NOT LISTED FOR SALE

2726 E Atlanta Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $245,100 - $300,000

2 Beds
1 Bath
775 Sq Ft
$353/Sq Ft Est. Value

Last Sold July 24, 2014

Last sale price $82,000 $106 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $1,448/month

148 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of July 2014

Investor special surrounded by remodels and new builds. Don't miss this opportunity. Central location with downtown and freeway access. Properties are professionally managed and are currently leased. Contact listing or co-listing agent for details on current lease status.

Last Agent to Sell the Property

Steve Davis

Realty ONE Group Listed on: 02/04/2014

Co-Listed By

Vincent Fiore

Compass License #SA638261000

Last Buyer's Agent

Daniel O'Connell

DPR Realty LLC License #SA642571000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $426

Year Built

  • Built in 1969

Lot Details

  • Property fronts an alley

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Free Parking

Schools

  • Roosevelt Elementary School
  • Percy L Julian Middle School
  • South Mountain High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 110A
  • Assessor Parcel Number 122-55-122

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 127' X 59'
  • Phoenix Mini House Subdivision

Building Details

  • Operating Expense $426
  • Net Operating Income $12,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$426

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Cross Street: 32nd St and Broadway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1969
  • Tax Year: 2013
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reog14
  • Co List Office Phone: 480-285-0000
  • Subdivision Name: Phoenix Mini House
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Free, >1 Space Per 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
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Percy L Julian School

Lot Info

  • Lot Size: 127' X 59'
  • Additional Parcels: No
  • Parcel #: 122-55-122

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Property Net Operating Income: 12240.0
  • Annual Operating Expense: 426.0

Tax Info

  • Tax Annual Amount: 426.0
  • Tax Book Number: 122.00
  • Tax Lot: 110A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2014
Closed on
Jul 9, 2014
Sold by
Oak Street Properties Llc
Bought by
Shamrock Green Properties Llc
Seller's Agent
Steve Davis
Realty ONE Group
Buyer's Agent
Daniel O'Connell
DPR Realty LLC
List Price
$98,000
Sold Price
$82,000
Premium/Discount to List
-$16,000
-16.33%
Current Estimated Value
$270,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,738
Avg. Annual Appreciation
11.13%

Purchase Details

Closed on
Oct 1, 2012
Sold by
Matlock Brian
Bought by
Oak Street Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2012
Sold by
Reeder Ronald and Reeder Rod
Bought by
Matlock Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2012
Sold by
Reeder Ron
Bought by
Walker Fanta and 2726 E Atlanta Ave Trust

Purchase Details

Closed on
Jan 22, 2009
Sold by
Consumer Solutions Llc
Bought by
Reeder Ron

Purchase Details

Closed on
Jun 19, 2008
Sold by
Randle Mary F
Bought by
Consumer Solutions Llc

Purchase Details

Closed on
Apr 25, 2006
Sold by
Randle Mary F
Bought by
Randle Mary F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shamrock Green Properties Llc $82,000 First American Title Ins Co
Oak Street Properties Llc $75,000 Magnus Title Agency
Matlock Brian $45,000 Magnus Title Agency
Reeder Ronald -- Magnus Title Agency
Walker Fanta -- None Available
Reeder Ron $7,000 First American Title Ins Co
Consumer Solutions Llc $89,201 Accommodation
Randle Mary F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oak Street Properties Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2014 07/24/14 Sold $82,000 +100.0% $106 / Sq Ft
07/24/2014 07/24/14 Sold $41,000 -7.9% $53 / Sq Ft View Prior Sale
07/02/2014 07/02/14 Pending -- -- --
07/02/2014 07/02/14 Pending -- -- --
03/03/2014 03/03/14 Price Changed $44,500 -54.6% $57 / Sq Ft
02/04/2014 02/04/14 For Sale $98,000 +100.0% $126 / Sq Ft
02/02/2014 02/02/14 Price Changed $49,000 -16.9% $63 / Sq Ft
01/17/2014 01/17/14 For Sale $59,000 -- $76 / 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 $348 $2,309 -- --
2024 $329 $2,199 -- --
2023 $329 $13,750 $2,750 $11,000
2022 $323 $10,260 $2,050 $8,210
2021 $330 $8,900 $1,780 $7,120
2020 $325 $7,780 $1,550 $6,230
2019 $315 $6,180 $1,230 $4,950
2018 $306 $4,860 $970 $3,890
2017 $292 $3,980 $790 $3,190
2016 $278 $3,110 $620 $2,490
2015 $262 $2,450 $490 $1,960
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Steve Davis

    Realty One Group

  • Vincent Fiore

    Seller Co-Listing Agent in 2014

    Vincent Fiore

    Compass

    (602) 330-4800

    56 Total Sales

    Vincent Fiore
    Section Image

  • D

    Buyer's Agent in 2014

    Daniel O'Connell

    DPR Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5064784

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-55-123A

Arizona Maricopa County Phoenix 85040 South Mountain

2726 E Atlanta 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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