Seller's Agent in 2024
Colt Siler
Orion Investment Real Estate
(480) 355-2222
1 in this area
14 Total Sales
2015 E Eugie Terrace Phoenix, AZ 85022
Paradise Valley Village Neighborhood
14
Beds
7
Baths
728
Sq Ft
1985
Built
Highlights
- Central Air
- Vinyl Flooring
- Heating Available
About This Home
As of November 2024Discover the exceptional investment potential of 2015 E Eugie Terrace, a meticulously maintained multifamily property in North Phoenix. This offering includes a main 6plex constructed in 1985 and a separate single family residence dating back to 1960, all under the care of the current owners for over two decades. Property Features: Unit Mix: Consists of six spacious 2-bedroom, 1-bathroom units averaging over 700 square feet each, alongside a single family residence. Stability and Maintenance: Enjoyed trouble-free operations with a history of long-term tenants and continuous upkeep. Value Enhancement: Potential for rent increases to market rates through an interior renovation program, leveraging recent updates to units.
Last Agent to Sell the Property
Orion Investment Real Estate License #SA691810000 Listed on: 06/27/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,862
Year Built
- Built in 1985
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
Flooring
- Vinyl Flooring
Parking
- 12 Open Parking Spaces
- 12 Parking Spaces
- Paved Parking
- On-Street Parking
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- The owner pays for electricity, trash collection, water, sewer, landscaping
- Tax Lot 11
- Assessor Parcel Number 166-10-056-A
Community Details
Overview
- 2 Buildings
- 7 Units
- Building Dimensions are Normal
- Sun & Sand Blk 1 3 Subdivision
Building Details
- Operating Expense $1,862
- Gross Income $99,546
- Net Operating Income $75,226
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/08/2024 11/08/24 | Sold | $980,000 | -15.2% | $1,346 / Sq Ft |
| 10/31/2024 10/31/24 | Price Changed | $1,155,000 | 0.0% | $1,587 / Sq Ft |
| 10/31/2024 10/31/24 | For Sale | $1,155,000 | 0.0% | $1,587 / Sq Ft |
| 07/31/2024 07/31/24 | Price Changed | $1,155,000 | -5.7% | $1,587 / Sq Ft |
| 06/27/2024 06/27/24 | For Sale | $1,225,000 | -- | $1,683 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,953 | $19,109 | -- | -- |
| 2024 | $1,862 | $18,199 | -- | -- |
| 2023 | $1,862 | $94,610 | $18,920 | $75,690 |
| 2022 | $1,844 | $56,910 | $11,380 | $45,530 |
| 2021 | $1,849 | $51,880 | $10,370 | $41,510 |
| 2020 | $1,792 | $44,680 | $8,930 | $35,750 |
| 2019 | $1,794 | $37,120 | $7,420 | $29,700 |
| 2018 | $1,735 | $34,030 | $6,800 | $27,230 |
| 2017 | $1,663 | $30,170 | $6,030 | $24,140 |
| 2016 | $1,636 | $25,980 | $5,190 | $20,790 |
Source: Public Records
Agents Affiliated with this Home
-
Colt Siler
-
Garrett Hemeyer
Seller Co-Listing Agent in 2024
Garrett Hemeyer
Orion Investment Real Estate
(480) 848-3168
1 in this area
18 Total Sales
-
Jackson Everhart
Buyer's Agent in 2024
Jackson Everhart
Orion Investment Real Estate
(480) 634-6934
3 in this area
28 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6724663
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.
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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