NOT LISTED FOR SALE

2134 W Devonshire Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $127,000 - $640,000

4 Beds
-- Bath
15,650 Sq Ft
$31/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $570,000 $36 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,028/month

24 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of December 2021

This Property has Three (3) Units($600.00/month per unit) with two bedrooms and 1 bathroom, and has a one (1) small home ($800.00/month) with three bedrooms and two bathrooms. There are currently tenants on a Month to month lease, and all units are fully occupied. Units are in average condition and are considered an outstanding investment opportunity.

-Rents most likely, below current market. Probably could generate about $1000/month, per unit.

Last Agent to Sell the Property

Greg Anderson

HomeSmart License #SA512854000 Listed on: 09/19/2021

HomeSmart

Last Buyer's Agent

Robert Tolnai

Best Homes Real Estate License #SA529823000

Best Homes Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 1962

Lot Details

  • 0.26

Home Design

  • Block Exterior
  • Stucco

Utilities

  • Cooling Available
  • Individual Controls for Heating

Additional Features

  • Ceramic Tile Flooring
  • Additional Parcels

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot 9
  • Assessor Parcel Number 154-29-050

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 89x120
  • Indian Wells Subdivision

Building Details

  • Operating Expense $1,901
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,901

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 23rd Avenue and Indian School Road
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: Indian Wells
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: None
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 89x120
  • Additional Parcels: Yes
  • Parcel #: 154-29-050

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 4
  • Annual Gross Income: 31200.0
  • Annual Operating Expense: 1900.86

Tax Info

  • Tax Annual Amount: 1900.86
  • Tax Book Number: 154.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2021
Closed on
Nov 22, 2021
Sold by
Trieu Mindy
Bought by
Mmt Rentals Llc
Seller's Agent
Greg Anderson
HomeSmart
Buyer's Agent
Robert Tolnai
Best Homes Real Estate
List Price
$630,000
Sold Price
$570,000
Premium/Discount to List
-$60,000
-9.52%
Current Estimated Value
$545,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,332
Avg. Annual Appreciation
-3.66%
Original Mortgage
$427,500
Outstanding Balance
$389,826
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$99,339

Purchase Details

Listed on
Sep 19, 2021
Closed on
Nov 15, 2021
Sold by
Damianta Properties Llc
Bought by
Trieu Mindy
Seller's Agent
Greg Anderson
HomeSmart
Buyer's Agent
Robert Tolnai
Best Homes Real Estate
List Price
$630,000
Sold Price
$570,000
Premium/Discount to List
-$60,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Outstanding Balance
$389,826
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$99,339

Purchase Details

Closed on
Oct 28, 2010
Sold by
Poco Verde Landscape Inc
Bought by
Damianta Properties Llc

Purchase Details

Closed on
May 13, 2009
Sold by
Alvarado Juan
Bought by
Marroquin Julio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 2009
Sold by
Marroquin Julio C
Bought by
Poco Verde Landscape Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2009
Sold by
Alvarado Juan
Bought by
Marroquin Julio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2009
Sold by
Mora Juana
Bought by
Alvarado Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 4, 2009
Sold by
Salazar Edelman R
Bought by
Alvarado Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2006
Sold by
Saguero Nidia Nineth
Bought by
Salazar Edelman R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2006
Sold by
Medina Boris
Bought by
Salazar Edelman R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2005
Sold by
Rodriguez Laura Gonzalez
Bought by
Medina Boris

Purchase Details

Closed on
May 12, 2005
Sold by
Aydlett Walter and Aydlett Cynthia L
Bought by
Rodriguez Laura Gonzalez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,400
Interest Rate
5.5%
Mortgage Type
Commercial
Source: Public Records
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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
Mmt Rentals Llc -- Magnus Title Agency
Trieu Mindy $570,000 Magnus Title Agency
Damianta Properties Llc -- None Available
Marroquin Julio C -- Security Title Agency Inc
Poco Verde Landscape Inc $115,000 Security Title Agency
Marroquin Julio C -- None Available
Alvarado Juan -- Greystone Title Agency
Alvarado Juan $85,000 Greystone Title Agency
Salazar Edelman R -- Camelback Title Agency Llc
Salazar Edelman R $450,000 Camelback Title Agency Llc
Medina Boris -- Camelback Title Agency Llc
Rodriguez Laura Gonzalez $322,000 Camelback Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trieu Mindy $427,500
Previous Owner Alvarado Juan $60,500
Previous Owner Alvarado Juan $60,500
Previous Owner Salazar Edelman R $315,000
Previous Owner Salazar Edelman R $315,000
Previous Owner Rodriguez Laura Gonzalez $225,400
Closed Rodriguez Laura Gonzalez $64,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2021 12/07/21 Sold $570,000 -9.5% $36 / Sq Ft
11/19/2021 11/19/21 Price Changed $630,000 0.0% $40 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $630,000 -- $40 / 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 $2,095 $13,251 -- --
2024 $1,913 $12,620 -- --
2023 $1,913 $46,170 $9,230 $36,940
2022 $1,883 $31,250 $6,250 $25,000
2021 $1,901 $29,030 $5,800 $23,230
2020 $1,827 $24,620 $4,920 $19,700
2019 $1,805 $20,480 $4,090 $16,390
2018 $1,666 $17,610 $3,520 $14,090
2017 $1,645 $16,250 $3,250 $13,000
2016 $1,576 $14,110 $2,820 $11,290
2015 $1,491 $12,130 $2,420 $9,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6298069

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-29-050