NOT LISTED FOR SALE

2715 E Oak St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $410,066 - $474,000

4 Beds
-- Bath
1,366 Sq Ft
$322/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $395,000 $289 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,417/month

6 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • The Creighton Academy Rated 10

About This Home

As of October 2021

Investment happiness can be yours with this well located, easy care duplex that lives more like two separate houses. Each unit has their own separate driveway and parking, blockwall fenced yards with large expanse of pavers, laundry, watering system and large storage shed.
Inside each is 2 bedrooms 1 bath well laid out floor plans with ceramic and laminate flooring throughout, updated kitchen with granite countertops, dishwasher, built in microwaves and newer cabinets. New water heaters in both units. Newer AC for one unit. Lots of updates overall. This is a fantastic property! One you will want to add to your portfolio, one to start your investment portfolio or even live in one side and have your tenant pay your mortgage!
Long term tenants with below market rents has opportunity to significantly increase with current market rents.

Last Agent to Sell the Property

Abbas Mohammadian

DPR Realty LLC License #SA569020000 Listed on: 08/27/2021

DPR Realty LLC

Last Buyer's Agent

Carrie Lehrman

SRL Group License #BR626599000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $808

Year Built

  • Built in 1950

Lot Details

  • 6,011

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 4 Parking Spaces
  • Carport
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 185
  • Assessor Parcel Number 120-30-100

Community Details

Overview

  • 2 Units
  • Building Dimensions are 60' by 100'
  • East Thomas Road Tr 4 Subdivision

Building Details

  • Operating Expense $3,348
  • Gross Income $17,100
  • Net Operating Income $13,752

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$808

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 24Th St & Oak St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2020
  • Directions: 24TH ST TO OAK EAST TO PROPERTY
  • Road Surface Type: Asphalt
  • Subdivision Name: EAST THOMAS ROAD TR 4
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Paved, <1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP, City Electric, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump
  • Heating: Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 1500.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 60' by 100'
  • Additional Parcels: No
  • Parcel #: 120-30-100

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 17100.0
  • Insurance Expense: 1040.0
  • Property Net Operating Income: 13752.0
  • Annual Operating Expense: 3348.0

Tax Info

  • Tax Annual Amount: 808.0
  • Tax Book Number: 120.00
  • Tax Lot: 185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Downs David and Downs Cassie
Bought by
Smith Scott Royal and 2715 E Oak Street Trust
Current Estimated Value
$440,267

Purchase Details

Listed on
Aug 27, 2021
Closed on
Sep 23, 2021
Sold by
Laymans Service Company Llc
Bought by
Downs David and Downs Cassie
Seller's Agent
Abbas Mohammadian
DPR Realty LLC
Buyer's Agent
Carrie Lehrman
SRL Group
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$296,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2017
Sold by
Layman Derron and Layman Stacey
Bought by
Layman S Service Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2009
Sold by
Layman Derron and Layman Stacey
Bought by
Laymans Service Co Llc

Purchase Details

Closed on
May 22, 2008
Sold by
Laymans Service Co Llc
Bought by
Layman Debra and Layman Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2008
Sold by
Emc Mortgage Corp
Bought by
Laymans Service Co Llc

Purchase Details

Closed on
Nov 14, 2007
Sold by
Contreras Rodolfo
Bought by
Emc Mortgage

Purchase Details

Closed on
Dec 5, 2006
Sold by
Mostert Peter C and Killpeck James P
Bought by
Contreras Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Interest Rate
8.1%
Mortgage Type
Balloon

Purchase Details

Closed on
May 7, 2004
Sold by
Feeney Lisa C
Bought by
Mostert Peter and Killpack James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2000
Sold by
Patsean Investments Llc
Bought by
Feeney Lisa C

Purchase Details

Closed on
Dec 7, 2000
Sold by
Feeney Francis Xavier
Bought by
Feeney Lisa C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Scott Royal -- None Available
Downs David $395,000 Premier Title Agency
Layman S Service Co Llc -- Chicago Title Agency Inc
Layman Derron -- Chicago Title
Laymans Service Co Llc -- None Available
Layman Debra -- Capital Title Agency Inc
Laymans Service Co Llc $135,000 First American Title Ins Co
Emc Mortgage $161,500 Accommodation
Contreras Rodolfo $214,000 Capital Title Agency Inc
Mostert Peter $150,000 Grand Canyon Title Agency In
Feeney Lisa C -- Capital Title Agency
Feeney Lisa C -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downs David $296,250
Previous Owner Layman Derron $130,500
Previous Owner Layman Debra $145,000
Previous Owner Contreras Rodolfo $171,200
Previous Owner Contreras Rodolfo $42,800
Previous Owner Mostert Peter $135,000
Closed Patsean Investments Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $395,000 0.0% $289 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $395,000 -- $289 / 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 $851 $6,546 -- --
2024 $841 $6,234 -- --
2023 $841 $24,820 $4,960 $19,860
2022 $808 $17,950 $3,590 $14,360
2021 $828 $14,770 $2,950 $11,820
2020 $808 $12,130 $2,420 $9,710
2019 $802 $10,600 $2,120 $8,480
2018 $786 $8,860 $1,770 $7,090
2017 $755 $8,430 $1,680 $6,750
2016 $726 $6,800 $1,360 $5,440
2015 $675 $6,000 $1,200 $4,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Abbas Mohammadian

    DPR Realty

    (602) 212-1600

    3 in this area

    22 Total Sales

    Abbas Mohammadian
    Section Image
  • Carrie Lehrman

    Buyer's Agent in 2021

    Carrie Lehrman

    SRL Group

    (480) 338-9641

    19 in this area

    78 Total Sales

    Carrie Lehrman
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6285655

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-30-100

Arizona Maricopa County Phoenix 85008 Camelback East Village

2715 E Oak St, Phoenix, AZ

This home is located at 2715 E Oak St, Phoenix, AZ 85008 since 27 August 2021 and is currently estimated at $440,267, approximately $322 per square foot. This property was built in 1950. 2715 E Oak St is a home located in Maricopa County with nearby schools including The Creighton Academy, Camelback High School, and Phoenix Coding Academy.

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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