2571 E Mobile Ln Phoenix, AZ 85040
South Mountain Neighborhood
--
Bed
--
Bath
2,244
Sq Ft
1986
Built
Highlights
- Central Air
- Ceiling Fan
- Heat Pump System
- Phoenix Coding Academy Rated A
About This Home
As of September 2023Nicely remodeled Triplex surrounded by the South Phoenix Village infill redevelopment project (www.SouthPhoenixVillage.com). This offers an easy upside 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, some to long-term tenants. All units are individually metered for electric, and each has its own refrigerator & AC on the roof. Updated in 2018-20 w/new: Tile flooring & tub surrounds, appliances, countertops, bathrooms, paint, ceiling fans, painted kitchen cabinets and more (lists are in Documents). Only the 1 bedrm/1 bath has washer/dryer hook-ups and is not remodeled. Please refer to the PROPERTY FLYER in the Documents for more details
Last Agent to Sell the Property
Vantage Real Estate Group License #BR106405000 Listed on: 05/09/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $728
Year Built
- Built in 1986
Home Design
- Composition Roof
- Block Exterior
- Stucco
Interior Spaces
- Ceiling Fan
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Utilities
- Central Air
- Heat Pump System
- Master Water Meter
Listing and Financial Details
- Tenant pays for cable TV
- 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 irr
- Ben Jo Estates Lots 137 158 Subdivision
Building Details
- Operating Expense $5,938
- Gross Income $22,344
- Net Operating Income $15,730
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
Fathom Realty Elite
List Price
$594,999
Sold Price
$550,000
Premium/Discount to List
-$44,999
-7.56%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,799
Avg. Annual Appreciation
3.25%
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
13.37%
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
18.63%
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
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | Equity Title Agency | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $310,000 | Empire West Title Agency Llc | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Empire West Title Agency | |
| Interfamily Deed Transfer | -- | Stewart Title & Trust Of Pho | |
| Warranty Deed | $108,000 | Stewart Title & Trust Of Pho | |
| Quit Claim Deed | -- | None Available | |
| Cash Sale Deed | $56,000 | American Title Service Agenc | |
| Quit Claim Deed | -- | None Available | |
| Trustee Deed | $25,111 | None Available | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | Stewart Title & Trust | |
| Warranty Deed | $51,000 | Stewart Title & Trust | |
| Quit Claim Deed | -- | -- | |
| Trustee Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $304,385 | FHA | |
| Previous Owner | $82,000 | Purchase Money Mortgage | |
| Previous Owner | $81,000 | Purchase Money Mortgage | |
| Previous Owner | $40,000 | Unknown | |
| Previous Owner | $164,624 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $43,350 | New Conventional |
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
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
699 Total Sales
-
Jeff Hicks
Buyer's Agent in 2023
Jeff Hicks
Fathom Realty Elite
(602) 410-3767
2 in this area
5 Total Sales
-
Kim Martinetti
K
Seller's Agent in 2020
Kim Martinetti
Vantage Real Estate Group
(602) 349-7126
1 in this area
10 Total Sales
-
Glen Mills
Buyer's Agent in 2020
Glen Mills
Best Life Realty LLC
(480) 794-1694
47 Total Sales
-
N
Buyer's Agent in 2012
Noemi Yamasaki
HomeSmart
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6076228
APN: 122-55-059B
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.
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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