NOT LISTED FOR SALE

2629 N 7th St Phoenix, AZ 85006

Coronado Neighborhood

Estimated Value: $569,000

-- Bed
1 Bath
2,042 Sq Ft
$279/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $280,000 $137 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,565/month

21 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 3-minute walk to Country Club Oval Park
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of January 2017

Check out this Tri-plex in historic Country Club Park just a couple of houses down from the park and zoned r-5 this property features all 2 bedroom 1 bath units all with private fenced yards.We sold a tri-plex with all 1 bedrooms in the area for 385k earlier this year so there is tons of upside for a savvy investor. Units all need work and its priced accordingly! Rents should be $500 per month higher per unit when remodeled so cash flow + appreciation on this one.

Last Agent to Sell the Property

Michal Castle

Real Broker License #SA105294000 Listed on: 11/22/2016

Real Broker

Last Buyer's Agent

Jaime Mazzeo

Fathom Realty Elite License #SA645359000

Fathom Realty Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,119

Year Built

  • Built in 1940

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Emerson Elementary School
  • North High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 2 / 10
  • Assessor Parcel Number 117-29-162-A

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are IRR
  • Country Club Park Subdivision

Building Details

  • Operating Expense $5,384
  • Gross Income $23,940
  • Net Operating Income $18,556

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,119

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: 7th Street & Thomas
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Subdivision Name: COUNTRY CLUB PARK
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Built-In Range, Disposal, Dishwasher
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes

Fee Information

  • Annual Water Sewer Expense: 2100.0

Schools

  • Elementary School: Emerson Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 117-29-162-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 23940.0
  • Insurance Expense: 1664.8
  • Property Net Operating Income: 18556.2
  • Annual Operating Expense: 5383.8
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1119.0
  • Tax Block: 10
  • Tax Book Number: 117.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2020
Sold by
Bryck Drew
Bought by
Bryck Drew Michael Gary
Current Estimated Value
$569,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Outstanding Balance
$239,165
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2016
Closed on
Jan 30, 2017
Sold by
Russo Daniel J
Bought by
Bryck Drew
Seller's Agent
Michal Castle
Real Broker
Buyer's Agent
Jaime Mazzeo
Fathom Realty Elite
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2016
Sold by
Russo Daniel J and Russo Martha
Bought by
Russo Daniel J
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
Bryck Drew Michael Gary -- Security Title Agency Inc
Bryck Drew $280,000 North American Title Company
Russo Daniel J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryck Drew Michael Gary $269,500
Previous Owner Bryck Drew $274,928
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2017 01/31/17 Sold $280,000 -6.6% $137 / Sq Ft
12/13/2016 12/13/16 Pending -- -- --
11/22/2016 11/22/16 For Sale $299,900 -- $147 / 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
2021 $1,189 $29,980 $5,990 $23,990
2020 -- $28,570 $5,710 $22,860
2019 -- $22,370 $4,470 $17,900
2018 -- $15,200 $3,040 $12,160
2017 -- $14,260 $2,850 $11,410
2016 -- $14,410 $2,880 $11,530
Source: Public Records

Agents Affiliated with this Home

  • Michal Castle

    Seller's Agent in 2017

    Michal Castle

    Real Broker

    (480) 505-6300

    173 Total Sales

    Michal Castle
    Section Image
  • Jaime Mazzeo

    Buyer's Agent in 2017

    Jaime Mazzeo

    Fathom Realty Elite

    (315) 263-7201

    46 Total Sales

    Jaime Mazzeo
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5528523

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-29-162A

Arizona Maricopa County Phoenix 85004 Coronado

2629 N 7th St, Phoenix, AZ

Not Listed for Sale

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