NOT LISTED FOR SALE

2445 E Clarendon Ave Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $408,000 - $524,000

Studio
-- Bath
1,383 Sq Ft
$333/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $157,500 $114 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $2,561/month

76 Days on Market

Highlights

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

About This Home

As of November 2015

Duplex with 2 leased 691sf 2 bed/1 bath units. Roof was replaced 03/2015. South open portion of property has newer fencing and could be used for future expansion, park, garden...many potential uses. Fenced entry to courtyard and entrance to both units on the west side of unit. Interior has tile floors and newer appliances, fixtures and cabinets. 4 parking spaces on Clarendon in front of building.

Last Agent to Sell the Property

Merrilee Edwards

Fathom Realty Elite License #BR029722000 Listed on: 08/02/2015

Fathom Realty Elite

Last Buyer's Agent

Thomas Sawyer

Realty ONE Group License #SA637936000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $842

Year Built

  • Built in 1955

Lot Details

  • 10,193

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 119-05-059

Community Details

Overview

  • 2 Units
  • Building Dimensions are 10175

Building Details

  • Operating Expense $6,406
  • Gross Income $12,960
  • Net Operating Income $6,555

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$842

Year Built

Built in 1955

Lot Details

10,193 Sq Ft Lot

Listing Details

  • Cross Street: Indian School Rd & 24th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1955
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1800.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 644.4
  • Annual Water Sewer Expense: 720.0

Lot Info

  • Lot Size: 10175
  • Additional Parcels: No
  • Parcel #: 119-05-059

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 12960.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 6555.0
  • Annual Operating Expense: 6406.4
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 842.0
  • Tax Book Number: 119.00
  • Tax Lot: na

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2015
Closed on
Nov 20, 2015
Sold by
Property Alliance Ventures Llc
Bought by
Sawyer Carmen Bond
Seller's Agent
Merrilee Edwards
Fathom Realty Elite
Buyer's Agent
Thomas Sawyer
Realty ONE Group
List Price
$157,500
Sold Price
$157,500
Current Estimated Value
$460,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,722
Avg. Annual Appreciation
10.92%

Purchase Details

Listed on
May 7, 2012
Closed on
May 24, 2012
Sold by
Famp Investments Llc
Bought by
Property Alliance Venture Llc
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Merrilee Edwards
Fathom Realty Elite
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.58%

Purchase Details

Closed on
Mar 25, 2011
Sold by
Wasta Llc
Bought by
Famp Investments Llc

Purchase Details

Closed on
Mar 9, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Wasta Llc

Purchase Details

Closed on
Oct 24, 2010
Sold by
Midfirst Bank
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 11, 2010
Sold by
Ortagus James J and Ortagus Kathleen L
Bought by
Midfirst Bank

Purchase Details

Closed on
Jun 18, 1999
Sold by
Cashin Robert C and Cashin Suzanne D
Bought by
Ortagus James J and Ortagus Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,908
Interest Rate
7.47%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 1994
Sold by
Cashin Robert C and Cashin Suzanne D
Bought by
Cashin Robert C and Cashin Suzanne D
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sawyer Carmen Bond $154,300 Stewart Title & Tr Phoenix I
Property Alliance Venture Llc $85,000 Grand Canyon Title Agency In
Famp Investments Llc $55,000 Pioneer Title Agency Inc
Wasta Llc -- Grand Canyon Title Agency
The Secretary Of Housing & Urban Develop -- None Available
Midfirst Bank $59,710 None Available
Ortagus James J $60,000 Capital Title Agency
Cashin Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortagus James J $59,908
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2015 11/23/15 Sold $157,500 0.0% $114 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $157,500 +85.3% $114 / Sq Ft
06/12/2012 06/12/12 Sold $85,000 -4.5% $123 / Sq Ft View Prior Sale
05/16/2012 05/16/12 Pending -- -- --
05/07/2012 05/07/12 For Sale $89,000 -- $129 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,219 $9,026 -- --
2024 $1,160 $8,597 -- --
2023 $1,160 $34,280 $6,850 $27,430
2022 $1,114 $25,130 $5,020 $20,110
2021 $1,142 $24,070 $4,810 $19,260
2020 $1,114 $20,200 $4,040 $16,160
2019 $1,106 $15,810 $3,160 $12,650
2018 $1,083 $12,560 $2,510 $10,050
2017 $1,041 $11,880 $2,370 $9,510
2016 $1,001 $9,700 $1,940 $7,760
2015 $931 $8,310 $1,660 $6,650
Source: Public Records

Agents Affiliated with this Home

  • Merrilee Edwards

    Seller's Agent in 2015

    Merrilee Edwards

    Fathom Realty Elite

    (602) 330-3200

    1 in this area

    52 Total Sales

    Merrilee Edwards
    Section Image

  • T

    Buyer's Agent in 2015

    Thomas Sawyer

    Realty One Group

  • Terry Kass

    Seller's Agent in 2012

    Terry Kass

    Coldwell Banker Commercial Realty

    (602) 330-2525

    7 in this area

    21 Total Sales

    Terry Kass
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5315473

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-05-059

Arizona Maricopa County Phoenix 85016 Camelback East Village

2445 E Clarendon Ave, Phoenix, AZ

Not Listed for Sale

MultiFamily

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.