Seller's Agent in 2023
Jeffery Chesleigh
HomeSmart
(480) 399-3480
3 in this area
95 Total Sales
2020 W Cactus Rd Phoenix, AZ 85029
North Mountain Village NeighborhoodEstimated Value: $501,000 - $671,392
Studio
--
Bath
3,600
Sq Ft
$162/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heat Pump System
- Thunderbird High School Rated A-
About This Home
As of November 2023A rare find in this market. Great 4 unit property all with 2 bedrooms and 1 bathroom. Extensively remodeled in 2020 with new flooring, new kitchen cabinets and appliances, new vanities, tubs and toilets popcorn ceilings have been removed. This four plex is part of a 48 unit complex of 12 individually owner 4 plex buildings. Units C and D have private small fenced yards. Roof was new in 2018 and unit B and C had new AC units installed in 2019. 100% occupied at below market rates. All tenants are month to month so rents can be raised. Market rents indicate a $1250-$1350 per month rate is possible., making the CAP rate a terrific 7%+. Community laundry. NO HOA! For owner occupants there is a fully ASSUMABLE FHA loan with a fixed rate of 2.99%!
Last Agent to Sell the Property
HomeSmart License #SA014098000 Listed on: 09/07/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,668
Year Built
- Built in 1963
Lot Details
- 9,583
Home Design
- Built-Up Roof
- Block Exterior
Flooring
- Ceramic Tile Flooring
Parking
- 1 Open Parking Space
- 1 Parking Space
Schools
- Shaw Butte Elementary School
- Washington Elementary School - Phoenix Middle School
- Glendale High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Assessor Parcel Number 149-04-016
Community Details
Overview
- 4 Units
- Building Dimensions are Unlnown
- Garden Villas Subdivision
Building Details
- Operating Expense $9,394
- Gross Income $41,400
- Net Operating Income $32,006
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2023
Closed on
Oct 11, 2023
Sold by
Bought by
Seller's Agent
Jeffery Chesleigh
HomeSmart
Buyer's Agent
Max Patton
Realty ONE Group
List Price
$699,500
Sold Price
$665,000
Premium/Discount to List
-$34,500
-4.93%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,152
Avg. Annual Appreciation
-4.74%
Original Mortgage
$631,750
Interest Rate
0.0757%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 20, 2020
Closed on
Dec 22, 2020
Sold by
Bought by
Seller's Agent
Lisa Miguel
West USA Realty
Buyer's Agent
Jeffery Chesleigh
HomeSmart
List Price
$480,000
Sold Price
$485,000
Premium/Discount to List
$5,000
1.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Original Mortgage
$435,215
Interest Rate
0.026%
Mortgage Type
FHA
Purchase Details
Listed on
Sep 8, 2017
Closed on
Mar 30, 2018
Sold by
Bought by
Seller's Agent
Jake Allen
Tradelands Realty
Buyer's Agent
Lisa Miguel
West USA Realty
List Price
$267,700
Sold Price
$257,700
Premium/Discount to List
-$10,000
-3.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.29%
Original Mortgage
$193,016
Interest Rate
0.0399%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 8, 2017
Closed on
Feb 5, 2018
Sold by
Bought by
Seller's Agent
Jake Allen
Tradelands Realty
Buyer's Agent
Lisa Miguel
West USA Realty
List Price
$267,700
Sold Price
$257,700
Premium/Discount to List
-$10,000
-3.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,016
Interest Rate
0.0399%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 12, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,100
Interest Rate
0.0449%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 22, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
0.0537%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 10, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
0.0537%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 2, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,900
Interest Rate
0.075%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 23, 2006
Sold by
Bought by
Purchase Details
Closed on
May 13, 2005
Sold by
Bought by
Purchase Details
Closed on
Feb 21, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
0.0575%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 17, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
0.0537%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,637
Interest Rate
0.0737%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 19, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
0.0687%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $665,000 | Empire Title Agency | ||
| $462,000 | Driggs Title Agency | ||
| -- | None Available | ||
| $257,354 | Chicago Title Agency Inc | ||
| -- | First Arizona Title Agency | ||
| -- | Chicago Title | ||
| $105,000 | Chicago Title | ||
| $379,900 | Capital Title Agency Inc | ||
| -- | Capital Title Agency Inc | ||
| -- | -- | ||
| $320,000 | Capital Title Agency Inc | ||
| -- | Capital Title Agency Inc | ||
| $265,000 | Capital Title Agency Inc | ||
| $212,250 | Capital Title Agency Inc | ||
| -- | Stewart Title & Trust Phoeni | ||
| $186,000 | Stewart Title & Trust Phoeni |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $631,750 | ||
| Previous Owner | $435,215 | ||
| Previous Owner | $193,016 | ||
| Previous Owner | $117,000 | ||
| Previous Owner | $100,100 | ||
| Previous Owner | $78,750 | ||
| Previous Owner | $303,900 | ||
| Previous Owner | $224,000 | ||
| Previous Owner | $64,000 | ||
| Previous Owner | $185,500 | ||
| Previous Owner | $201,637 | ||
| Previous Owner | $148,800 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/28/2023 11/28/23 | Sold | $665,000 | -4.9% | $185 / Sq Ft | |
| 10/03/2023 10/03/23 | Pending | -- | -- | -- | |
| 09/07/2023 09/07/23 | For Sale | $699,500 | +44.2% | $194 / Sq Ft | |
| 02/16/2021 02/16/21 | Sold | $485,000 | +1.0% | $135 / Sq Ft | View Prior Sale |
| 02/11/2021 02/11/21 | For Sale | $480,000 | 0.0% | $133 / Sq Ft | |
| 02/11/2021 02/11/21 | Price Changed | $480,000 | 0.0% | $133 / Sq Ft | |
| 12/04/2020 12/04/20 | Price Changed | $480,000 | -3.8% | $133 / Sq Ft | |
| 10/20/2020 10/20/20 | For Sale | $499,000 | +93.6% | $139 / Sq Ft | |
| 02/08/2018 02/08/18 | Sold | $257,700 | -3.7% | $72 / Sq Ft | View Prior Sale |
| 12/05/2017 12/05/17 | Price Changed | $267,700 | 0.0% | $74 / Sq Ft | |
| 10/30/2017 10/30/17 | Pending | -- | -- | -- | |
| 09/08/2017 09/08/17 | For Sale | $267,700 | -- | $74 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,825 | $14,363 | ||
| 2024 | $1,725 | $13,679 | ||
| 2023 | $1,725 | $38,310 | $7,660 | $30,650 |
| 2022 | $1,668 | $26,460 | $5,290 | $21,170 |
| 2021 | $1,690 | $24,810 | $4,960 | $19,850 |
| 2020 | $1,648 | $22,810 | $4,560 | $18,250 |
| 2019 | $1,618 | $19,930 | $3,980 | $15,950 |
| 2018 | $1,575 | $16,300 | $3,260 | $13,040 |
| 2017 | $1,567 | $15,270 | $3,050 | $12,220 |
| 2016 | $1,539 | $14,760 | $2,950 | $11,810 |
| 2015 | $1,425 | $14,450 | $2,890 | $11,560 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffery Chesleigh
-
Max Patton
Buyer's Agent in 2023
Max Patton
Realty One Group
(480) 703-6953
1 in this area
41 Total Sales
-
Lisa Miguel
Seller's Agent in 2021
Lisa Miguel
West USA Realty
(480) 444-6058
2 in this area
122 Total Sales
-
Jake Allen
J
Seller's Agent in 2018
Jake Allen
Tradelands Realty
(480) 610-6833
42 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6601899
APN: 149-04-016
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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