Javier Cota
Play Realty
(623) 526-7202
51 Total Sales
2 in Alhambra
$250K - $418K Price Range
2414 W Devonshire Ave Phoenix, AZ 85015
Alhambra Neighborhood
24
Beds
--
Bath
1,420
Sq Ft
1964
Built
Highlights
- Community Barbecue Grill
- Ceramic Tile Flooring
- Heat Pump System
- Phoenix Coding Academy Rated A
- Central Air
About This Home
As of June 2017Devonshire Apartments is a low density single-level block constructed
apartment property in a garden-style setting. Key componentry of single metering, block construction and pitched roofs make this nicely
maintained asset an ideal income producer for the investor. Unit mix consists of eight 1-bed/1-bath units of approximately 630 SF, six 2-bed/1-bath units of approximately 720 SF and two 2-bed/1-bath units of approximately 840 SF. Residents also enjoy covered parking and an on-site laundry facility. Recent capital improvements to the property include new roofs for all 5 buildings, 12
new HVAC units, and new flooring in some of the units. The property is
currently 100% occupied with below market rents. There is upside in the
rents of $25-$50 through minor upgrades to the property.
Last Agent to Sell the Property
Scott Trevey
REI Marketing License #SA539099000 Listed on: 03/05/2017
Last Buyer's Agent
Scott Trevey
REI Marketing License #SA539099000 Listed on: 03/05/2017
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,300
Year Built
- Built in 1964
Home Design
- Brick Exterior Construction
- Composition Roof
- Block Exterior
Flooring
- Carpet
- Concrete
- Ceramic Tile
- Vinyl
Parking
- 4 Open Parking Spaces
- 20 Parking Spaces
- 16 Covered Spaces
- Common or Shared Parking
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for water, sewer, landscaping
- Tax Lot 13
- Assessor Parcel Number 154-28-023
Community Details
Overview
- 5 Buildings
- 16 Units
- Building Dimensions are irregular
- Fruitland Acres 9 11, 13 16 Subdivision
Amenities
- Community Barbecue Grill
Building Details
- Operating Expense $36,704
- Gross Income $13,526
- Net Operating Income $85,995
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
Sep 20, 2021
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
$1,196,250
Outstanding Balance
$1,066,918
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 30, 2021
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
$730,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Mar 5, 2017
Closed on
Jun 7, 2017
Sold by
Bought by
Seller's Agent
Scott Trevey
REI Marketing
Buyer's Agent
Scott Trevey
REI Marketing
List Price
$1,079,000
Sold Price
$1,000,000
Premium/Discount to List
-$79,000
-7.32%
Purchase Details
Listed on
Jun 21, 2016
Closed on
Aug 30, 2016
Sold by
Bought by
Seller's Agent
Scott Trevey
REI Marketing
Buyer's Agent
Scott Trevey
REI Marketing
List Price
$889,000
Sold Price
$780,000
Premium/Discount to List
-$109,000
-12.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.08%
Original Mortgage
$135,000
Interest Rate
3.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 26, 2016
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
$550,400
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 14, 2016
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
$550,400
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 15, 2011
Sold by
Bought by
Purchase Details
Closed on
Jul 25, 2011
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
$150,000
Interest Rate
4.46%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 13, 2004
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
$420,000
Interest Rate
6.31%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 25, 2004
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
$420,000
Interest Rate
6.31%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 19, 2002
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
$364,000
Interest Rate
6.84%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 19, 1996
Sold by
Bought by
Purchase Details
Closed on
Aug 28, 1995
Sold by
Bought by
Purchase Details
Closed on
Jun 15, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Alhambra, AZ
-
Javier Cota
-
Ed Drummond
Ed Drummond
Capstone Realty Professionals
(480) 680-7809
95 Total Sales
3 in Alhambra
$320K - $950K Price Range
-
Julie Goldammer
Julie Goldammer
DF
(623) 432-0820
23 Total Sales
1 in Alhambra
$340,000 Price
-
David Mendel
David Mendel
eXp Realty
(888) 586-2019
90 Total Sales
1 in Alhambra
$345,000 Price
-
Jobey Frank
Jobey Frank
Realty ONE Group
(623) 900-1395
178 Total Sales
4 in Alhambra
$373K - $835K Price Range
-
Allison Bourn
Allison Bourn
Revinre
(877) 589-9685
60 Total Sales
1 in Alhambra
$295,800 Price
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 |
|---|---|---|---|
| -- | Chicago Title | ||
| $2,175,000 | Chicago Title Agency Inc | ||
| $1,000,000 | American Title Service Agenc | ||
| $780,000 | American Title Svc Agency Ll | ||
| $688,000 | American Title Svc Agency Ll | ||
| $585,000 | American Title Svc Agency Ll | ||
| -- | Magnus Title Agency | ||
| $300,000 | Magnus Title Agency | ||
| -- | Lawyers Title Ins | ||
| -- | Lawyers Title Ins | ||
| $520,000 | First American Title Ins Co | ||
| $340,000 | Ati Title Agency Of Az Inc | ||
| -- | -- | ||
| $210,000 | United Title Agency |
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 | $1,196,250 | ||
| Previous Owner | $730,000 | ||
| Previous Owner | $135,000 | ||
| Previous Owner | $560,000 | ||
| Previous Owner | $550,400 | ||
| Previous Owner | $84,800 | ||
| Previous Owner | -- | ||
| Previous Owner | $150,000 | ||
| Previous Owner | $420,000 | ||
| Previous Owner | $364,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/09/2017 06/09/17 | Sold | $1,000,000 | -7.3% | $704 / Sq Ft | |
| 04/24/2017 04/24/17 | Pending | -- | -- | -- | |
| 03/05/2017 03/05/17 | For Sale | $1,079,000 | +38.3% | $760 / Sq Ft | |
| 08/31/2016 08/31/16 | Sold | $780,000 | -9.2% | $549 / Sq Ft | View Prior Sale |
| 08/12/2016 08/12/16 | Pending | -- | -- | -- | |
| 07/22/2016 07/22/16 | Price Changed | $859,000 | -3.4% | $605 / Sq Ft | |
| 06/21/2016 06/21/16 | For Sale | $889,000 | -- | $626 / 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 | $5,717 | $36,160 | ||
| 2024 | $5,219 | $34,438 | ||
| 2023 | $5,219 | $196,370 | $39,270 | $157,100 |
| 2022 | $5,139 | $149,930 | $29,980 | $119,950 |
| 2021 | $5,187 | $139,320 | $27,860 | $111,460 |
| 2020 | $4,986 | $79,400 | $15,880 | $63,520 |
| 2019 | $4,925 | $67,780 | $13,550 | $54,230 |
| 2018 | $4,547 | $65,550 | $13,110 | $52,440 |
| 2017 | $4,490 | $48,120 | $9,620 | $38,500 |
| 2016 | $4,300 | $32,180 | $6,430 | $25,750 |
| 2015 | $4,070 | $24,020 | $4,800 | $19,220 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2017
Scott Trevey
REI Marketing
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5571326
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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