NOT LISTED FOR SALE

2502 E Willetta St Phoenix, AZ 85008

Estimated Value: $474,000 - $706,000

-- Bed
-- Bath
2,252 Sq Ft
$255/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $235,000 $104 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $3,187/month

6 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of July 2017

WOW seller is motivated bring your offer's now! This super cute triplex has two 1 bedrooms with large walk in closest. One large 2 bedroom unit. Fully rented at 700, 750 and 850. Nice central Phoenix location. Super clean building your clients will love this place. Please drive by only tenants are unaware of sale. Owners have self managed since 1990. Do not disturb tenants. No showings with out an accepted offer. All facts and figuers are approximate buyer verify MLS info

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000 Listed on: 05/19/2017

Co-Listed By

Baylee Estrada

Keller Williams Arizona Realty License #BR654361000

Last Buyer's Agent

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $753

Year Built

  • Built in 1963

Lot Details

  • 8,886

Home Design

  • Composition Roof

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, landscaping
  • Tax Lot 30
  • Assessor Parcel Number 121-78-029-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 120x76
  • Del Rey Lots 21 58 & Lot 99 Subdivision

Building Details

  • Operating Expense $7,590
  • Gross Income $26,220
  • Net Operating Income $18,630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$753

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: DEL REY LOTS 21-58 & LOT 99
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Other, See Remarks
  • Roof: See Remarks, Composition
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 1000.0
  • Annual Water Sewer Expense: 2400.0

Lot Info

  • Lot Size: 120x76
  • Additional Parcels: No
  • Parcel #: 121-78-029-A

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 26220.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 18630.0
  • Annual Operating Expense: 7590.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 753.0
  • Tax Book Number: 121.00
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2020
Sold by
Frabl Mark R and Frabl Linda M
Bought by
Frabl Mark R and Frabl Linda M
Current Estimated Value
$575,341

Purchase Details

Closed on
Jan 17, 2020
Sold by
Frabl Mark R and Frabl Linda M
Bought by
Frabl Mark R and Frabl Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2017
Closed on
Jul 7, 2017
Sold by
Evans Terilee and Evans William F
Bought by
Frabl Mark R and Frabl Linda M
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Original Mortgage
$164,500
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Frabl Mark R -- None Available
Frabl Mark R -- Title365
Frabl Mark R $235,000 Chicago Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frabl Mark R $192,300
Closed Frabl Mark R $190,000
Closed Frabl Mark R $164,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2017 07/10/17 Sold $235,000 +4.4% $104 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $225,000 -- $100 / 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 $919 $7,068 -- --
2024 $908 $6,731 -- --
2023 $908 $32,950 $6,590 $26,360
2022 $873 $24,380 $4,870 $19,510
2021 $894 $20,180 $4,030 $16,150
2020 $872 $17,050 $3,410 $13,640
2019 $866 $13,730 $2,740 $10,990
2018 $816 $12,110 $2,420 $9,690
2017 $784 $11,130 $2,220 $8,910
2016 $753 $8,960 $1,790 $7,170
2015 $701 $7,030 $1,400 $5,630
Source: Public Records

Agents Affiliated with this Home

  • Sophia Baron

    Seller's Agent in 2017

    Sophia Baron

    Grace CRE

    (480) 375-0227

    86 Total Sales

    Sophia Baron
    Section Image

  • B

    Seller Co-Listing Agent in 2017

    Baylee Estrada

    Keller Williams Arizona Realty

    (480) 688-8444

    Baylee Estrada
    Section Image
  • Steve Fowler

    Buyer's Agent in 2017

    Steve Fowler

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 430-5843

    66 Total Sales

    Steve Fowler
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5608011

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-78-029A

Arizona Maricopa County Phoenix 85008

2502 E Willetta St, Phoenix, AZ

This home is located at 2502 E Willetta St, Phoenix, AZ 85008 since 19 May 2017 and is currently estimated at $575,341, approximately $255 per square foot. This property was built in 1963. 2502 E Willetta St is a home located in Maricopa County with nearby schools including Excelencia School, Camelback High School, 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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