Seller's Agent in 2015
Susan Jordan
West USA Realty
(480) 628-7023
6 Total Sales
2301 E Yale St Phoenix, AZ 85006
Central City NeighborhoodEstimated Value: $364,653 - $434,000
Studio
2
Baths
976
Sq Ft
$411/Sq Ft
Est. Value
Highlights
- RV or Boat Parking
- Ceramic Tile Flooring
- Central Heating and Cooling System
- Phoenix Coding Academy Rated A
About This Home
As of October 2015HUGE PRICE REDUCTION!!! CALLING ALL INVESTORS AND/OR ALL BUYERS WANTING TO HAVE HELP PAYING THEIR MORTGAGE!!! A Single-family main house up front that is 976 sq ft w/3 beds & 1 full bath, & private fenced yard. The guest house is completely separate with 880 sq. ft. & 1 bedroom & 1 full bath plus it's own covered carport & storage area. Both houses have their own street frontage & their own private driveways. There is also an RV gate in between the two homes for extra parking. This IS an excellent income property or would be great for a person to buy & live in the main house & rent out the guest house to help cover their mortgage. Look at the 9% current CAP RATE for your investors & with the Current Rents Below The Market Rents..This GREAT Income Property Could Easily have a 10+% CAP RATE Main house rents for $775 and Guest House rents for $550. Both are long term, excellent tenants & these are. BELOW current market rental rates!!! Both tenants are NOW month to month. Owner ONLY pays water, sewer and trash.
Last Agent to Sell the Property
West USA Realty License #BR523533000 Listed on: 04/16/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $575
Year Built
- Built in 1940
Lot Details
- 6,142
Home Design
- Wood Frame Construction
- Composition Roof
- Siding
Flooring
- Carpet
- Ceramic Tile
Parking
- 3 Open Parking Spaces
- 4 Parking Spaces
- 1 Covered Space
- Common or Shared Parking
- Free Parking
- Paved Parking
- On-Street Parking
- RV or Boat Parking
Schools
- Creighton Elementary School
- Camelback High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Master Water Meter
Listing and Financial Details
- Tenant pays for gas, electricity, cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 2301
- Assessor Parcel Number 117-08-160
Community Details
Overview
- 2 Buildings
- 2 Units
- Building Dimensions are 6120
Building Details
- Operating Expense $2,515
- Net Operating Income $13,385
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
Apr 16, 2015
Closed on
Oct 22, 2015
Sold by
Bought by
Seller's Agent
Susan Jordan
West USA Realty
Buyer's Agent
Darlene Watson
Barrett Real Estate
List Price
$180,000
Sold Price
$143,200
Premium/Discount to List
-$36,800
-20.44%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,213
Avg. Annual Appreciation
10.03%
Original Mortgage
$114,560
Interest Rate
0.0385%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2011
Sold by
Bought by
Purchase Details
Closed on
May 6, 2011
Sold by
Bought by
Purchase Details
Closed on
Aug 15, 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
$159,600
Interest Rate
0.03%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Oct 27, 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
$66,000
Interest Rate
0.0594%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $143,200 | Security Title Agency Inc | ||
| -- | None Available | ||
| $50,000 | North American Title Company | ||
| $199,500 | Fidelity National Title | ||
| -- | Chicago Title Insurance Co |
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 |
|---|---|---|---|
| Open | $100,000 | ||
| Open | $260,937 | ||
| Closed | $136,000 | ||
| Closed | $114,560 | ||
| Previous Owner | $159,600 | ||
| Previous Owner | $66,000 |
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 |
|---|---|---|---|---|
| 10/26/2015 10/26/15 | Sold | $143,200 | -20.4% | $147 / Sq Ft |
| 09/19/2015 09/19/15 | Pending | -- | -- | -- |
| 04/16/2015 04/16/15 | For Sale | $180,000 | -- | $184 / 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 | $715 | $5,982 | ||
| 2024 | $679 | $5,697 | ||
| 2023 | $679 | $30,470 | $6,090 | $24,380 |
| 2022 | $650 | $23,680 | $4,730 | $18,950 |
| 2021 | $674 | $20,620 | $4,120 | $16,500 |
| 2020 | $657 | $18,730 | $3,740 | $14,990 |
| 2019 | $653 | $15,660 | $3,130 | $12,530 |
| 2018 | $639 | $14,380 | $2,870 | $11,510 |
| 2017 | $613 | $11,710 | $2,340 | $9,370 |
| 2016 | $588 | $8,720 | $1,740 | $6,980 |
| 2015 | $617 | $7,400 | $1,480 | $5,920 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Jordan
-
Darlene Watson
Buyer's Agent in 2015
Darlene Watson
Barrett Real Estate
(602) 628-4448
73 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5266612
APN: 117-08-160
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
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