NOT LISTED FOR SALE

2020 N 26th Place Phoenix, AZ 85008

Central City Neighborhood

Estimated Value: $324,000 - $509,000

-- Bed
3 Baths
2,435 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $191,000 $78 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,311/month

7 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of July 2018

Investor opportunity, Location! Location! Location! Centraly Located!. This is a fully rented cash cow!!! Investment Opportunity!! 3 Homes on one large lot. Two 2 bed 1 bath homes and One 3 bed 1 bath homes. All homes are currently rented with a steady flow of income for a new buyer to take over. Over 10% cap. Separate Gas and Electric meters on each unit. All facts and figures are approximate buyer verify MLS info. Drive by only. Each unit has separate meters

Last Agent to Sell the Property

Monica Coker

HomeSmart License #SA641419000 Listed on: 05/29/2018

HomeSmart

Last Buyer's Agent

Dave Fernandez

DeLex Realty License #BR043628000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,255

Year Built

  • Built in 1945

Lot Details

  • 0.3

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Monte Vista Elementary School
  • Camelback High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 120-30-034-A

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 251 ft X 50 ft
  • Sunset Acres Subdivision

Building Details

  • Operating Expense $5,690
  • Gross Income $22,800
  • Net Operating Income $16,578

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,255

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: 24th St and McDowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1945
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Subdivision Name: SUNSET ACRES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling, Window/Wall Unit
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

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

Fee Information

  • Trash Expense: 960.0
  • Annual Water Sewer Expense: 1560.0

Schools

  • Elementary School: Monte Vista Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Monte Vista Elementary School

Lot Info

  • Lot Size: 251 ft X 50 ft
  • Additional Parcels: No
  • Parcel #: 120-30-034-A

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 3
  • Annual Gross Income: 22800.0
  • Insurance Expense: 915.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 16578.0
  • Annual Operating Expense: 5690.0

Tax Info

  • Tax Annual Amount: 1255.0
  • Tax Book Number: 120.00
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2023
Sold by
Fernandez David
Bought by
Dcf/Mt Trust and Fernandez
Current Estimated Value
$417,215

Purchase Details

Closed on
Jul 13, 2019
Sold by
Terranova Maria
Bought by
Fernandez David

Purchase Details

Closed on
Jul 12, 2019
Sold by
Fernandez John A
Bought by
Fernandez John A and Fernandez David

Purchase Details

Listed on
May 29, 2018
Closed on
Jul 18, 2018
Sold by
Cohen Heather
Bought by
Fernandez John A
Seller's Agent
Monica Coker
HomeSmart
Buyer's Agent
Dave Fernandez
DeLex Realty
List Price
$180,000
Sold Price
$191,000
Premium/Discount to List
$11,000
6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$143,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2018
Closed on
Jul 16, 2018
Sold by
Rivera Jesus Jacobo
Bought by
Fernandez John A
Seller's Agent
Monica Coker
HomeSmart
Buyer's Agent
Dave Fernandez
DeLex Realty
List Price
$180,000
Sold Price
$191,000
Premium/Discount to List
$11,000
6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2015
Closed on
Oct 1, 2015
Sold by
J & G Strategic Investments Llc
Bought by
Rivera Jesus Jacobo
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Monica Coker
HomeSmart
List Price
$150,000
Sold Price
$132,000
Premium/Discount to List
-$18,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.21%
Original Mortgage
$99,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2014
Sold by
Ladouceur Brian
Bought by
J & G Strategic Investments Llc

Purchase Details

Closed on
Oct 18, 2012
Sold by
Blue Key 5 Llc
Bought by
Ladouceur Brian

Purchase Details

Closed on
Jul 18, 2012
Sold by
American Rental Properties Llc
Bought by
Blue Key 5 Llc

Purchase Details

Closed on
Nov 30, 2010
Sold by
Landouceur Brian
Bought by
American Rentalproperties Llc

Purchase Details

Closed on
Dec 15, 2009
Sold by
Hamilton Andre and Mcilhinney Shara
Bought by
Ladouceur Brian

Purchase Details

Closed on
Mar 1, 2007
Sold by
Bovee Marshall Gaylord and Bovee Carmen Rita
Bought by
Hamilton Andre and Mcilhinney Shara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,300
Interest Rate
10.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dcf/Mt Trust -- None Listed On Document
Fernandez David -- Accommodation
Fernandez John A -- Accommodation
Fernandez John A -- Driggs Title Agency Inc
Fernandez John A $191,000 Driggs Title Agency Inc
Rivera Jesus Jacobo $132,000 American Title Svc Agency Ll
J & G Strategic Investments Llc $80,000 Pioneer Title Agency Inc
Ladouceur Brian -- None Available
Blue Key 5 Llc -- None Available
American Rentalproperties Llc -- Sonoran Title Services Inc
Ladouceur Brian $55,100 Sonoran Title Services Inc
Hamilton Andre $154,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez John A $143,250
Previous Owner Rivera Jesus Jacobo $99,000
Previous Owner Hamilton Andre $146,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2018 07/18/18 Sold $191,000 +6.1% $78 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $180,000 -36.2% $74 / Sq Ft
10/06/2015 10/06/15 Sold $282,000 +113.6% $116 / Sq Ft View Prior Sale
10/06/2015 10/06/15 Sold $132,000 -12.0% $54 / Sq Ft View Prior Sale
08/13/2015 08/13/15 Pending -- -- --
08/10/2015 08/10/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $150,000 -49.8% $62 / Sq Ft
06/03/2015 06/03/15 For Sale $299,000 -- $123 / 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 $1,470 $10,882 -- --
2024 $1,398 $10,364 -- --
2023 $1,398 $30,970 $6,190 $24,780
2022 $1,343 $23,350 $4,670 $18,680
2021 $1,376 $22,000 $4,400 $17,600
2020 $1,343 $17,010 $3,400 $13,610
2019 $1,333 $13,760 $2,750 $11,010
2018 $1,306 $11,550 $2,310 $9,240
2017 $1,255 $9,630 $1,920 $7,710
2016 $1,207 $11,250 $2,250 $9,000
2015 $1,123 $9,850 $1,970 $7,880
Source: Public Records

Agents Affiliated with this Home

  • Monica Coker

    Seller's Agent in 2018

    Monica Coker

    HomeSmart

    (480) 280-9425

    1 in this area

    95 Total Sales

    Monica Coker
    Section Image
  • Dave Fernandez

    Buyer's Agent in 2018

    Dave Fernandez

    DeLex Realty

    (602) 469-7300

    74 Total Sales

    Dave Fernandez
    Section Image

  • D

    Buyer's Agent in 2018

    David Fernandez

    Elite Partners

  • Sophia Baron

    Seller's Agent in 2015

    Sophia Baron

    Grace CRE

    (480) 375-0227

    4 in this area

    79 Total Sales

    Sophia Baron
    Section Image

  • B

    Seller Co-Listing Agent in 2015

    Baylee Estrada

    Keller Williams Arizona Realty

    (480) 688-8444

    Baylee Estrada
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5773089

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-30-034A

Arizona Maricopa County Phoenix 85008 Central City

2020 N 26th Place, Phoenix, AZ

Not Listed for Sale

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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