NOT LISTED FOR SALE

1901 W Clarendon Ave Phoenix, AZ 85015

North Encanto Neighborhood

Estimated Value: $420,103 - $531,000

8 Beds
-- Bath
1,749 Sq Ft
$277/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $700,000 $400 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $2,654/month

36 Days on Market

About This Home

As of July 2020

Offering includes 2 adjacent duplexes....1901 & 1907 West Clarendon Avenue is a unique offering of two
adjacent duplexes. The property is in the heart of Phoenix and is
approximately one mile from Phoenix Community College. It is also a
little over a mile and a half to the popular mixed-use redevelopment of
Park Central, where Creighton University is currently under
construction. It is minutes to the Central Avenue business corridor, the
light rail, Indian Steele Park, and more. Grand Canyon University is less
than three miles away in the other direction and Downtown Phoenix is
less than four miles away to the southeast. The location is extremely
central and allows residents to enjoy, with ease, so much of what Central Phoenix has to offer. With many dining, shopping, education,
and entertainment options, as well as multiple freeway access points
within minutes, this property has continued to be an extremely
desirable place for residents to live. As more and more happens in the
area, the desirability only seems to continue to grow.
One duplex was almost completely rebuilt after fire damage in 2016.
The other duplex has received partial updates as well. All four units
have their own private yard / patio area and in-suite laundry. Each unit is
individually metered for electricity. The property sits on two separate
parcels, allowing for someone to get 30-year fixed-rate residential
financing, if desired. This is a phenomenal bite-size opportunity in a
great location that should continue to improve as things continue to
happen in this part of town.

Last Agent to Sell the Property

John Klocek

ABI Multifamily License #SA657592000 Listed on: 04/09/2020

Co-Listed By

Patrick Burch

ABI Multifamily License #BR515118000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,059

Year Built

  • Built in 1950

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Parking

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

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 1 / 16
  • Assessor Parcel Number 110-17-021

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are NA
  • Westwood Estates Plat 3 Subdivision

Building Details

  • Operating Expense $13,663
  • Gross Income $45,064
  • Net Operating Income $31,401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,059

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Osborn & 19th Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R5
  • Number Of Buildings: 2
  • Year Built: 1950
  • Tax Year: 2019
  • Directions: North on 19th Ave, Left on Clarendon, Property on Left Side on SWC of Clarendon and 19th Ave.
  • Road Surface Type: Concrete
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: WESTWOOD ESTATES PLAT 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Other, See Remarks
  • Roof: See Remarks, Composition
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 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

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C, Individual
  • Heating: Individual, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: NA
  • Additional Parcels: Yes
  • Parcel #: 110-17-021

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 45064.2
  • Property Net Operating Income: 31401.03
  • Annual Operating Expense: 13663.17
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2059.0
  • Tax Block: 16
  • Tax Book Number: 110.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Buckner Anita R
Bought by
Jamie L Montoya Family Trust
Current Estimated Value
$484,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Outstanding Balance
$313,825
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$170,201

Purchase Details

Listed on
Apr 9, 2020
Closed on
Jun 25, 2020
Sold by
Orchid Lane Rental Llc
Bought by
Buckner Anita R
Seller's Agent
John Klocek
ABI Multifamily
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.74%
Original Mortgage
$175,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2019
Sold by
Zarob Thomas
Bought by
Orchid Lane Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,625
Interest Rate
3.5%

Purchase Details

Closed on
Nov 13, 2019
Sold by
Zarob Angela May
Bought by
Zarbo Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,625
Interest Rate
3.5%

Purchase Details

Closed on
Feb 10, 2018
Sold by
Sullivan Michael and Sullivan Michelle
Bought by
Seager Ronald L and Seager Desiree L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,875
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2017
Sold by
Sullivan Michael
Bought by
Sullivan Michael and Sullivan Michelle

Purchase Details

Closed on
Feb 2, 2009
Sold by
Sullivan Michelle Marie
Bought by
Sullivan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2009
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Sullivan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2008
Sold by
Samaniego Martin and Samaniego Celia
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York Trust

Purchase Details

Closed on
Jan 18, 2005
Sold by
Luckey Lois C
Bought by
Samaniego Martin and Samaniego Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 21, 2000
Sold by
Chaffin Alvin and Chaffin Daria V
Bought by
Luckey Lois C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
8.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 1998
Sold by
Geraghty Barbara A
Bought by
Chaffin Alvin and Chaffin Daria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
7.03%
Mortgage Type
New Conventional
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
Jamie L Montoya Family Trust $510,000 Thomas Title & Escrow Llc
Buckner Anita R $350,000 Grand Canyon Title Agency
Orchid Lane Rentals Llc -- None Available
Zarbo Thomas -- Grand Canyon Title Agency
Zarob Thomas $267,500 Grand Canyon Title Agency
Seager Ronald L $182,500 Commonwealth Land Title Insu
Sullivan Michael -- None Available
Sullivan Michael -- Great American Title Agency
Sullivan Michael $70,000 Lsi Title Agency
The Bank Of New York Mellon Trust Compan $116,079 Security Title Agency
Samaniego Martin $135,000 Camelback Title Agency Llc
Luckey Lois C $104,000 North American Title Agency
Chaffin Alvin $92,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamie L Montoya Family Trust $332,500
Previous Owner Buckner Anita R $175,000
Previous Owner Zarob Thomas $200,625
Previous Owner Seager Ronald L $136,875
Previous Owner Sullivan Michael $56,000
Previous Owner Sullivan Michael $56,000
Previous Owner Samaniego Martin $108,000
Previous Owner Luckey Lois C $93,600
Previous Owner Chaffin Alvin $82,800
Closed Samaniego Martin $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $700,000 -3.4% $400 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
04/07/2020 04/07/20 For Sale $725,000 -- $415 / 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 $1,050 $7,312 -- --
2024 $1,055 $6,964 -- --
2023 $1,055 $27,000 $5,400 $21,600
2022 $1,039 $19,960 $3,990 $15,970
2021 $1,049 $17,480 $3,490 $13,990
2020 $1,008 $14,910 $2,980 $11,930
2019 $996 $12,100 $2,420 $9,680
2018 $919 $10,350 $2,070 $8,280
2017 $908 $9,180 $1,830 $7,350
2016 $870 $7,660 $1,530 $6,130
2015 $823 $6,580 $1,310 $5,270
Source: Public Records

Agents Affiliated with this Home

  • John Klocek

    Seller's Agent in 2020

    John Klocek

    ABI Multifamily

    (602) 639-0088

    24 Total Sales

    John Klocek
    Section Image
  • Patrick Burch

    Seller Co-Listing Agent in 2020

    Patrick Burch

    ABI Multifamily

    (520) 603-1768

    38 Total Sales

    Patrick Burch
    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6064018

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-17-021

Arizona Maricopa County Phoenix 85015 North Encanto

1901 W Clarendon Ave, Phoenix, AZ

This home is located at 1901 W Clarendon Ave, Phoenix, AZ 85015 since 09 April 2020 and is currently estimated at $484,026, approximately $276 per square foot. This property was built in 1950. 1901 W Clarendon Ave is a home located in Maricopa County with nearby schools including Westwood Primary School, Choice Learning Academy, and Phoenix Coding 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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