D
Seller's Agent in 2020
David Montaner
Elite Partners
2202 W Devonshire Ave Phoenix, AZ 85015
Alhambra Neighborhood
--
Bed
--
Bath
801
Sq Ft
0.27
Acres
About This Home
As of May 2020Excellent Income Opportunity with 100% occupancy. All 2 bedroom units. New leases renting for $625. Two tenants have been on the property for several years. TWO MILES from Grand Canyon University.
**Eight units total for sale - must sell with 2210 W Devonshire Ave - MLS 5663298
Agent is member of LLC.
Last Agent to Sell the Property
Youssef Salloum
Realty Executives Listed on: 09/21/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,688
Year Built
- Built in 1961
Home Design
- Composition Roof
- Block Exterior
- Stucco
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 7
- Assessor Parcel Number 154-29-048
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 11880 sq ft
- Indian Wells Subdivision
Building Details
- Operating Expense $8,488
- Gross Income $24,300
- Net Operating Income $15,812
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 4, 2020
Sold by
Davis Matthew I and Davis Michelle R
Bought by
Md Realty Devonshire Llc
Current Estimated Value
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
Trautman Christopher
Bought by
Davis Matthew I and Davis Michelle R
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
7.49%
Purchase Details
Listed on
Sep 21, 2017
Closed on
Oct 9, 2017
Sold by
2202 W Devonshire Ave Llc
Bought by
Trautman Christopher
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
Lopez John J
Bought by
Salloum Youssef and Salloum Mallory
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
Lousararian George E and Lousararian Vivian R
Bought by
Lopez John J
Seller's Agent
Andrew Thruston
P.J. Hussey & Associates, Inc
Buyer's Agent
Joseph Davis
CastleRock Communities
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
Wells Fargo Bank Na
Bought by
Lousararian George E and Lousararian Vivian R
Purchase Details
Closed on
Jul 15, 2009
Sold by
Gonzalez Aide and Argent Mortgage Company Llc
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Jan 11, 2005
Sold by
Boquecosa Brian and 301 Investments Llc
Bought by
Gonzalez Aide
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
Gonzalez Jesus
Bought by
Gonzalez Aide
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
Boquecosa Brian
Bought by
301 Investments Llc
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
Seng Salim and Kuon Heng Kim
Bought by
Boquecosa Brian
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
Murray Jack T and Murray Lisa A
Bought by
Kuon Heng Kim
Purchase Details
Closed on
Apr 19, 2001
Sold by
Seng Salim
Bought by
Kuon Heng Kim
Purchase Details
Closed on
Apr 22, 1999
Sold by
Murray Jack Thomas and Murray Lisa Annette
Bought by
Murray Jack T and Murray Lisa A
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
Orsburn Dayton and Orsburn Leah
Bought by
Orsburn Dayton and Spindler Fred O
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Pioneer Title Agency Inc | |
| Warranty Deed | $387,500 | Pioneer Title Agency Inc | |
| Warranty Deed | $259,500 | Security Title Agency Inc | |
| Warranty Deed | $155,000 | Security Title Agency | |
| Cash Sale Deed | $147,500 | Lawyers Title Of Arizona Inc | |
| Cash Sale Deed | $60,000 | Security Title Agency | |
| Trustee Deed | $250,262 | None Available | |
| Warranty Deed | $265,000 | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | Capital Title Agency Inc | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $225,780 | Capital Title Agency Inc | |
| Warranty Deed | $155,000 | Security Title Agency | |
| Interfamily Deed Transfer | -- | Security Title Agency | |
| Interfamily Deed Transfer | -- | Ati Title Agency | |
| Interfamily Deed Transfer | -- | Ati Title Agency | |
| Interfamily Deed Transfer | -- | Capital Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $570,000 | Commercial | |
| Previous Owner | $254,799 | FHA | |
| Previous Owner | $108,500 | Commercial | |
| Previous Owner | $238,500 | Purchase Money Mortgage | |
| Previous Owner | $238,500 | Purchase Money Mortgage | |
| Previous Owner | $203,202 | Commercial | |
| Previous Owner | $100,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
| 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 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 | $1,953 | $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
-
-
Tyler Davis
Buyer's Agent in 2020
Tyler Davis
Real Broker
(602) 622-5788
1 in this area
37 Total Sales
-
Y
Seller's Agent in 2017
Youssef Salloum
Realty Executives
-
Lindsay Baker
Seller's Agent in 2014
Lindsay Baker
Evolution Real Estate, LLC
(480) 227-7945
22 Total Sales
-
S
Buyer's Agent in 2014
Steve Russell
RE/MAX
-
Andrew Thruston
Seller's Agent in 2012
Andrew Thruston
P.J. Hussey & Associates, Inc
(623) 628-5513
1 in this area
46 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5663298
APN: 154-29-048
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
Nearby Homes
- 2107 W Glenrosa Ave
- 2132 W Glenrosa Ave Unit 81D
- 2133 W Turney Ave Unit D76
- 2133 W Turney Ave Unit C88
- 4325 N 21st Dr Unit 3
- 4119 N 23rd Dr
- 2221 W Turney Ave Unit D
- 2019 W Turney Ave
- 2421 W Glenrosa Ave
- 2146 W Indianola Ave
- 2129 W Indianola Ave
- 2450 W Glenrosa Ave Unit 48
- 4125 N 19th Ave
- 3806 N 23rd Ave
- 2349 W Campbell Ave
- 2406 W Campbell Ave Unit 143
- 2423 W Campbell Ave
- 2412 W Campbell Ave Unit 318
- 1837 W Roma Ave
- 2148 W Hazelwood St