NOT LISTED FOR SALE

2506 N Dayton St Phoenix, AZ 85006

Coronado Neighborhood

Estimated Value: $717,028 - $1,025,000

3 Beds
-- Bath
2,378 Sq Ft
$342/Sq Ft Est. Value

Last Sold January 17, 2017

Last sale price $320,000 $135 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $4,532/month

5 Days on Market

Highlights

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

About This Home

As of January 2017

Great tri-plex in highly sought after Coronado District. Block construction, New AC's 2012, New Roof 2012. 100% Occupied 2 long time tenants have been there for 4+ years with NO rent increases. 3rd renter wants to renew. This one is ready to cash flow huge. Each unit has it's own parking space, it's own small back patio, storage unit and complex has a secured courtyard AND individually metered. These are unique options for the area and will command max rent. Walking distance to 7th St. restaurant row and public transportation. Also has two spare storage units for landlord or tenant use. Great for landscaping equipment, tools etc. Tenants love it for secure bike storage. All single tenants, no pets, no kids, no smoking. This is turn key and will have no major needs for a long time

Last Agent to Sell the Property

Chris Tiller

Russ Lyon Sotheby's International Realty License #SA633662000 Listed on: 11/30/2016

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Danielle O'Connell

HomeSmart License #SA544248000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,493

Year Built

  • Built in 1968

Lot Details

  • Property fronts an alley

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

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

Schools

  • Emerson Elementary School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 110
  • Assessor Parcel Number 117-27-039

Community Details

Overview

  • 3 Units
  • Building Dimensions are .16 acres 6750 sf
  • Fowler Tract Lots 1 96 Subdivision

Building Details

  • Operating Expense $6,293
  • Gross Income $23,520
  • Net Operating Income $18,185

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,493

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: 7th Street and McDowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1968
  • Tax Year: 2015
  • Directions: North on 7th St. to Sheridan. East on Sheridan to Dayton. North on Dayton. Second house on your left.
  • Road Frontage Type: Alley
  • Road Surface Type: Gravel, Dirt, Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: FOWLER TRACT LOTS 1-96
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Add'l Parking Avail, 1 Space/Unit, 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
  • Parking:Assigned: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Fuel Expense: 300.0
  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Emerson Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Emerson Elementary School

Lot Info

  • Lot Size: .16 acres 6750 sf
  • Additional Parcels: No
  • Parcel #: 117-27-039

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 3
  • Electric Expense: 800.0
  • Annual Gross Income: 23520.0
  • Insurance Expense: 900.0
  • Property Net Operating Income: 18185.0
  • Annual Operating Expense: 6293.0

Tax Info

  • Tax Annual Amount: 2493.0
  • Tax Book Number: 117.00
  • Tax Lot: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2016
Closed on
Jan 4, 2017
Sold by
Empire 1 Llc
Bought by
Krump Lucas W
Seller's Agent
Chris Tiller
Russ Lyon Sotheby's International Realty
Buyer's Agent
Danielle O'Connell
HomeSmart
List Price
$300,000
Sold Price
$320,000
Premium/Discount to List
$20,000
6.67%
Current Estimated Value
$814,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,007
Avg. Annual Appreciation
11.59%
Original Mortgage
$240,000
Outstanding Balance
$199,480
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$629,316

Purchase Details

Listed on
Nov 30, 2016
Closed on
Dec 15, 2016
Sold by
Tiller Christopher S
Bought by
District Phx Llc
Seller's Agent
Chris Tiller
Russ Lyon Sotheby's International Realty
Buyer's Agent
Danielle O'Connell
HomeSmart
List Price
$300,000
Sold Price
$320,000
Premium/Discount to List
$20,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$199,480
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$629,316

Purchase Details

Closed on
May 22, 2015
Sold by
Tiller Christopher and Tiller Christopher Samuel
Bought by
Empire 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,965
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2014
Closed on
Feb 4, 2014
Sold by
Household Properties Llc
Bought by
Tiller Christopher
Seller's Agent
Artur Ciesielski
HomeSmart
Buyer's Agent
Chris Tiller
Russ Lyon Sotheby's International Realty
List Price
$239,000
Sold Price
$243,600
Premium/Discount to List
$4,600
1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%
Original Mortgage
$239,187
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2011
Sold by
Gaffney John
Bought by
Household Propertis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,072
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2011
Sold by
Sso Dayton St Llc
Bought by
Gaffney John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,072
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2011
Sold by
Blackmer Randy L
Bought by
Sso Dayton St Llc

Purchase Details

Closed on
Feb 22, 2006
Sold by
Blackmer Randy Lee
Bought by
Mutter Jeffrey Arnold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,100
Interest Rate
8.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2006
Sold by
Cannon Robert L
Bought by
Blackmer Randy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,100
Interest Rate
8.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2004
Sold by
Nugent Virlie L
Bought by
Ma Barker & Sons Ll

Purchase Details

Closed on
Apr 24, 2003
Sold by
Stetson David C
Bought by
Cannon Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,900
Interest Rate
5.75%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 19, 1995
Sold by
Golubski Larry D
Bought by
Stetson David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.38%
Mortgage Type
Assumption
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
Krump Lucas W $320,000 Equity Title Agency Inc
District Phx Llc $200,000 --
Empire 1 Llc -- Chicago Title Agency Inc
Tiller Christopher $243,600 Greystone Title Agency Llc
Household Propertis Llc -- None Available
Gaffney John $145,000 Chicago Title
Sso Dayton St Llc $71,000 None Available
Mutter Jeffrey Arnold -- None Available
Blackmer Randy L $318,000 Fidelity National Title
Ma Barker & Sons Ll -- --
Cannon Robert L $174,500 Security Title Agency
Stetson David C $85,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krump Lucas W $240,000
Closed District Phx Llc --
Previous Owner Empire 1 Llc $350,000
Previous Owner Empire 1 Llc $310,965
Previous Owner Tiller Christopher $239,187
Previous Owner Gaffney John $131,072
Previous Owner Blackmer Randy L $302,100
Previous Owner Cannon Robert L $174,400
Previous Owner Cannon Robert L $21,800
Previous Owner Cannon Robert L $34,900
Previous Owner Cannon Robert L $139,600
Previous Owner Stetson David C $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2017 01/17/17 Sold $320,000 +6.7% $135 / Sq Ft
11/30/2016 11/30/16 For Sale $300,000 +23.2% $126 / Sq Ft
02/06/2014 02/06/14 Sold $243,600 +1.9% $102 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $239,000 -- $101 / 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 $2,793 $20,884 -- --
2024 $2,766 $19,889 -- --
2023 $2,766 $63,230 $12,640 $50,590
2022 $2,667 $47,320 $9,460 $37,860
2021 $2,647 $42,150 $8,430 $33,720
2020 $2,678 $34,400 $6,880 $27,520
2019 $2,674 $30,760 $6,150 $24,610
2018 $2,628 $26,850 $5,370 $21,480
2017 $2,567 $24,050 $4,810 $19,240
2016 $2,493 $21,210 $4,240 $16,970
2015 $2,307 $22,030 $4,400 $17,630
Source: Public Records

Agents Affiliated with this Home

  • Chris Tiller

    Seller's Agent in 2017

    Chris Tiller

    Russ Lyon Sotheby's International Realty

    (602) 561-1346

    126 Total Sales

    Chris Tiller
    Section Image
  • Danielle O'Connell

    Buyer's Agent in 2017

    Danielle O'Connell

    HomeSmart

    (480) 201-7466

    36 Total Sales

    Danielle O'Connell
    Section Image

  • A

    Seller's Agent in 2014

    Artur Ciesielski

    HomeSmart

    (602) 761-4600

    3 Total Sales

    Artur Ciesielski
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Joanna Zajusz

    HomeSmart

  • C

    Buyer's Agent in 2014

    Christopher Tiller

    Geneva Real Estate and Investments

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5530762

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-27-039

Arizona Maricopa County Phoenix 85006 Coronado

2506 N Dayton St, Phoenix, AZ

This home is located at 2506 N Dayton St, Phoenix, AZ 85006 since 30 November 2016 and is currently estimated at $814,007, approximately $342 per square foot. This property was built in 1968. 2506 N Dayton St is a home located in Maricopa County with nearby schools including Emerson Elementary School, North 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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