NOT LISTED FOR SALE

2111 W Heatherbrae Dr Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $433,536 - $659,000

1 Bed
-- Bath
2,833 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $230,000 $81 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,014/month

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of October 2017

Four 2 bedroom, 1 bath units, Tile flooring through out, Refrigerator, Stove, in all units. Some units have had upgraded kitchens and baths. Fully fenced yard with play area and locking gate. Security doors on all units. Individual A/C units. All Electric.

Last Agent to Sell the Property

Nancy Krause

Tempus West Valley Realty Brokerage Phone: 623-321-3486 License #SA524985000 Listed on: 09/29/2017

Last Buyer's Agent

Zoila R. Whitby

Ari-Zoila Realty License #BR514666000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1963

Lot Details

  • 0.29

Parking

  • On-Street Parking

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Utilities

  • Multiple cooling system units
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 13
  • Assessor Parcel Number 154-29-054

Community Details

Overview

  • 4 Units
  • Building Dimensions are 12,672
  • Indian Wells Subdivision

Building Details

  • Operating Expense $6,640
  • Gross Income $21,930
  • Net Operating Income $17,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,407

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 23rd Ave and Indian School Rd
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2016
  • Directions: Go East of I-17 first light North on 23rd Ave, Right on Devonshire Ave, property on right. Corner of Devonshire & Heatherbrea Drive.
  • Attribution Contact: 623-321-3486
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1516.0
  • Subdivision Name: INDIAN WELLS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Street Parking
  • Attached Garage: No
  • Parking:Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: 2 or More Units, Individual, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2900.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 12,672
  • Additional Parcels: No
  • Parcel #: 154-29-054

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 21930.0
  • Property Net Operating Income: 17000.0
  • Annual Operating Expense: 6640.0
  • Vacancy Allowance Rate: 0.15

Tax Info

  • Tax Annual Amount: 1407.0
  • Tax Book Number: 154.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Oct 10, 2017
Sold by
Claye William B
Bought by
Ari Zolla Realty Llc
Seller's Agent
Nancy Krause
Tempus West Valley Realty
Buyer's Agent
Zoila R. Whitby
Ari-Zoila Realty
List Price
$239,500
Sold Price
$230,000
Premium/Discount to List
-$9,500
-3.97%
Current Estimated Value
$541,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,634
Avg. Annual Appreciation
12.24%

Purchase Details

Closed on
Oct 11, 2013
Sold by
Mikheal Rooa
Bought by
Claye William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
4.26%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2011
Sold by
Haddad Nadia
Bought by
Mikhael Rooa

Purchase Details

Closed on
Mar 22, 2010
Sold by
Basheer Zuhair M
Bought by
Haddad Nadia

Purchase Details

Closed on
Nov 30, 2009
Sold by
Tsuei Judy
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 1, 2005
Sold by
Mairel Pamela A
Bought by
Tsuei Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2005
Sold by
Partners Court Apartments Llc
Bought by
Kafka Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 23, 2005
Sold by
Kafka Richard G
Bought by
Mairel Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.65%
Mortgage Type
Seller Take Back
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
Ari Zolla Realty Llc $230,000 Clear Title Agency Of Arizon
Claye William B $175,000 Great American Title Agency
Mikhael Rooa $55,400 None Available
Haddad Nadia -- Fidelity Natl Title Ins Co
Haddad Nadia $55,400 Fidelity Natl Title Ins Co
The Bank Of New York Mellon $240,171 None Available
Tsuei Judy $330,000 Capital Title Agency Inc
Kafka Richard $1,689,500 Chicago Title Insurance Co
Mairel Pamela A $625,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Claye William B $171,830
Previous Owner Tsuei Judy $231,000
Previous Owner Mairel Pamela A $80,000
Closed Tsuei Judy $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $230,000 -4.0% $81 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $239,500 +36.9% $85 / Sq Ft
01/09/2014 01/09/14 Sold $175,000 +9.4% $62 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $160,000 -- $56 / 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 $1,699 $11,831 -- --
2024 $1,708 $11,268 -- --
2023 $1,708 $42,060 $8,410 $33,650
2022 $1,681 $28,550 $5,710 $22,840
2021 $1,697 $26,580 $5,310 $21,270
2020 $1,632 $22,450 $4,490 $17,960
2019 $1,612 $18,500 $3,700 $14,800
2018 $1,488 $15,800 $3,160 $12,640
2017 $1,469 $14,510 $2,900 $11,610
2016 $1,407 $12,600 $2,520 $10,080
2015 $1,332 $10,700 $2,140 $8,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5666799

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-29-054