NOT LISTED FOR SALE

2419 W Devonshire Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $530,000 - $915,000

4 Beds
6 Baths
-- Sq Ft
0.38 Acres

Last Sold December 30, 2016

Last sale price $320,000

Est. 140% increase in value since last sale

Current estimated payment $4,217/month

113 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of December 2016

Fantastic unit mix with a newer 3 bedroom home with washer/dryer hookup in rear shed + 5 apartments!**100% OCCUPIED*** SELLER CARRY OPPORTUNITY** There is also a coin washer and dryer that are at the rear of the studio that can serve the rear 5plex*** Ceramic tile and glass top self-cleaning stoves IN ALL UNITS for quick turns.**** Tenants pay electric – no gas here! Owner pays for the laundry electric and of course water/trash. The home was built in 1979 and the block apartments were built in 1954 – solid block! Seller prefers to carry the note w/ 35% down payment** Buyer to verify all items during the due diligence period.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 08/22/2016

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Mark Skelpsa

HomeSmart Realty License #SA642313000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,381

Year Built

  • Built in 1954

Lot Details

  • 0.38

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Wood Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 14
  • Assessor Parcel Number 154-28-029

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Building Dimensions are irr
  • Fruitland Acres 9 11, 13 16 Subdivision

Building Details

  • Gross Income $38,760
  • Net Operating Income $24,796

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,381

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: 23rd Ave/Indian School
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Year Built: 1954
  • Tax Year: 2016
  • Directions: North on 23rd Ave, west on Devonshire to property. Property is on south side of the road. East of I-17 freeway in nice quiet neighborhood.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2713.0
  • Subdivision Name: FRUITLAND ACRES 9-11, 13-16
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Heat Pump, Electric, Wall/Window Unit(s)
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3200.0

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 154-28-029

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 6
  • Electric Expense: 400.0
  • Annual Gross Income: 38760.0
  • Insurance Expense: 3504.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 24796.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1381.0
  • Tax Book Number: 154.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2022
Sold by
Gloria Castejon
Bought by
Heavens And Earth Llc
Current Estimated Value
$767,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Outstanding Balance
$273,553
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$493,998

Purchase Details

Listed on
Aug 22, 2016
Closed on
Jan 31, 2017
Sold by
Castejon Luis
Bought by
Castejon Gloria
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Mark Skelpsa
HomeSmart Realty
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$208,000
Interest Rate
4.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 26, 2001
Sold by
Meisinger Properties Llc
Bought by
Principle Associates Llc

Purchase Details

Closed on
Feb 16, 2001
Sold by
Meisinger Sandra K
Bought by
Meisinger Chris A

Purchase Details

Closed on
Nov 9, 1998
Sold by
Trans Terra Investments Llc
Bought by
Absolute Industries Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,400
Interest Rate
6.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 8, 1998
Sold by
Hhg Enterprises
Bought by
Transterra Investments Llc
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
Heavens And Earth Llc -- --
Castejon Gloria -- Chicago Title Agency Inc
Castejon Gloria $320,000 Chicago Title Agency Inc
Suburban Living Llc -- Chicago Title Agency
Principle Associates Llc -- --
Meisinger Chris A -- Lawyers Title Of Arizona Inc
Meisinger Chris A $194,000 Lawyers Title Of Arizona Inc
Absolute Industries Llc $95,000 Security Title Agency
Transterra Investments Llc -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heavens And Earth Llc $294,000
Previous Owner Castejon Gloria $208,000
Previous Owner Absolute Industries Llc $8,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2016 12/30/16 Sold $320,000 -2.7% --
12/12/2016 12/12/16 Pending -- -- --
10/25/2016 10/25/16 Price Changed $329,000 -1.5% --
10/12/2016 10/12/16 Price Changed $334,000 -1.5% --
09/19/2016 09/19/16 Price Changed $339,000 -1.5% --
09/11/2016 09/11/16 Price Changed $344,000 -1.4% --
08/21/2016 08/21/16 For Sale $349,000 -- --
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 $1,763 $12,272 -- --
2024 $1,771 $11,687 -- --
2023 $1,771 $47,130 $9,420 $37,710
2022 $1,744 $34,130 $6,820 $27,310
2021 $1,760 $28,600 $5,720 $22,880
2020 $1,692 $24,860 $4,970 $19,890
2019 $1,671 $21,210 $4,240 $16,970
2018 $1,543 $18,250 $3,650 $14,600
2017 $1,524 $15,560 $3,110 $12,450
2016 $1,460 $12,810 $2,560 $10,250
2015 $1,381 $11,330 $2,260 $9,070
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • M

    Buyer's Agent in 2016

    Mark Skelpsa

    HomeSmart Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5487121

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-28-029

Arizona Maricopa County Phoenix 85015 Alhambra

2419 W Devonshire Ave, Phoenix, AZ

This home is located at 2419 W Devonshire Ave, Phoenix, AZ 85015 since 22 August 2016 and is currently estimated at $767,551. This property was built in 1954. 2419 W Devonshire Ave is a home located in Maricopa County with nearby schools including Westwood Primary School, Choice Learning Academy, 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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