NOT LISTED FOR SALE

2021 N 26th Place Phoenix, AZ 85008

Estimated Value: $439,000 - $558,000

-- Bed
-- Bath
1,152 Sq Ft
$431/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $57,000 $49 Per Sq Ft

Est. 750% increase in value since last sale

Current estimated payment $2,742/month

106 Days on Market

Highlights

  • Evaporated cooling system
  • Concrete Flooring
  • Heating Available
  • The Creighton Academy Rated 9+

About This Home

As of July 2014

Investor/Handyman Special ! Would make a great cash flow property, in an appreciating area. Three one bed, one bath units on a huge lot, convenient to free ways, the hospital and shopping ! Tons of parking, potential to build more units.

Last Agent to Sell the Property

Jeanleon Magnotto

Retro Real Estate License #BR636486000 Listed on: 04/03/2014

Last Buyer's Agent

Margarita Canisales

Realty ONE Group License #SA031116000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $475

Year Built

  • Built in 1950

Lot Details

  • 0.28

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Creighton Elementary School

Utilities

  • Evaporated cooling system
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer
  • Tax Lot 10
  • Assessor Parcel Number 120-30-002

Community Details

Overview

  • 3 Units
  • Building Dimensions are 12,324 SF
  • Sunset Acres Subdivision

Building Details

  • Operating Expense $475

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$475

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Mcdowell and 26th Place
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1950
  • Tax Year: 2012
  • Directions: From McDowell go North on 26th property is on the East side of the street.
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: SUNSET ACRES
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • 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
  • Parking:None30: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: None

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Elementary School: Creighton Elementary School
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 12,324 SF
  • Additional Parcels: No
  • Parcel #: 120-30-002

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 475.0

Tax Info

  • Tax Annual Amount: 475.0
  • Tax Book Number: 120.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
Jul 29, 2014
Sold by
Junbo Property Investors Llc
Bought by
Hernandez Martin B and Rodriguez Esmelda Leon
Seller's Agent
Jeanleon Magnotto
Retro Real Estate
Buyer's Agent
Margarita Canisales
Realty ONE Group
List Price
$68,000
Sold Price
$57,000
Premium/Discount to List
-$11,000
-16.18%
Current Estimated Value
$484,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,333
Avg. Annual Appreciation
20.75%

Purchase Details

Listed on
Jan 9, 2013
Closed on
Mar 26, 2013
Sold by
Federal National Mortgage Association
Bought by
Junbo Property Investors Llc
Seller's Agent
Terence Riley
KMF Real Estate LLC
Buyer's Agent
Jeanleon Magnotto
Retro Real Estate
List Price
$58,000
Sold Price
$53,000
Premium/Discount to List
-$5,000
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Dec 7, 2012
Sold by
Katich Candy M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 10, 2003
Sold by
Specialty Properties Investments Corp
Bought by
Katich Candy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
5.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 8, 2001
Sold by
Frie Karl A
Bought by
Specialty Properties Investments Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hernandez Martin B $57,000 Old Republic Title Agency
Junbo Property Investors Llc $53,000 First American Title Ins Co
Federal National Mortgage Association $81,631 None Available
Katich Candy M $120,000 Security Title Agency
Specialty Properties Investments Corp $63,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Specialty Properties Corp $25,000
Previous Owner Specialty Properties Investments Corp $12,000
Previous Owner Katich Candy M $103,500
Previous Owner Specialty Properties Investments Corp $10,000
Previous Owner Specialty Properties Investments Corp $48,000
Closed Specialty Properties Investments Corp $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $57,000 -16.2% $49 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $68,000 +28.3% $59 / Sq Ft
04/03/2013 04/03/13 Sold $53,000 -8.6% $46 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $58,000 -- $50 / 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 $803 $6,179 -- --
2024 $794 $5,885 -- --
2023 $794 $23,650 $4,730 $18,920
2022 $763 $17,260 $3,450 $13,810
2021 $781 $14,700 $2,940 $11,760
2020 $762 $12,080 $2,410 $9,670
2019 $757 $10,110 $2,020 $8,090
2018 $741 $8,220 $1,640 $6,580
2017 $713 $7,960 $1,590 $6,370
2016 $685 $6,650 $1,330 $5,320
2015 $637 $5,670 $1,130 $4,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5094987

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-30-002