NOT LISTED FOR SALE

2014 E Sweetwater Ave Phoenix, AZ 85022

Estimated Value: $181,000 - $1,279,000

-- Bed
-- Bath
13,905 Sq Ft
$52/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $575,000 $41 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $3,008/month

159 Days on Market

Highlights

  • Cooling Available
  • Shadow Mountain High School Rated A-
  • Individual Controls for Heating

About This Home

As of June 2015

Each unit has individual title so opportunities are endless. All units are 2 bedroom 1 full bath upstairs, Living room, half bath, kitchen with all appliances as well as washer and dryer and each have a small blocked private back yard. There is an open green common area. Property if very well maintained. Owner has left one unit vacant to show. Units rent with in 30 days when available. 3 of the 6 tenants have been in place for 3+ years.

Last Agent to Sell the Property

Peggy Bauer

Cactus Mountain Properties, LLC License #SA559255000 Listed on: 11/29/2014

Cactus Mountain Properties, LLC

Last Buyer's Agent

Samir Sawhney

XCD Realty & Property Mgmt License #BR645393000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,040

Year Built

  • Built in 2010

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 12 Parking Spaces
  • 6 Covered Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 1 speak to lister
  • Assessor Parcel Number 166-11-089

Community Details

Overview

  • 4 Buildings
  • 6 Units
  • Building Dimensions are IRR
  • Sweetwater Condos Subdivision

Building Details

  • Operating Expense $11,040
  • Net Operating Income $31,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,040

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Cross Street: Cavecreek and Cactus
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 4
  • Year Built: 2010
  • Tax Year: 2014
  • Directions: North on Cavecreek West to Sweetwater property on right side - please DO NOT DISTURB TENANTS -
  • Road Surface Type: Asphalt
  • Subdivision Name: Sweetwater Condos
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 12.0
  • Garage Details: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 166-11-089

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 6
  • Property Net Operating Income: 31540.0
  • Annual Operating Expense: 11040.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 11040.0
  • Tax Book Number: 166.00
  • Tax Lot: 1 speak to lister

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2014
Closed on
Jul 20, 2015
Sold by
Nilsson Livestock Ltd
Bought by
Ynj Scottsdale Llc
Seller's Agent
Peggy Bauer
Cactus Mountain Properties, LLC
Buyer's Agent
Samir Sawhney
XCD Realty & Property Mgmt
List Price
$900,000
Sold Price
$575,000
Premium/Discount to List
-$325,000
-36.11%
Current Estimated Value
$469,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$105,500
Avg. Annual Appreciation
2.37%
Original Mortgage
$395,000
Outstanding Balance
$310,986
Interest Rate
3.98%
Mortgage Type
Commercial
Estimated Equity
$419,014

Purchase Details

Closed on
Oct 16, 2012
Sold by
Nilsson Livestock Ltd
Bought by
Nilson Livestock Ltd

Purchase Details

Closed on
May 11, 2010
Sold by
2014 Sweetwater Llc
Bought by
Hodge Jerry W
Source: Public Records

Range of Values:

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Average Value
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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
Ynj Scottsdale Llc $550,000 Chicago Title Agency Inc
Nilson Livestock Ltd -- None Available
Hodge Jerry W $380,000 Clear Title Agency Of Arizon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ynj Scottsdale Llc $395,000
Previous Owner Rymax Development Llc $714,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $575,000 -36.1% $41 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
11/28/2014 11/28/14 For Sale $900,000 -- $65 / 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 -- $44 $44 --
2024 -- $50 $50 --
2023 -- $50 $50 --
2022 $0 $50 $50 $0
2021 $0 $50 $50 $0
2020 $0 $50 $50 $0
2019 $0 $50 $50 $0
2018 $0 $50 $50 $0
2017 $0 $50 $50 $0
2016 $0 $50 $50 $0
2015 -- $50 $50 $0
Source: Public Records

Agents Affiliated with this Home

  • Peggy Bauer

    Seller's Agent in 2015

    Peggy Bauer

    Cactus Mountain Properties, LLC

    (602) 369-4905

    3 in this area

    204 Total Sales

    Peggy Bauer
    Section Image
  • Samir Sawhney

    Buyer's Agent in 2015

    Samir Sawhney

    XCD Realty & Property Mgmt

    (860) 559-0559

    10 in this area

    274 Total Sales

    Samir Sawhney
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5205336

Arizona Regional Multiple Listing Service (ARMLS)

APN: 166-11-089

Arizona Maricopa County Phoenix 85022

2014 E Sweetwater Ave, Phoenix, AZ

This home is located at 2014 E Sweetwater Ave, Phoenix, AZ 85022 since 29 November 2014 and is currently estimated at $730,000, approximately $52 per square foot. This property was built in 2010. 2014 E Sweetwater Ave is a home located in Maricopa County with nearby schools including Hidden Hills Elementary School, Shea Middle School, and Shadow Mountain High School.

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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