NOT LISTED FOR SALE

2707 E Willetta St Phoenix, AZ 85008

Central City Neighborhood

Estimated Value: $398,000 - $509,000

-- Bed
11 Baths
3,656 Sq Ft
$123/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $311,000 $85 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,422/month

2 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of June 2020

4 Units- Front Home is an Incredible 2 bedroom, 2 bath (1378 square foot) with Stained Concrete Floors- Beautiful Brick Fireplace, Formal Dining & Eat-In Kitchen & huge Laundry- Front Bath with Separate Tub & Shower- Both Bedrooms are Large with Lots of Storage- Covered Patio & Private Yard- Pex Plumbing, Newer Roof- Rear Building has 3 Studio Apartments with Window A/C's that share a backyard & Laundry- There's a Huge Storage Room & a Double Carport & 4 Uncovered Parking Spots- All this on a Huge Shady Irrigated Lot (SRP) with Great Curb Appeal- Some Fresh Exterior Paint & a Long Concrete Drive- Long Term Tenants there between 2 to 8 years all MTM & that's why Rents are so Low- Much Room for Increases- Property being sold in ''As-Is'' Condition

Last Agent to Sell the Property

John Costanzo-Wood

HomeSmart License #SA031023000 Listed on: 05/27/2020

HomeSmart

Last Buyer's Agent

Kevin Langan

eXp Realty License #SA632130000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 1950

Lot Details

  • 8,756

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • Assigned Parking

Schools

  • Creighton Elementary School
  • Camelback High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Window Unit Heating System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 89
  • Assessor Parcel Number 121-77-032

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 8745
  • Del Rey Lots 21 58 & Lot 99 Subdivision

Building Details

  • Operating Expense $4,375
  • Gross Income $24,888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$725

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 27th St and McDowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2019
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: DEL REY LOTS 21-58 & LOT 99
  • Cooling:Ceiling Fan(s): Yes
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking, Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Window/Wall Unit, Electric, Heat Pump
  • Heating: Heat Pump, Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Irrigation, Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 8745
  • Additional Parcels: No
  • Parcel #: 121-77-032

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 24888.0
  • Insurance Expense: 850.0
  • Maintenance Expense: 1000.0
  • Annual Operating Expense: 4375.0

Tax Info

  • Tax Annual Amount: 725.0
  • Tax Book Number: 121.00
  • Tax Lot: 89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2022
Sold by
Kevin Langan
Bought by
2705 E Willetta Street Llc
Current Estimated Value
$449,219

Purchase Details

Closed on
Sep 27, 2021
Sold by
Lfh1 Llc
Bought by
Langan Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2021
Sold by
Fidelity Haus Investments Llc
Bought by
Lfhi Llc

Purchase Details

Listed on
May 27, 2020
Closed on
Jun 15, 2020
Sold by
Wood John C
Bought by
Fidelity Haus Investments Llc
Seller's Agent
John Costanzo-Wood
HomeSmart
Buyer's Agent
Kevin Langan
eXp Realty
List Price
$324,900
Sold Price
$311,000
Premium/Discount to List
-$13,900
-4.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$319,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2004
Sold by
Neece Daniel
Bought by
Wood John C

Purchase Details

Closed on
Feb 6, 2004
Sold by
Neece James
Bought by
Neece Daniel

Purchase Details

Closed on
Feb 5, 2004
Sold by
Neece James
Bought by
Neece James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
2705 E Willetta Street Llc -- Hoopes Adams & Scharber Plc
Langan Kevin -- Magnus Title
Langan Kevin -- Magnus Title Agency
Langan Kevin -- Magnus Title
Lfhi Llc -- Accommodation
Fidelity Haus Investments Llc $311,000 Magnus Title Agency Llc
Wood John C $98,000 Chicago Title Insurance Co
Neece Daniel -- --
Neece James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Langan Kevin $602,000
Previous Owner Fidelity Haus Investments Llc $319,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2020 06/24/20 Sold $311,000 -4.3% $85 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $324,900 -- $89 / 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 $796 $6,324 -- --
2024 $757 $6,023 -- --
2023 $757 $28,420 $5,680 $22,740
2022 $726 $20,410 $4,080 $16,330
2021 $749 $16,820 $3,360 $13,460
2020 $730 $13,800 $2,760 $11,040
2019 $725 $11,620 $2,320 $9,300
2018 $710 $10,430 $2,080 $8,350
2017 $681 $9,680 $1,930 $7,750
2016 $654 $7,700 $1,540 $6,160
2015 $609 $5,860 $1,170 $4,690
Source: Public Records

Agents Affiliated with this Home

  • Kevin Langan

    Buyer's Agent in 2020

    Kevin Langan

    eXp Realty

    (480) 351-4900

    1 in this area

    53 Total Sales

    Kevin Langan
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6083286

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-77-032

Arizona Maricopa County Phoenix 85008 Central City

2707 E Willetta St, Phoenix, AZ

Not Listed for Sale

MultiFamily

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

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