NOT LISTED FOR SALE

2318 N Dayton St Phoenix, AZ 85006

Coronado Neighborhood

Estimated Value: $630,000 - $690,000

2 Beds
1 Bath
1,766 Sq Ft
$369/Sq Ft Est. Value

Last Sold February 13, 2017

Last sale price $357,000 $202 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,731/month

69 Days on Market

Highlights

  • Wood Flooring
  • Heated Community Pool
  • Heating Available
  • Emerson Elementary School Rated 9+
  • Cooling Available

About This Home

As of February 2017

Triplex in Coronado Historic District! CASH FLOW! 6 % cap rate. Main house has super cool two tone brick. It’s a 2/1 with original wood floors. Your renters will love the front porch and the grassy fenced yard! Front home has off street parking for tenant. Rental demand in Coronado is off the charts. Everything rents super-fast for @ $1.50/ ft. and up. Two more units in back, one up, one down. Electric is all separately metered and paid by tenants. Tenants in main house and unit two pay for separately metered gas. Gas in unit three paid by owner as it is connected to shared laundry, but property has 3 gas meters. Master water meter. Your renters will want these units! Front home and back units have good bones and system updates over the years. This is a money maker.

Last Agent to Sell the Property

Patrick Jordan

Coldwell Banker Realty License #SA647004000 Listed on: 10/28/2016

Last Buyer's Agent

Fabian Torres

A.Z. & Associates License #SA653654000

A.Z. & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,882

Year Built

  • Built in 1915

Lot Details

  • 5,663

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for gas, trash collection, water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 117-27-140

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 50' X 135''
  • Leas Sub. Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $5,920
  • Gross Income $26,790
  • Net Operating Income $22,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,882

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: Thomas and 7th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3 Multi Family
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1915
  • Tax Year: 2016
  • Directions: East on Thomas to Dayton. South on Dayton to address.
  • Road Surface Type: Asphalt
  • Subdivision Name: LEAS SUB.
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Brick, Frame - Wood
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Community Amenities:Pool2: Yes

Fee Information

  • Annual Fuel Expense: 264.0
  • Annual Water Sewer Expense: 1920.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 50' X 135''
  • Additional Parcels: No
  • Parcel #: 117-27-140

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 26790.0
  • Insurance Expense: 719.0
  • Maintenance Expense: 1135.0
  • Property Net Operating Income: 22280.0
  • Annual Operating Expense: 5920.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1882.0
  • Tax Book Number: 117.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2016
Closed on
Feb 3, 2017
Sold by
Tepe Llc
Bought by
Ramirez Samuel
Seller's Agent
Patrick Jordan
Coldwell Banker Realty
Buyer's Agent
Fabian Torres
A.Z. & Associates
List Price
$375,000
Sold Price
$357,000
Premium/Discount to List
-$18,000
-4.8%
Current Estimated Value
$652,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,525
Avg. Annual Appreciation
7.25%
Original Mortgage
$357,000
Interest Rate
4.32%
Mortgage Type
VA

Purchase Details

Listed on
Nov 17, 2015
Closed on
Jan 5, 2016
Sold by
Selles Oscar
Bought by
Tepe Llc
Seller's Agent
Barry Witherwax
DPR Realty LLC
Buyer's Agent
Justin Anderson
HomeSmart
List Price
$309,900
Sold Price
$300,000
Premium/Discount to List
-$9,900
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.30%

Purchase Details

Closed on
Jul 30, 2003
Sold by
Lerma David A
Bought by
Selles Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
6.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 11, 1999
Sold by
Rios Sonia
Bought by
Selles Oscar

Purchase Details

Closed on
Jun 5, 1998
Sold by
Rios Sonia
Bought by
Selles Oscar

Purchase Details

Closed on
Oct 10, 1995
Sold by
Alberty Jack L and Alberty Mary A
Bought by
Lerma David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
7.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 28, 1976
Sold by
Smith Richard C and Lyman Dorothy L
Bought by
Eighmey Keith R and Eighmey Bertha M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ramirez Samuel $357,000 Empire West Title Agency
Tepe Llc $300,000 Pioneer Title Agency Inc
Selles Oscar $88,000 Security Title Agency
Selles Oscar -- Fiesta Title & Escrow Agency
Selles Oscar -- Transnation Title Insurance
Lerma David A $45,000 Old Republic Title Agency
Eighmey Keith R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Samuel $388,500
Closed Ramirez Samuel $394,700
Closed Ramirez Samuel $400,000
Closed Ramirez Samuel $357,000
Previous Owner Tepe Llc $287,771
Previous Owner Selles Oscar $184,000
Previous Owner Selles Oscar $105,119
Previous Owner Selles Oscar $70,400
Previous Owner Lerma David A $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2017 02/13/17 Sold $357,000 0.0% $202 / Sq Ft
12/30/2016 12/30/16 Rented $1,100 0.0% --
12/14/2016 12/14/16 Price Changed $1,100 0.0% $1 / Sq Ft
12/12/2016 12/12/16 Price Changed $369,000 -1.3% $209 / Sq Ft
12/01/2016 12/01/16 Price Changed $374,000 0.0% $212 / Sq Ft
11/29/2016 11/29/16 For Rent $1,200 0.0% --
10/28/2016 10/28/16 For Sale $375,000 +25.0% $212 / Sq Ft
01/12/2016 01/12/16 Sold $300,000 -3.2% $170 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
11/16/2015 11/16/15 For Sale $309,900 -- $175 / 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 $2,108 $15,761 -- --
2024 $2,087 $15,011 -- --
2023 $2,087 $50,750 $10,150 $40,600
2022 $2,013 $37,870 $7,570 $30,300
2021 $1,998 $33,910 $6,780 $27,130
2020 $2,021 $26,420 $5,280 $21,140
2019 $2,018 $23,250 $4,650 $18,600
2018 $1,983 $18,530 $3,700 $14,830
2017 $1,937 $18,030 $3,600 $14,430
2016 $1,882 $15,230 $3,040 $12,190
2015 $1,741 $16,170 $3,230 $12,940
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Patrick Jordan

    Coldwell Banker Realty

    Section Image

  • F

    Buyer's Agent in 2017

    Fabian Torres

    A.Z. & Associates Real Estate Group

    (480) 685-2760

    42 Total Sales

    Fabian Torres
    Section Image
  • Jacob Chapman

    Seller's Agent in 2016

    Jacob Chapman

    Realty85

    (602) 502-3008

    123 Total Sales

    Jacob Chapman
    Section Image
  • Barry Witherwax

    Seller's Agent in 2016

    Barry Witherwax

    DPR Realty

    (480) 250-5900

    65 Total Sales

    Barry Witherwax
    Section Image
  • D. Scott Stokes

    Buyer's Agent in 2016

    D. Scott Stokes

    West USA Realty

    15 Total Sales

    D. Scott Stokes
    Section Image

  • J

    Buyer's Agent in 2016

    Justin Anderson

    HomeSmart

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5518170

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-27-140

Arizona Maricopa County Phoenix 85006 Coronado

2318 N Dayton St, Phoenix, AZ

This home is located at 2318 N Dayton St, Phoenix, AZ 85006 since 28 October 2016 and is currently estimated at $652,525, approximately $369 per square foot. This property was built in 1915. 2318 N Dayton St is a home located in Maricopa County with nearby schools including Emerson Elementary School, North 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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