NOT LISTED FOR SALE

2528 E Mobile Ln Unit 1,2,3 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $217,636 - $566,000

-- Bed
4 Baths
-- Sq Ft
6,055 Sq Ft Lot

Last Sold April 25, 2014

Last sale price $95,500

Est. 370% increase in value since last sale

Current estimated payment $2,582/month

3 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of April 2014

Investor's Dream! Triplex with great cash flow. Tenants currently in place on a month to month lease. Great location close to downtown Phoenix, the airport, ASU and shopping along the I-10 corridor.

Last Agent to Sell the Property

Joshua Snyder

My Home Group Real Estate License #SA649045000 Listed on: 04/01/2014

Last Buyer's Agent

Ken Tasopulos

Better Homes & Gardens Real Estate SJ Fowler License #SA524907000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $415

Year Built

  • Built in 1987

Lot Details

  • 6,055

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Assigned Parking

Utilities

  • Evaporated cooling system
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water
  • Tax Lot 75
  • Assessor Parcel Number 122-54-044

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7347

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$415

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: 24th St & Broadway Rd.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: 0335
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1987
  • Tax Year: 2013
  • Directions: From 24th St & Broadway - Head South on 24th St and take left onto Mobile Ln. After passing 25th St, property will be on your left hand side.
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Concrete
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump, Evaporative Cooling
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7347
  • Additional Parcels: No
  • Parcel #: 122-54-044

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 15600.0

Tax Info

  • Tax Annual Amount: 415.0
  • Tax Book Number: 122.00
  • Tax Lot: 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
Apr 24, 2014
Sold by
Lopez Nicolas
Bought by
Johnson Mike
Seller's Agent
Joshua Snyder
My Home Group Real Estate
Buyer's Agent
Ken Tasopulos
Better Homes & Gardens Real Estate SJ Fowler
List Price
$97,000
Sold Price
$95,500
Premium/Discount to List
-$1,500
-1.55%
Total Days on Market
3
Current Estimated Value
$448,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,409
Avg. Annual Appreciation
14.81%

Purchase Details

Listed on
Apr 1, 2014
Closed on
Apr 17, 2014
Sold by
Johnson Yoke Mooi
Bought by
Johnson Mike
Seller's Agent
Joshua Snyder
My Home Group Real Estate
Buyer's Agent
Ken Tasopulos
Better Homes & Gardens Real Estate SJ Fowler
List Price
$97,000
Sold Price
$95,500
Premium/Discount to List
-$1,500
-1.55%

Purchase Details

Closed on
May 11, 2004
Sold by
Lopez Maria G
Bought by
Lopez Nicolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2004
Sold by
Gordon Properties Llc
Bought by
Lopez Nicolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2002
Sold by
Joksimovich Gordon
Bought by
Gordon Properties Llc 1

Purchase Details

Closed on
Feb 28, 1997
Sold by
Austin Funding Inc
Bought by
Joksimovich Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,250
Interest Rate
9.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 1995
Sold by
Webb Janis Kaye
Bought by
Austin Funding Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
7.9%
Source: Public Records

Range of Values:

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Average Value
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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
Johnson Mike $95,500 Driggs Title Agency Inc
Johnson Mike -- Driggs Title Agency Inc
Lopez Nicolas -- First Financial Title Agency
Lopez Nicolas $135,000 First Financial Title Agency
Gordon Properties Llc 1 -- --
Joksimovich Gordon $37,500 Security Title Agency
Austin Funding Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Nicolas $31,500
Previous Owner Lopez Nicolas $90,000
Previous Owner Joksimovich Gordon $26,250
Previous Owner Austin Funding Inc $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $95,500 -1.5% --
04/04/2014 04/04/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $97,000 -- --
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 $741 $5,041 -- --
2024 $720 $4,801 -- --
2023 $720 $29,850 $5,970 $23,880
2022 $705 $20,970 $4,190 $16,780
2021 $719 $17,130 $3,420 $13,710
2020 $711 $13,920 $2,780 $11,140
2019 $688 $13,900 $2,780 $11,120
2018 $669 $11,320 $2,260 $9,060
2017 $638 $7,510 $1,500 $6,010
2016 $607 $6,330 $1,260 $5,070
2015 $571 $5,410 $1,080 $4,330
Source: Public Records

Agents Affiliated with this Home

  • Joshua Snyder

    Seller's Agent in 2014

    Joshua Snyder

    My Home Group

    Section Image

  • K

    Buyer's Agent in 2014

    Ken Tasopulos

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    10 Total Sales

    Ken Tasopulos
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5093346

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-54-044

Arizona Maricopa County Phoenix 85040 South Mountain

2528 E Mobile Ln Unit 1,2,3, Phoenix, AZ

This home is located at 2528 E Mobile Ln Unit 1,2,3, Phoenix, AZ 85040 since 01 April 2014 and is currently estimated at $448,909. This property was built in 1987. 2528 E Mobile Ln Unit 1,2,3 is a home located in Maricopa County with nearby schools including Percy L Julian School, South Mountain 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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