J
Seller's Agent in 2022
John Risi
HomeSmart
2635 E Clarendon Ave Phoenix, AZ 85016
Camelback East Village Neighborhood
--
Bed
--
Bath
902
Sq Ft
9,017
Sq Ft Lot
Highlights
- Heated Community Pool
- Evaporated cooling system
- Heat Pump System
- Phoenix Coding Academy Rated A
About This Home
As of May 2022Don't miss this infill redevelopment opportunity near Arcadia and Biltmore! 4 homes on 18,000 sf R3 zoned with 2 lots. Leases on month to month. Current rents $4050/mo. New 20 unit development coming next door.
Last Agent to Sell the Property
John Risi
HomeSmart License #BR633737000 Listed on: 03/21/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $902
Year Built
- Built in 1953
Lot Details
- Additional Parcels
Home Design
- Composition Roof
- Block Exterior
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Paved Parking
- On-Street Parking
Schools
- Loma Linda Elementary School
- Larry C Kennedy Middle School
- Camelback High School
Utilities
- Evaporated cooling system
- Cooling System Mounted To A Wall/Window
- Heat Pump System
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, landscaping
- Tax Lot 060
- Assessor Parcel Number 119-06-049
Community Details
Overview
- 4 Buildings
- 4 Units
- Building Dimensions are 120' X 152'
Recreation
- Heated Community Pool
Building Details
- Operating Expense $3,062
- Gross Income $48,600
- Net Operating Income $42,840
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 17, 2023
Sold by
Offer Climb Llc
Bought by
Take The Red Pill Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$818,142
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$164,750
Purchase Details
Listed on
Mar 21, 2022
Closed on
May 13, 2022
Sold by
Js Risi & Sons Builders Llc
Bought by
Offer Climb Llc
Seller's Agent
John Risi
HomeSmart
Buyer's Agent
Joshua Carlson
Gentry Real Estate
List Price
$975,000
Sold Price
$1,000,000
Premium/Discount to List
$25,000
2.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.71%
Original Mortgage
$599,900
Interest Rate
5.3%
Mortgage Type
Construction
Purchase Details
Listed on
Aug 12, 2020
Closed on
Oct 14, 2020
Sold by
Risi Companies Llc
Bought by
Js Risi & Sons Builders Llc
Seller's Agent
Marty Hall
HomeSmart
Buyer's Agent
Jonah Reinholz
Gentry Real Estate
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.72%
Original Mortgage
$440,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Aug 12, 2020
Closed on
Oct 13, 2020
Sold by
Phoenix 28 Mhp Llc
Bought by
Keyglee Holdings Inc
Seller's Agent
Marty Hall
HomeSmart
Buyer's Agent
Jonah Reinholz
Gentry Real Estate
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Mar 9, 2017
Sold by
Smith Gail and Smith Gail Marie
Bought by
Phoenix 28 Mhp Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 25, 2016
Sold by
Smith Gail Marie
Bought by
Smith Gail Marie
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Security Title | |
| Warranty Deed | $1,000,000 | Clear Title | |
| Interfamily Deed Transfer | -- | Fidelity Natl Ttl Agcy Inc | |
| Warranty Deed | $319,990 | Fidelity Natl Ttl Agcy Inc | |
| Warranty Deed | $250,000 | Fidelity Natl Ttl Agcy Inc | |
| Warranty Deed | $315,000 | Chicago Title Agency Inc | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,350,000 | New Conventional | |
| Previous Owner | $599,900 | Construction | |
| Previous Owner | $440,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $442,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $1,480,000 | Commercial | |
| Previous Owner | $200,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2022 05/23/22 | Sold | $1,000,000 | +2.6% | $1,109 / Sq Ft |
| 04/20/2022 04/20/22 | Pending | -- | -- | -- |
| 03/30/2022 03/30/22 | For Sale | $975,000 | 0.0% | $1,081 / Sq Ft |
| 03/25/2022 03/25/22 | Pending | -- | -- | -- |
| 03/17/2022 03/17/22 | For Sale | $975,000 | +116.7% | $1,081 / Sq Ft |
| 10/16/2020 10/16/20 | Sold | $450,000 | -9.1% | $499 / Sq Ft |
| 09/19/2020 09/19/20 | For Sale | $495,000 | 0.0% | $549 / Sq Ft |
| 08/12/2020 08/12/20 | For Sale | $495,000 | +57.1% | $549 / Sq Ft |
| 05/17/2017 05/17/17 | Sold | $315,000 | -6.0% | $349 / Sq Ft |
| 04/24/2017 04/24/17 | Price Changed | $335,000 | 0.0% | $371 / Sq Ft |
| 01/24/2017 01/24/17 | Pending | -- | -- | -- |
| 01/09/2017 01/09/17 | For Sale | $335,000 | -- | $371 / Sq Ft |
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 | $927 | $7,132 | -- | -- |
| 2024 | $917 | $6,793 | -- | -- |
| 2023 | $917 | $30,170 | $6,030 | $24,140 |
| 2022 | $881 | $21,980 | $4,390 | $17,590 |
| 2021 | $902 | $19,260 | $3,850 | $15,410 |
| 2020 | $880 | $17,180 | $3,430 | $13,750 |
| 2019 | $874 | $14,850 | $2,970 | $11,880 |
| 2018 | $856 | $13,050 | $2,610 | $10,440 |
| 2017 | $823 | $10,970 | $2,190 | $8,780 |
| 2016 | $791 | $8,300 | $1,660 | $6,640 |
| 2015 | $736 | $6,780 | $1,350 | $5,430 |
Source: Public Records
Agents Affiliated with this Home
-
-
Joshua Carlson
Buyer's Agent in 2022
Joshua Carlson
Gentry Real Estate
(480) 695-4841
9 in this area
74 Total Sales
-
M
Seller's Agent in 2020
Marty Hall
HomeSmart
-
Jonah Reinholz
J
Buyer's Agent in 2020
Jonah Reinholz
Gentry Real Estate
(480) 734-0333
6 in this area
95 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6371588
APN: 119-06-049
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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