NOT LISTED FOR SALE

2221 N 27th St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $543,000 - $969,000

3 Beds
5 Baths
7,471 Sq Ft
$112/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $875,000 $117 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,712/month

38 Days on Market

Highlights

  • Brick Veneer
  • Cooling Available
  • Ceiling Fan
  • The Creighton Academy Rated 9+
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of April 2023

This is a fully remodeled house with two rental units consists of a 2215 sq ft house with granite, tile, new appliances, new fixtures, completely renovated top to bottom, the home has a new roof, new cabinets, flooring, counters, fixtures, tile bathrooms it is in immaculate condition. Also on the property are two additional 800 square ft rental units which have been fully remodeled, each of these units (house and apartments) have their own separate fenced yard with separate entrances. A great property to rent all three units or as an owner occupant on the house and renting the apartments. You won't find anything in this kind of condition anywhere else in the area. Each has its own laundry facilities, individualy metered electric, set up to submeter the water as well.

Last Agent to Sell the Property

Jim Powers

CR Property Services, Inc License #BR649776000 Listed on: 02/28/2023

Last Buyer's Agent

Janette Olvera-Aviles

My Home Group Real Estate License #SA679974000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1957

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Siding
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking

Schools

  • Creighton Elementary School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 182
  • Assessor Parcel Number 120-30-096

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 135x100
  • East Thomas Road Tr 4 Subdivision

Building Details

  • Operating Expense $1,813
  • Gross Income $70,200
  • Net Operating Income $65,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,813

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: 24th St an Thomas
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2022
  • Directions: Head South on 24th street from Thomas Rd Turn Left (East) on oak, Follow Oak east to 27th Street Turn Right (south) to property, second from the end on the left.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: EAST THOMAS ROAD TR 4
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Const - Finish Brick Veneer: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Boundary Survey Avlb
  • Construction Type: Brick Veneer, Wood Frame, Siding, Painted, Stucco
  • Roof: Composition, Tile

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, Submetered System
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Exterior Amenities:Satellite Dish: Yes
  • Exterior Amenities:TV Antenna: Yes

Schools

  • Elementary School: Creighton Elementary School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 135x100
  • Additional Parcels: No
  • Parcel #: 120-30-096

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 3
  • Annual Gross Income: 70200.0
  • Property Net Operating Income: 65000.0
  • Annual Operating Expense: 1813.0

Tax Info

  • Tax Annual Amount: 1813.0
  • Tax Book Number: 120.00
  • Tax Lot: 182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Apr 28, 2023
Sold by
Jjrt Capital Partners Llc
Bought by
Guzman Leonardo
Seller's Agent
Jim Powers
CR Property Services, Inc
Buyer's Agent
Janette Olvera-Aviles
My Home Group Real Estate
List Price
$885,000
Sold Price
$875,000
Premium/Discount to List
-$10,000
-1.13%
Views
141
Current Estimated Value
$837,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,707
Avg. Annual Appreciation
-2.88%
Original Mortgage
$834,706
Outstanding Balance
$816,615
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$232

Purchase Details

Closed on
Apr 1, 2020
Sold by
Lig Arizona Reo Llc
Bought by
Jjrt Capital Partners Llc

Purchase Details

Closed on
Mar 24, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lig Arizona Reo Llc

Purchase Details

Closed on
Jan 15, 2010
Sold by
Martinez Gilberto
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 11, 2005
Sold by
Martinez Lidbes
Bought by
Martinez Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2005
Sold by
Busch Raymond and Busch Susan L
Bought by
Martinez Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2004
Sold by
Maldonado Jackson
Bought by
Busch Raymond and Busch Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2003
Sold by
Markos Nina
Bought by
Maldonado Jackson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2001
Sold by
Markos Tom
Bought by
Markos Nina
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Guzman Leonardo $875,000 Driggs Title Agency
Jjrt Capital Partners Llc $254,000 Great American Title Agency
Lig Arizona Reo Llc $69,000 First American Title Ins Co
Federal Home Loan Mortgage Corp $150,968 Security Title Agency
Martinez Gilberto -- Commonwealth Title
Martinez Gilberto $350,000 Commonwealth Title
Busch Raymond $274,000 Capital Title Agency Inc
Maldonado Jackson $235,000 Westland Title Agency Of Az
Markos Nina $195,000 United Title Agency Inc
Markos Nina -- United Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Leonardo $834,706
Previous Owner Martinez Gilberto $262,500
Previous Owner Martinez Gilberto $262,500
Previous Owner Busch Raymond $174,000
Previous Owner Maldonado Jackson $45,000
Previous Owner Maldonado Jackson $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $875,000 -1.1% $117 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
04/04/2023 04/04/23 Price Changed $885,000 0.0% $118 / Sq Ft
04/04/2023 04/04/23 For Sale $885,000 -1.1% $118 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $895,000 -- $120 / 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 $1,909 $14,684 -- --
2024 $1,887 $13,985 -- --
2023 $1,887 $54,780 $10,950 $43,830
2022 $1,813 $39,360 $7,870 $31,490
2021 $1,857 $32,130 $6,420 $25,710
2020 $1,812 $25,630 $5,120 $20,510
2019 $1,687 $22,180 $4,430 $17,750
2018 $1,652 $18,610 $3,720 $14,890
2017 $1,586 $18,560 $3,710 $14,850
2016 $1,523 $16,270 $3,250 $13,020
2015 $1,418 $13,820 $2,760 $11,060
Source: Public Records

Agents Affiliated with this Home

  • Jim Powers

    Seller's Agent in 2023

    Jim Powers

    CR Property Services, Inc

    (602) 765-7575

    1 in this area

    39 Total Sales

    Jim Powers
    Section Image
  • Janette Olvera-Aviles

    Buyer's Agent in 2023

    Janette Olvera-Aviles

    My Home Group

    (480) 938-4313

    1 in this area

    31 Total Sales

    Janette Olvera-Aviles
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6527072

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-30-096

Arizona Maricopa County Phoenix 85008 Camelback East Village

2221 N 27th St, Phoenix, AZ

This home is located at 2221 N 27th St, Phoenix, AZ 85008 since 28 February 2023 and is currently estimated at $837,293, approximately $112 per square foot. This property was built in 1957. 2221 N 27th St is a home located in Maricopa County with nearby schools including The Creighton Academy, Camelback High School, and Phoenix Coding Academy.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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