Seller's Agent in 2020
Joshua Willets
Get Multifamily
(561) 473-4477
14 Total Sales
2516 N 48th Place Phoenix, AZ 85008
Camelback East Village NeighborhoodEstimated Value: $663,000 - $1,045,000
7
Beds
--
Bath
1,375
Sq Ft
$646/Sq Ft
Est. Value
Highlights
- Ceramic Tile Flooring
- Outdoor Storage
- Ceiling Fan
- Phoenix Coding Academy Rated A
- Central Heating and Cooling System
- Fenced
About This Home
As of December 2020Welcome to Stafford Village Apartments. On this parcel sits 2 duplexes in the convenient neighborhood of Papago Village in Arcadia Lite. The unit mix consist of one 3 bed/2bath, one 2 bed/1 bath and two 1bed/1bath apartments. Property features updated kitchen & bath, laminate OR sealed concrete flooring, all block construction, covered parking, updated windows, stainless steel appliances, washer dryer hook-up and central A/C. Cap Rate on current rent estimated at 5.18%, with rents of $1012 (x2 for 1 beds), $1075 (for the 2 bed), and $1385 (for the 3 bed) per month. ProForma Cap Rate estimated at 6.51%, based on market rents of $1150, (x2), $1400, and $1600, respectively. Buyer to verify all MLS information, as facts and figures are approximate. Do Not Disturb Tenants. Drive-by only
Last Agent to Sell the Property
Get Multifamily License #BR675965000 Listed on: 08/25/2020
Co-Listed By
Sophia Willets
Grace CRE License #BR648866000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,688
Year Built
- Built in 1959
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Blinds
- Ceramic Tile Flooring
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- Carport
- Parking Available
- Paved Parking
- On-Street Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Separate Meters
- Natural Gas Not Available
- Master Water Meter
Additional Features
- Outdoor Storage
- Fenced
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 7
- Assessor Parcel Number 126-17-031
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 10,782
- Stafford Village 2 Subdivision
Building Details
- Operating Expense $14,868
- Gross Income $60,420
- Net Operating Income $45,552
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
Listed on
Aug 25, 2020
Closed on
Dec 22, 2020
Sold by
Bought by
Seller's Agent
Joshua Willets
Get Multifamily
Buyer's Agent
Kathy Patino
Wise Choice Properties
List Price
$700,000
Sold Price
$650,000
Premium/Discount to List
-$50,000
-7.14%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,686
Avg. Annual Appreciation
5.78%
Original Mortgage
$335,000
Interest Rate
0.027%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 25, 2020
Closed on
Dec 15, 2020
Sold by
Bought by
Seller's Agent
Joshua Willets
Get Multifamily
Buyer's Agent
Kathy Patino
Wise Choice Properties
List Price
$700,000
Sold Price
$650,000
Premium/Discount to List
-$50,000
-7.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
0.027%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 25, 2020
Closed on
Dec 14, 2020
Sold by
Bought by
Seller's Agent
Joshua Willets
Get Multifamily
Buyer's Agent
Kathy Patino
Wise Choice Properties
List Price
$700,000
Sold Price
$650,000
Premium/Discount to List
-$50,000
-7.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
0.027%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 8, 2019
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
$262,500
Interest Rate
0.0475%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Sep 29, 2015
Closed on
Dec 16, 2015
Sold by
Bought by
Seller's Agent
Mark Buonincontro
Elite Real Estate, LLC
Buyer's Agent
Sean Aske
Cambridge Properties
List Price
$298,900
Sold Price
$269,000
Premium/Discount to List
-$29,900
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$264,127
Interest Rate
0.044%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 26, 2006
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
$60,000
Interest Rate
0.0676%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | None Available | ||
| $650,000 | Great American Title | ||
| -- | Great American Title Agency | ||
| $350,000 | Landmark Title Assurance Age | ||
| $269,000 | Old Republic Title Agency | ||
| $300,000 | Security Title Agency Inc |
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 | $335,000 | ||
| Previous Owner | $262,500 | ||
| Previous Owner | $264,127 | ||
| Previous Owner | $120,000 | ||
| Previous Owner | $60,000 | ||
| Previous Owner | $240,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/15/2020 12/15/20 | Sold | $650,000 | -7.1% | $473 / Sq Ft | |
| 12/08/2020 12/08/20 | For Sale | $700,000 | 0.0% | $509 / Sq Ft | |
| 12/08/2020 12/08/20 | Price Changed | $700,000 | 0.0% | $509 / Sq Ft | |
| 10/27/2020 10/27/20 | Pending | -- | -- | -- | |
| 08/25/2020 08/25/20 | For Sale | $700,000 | +160.2% | $509 / Sq Ft | |
| 12/17/2015 12/17/15 | Sold | $269,000 | -10.0% | $196 / Sq Ft | View Prior Sale |
| 11/05/2015 11/05/15 | Pending | -- | -- | -- | |
| 09/29/2015 09/29/15 | For Sale | $298,900 | -- | $217 / 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 | $1,889 | $14,803 | ||
| 2024 | $1,761 | $14,098 | ||
| 2023 | $1,761 | $55,020 | $11,000 | $44,020 |
| 2022 | $1,698 | $36,730 | $7,340 | $29,390 |
| 2021 | $1,726 | $32,720 | $6,540 | $26,180 |
| 2020 | $1,694 | $28,920 | $5,780 | $23,140 |
| 2019 | $1,688 | $25,820 | $5,160 | $20,660 |
| 2018 | $1,590 | $24,650 | $4,930 | $19,720 |
| 2017 | $1,523 | $17,310 | $3,460 | $13,850 |
| 2016 | $1,490 | $14,430 | $2,880 | $11,550 |
| 2015 | $1,398 | $12,720 | $2,540 | $10,180 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Willets
-
S
Seller Co-Listing Agent in 2020
Sophia Willets
Grace CRE
-
Kathy Patino
Buyer's Agent in 2020
Kathy Patino
Wise Choice Properties
(602) 677-7722
81 Total Sales
-
Mark Buonincontro
Seller's Agent in 2015
Mark Buonincontro
Elite Real Estate, LLC
(623) 466-9200
9 Total Sales
-
Sean Aske
Buyer's Agent in 2015
Sean Aske
Cambridge Properties
(602) 888-1620
7 in this area
32 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6122572
APN: 126-17-031
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.
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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