Seller's Agent in 2019
Carrick Sears
SVN/Desert Commercial Advisors
(602) 327-0325
1 in this area
18 Total Sales
2601 E Monte Cristo Ave Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated Value: $390,000 - $542,000
Studio
--
Bath
2,093
Sq Ft
$225/Sq Ft
Est. Value
Highlights
- Multiple cooling system units
- Ceramic Tile Flooring
- Central Heating and Cooling System
About This Home
As of December 2019MULTIFAMILY TRI-PLEX INVESTMENT OPPORTUNITY PROVIDING IMMEDIATE CASH-FLOW! This is a great Tri-Plex with all Two Bedroom/One Bath units. Each unit has a secure, gated front patio entrance, and private back yard area. All of the units have ceramic tile floors, and are in good shape. Rents are way below market, new buyer has significant upside. This is a very desirable rental area, and units rent quickly. There is also access to employment, entertainment, transportation, parks, and schools very near by. Property has extra land to the east of patio fenceline, and also a closed off alley in back that could be utilized for more parking or even to build carports or storage units.
Last Agent to Sell the Property
SVN/Desert Commercial Advisors License #BR633405000 Listed on: 10/22/2019
Last Buyer's Agent
SVN/Desert Commercial Advisors License #BR633405000 Listed on: 10/22/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $601
Year Built
- Built in 1962
Lot Details
- 8,451
Home Design
- Composition Roof
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- On-Street Parking
Schools
- Abraham Lincoln Traditional Elementary School
- Paradise Valley High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Multiple Heating Units
- Heating System Uses Natural Gas
- Heat Pump System
- Separate Meters
Listing and Financial Details
- Tenant pays for gas, electricity, cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 8
- Assessor Parcel Number 214-40-042
Community Details
Overview
- 3 Units
- Building Dimensions are 8427
- Jolly Acres Subdivision
Building Details
- Operating Expense $5,401
- Gross Income $23,940
- Net Operating Income $18,539
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2019
Closed on
Dec 13, 2019
Sold by
Bought by
Seller's Agent
Carrick Sears
SVN/Desert Commercial Advisors
Buyer's Agent
Carrick Sears
SVN/Desert Commercial Advisors
List Price
$270,000
Sold Price
$260,000
Premium/Discount to List
-$10,000
-3.7%
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
$211,631
Avg. Annual Appreciation
9.59%
Original Mortgage
$195,000
Outstanding Balance
$172,256
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$299,375
Purchase Details
Closed on
Jun 30, 2017
Sold by
Bought by
Purchase Details
Listed on
Sep 1, 2016
Closed on
Oct 21, 2016
Sold by
Bought by
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Terry Kass
Coldwell Banker Commercial Realty
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%
Original Mortgage
$105,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.18%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 12, 2013
Sold by
Bought by
Purchase Details
Listed on
Jan 18, 2012
Closed on
Mar 23, 2012
Sold by
Bought by
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$49,000
Sold Price
$40,000
Premium/Discount to List
-$9,000
-18.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.95%
Original Mortgage
$46,300
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2006
Sold by
Bought by
Purchase Details
Closed on
Jun 6, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 5, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 21, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.84%
Purchase Details
Closed on
Dec 27, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,850
Interest Rate
7.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.63%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $260,000 | Empire West Title Agency Llc | ||
| -- | None Available | ||
| -- | Pioneer Title Agency Inc | ||
| $140,000 | Pioneer Title Agency Inc | ||
| $290,000 | American Title Service Agenc | ||
| -- | American Title Service Agenc | ||
| -- | Chicago Title | ||
| $40,000 | Chicago Title | ||
| $205,900 | None Available | ||
| $205,900 | Tsa Title Agency | ||
| $150,000 | Transnation Title Insurance | ||
| -- | Stewart Title & Trust Phoeni | ||
| $121,114 | Stewart Title & Trust | ||
| $74,500 | Stewart Title & Trust |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $195,000 | ||
| Previous Owner | $105,000 | ||
| Previous Owner | $232,000 | ||
| Previous Owner | $46,300 | ||
| Previous Owner | $164,700 | ||
| Previous Owner | $120,000 | ||
| Previous Owner | $116,000 | ||
| Previous Owner | $96,850 | ||
| Previous Owner | $52,500 | ||
| Closed | $12,111 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/16/2019 12/16/19 | Sold | $260,000 | -3.7% | $124 / Sq Ft | |
| 11/10/2019 11/10/19 | Pending | -- | -- | -- | |
| 10/22/2019 10/22/19 | For Sale | $270,000 | +86.2% | $129 / Sq Ft | |
| 09/16/2016 09/16/16 | Sold | $145,000 | -2.7% | $69 / Sq Ft | View Prior Sale |
| 09/07/2016 09/07/16 | Pending | -- | -- | -- | |
| 08/30/2016 08/30/16 | For Sale | $149,000 | 0.0% | $71 / Sq Ft | |
| 10/21/2015 10/21/15 | Rented | $500 | 0.0% | -- | |
| 10/06/2015 10/06/15 | Under Contract | -- | -- | -- | |
| 09/25/2015 09/25/15 | For Rent | $500 | +25.3% | -- | |
| 08/15/2014 08/15/14 | Rented | $399 | -20.0% | -- | |
| 08/13/2014 08/13/14 | Under Contract | -- | -- | -- | |
| 06/25/2014 06/25/14 | For Rent | $499 | 0.0% | -- | |
| 03/29/2012 03/29/12 | Sold | $40,000 | -18.4% | $19 / Sq Ft | View Prior Sale |
| 03/01/2012 03/01/12 | Pending | -- | -- | -- | |
| 01/10/2012 01/10/12 | For Sale | $49,000 | -- | $23 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $654 | $6,401 | -- | -- |
| 2024 | $624 | $6,096 | -- | -- |
| 2023 | $624 | $27,730 | $5,540 | $22,190 |
| 2022 | $618 | $22,570 | $4,510 | $18,060 |
| 2021 | $619 | $18,580 | $3,710 | $14,870 |
| 2020 | $600 | $16,310 | $3,260 | $13,050 |
| 2019 | $601 | $13,130 | $2,620 | $10,510 |
| 2018 | $581 | $11,320 | $2,260 | $9,060 |
| 2017 | $557 | $10,380 | $2,070 | $8,310 |
| 2016 | $548 | $8,450 | $1,690 | $6,760 |
| 2015 | $507 | $7,100 | $1,420 | $5,680 |
Source: Public Records
Agents Affiliated with this Home
-
Carrick Sears
-
Terry Kass
Seller's Agent in 2016
Terry Kass
Coldwell Banker Commercial Realty
(602) 330-2525
1 in this area
21 Total Sales
-
M
Seller Co-Listing Agent in 2016
Mark Skelpsa
HomeSmart Realty
-
Jason Mendoza
J
Seller's Agent in 2015
Jason Mendoza
My Rental Superstore
(602) 327-5584
11 Total Sales
-
R
Buyer's Agent in 2014
Ronni Zeigler
Realty One Group
-
L
Seller's Agent in 2012
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5995330
APN: 214-40-042
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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