NOT LISTED FOR SALE

2512 W Ocotillo Rd Phoenix, AZ 85017

Grandview Neighborhood

Estimated Value: $588,000 - $665,000

-- Bed
-- Bath
2,896 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $550,000 $190 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,531/month

6 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Individual Controls for Heating
  • Washington High School Rated A-

About This Home

As of August 2021

Single level, block construction 4-plex w/ 2 bed - 1 bath. 2 of the 4 units have been completely updated w/o cutting any corners. This plex sits on a big lot that provided parking in the front, and a big parking lot in the back. The 2 updated units are being offered at $1,025. List of updates; Vinyl plank flooring - cabinets - hardware (light fixtures/door handles/faucets) - blinds - doors - bathrooms - water heater - S/S appliances & ceiling fans. Close to freeway access.

Last Agent to Sell the Property

Jay Culton

HomeSmart License #SA514819000 Listed on: 05/28/2021

HomeSmart

Last Buyer's Agent

Michael Bennett

ATLAS AZ, LLC License #SA692576000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1959

Lot Details

  • 0.25

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Washington Elementary School
  • Palo Verde Middle School
  • Glendale High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 20
  • Assessor Parcel Number 156-01-025-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are Irregular
  • Krall's Homesites Subdivision

Building Details

  • Operating Expense $6,572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,292

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: Glendale & 27th Ave
  • Property Type: Multiple Dwellings
  • Zoning: multi-family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2020
  • Directions: South on 27th Ave. * East on Ocotillo * Property on the North side of the street.
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: KRALL'S HOMESITES
  • Tax Parcel Letter: C
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • 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

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Shutters2: Yes

Fee Information

  • Annual Water Sewer Expense: 4080.0

Schools

  • Elementary School: Washington Elementary School
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Palo Verde Middle School

Lot Info

  • Lot Size: Irregular
  • Additional Parcels: No
  • Parcel #: 156-01-025-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Insurance Expense: 1200.0
  • Annual Operating Expense: 6572.0

Tax Info

  • Tax Annual Amount: 1292.0
  • Tax Book Number: 156.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Aug 12, 2021
Sold by
Cribbs Ian
Bought by
Ndtco
Seller's Agent
Jay Culton
HomeSmart
Buyer's Agent
Michael Bennett
ATLAS AZ, LLC
List Price
$539,900
Sold Price
$550,000
Premium/Discount to List
$10,100
1.87%
Total Days on Market
6
Current Estimated Value
$610,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,838
Avg. Annual Appreciation
2.79%
Original Mortgage
$222,800
Outstanding Balance
$173,786
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$437,052

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jun 30, 2020
Sold by
Cribbs Brenda and Cribbs Ian
Bought by
Cribbs Ian and Cribbs Brenda
Seller's Agent
Jason Mendoza
My Rental Superstore
Buyer's Agent
Penny Parker
Keller Williams Arizona Realty
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.06%
Original Mortgage
$255,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jun 26, 2020
Sold by
Navarrete Maria Sandra
Bought by
Cribbs Ian
Seller's Agent
Jason Mendoza
My Rental Superstore
Buyer's Agent
Penny Parker
Keller Williams Arizona Realty
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 24, 2015
Sold by
Navarrete Larry and Navarrete Maria Sandra
Bought by
Navarrete Maria Sandra
Seller's Agent
Daniel Shenkman
Keller Williams Realty Phoenix
Buyer's Agent
Daniel Shenkman
Keller Williams Realty Phoenix
List Price
$164,900
Sold Price
$156,000
Premium/Discount to List
-$8,900
-5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%
Original Mortgage
$109,200
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2014
Sold by
1055 N Recker Unit 1232 Llc
Bought by
2512 W Ocotillo Llc

Purchase Details

Listed on
Jul 3, 2014
Closed on
Aug 27, 2014
Sold by
Nguyen Tam
Bought by
Mall Kaushal
Seller's Agent
Nga Gibson
West USA Realty
Buyer's Agent
Daniel Shenkman
Keller Williams Realty Phoenix
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.67%
Original Mortgage
$97,930
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Pham Julie Khanh Kim Thi
Bought by
Nguyen Tam

Purchase Details

Closed on
Aug 7, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Khanh Julie and Pham Kim Thi

Purchase Details

Closed on
Jun 1, 2009
Sold by
Rodriguez Rigoberto
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 17, 2007
Sold by
Valdovinos Bolivar and Gallegos Elvira Moras
Bought by
Rodriguez Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 11, 2006
Sold by
Rodriguez Patricia J
Bought by
Rodriguez Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 23, 2004
Sold by
Vega Francisco A
Bought by
Valdovinos Bolivar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2000
Sold by
Navas Edwin A
Bought by
Vega Francisco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,107
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 1994
Sold by
Deciutiis Ernest and Deciutiis Laura
Bought by
Navas Edwin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,301
Interest Rate
8.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 1994
Sold by
Stephenson James P and Stephenson Elizabeth A
Bought by
Deciutiis Ernest and Deciutiis Laura
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
Ndtco $550,000 First Integrity Ttl Agcy Of
Cribbs Ian -- Valleywide Title Agency
Cribbs Ian $340,000 Valleywide Title Agency
Navarrete Maria Sandra -- First Arizona Title Agency
Navarrete Maria Sandra $156,000 First Arizona Title Agency
2512 W Ocotillo Llc -- None Available
1055 N Recker Unit 1232 Llc -- None Available
Mall Kaushal $139,900 First American Title Ins Co
Nguyen Tam $70,000 American Title Service Agenc
Khanh Julie $70,000 Great American Title Agency
Federal Home Loan Mortgage Corp $81,000 Servicelink
Rodriguez Rigoberto $325,000 Capital Title Agency Inc
Rodriguez Rigoberto -- Capital Title Agency Inc
Valdovinos Bolivar $203,000 Fidelity National Title
Vega Francisco A $133,000 Capital Title Agency
Navas Edwin A $78,000 Fidelity Title
Deciutiis Ernest $70,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ndtco $222,800
Previous Owner Cribbs Ian $255,000
Previous Owner Navarrete Maria Sandra $109,200
Previous Owner Mall Kaushal $97,930
Previous Owner Rodriguez Rigoberto $48,750
Previous Owner Rodriguez Rigoberto $260,000
Previous Owner Valdovinos Izazaga Bolivar $50,000
Previous Owner Valdovinos Bolivar $162,400
Previous Owner Vega Francisco A $132,107
Previous Owner Navas Edwin A $77,301
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $550,000 +1.9% $190 / Sq Ft
07/13/2021 07/13/21 Price Changed $539,900 0.0% $186 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $539,900 +58.8% $186 / Sq Ft
06/30/2020 06/30/20 Sold $340,000 -4.2% $117 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/22/2020 05/22/20 Price Changed $355,000 0.0% $123 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/12/2020 05/12/20 Price Changed $355,000 -1.1% $123 / Sq Ft
03/30/2020 03/30/20 For Sale $359,000 0.0% $124 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $359,000 +130.1% $124 / Sq Ft
06/26/2015 06/26/15 Sold $156,000 -5.4% $54 / Sq Ft
05/03/2015 05/03/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $164,900 +17.9% $57 / Sq Ft
09/03/2014 09/03/14 Sold $139,900 0.0% $48 / Sq Ft
07/06/2014 07/06/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $139,900 -- $48 / 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 $1,377 $11,263 -- --
2024 $1,352 $10,726 -- --
2023 $1,352 $38,520 $7,700 $30,820
2022 $1,308 $29,610 $5,920 $23,690
2021 $1,325 $26,370 $5,270 $21,100
2020 $1,292 $22,200 $4,440 $17,760
2019 $1,268 $18,380 $3,670 $14,710
2018 $1,235 $14,980 $2,990 $11,990
2017 $1,229 $14,710 $2,940 $11,770
2016 $1,207 $12,280 $2,450 $9,830
2015 $1,117 $10,660 $2,130 $8,530
Source: Public Records

Agents Affiliated with this Home

  • Jay Culton

    Seller's Agent in 2021

    Jay Culton

    HomeSmart

    (602) 616-5999

    1 in this area

    81 Total Sales

    Jay Culton
    Section Image
  • Michael Bennett

    Buyer's Agent in 2021

    Michael Bennett

    ATLAS AZ, LLC

    (805) 886-0098

    1 in this area

    49 Total Sales

    Michael Bennett
    Section Image

  • L

    Buyer Co-Listing Agent in 2021

    Larry Burr

    ATLAS AZ, LLC

    (480) 828-3283

    1 in this area

    94 Total Sales

    Larry Burr
    Section Image

  • J

    Seller's Agent in 2020

    Jason Mendoza

    My Rental Superstore

    (602) 327-5584

    1 in this area

    29 Total Sales

    Jason Mendoza
    Section Image
  • Penny Parker

    Buyer's Agent in 2020

    Penny Parker

    Keller Williams Arizona Realty

    (602) 697-9638

    2 in this area

    85 Total Sales

    Penny Parker
    Section Image

  • D

    Seller's Agent in 2015

    Daniel Shenkman

    Keller Williams Realty Phoenix

    (480) 751-5300

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6242898

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-01-025C

Arizona Maricopa County Phoenix 85017 Grandview

2512 W Ocotillo Rd, Phoenix, AZ

This home is located at 2512 W Ocotillo Rd, Phoenix, AZ 85017 since 28 May 2021 and is currently estimated at $610,838, approximately $210 per square foot. This property was built in 1959. 2512 W Ocotillo Rd is a home located in Maricopa County with nearby schools including Washington Elementary School, Palo Verde Middle School, and Washington High School.

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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