NOT LISTED FOR SALE

2512 W Augusta Ave Phoenix, AZ 85051

Alhambra Neighborhood

Estimated Value: $385,852

Studio
-- Bath
1,244 Sq Ft
$310/Sq Ft Est. Value

Last Sold May 24, 2013

Last sale price $91,500 $74 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $2,057/month

5 Days on Market

About This Home

As of May 2013

Incredible investment opportunity to own an income producing fully occupied duplex. Minimal upkeep required! Front 2 bedroom unit is rented at $600 per month and the back one bedroom for $400. Roof is two years new, there is all copper plumbing throughout and both units have had remodeling. The front and back are landscaped with grass, mature trees and the property does have irrigation!! No sign on property. Please do not disturb tenants.

Last Agent to Sell the Property

Jennifer Patnode

Desert Dream Realty License #BR516334000 Listed on: 05/04/2013

Co-Listed By

Tammy Seymour

Desert Dream Realty License #BR563640000

Last Buyer's Agent

Jonas Funston

Realty ONE Group License #SA563488000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $660

Year Built

  • Built in 1964

Lot Details

  • 8,886

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Washington Elementary School - Phoenix
  • Palo Verde Middle School
  • Washington Elementary School - Phoenix High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 16 / 4
  • Assessor Parcel Number 157-29-069

Community Details

Overview

  • 2 Units
  • Building Dimensions are 50 X100
  • Vista Income Estates Subdivision

Building Details

  • Operating Expense $3,420
  • Gross Income $12,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$660

Year Built

Built in 1964

Lot Details

8,886 Sq Ft Lot

Listing Details

  • Cross Street: I-17 & NORTHERN AVE.
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1964
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: ppaz02
  • Co List Office Phone: 480-252-8300
  • Subdivision Name: Vista Income Estates
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • 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:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: 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:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1320.0

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Washington Elementary School - Phoenix
  • Middle Or Junior School: Palo Verde School

Lot Info

  • Lot Size: 50 X100
  • Additional Parcels: No
  • Parcel #: 157-29-069

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 12600.0
  • Insurance Expense: 600.0
  • Maintenance Expense: 240.0
  • Annual Operating Expense: 3420.0

Tax Info

  • Tax Annual Amount: 660.0
  • Tax Block: 4
  • Tax Book Number: 157.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2013
Closed on
May 22, 2013
Sold by
Thibeault Joseph Wayne
Bought by
Welch Steven Terry
Seller's Agent
Jennifer Patnode
Desert Dream Realty
Buyer's Agent
Jonas Funston
Realty ONE Group
List Price
$90,000
Sold Price
$91,500
Premium/Discount to List
$1,500
1.67%
Current Estimated Value
$385,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,352
Avg. Annual Appreciation
11.91%
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
Welch Steven Terry $91,500 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2013 05/24/13 Sold $91,500 +1.7% $74 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
05/04/2013 05/04/13 For Sale $90,000 -- $72 / 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 $901 $7,089 -- --
2024 $851 $6,752 -- --
2023 $851 $24,710 $4,940 $19,770
2022 $824 $16,770 $3,350 $13,420
2021 $834 $14,630 $2,920 $11,710
2020 $813 $13,900 $2,780 $11,120
2019 $798 $12,060 $2,410 $9,650
2018 $778 $9,400 $1,880 $7,520
2017 $774 $8,680 $1,730 $6,950
2016 $760 $7,860 $1,570 $6,290
2015 $703 $7,470 $1,490 $5,980
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Patnode

    Seller's Agent in 2013

    Jennifer Patnode

    Desert Dream Realty

    (480) 324-6050

    1 in this area

    111 Total Sales

    Jennifer Patnode
    Section Image
  • Tammy Seymour

    Seller Co-Listing Agent in 2013

    Tammy Seymour

    Desert Dream Realty

    (480) 586-0377

    1 in this area

    72 Total Sales

    Tammy Seymour
    Section Image
  • Jonas Funston

    Buyer's Agent in 2013

    Jonas Funston

    Realty One Group

    (480) 313-6181

    223 Total Sales

    Jonas Funston
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4931411

Arizona Regional Multiple Listing Service (ARMLS)

APN: 157-29-069

Arizona Maricopa County Phoenix 85051 Alhambra

2512 W Augusta 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.