J
Seller's Agent in 2016
Jamie Canute
Orion Investment Real Estate
2201 E Taylor St Phoenix, AZ 85006
Central City NeighborhoodEstimated Value: $753,000 - $1,052,000
--
Bed
--
Bath
2,800
Sq Ft
$321/Sq Ft
Est. Value
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Heating Available
About This Home
As of January 2016Taylor Street Apartments consists of 16 apartment units within four contiguous 4-plex properties,
each with its own separate parcel. The garden-style buildings were constructed in 1984 and
consist of wood and stucco construction with pitched roofs. The units have undergone some
improvements over the years and most consist of either tile or laminate flooring. The subject
property offers its tenants ample parking, on-site laundry facility, storage units, and
well-maintained desert landscaping.
The property is individually metered for electricity, heating and air conditioning. Taylor Street Apartments consists of 16 apartment units within four contiguous 4-plex properties, each with its own separate parcel. The garden-style buildings were constructed in 1984 and consist of wood and stucco construction with pitched roofs. The units have undergone some improvements over the years and most consist of either tile or laminate flooring. The subject property offers its tenant ample parking, on-site laundry facility, storage units, and well-maintained desert landscaping. The property is individually metered for electricity, heating and air conditioning. There have been recent improvements to the property including four new roofs, full HVAC replacements and duct work, unit rehabilitation, exterior painting, new laundry room plumbing and electrical, and a newly striped parking lot. Taylor Street Apartments offers investors an excellent cash flowing
property.
Last Agent to Sell the Property
Jamie Canute
Orion Investment Real Estate License #SA580623000 Listed on: 11/17/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,258
Year Built
- Built in 1984
Lot Details
- Additional Parcels
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 24 Open Parking Spaces
- 24 Parking Spaces
Schools
- Wilson Elementary School - Phoenix
- Phoenix Prep Academy High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer
- Legal Lot and Block 17 / 2
- Assessor Parcel Number 116-01-059
Community Details
Overview
- 4 Buildings
- 16 Units
- Building Dimensions are 200x165
- Aviation Homesites Subdivision
Building Details
- Gross Income $89,640
- Net Operating Income $48,142
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2015
Closed on
Jan 12, 2016
Sold by
J & J Real Estate Holdings Llc
Bought by
First Class Property Management Llc
Seller's Agent
Jamie Canute
Orion Investment Real Estate
Buyer's Agent
Mark Skelpsa
HomeSmart Realty
List Price
$672,000
Sold Price
$665,000
Premium/Discount to List
-$7,000
-1.04%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,000
Avg. Annual Appreciation
3.18%
Original Mortgage
$500,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 18, 2014
Sold by
L Poxon Llc
Bought by
J & J Real Estate Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 26, 2010
Sold by
The Bank Of New York Mellon
Bought by
Lpoxon Llc
Purchase Details
Closed on
Jul 14, 2010
Sold by
Rivera Elizabeth
Bought by
The Bank Of New York Mellon and The Bank Of New York
Purchase Details
Closed on
Jul 18, 2005
Sold by
Sauer Kelly R and Golberg Lori L
Bought by
Rivera Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 1, 2002
Sold by
K Sauer/L Golberg Llc
Bought by
Sauer Kelly R and Golberg Lori L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.22%
Purchase Details
Closed on
Nov 15, 1996
Sold by
2201 Taylor Street Ltd
Bought by
Sauer Kelly R and Golberg Lori L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,100
Interest Rate
7.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 2, 1996
Sold by
Perri Joshua M and Lomeli John
Bought by
2201 Taylor Street Ltd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,280
Interest Rate
9.99%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 28, 1995
Sold by
Lomeli Anita
Bought by
Lomeli John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,280
Interest Rate
9.99%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 10, 1995
Sold by
Munger David H and Munger Janice R
Bought by
Perri Joshua M and Lomeli John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,280
Interest Rate
9.99%
Mortgage Type
Seller Take Back
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| First Class Property Management Llc | $665,000 | Pioneer Title Agency Inc | |
| J & J Real Estate Holdings Llc | -- | Stewart Title & Trust | |
| Lpoxon Llc | $37,000 | Great American Title Agency | |
| The Bank Of New York Mellon | $52,700 | Great American Title Agency | |
| Rivera Elizabeth | $235,000 | Security Title Agency Inc | |
| Sauer Kelly R | -- | Security Title Agency | |
| Sauer Kelly R | $46,500 | Security Title | |
| 2201 Taylor Street Ltd | $40,975 | Fidelity Title | |
| Lomeli John | -- | Fidelity Title | |
| Perri Joshua M | $40,975 | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | First Class Property Management Llc | $912,000 | |
| Closed | First Class Property Management Llc | $500,000 | |
| Previous Owner | J & J Real Estate Holdings Llc | $290,000 | |
| Previous Owner | J & J Real Estate Holdings Llc | $290,000 | |
| Previous Owner | Rivera Elizabeth | $164,500 | |
| Previous Owner | Sauer Kelly R | $92,000 | |
| Previous Owner | Sauer Kelly R | $37,100 | |
| Previous Owner | Perri Joshua M | $27,280 | |
| Closed | Rivera Elizabeth | $47,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2016 01/14/16 | Sold | $665,000 | -1.0% | $238 / Sq Ft |
| 11/23/2015 11/23/15 | Pending | -- | -- | -- |
| 11/16/2015 11/16/15 | For Sale | $672,000 | -- | $240 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $981 | $7,517 | -- | -- |
| 2024 | $985 | $7,159 | -- | -- |
| 2023 | $985 | $35,570 | $7,110 | $28,460 |
| 2022 | $928 | $24,950 | $4,990 | $19,960 |
| 2021 | $942 | $20,680 | $4,130 | $16,550 |
| 2020 | $938 | $17,510 | $3,500 | $14,010 |
| 2019 | $934 | $15,000 | $3,000 | $12,000 |
| 2018 | $922 | $12,130 | $2,420 | $9,710 |
| 2017 | $857 | $11,630 | $2,320 | $9,310 |
| 2016 | $878 | $9,010 | $1,800 | $7,210 |
| 2015 | $816 | $7,800 | $1,560 | $6,240 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2016
Mark Skelpsa
HomeSmart Realty
(480) 430-5752
13 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5363398
APN: 116-01-059
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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