Seller's Agent in 2021
Dave Fernandez
DeLex Realty
(602) 469-7300
2 in this area
59 Total Sales
2103 W Morten Ave Phoenix, AZ 85021
Alhambra Neighborhood
1
Bed
1
Bath
500
Sq Ft
18,295
Sq Ft Lot
Highlights
- Cooling System Mounted To A Wall/Window
- Carpet
- Individual Controls for Heating
- Washington High School Rated 9+
About This Home
As of September 2021Great value-add with this quaint, 9 unit property in a fast improving North Phoenix neighborhood. Unit mix consists of 2 Studios – 3 One Bedrooms – 2 Two Bedrooms & 2 Two Bedrooms plus Den or could be 3rd bedroom. Property is low maintenance with steady Tenant base and offers residents a home style living experience with fenced yards, on-site Laundry and a Central courtyard. The asset has undergone substantial improvements such as new exterior paint, interior upgrades as units were turned over, and new roofs on 2 of the 3 buildings. AC units have been replaced as needed. Local commercial amenities nearby include Sprouts Farmers Market, Starbuck, LA Fitness & Fry's Market Place. Easy access to I-17. Short drive to some of the best North Central Corridor Restaurants. Great property to ride the Phoenix rental boom while adding value by bringing rents to market and through further upgrades.
Last Agent to Sell the Property
DeLex Realty License #BR043628000 Listed on: 03/05/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,265
Year Built
- Built in 1968
Lot Details
- 0.42
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Carpet
Parking
- 9 Open Parking Spaces
- 9 Parking Spaces
- Free Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Individual Controls for Heating
- Window Unit Heating System
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 116
- Assessor Parcel Number 157-22-039
Community Details
Overview
- 3 Buildings
- 9 Units
- Building Dimensions are 18,200
- Vista Income Estates 2 Subdivision
Building Details
- Operating Expense $24,192
- Gross Income $82,138
- Net Operating Income $82,968
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/23/2021 09/23/21 | Sold | $1,125,000 | -16.7% | $2,250 / Sq Ft | |
| 08/21/2021 08/21/21 | Price Changed | $1,350,000 | 0.0% | $2,700 / Sq Ft | |
| 07/22/2021 07/22/21 | Pending | -- | -- | -- | |
| 03/05/2021 03/05/21 | For Sale | $1,350,000 | 0.0% | $2,700 / Sq Ft | |
| 05/23/2016 05/23/16 | Rented | $495 | 0.0% | -- | |
| 05/20/2016 05/20/16 | Under Contract | -- | -- | -- | |
| 04/26/2016 04/26/16 | Price Changed | $495 | -10.0% | $1 / Sq Ft | |
| 03/11/2016 03/11/16 | For Rent | $550 | 0.0% | -- | |
| 08/19/2015 08/19/15 | Sold | $370,000 | +6.0% | $740 / Sq Ft | View Prior Sale |
| 05/29/2015 05/29/15 | Pending | -- | -- | -- | |
| 05/19/2015 05/19/15 | For Sale | $349,000 | -- | $698 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $2,509 | $19,746 | -- | -- |
| 2024 | $2,371 | $18,806 | -- | -- |
| 2023 | $2,371 | $78,430 | $15,680 | $62,750 |
| 2022 | $2,294 | $53,170 | $10,630 | $42,540 |
| 2021 | $2,323 | $49,300 | $9,860 | $39,440 |
| 2020 | $2,265 | $47,780 | $9,550 | $38,230 |
| 2019 | $2,224 | $37,850 | $7,570 | $30,280 |
| 2018 | $2,166 | $32,160 | $6,430 | $25,730 |
| 2017 | $2,155 | $29,570 | $5,910 | $23,660 |
| 2016 | $2,116 | $27,400 | $5,480 | $21,920 |
| 2015 | $1,959 | $21,930 | $4,380 | $17,550 |
Source: Public Records
Agents Affiliated with this Home
-
Dave Fernandez
-
Jamie Mahalek
Seller Co-Listing Agent in 2021
Jamie Mahalek
DeLex Realty
(623) 910-2418
2 in this area
80 Total Sales
-
Nure Elatari
Buyer's Agent in 2021
Nure Elatari
eXp Realty
(480) 270-5355
2 in this area
21 Total Sales
-
S
Seller's Agent in 2016
Sherry L. Martin
Venture REI, LLC
-
Maria Johnson
M
Seller Co-Listing Agent in 2016
Maria Johnson
Carino Properties, LLC
(602) 402-9122
3 Total Sales
-
G
Seller's Agent in 2015
G. William Franco
Compass Management Group
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6203350
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.
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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