NOT LISTED FOR SALE

2023 W Berridge Ln Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $577,231 - $832,000

-- Bed
-- Bath
2,697 Sq Ft
$260/Sq Ft Est. Value

Last Sold September 21, 2016

Last sale price $270,000 $100 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $4,033/month

12 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available
  • Washington High School Rated A-

About This Home

As of September 2016

See documents tab for financials.

ARA is pleased to announce the availability of Berridge 8, an eight unit pride of ownership community located in a gr eat Central Phoenix neighborhood.
Berridge 8 is a single story community built in 1962 of block construction with pitched roofs and is individually metered for electricity. The property features mature trees along with mature green landscaping and the property has no pool resulting in minimal expenses for ownership. The property has carports and a laundry facility for resident convenience. Current ownership has owned the property for 15+ years and has made significant capital improvements including a majority of new Trane A/C units and a new roof. Berridge 8 benefits greatly from being around the corner from both the newly constructed Valley Metro Light Rail's main station and the Christown Spectrum
Mall. This regional Mall has 1.1 million square feet of retail with over 50 stores including Target, JCPenney, Costco, WalMart Supercenter and a 14 screen Harkins
Theatre. These drivers provide residents with a tremendous amount of employment, shopping, entertainment venues, and transportation all within a 3 minute walk of the community.

Berridge 8 offers an investor the opportunity to purchase a turn-key pride of ownership community located in a great Central Phoenix neighborhood near the light rail.

Last Listed By

Bradley Goff

Newmark Multifamily License #BR041106000 Listed on: 06/10/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,386

Year Built

  • Built in 1962

Lot Details

  • 9,235

Home Design

  • Block Exterior

Parking

  • 6 Open Parking Spaces
  • 14 Parking Spaces
  • 8 Covered Spaces
  • Common or Shared Parking
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Concrete Flooring
  • Additional Parcels

Community Details

  • 2 Buildings
  • 8 Units
  • Building Dimensions are 0.42 Acreas
  • Park Maryland Amd Subdivision

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 22
  • Assessor Parcel Number 156-13-096-c

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,386

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 19th Avenue and Bethany Home
  • Property Type: Multiple Dwellings
  • Zoning: M-H R-4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2015
  • Directions: Property is located on West Berridge Lane between 21st and 19th Avenue on the south side of the road.
  • Road Surface Type: Asphalt
  • Subdivision Name: PARK MARYLAND AMD
  • Tax Parcel Letter: c
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Paved Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 14.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 0.42 Acreas
  • Additional Parcels: Yes
  • Parcel #: 156-13-096-c

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 2386.0
  • Tax Book Number: 156.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2016
Closed on
Sep 15, 2016
Sold by
Gundle Ruth E and Barrington Judith M
Bought by
Berridge Apts Az Lp
Seller's Agent
Bradley Goff
Newmark Multifamily
Buyer's Agent
Bradley Goff
Newmark Multifamily
List Price
$560,000
Sold Price
$270,000
Premium/Discount to List
-$290,000
-51.79%
Total Days on Market
12
Current Estimated Value
$701,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,808
Avg. Annual Appreciation
11.69%

Purchase Details

Closed on
Nov 1, 1999
Sold by
Lewis Raymond Robert and Lewis Shari
Bought by
Lewis Raymond Robert and Lewis Shari

Purchase Details

Closed on
Oct 26, 1999
Sold by
Lewis Raymond Robert and Lewis Shari
Bought by
Lewis Raymond Robert and Lewis Shari

Purchase Details

Closed on
Mar 10, 1998
Sold by
Lewis Raymond Robert
Bought by
The Lewis Family Living Trust

Purchase Details

Closed on
May 31, 1994
Sold by
Lewis Anne M
Bought by
Lewis Ray R

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
Berridge Apts Az Lp $270,000 Chicago Title Insurance Co
Lewis Raymond Robert -- --
Lewis Raymond Robert -- --
The Lewis Family Living Trust -- --
Lewis Ray R -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berridge Apts Az L P $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2016 09/21/16 Sold $270,000 -51.8% $100 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $560,000 -- $208 / 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 $1,471 $12,028 -- --
2024 $1,444 $11,455 -- --
2023 $1,444 $45,300 $9,060 $36,240
2022 $1,397 $29,830 $5,960 $23,870
2021 $1,415 $25,680 $5,130 $20,550
2020 $1,380 $21,810 $4,360 $17,450
2019 $1,355 $18,030 $3,600 $14,430
2018 $1,319 $16,270 $3,250 $13,020
2017 $1,313 $16,430 $3,280 $13,150
2016 $1,289 $12,980 $2,590 $10,390
2015 $1,193 $10,560 $2,110 $8,450
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bradley Goff

    Newmark Multifamily

    (602) 252-4232

    1 Total Sale

    Bradley Goff
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5455550

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-13-096C

Arizona Maricopa County Phoenix 85015 Alhambra

2023 W Berridge Ln, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 2023 W Berridge Ln, Phoenix, AZ 85015 since 10 June 2016 and is currently estimated at $701,808, approximately $260 per square foot. This property was built in 1962. 2023 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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