$95,000
SOLD APR 17, 2012 RENTED OCT 16, 2024

2544 N 85th Ave Phoenix, AZ 85037

3 Beds
2 Baths
1,382 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

52 Days on Market

Highlights

  • Vaulted Ceiling
  • Private Yard
  • Eat-In Kitchen
  • Ranch Style House
  • Covered patio or porch
  • Walk-In Closet

About This Home

As of November 2015

Investor Opportunity! Tenant Occupied! Not a Short Sale or REO! Quick Close possible! This 3 bedroom newly remodeled home has a large great room with a fireplace, a large yard with a covered patio, and features stone accents in the front of the home. Entire house is tiled and has been recently remodeled and painted. This home is located in the nice Amberlea community of newer homes in West Phoenix, just north of I-10, and close to a neighborhood park! Landscaping is low maintenance. Great location to schools and shopping. Tenant occupied at $950 month through 2/28/2013 gives you $11,400 in yearly gross rents with a 5% vacancy rate of -$570 equates to an effective income of $10,830. Yearly expenses of $2506 gives you an NOI of $8,324 with a 8.41% Cap Rate.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 01/24/2012

Co-Listed By

Mike Stohler

Leading Edge Real Estate LLC License #SA640553000

Last Buyer's Agent

Patrick O'Sullivan

Get Multifamily License #BR634211000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,367

Year Built

  • Built in 1995

Lot Details

  • Block Wall Fence
  • Private Yard

Home Design

  • Ranch Style House
  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,382 Sq Ft Home
  • Vaulted Ceiling
  • Family Room
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch

Schools

  • Pendergast Elementary School
  • Pendergast Elementary Middle School
  • Tolleson Union High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • $848 per year Dock Fee
  • Association fees include no fees
  • Located in the Amberlea master-planned community
  • Built by Diamond Homes

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,367

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Cross Street: I-10 & 83rd Avenue
  • Legal Info Lot Number: 65
  • Legal Info Range: 1E
  • Legal Info Section: 34
  • Legal Info Township: 2N
  • Property Type: A
  • Unit Style: All on One Level
  • Technology: Cable TV Avail, High Speed Internet Available
  • Assessor Parcel Number: 460.00
  • Hndrd Blk Directionl: W
  • Hundred Block: 8500
  • Marketing Name: 85th Ave SFH
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst
  • Architecture: Ranch, Santa Barbara/Tuscan
  • Assessor Parcel Number: 102-87-460
  • Construction Finish: Stone, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 32FRX2G
  • Map Code Grid: P31
  • Primary Bathroom Type: Full Bth Master Bdrm
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Planned Comm Name: Amberlea
  • Price per Sq Ft: 68.73
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1995
  • Tax Year: 2011
  • Directions: North on 83rd Ave. Left on Encanto Blvd. Right on 85th Drive. Right on Lewis Ave. Lewis Ave. becomes 85th Ave. Home on Left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: Vaulted Ceiling(s)
  • Bedrooms: 3
  • Bedrooms Plus: 3.00
  • Other Rooms: Family Room
  • Bathrooms: 2.00
  • Laundry: Inside, Wshr/Dry HookUp Only
  • Flooring: Tile
  • Fireplace: 1 Fireplace, Fireplace Living Rm
  • Dining Area: Eat-in Kitchen
  • Estimated Lot Sq Ft: 7457.00
  • Estimated Sq Ft: 1382.00
  • Kitchen Features: Dishwasher, Disposal, Pantry, Range/Oven Elec, Refrigerator
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Landscaping: Grass Back, Grass Front
  • Roofing: Tile
  • Fencing: Block
  • Construction: Frame - Wood
  • Exterior Features: Covered Patio(s), Patio, Pvt Yrd(s)/Crtyrd(s)
  • Pool Private: No Pool

Garage/Parking

  • Parking Features: Electric Door Opener

Utilities

  • Water: City Water
  • Utilities: SRP
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric

Condo/Co-op/Association

  • Services: City Services
  • Community Features: Children's Playgrnd
  • Fee Include: No Fees

Schools

  • Elementary School: Pendergast Elementary School
  • Middle School: Pendergast Elementary School
  • High School: Tolleson Union High School
  • Elementary School: Pendergast Elementary School
  • High School: Tolleson Union High School
  • Jr High School: Pendergast Elementary School

Building Info

  • Builder Name: Diamond Homes

Tax Info

  • Taxes: 848.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Oct 18, 2024
Sold by
Dominguez Cesario R and Garcia Alma C
Bought by
Dominguez Cesario R and Porras Alma C
Seller's Agent
Rodrigo Perez Hernandez
EMG Real Estate
Buyer's Agent
Rodrigo Perez Hernandez
EMG Real Estate
Sold Price
$2,400
Total Days on Market
52
Views
4
Current Estimated Value
$369,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,621

Purchase Details

Closed on
Jul 30, 2024
Sold by
Dominguez Cesario R
Bought by
Dominguez Cesario R and Garcia Alama C

Purchase Details

Listed on
Nov 18, 2015
Closed on
Oct 28, 2015
Sold by
Babury Lllp Limited Liability Company
Bought by
Dominguez Cesario R
Seller's Agent
Manuel Garcia
EMG Real Estate
Buyer's Agent
Kelly Rojas
My Home Group Real Estate
Sold Price
$1,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$50,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 24, 2012
Closed on
Mar 21, 2012
Sold by
Diamondback Investments Llc
Bought by
Babury Llp
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Patrick O'Sullivan
Get Multifamily
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.45%

Purchase Details

Closed on
Dec 20, 2011
Sold by
Aia Holdings Llc
Bought by
Diamondback Investments Llc

Purchase Details

Closed on
Dec 12, 2011
Sold by
Dawson Maria Armida
Bought by
Aia Holdings Llc

Purchase Details

Closed on
Mar 18, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Deutsche Bank National Trust Company and Ixis Real Estate Capital Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,496
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2009
Sold by
Dawson Theophillus W
Bought by
Dawson Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,496
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2008
Sold by
Sosa Carlos
Bought by
Deutsche Bank Trust Company Americas and Ixis 2007-He1

Purchase Details

Closed on
Jun 29, 2006
Sold by
Franco Olga Lidia Sosa
Bought by
Sosa Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,900
Interest Rate
9.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2004
Sold by
Franco Olga Lidia Sosa
Bought by
Camacho Carlos Sosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,991
Interest Rate
5.64%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 1995
Sold by
United Homes Inc
Bought by
Villa Pete M and Villa Stephanie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,532
Interest Rate
7.58%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $158,900 First American Title Ins Co
Cash Sale Deed $95,000 Clear Title Agency Of Arizon
Quit Claim Deed -- None Available
Trustee Deed $62,500 None Available
Quit Claim Deed -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Special Warranty Deed $83,000 First American Title Ins Co
Trustee Deed $114,750 None Available
Interfamily Deed Transfer -- Excel Title Agency Llc
Quit Claim Deed -- Excel Title Agency Llc
Interfamily Deed Transfer -- Century Title Agency Inc
Warranty Deed $130,000 Century Title Agency Inc
Joint Tenancy Deed $87,554 First American Title
Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Purchase Money Mortgage
Previous Owner $60,000 Unknown
Previous Owner $81,496 FHA
Previous Owner $206,900 Purchase Money Mortgage
Previous Owner $143,600 Fannie Mae Freddie Mac
Previous Owner $127,991 FHA
Previous Owner $85,532 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Rented $2,400 0.0% --
10/03/2024 10/03/24 For Rent $2,400 +118.2% --
12/01/2015 12/01/15 Rented $1,100 0.0% --
12/01/2015 12/01/15 Under Contract -- -- --
11/18/2015 11/18/15 For Rent $1,100 0.0% --
11/13/2015 11/13/15 Sold $158,900 0.0% $115 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $158,900 +67.3% $115 / Sq Ft
04/17/2012 04/17/12 Sold $95,000 -4.0% $69 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
03/07/2012 03/07/12 Price Changed $99,000 +4.2% $72 / Sq Ft
02/27/2012 02/27/12 For Sale $95,000 0.0% $69 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $95,000 0.0% $69 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $95,000 -- $69 / 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 $1,367 $9,426 -- --
2024 $1,388 $8,977 -- --
2023 $1,388 $24,530 $4,900 $19,630
2022 $1,336 $18,520 $3,700 $14,820
2021 $1,280 $16,810 $3,360 $13,450
2020 $1,244 $15,450 $3,090 $12,360
2019 $1,234 $13,700 $2,740 $10,960
2018 $1,164 $12,810 $2,560 $10,250
2017 $969 $10,510 $2,100 $8,410
2016 $888 $9,770 $1,950 $7,820
2015 $972 $8,700 $1,740 $6,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4706034

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-87-460