NOT LISTED FOR SALE

2102 W Heatherbrae Dr Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $371,153 - $651,000

-- Bed
-- Bath
2,754 Sq Ft
$195/Sq Ft Est. Value

Last Sold April 03, 2019

Last sale price $220,000 $80 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $2,967/month

43 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of April 2019

Located near Central Phoenix and Grand Canyon University,this updated 3-unit apartment community is comprised of three 2 bedroom and 1 bathroom units, with an average square footage of 918 SF. Each unit is individually metered for electricity and each unit has its own spacious and private fenced backyard, as well as individual storage rooms. The property has been updated with fresh paint, newer windows, newer tile floors and surrounds, miscellaneous fixtures, some newer cabinets, counter-tops, appliances,and more. Additionally, the units have vaulted ceilings,making the already spacious living area feel even more roomy. Built of block in 1963, the property has the very popular mid-century architecture as well. The property is centrally located with I-17 roughly 1/2 mile away, Grand Canyon University just over 2 miles away, and the nearest Light Rail roughly 5 minutes away. The property has historically remained fully occupied, and rents are below market. This is an excellent investment opportunity at an affordable price.

Last Agent to Sell the Property

John Klocek

ABI Multifamily License #SA657592000 Listed on: 01/28/2019

Co-Listed By

Patrick Burch

ABI Multifamily License #BR515118000

Last Buyer's Agent

Ken Tasopulos

Better Homes & Gardens Real Estate SJ Fowler License #SA524907000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,294

Year Built

  • Built in 1963

Lot Details

  • 8,407

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 16
  • Assessor Parcel Number 154-29-035

Community Details

Overview

  • 3 Units
  • Building Dimensions are UK
  • Puccinelli Place Subdivision

Building Details

  • Operating Expense $9,530
  • Gross Income $25,935
  • Net Operating Income $16,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,294

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Indian School Rd & 23rd Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2018
  • Directions: North on 23rd Ave, East on Heatherbrae to end. Property on north side of Heatherbrae on corner of 21st Ave.
  • Road Surface Type: Asphalt, Alley
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: PUCCINELLI PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: See Remarks, Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit, Street Parking
  • Attached Garage: No
  • 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:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: Other, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: UK
  • Additional Parcels: No
  • Parcel #: 154-29-035

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: See Remarks, Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 25935.0
  • Property Net Operating Income: 16420.0
  • Annual Operating Expense: 9530.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1294.0
  • Tax Book Number: 154.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2019
Closed on
Mar 28, 2019
Sold by
Tran Dinh and Le Tuyet
Bought by
Tikihale Llc
Seller's Agent
John Klocek
ABI Multifamily
Buyer's Agent
Ken Tasopulos
Better Homes & Gardens Real Estate SJ Fowler
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Current Estimated Value
$536,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,288
Avg. Annual Appreciation
13.90%

Purchase Details

Closed on
Dec 1, 2015
Sold by
Le Tuyet and Tran Dinh
Bought by
Tran Dinh and Le Tuyet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$777,000
Interest Rate
3.83%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 25, 2015
Sold by
Tran Dinh
Bought by
Txdam Llc

Purchase Details

Closed on
Sep 7, 2015
Sold by
Tx Dam Llc
Bought by
Tran Dinh B and Le Tuyet

Purchase Details

Closed on
Mar 29, 2012
Sold by
Terra Funding Llc
Bought by
Tx Dam Llc

Purchase Details

Closed on
Oct 21, 2008
Sold by
Kenilworth Capital Inc
Bought by
Terra Funding Llc

Purchase Details

Closed on
Apr 24, 2008
Sold by
Terra Funding Llc
Bought by
Kenilworth Capital Inc

Purchase Details

Closed on
Sep 27, 2007
Sold by
Foresight Property Investments Llc
Bought by
Terra Funding Llc

Purchase Details

Closed on
Mar 21, 2007
Sold by
Foresight Investment Group Llc
Bought by
Foresight Property Investments Llc

Purchase Details

Closed on
Nov 28, 2006
Sold by
Nbi Llc
Bought by
Foresight Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2006
Sold by
Nbi Llc
Bought by
Foresight Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2006
Sold by
Archer Mark
Bought by
Nbi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2005
Sold by
Coury James J and Coury Susan H
Bought by
The T Bar C Land & Camel Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,930
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2005
Sold by
The T Bar C Land & Camel Co Llc
Bought by
Archer Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,930
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2005
Sold by
Archer Mark
Bought by
Nbi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,930
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2002
Sold by
Wilson Jerry D
Bought by
Coury James J and Coury Susan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 1996
Sold by
Brj Partnership
Bought by
Wilson Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
11.49%

Purchase Details

Closed on
Dec 6, 1994
Sold by
Waitman Randall Lane and Waitman Randall L
Bought by
Brj Partnership

Purchase Details

Closed on
Sep 23, 1994
Sold by
Tpi Land Development Iii Ltd Partnership
Bought by
Waitman Randall Lane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,219
Interest Rate
8.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tikihale Llc $220,000 Driggs Title Agency Inc
Tran Dinh $560,000 Chicago Title Agency Inc
Txdam Llc -- None Available
Tran Dinh B -- Accommodation
Tx Dam Llc $60,000 Chicago Title Agency Inc
Terra Funding Llc -- None Available
Kenilworth Capital Inc $238,386 Stewart Title & Trust Of Pho
Terra Funding Llc -- None Available
Foresight Property Investments Llc -- None Available
Foresight Investment Group Llc -- None Available
Foresight Investment Group Llc -- None Available
Nbi Llc $204,500 None Available
The T Bar C Land & Camel Co Llc -- Capital Title Agency Inc
Archer Mark $249,900 Capital Title Agency Inc
Nbi Llc $476,400 None Available
Coury James J $123,000 Lawyers Title Of Arizona Inc
Wilson Jerry -- Nations Title Insurance
Brj Partnership -- Orange Coast Title Companies
Waitman Randall Lane $50,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Dinh $777,000
Previous Owner Foresight Investment Group Llc $25,000
Previous Owner Foresight Investment Group Llc $200,000
Previous Owner Archer Mark $174,930
Previous Owner Coury James J $98,400
Previous Owner Wilson Jerry $59,500
Previous Owner Waitman Randall Lane $44,219
Closed Coury James J $24,600
Closed Archer Mark $74,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2019 04/03/19 Sold $220,000 -4.3% $80 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
03/01/2019 03/01/19 Price Changed $229,999 -4.2% $84 / Sq Ft
01/28/2019 01/28/19 For Sale $240,000 -- $87 / 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 $1,478 $10,292 -- --
2024 $1,485 $9,802 -- --
2023 $1,485 $36,100 $7,220 $28,880
2022 $1,463 $27,210 $5,440 $21,770
2021 $1,476 $23,480 $4,690 $18,790
2020 $1,419 $20,360 $4,070 $16,290
2019 $1,402 $17,230 $3,440 $13,790
2018 $1,294 $14,800 $2,960 $11,840
2017 $1,278 $13,210 $2,640 $10,570
2016 $1,224 $11,270 $2,250 $9,020
2015 $1,158 $9,530 $1,900 $7,630
Source: Public Records

Agents Affiliated with this Home

  • John Klocek

    Seller's Agent in 2019

    John Klocek

    ABI Multifamily

    (602) 639-0088

    1 in this area

    25 Total Sales

    John Klocek
    Section Image
  • Patrick Burch

    Seller Co-Listing Agent in 2019

    Patrick Burch

    ABI Multifamily

    (520) 603-1768

    1 in this area

    39 Total Sales

    Patrick Burch
    Section Image

  • K

    Buyer's Agent in 2019

    Ken Tasopulos

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    9 Total Sales

    Ken Tasopulos
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5874424

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-29-035

Arizona Maricopa County Phoenix 85015 Alhambra

2102 W Heatherbrae Dr, Phoenix, AZ

This home is located at 2102 W Heatherbrae Dr, Phoenix, AZ 85015 since 28 January 2019 and is currently estimated at $536,288, approximately $194 per square foot. This property was built in 1963. 2102 W Heatherbrae Dr is a home located in Maricopa County with nearby schools including Westwood Primary School, Choice Learning Academy, and Phoenix Coding 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

Nearby Homes