NOT LISTED FOR SALE

2538 W Ocotillo Rd Phoenix, AZ 85017

Grandview Neighborhood

Estimated Value: $493,353 - $623,000

-- Bed
-- Bath
2,330 Sq Ft
$240/Sq Ft Est. Value

Last Sold November 28, 2023

Last sale price $505,000 $217 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,219/month

20 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating Available
  • Washington High School Rated A-

About This Home

As of November 2023

Duplex on Ocotillo is located near I17 and Grand Canyon University. Both units are 3 bedrooms 2 bath units (~1,165 SF EACH). Both have large private yards in the back. Seller just painted the building about a year ago. All facts and figures are approximate buyer to verify all information.

Last Listed By

Zachary Coty

R.O.I. Properties License #SA697361000 Listed on: 09/29/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,366

Year Built

  • Built in 2006

Lot Details

  • 7,057

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Units
  • Building Dimensions are IRR, See tax assessor
  • Krall's Homesites Subdivision

Listing and Financial Details

  • Legal Lot and Block 17 / 2
  • Assessor Parcel Number 156-01-042-G

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,366

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: Glendale Ave & 27th Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2006
  • Tax Year: 2022
  • Directions: South on 27th Ave from Glendale Ave to Ocotillo Rd. East to property located on the left side.
  • Road Surface Type: Asphalt
  • Subdivision Name: KRALL'S HOMESITES
  • Tax Parcel Letter: G
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit, Street Parking
  • 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
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: IRR, See tax assessor
  • Additional Parcels: No
  • Parcel #: 156-01-042-G

Multi Family

  • Owner Pays: Other
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1366.0
  • Tax Block: 2
  • Tax Book Number: 156.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 28, 2023
Sold by
Gs2m Llc
Bought by
Avezbakiyev Sergey
Seller's Agent
Zachary Coty
R.O.I. Properties
Buyer's Agent
Rachel Yusupova
HomeSmart
List Price
$520,000
Sold Price
$505,000
Premium/Discount to List
-$15,000
-2.88%
Total Days on Market
20
Views
9
Current Estimated Value
$558,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,838
Avg. Annual Appreciation
7.29%
Original Mortgage
$378,750
Outstanding Balance
$374,099
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$184,739

Purchase Details

Listed on
Mar 9, 2015
Closed on
Jun 2, 2015
Sold by
Buisker Clark and Rapatz Brigitte
Bought by
Gs2m Llc
Seller's Agent
Brigitte Rapatz
Compass
Buyer's Agent
Larry Cheuk
Gold Coast Realty
List Price
$155,000
Sold Price
$152,500
Premium/Discount to List
-$2,500
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.20%

Purchase Details

Closed on
Feb 11, 2010
Sold by
Canadian Investors Associates Llc
Bought by
Busiker Clark and Rapatz Brigitte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,600
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2010
Sold by
Lu Tracye
Bought by
Canadian Investor Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,600
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2007
Sold by
Lu Tracye and Lu Bessie
Bought by
Lu Bessie

Purchase Details

Closed on
Jul 18, 2006
Sold by
Lu Tracye
Bought by
Lu Tracye and Lu Bessie

Purchase Details

Closed on
Sep 26, 2005
Sold by
Demore Development Llc
Bought by
Lu Tracye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
5.93%
Mortgage Type
New Conventional

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
Avezbakiyev Sergey $505,000 Pioneer Title Services
Gs2m Llc $152,500 Great Amer Title Agency Inc
Busiker Clark -- None Available
Canadian Investor Associates Llc $62,500 None Available
Lu Bessie -- None Available
Lu Tracye -- Grand Canyon Title Agency
Lu Tracye $248,900 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avezbakiyev Sergey $378,750
Previous Owner Busiker Clark $74,600
Previous Owner Lu Tracye $199,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Sold $505,000 -2.9% $217 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $520,000 +241.0% $223 / Sq Ft
06/15/2015 06/15/15 Sold $152,500 -1.6% $65 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $155,000 -- $67 / 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 $1,438 $11,759 -- --
2024 $1,412 $11,199 -- --
2023 $1,412 $31,350 $6,270 $25,080
2022 $1,366 $23,700 $4,740 $18,960
2021 $1,384 $21,270 $4,250 $17,020
2020 $1,349 $19,060 $3,810 $15,250
2019 $1,324 $16,430 $3,280 $13,150
2018 $1,290 $15,210 $3,040 $12,170
2017 $1,283 $12,960 $2,590 $10,370
2016 $1,260 $10,810 $2,160 $8,650
2015 $1,167 $9,350 $1,870 $7,480
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2023

    Zachary Coty

    R.O.I. Properties

  • Rachel Yusupova

    Buyer's Agent in 2023

    Rachel Yusupova

    HomeSmart

    (602) 741-4343

    4 in this area

    97 Total Sales

    Rachel Yusupova
    Section Image
  • Brigitte Rapatz

    Seller's Agent in 2015

    Brigitte Rapatz

    Compass

    (602) 672-1000

    28 Total Sales

    Brigitte Rapatz
    Section Image

  • L

    Buyer's Agent in 2015

    Larry Cheuk

    Gold Coast Realty

    (602) 291-8819

    88 Total Sales

    Larry Cheuk
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6611608

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-01-042G

Arizona Maricopa County Phoenix 85017 Grandview

2538 W Ocotillo Rd, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 2538 W Ocotillo Rd, Phoenix, AZ 85017 since 29 September 2023 and is currently estimated at $558,838, approximately $239 per square foot. This property was built in 2006. 2538 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