A
Seller's Agent in 2021
Abbas Mohammadian
DPR Realty
(602) 212-1600
5 in this area
21 Total Sales
2724 E Culver St Phoenix, AZ 85008
Central City NeighborhoodEstimated Value: $413,000 - $583,000
2
Beds
--
Bath
1,672
Sq Ft
$295/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cooling Available
- Heat Pump System
- The Creighton Academy Rated 10
- Chilled Water System
About This Home
As of November 2021Your opportunity in the hot, hot central Phoenix rental market has arrived. Fantastic, solid BLOCK-built duplex with gated yard and parking. Prime location near everything! 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. (wood floors in the bedrooms of one unit) Near 51, 10 and 202 freeways, and all the dining, entertainment and offerings of downtown and central Phoenix. Landscape, paved parking, block wall and rolling entry gate make for an easy care, desirable property. This one is a slam dunk! Add this to your growing investment portfolio or get your rental portfolio started today with this duplex investment.
Last Agent to Sell the Property
DPR Realty LLC License #SA569020000 Listed on: 10/07/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $753
Year Built
- Built in 1971
Lot Details
- 8,146
Home Design
- Composition Roof
- Block Exterior
- Stucco
Kitchen
- Chilled Water System
Flooring
- Wood
- Ceramic Tile
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Paved Parking
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- The owner pays for water, sewer
- Tax Lot 93
- Assessor Parcel Number 121-77-043-D
Community Details
Overview
- 2 Units
- Building Dimensions are 135 x 60
- Del Rey Lots 21 58 & Lot 99 Subdivision
Building Details
- Operating Expense $3,773
- Gross Income $14,400
- Net Operating Income $10,627
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2021
Closed on
Oct 27, 2021
Sold by
Laymans Service Company Llc
Bought by
Fink Deborah E
Seller's Agent
Abbas Mohammadian
DPR Realty LLC
Buyer's Agent
Laurie Johnson
Keller Williams Arizona Realty
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,986
Avg. Annual Appreciation
7.68%
Purchase Details
Closed on
Mar 29, 2017
Sold by
Layman Derron and Layman Stacey
Bought by
Layman S Services Company Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 5, 2008
Sold by
Layman Derron N and Layman Stacey C
Bought by
Layman 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
$105,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 20, 2008
Sold by
Liquidation Properties Inc
Bought by
Layman Service Co Llc
Purchase Details
Closed on
Apr 12, 2007
Sold by
Ameriquest Funding Ii Reo
Bought by
Liquidation Properties Inc
Purchase Details
Closed on
Jan 16, 2007
Sold by
Valenzuela Esmeralda
Bought by
Ameriquest Funding 11 Reo Subsidiary Llc
Purchase Details
Closed on
Aug 9, 2006
Sold by
Valenzuela Esmeralda
Bought by
Cuen Jose E
Purchase Details
Closed on
Dec 30, 2002
Sold by
Sesmas Alfonso G
Bought by
Valenzuela Esmeralda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,331
Interest Rate
5.96%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 10, 1999
Sold by
Boyle Hazel V and Clark Elizabeth A
Bought by
Sesmas Alfonso G and Sesmas Alfonso
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
11.35%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fink Deborah E | $370,000 | Chicago Title Agency Inc | |
| Layman S Services Company Llc | -- | Accommodation | |
| Layman Derron | -- | Chicago Title | |
| Layman Service Co Llc | -- | None Available | |
| Layman Derron N | -- | Capital Title Agency Inc | |
| Layman Service Co Llc | $96,900 | American Title Service Agenc | |
| Liquidation Properties Inc | -- | American Title Service Agenc | |
| Ameriquest Funding 11 Reo Subsidiary Llc | $207,739 | None Available | |
| Cuen Jose E | -- | None Available | |
| Valenzuela Esmeralda | $108,000 | Stewart Title & Trust | |
| Sesmas Alfonso G | $60,000 | Stewart Title & Trust |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Layman Derron | $96,800 | |
| Previous Owner | Layman Derron N | $105,000 | |
| Previous Owner | Valenzuela Esmeralda | $190,000 | |
| Previous Owner | Valenzuela Esmeralda | $106,331 | |
| Previous Owner | Sesmas Alfonso G | $48,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/02/2021 11/02/21 | Sold | $370,000 | -1.3% | $221 / Sq Ft |
| 10/13/2021 10/13/21 | Pending | -- | -- | -- |
| 10/07/2021 10/07/21 | For Sale | $375,000 | -- | $224 / 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 | $794 | $6,106 | -- | -- |
| 2024 | $785 | $5,815 | -- | -- |
| 2023 | $785 | $27,520 | $5,500 | $22,020 |
| 2022 | $754 | $20,120 | $4,020 | $16,100 |
| 2021 | $772 | $16,660 | $3,330 | $13,330 |
| 2020 | $753 | $14,070 | $2,810 | $11,260 |
| 2019 | $748 | $11,310 | $2,260 | $9,050 |
| 2018 | $733 | $10,120 | $2,020 | $8,100 |
| 2017 | $704 | $9,180 | $1,830 | $7,350 |
| 2016 | $677 | $7,300 | $1,460 | $5,840 |
| 2015 | $630 | $5,860 | $1,170 | $4,690 |
Source: Public Records
Agents Affiliated with this Home
-
Abbas Mohammadian
-
Laurie Johnson
Buyer's Agent in 2021
Laurie Johnson
Keller Williams Arizona Realty
(602) 550-6888
3 in this area
16 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6304023
APN: 121-77-043D
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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