NOT LISTED FOR SALE

2032 W Cactus Rd Phoenix, AZ 85029

North Mountain Village Neighborhood

Estimated Value: $540,000 - $568,000

-- Bed
-- Bath
3,600 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $275,000 $76 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,149/month

11 Days on Market

Highlights

  • Cooling Available
  • Thunderbird High School Rated A-
  • Individual Controls for Heating

About This Home

As of May 2018

This is a wonderful opportunity for various kinds of investors. This 4 plex provides strong cash flow, operational stability, rental rate upside potential, and value-add components. This 4 plex runs very smoothly and the tenancy has been professionally placed and managed.

Last Agent to Sell the Property

Zack Mishkin

Orion Investment Real Estate License #SA566430000 Listed on: 04/25/2018

Last Buyer's Agent

Gibram Napoles

Realty ONE Group License #SA572372000

Realty ONE Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1963

Lot Details

  • 9,583

Home Design

  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 149-04-022

Community Details

Overview

  • 4 Units
  • Building Dimensions are 94X102

Building Details

  • Operating Expense $1,539
  • Net Operating Income $18,403

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,539

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 19th Avenue & Cactus Road
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2016
  • Directions: From 19th Avenue, head West. Garden Villas is on the North side of the Street.
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • 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:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 94X102
  • Additional Parcels: No
  • Parcel #: 149-04-022

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Property Net Operating Income: 18402.98
  • Annual Operating Expense: 1538.76

Tax Info

  • Tax Annual Amount: 1538.76
  • Tax Book Number: 149.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2024
Sold by
Galindo Diana Alejandra Arana
Bought by
Timon Properties Llc
Current Estimated Value
$555,427

Purchase Details

Closed on
Mar 3, 2022
Sold by
Arana Lozano Arturo
Bought by
Galindo Diana Alejandra Ar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2018
Closed on
May 29, 2018
Sold by
Cactus Road Apartments Llc
Bought by
Lozano Arturo Arana
Seller's Agent
Zack Mishkin
Orion Investment Real Estate
Buyer's Agent
Gibram Napoles
Realty ONE Group
List Price
$269,900
Sold Price
$275,000
Premium/Discount to List
$5,100
1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$191,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2014
Sold by
Sands Mark and Sands Candace Chan
Bought by
Cactus Road Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2013
Sold by
Woolford Brian and Woolford Victoria
Bought by
Sands Mark and Sands Candace Chan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2009
Sold by
Yun Anthony T
Bought by
Woolford Brian and Woolford Victoria

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
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Elkhorn Properties Llc
Bought by
Yun Anthony T

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
6.57%
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
6.75%
Mortgage Type
New Conventional

Purchase Details

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

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
4.75%
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
$191,025
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2003
Sold by
Mee Warren H
Bought by
Ameetec Systems Llc

Purchase Details

Closed on
Oct 19, 2001
Sold by
Flores Jeffrey R and Flores Kathleen D
Bought by
Mee Warren H

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%
Source: Public Records

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
Timon Properties Llc -- None Listed On Document
Galindo Diana Alejandra Ar $600,000 American Title Services
Galindo Diana Alejandra Ar $600,000 American Title Services
Lozano Arturo Arana $275,000 Great American Title Agency
Cactus Road Apartments Llc -- None Available
Sands Mark $165,000 Security Title Agency
Woolford Brian $105,000 Chicago Title
Yun Anthony T $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 $265,000 Capital Title Agency Inc
Kliegl Jerald J $212,250 Capital Title Agency Inc
Ameetec Systems Llc -- Capital Title Agency Inc
Mee Warren H $186,000 Stewart Title & Trust Phoeni
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galindo Diana Alejandra Ar $506,250
Previous Owner Galindo Diana Alejandra Ar $506,250
Previous Owner Lozano Arturo Arana $191,250
Previous Owner Sands Mark $115,000
Previous Owner Woolford Brian $78,750
Previous Owner Yun Anthony T $37,950
Previous Owner Yun Anthony T $303,000
Previous Owner Gonzalez Marco Anthony $256,000
Previous Owner Davi Gary S $185,500
Previous Owner Davi Gary S $53,000
Previous Owner Davi Gary $185,500
Previous Owner Kliegl Jerald J $191,025
Previous Owner Mee Warren H $148,800
Closed Davi Gary $53,000
Closed Gonzalez Marco Anthony $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $275,000 +1.9% $76 / Sq Ft
05/06/2018 05/06/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $269,900 -- $75 / 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

  • Zack Mishkin

    Seller's Agent in 2018

    Zack Mishkin

    Orion Investment Real Estate

    (602) 363-6363

    1 in this area

    3 Total Sales

    Zack Mishkin
    Section Image
  • Gibram Napoles

    Buyer's Agent in 2018

    Gibram Napoles

    Realty One Group

    (623) 418-4551

    20 Total Sales

    Gibram Napoles
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5756681

Arizona Regional Multiple Listing Service (ARMLS)

APN: 149-04-022

Arizona Maricopa County Phoenix 85029 North Mountain Village

2032 W Cactus Rd, Phoenix, AZ

This home is located at 2032 W Cactus Rd, Phoenix, AZ 85029 since 25 April 2018 and is currently estimated at $555,427, approximately $154 per square foot. This property was built in 1963. 2032 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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