NOT LISTED FOR SALE

2504 E Mobile Ln Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $441,300

Studio
-- Bath
2,240 Sq Ft
$197/Sq Ft Est. Value

Sale Details

Date Sold: November 24, 2014

Last sale price $107,000 $48 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $2,481 / mo

102 Days on Market

Highlights

  • Multiple cooling system units
  • Vinyl Flooring
  • Heating Available

About This Home

As of November 2014

Duplex, 3 Bedrooms, 2 Baths for each Unit. Shared laundry between units. Newer Construction built in 2003!!

Units rent for $650 each unit

Last Agent to Sell the Property

Howard Steven

Rock Bottom Realty License #BR522759000 Listed on: 07/28/2014

Last Buyer's Agent

Alice Lin

The Housing Professionals License #SA639353000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $511

Year Built

  • Built in 2003

Lot Details

  • 7,492

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating Available
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 77
  • Assessor Parcel Number 122-54-048-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7501
  • Ben Jo Estates Subdivision

Building Details

  • Operating Expense $511
  • Gross Income $15,600
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$511

Year Built

Built in 2003

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Cross Street: 24th St & Broadway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M / Multi-Fam
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2003
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Subdivision Name: BEN-JO ESTATES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Add'l Parking Avail, Street Parking
  • Attached Garage: No
  • 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:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: 2 or More Units, Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7501
  • Additional Parcels: No
  • Parcel #: 122-54-048-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Property Net Operating Income: 15600.0
  • Annual Operating Expense: 511.0

Tax Info

  • Tax Annual Amount: 511.0
  • Tax Book Number: 122.00
  • Tax Lot: 77

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2016
Sold by
Bought by
Current Estimated Value
$441,300

Purchase Details

Listed on
Jul 28, 2014
Closed on
Nov 18, 2014
Sold by
Bought by
Seller's Agent
Howard Steven
Rock Bottom Realty
Buyer's Agent
Alice Lin
The Housing Professionals
List Price
$125,000
Sold Price
$107,000
Premium/Discount to List
-$18,000
-14.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%

Purchase Details

Closed on
Mar 10, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 10, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$157,000 Nextitle
$107,000 Lawyers Title Of Arizona Inc
$35,000 Title Management Agency Of A
-- Gateway Title Company
$159,000 North American Title Co
$19,000 Security Title Agency
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $165,000
Previous Owner $143,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/24/2014 11/24/14 Sold $107,000 -14.4% $48 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $125,000 -- $56 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $922 $6,114
2024 $873 $5,823
2023 $873 $33,170 $6,630 $26,540
2022 $855 $22,830 $4,560 $18,270
2021 $872 $18,570 $3,710 $14,860
2020 $862 $15,250 $3,050 $12,200
2019 $834 $15,300 $3,060 $12,240
2018 $812 $12,680 $2,530 $10,150
2017 $773 $8,230 $1,640 $6,590
2016 $736 $7,000 $1,400 $5,600
2015 $692 $6,100 $1,220 $4,880
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2014

    Howard Steven

    Rock Bottom Realty

  • A

    Buyer's Agent in 2014

    Alice Lin

    The Housing Professionals

    (480) 818-5747

    112 Total Sales

    Alice Lin
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5150335

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-54-048A

Arizona Maricopa County Phoenix 85040 South Mountain

2504 E Mobile Ln, Phoenix, AZ

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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