NOT LISTED FOR SALE

2015 E Eugie Terrace Phoenix, AZ 85022

Paradise Valley Village Neighborhood
14 Beds
7 Baths
728 Sq Ft
1985 Built

Last Sold November 08, 2024

Last sale price $980,000 $1,346 Per Sq Ft

117 Days on Market

Highlights

  • Central Air
  • Vinyl Flooring
  • Heating Available

About This Home

As of November 2024

Discover 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

Colt Siler

Orion Investment Real Estate License #SA691810000 Listed on: 06/27/2024

Co-Listed By

Garrett Hemeyer

Orion Investment Real Estate License #SA684184000

Last Buyer's Agent

Jackson Everhart

Orion Investment Real Estate License #SA689433000

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,862

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2023
  • Road Surface Type: Dedicated Street
  • Co List Office Mls Id: mlso106
  • Co List Office Phone: 480-634-6934
  • Subdivision Name: SUN & SAND BLK 1-3
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • 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

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: Normal
  • Additional Parcels: No
  • Parcel #: 166-10-056-A

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: None
  • Number Of Units Total: 7
  • Annual Gross Income: 99546.0
  • Property Net Operating Income: 75226.0
  • Annual Operating Expense: 1862.0
  • Vacancy Allowance Rate: 0.06

Tax Info

  • Tax Annual Amount: 1862.0
  • Tax Book Number: 166.00
  • Tax Lot: 11

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Colt Siler

    Seller's Agent in 2024

    Colt Siler

    Orion Investment Real Estate

    (480) 355-2222

    1 in this area

    14 Total Sales

    Colt Siler
    Section Image
  • Garrett Hemeyer

    Seller Co-Listing Agent in 2024

    Garrett Hemeyer

    Orion Investment Real Estate

    (480) 848-3168

    1 in this area

    18 Total Sales

    Garrett Hemeyer
    Section Image
  • Jackson Everhart

    Buyer's Agent in 2024

    Jackson Everhart

    Orion Investment Real Estate

    (480) 634-6934

    3 in this area

    27 Total Sales

    Jackson Everhart
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6724663

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85022 Paradise Valley Village

2015 E Eugie Terrace, 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

Nearby Homes