NOT LISTED FOR SALE

2536 E Tamarisk Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $248,000 - $317,000

-- Bed
1 Bath
-- Sq Ft
7,492 Sq Ft Lot

Last Sold January 20, 2012

Last sale price $20,126

Est. 1,340% increase in value since last sale

Current estimated payment $1,636/month

9 Days on Market

Highlights

  • Painted or Stained Flooring
  • Phoenix Coding Academy Rated A
  • Evaporated cooling system

About This Home

As of January 2012

It's another short sale by the team that gets them done!PHOENIX MULTIFAMILY MITIGATION SERVICES (PMMS) Two homes and a possible roughed in 3rd unit is attached to the front house. Needs a lot of work. Possible zoning and permit violations** BUYER BE AWARE***Please do not disturb tenants. Sale is subject to lender and seller final approval.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 07/26/2011

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

David Gudmundsen

Better Homes & Gardens Real Estate SJ Fowler License #BR105719000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1971

Lot Details

  • 7,492

Parking

  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Composition Shingle Roof
  • Block Exterior
  • Stucco

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Painted or Stained Flooring
  • Vinyl

Utilities

  • Evaporated cooling system

Community Details

  • $2,010 per year Dock Fee
  • 2 Units
  • Building Dimensions are IRR

Listing and Financial Details

  • Tenant pays for cable TV, electric, gas
  • The owner pays for landscaping, sewer, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$600

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: F/S Oven/Range, Refrigerator
  • Construction Finish: Painted, Stucco
  • Cross Street: 24th St/Broadway
  • Floors: Vinyl
  • Legal Info Lot Number: 115
  • Legal Info Range: 3E
  • Legal Info Section: 26
  • Legal Info Township: 1N
  • Other Type: House + Rental Units
  • Roads Streets: Asphalt
  • Property Type: F
  • Legal Description Abbrev: BROADWAY ESTATES LOTS 137-158
  • Marketing Name: Broadway Estates
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 4.00
  • Map Code Grid: R35
  • Year Built: 1971
  • Tax Year: 1021
  • Directions: S to 24th Place, E to Tamarisk, E to Property on North side of street.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished

Exterior Features

  • Exterior Amenities: Desert Landscaping, Partially Fenced
  • Roofing: Comp Shingle
  • Construction: Block, Frame - Wood

Garage/Parking

  • Parking: 1 Space/Unit, Street Parking
  • Total Parking Spaces: 4.00

Utilities

  • Water: City Franchise
  • Electric: APS, SRP
  • Gas: SW Gas
  • Cooling: Evaporative Cooling

Condo/Co-op/Association

  • Community Amenities: No Pool

Lot Info

  • Lot Size: IRR

Multi Family

  • Income And Expenses Operating Exp: 2010.00
  • Owner Pays: Landscaping, Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electric, Gas
  • Total Numberof Buildings: 2
  • Total Numberof Units: 2.00

Tax Info

  • Taxes: 2010.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2011
Closed on
Feb 14, 2012
Sold by
East Phoenix Management Llc
Bought by
Reachus Llc
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
David Gudmundsen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$39,000
Sold Price
$20,126
Premium/Discount to List
-$18,874
-48.39%
Current Estimated Value
$289,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,588
Avg. Annual Appreciation
21.73%

Purchase Details

Listed on
Jul 26, 2011
Closed on
Jan 19, 2012
Sold by
Araujo Javier C and Araujo Leticia L
Bought by
Jl Dcs Properties Inc
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
David Gudmundsen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$39,000
Sold Price
$20,126
Premium/Discount to List
-$18,874
-48.39%

Purchase Details

Listed on
Jul 26, 2011
Closed on
Jan 17, 2012
Sold by
Araujo Javier and Araujo Leticia
Bought by
East Phoenix Management Llc
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
David Gudmundsen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$39,000
Sold Price
$20,126
Premium/Discount to List
-$18,874
-48.39%

Purchase Details

Closed on
Jan 19, 2011
Sold by
Jl Dcs Properties Inc
Bought by
Araujo Javier and Araujo Leticia

Purchase Details

Closed on
May 12, 2006
Sold by
Araujo Javier C and Araujo Leticia L
Bought by
Jl-Dcs Properties Inc

Purchase Details

Closed on
Sep 12, 2005
Sold by
Araujo Javier C and Araujo Leticia L
Bought by
Araujo Javier C and Araujo Leticia L

Purchase Details

Closed on
Feb 10, 2005
Sold by
Cardenas Moises and Cardenas Rosamaria
Bought by
Araujo Javier and Araujo Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.25%
Mortgage Type
New Conventional
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
Reachus Llc $34,000 Chicago Title
Jl Dcs Properties Inc -- Chicago Title
East Phoenix Management Llc $20,126 Chicago Title
Araujo Javier -- Chicago Title
Jl-Dcs Properties Inc -- None Available
Araujo Javier C -- None Available
Araujo Javier $120,000 Camelback Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Reachus Llc $800,000
Previous Owner Araujo Javier $96,000
Previous Owner Cardenas Moises $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2012 01/20/12 Sold $20,126 -48.4% --
08/04/2011 08/04/11 Pending -- -- --
07/26/2011 07/26/11 For Sale $39,000 -- --
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 $600 $4,083 -- --
2024 $583 $3,888 -- --
2023 $583 $19,480 $3,890 $15,590
2022 $571 $14,720 $2,940 $11,780
2021 $583 $12,710 $2,540 $10,170
2020 $575 $11,560 $2,310 $9,250
2019 $557 $9,670 $1,930 $7,740
2018 $542 $8,000 $1,600 $6,400
2017 $516 $6,500 $1,300 $5,200
2016 $491 $5,200 $1,040 $4,160
2015 $462 $3,910 $780 $3,130
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2012

    Lois Kaipainen

    Income Property Shop

    Section Image
  • David Gudmundsen

    Buyer's Agent in 2012

    David Gudmundsen

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 830-2552

    44 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4636868

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-57-097

Arizona Maricopa County Phoenix 85040 South Mountain

2536 E Tamarisk Ave, Phoenix, AZ

This home is located at 2536 E Tamarisk Ave, Phoenix, AZ 85040 since 26 July 2011 and is currently estimated at $280,968. This property was built in 1971. 2536 E Tamarisk Ave 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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