NOT LISTED FOR SALE

1901 W Berridge Ln Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $556,246 - $1,008,000

1 Bed
6 Baths
3,000 Sq Ft
$265/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $300,100 $100 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $4,369/month

3 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Washington High School Rated A-

About This Home

As of October 2017

COME TAKE A LOOK AT THIS 4 PLEX. YOU CAN LIVE IN ONE UNIT AND RENT THE OTHER 3. UNIT 1 IS 2 BEDROOMS 2 BATH WITH POTENTIAL OF BEING A 3 BEDROOM. OWNER HAS DONE A FEW IMPROVEMENTS. CLOSE TO ALL AMENITIES AND SPECIALLY LIGHT RAIL.

Last Agent to Sell the Property

Noe Jimenez

West USA Realty License #SA104421000 Listed on: 09/30/2017

West USA Realty

Last Buyer's Agent

Bryan Vasquez

eXp Realty License #BR533332000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,715

Year Built

  • Built in 1963

Lot Details

  • 7,710

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Washington Elementary School - Phoenix
  • Washington High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, landscaping
  • Tax Lot 34
  • Assessor Parcel Number 156-13-108-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7722
  • Lot 34 Park Maryland Amd Mcr 76/25 Subdivision

Building Details

  • Operating Expense $7,165
  • Gross Income $28,785
  • Net Operating Income $24,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,715

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 19TH AVE. AN BETHANY HOME RD.
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2016
  • Directions: NORTH OF BETHANY HOME RD. ON 19TH AVE. PROPERTY IS ON THE SOUTHWEST CORNER OF 19TH AVE. AND BERRIDGE LN.
  • Road Surface Type: Alley
  • Subdivision Name: LOT 34 PARK MARYLAND AMD MCR 76/25
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Fuel Expense: 700.0
  • Annual Water Sewer Expense: 2700.0

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Washington High School
  • Middle Or Junior School: Washington Elementary School - Phoenix

Lot Info

  • Lot Size: 7722
  • Additional Parcels: No
  • Parcel #: 156-13-108-A

Multi Family

  • Owner Pays: Other, See Remarks, Trash Collection, Water, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 550.0
  • Annual Gross Income: 28785.0
  • Insurance Expense: 1500.0
  • Property Net Operating Income: 24850.0
  • Annual Operating Expense: 7165.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1715.0
  • Tax Book Number: 156.00
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2017
Closed on
Oct 30, 2017
Sold by
Castillo Garcia Pedro
Bought by
Mccune Frank V and Mccune Ruth A
Seller's Agent
Noe Jimenez
West USA Realty
Buyer's Agent
Bryan Vasquez
eXp Realty
List Price
$299,900
Sold Price
$300,100
Premium/Discount to List
$200
0.07%
Current Estimated Value
$796,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,212
Avg. Annual Appreciation
12.20%
Original Mortgage
$220,075
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2013
Sold by
Stoneyford Investments Llc
Bought by
Castillo Garcia Pedro

Purchase Details

Closed on
Aug 16, 2005
Sold by
Lee Hubert Man and Lee May Ling
Bought by
Stoneyford Investments Llc

Purchase Details

Closed on
Feb 16, 2005
Sold by
Avram Cornel and Avram Daniela
Bought by
Lee Hubert Man and Lee May Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2005
Sold by
Avram Cornel and Avram Daniela
Bought by
Avram Cornel and Avram Daniela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2004
Sold by
Avram Cornel and Avram Daniela
Bought by
Avram Cornel and Avram Daniela

Purchase Details

Closed on
Jun 27, 2001
Sold by
Dougherty Stephen R and Dougherty Erna K
Bought by
Avram Cornel and Avram Daniela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,750
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 1998
Sold by
Ostermeier Robert L and Ostermeier Betty J
Bought by
Dougherty Stephen R and Dougherty Erna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 16, 1994
Sold by
Ostermeier Robert L and Ostermeier Betty J
Bought by
Ostermeier Robert L and Ostermeier Betty J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mccune Frank V $295,100 Empire West Title Agency Llc
Castillo Garcia Pedro $255,000 American Title Service Agenc
Stoneyford Investments Llc $355,000 --
Stoneyford Investments Llc $355,000 --
Lee Hubert Man $355,000 Tsa Title Agency
Avram Cornel -- Tsa Title Agency
Avram Cornel -- --
Avram Cornel $177,500 American Title Insurance
Dougherty Stephen R $137,000 First American Title
Ostermeier Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccune Frank V $220,075
Previous Owner Lee Hubert Man $276,000
Previous Owner Avram Cornel $159,750
Previous Owner Dougherty Stephen R $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $300,100 +0.1% $100 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $299,900 -- $100 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,958 $16,009 -- --
2024 $1,922 $15,247 -- --
2023 $1,922 $62,660 $12,530 $50,130
2022 $1,860 $40,970 $8,190 $32,780
2021 $1,884 $34,510 $6,900 $27,610
2020 $1,837 $29,460 $5,890 $23,570
2019 $1,803 $24,580 $4,910 $19,670
2018 $1,756 $22,080 $4,410 $17,670
2017 $1,747 $22,230 $4,440 $17,790
2016 $1,715 $17,510 $3,500 $14,010
2015 $1,588 $14,800 $2,960 $11,840
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Noe Jimenez

    West USA Realty

    (602) 942-1410

    1 in this area

    32 Total Sales

    Noe Jimenez
    Section Image
  • Bryan Vasquez

    Buyer's Agent in 2017

    Bryan Vasquez

    eXp Realty

    (480) 382-8007

    1 in this area

    31 Total Sales

    Bryan Vasquez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5667257

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-13-108A

Arizona Maricopa County Phoenix 85015 Alhambra

1901 W Berridge Ln, Phoenix, AZ

This home is located at 1901 W Berridge Ln, Phoenix, AZ 85015 since 30 September 2017 and is currently estimated at $796,312, approximately $265 per square foot. This property was built in 1963. 1901 W Berridge Ln is a home located in Maricopa County with nearby schools including Maryland Elementary School, Washington High School, and Pensar Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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