NOT LISTED FOR SALE

1929 E Osborn Rd Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $550,412 - $1,027,000

4 Beds
-- Bath
2,024 Sq Ft
$347/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $312,500 $154 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,810/month

188 Days on Market

Highlights

  • Central Air
  • Vinyl Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of December 2017

Outstanding Investment Income Property! property is located closed to airport, Biltmore shopping center, gym, shopping centers. Easy freeway access I-10, 202, 51 and I-17. All detached with fence patios, plus off street parking. Buyer to verify all facts and figures.

Last Agent to Sell the Property

Doug Smith

Precision Real Estate License #BR623714000 Listed on: 05/25/2017

Last Buyer's Agent

Mike Atencio

Valley King Properties, LLC License #BR041070000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 1952

Lot Details

  • 9,714

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 1 Open Parking Space
  • 5 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Loma Linda Elementary School
  • Camelback High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 13
  • Assessor Parcel Number 119-26-034

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9716
  • Viner Place Subdivision

Building Details

  • Operating Expense $4,660
  • Net Operating Income $22,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,320

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: 16th Street & Osborn Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: res
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1952
  • Tax Year: 2016
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: VINER PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Individual
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Loma Linda Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Loma Linda Elementary School

Lot Info

  • Lot Size: 9716
  • Additional Parcels: No
  • Parcel #: 119-26-034

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 890.0
  • Maintenance Expense: 650.0
  • Property Net Operating Income: 22940.0
  • Annual Operating Expense: 4660.0

Tax Info

  • Tax Annual Amount: 1320.0
  • Tax Book Number: 119.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Dec 19, 2017
Sold by
Gaw Bing
Bought by
Az Holdings Llc
Seller's Agent
Doug Smith
Precision Real Estate
Buyer's Agent
Mike Atencio
Valley King Properties, LLC
List Price
$325,000
Sold Price
$312,500
Premium/Discount to List
-$12,500
-3.85%
Current Estimated Value
$701,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,103
Avg. Annual Appreciation
10.68%

Purchase Details

Closed on
Jun 13, 2005
Sold by
Gaw Lay
Bought by
Gaw Bing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 24, 2004
Sold by
Rankin Catherine Lee
Bought by
Meridith Denise P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 1997
Sold by
Ivanich Mark J
Bought by
Rankin Catherine Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Az Holdings Llc $312,500 Precision Title Agency Inc
Gaw Bing -- First American Title Ins Co
Gaw Bing $285,000 First American Title Ins Co
Meridith Denise P $165,000 Grand Canyon Title Agency In
Rankin Catherine Lee $85,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaw Bing $213,750
Previous Owner Meridith Denise P $132,000
Previous Owner Rankin Catherine Lee $76,500
Closed Meridith Denise P $24,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2017 12/20/17 Sold $312,500 -3.8% $154 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/25/2017 11/25/17 For Sale $325,000 +4.0% $161 / Sq Ft
11/25/2017 11/25/17 Off Market $312,500 -- --
09/19/2017 09/19/17 For Sale $325,000 0.0% $161 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $325,000 0.0% $161 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $325,000 0.0% $161 / Sq Ft
08/29/2017 08/29/17 Price Changed $325,000 0.0% $161 / Sq Ft
05/25/2017 05/25/17 For Sale $325,000 -- $161 / 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 $1,607 $11,900 -- --
2024 $1,529 $11,333 -- --
2023 $1,529 $46,720 $9,340 $37,380
2022 $1,469 $34,380 $6,870 $27,510
2021 $1,505 $31,680 $6,330 $25,350
2020 $1,468 $26,070 $5,210 $20,860
2019 $1,458 $20,480 $4,090 $16,390
2018 $1,428 $16,080 $3,210 $12,870
2017 $1,373 $15,900 $3,180 $12,720
2016 $1,320 $13,130 $2,620 $10,510
2015 $1,228 $11,480 $2,290 $9,190
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Doug Smith

    Precision Real Estate

    (623) 218-1113

    39 Total Sales

    Doug Smith
    Section Image
  • Mike Atencio

    Buyer's Agent in 2017

    Mike Atencio

    Valley King Properties, LLC

    (480) 347-6081

    30 Total Sales

    Mike Atencio
    Section Image

  • M

    Buyer's Agent in 2017

    Michael Atencio

    Valley King Properties, LLC

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5610876

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-26-034

Arizona Maricopa County Phoenix 85016 Camelback East Village

1929 E Osborn Rd, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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