Michael Shimono
eXp Realty
(534) 444-8831
103 Total Sales
5 in Camelback East Village
$225K - $595K Price Range
2632 E Glenrosa Ave Phoenix, AZ 85016
Camelback East Village NeighborhoodEstimated Value: $842,926
Studio
1
Bath
1,200
Sq Ft
$702/Sq Ft
Est. Value
Highlights
- Brick Veneer
- Ceramic Tile Flooring
- Heating Available
- Phoenix Coding Academy Rated A
- Central Air
About This Home
As of July 2019Multifamily re-development Opportunity! Recent sales in the neighborhood for updated like kind product has sold for $180,000+ per unit making this a great investments opportunity. Simply improve the existing 5 units on the property and increase rents that are currently under market. Site is R-3 zoned with numerous projects within the neighborhood selling through newly built product for $500,000-$600,000 per unit making this a great opportunity for re-development into new product. Listing is for two adjacent residential lots totaling 0.41 acres. Assemblage opportunity with the neighboring parcels and build a development from 26th street to 27th street (30+ unit potential). Buyer to confirm zoning, density, value and all other development issues independently with City of Phoenix.
Last Agent to Sell the Property
Gentry Real Estate License #SA560815000 Listed on: 06/27/2019
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,386
Year Built
- Built in 1983
Home Design
- Brick Veneer
- Wood Frame Construction
- Composition Roof
- Block Exterior
Parking
- 10 Parking Spaces
- Free Parking
- Paved Parking
- 10 Open Parking Spaces
- Assigned Parking
Schools
- Macarthur Elementary School
- Camelback High School
Utilities
- Central Air
- Heating Available
- Natural Gas Not Available
Additional Features
- Ceramic Tile Flooring
- Additional Parcels
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for water, sewer, trash collection
- Tax Lot 10
- Assessor Parcel Number 163-08-011-A
Community Details
Overview
- 3 Buildings
- 5 Units
- Building Dimensions are 133x137
- Citrus Heights Lots 10 33 Subdivision
Building Details
- Operating Expense $13,691
- Gross Income $40,114
- Net Operating Income $36,804
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
Jun 27, 2019
Closed on
Jul 11, 2019
Sold by
Bought by
Seller's Agent
Neven Bajlo
Gentry Real Estate
Buyer's Agent
Cameron Miller
RETSY
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
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
$162,926
Avg. Annual Appreciation
3.09%
Purchase Details
Closed on
Nov 12, 2015
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
$360,000
Interest Rate
3.71%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Camelback East Village, AZ
-
Michael Shimono
-
Paulette Fennello
Paulette Fennello
Berkshire Hathaway HomeService
(858) 289-5856
11 Total Sales
1 in Camelback East Village
$245,000 Price
-
Nathaniel Pierce
Nathaniel Pierce
Incyte Realty, LLC
(623) 257-7084
68 Total Sales
2 in Camelback East Village
$300K - $510K Price Range
-
Pamela Torgrimson
Pamela Torgrimson
RETSY
(507) 486-5070
70 Total Sales
3 in Camelback East Village
$505K - $625K Price Range
-
Jo Ann Ayres
Jo Ann Ayres
Century 21 Desert Estates
(877) 760-4362
65 Total Sales
1 in Camelback East Village
$500,000 Price
-
Jeffrey Cayton
Jeffrey Cayton
DeLex Realty
(623) 663-3694
106 Total Sales
2 in Camelback East Village
$443K - $484K Price Range
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 |
|---|---|---|---|
| $680,000 | Chicago Title Agency Inc | ||
| $450,000 | Fidelity Natl Title Agency |
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 | $747,500 | ||
| Previous Owner | $360,000 |
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 |
|---|---|---|---|---|
| 07/19/2019 07/19/19 | Sold | $680,000 | -2.7% | $567 / Sq Ft |
| 07/16/2019 07/16/19 | For Sale | $699,000 | 0.0% | $583 / Sq Ft |
| 07/16/2019 07/16/19 | Price Changed | $699,000 | 0.0% | $583 / Sq Ft |
| 07/01/2019 07/01/19 | Pending | -- | -- | -- |
| 06/27/2019 06/27/19 | For Sale | $699,000 | 0.0% | $583 / Sq Ft |
| 10/01/2018 10/01/18 | Rented | $775 | 0.0% | -- |
| 09/18/2018 09/18/18 | Under Contract | -- | -- | -- |
| 08/21/2018 08/21/18 | For Rent | $775 | -- | -- |
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 | $1,931 | $14,820 | ||
| 2024 | $1,791 | $14,114 | ||
| 2023 | $1,791 | $59,660 | $11,930 | $47,730 |
| 2022 | $1,738 | $49,150 | $9,830 | $39,320 |
| 2021 | $1,753 | $41,770 | $8,350 | $33,420 |
| 2020 | $1,726 | $31,920 | $6,380 | $25,540 |
| 2019 | $1,688 | $18,000 | $3,600 | $14,400 |
| 2018 | $1,646 | $17,620 | $3,520 | $14,100 |
| 2017 | $1,569 | $18,550 | $3,710 | $14,840 |
| 2016 | $1,515 | $14,700 | $2,940 | $11,760 |
| 2015 | $1,407 | $12,270 | $2,450 | $9,820 |
Source: Public Records
Agents Affiliated with this Home
-
Neven Bajlo
Seller's Agent in 2019
Neven Bajlo
Gentry Real Estate
(602) 714-7000
12 Total Sales
-
Cameron Miller
Buyer's Agent in 2019
Cameron Miller
RETSY
(847) 809-2347
7 in this area
10 Total Sales
-
Daniel Rosenbaum
Seller's Agent in 2018
Daniel Rosenbaum
Rosenbaum Realty Group
(480) 588-1333
31 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5945552
APN: 163-08-011A
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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