NOT LISTED FOR SALE

2554 E Mobile Ln Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $320,021 - $422,000

-- Bed
-- Bath
1,440 Sq Ft
$269/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $135,000 $94 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,069/month

20 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of December 2018

Great potential in this property! Two units both with a good size floorplan, 2 bedrooms, and 1 bath. Both untis have RV gates along with their own yard space with shade trees. Property is conveniently located minutes away from PHX Sky Harbor as well as downtown. Come check it out! Rent has not been raised since property was last purchased.

Last Agent to Sell the Property

Maricela Madrid

Century 21 Northwest License #SA681770000 Listed on: 11/14/2018

Century 21 Northwest

Last Buyer's Agent

Lucas Thomas

West USA Realty License #SA655549000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $448

Year Built

  • Built in 1960

Lot Details

  • 6,578

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces

Schools

  • Martin Luther King Early Childhood Center Elementary School
  • Percy L Julian Middle School
  • South Mountain High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 71
  • Assessor Parcel Number 122-55-050-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 55x120
  • Ben Jo Estates Subdivision

Building Details

  • Operating Expense $5,778
  • Net Operating Income $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$448

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 24th St and Roeser Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Year Built: 1960
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Subdivision Name: BEN-JO ESTATES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 4800.0

Schools

  • Elementary School: Martin Luther King Early Childhood Center
  • High School: South Mountain High School
  • Middle Or Junior School: Percy L Julian School

Lot Info

  • Lot Size: 55x120
  • Additional Parcels: No
  • Parcel #: 122-55-050-A

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 2
  • Insurance Expense: 530.0
  • Property Net Operating Income: 8400.0
  • Annual Operating Expense: 5778.0

Tax Info

  • Tax Annual Amount: 448.0
  • Tax Book Number: 122.00
  • Tax Lot: 71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
Dec 10, 2018
Sold by
Herrera Santos
Bought by
J Lehman Llc
Seller's Agent
Maricela Madrid
Century 21 Northwest
Buyer's Agent
Lucas Thomas
West USA Realty
List Price
$160,000
Sold Price
$135,000
Premium/Discount to List
-$25,000
-15.62%
Current Estimated Value
$387,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,340
Avg. Annual Appreciation
16.08%

Purchase Details

Closed on
Jan 26, 2012
Sold by
Bonfil Ismael
Bought by
Herrera Santos

Purchase Details

Closed on
Apr 27, 1999
Sold by
Johnson Abraham A
Bought by
Bonfil Ismael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
J Lehman Llc $135,000 Pioneer Title Agency Inc
Herrera Santos $30,000 American Title Service Agenc
Bonfil Ismael $76,500 First Southwestern Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $135,000 -15.6% $94 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $160,000 -- $111 / 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 $539 $3,767 -- --
2024 $509 $3,588 -- --
2023 $509 $23,310 $4,660 $18,650
2022 $499 $16,310 $3,260 $13,050
2021 $512 $13,530 $2,700 $10,830
2020 $505 $10,630 $2,120 $8,510
2019 $489 $10,360 $2,070 $8,290
2018 $475 $7,680 $1,530 $6,150
2017 $448 $5,560 $1,110 $4,450
2016 $426 $4,570 $910 $3,660
2015 $398 $4,020 $800 $3,220
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Maricela Madrid

    Century 21 Northwest

    (480) 947-7000

    3 Total Sales

    Maricela Madrid
    Section Image
  • Lucas Thomas

    Buyer's Agent in 2018

    Lucas Thomas

    West USA Realty

    (602) 885-1148

    1 in this area

    17 Total Sales

    Lucas Thomas
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5846931

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-55-050A

Arizona Maricopa County Phoenix 85040 South Mountain

2554 E Mobile Ln, Phoenix, AZ

Not Listed for Sale

MultiFamily

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

Nearby Homes