NOT LISTED FOR SALE

1903 E Pinchot Ave Phoenix, AZ 85016

Estimated Value: $516,169 - $536,000

4 Beds
-- Bath
1,739 Sq Ft
$303/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $197,000 $113 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $2,999/month

235 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of February 2018

Excellent opportunity in Phoenix - 1 block North of Phoenix Children's and AZ Heart Hospitals! Easy freeway access to the 51. Masonry Construction!Property is street and alley accessible! Plenty of parking with surface spots and covered carport - no carpets, Tile throughout!

**One lease is up on 11/30/17 so it can go owner occupied!***

Do Not Disturb Tenants as they are unaware of the sale.

Buyer to verify all facts, financial information and any items of concern during the due diligence period.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 05/27/2017

Last Buyer's Agent

Deana Aller

Coldwell Banker Realty License #SA566952000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1950

Lot Details

  • 9,583

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 105
  • Assessor Parcel Number 119-25-105-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 9587 Sq Ft
  • Urbandale Subdivision

Building Details

  • Operating Expense $4,313
  • Gross Income $16,484
  • Net Operating Income $16,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 19th St & Thomas Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-6
  • Number Of Buildings: 1
  • Year Built: 1950
  • Tax Year: 2016
  • Directions: Exit Thomas Rd on Hwy 51, go west on 18th Pl, go east on E Pinchot Ave to Duplex
  • Road Surface Type: Asphalt
  • Subdivision Name: URBANDALE
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: 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

Fee Information

  • Annual Water Sewer Expense: 1080.0

Lot Info

  • Lot Size: 9587 Sq Ft
  • Additional Parcels: No
  • Parcel #: 119-25-105-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 16484.4
  • Insurance Expense: 1033.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 16485.0
  • Annual Operating Expense: 4313.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1200.0
  • Tax Book Number: 119.00
  • Tax Lot: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2017
Closed on
Feb 8, 2018
Sold by
Mccarthy Ryan
Bought by
Aller David Wayne and Aller Deana Marie
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Deana Aller
Coldwell Banker Realty
List Price
$219,000
Sold Price
$197,000
Premium/Discount to List
-$22,000
-10.05%
Current Estimated Value
$527,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,542
Avg. Annual Appreciation
14.01%

Purchase Details

Closed on
Dec 24, 2012
Sold by
Pinchot Llc
Bought by
Mccarthy Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,650
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2008
Sold by
Mccarthy Ryan
Bought by
Pinchot Llc

Purchase Details

Closed on
Mar 24, 2008
Sold by
Mara James Scott
Bought by
Mara Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,400
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2008
Sold by
Mara Kathryn M
Bought by
Mccarthy Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,400
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2004
Sold by
Suburban Properties Llc
Bought by
Mara Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 16, 2003
Sold by
Mara James Scott
Bought by
Suburban Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 2003
Sold by
Mara Kathryn M
Bought by
Mara James Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 8, 2002
Sold by
Lemke Rosemarie B
Bought by
Mara Kathryn M
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
Aller David Wayne $197,000 Chicago Title Agency Inc
Mccarthy Ryan -- Title Source
Pinchot Llc -- None Available
Mara Kathryn M -- Security Title Agency Inc
Mccarthy Ryan $190,500 Security Title Agency Inc
Mara Kathryn M -- --
Suburban Properties Llc -- --
Mara James Scott -- --
Mara Kathryn M $123,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarthy Ryan $150,650
Previous Owner Mccarthy Ryan $152,400
Previous Owner Mara Kathryn M $21,000
Previous Owner Mara Kathryn M $116,000
Previous Owner Lemke Richard L $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2018 02/13/18 Sold $197,000 -5.7% $113 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
10/02/2017 10/02/17 Price Changed $209,000 -4.6% $120 / Sq Ft
09/26/2017 09/26/17 For Sale $219,000 0.0% $126 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
09/05/2017 09/05/17 Price Changed $219,000 -2.2% $126 / Sq Ft
05/26/2017 05/26/17 For Sale $224,000 -- $129 / 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 $1,492 $11,476 -- --
2024 $1,389 $10,930 -- --
2023 $1,389 $39,580 $7,910 $31,670
2022 $1,332 $30,700 $6,140 $24,560
2021 $1,373 $27,050 $5,410 $21,640
2020 $1,338 $22,500 $4,500 $18,000
2019 $1,330 $19,560 $3,910 $15,650
2018 $1,301 $15,420 $3,080 $12,340
2017 $1,250 $14,120 $2,820 $11,300
2016 $1,200 $10,680 $2,130 $8,550
2015 $1,118 $9,720 $1,940 $7,780
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image
  • Deana Aller

    Buyer's Agent in 2018

    Deana Aller

    Coldwell Banker Realty

    (602) 295-3151

    19 Total Sales

    Deana Aller
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5611942

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-25-105A

Arizona Maricopa County Phoenix 85016

1903 E Pinchot Ave, Phoenix, AZ

This home is located at 1903 E Pinchot Ave, Phoenix, AZ 85016 since 27 May 2017 and is currently estimated at $527,542, approximately $303 per square foot. This property was built in 1950. 1903 E Pinchot Ave is a home located in Maricopa County with nearby schools including Loma Linda Elementary School, North High School, 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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