NOT LISTED FOR SALE

2417 W Montebello Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $339,000 - $346,000

2 Beds
2 Baths
1,285 Sq Ft
$267/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $334,000 $260 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,907/month

119 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of February 2013

This is not a bank or short sale, owner says, sell it fast! BIG POTENTIAL packaged deal sold with 3 parcels 2417, 2421 and 2425 w Montebello, fully rented , TOTAL GROSS RENTS 5130.00 MO. See document tab for details on operating expenses
Remolded in 2009, could be used as a group home2417 - 2 houses attached 2/2 plus a studio, remodeled in 2009, new roof in 2011 washer dryer hook-up
2421 - - 2 houses attached 1- 4/2 with large utility room could be another bedroom , 2- 1/1 both units remodeled in 2009, new roof in 2011 washer dryer hook-up 2425 - - 4- plex 4/2 , total 8 bedrooms 8 bathrooms all units remodeled in 2009, this one needs new roof seller willing to do an escrow hold back and will have his team do the new roof after COE washer dryer hook-up

Last Agent to Sell the Property

Barbara Johnson

Geneva Real Estate and Investments License #SA581809000 Listed on: 05/29/2012

Last Buyer's Agent

Barbara Johnson

Geneva Real Estate and Investments License #SA581809000 Listed on: 05/29/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $708

Year Built

  • Built in 1949

Lot Details

  • Additional Parcels

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Paved Parking

Schools

  • Cordova Primary Elementary School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot lot 5
  • Assessor Parcel Number 153-11-021

Community Details

Overview

  • 3 Buildings
  • Building Dimensions are 10,001 - 12,500
  • Bethany Homes Plat 2 Subdivision

Building Details

  • Operating Expense $708
  • Net Operating Income $3,666

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$708

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Cross Street: Camelback Rd and I-17 Frontage Rd
  • Property Type: Multiple Dwellings
  • Zoning: R6
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1949
  • Tax Year: 2011
  • Directions: Camelback Rd, North of I-17 Frontage Rd to Montebello Ave, Right onto Montebello, property on South side.
  • Road Surface Type: Asphalt
  • Subdivision Name: Bethany Homes Plat 2
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), Paved Parking, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks, Irrigation
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Cordova Primary School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 10,001 - 12,500
  • Additional Parcels: Yes
  • Parcel #: 153-11-021

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Property Net Operating Income: 3666.0
  • Annual Operating Expense: 708.0

Tax Info

  • Tax Annual Amount: 708.0
  • Tax Book Number: 153.00
  • Tax Lot: lot 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2017
Sold by
Scannell Sean A
Bought by
Saal Andrea
Current Estimated Value
$342,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Outstanding Balance
$298,280
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$44,387

Purchase Details

Closed on
Jun 23, 2016
Sold by
Scannell Sean
Bought by
Scannell Sean A and Scannell Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2016
Sold by
Scannell Sean A
Bought by
Scannell Sean A and The Scannell Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2012
Closed on
Jan 17, 2013
Sold by
Desert Rose 07 Llc
Bought by
Scannell Sean
Seller's Agent
Barbara Johnson
Geneva Real Estate and Investments
Buyer's Agent
Barbara Johnson
Geneva Real Estate and Investments
List Price
$500,000
Sold Price
$334,000
Premium/Discount to List
-$166,000
-33.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.20%
Original Mortgage
$45,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
Rose Dennis
Bought by
Desert Rose 07 Llc

Purchase Details

Closed on
Jan 15, 2010
Sold by
Rose Marjorie
Bought by
Rose Dennis

Purchase Details

Closed on
Dec 9, 2009
Sold by
Moody Mike
Bought by
Rose Dennis

Purchase Details

Closed on
Jul 8, 2004
Sold by
Stacey Robert
Bought by
Robo Enterprises Llc

Purchase Details

Closed on
Mar 22, 2004
Sold by
Stacey Dena
Bought by
Stacey Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2004
Sold by
Eighteen Investments Inc
Bought by
Stacey Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2003
Sold by
Dunn Rocky G and Dunn Patricia A Olsson
Bought by
Eighteen Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,828
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 1995
Sold by
Serro Amelia M
Bought by
Dunn Rocky G and Dunn Patricia A Olsson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.63%
Mortgage Type
Seller Take Back
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
Saal Andrea $545,000 Chicago Title Agency Inc
Scannell Sean A -- Placer Title Company
Scannell Sean -- Placer Title Company
Scannell Sean A -- None Available
Scannell Sean $79,000 Dhi Title Agency
Desert Rose 07 Llc -- Accommodation
Rose Dennis -- Empire West Title Agency
Rose Dennis $29,000 Sterling Title Agency Llc
Moody Mike $26,000 Sterling Title Agency Llc
Stacey Robert G -- Sterling Title Agency Llc
Stacey Robert G -- Sterling Title Agency Llc
Robo Enterprises Llc -- Sterling Title Agency Llc
Robo Enterprises Llc -- --
Stacey Robert G -- Fidelity National Title
Stacey Robert G $92,700 Fidelity National Title
Eighteen Investments Inc $81,000 Fidelity National Title
Dunn Rocky G $225,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saal Andrea $357,000
Previous Owner Scannell Sean $74,200
Previous Owner Scannell Sean $45,000
Previous Owner Stacey Robert G $92,700
Previous Owner Stacey Robert G $92,700
Previous Owner Eighteen Investments Inc $81,828
Previous Owner Dunn Rocky G $214,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $334,000 -33.2% $260 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
05/29/2012 05/29/12 For Sale $500,000 -- $389 / 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 $1,083 $7,543 -- --
2024 $1,089 $7,183 -- --
2023 $1,089 $25,980 $5,190 $20,790
2022 $1,072 $18,520 $3,700 $14,820
2021 $1,082 $17,080 $3,410 $13,670
2020 $1,040 $13,830 $2,760 $11,070
2019 $1,027 $11,080 $2,210 $8,870
2018 $948 $9,800 $1,960 $7,840
2017 $936 $8,620 $1,720 $6,900
2016 $897 $8,350 $1,670 $6,680
2015 $849 $7,500 $1,500 $6,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4766279

Arizona Regional Multiple Listing Service (ARMLS)

APN: 153-11-021