NOT LISTED FOR SALE

1948 E Campbell Ave Phoenix, AZ 85016

Camelback East Village Neighborhood
10 Beds
9 Baths
1,500 Sq Ft
1964 Built

Sale Details

Date Sold: May 15, 2015

Last sale price $765,000 $510 Per Sq Ft

5 Days on Market

Highlights

  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of May 2015

Fully renovated and repositioned in 2012, Casitas on Campbell features eight (8) single level one-bedroom/one-bath apartment homes as well as one (1) two-bedroom/one-bath apartment home. Casitas on Campbell’s mid-century retro design includes sandblasted block exterior, sleek corrugated metal roofing, and contemporary exterior finishes and landscape design that are fitting for this exclusive infill Biltmore neighborhood.

Interior features include open floorplans with completely new finishes; white cabinetry, stainless steel appliances, Formica slate countertops, faux wood and tile flooring, track lighting, faux wood blinds, spacious walk-in closets, open bedrooms with French doors that lead to private back patios, Hollywood-style bathroom vanities, and tile surround bathtubs. Community features include large exterior fenced yards for every unit, on-site laundry facility (owned), off-street covered parking, security doors, low maintenance landscaping, and security lighting.

Last Agent to Sell the Property

Greg Thielen

At Real Estate Services License #BR104208000 Listed on: 04/15/2015

Last Buyer's Agent

Hillary Corrigan

HomeSmart License #SA571266000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,022

Year Built

  • Built in 1964

Home Design

  • Metal Roof
  • Block Exterior
  • Stone Exterior Construction

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Open Parking Spaces
  • 16 Parking Spaces
  • 12 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 163-23-143-C

Community Details

Overview

  • 2 Buildings
  • 9 Units
  • Building Dimensions are 23548
  • Highland Estates Subdivision

Building Details

  • Operating Expense $22,305
  • Gross Income $79,893
  • Net Operating Income $48,745

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,022

Year Built

Built in 1964

Listing Details

  • Cross Street: 20th St and Campbell Avenue
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1964
  • Tax Year: 2014
  • Road Surface Type: Asphalt, Dedicated Street, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 3999.0
  • Subdivision Name: HIGHLAND ESTATES
  • Tax Parcel Letter: C
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stone, Block
  • Roof: Metal
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 12.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Central A/C, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1200.0
  • Annual Water Sewer Expense: 3750.0

Lot Info

  • Lot Size: 23548
  • Additional Parcels: No
  • Parcel #: 163-23-143-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 9
  • Electric Expense: 970.0
  • Annual Gross Income: 79892.8
  • Insurance Expense: 1614.0
  • Maintenance Expense: 4500.0
  • Property Net Operating Income: 48745.0
  • Annual Operating Expense: 22305.0
  • Vacancy Allowance Rate: 0.08

Tax Info

  • Tax Annual Amount: 4022.0
  • Tax Book Number: 163.00
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
0.0389%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 15, 2015
Closed on
May 13, 2015
Sold by
Bought by
Seller's Agent
Greg Thielen
At Real Estate Services
Buyer's Agent
Hillary Corrigan
HomeSmart
List Price
$799,000
Sold Price
$765,000
Premium/Discount to List
-$34,000
-4.26%

Purchase Details

Closed on
Aug 17, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
0.0676%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.057%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$975,000 First American Title Insuran
$765,000 Magnus Title Agency
$850,000 Stewart Title & Trust Of Pho
$500,000 Lawyers Title Ins
$226,775 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $750,000
Closed $750,000
Previous Owner $510,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $765,000 -4.3% $510 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $799,000 -- $533 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,986 $38,270
2024 $4,626 $36,448
2023 $4,626 $138,710 $27,740 $110,970
2022 $4,488 $104,500 $20,900 $83,600
2021 $4,527 $94,170 $18,830 $75,340
2020 $4,456 $87,200 $17,440 $69,760
2019 $4,358 $67,020 $13,400 $53,620
2018 $4,251 $52,060 $10,410 $41,650
2017 $4,051 $48,970 $9,790 $39,180
2016 $3,911 $40,570 $8,110 $32,460
2015 $3,633 $35,320 $7,060 $28,260
Source: Public Records

Agents Affiliated with this Home

  • Greg Thielen

    Seller's Agent in 2015

    Greg Thielen

    At Real Estate Services

    (602) 432-4336

    3 Total Sales

    Greg Thielen
    Section Image

  • H

    Buyer's Agent in 2015

    Hillary Corrigan

    HomeSmart

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5265842

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85016 Camelback East Village

1948 E Campbell Ave, Phoenix, AZ

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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