NOT LISTED FOR SALE

2220 W Devonshire Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $247,000 - $690,000

Studio
4 Baths
3,208 Sq Ft
$163/Sq Ft Est. Value

Sale Details

Date Sold: November 26, 2014

Last sale price $165,000 $51 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $2,995 / mo

7 Days on Market

About This Home

As of November 2014

4 unit multi GATED family property at 19th Ave and Indian School--great cash flow opportunity. Property has three 2 bedroom apartments, one 2 bedroom single family home, four covered parking spaces and storage sheds. All units have privately fenced in back patios/yards and washer hook ups. Monthly income is $2099.

Last Agent to Sell the Property

Jennie Miller PLLC

Market Edge Realty, LLC License #BR638404000 Listed on: 10/21/2014

Last Buyer's Agent

Ismeta Hajric

HomeSmart License #SA555865000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1962

Lot Details

  • 0.28

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • R E Simpson Elementary And Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for water
  • The owner pays for trash collection, water, landscaping
  • Tax Lot 5
  • Assessor Parcel Number 154-29-046

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are IRR

Building Details

  • Gross Income $24,432
  • Net Operating Income $16,310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,269

Year Built

Built in 1962

Lot Details

0.28 Acres

Listing Details

  • Cross Street: 23RD AVE & INDIAN SCHOOL
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1962
  • Tax Year: 2013
  • Road Surface Type: Asphalt, Sidewalk(s), Alley
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: See Remarks, Composition, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Individual, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 2160.0

Schools

  • Elementary School: R E Simpson School
  • High School: Central High School
  • Middle Or Junior School: R E Simpson School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 154-29-046

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Water
  • Number Of Units Total: 4
  • Annual Gross Income: 24432.36
  • Insurance Expense: 1400.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 16310.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1269.0
  • Tax Book Number: 154.00
  • Tax Lot: 5

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

Listed on
Oct 21, 2014
Closed on
Dec 9, 2014
Sold by
Bought by
Seller's Agent
Jennie Miller PLLC
Market Edge Realty, LLC
Buyer's Agent
Ismeta Hajric
HomeSmart
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%
Current Estimated Value
$522,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,228
Avg. Annual Appreciation
10.47%
Original Mortgage
$123,750
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 21, 2014
Closed on
Nov 21, 2014
Sold by
Bought by
Seller's Agent
Jennie Miller PLLC
Market Edge Realty, LLC
Buyer's Agent
Ismeta Hajric
HomeSmart
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2012
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
$94,500
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2012
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
$94,500
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2012
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
$245,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2011
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
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2011
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
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 10, 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
5.75%
Mortgage Type
Commercial

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
5.75%
Mortgage Type
Commercial

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
5.75%
Mortgage Type
Commercial

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
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2001
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
$139,500
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2001
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
$139,500
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 1994
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 1994
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
$113,330
Interest Rate
7.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 17, 1993
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
-- None Available
$165,000 First Arizona Title Agency
-- None Available
-- Chicago Title Agency Inc
$135,000 Chicago Title Agency Inc
$130,000 Stewart Title & Trust Of Pho
$55,000 Security Title Agency
$50,199 Security Title Agency
$102,000 None Available
$102,000 None Available
$265,000 Capital Title Agency Inc
-- Capital Title Agency Inc
-- --
$225,780 Capital Title Agency Inc
-- Security Title Agency
$155,000 Security Title Agency
$90,000 Capital Title Agency
$90,000 Capital Title Agency
-- Capital Title Agency
-- --
$113,330 First American Title
-- Chicago Title
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
Previous Owner $123,750
Previous Owner $94,500
Previous Owner $245,000
Previous Owner $100,000
Previous Owner $238,500
Previous Owner $238,500
Previous Owner $203,202
Previous Owner $139,500
Previous Owner $113,330
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
11/26/2014 11/26/14 Sold $165,000 -2.9% $51 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
10/20/2014 10/20/14 For Sale $170,000 -- $53 / 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 $2,159 $13,657 -- --
2024 $1,971 $13,007 -- --
2023 $1,971 $47,870 $9,570 $38,300
2022 $1,941 $31,820 $6,360 $25,460
2021 $1,959 $29,780 $5,950 $23,830
2020 $1,883 $25,310 $5,060 $20,250
2019 $1,860 $20,830 $4,160 $16,670
2018 $1,717 $17,800 $3,560 $14,240
2017 $1,696 $17,130 $3,420 $13,710
2016 $1,624 $14,870 $2,970 $11,900
2015 $1,537 $12,700 $2,540 $10,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5188649

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-29-046

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