NOT LISTED FOR SALE

2019 W Berridge Ln Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $420,000 - $900,000

8 Beds
8 Baths
1,930 Sq Ft
$366/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $550,000 $285 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,893/month

2 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Washington High School Rated A-
  • Concrete Flooring

About This Home

As of January 2021

Turn-key Income Property! Full occupancy and under lease. 8 BEDROOM 8 BATH, Immediate access to the Valley Metro Light Rail. All units are 2 bedroom and 2 bath large units in a desirable location. The property consist of many upgrades including recently replaced roof, all HVAC units and water heaters, Kitchens in three units and baths in two units. The property is professionally managed and can be viewed by appointment.

PLEASE DO NOT DISTURB THE TENANTS.

All new LED exterior lighting.
Each unit has it's own storage unit.

Last Agent to Sell the Property

Joseph Schmitt

Arizona Platinum Realty, L.L.C. License #BR559210000 Listed on: 11/13/2020

Last Buyer's Agent

Joseph Schmitt

Arizona Platinum Realty, L.L.C. License #BR559210000 Listed on: 11/13/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,671

Year Built

  • Built in 1959

Lot Details

  • 9,278

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Concrete Flooring

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Washington Elementary School - Phoenix
  • T. Dale Hancock Elementary Middle School
  • Glendale High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water, landscaping
  • Tax Lot 23
  • Assessor Parcel Number 156-13-097

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are N/A
  • Park Maryland Amd Subdivision

Building Details

  • Operating Expense $1,671
  • Gross Income $43,425
  • Net Operating Income $30,574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,671

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 191th AVE & BETHANY HOME RD.
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 2
  • Year Built: 1959
  • Tax Year: 2020
  • Directions: One block North of Bethany Home and 21st Ave.
  • Road Surface Type: Asphalt
  • Subdivision Name: PARK MARYLAND AMD
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Attached: Yes
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Ceiling Fan(s)
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Glendale High School
  • Middle Or Junior School: T. Dale Hancock Elementary School

Lot Info

  • Lot Size: N/A
  • Additional Parcels: No
  • Parcel #: 156-13-097

Multi Family

  • Owner Pays: Water, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 43425.0
  • Property Net Operating Income: 30574.0
  • Annual Operating Expense: 1671.0

Tax Info

  • Tax Annual Amount: 1671.0
  • Tax Book Number: 156.00
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 1, 2021
Sold by
Ward Atron and Ward Carol
Bought by
Rabadi Laith and Rabadi Esmeralda
Seller's Agent
Joseph Schmitt
Arizona Platinum Realty, L.L.C.
Buyer's Agent
Joseph Schmitt
Arizona Platinum Realty, L.L.C.
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%
Current Estimated Value
$705,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,447
Avg. Annual Appreciation
4.71%
Original Mortgage
$412,500
Outstanding Balance
$372,289
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$311,358

Purchase Details

Listed on
Feb 5, 2016
Closed on
Apr 19, 2016
Sold by
Anghel Viorel and Anghel Nicoleta E
Bought by
Ward Atron and Ward Carol
Seller's Agent
Nicoleta Anghel
Nicoleta Emanuela Anghel
Buyer's Agent
John Reed
Copper Sun Real Estate, LLC
List Price
$275,000
Sold Price
$281,000
Premium/Discount to List
$6,000
2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.26%
Original Mortgage
$210,750
Interest Rate
3.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 16, 2015
Sold by
Cohut Aron
Bought by
Anghel Viorel and Anghel Nicoleta E

Purchase Details

Closed on
Apr 20, 2011
Sold by
Cohut Elisabeta
Bought by
Cohut Aron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,084
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2011
Sold by
Amico Vincent
Bought by
Cohut Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,084
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2004
Sold by
Blanton Cathy
Bought by
Amico Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
4.66%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 22, 2003
Sold by
Dutton Deidre
Bought by
Blanton Charles D and Blanton Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2002
Sold by
Doris J Pierson Family Trust
Bought by
Dutton Deidre

Purchase Details

Closed on
Jan 6, 2001
Sold by
Pierson Doris J
Bought by
Doris J Pierson Family Trust
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
Rabadi Laith $550,000 Equity Title Agency Inc
Ward Atron $281,000 Chicago Title Agency Inc
Anghel Viorel -- None Available
Cohut Aron -- Fidelity National Title Insu
Cohut Aaron $115,000 Fidelity National Title Insu
Amico Vincent $305,000 Arizona Title Agency Inc
Blanton Charles D $220,000 Equity Title Agency Inc
Dutton Deidre -- --
Doris J Pierson Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabadi Laith $412,500
Previous Owner Ward Atron $210,750
Previous Owner Cohut Aron $112,084
Previous Owner Amico Vincent $213,500
Previous Owner Blanton Charles D $176,000
Closed Blanton Charles D $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $550,000 -2.7% $285 / Sq Ft
12/11/2020 12/11/20 Price Changed $565,000 0.0% $293 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $565,000 +101.1% $293 / Sq Ft
04/14/2016 04/14/16 Sold $281,000 +2.2% $146 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $275,000 -- $142 / 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 $1,836 $15,013 -- --
2024 $1,803 $14,298 -- --
2023 $1,803 $56,820 $11,360 $45,460
2022 $1,688 $37,610 $7,520 $30,090
2021 $1,715 $31,880 $6,370 $25,510
2020 $1,671 $27,000 $5,400 $21,600
2019 $1,641 $22,720 $4,540 $18,180
2018 $1,597 $20,580 $4,110 $16,470
2017 $1,590 $20,610 $4,120 $16,490
2016 $1,561 $16,300 $3,260 $13,040
2015 $1,446 $13,450 $2,690 $10,760
Source: Public Records

Agents Affiliated with this Home

  • Joseph Schmitt

    Seller's Agent in 2021

    Joseph Schmitt

    Arizona Platinum Realty, L.L.C.

    (480) 656-0288

    1 in this area

    2 Total Sales

    Joseph Schmitt
    Section Image

  • N

    Seller's Agent in 2016

    Nicoleta Anghel

    Nicoleta Emanuela Anghel

    Section Image

  • J

    Buyer's Agent in 2016

    John Reed

    Copper Sun Real Estate, LLC

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6160384

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-13-097

Arizona Maricopa County Phoenix 85015 Alhambra

2019 W Berridge Ln, Phoenix, AZ

This home is located at 2019 W Berridge Ln, Phoenix, AZ 85015 since 13 November 2020 and is currently estimated at $705,447, approximately $365 per square foot. This property was built in 1959. 2019 W Berridge Ln is a home located in Maricopa County with nearby schools including Maryland Elementary School, Washington High School, and Pensar 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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