NOT LISTED FOR SALE

2202 W Devonshire Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $333,000 - $674,179

Studio
4 Baths
801 Sq Ft
$684/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2020

Last sale price $387,500 $484 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,134 / mo

4 Days on Market

Highlights

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

About This Home

As of May 2020

Excellent Income Opportunity with 100% occupancy. All 2 bedroom units. TWO MILES from Grand Canyon University. **Eight units total for sale - must sell with 2210 W Devonshire Ave - MLS 6043134

Last Agent to Sell the Property

David Montaner

Elite Partners License #SA654828000 Listed on: 02/28/2020

Elite Partners

Last Buyer's Agent

Tyler Davis

Real Broker License #SA688422000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,852

Year Built

  • Built in 1961

Lot Details

  • 0.27

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 7
  • Assessor Parcel Number 154-29-048

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 11880
  • Indian Wells Subdivision

Building Details

  • Operating Expense $5,952
  • Gross Income $30,000
  • Net Operating Income $24,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,852

Year Built

Built in 1961

Lot Details

0.27 Acres

Listing Details

  • Cross Street: Indian School & 23rd Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Subdivision Name: INDIAN WELLS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: 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

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 700.0
  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 11880
  • Additional Parcels: No
  • Parcel #: 154-29-048

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 30000.0
  • Insurance Expense: 1000.0
  • Property Net Operating Income: 24048.0
  • Annual Operating Expense: 5952.0

Tax Info

  • Tax Annual Amount: 1852.0
  • Tax Book Number: 154.00
  • Tax Lot: 7

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2020
Sold by
Bought by
Current Estimated Value
$548,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 28, 2020
Closed on
Mar 30, 2020
Sold by
Bought by
Seller's Agent
David Montaner
Elite Partners
Buyer's Agent
Tyler Davis
Real Broker
List Price
$357,500
Sold Price
$387,500
Premium/Discount to List
$30,000
8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%

Purchase Details

Listed on
Sep 21, 2017
Closed on
Oct 9, 2017
Sold by
Bought by
Seller's Agent
Youssef Salloum
Realty Executives
Buyer's Agent
David Montaner
A.Z. & Associates
List Price
$265,000
Sold Price
$259,500
Premium/Discount to List
-$5,500
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.03%
Original Mortgage
$254,799
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 19, 2013
Closed on
Apr 3, 2014
Sold by
Bought by
Seller's Agent
Lindsay Baker
Evolution Real Estate, LLC
Buyer's Agent
Steve Russell
RE/MAX Solutions
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%
Original Mortgage
$108,500
Interest Rate
4.28%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 27, 2012
Closed on
Apr 9, 2012
Sold by
Bought by
Seller's Agent
Andrew Thruston
P.J. Hussey & Associates, Inc
Buyer's Agent
Joseph Davis
Meritage Homes of Arizona, Inc
List Price
$137,900
Sold Price
$147,500
Premium/Discount to List
$9,600
6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%

Purchase Details

Closed on
Jan 25, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,202
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2001
Sold by
Bought by

Purchase Details

Closed on
Apr 19, 2001
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
11.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 1996
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Pioneer Title Agency Inc
$387,500 Pioneer Title Agency Inc
$259,500 Security Title Agency Inc
$155,000 Security Title Agency
$147,500 Lawyers Title Of Arizona Inc
$60,000 Security Title Agency
$250,262 None Available
$265,000 Capital Title Agency Inc
-- Capital Title Agency Inc
-- --
$225,780 Capital Title Agency Inc
$155,000 Security Title Agency
-- Security Title Agency
-- Ati Title Agency
-- Ati Title Agency
-- Capital Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $570,000
Previous Owner $254,799
Previous Owner $108,500
Previous Owner $238,500
Previous Owner $238,500
Previous Owner $203,202
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2020 05/15/20 Sold $387,500 +8.4% $484 / Sq Ft
04/24/2020 04/24/20 Price Changed $357,500 0.0% $446 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $357,500 +37.8% $446 / Sq Ft
10/27/2017 10/27/17 Sold $259,500 -2.1% $324 / Sq Ft View Prior Sale
09/21/2017 09/21/17 For Sale $265,000 +71.0% $331 / Sq Ft
04/29/2014 04/29/14 Sold $155,000 -6.1% $194 / Sq Ft View Prior Sale
03/21/2014 03/21/14 Pending -- -- --
12/19/2013 12/19/13 For Sale $165,000 +11.9% $206 / Sq Ft
04/19/2012 04/19/12 Sold $147,500 +7.0% $184 / Sq Ft View Prior Sale
04/03/2012 04/03/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $137,900 -- $172 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,150 $13,597 -- --
2024 $1,963 $12,950 -- --
2023 $1,963 $48,500 $9,700 $38,800
2022 $1,932 $31,730 $6,340 $25,390
2021 $1,951 $29,680 $5,930 $23,750
2020 $1,875 $25,220 $5,040 $20,180
2019 $1,852 $20,780 $4,150 $16,630
2018 $1,710 $17,760 $3,550 $14,210
2017 $1,688 $17,070 $3,410 $13,660
2016 $1,617 $14,800 $2,960 $11,840
2015 $1,531 $12,650 $2,530 $10,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6043114

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-29-048

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