NOT LISTED FOR SALE

2713 E Jones Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $293,493 - $710,000

1 Bed
-- Bath
3,078 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $130,000 $42 Per Sq Ft

Est. 344% increase in value since last sale

Current estimated payment $3,126/month

18 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of October 2013

Very Nice Tri-plex with complete remodel done within the past 2 years including New Roof, New Ac Units, Brand New Cabinets, counter tops and more. Property consists of Two 3/2 units and One 2/2 Unit. Great cash flow at this price. Onsite Laundry room - All appliances convey. Kids playground on property belongs to tenants in unit 3. Drive by only at this time. Once we accept an offer we can get you into all the units.

Last Agent to Sell the Property

Jake Allen

Tradelands Realty License #SA569290000 Listed on: 08/19/2013

Last Buyer's Agent

Julie Hall

AZ Brokerage Holdings, LLC License #BR007045000

AZ Brokerage Holdings, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 1984

Lot Details

  • 7,797

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer, landscaping
  • Tax Lot 113
  • Assessor Parcel Number 122-20-135

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7,776

Building Details

  • Operating Expense $7,741
  • Gross Income $17,670
  • Net Operating Income $12,962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$691

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 28th St and Broadway
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2012
  • Road Surface Type: Concrete
  • Professional Management Expense: 1488.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1895.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7,776
  • Additional Parcels: No
  • Parcel #: 122-20-135

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Electric Expense: 447.56
  • Annual Gross Income: 17670.0
  • Maintenance Expense: 3220.0
  • Property Net Operating Income: 12962.0
  • Annual Operating Expense: 7741.2
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 690.64
  • Tax Book Number: 122.00
  • Tax Lot: 113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2019
Sold by
Quezada Francisco J and Madrigal Teresa
Bought by
Quezada Francisco Javier and Madrigal Teresa Trinidad
Current Estimated Value
$576,623

Purchase Details

Listed on
Aug 19, 2013
Closed on
Sep 23, 2013
Sold by
Arc Business Ventures Incorporated
Bought by
Quezada Francisco J and Madrigal Teresa
Seller's Agent
Jake Allen
Tradelands Realty
Buyer's Agent
Julie Hall
AZ Brokerage Holdings, LLC
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.98%
Original Mortgage
$97,500
Outstanding Balance
$73,130
Interest Rate
4.53%
Mortgage Type
New Conventional
Estimated Equity
$503,493

Purchase Details

Closed on
Oct 25, 2011
Sold by
A&S Capital Llc
Bought by
Arc Business Ventures Inc

Purchase Details

Closed on
Sep 7, 2011
Sold by
White Anthony A and White Deborah J
Bought by
A & S Capital Llc

Purchase Details

Closed on
Nov 3, 1999
Sold by
Weinshanker Stuart and Weinshanker Susan J
Bought by
White Anthony A and White Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,100
Interest Rate
11.62%
Mortgage Type
New Conventional
Source: Public Records
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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
Quezada Francisco Javier -- None Available
Quezada Francisco J $130,000 Old Republic Title Agency
Arc Business Ventures Inc -- Accommodation
A & S Capital Llc -- Fidelity National Title
White Anthony A $79,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quezada Francisco J $97,500
Previous Owner White Anthony A $71,100
Closed White Anthony A $7,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2013 10/23/13 Sold $130,000 -3.7% $42 / Sq Ft
09/06/2013 09/06/13 Pending -- -- --
08/19/2013 08/19/13 For Sale $135,000 -- $44 / 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 $1,337 $8,868 -- --
2024 $1,266 $8,446 -- --
2023 $1,266 $43,020 $8,600 $34,420
2022 $1,240 $27,450 $5,490 $21,960
2021 $1,265 $22,370 $4,470 $17,900
2020 $1,250 $19,970 $3,990 $15,980
2019 $1,209 $18,270 $3,650 $14,620
2018 $1,177 $13,480 $2,690 $10,790
2017 $1,122 $12,420 $2,480 $9,940
2016 $1,067 $10,930 $2,180 $8,750
2015 $1,004 $8,670 $1,730 $6,940
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jake Allen

    Tradelands Realty

    (480) 610-6833

    2 in this area

    40 Total Sales

    Jake Allen
    Section Image

  • J

    Buyer's Agent in 2013

    Julie Hall

    Realty Executives

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4985617

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-20-135

Arizona Maricopa County Phoenix 85040 South Mountain

2713 E Jones Ave, 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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