NOT LISTED FOR SALE

2026 W Cactus Rd Phoenix, AZ 85029

North Mountain Village Neighborhood

Estimated Value: $496,079 - $557,000

5 Beds
-- Bath
3,600 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $250,000 $69 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,099/month

45 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Thunderbird High School Rated A-

About This Home

As of April 2017

Here’s a fantastic investment opportunity! Four units in Garden Villas with NO HOA! This property also features extra storage that no other lot in Garden Villas has with many options to increase your income! All 2 bedroom units constructed of block! Rear units have private yards which attracts tenants with small pets! Rents have upside! The facts and figures were believed to be accurate, but buyer to verify all items during the due diligence period

Last Listed By

Lois Kaipainen

Income Property Shop License #SA567276000 Listed on: 01/23/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1963

Lot Details

  • 9,583

Home Design

  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 149-04-019

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are irr

Building Details

  • Operating Expense $7,846
  • Gross Income $25,920
  • Net Operating Income $18,626

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,539

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Cactus/19th Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2016
  • Directions: West on Cactus to Garden Villas Complex on North side of Road. Building is in the NEC of the complex.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: solu01
  • Co List Office Phone: 480-838-9613
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, 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, Block
  • Roof: Built-Up, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Heat Pump, Electric
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2268.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 149-04-019

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 25920.0
  • Insurance Expense: 1539.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 18626.0
  • Annual Operating Expense: 7846.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1539.0
  • Tax Book Number: 149.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Apr 25, 2017
Sold by
Kruse David and Kruse Stacy
Bought by
Remaklus Kinsey J
Seller's Agent
Lois Kaipainen
Income Property Shop
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$279,000
Sold Price
$250,000
Premium/Discount to List
-$29,000
-10.39%
Total Days on Market
45
Current Estimated Value
$532,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,770
Avg. Annual Appreciation
9.87%
Original Mortgage
$187,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2009
Sold by
Friend Sandi
Bought by
Kruse David and Kruse Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2006
Sold by
Elkhorn Properties Llc
Bought by
Friend Sandi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,950
Interest Rate
6.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 13, 2005
Sold by
Gonzalez Marco Anthony and Jonas John J
Bought by
Elkhorn Properties Llc

Purchase Details

Closed on
Feb 21, 2005
Sold by
Jonas Elizabeth Duarte
Bought by
Jonas John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2004
Sold by
Kliegl Jerald J and Kliegl Yachodara
Bought by
Davi Gary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2004
Sold by
Ameetec Systems Llc
Bought by
Kliegl Jerald J and Kliegl Yachodara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,800
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2001
Sold by
Flores Jeffrey R and Flores Kathleen D
Bought by
Mee John M and Mee Grace W

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
6.87%
Mortgage Type
New Conventional

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
Remaklus Kinsey J $250,000 Chicago Title Agency Inc
Kruse David $108,000 Chicago Title
Friend Sandi $379,900 Capital Title Agency Inc
Elkhorn Properties Llc -- --
Jonas John J -- Capital Title Agency Inc
Gonzalez Marco Anthony -- Capital Title Agency Inc
Gonzalez Marco Anthony $320,000 Capital Title Agency Inc
Davi Gary S $265,000 Capital Title Agency Inc
Kliegl Jerald J $212,250 Capital Title Agency Inc
Mee John M $186,000 Stewart Title & Trust Phoeni
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Remaklus Kinsey $346,500
Closed Remaklus Kinsey J $187,500
Previous Owner Kruse David $81,000
Previous Owner Friend Sandi $37,950
Previous Owner Friend Sandi $303,900
Previous Owner Gonzalez Marco Anthony $256,000
Previous Owner Davi Gary S $212,000
Previous Owner Kliegl Jerald J $169,800
Previous Owner Mee John M $148,800
Closed Mee John M $33,333
Closed Kliegl Jerald J $31,838
Closed Davi Gary S $26,500
Closed Gonzalez Marco Anthony $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $250,000 -7.1% $69 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
02/08/2017 02/08/17 Price Changed $269,000 -3.6% $75 / Sq Ft
01/23/2017 01/23/17 For Sale $279,000 -- $78 / 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 $1,757 $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

  • L

    Seller's Agent in 2017

    Lois Kaipainen

    Income Property Shop

    Section Image
  • Jacqueline Sipes

    Seller Co-Listing Agent in 2017

    Jacqueline Sipes

    Income Property Shop

    Section Image
  • Rick Horst

    Buyer's Agent in 2017

    Rick Horst

    Keller Williams Arizona Realty

    (480) 767-3014

    2 in this area

    37 Total Sales

    Rick Horst
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5550653

Arizona Regional Multiple Listing Service (ARMLS)

APN: 149-04-019

Arizona Maricopa County Phoenix 85029 North Mountain Village

2026 W Cactus Rd, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 2026 W Cactus Rd, Phoenix, AZ 85029 since 23 January 2017 and is currently estimated at $532,770, approximately $147 per square foot. This property was built in 1963. 2026 W Cactus Rd is a home located in Maricopa County with nearby schools including Shaw Butte School, Mountain Sky Jr. High School, and Thunderbird High School.

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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