NOT LISTED FOR SALE

1917 N 42nd St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $461,145 - $628,000

4 Beds
4 Baths
1,768 Sq Ft
$306/Sq Ft Est. Value

Last Sold May 14, 2012

Last sale price $95,900 $54 Per Sq Ft

Est. 465% increase in value since last sale

Current estimated payment $3,112/month

21 Days on Market

Highlights

  • Painted or Stained Flooring
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System

About This Home

As of May 2012

TURN-KEY INVESTOR SPECIAL!!! CASHFLOW DAY 1! 13% cap rate with expenses. Both units are 2 bed/2 bath. Good tenants on 12 month or more lease terms, paying $625 or more per month. Both units are tile/carpet with new paint, fixtures and cabinets. Well maintained. Great location close to the shopping, restaurants, downtown and schools. This property is ready to go. Private funds available for purchase with 50% down.

Last Listed By

Jason Harrell

AZ Pro Realty License #BR624174000 Listed on: 03/30/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $943

Year Built

  • Built in 1959

Lot Details

  • 6,186

Parking

  • Assigned Parking

Home Design

  • Composition Shingle Roof
  • Block Exterior

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV, electric, gas, landscaping, sewer, trash, water

Community Details

Overview

  • $736 per year Dock Fee
  • 2 Units
  • Building Dimensions are 78.5 x 78.5

Building Details

  • Insurance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$943

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: Disposal, F/S Oven/Range, Refrigerator
  • Construction Finish: Painted
  • Cross Street: 44th St. / McDowell
  • Floors: Carpet, Ceramic Tile
  • Legal Info Lot Number: 15
  • Legal Info Range: 4E
  • Legal Info Section: 31
  • Legal Info Township: 2N
  • Roads Streets: Asphalt
  • Property Type: F
  • Hundred Block: 000
  • Legal Description Abbrev: Ella Lee
  • Marketing Name: Investment Opportunity
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 2.00
  • Map Code Grid: P35
  • Year Built: 1959
  • Tax Year: 2011
  • Directions: North on Mcdowell to Palm Lane. West on Palm Lane to 42nd Street. Corner home on 42nd Street/Palm Lane. One unit faces Palm Lane and the other faces 42nd Street.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Fire/Smoke Alarm(s), Unfurnished, Vertical Blinds

Exterior Features

  • Exterior Amenities: Desert Landscaping, Fenced, Landscape Wtr System
  • Roofing: Comp Shingle
  • Construction: Block

Garage/Parking

  • Parking: <1 Space Per Unit, Assigned, Carport
  • Total Parking Spaces: 4.00
  • Covered Parking Spaces: 2.00

Utilities

  • Water: City Franchise
  • Electric: SRP
  • Gas: SW Gas
  • Cooling: Ceiling Fan(s), Central A/C, Electric, Individual
  • Heating: Central, Electric, Individual

Condo/Co-op/Association

  • Community Amenities: No Pool

Lot Info

  • Lot Size: 78.5 x 78.5

Multi Family

  • Income And Expenses Adjusted Gross Inc: 15060.00
  • Income And Expenses Annual Ins Exp: 500.00
  • Income And Expenses Annual Maint Exp: 100.00
  • Income And Expenses Annual Water Sewer Exp: 1506.00
  • Income And Expenses Gross Annual Sch Inc: 15060.00
  • Income And Expenses Net Operating Income: 12218.00
  • Income And Expenses Operating Exp: 2842.00
  • Income And Expenses Totl Mnth Rntal Inc: 1255.00
  • Number Of Two Bedroom Units: 2
  • Tenant Pays: Cable TV, Electric, Gas, Landscaping, Sewer, Trash, Water
  • Total Numberof Buildings: 1
  • Total Numberof Units: 2.00
  • Two Bedroom Units Avg Rent: 625.00
  • Two Bedroom Units Avg Sq Ft: 884
  • Two Bedroom Units Baths: 2

Tax Info

  • Taxes: 736.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2012
Closed on
May 11, 2012
Sold by
Foreclosure Assistance Company Llc
Bought by
Sanchez Paul David and Kesten Rhonda
Seller's Agent
Jason Harrell
AZ Pro Realty
Buyer's Agent
Sandra Gyger
Century 21 Arizona Foothills
List Price
$95,900
Sold Price
$95,900
Total Days on Market
21
Current Estimated Value
$541,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,886
Avg. Annual Appreciation
14.83%

Purchase Details

Closed on
Nov 2, 2010
Sold by
Carbajal Antonio Garcia and Silverio Elvia
Bought by
Foreclosure Assistance Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,900
Interest Rate
4.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 2001
Sold by
Lolli Edith Margaret
Bought by
Johnson Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,867
Interest Rate
6.67%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 2001
Sold by
Chiesa Jacqueline M Della
Bought by
Carvajal Antonio Garcia and Silverio Elvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,867
Interest Rate
6.67%
Mortgage Type
FHA

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
Sanchez Paul David $95,900 American Title Service Agenc
Foreclosure Assistance Company Llc $53,900 None Available
Carvajal Antonio Garcia $138,000 Grand Canyon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foreclosure Assistance Company Llc $61,900
Previous Owner Foreclosure Assistance Company Llc $61,900
Previous Owner Carbajal Antonio Garcia $192,000
Previous Owner Carbajal Antonio Garcia $146,200
Previous Owner Carbajal Antonio Garcia $137,532
Previous Owner Carvajal Antonio Garcia $135,867
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2012 05/14/12 Sold $95,900 0.0% $54 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $95,900 -- $54 / 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 $943 $7,855 -- --
2024 $934 $7,481 -- --
2023 $934 $28,950 $5,790 $23,160
2022 $901 $21,210 $4,240 $16,970
2021 $916 $20,460 $4,090 $16,370
2020 $899 $17,380 $3,470 $13,910
2019 $895 $16,400 $3,280 $13,120
2018 $843 $14,610 $2,920 $11,690
2017 $808 $13,600 $2,720 $10,880
2016 $790 $12,800 $2,560 $10,240
2015 $651 $8,470 $1,690 $6,780
Source: Public Records

Agents Affiliated with this Home

  • Jason Harrell

    Seller's Agent in 2012

    Jason Harrell

    AZ Pro Realty

    (480) 518-4282

    5 Total Sales

    Jason Harrell
    Section Image

  • S

    Buyer's Agent in 2012

    Sandra Gyger

    Century 21 Arizona Foothills

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4736981

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-07-080

Arizona Maricopa County Phoenix 85008 Camelback East Village

1917 N 42nd St, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1917 N 42nd St, Phoenix, AZ 85008 since 30 March 2012 and is currently estimated at $541,786, approximately $306 per square foot. This property was built in 1959. 1917 N 42nd St is a home located in Maricopa County with nearby schools including Griffith Elementary School, Camelback 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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