1905 W Village Dr Phoenix, AZ 85023
North Central Phoenix Neighborhood
--
Bed
--
Bath
960
Sq Ft
0.31
Acres
Highlights
- Cooling Available
- Ceiling Fan
- Heating Available
- Ceramic Tile Flooring
About This Home
As of March 2025Exceptional fourplex in a prime location with zero turnover in over five years. This well-maintained asset features three 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. Situated within the North I-17 employment corridor, the area boasts over 95,000 jobs within a 5-mile radius of the property. The roof was replaced in 2020 and comes with a 10-year warranty, while the parking lot was repaved in 2022. 2 HVAC & water heaters replaced in November of 2024. Long-term tenants enjoy the large yard & maintain the property, resulting in minimal expenses for the owner. The owner covers water and electricity for security and laundry, while tenants are responsible for their own electric bills. This presents a value-add opportunity with immediate upside potential,.
Last Agent to Sell the Property
Sutton Cebrynski
Marcus & Millichap License #SA707695000 Listed on: 07/17/2024
Last Buyer's Agent
Sutton Cebrynski
Marcus & Millichap License #SA707695000 Listed on: 07/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,455
Year Built
- Built in 1970
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Built-Up Roof
- Block Exterior
- Metal Construction or Metal Frame
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 5 Open Parking Spaces
- 9 Parking Spaces
- 4 Covered Spaces
- Paved Parking
Schools
- Village Meadows Elementary School
- Deer Valley Middle School
- Deer Valley High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer
- Tax Lot /
- Assessor Parcel Number 208-07-080-C
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 88 x 154
- Village Meadow Subdivision
Building Details
- Operating Expense $4,535
- Gross Income $58,800
- Net Operating Income $43,733
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2024
Closed on
Feb 7, 2025
Sold by
1905 W Village Drive Llc
Bought by
Hanson Maurice and Hanson Carol Estefany
Seller's Agent
Sutton Cebrynski
Marcus & Millichap
Buyer's Agent
Sutton Cebrynski
Marcus & Millichap
List Price
$740,000
Sold Price
$710,000
Premium/Discount to List
-$30,000
-4.05%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,052
Avg. Annual Appreciation
1.28%
Original Mortgage
$674,500
Outstanding Balance
$671,725
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$42,819
Purchase Details
Closed on
May 12, 2009
Sold by
U S Bank National Association
Bought by
Perlmutter Andrew and Presser Bobbi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 20, 2008
Sold by
Ramos Maximo
Bought by
U S Bank Na and Marm 2007-Hf1
Purchase Details
Closed on
Nov 20, 2006
Sold by
Bot Viorel and Bot Linda
Bought by
Ramos Maximo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Nov 21, 2001
Sold by
Fisher Helen L and The Helen L Fisher Trust
Bought by
Bot Viorel and Bot Lina
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
6.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 10, 2000
Sold by
Fisher Helen L
Bought by
Fisher Helen L and The Helen L Fisher Trust
Purchase Details
Closed on
Oct 18, 1996
Sold by
Ebbitt Gregory G
Bought by
Fisher Helen
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $710,000 | Premier Title Agency | |
| Special Warranty Deed | $100,000 | Great American Title Agency | |
| Trustee Deed | $353,219 | Great American Title Agency | |
| Warranty Deed | $420,000 | Great American Title Agency | |
| Warranty Deed | $145,000 | Grand Canyon Title Agency In | |
| Interfamily Deed Transfer | -- | Lawyers Title Of Arizona Inc | |
| Warranty Deed | -- | First American Title | |
| Warranty Deed | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $674,500 | New Conventional | |
| Previous Owner | $75,000 | New Conventional | |
| Previous Owner | $84,000 | Stand Alone Second | |
| Previous Owner | $336,000 | Purchase Money Mortgage | |
| Previous Owner | $116,000 | New Conventional | |
| Closed | $14,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Sold | $710,000 | -5.3% | $740 / Sq Ft |
| 02/11/2025 02/11/25 | Price Changed | $750,000 | 0.0% | $781 / Sq Ft |
| 12/24/2024 12/24/24 | Price Changed | $750,000 | 0.0% | $781 / Sq Ft |
| 12/06/2024 12/06/24 | Pending | -- | -- | -- |
| 11/20/2024 11/20/24 | Price Changed | $750,000 | +1.4% | $781 / Sq Ft |
| 11/20/2024 11/20/24 | For Sale | $740,000 | 0.0% | $771 / Sq Ft |
| 11/05/2024 11/05/24 | Pending | -- | -- | -- |
| 07/17/2024 07/17/24 | For Sale | $740,000 | -- | $771 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,478 | $14,602 | -- | -- |
| 2024 | $1,455 | $13,907 | -- | -- |
| 2023 | $1,455 | $41,210 | $8,240 | $32,970 |
| 2022 | $1,406 | $29,170 | $5,830 | $23,340 |
| 2021 | $1,443 | $28,480 | $5,690 | $22,790 |
| 2020 | $1,418 | $25,070 | $5,010 | $20,060 |
| 2019 | $1,377 | $24,310 | $4,860 | $19,450 |
| 2018 | $1,334 | $21,080 | $4,210 | $16,870 |
| 2017 | $1,291 | $19,510 | $3,900 | $15,610 |
| 2016 | $1,225 | $15,260 | $3,050 | $12,210 |
| 2015 | $1,097 | $12,880 | $2,570 | $10,310 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2025
Sutton Cebrynski
Marcus & Millichap
-
German Pardo
Buyer Co-Listing Agent in 2025
German Pardo
Better Homes & Gardens Real Estate SJ Fowler
(480) 593-6599
1 in this area
7 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6732203
APN: 208-07-080C
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.
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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