NOT LISTED FOR SALE

2571 E Mobile Ln Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $498,000 - $582,000

-- Bed
-- Bath
2,244 Sq Ft
$243/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $550,000 $245 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,130/month

26 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of September 2023

Nice remodeled Triplex near South Mountain. Fresh new exterior paint. New roof just installed!! Brand new AC unit in Unit#1 and #2. This property has increased in property values & rents. This charming 1 building... 3 unit investment property has a nice mix w/a 3 bedrm/1 bath (776 sf) a 2 bedrm/1 bath (736 sf) and a 1 bedrm/1 bath (608 sf). All units are rented, providing immediate cash flow. All units are individually metered for electric, and each has its own AC units on the roof. Updated tile flooring & tub surrounds, appliances, countertops, bathrooms, paint, ceiling fans, painted kitchen cabinets and more. Great cash flow with minimal expenses. Long term tenants... Washer and dryer in all 3 units. Sunscreens around the entire unit. Bring your buyers today!!

Last Agent to Sell the Property

Erica Rodgers

Elite Partners License #SA633832000 Listed on: 07/19/2023

Co-Listed By

Somone Wilder

Jason Mitchell Real Estate License #BR674491000

Last Buyer's Agent

Jeff Hicks

Realty Executives License #SA537901000

Realty Executives

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $746

Year Built

  • Built in 1986

Lot Details

  • 7,231

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Free Parking
  • Paved Parking
  • Assigned Parking

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Central Air
  • Heat Pump System
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 98
  • Assessor Parcel Number 122-55-059-B

Community Details

Overview

  • 3 Units
  • Building Dimensions are irregular
  • Ben Jo Estates Lots 1 10, 33 52, 75 94 Subdivision

Building Details

  • Operating Expense $746

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$746

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: 24th Street & Broadway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3Multi-Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2022
  • Directions: South on 24th St, East on Mobile Ln, Triplex is on the right (Corner of Mobile Ln & 27th St)
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: hagu01
  • Co List Office Phone: 480-998-0110
  • Subdivision Name: BEN-JO ESTATES LOTS 1-10, 33-52, 75-94
  • Tax Parcel Letter: B
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: W/D Hookup
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Free, Assigned
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Assigned: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP, City Electric, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Electric, Individual
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Lot Size: irregular
  • Additional Parcels: No
  • Parcel #: 122-55-059-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Operating Expense: 746.0

Tax Info

  • Tax Annual Amount: 746.0
  • Tax Book Number: 122.00
  • Tax Lot: 98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Sep 1, 2023
Sold by
Ll2571 Llc
Bought by
Magnificent Rentals Llc
Seller's Agent
Erica Rodgers
Elite Partners
Buyer's Agent
Jeff Hicks
Realty Executives
List Price
$594,999
Sold Price
$550,000
Premium/Discount to List
-$44,999
-7.56%
Total Days on Market
26
Views
17
Current Estimated Value
$546,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,903
Avg. Annual Appreciation
-0.40%

Purchase Details

Closed on
Nov 15, 2021
Sold by
Omar Hernandez
Bought by
Ll2571 Llc

Purchase Details

Listed on
May 9, 2020
Closed on
Jul 13, 2020
Sold by
Rafh Properties Llc
Bought by
Hernandez Omar
Seller's Agent
Kim Martinetti
Vantage Real Estate Group
Buyer's Agent
Glen Mills
Best Life Realty LLC
List Price
$317,000
Sold Price
$310,000
Premium/Discount to List
-$7,000
-2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%
Original Mortgage
$304,385
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2017
Sold by
Summer S Management Llc
Bought by
Summer S Management Llc

Purchase Details

Closed on
Jun 30, 2016
Sold by
Fernandez Ana
Bought by
Summers Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2014
Sold by
Fernandez Roberto
Bought by
Fernandez Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2012
Sold by
Montalvo Moctezuma
Bought by
Moctezuma Holdings Llc

Purchase Details

Listed on
Feb 25, 2012
Closed on
Mar 26, 2012
Sold by
Brandini Hildings Llc
Bought by
Montalvo Moctezuma
Buyer's Agent
Noemi Yamasaki
HomeSmart
List Price
$59,900
Sold Price
$59,000
Premium/Discount to List
-$900
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.38%

Purchase Details

Closed on
Mar 23, 2010
Sold by
The Cotterkey Growth Fund Llc
Bought by
Brandory Investments Llc

Purchase Details

Closed on
Mar 19, 2010
Sold by
Hernandez Dora S
Bought by
Cotterkey Growth Fund Llc

Purchase Details

Closed on
Jun 5, 2002
Sold by
Garcia Maria
Bought by
Hernandez Dora S

Purchase Details

Closed on
Dec 14, 1998
Sold by
Al Kepko Ltd
Bought by
London Wallace J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,350
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 1998
Sold by
London Wallace J
Bought by
Garcia Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,350
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 1997
Sold by
London Wallace J
Bought by
Al Kepko Ltd

Purchase Details

Closed on
Feb 15, 1996
Sold by
Venet Louis E and Venet Donna
Bought by
London Wallace Joseph
Source: Public Records

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Range of Values:

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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
Magnificent Rentals Llc $550,000 Equity Title Agency
Ll2571 Llc -- --
Hernandez Omar $310,000 Empire West Title Agency Llc
Summer S Management Llc -- None Available
Summers Management Llc -- Empire West Title Agency
Fernandez Ana -- Stewart Title & Trust Of Pho
Fernandez Ana $108,000 Stewart Title & Trust Of Pho
Moctezuma Holdings Llc -- None Available
Montalvo Moctezuma $56,000 American Title Service Agenc
Brandory Investments Llc -- None Available
Cotterkey Growth Fund Llc $25,111 None Available
Hernandez Dora S -- --
London Wallace J -- Stewart Title & Trust
Garcia Maria $51,000 Stewart Title & Trust
Al Kepko Ltd -- --
London Wallace Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Omar $304,385
Previous Owner Summers Management Llc $82,000
Previous Owner Fernandez Ana $81,000
Previous Owner Moctezuma Holdings Llc $40,000
Previous Owner Hernandez Dora S $164,624
Previous Owner Garcia Maria $43,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $550,000 -7.6% $245 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $594,999 +91.9% $265 / Sq Ft
08/07/2020 08/07/20 Sold $310,000 -2.2% $138 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $317,000 +437.3% $141 / Sq Ft
03/30/2012 03/30/12 Sold $59,000 -1.5% --
03/12/2012 03/12/12 Pending -- -- --
02/25/2012 02/25/12 For Sale $59,900 -- --
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 $784 $5,336 -- --
2024 $762 $5,082 -- --
2023 $762 $31,670 $6,330 $25,340
2022 $746 $22,220 $4,440 $17,780
2021 $761 $18,230 $3,640 $14,590
2020 $752 $14,820 $2,960 $11,860
2019 $728 $14,720 $2,940 $11,780
2018 $708 $11,970 $2,390 $9,580
2017 $675 $7,920 $1,580 $6,340
2016 $642 $6,730 $1,340 $5,390
2015 $604 $5,730 $1,140 $4,590
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Erica Rodgers

    Elite Partners

  • Somone Wilder

    Seller Co-Listing Agent in 2023

    Somone Wilder

    Jason Mitchell Real Estate

    (602) 696-7859

    22 in this area

    687 Total Sales

    Somone Wilder
    Section Image
  • Jeff Hicks

    Buyer's Agent in 2023

    Jeff Hicks

    Realty Executives

    (602) 410-3767

    2 in this area

    9 Total Sales

    Jeff Hicks
    Section Image

  • K

    Seller's Agent in 2020

    Kim Martinetti

    Vantage Real Estate Group

    (602) 349-7126

    2 in this area

    12 Total Sales

    Kim Martinetti
    Section Image
  • Glen Mills

    Buyer's Agent in 2020

    Glen Mills

    Best Life Realty LLC

    (480) 794-1694

    1 in this area

    49 Total Sales

    Glen Mills
    Section Image

  • N

    Buyer's Agent in 2012

    Noemi Yamasaki

    HomeSmart

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6582421

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-55-059B

Arizona Maricopa County Phoenix 85040 South Mountain

2571 E Mobile Ln, Phoenix, AZ

This home is located at 2571 E Mobile Ln, Phoenix, AZ 85040 since 19 July 2023 and is currently estimated at $546,097, approximately $243 per square foot. This property was built in 1986. 2571 E Mobile Ln 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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