$170,000
SOLD FEB 10, 2017

2709 E Willetta St Phoenix, AZ 85008

-- Bed
-- Bath
1,180 Sq Ft
10,237 Sq Ft Lot

Recently Sold

$144 Per Sq Ft

15% Below List Price

23 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • The Creighton Academy Rated 9+

About This Home

As of June 2021

Check out this cashflowing 4-plex. Two bedroom/1 bath House in front and three one bed/1bath apartments in back. Long term tenants. The house has its own Washer & Dryer. All units have an oven and refrigerator. 3 Storage units in back for additional income. All 4 units rented. One unit on lease, the rest are month-to-month. Good neighborhood. Do not disturb tenants, they do not know it is for sale. Inspections with accepted offer only. Call for details!

Last Agent to Sell the Property

Bryan McCoy

RE/MAX Alliance Group License #SA573514000 Listed on: 01/06/2017

RE/MAX Alliance Group

Last Buyer's Agent

Andrew Tate

Keller Williams Arizona Realty License #BR038343000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Wilson Elementary School
  • Wilson Elementary School - Phoenix Middle School
  • Phoenix Prep Academy High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Individual Controls for Heating
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 91
  • Assessor Parcel Number 121-77-038

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 69 X 141 ft.
  • Del Rey Lots 21 58 & Lot 99 Subdivision

Building Details

  • Operating Expense $5,060
  • Gross Income $20,820
  • Net Operating Income $15,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$860

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: McDowell & 24th. St.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M/Multifamily
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2016
  • Directions: East on McDowell, Right on 27th St, Left on Willetta. 3rd property on Right.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: DEL REY LOTS 21-58 & LOT 99
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: BI Oven/Range, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Individual, Electric, Wall/Window Unit(s)
  • Heating: Individual, Central, Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Central: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Wilson Elementary School
  • High School: Phoenix Prep Academy
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Wilson Elementary School - Phoenix

Lot Info

  • Lot Size: 69 X 141 ft.
  • Additional Parcels: No
  • Parcel #: 121-77-038

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 20820.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 15760.0
  • Annual Operating Expense: 5060.0

Tax Info

  • Tax Annual Amount: 860.0
  • Tax Book Number: 121.00
  • Tax Lot: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 7, 2021
Sold by
Futuristic Building Investments Llc
Bought by
2709 E Willetta Street Llc
Seller's Agent
Adam Hamblen
Realty One Group
Buyer's Agent
Adam Hamblen
Realty One Group
List Price
$449,000
Sold Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%
Original Mortgage
$336,750
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2017
Closed on
Feb 7, 2017
Sold by
Cashflow Phoenix I Llc
Bought by
Futuristic Building Investments Llc
Seller's Agent
Bryan McCoy
RE/MAX Alliance Group
Buyer's Agent
Andrew Tate
Keller Williams Arizona Realty
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.08%

Purchase Details

Closed on
Oct 20, 2008
Sold by
Pledged Properties Ii Llc
Bought by
Cashflow Phoenix 1 Llc

Purchase Details

Closed on
Oct 24, 2007
Sold by
Garcia Ramiro T and Mortgage Electronic Registrati
Bought by
Pledged Property Ii Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $449,000 First Arizona Title Agency
Cash Sale Deed $170,000 Security Title Agency Inc
Cash Sale Deed $90,000 First American Title Ins Co
Trustee Deed $200,138 Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $538,730 New Conventional
Closed $525,000 Construction
Closed $336,750 New Conventional
Previous Owner $79,608 Commercial
Previous Owner $182,000 Commercial
Previous Owner $134,750 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Price Changed $985,000 -1.0% --
04/14/2025 04/14/25 For Sale $995,000 0.0% --
11/20/2023 11/20/23 Rented $1,850 0.0% --
11/05/2023 11/05/23 Under Contract -- -- --
09/23/2023 09/23/23 Price Changed $1,850 -4.9% $2 / Sq Ft
08/26/2023 08/26/23 For Rent $1,945 0.0% --
06/14/2021 06/14/21 Sold $449,000 0.0% $381 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $449,000 +164.1% $381 / Sq Ft
02/10/2017 02/10/17 Sold $170,000 -15.0% $144 / Sq Ft
01/29/2017 01/29/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $199,900 -- $169 / 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 $1,008 $7,752 -- --
2024 $996 $7,383 -- --
2023 $996 $37,120 $7,420 $29,700
2022 $957 $27,510 $5,500 $22,010
2021 $980 $22,810 $4,560 $18,250
2020 $957 $19,050 $3,810 $15,240
2019 $950 $15,310 $3,060 $12,250
2018 $930 $12,200 $2,440 $9,760
2017 $894 $12,330 $2,460 $9,870
2016 $860 $9,910 $1,980 $7,930
2015 $800 $7,850 $1,570 $6,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5545304

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-77-038