NOT LISTED FOR SALE

Estimated Value: $400,389 - $512,000

3 Beds
-- Bath
1,505 Sq Ft
$314/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $425,000 $282 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,696/month

1 Day on Market

Highlights

  • RV or Boat Parking
  • Cooling Available
  • Heating Available
  • Maie Bartlett Heard Elementary School Rated 9+

About This Home

As of September 2021

2032 has it's own electric and gas meters. 2034 has it's own electric meter with two sub-meters for the front and rear units. 2034 has it's own gas meter - both units split the gas bill 50/50. All units use the same wi-fi. Each unit has it's own water heater (3 total). 2032 water heater is a new tankless water heater. 2032 also has an EV charging station for electric vehicles. 2032 and 2034 each have separate rooftop Trane AC units. Front yard is on automatic irrigation system. 2034 Front & Rear share a yard with shared full size laundry.

Last Listed By

Joseph Nevin

HomeSmart License #BR543051000 Listed on: 08/10/2021

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $877

Year Built

  • Built in 1952

Lot Details

  • 6,970

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Metal Roof

Parking

  • 5 Open Parking Spaces
  • 11 Parking Spaces
  • 6 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking
  • RV or Boat Parking

Schools

  • Magnet Traditional Elementary And Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, cable TV, landscaping
  • Legal Lot and Block 12 / 2
  • Assessor Parcel Number 110-53-026

Community Details

Overview

  • 3 Units
  • Building Dimensions are 72 x 95
  • Villa Verde Acres Subdivision

Building Details

  • Operating Expense $877

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$877

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: 21st Ave & Encanto
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 1
  • Year Built: 1952
  • Tax Year: 2020
  • Directions: South to Cypress, East to 2034/2032 on left
  • Road Surface Type: Asphalt
  • Subdivision Name: VILLA VERDE ACRES
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Brick
  • Roof: Composition, Metal

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: RV/Boat Parking, >1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 11.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Magnet Traditional School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Magnet Traditional School

Lot Info

  • Lot Size: 72 x 95
  • Additional Parcels: No
  • Parcel #: 110-53-026

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 3
  • Annual Operating Expense: 877.0

Tax Info

  • Tax Annual Amount: 877.0
  • Tax Block: 2
  • Tax Book Number: 110.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 7, 2021
Sold by
Philip Brian
Bought by
Deer Creek Properties Llc
Seller's Agent
Joseph Nevin
HomeSmart
Buyer's Agent
David Mendel
eXp Realty
List Price
$412,000
Sold Price
$425,000
Premium/Discount to List
$13,000
3.16%
Total Days on Market
1
Current Estimated Value
$472,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,597
Avg. Annual Appreciation
2.92%
Original Mortgage
$318,750
Outstanding Balance
$251,461
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$220,520

Purchase Details

Listed on
Feb 22, 2018
Closed on
Apr 9, 2018
Sold by
Empire Dawn Llc
Bought by
Philip Brian
Seller's Agent
James Lanier
Lanier Real Estate, LLC
Buyer's Agent
Aaron Remer
eXp Realty
List Price
$179,900
Sold Price
$176,400
Premium/Discount to List
-$3,500
-1.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.94%
Original Mortgage
$182,221
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Feb 28, 2017
Sold by
Carter Jerry R and Carter Myla R
Bought by
Meridian Az Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2017
Sold by
Meridian Az Llc
Bought by
Empire Dawn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2005
Sold by
Bagnall Charles R and Bagnall Sylvia
Bought by
Carter Jerry R and Carter Myla R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.07%
Mortgage Type
Trade

Purchase Details

Closed on
Apr 1, 2002
Sold by
Bagnall Charles and Bagnall Sylvia
Bought by
Bagnall Charles R and Bagnall Sylvia

Purchase Details

Closed on
Feb 18, 1999
Sold by
Ruiz Nick L and Ruiz Theresa M
Bought by
Bagnall Charles and Bagnall Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.77%
Mortgage Type
New Conventional

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
Deer Creek Properties Llc $425,000 Empire West Title Agency Llc
Philip Brian $176,400 Empire West Title Agency Llc
Meridian Az Llc $103,000 Empire West Title Agency Llc
Empire Dawn Llc $119,000 Empire West Title Agency Llc
Carter Jerry R $150,698 Title Guaranty Agency Of Az
Bagnall Charles R -- --
Bagnall Charles $80,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deer Creek Properties Llc $318,750
Previous Owner Philip Brian $209,270
Previous Owner Philip Brian $209,699
Previous Owner Philip Brian $182,221
Previous Owner Empire Dawn Llc $95,000
Previous Owner Carter Jerry R $96,000
Previous Owner Bagnall Charles $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $425,000 0.0% $282 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/11/2021 08/11/21 Price Changed $425,000 +3.2% $282 / Sq Ft
08/10/2021 08/10/21 For Sale $412,000 +133.6% $274 / Sq Ft
04/10/2018 04/10/18 Sold $176,400 -1.9% $117 / Sq Ft
04/09/2018 04/09/18 For Sale $179,900 0.0% $120 / Sq Ft
04/09/2018 04/09/18 Price Changed $179,900 0.0% $120 / Sq Ft
02/22/2018 02/22/18 For Sale $179,900 -- $120 / 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 $914 $6,837 -- --
2024 $906 $6,512 -- --
2023 $906 $24,050 $4,810 $19,240
2022 $873 $18,020 $3,600 $14,420
2021 $867 $15,700 $3,140 $12,560
2020 $877 $13,330 $2,660 $10,670
2019 $875 $11,080 $2,210 $8,870
2018 $860 $9,620 $1,920 $7,700
2017 $840 $8,520 $1,700 $6,820
2016 $816 $7,080 $1,410 $5,670
2015 $755 $5,970 $1,190 $4,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6277342

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-53-026