NOT LISTED FOR SALE

2122 E Fairmount Ave Phoenix, AZ 85016

Camelback East Village Neighborhood
-- Bed
2 Baths
2,518 Sq Ft
10,019 Sq Ft Lot

Last Sold May 29, 2020

Last sale price $4,470,000 $1,775 Per Sq Ft

214 Days on Market

Highlights

  • Heated Community Pool
  • Central Air
  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Ceiling Fan
  • Heating Available

About This Home

As of May 2020

Each building of the Modern Retro Living is of single-story block construction with pitched roofs. The fully renovated property features in-suite laundry machines, private patios in select units, extra storage, and covered parking. The community also features attractive resort-style grounds with a large swimming pool and mature landscaping around the property.The units at the Modern Retro Living have been extensively renovated in 2016. They feature modern shaker-style cabinetry with brushed nickel hardware, new countertops with subway tile backsplashes, polished concrete flooring, full-size stainless-steel appliances with dishwashers and built-in microwaves, contemporary bathroom vanities, subway tile shower surrounded with new brushed nickel fixtures, ceiling

Last Agent to Sell the Property

Dallin Hammond

ABI Multifamily License #SA677560000 Listed on: 09/27/2019

Last Buyer's Agent

Ryan Smith

ZENDOOR License #BR659309000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,695

Year Built

  • Built in 1956

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Concrete Flooring

Parking

  • 23 Parking Spaces
  • 23 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for water, sewer, landscaping, pool/spa maintenance
  • Assessor Parcel Number 119-21-021-E

Community Details

Overview

  • 8 Buildings
  • 23 Units
  • Building Dimensions are 285 x 267

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $104,244
  • Gross Income $335,252
  • Net Operating Income $257,347

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,695

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: Indian School & 22nd Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 8
  • Year Built: 1956
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Professional Management Expense: 12840.0
  • Tax Parcel Letter: E
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 23.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 23.0
  • General Property Description:Covered Parking Spcs: 23.0
  • General Property Description:Total Parking Spcs: 23.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 20856.0

Lot Info

  • Lot Size: 285 x 267
  • Additional Parcels: Yes
  • Parcel #: 119-21-021-E

Multi Family

  • Owner Pays: Water, Sewer, Landscaping, Pool/Spa Maintenance
  • Number Of Units Total: 23
  • Electric Expense: 4224.0
  • Annual Gross Income: 335252.15
  • Insurance Expense: 4740.0
  • Maintenance Expense: 5400.0
  • Property Net Operating Income: 257347.0
  • Annual Operating Expense: 104244.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 8695.0
  • Tax Book Number: 119.00
  • Tax Lot: -

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $4,470,000 0.0% $1,775 / Sq Ft
05/01/2020 05/01/20 Off Market $4,470,000 -- --
03/31/2020 03/31/20 Pending -- -- --
10/25/2019 10/25/19 Price Changed $4,554,000 -1.0% $1,809 / Sq Ft
08/30/2019 08/30/19 For Sale $4,600,000 -- $1,827 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dallin Hammond

    Seller's Agent in 2020

    Dallin Hammond

    ABI Multifamily

    (602) 714-1400

    10 in this area

    35 Total Sales

    Dallin Hammond
    Section Image
  • Ryan Smith

    Buyer's Agent in 2020

    Ryan Smith

    ZENDOOR

    (602) 566-7203

    Ryan Smith
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5983835

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-21-021H

Arizona Maricopa County Phoenix 85016 Camelback East Village

2122 E Fairmount Ave, Phoenix, AZ

Not Listed for Sale

MultiFamily

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