NOT LISTED FOR SALE

2608 W Ocotillo Rd Phoenix, AZ 85017

Grandview Neighborhood

Estimated Value: $345,631 - $523,000

-- Bed
-- Bath
1,705 Sq Ft
$256/Sq Ft Est. Value

Last Sold January 27, 2015

Last sale price $125,000 $73 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $2,455/month

219 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Multiple Heating Units
  • Washington High School Rated A-

About This Home

As of January 2015

BRING US YOUR OFFER...
Low Maintenance Updated Property, With Tenants In Place. Currently brings in $1200 a month. Two- 2 Bedroom, 1 Bathroom Units with Private Back Patio. 1 Unit can be Vacant if needed. It's a Wonderful Duplex Opportunity in a Highly Desirable Area, with Easy Access to the Highway and Walking Distance to the Future Light Rail Station. Plenty of Room for Parking, and lots of wonderful Updates to Both Units. Also has Courtyard with Custom Gates to add Privacy and Xeriscaping Landscape. Reverse Osmosis in both Units that connects to Sinks and Fridge. Water Sub Metering available. Newer AC and Water Heater. New Energy Efficient Sliding Glass Back Doors. New Carpet in Unit A. 4 available Parking Spots. Owner Wants Sold...

Last Agent to Sell the Property

Rebecca Hiniker

Realty ONE Group License #BR577542000 Listed on: 05/24/2014

Last Buyer's Agent

Michael McGee

Award Realty License #SA560089000

Award Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $637

Year Built

  • Built in 1971

Lot Details

  • Property fronts an alley

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Maryland Elementary School
  • Washington Elementary School - Phoenix High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 44
  • Assessor Parcel Number 156-01-054

Community Details

Overview

  • 2 Units
  • Building Dimensions are 65x97
  • Wilshire Manor Unit 2 Subdivision

Building Details

  • Operating Expense $3,159

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$637

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: 27th Avenue & Glendale
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: M-M/R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2013
  • Directions: Go South on 27th Avenue to Ocotillo. Then go East to the property. The Duplex is on the North side of the Street
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Wilshire Manor Unit 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: 2 or More Units, Individual, Heat Pump, Electric
  • Heating: Individual, Heat Pump, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter, Submetered System
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2522.0

Schools

  • Elementary School: Maryland Elementary School
  • High School: Washington Elementary School - Phoenix
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Maryland Elementary School

Lot Info

  • Lot Size: 65x97
  • Additional Parcels: No
  • Parcel #: 156-01-054

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Operating Expense: 3159.0

Tax Info

  • Tax Annual Amount: 637.0
  • Tax Book Number: 156.00
  • Tax Lot: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2014
Closed on
Jan 30, 2015
Sold by
Perrone Rocelia
Bought by
Perrone Frank A
Seller's Agent
Rebecca Hiniker
Realty ONE Group
Buyer's Agent
Michael McGee
Award Realty
List Price
$174,900
Sold Price
$125,000
Premium/Discount to List
-$49,900
-28.53%
Current Estimated Value
$436,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,658
Avg. Annual Appreciation
12.76%
Original Mortgage
$93,750
Outstanding Balance
$72,947
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$371,908

Purchase Details

Listed on
May 24, 2014
Closed on
Jan 13, 2015
Sold by
Boley David and Alonzo Luis
Bought by
Perrone Frank A
Seller's Agent
Rebecca Hiniker
Realty ONE Group
Buyer's Agent
Michael McGee
Award Realty
List Price
$174,900
Sold Price
$125,000
Premium/Discount to List
-$49,900
-28.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Outstanding Balance
$72,947
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$371,908

Purchase Details

Listed on
Sep 11, 2011
Closed on
May 19, 2012
Sold by
Boley David
Bought by
Boley David and Alonzo Luis
Seller's Agent
Alice rogers
West USA Realty
Buyer's Agent
Rebecca Hiniker
Realty ONE Group
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.58%
Original Mortgage
$73,641
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 11, 2011
Closed on
May 3, 2012
Sold by
Cormier William F and De Cormier Evelyn D Estepan
Bought by
Boley David
Seller's Agent
Alice rogers
West USA Realty
Buyer's Agent
Rebecca Hiniker
Realty ONE Group
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,641
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2009
Sold by
Deutsche Bank National Trust
Bought by
Cormier William F and Cormier Evelyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,555
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2008
Sold by
Gonzalez Adan
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust

Purchase Details

Closed on
Sep 20, 2006
Sold by
Gonzalez Maria
Bought by
Gonzalez Adan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.43%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 19, 2006
Sold by
Padilla Abel
Bought by
Gonzalez Adan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.43%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 19, 1999
Sold by
Padilla Maria
Bought by
Padilla Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,250
Interest Rate
6.78%

Purchase Details

Closed on
May 28, 1996
Sold by
Martin Luz Evelia
Bought by
Martin Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,918
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 1972
Sold by
Granada Construction Corp
Bought by
Tipler Judy May
Source: Public Records

Range of Values:

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
Perrone Frank A -- First Arizona Title Agency
Perrone Frank A $125,000 First Arizona Title Agency
Boley David -- None Available
Boley David $75,000 First Arizona Title Agency
Cormier William F $53,650 First American Title Ins Co
Deutsche Bank National Trust Co $122,187 First American Title
Gonzalez Adan -- Stewart Title & Trust Of Pho
Gonzalez Adan $200,000 Stewart Title & Trust Of Pho
Padilla Abel -- Capital Title Agency
Padilla Abel -- Capital Title Agency
Martin Pablo -- Security Title Agency
Padilla Abel $60,000 Security Title Agency
Tipler Judy May -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrone Frank A $93,750
Closed Perrone Frank A $93,750
Previous Owner Boley David $73,641
Previous Owner Cormier William F $37,555
Previous Owner Gonzalez Adan $40,000
Previous Owner Gonzalez Adan $160,000
Previous Owner Gonzalez Adan $40,000
Previous Owner Padilla Abel $62,250
Previous Owner Padilla Abel $59,918
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2015 01/27/15 Sold $125,000 -28.5% $73 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
05/24/2014 05/24/14 For Sale $174,900 +133.2% $103 / Sq Ft
05/04/2012 05/04/12 Sold $75,000 -24.9% $88 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
09/11/2011 09/11/11 For Sale $99,900 -- $118 / 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 $910 $7,440 -- --
2024 $893 $7,086 -- --
2023 $893 $24,070 $4,810 $19,260
2022 $864 $18,470 $3,690 $14,780
2021 $875 $16,830 $3,360 $13,470
2020 $854 $14,570 $2,910 $11,660
2019 $838 $12,310 $2,460 $9,850
2018 $816 $11,300 $2,260 $9,040
2017 $812 $9,670 $1,930 $7,740
2016 $797 $7,830 $1,560 $6,270
2015 $738 $6,710 $1,340 $5,370
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Hiniker

    Seller's Agent in 2015

    Rebecca Hiniker

    Realty One Group

    (602) 785-7915

    18 Total Sales

    Rebecca Hiniker
    Section Image
  • Michael McGee

    Buyer's Agent in 2015

    Michael McGee

    Award Realty

    (602) 625-4567

    37 Total Sales

    Michael McGee
    Section Image
  • Alice rogers

    Seller's Agent in 2012

    Alice rogers

    West USA Realty

    (602) 435-3300

    1 in this area

    29 Total Sales

    Alice rogers
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5120720

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-01-054

Arizona Maricopa County Phoenix 85017 Grandview

2608 W Ocotillo Rd, Phoenix, AZ

This home is located at 2608 W Ocotillo Rd, Phoenix, AZ 85017 since 24 May 2014 and is currently estimated at $436,658, approximately $256 per square foot. This property was built in 1971. 2608 W Ocotillo Rd is a home located in Maricopa County with nearby schools including Washington Elementary School, Palo Verde Middle School, and Washington High School.

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