NOT LISTED FOR SALE

2248 W Hayward Ave Phoenix, AZ 85021

Alhambra Neighborhood

Estimated Value: $424,000 - $984,000

11 Beds
7 Baths
370,925 Sq Ft
$2/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $220,000 $1 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $4,166/month

12 Days on Market

Highlights

  • Cooling Available
  • Washington High School Rated A-
  • Painted or Stained Flooring

About This Home

As of August 2012

This is a CA$H Price. Lender Owned REO Property. Principals of Lender/Owner are Licensed in AZ. Owner has never occupied the property. Buyer to investigate property as deemed necessary. DO NOT DISTURB TENANTS - Drive By ONLY. Inspection of property ONLY upon accepted contract by Seller. Property is much nicer that other properties in the area (size, condition, floor plan, yard, storage). Rents & Expenses are as indicated. All values are subject to your operation of the property. Property has an on site laundry. Each Unit has a small back yard area & a storage unit. This is not a short sale. AGAIN DO NOT DISTURB TENANTS - Drive By ONLY. At the right price, other acceptable terms & with 40% Down Seller may consider a Carry-back.

Last Agent to Sell the Property

Richard Wood

R.L. Wood & Company, L.L.C License #BR003616000 Listed on: 07/15/2012

Last Buyer's Agent

Richard Wood

R.L. Wood & Company, L.L.C License #BR003616000 Listed on: 07/15/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,161

Year Built

  • Built in 1969

Lot Details

  • 0.38

Home Design

  • Wood Frame Construction
  • Composition Shingle Roof
  • Built-Up Roof
  • Stucco

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • Paved Parking
  • Assigned Parking

Schools

  • Orangewood Elementary School
  • Washington Elementary School - Phoenix High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Individual Gas Meter

Listing and Financial Details

  • Tenant pays for cable TV, electric, gas, sewer, trash, water
  • The owner pays for landscaping

Community Details

Overview

  • $4,373 per year Dock Fee
  • 5 Units
  • Building Dimensions are 90x180

Building Details

  • Insurance Expense $2,684

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,161

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: F/S Oven/Range, Refrigerator
  • Construction Finish: Painted, Stucco
  • Cross Street: Northern & 23rd Avenue (1st light E of I-17)
  • Floors: Carpet, Ceramic Tile, Concrete, Vinyl
  • Legal Info Lot Number: 51
  • Legal Info Range: 2E
  • Legal Info Section: 1
  • Legal Info Township: 2N
  • Other Type: House + Rental Units
  • Roads Streets: Asphalt, Curb(s) & Gutter(s), Dedicated Street, Sidewalk(s)
  • Property Type: F
  • Hundred Block: 7700
  • Legal Description Abbrev: VISTA INCOME ESTATES 2
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 9.00
  • Map Code Grid: N33
  • Year Built: 1969
  • Tax Year: 2011
  • Directions: 1st Light to East of I-17 is North 23rd Avenue, then South to Hayward (2 Blocks South of Northern on the N E C (2nd ST.). Do Not Disturb Tenants, Don't go on Property look from Street.
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Fire/Smoke Alarm(s), Unfurnished

Exterior Features

  • Exterior Amenities: Cable TV Available, Fenced, Green Landscaping, Landscape Wtr System, Partially Fenced, Pet Restrictions, Satellite Dish, Security Light(s), Separate Storage
  • Roofing: Built-Up, Comp Shingle
  • Construction: Frame - Wood, Slump Block

Garage/Parking

  • Parking: Assigned, Free, Paved Parking
  • Total Parking Spaces: 9.00

Utilities

  • Water: City Franchise, Individual Meter
  • Electric: Individual Meter, SRP
  • Gas: Individual Meter, SW Gas
  • Cooling: Ceiling Fan(s), Electric, Heat Pump, Individual
  • Heating: Individual, Natural Gas

Condo/Co-op/Association

  • Community Amenities: No Pool

Schools

  • Elementary School: Orangewood School
  • Middle School: Palo Verde Middle School
  • High School: Washington Elementary School - Phoenix
  • Elementary School: Orangewood School
  • High School: Washington Elementary School - Phoenix
  • Junior High School: Palo Verde Middle School

Lot Info

  • Lot Size: 90x180

Multi Family

  • Income And Expenses Adjusted Gross Inc: 38109.60
  • Income And Expenses Annual Elec Exp: 477.00
  • Income And Expenses Annual Gas Exp: 505.00
  • Income And Expenses Annual Ins Exp: 2684.00
  • Income And Expenses Annual Landscape Exp: 3241.00
  • Income And Expenses Annual Maint Exp: 2000.00
  • Income And Expenses Annual Mgmt Exp: 4200.00
  • Income And Expenses Annual Water Sewer Exp: 304.00
  • Income And Expenses Gross Annual Sch Inc: 42044.00
  • Income And Expenses Net Operating Income: 22342.00
  • Income And Expenses Other Income: 300.00
  • Income And Expenses Totl Mnth Rntal Inc: 3435.00
  • Income And Expenses Vacancy Allowance: 0.10
  • Number Of Three Bedroom Units: 1
  • Number Of Two Bedroom Units: 4
  • Owner Pays: Landscaping
  • Tenant Pays: Cable TV, Electric, Gas, Sewer, Trash, Water
  • Three Bedroom Units Avg Rent: 825.00
  • Three Bedroom Units Avg Sq Ft: 1491
  • Three Bedroom Units Baths: 175
  • Total Numberof Buildings: 3
  • Total Numberof Units: 5.00
  • Two Bedroom Units Avg Rent: 652.50
  • Two Bedroom Units Avg Sq Ft: 880
  • Two Bedroom Units Baths: 125

Tax Info

  • Taxes: 4372.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2014
Sold by
Perfect Storm Real Estate Investments Ll
Bought by
Lucky Charm 3 Llc
Current Estimated Value
$737,265

Purchase Details

Listed on
Jul 15, 2012
Closed on
Aug 13, 2012
Sold by
Mbp Pinancial Llc
Bought by
Perfect Storm Real Estate Investments Ll
Seller's Agent
Richard Wood
R.L. Wood & Company, L.L.C
Buyer's Agent
Richard Wood
R.L. Wood & Company, L.L.C
List Price
$219,000
Sold Price
$220,000
Premium/Discount to List
$1,000
0.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$43,612
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 2012
Sold by
Dosal Sandra T
Bought by
Mbp Financial Llc

Purchase Details

Closed on
May 10, 2011
Sold by
Dosal Sandra T
Bought by
Het Properties Llc

Purchase Details

Closed on
Feb 5, 2008
Sold by
Het Properties Llc
Bought by
Dosal Sandra T

Purchase Details

Closed on
Jan 24, 2005
Sold by
Dosal Sandra T
Bought by
Het Llc

Purchase Details

Closed on
Sep 23, 2002
Sold by
Enright Thomas J and Enright Patricia A
Bought by
Dosal Sandra T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 1998
Sold by
Sankovich John Michael and Sankovich Thomas Samuel
Bought by
Enright Thomas J and Enright Patricia A
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
Lucky Charm 3 Llc -- Accommodation
Perfect Storm Real Estate Investments Ll $219,000 Security Title Agency
Mbp Financial Llc $195,000 Security Title Agency
Het Properties Llc -- None Available
Dosal Sandra T -- Fidelity National Title
Het Llc -- --
Dosal Sandra T $325,000 Fidelity National Title
Enright Thomas J $160,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucky Charm 3 Llc $841,000
Closed Lucy Charm 3 Llc $308,000
Closed Lucky Charm 3 Llc $225,000
Previous Owner Perfect Storm Real Estate Investments Ll $43,612
Previous Owner Perfect Storm Real Estate Investments Ll $140,000
Previous Owner Dosal Sandra T $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold $220,000 +0.5% $1 / Sq Ft
07/27/2012 07/27/12 Pending -- -- --
07/15/2012 07/15/12 For Sale $219,000 -- $1 / 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 $2,161 $17,672 -- --
2024 $2,122 $16,831 -- --
2023 $2,122 $66,770 $13,350 $53,420
2022 $2,053 $45,330 $9,060 $36,270
2021 $2,079 $42,280 $8,450 $33,830
2020 $2,028 $40,630 $8,120 $32,510
2019 $1,990 $32,050 $6,410 $25,640
2018 $1,938 $26,800 $5,360 $21,440
2017 $1,928 $24,760 $4,950 $19,810
2016 $1,893 $22,650 $4,530 $18,120
2015 $1,753 $19,010 $3,800 $15,210
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Richard Wood

    R.L. Wood & Company, L.L.C

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4789240

Arizona Regional Multiple Listing Service (ARMLS)

APN: 157-21-058

Arizona Maricopa County Phoenix 85021 Alhambra

2248 W Hayward Ave, Phoenix, AZ

This home is located at 2248 W Hayward Ave, Phoenix, AZ 85021 since 15 July 2012 and is currently estimated at $737,265, approximately $1 per square foot. This property was built in 1969. 2248 W Hayward Ave is a home located in Maricopa County with nearby schools including Orangewood School, Washington High School, and SC Jensen Online.

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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