NOT LISTED FOR SALE

2014 N 49th St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $747,000 - $862,000

-- Bed
-- Bath
2,690 Sq Ft
$295/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $249,000 $93 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $4,336/month

18 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of August 2016

4 UNITS,RARE INVESTMENT PROPERTY VERY GOOD CONDITION .ALL UNITS HAVE BEEN REHABED BY OWNER FOR THE LAST 12 YEARS.3 ONE BEDROOM UNITS AND ONE 2 BEDROOM. CLOSE TO SCOTTSDaLE,SKY HARBOR AIRPORT,ALWAYS RENTED. MUST BE SOLD WITH AN IDENTICAL 4 PLEX RIGHT NEXT DOOR #2020. RENTS ARE BEING RAISED TO $525 FOR ONE BEDROOM AND $625 FOR 2 BEDROOM AS A NEW TENANT COMES IN.

Last Agent to Sell the Property

Robert F. McDermott

Coldwell Banker Realty License #SA031834000 Listed on: 05/31/2016

Coldwell Banker Realty

Last Buyer's Agent

Swapnadeep Nath

HN Management License #BR657689000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1961

Lot Details

  • 0.27

Home Design

  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Parking

  • 1 Open Parking Space
  • 5 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking

Schools

  • Phoenix Union Bioscience High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity, water
  • Tax Lot 2
  • Assessor Parcel Number 126-18-022

Community Details

Overview

  • 4 Units
  • Building Dimensions are 11,787
  • Holly Gardens Subdivision

Building Details

  • Operating Expense $7,019
  • Gross Income $27,980
  • Net Operating Income $23,846

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,355

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 48th st & MCDOWELL
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2015
  • Directions: TAKE 48TH ST N TO HOLLY TURN RIGHT AND ANOTHER QUICK RIGHT ON 49 ST. PROPERtY ON THE RIGH.
  • Road Surface Type: Asphalt
  • Subdivision Name: HOLLY GARDENS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: <1 Space Per Unit, Street Parking, 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:Street Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 959.48
  • Annual Water Sewer Expense: 2356.59

Schools

  • High School: Phoenix Union Bioscience High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 11,787
  • Additional Parcels: No
  • Parcel #: 126-18-022

Multi Family

  • Owner Pays: None
  • Tenant Pays: Gas, Electricity, Water
  • Number Of Units Total: 4
  • Electric Expense: 989.48
  • Annual Gross Income: 27980.16
  • Insurance Expense: 682.0
  • Maintenance Expense: 676.8
  • Property Net Operating Income: 23845.53
  • Annual Operating Expense: 7019.35
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1355.0
  • Tax Book Number: 126.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2021
Sold by
Mec Arizona Llc
Bought by
Trommald Heather and The Heather Trommald Living Tr
Current Estimated Value
$794,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Outstanding Balance
$116,592
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$677,408

Purchase Details

Listed on
May 31, 2016
Closed on
Aug 2, 2016
Sold by
Monson Marc
Bought by
Mec Arizona Llc
Seller's Agent
Robert F. McDermott
Coldwell Banker Realty
Buyer's Agent
Swapnadeep Nath
HN Management
List Price
$249,900
Sold Price
$249,000
Premium/Discount to List
-$900
-0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%

Purchase Details

Closed on
Oct 17, 2013
Sold by
Maplewood Llc
Bought by
Monson Marc

Purchase Details

Closed on
Jun 1, 2004
Sold by
Monson Marc S
Bought by
Maplewood Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2004
Sold by
Callis D Michael and Callis Marsha L
Bought by
Monson Marc S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2002
Sold by
Franklin Denise
Bought by
Callis D Michael and Callis Marsha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2001
Sold by
Murad Denise
Bought by
Franklin Denise and Murad Denise

Purchase Details

Closed on
May 3, 2001
Sold by
Franklin Brian T
Bought by
Franklin Denise

Purchase Details

Closed on
Jun 24, 1996
Sold by
Mitchell Gears Keith E G and Mitchell Gears Carol L
Bought by
Mitchell Gears Keith E G and Mitchell Gears Carol L

Purchase Details

Closed on
Mar 10, 1995
Sold by
Sather Donald and Sather Esther
Bought by
Arutian Arthur H and Arutian Mary I
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
Trommald Heather $1,286,667 Chicago Title Agency Inc
Mec Arizona Llc $488,000 Security Title Agency Inc
Monson Marc -- None Available
Maplewood Capital Llc -- Capital One Title Co
Monson Marc S $243,000 Capital Title Agency Inc
Callis D Michael $150,000 Capital Title Agency Inc
Franklin Denise -- Land Title Agency
Franklin Denise -- Land Title Agency
Mitchell Gears Keith E G -- --
Arutian Arthur H -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trommald Heather $730,000
Previous Owner Mec Arizona Llc $234,500
Previous Owner Monson Marc S $190,400
Previous Owner Callis D Michael $16,000
Previous Owner Callis D Michael $128,000
Closed Monson Marc S $35,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $249,000 -0.4% $93 / Sq Ft
05/31/2016 05/31/16 For Sale $249,900 -- $93 / 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 $1,721 $14,328 -- --
2024 $1,704 $13,646 -- --
2023 $1,704 $54,370 $10,870 $43,500
2022 $1,643 $42,400 $8,480 $33,920
2021 $1,671 $37,360 $7,470 $29,890
2020 $1,640 $32,020 $6,400 $25,620
2019 $1,633 $26,900 $5,380 $21,520
2018 $1,539 $22,480 $4,490 $17,990
2017 $1,474 $19,870 $3,970 $15,900
2016 $1,442 $16,730 $3,340 $13,390
2015 $1,353 $12,430 $2,480 $9,950
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert F. McDermott

    Coldwell Banker Realty

    Section Image

  • S

    Buyer's Agent in 2016

    Swapnadeep Nath

    HN Management

    (602) 448-9110

    7 Total Sales

    Swapnadeep Nath
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5450165

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-18-022

Arizona Maricopa County Phoenix 85008 Camelback East Village

2014 N 49th St, Phoenix, AZ

This home is located at 2014 N 49th St, Phoenix, AZ 85008 since 31 May 2016 and is currently estimated at $794,000, approximately $295 per square foot. This property was built in 1961. 2014 N 49th 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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