NOT LISTED FOR SALE

2331 E Pueblo Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $541,000 - $789,005

8 Beds
-- Bath
2,960 Sq Ft
$218/Sq Ft Est. Value

Sale Details

Date Sold: January 9, 2020

Last sale price $505,000 $171 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,577 / mo

76 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of January 2020

This is a REAL W/ALL Expenses an 7.87% CAP Rate with all of the correct numbers in. Excellent investment opportunity! Tenants even pay the water-sewer-trash. Quality remodel-how often do you have new electric, new pipes, new hot water heaters, new air-conditioners, new stackable washer and dryers, new cabinets, new bathtubs and tile surround along with new flooring and much more! Look in the Document Tab for info. Drive by only and no interior viewings without an accepted contract.Buyer to verify all facts and figures.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 10/05/2019

Last Buyer's Agent

Corey Condit

eXp Realty License #BR584884000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1961

Lot Details

  • 7,318

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Assigned Parking

Schools

  • Roosevelt Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV
  • The owner pays for landscaping
  • Tax Lot 5
  • Assessor Parcel Number 122-35-059

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7,318
  • Alicia 3 Subdivision

Building Details

  • Operating Expense $6,746
  • Gross Income $49,885
  • Net Operating Income $42,915

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,056

Year Built

Built in 1961

Lot Details

7,318 Sq Ft Lot

Listing Details

  • Cross Street: 24TH Street and Broadway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1961
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3189.0
  • Subdivision Name: ALICIA 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes

Schools

  • Elementary School: Roosevelt Elementary School

Lot Info

  • Lot Size: 7,318
  • Additional Parcels: No
  • Parcel #: 122-35-059

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 49885.16
  • Insurance Expense: 1301.0
  • Maintenance Expense: 900.0
  • Property Net Operating Income: 42915.0
  • Annual Operating Expense: 6746.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1056.0
  • Tax Book Number: 122.00
  • 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

Closed on
Jun 7, 2023
Sold by
Bought by
Current Estimated Value
$644,251

Purchase Details

Closed on
Aug 3, 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
$11,200
Interest Rate
0.0546%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 1995
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 Listed On Document
$14,000 First American Title Ins 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
Previous Owner $42,250
Previous Owner $11,200
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 Prior Sale
01/09/2020 01/09/20 Sold $505,000 -7.3% $171 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
11/05/2019 11/05/19 Price Changed $545,000 -6.8% $184 / Sq Ft
10/04/2019 10/04/19 For Sale $585,000 +200.0% $198 / Sq Ft
04/14/2017 04/14/17 Sold $194,990 0.0% $66 / Sq Ft View Prior Sale
02/27/2017 02/27/17 Price Changed $194,990 -2.5% $66 / Sq Ft
10/12/2016 10/12/16 For Sale $199,900 +112.7% $68 / Sq Ft
04/03/2013 04/03/13 Sold $94,000 0.0% $127 / Sq Ft View Prior Sale
01/16/2013 01/16/13 Pending -- -- --
04/23/2012 04/23/12 For Sale $94,000 -- $127 / 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 $481 $3,558
2024 $454 $3,388
2023 $454 $5,790 $3,620 $2,170
2022 $445 $5,180 $3,200 $1,980
2021 $459 $4,670 $2,660 $2,010
2020 $453 $4,020 $1,990 $2,030
2019 $438 $3,780 $1,490 $2,290
2018 $425 $3,710 $1,400 $2,310
2017 $396 $2,730 $1,370 $1,360
2016 $376 $2,630 $1,250 $1,380
2015 $349 $2,680 $1,310 $1,370
Source: Public Records

Agents Affiliated with this Home

  • Linda Gerchick

    Seller's Agent in 2020

    Linda Gerchick

    Gerchick Real Estate

    (602) 688-9279

    2 in this area

    96 Total Sales

    Linda Gerchick
    Section Image
  • Corey Condit

    Buyer's Agent in 2020

    Corey Condit

    eXp Realty

    (480) 720-7649

    16 Total Sales

    Corey Condit
    Section Image
  • Brenton Fernandez

    Seller's Agent in 2017

    Brenton Fernandez

    DPR Realty

    (480) 512-2743

    9 Total Sales

    Brenton Fernandez
    Section Image

  • J

    Buyer's Agent in 2017

    Julie Anderson

    The Local Home Hunters

    Section Image
  • Diane Smith

    Seller's Agent in 2013

    Diane Smith

    Castle Rock Properties, Inc.

    (480) 577-8217

    22 Total Sales

    Diane Smith
    Section Image

  • J

    Buyer's Agent in 2013

    Jennifer Ronning

    eXp Realty

    (480) 250-2581

    41 Total Sales

    Jennifer Ronning
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5987744

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-35-059

Arizona Maricopa County Phoenix 85040 South Mountain

2331 E Pueblo Ave, Phoenix, AZ

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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