NOT LISTED FOR SALE

2423 W Devonshire Ave Unit 1 and 2 Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $331,000 - $368,168

3 Beds
2 Baths
1,424 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $200,000 $140 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,993/month

40 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System

About This Home

As of October 2019

*REDUCED 09/22/2019* DUPLEX FOR SALE -Separate Buildings, One Tax Parcel in Central Phoenix Situated Off I-17 & Indian School on 1/4 Acre North/South Lot - Value Add Income Potential *Located in City of Phx Opportunity Zone* Front Unit 3 Bedrooms 1 Bath 1,424 Square Feet - Back Unit 3 Bedrooms 1 Bath 1,396 Square Feet; Separately Metered (Electric, Water, Sewer Trash) Both Units Need Repairs ***SELLER SEEKING BUYER OWNER-OCCUPANT TO APPRECIATE OPPORTUNITY HERE!***

Last Agent to Sell the Property

Armida Ruiz

HomeSmart License #SA525243000 Listed on: 08/22/2019

HomeSmart

Last Buyer's Agent

Janet Rios

Fort Lowell Realty & Property Management License #SA654689000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,512

Year Built

  • Built in 1952

Lot Details

  • 0.35

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 154-28-033

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 0.345 ACRES
  • Fruitland Acres 9 11, 13 16 Subdivision

Building Details

  • Operating Expense $1,512

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,512

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: I-17 & INDIAN SCHOOL
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1952
  • Tax Year: 2019
  • Directions: NORTH ON ACCESS ROAD EAST ON DEVONSHIRE TO PROPERTY
  • Road Surface Type: Asphalt
  • Subdivision Name: FRUITLAND ACRES 9-11, 13-16
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: W/D Hookup
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric, Individual, Central A/C
  • Heating: Individual, Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks, Individual Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Satellite Dish: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 0.345 ACRES
  • Additional Parcels: No
  • Parcel #: 154-28-033

Multi Family

  • Owner Pays: None
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 1512.0

Tax Info

  • Tax Annual Amount: 1512.0
  • Tax Book Number: 154.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Oct 23, 2019
Sold by
Macias Nabor Joel Lira
Bought by
Z Industries Llc
Seller's Agent
Armida Ruiz
HomeSmart
Buyer's Agent
Janet Rios
Fort Lowell Realty & Property Management
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Current Estimated Value
$350,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,792
Avg. Annual Appreciation
9.92%

Purchase Details

Closed on
Mar 5, 2012
Sold by
Lira Gladys
Bought by
Macias Nabor Joel Lira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,500
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2011
Sold by
Gutierrez Samuel
Bought by
M & I Home Investments Llc

Purchase Details

Closed on
Feb 11, 2010
Sold by
M & I Home Investments Llc
Bought by
Macias Nabor Joel Lira

Purchase Details

Closed on
Aug 3, 2009
Sold by
Magnum Financial Llc
Bought by
Gutierrez Samuel

Purchase Details

Closed on
Jul 28, 2009
Sold by
Lili Ruben Investment Properties Llc
Bought by
Magnum Financial Llc

Purchase Details

Closed on
Jul 27, 2009
Sold by
402 Now Llc
Bought by
Lili Rubin Investment Properties Llc

Purchase Details

Closed on
Jul 17, 2009
Sold by
Acosta Manuel Vidrio
Bought by
402 Now Llc

Purchase Details

Closed on
Jan 27, 2002
Sold by
Mevis Melvin J and Mevis Judith A
Bought by
Acosta Manuel Vdrio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2001
Sold by
Mevis Melvin J
Bought by
Mevis Melvin J and Mevis Judith A

Purchase Details

Closed on
Sep 18, 1998
Sold by
Mevis Lillian M
Bought by
Mevis Lillian M
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
Z Industries Llc $200,000 American Title Svc Agcy Llc
Macias Nabor Joel Lira -- None Available
M & I Home Investments Llc -- None Available
Macias Nabor Joel Lira $49,900 None Available
Gutierrez Samuel -- None Available
Magnum Financial Llc -- None Available
Lili Rubin Investment Properties Llc -- None Available
402 Now Llc $28,000 None Available
Acosta Manuel Vdrio $142,000 Grand Canyon Title Agency In
Mevis Melvin J -- --
Mevis Lillian M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macias Nabor Joel Lira $26,500
Previous Owner Acosta Manuel Vdrio $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $200,000 -11.1% $140 / Sq Ft
10/19/2019 10/19/19 For Sale $225,000 0.0% $158 / Sq Ft
10/19/2019 10/19/19 Price Changed $225,000 0.0% $158 / Sq Ft
10/18/2019 10/18/19 Price Changed $225,000 0.0% $158 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/22/2019 09/22/19 Price Changed $225,000 -4.3% $158 / Sq Ft
09/17/2019 09/17/19 Price Changed $235,000 -2.1% $165 / Sq Ft
08/22/2019 08/22/19 For Sale $240,000 -- $169 / 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 $1,595 $11,103 -- --
2024 $1,603 $10,574 -- --
2023 $1,603 $25,380 $5,070 $20,310
2022 $1,578 $18,460 $3,690 $14,770
2021 $1,593 $17,080 $3,410 $13,670
2020 $1,531 $17,370 $3,470 $13,900
2019 $1,512 $14,710 $2,940 $11,770
2018 $1,396 $12,610 $2,520 $10,090
2017 $1,379 $10,020 $2,000 $8,020
2016 $425 $5,170 $1,030 $4,140
2015 $402 $4,170 $830 $3,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5968714

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-28-033