NOT LISTED FOR SALE

2726 W Myrtle Ave Phoenix, AZ 85051

Alhambra Neighborhood

Estimated Value: $325,846 - $519,000

-- Bed
1 Bath
881 Sq Ft
$452/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $450,000 $511 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,247/month

Highlights

  • Evaporated cooling system
  • Washington High School Rated A-
  • Heating Available

About This Home

As of November 2020

This is a pride of ownership, boutique property ideally located near the 17 freeway, light rail, Metro center and Grand Canyon University.
Many renovations and upgrades ensure these unis are in high demand. There are three, 1 bed units on one lot and two, 2 bedroom units on the other. All have a private back yard, covered parking and a washer dryer or hookups. The one bedroom units rent for $450, $650 and $700 per month and the 2 bed 2 bath unit rents for $900. The 2 bed/1 bath rents for $800 per month.

Last Agent to Sell the Property

Catherine Mereness Ramirez

Century 21 Arizona Foothills License #SA661432000 Listed on: 10/30/2020

Century 21 Arizona Foothills

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

  • $1,686

Year Built

  • Built in 1948

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Stucco

Parking

  • 10 Open Parking Spaces
  • 15 Parking Spaces
  • 5 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Utilities

  • Evaporated cooling system
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 8
  • Assessor Parcel Number 151-13-009-G

Community Details

Overview

  • 5 Buildings
  • 5 Units
  • Building Dimensions are 25623
  • Orangeland 5 10, 15, 16 Subdivision

Building Details

  • Operating Expense $9,936
  • Net Operating Income $33,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,686

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: 27th Ave and Myrtle
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: MF
  • Number Of Buildings: 5
  • Year Built: 1948
  • Tax Year: 2020
  • Directions: N on Myrtle from Glendale or S from Northern. West on Myrtle to property on N side
  • Road Surface Type: Asphalt
  • Subdivision Name: ORANGELAND 5-10, 15, 16
  • Tax Parcel Letter: G
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 15.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Evaporative Cooling
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Lot Info

  • Lot Size: 25623
  • Additional Parcels: Yes
  • Parcel #: 151-13-009-G

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 5
  • Insurance Expense: 2000.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 33750.0
  • Annual Operating Expense: 9936.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1686.0
  • Tax Book Number: 151.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Oct 22, 2020
Sold by
Swett Sheila May Kim and James L Crockett Revocable Tru
Bought by
Desp Investments Llc
Seller's Agent
Catherine Mereness Ramirez
Century 21 Arizona Foothills
Buyer's Agent
Andrew Tate
Keller Williams Arizona Realty
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$398,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,788
Avg. Annual Appreciation
-2.71%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Crockett James L
Bought by
Crockett James L and Enriquez Marianella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,900
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2005
Sold by
Angeli H J
Bought by
Crockett James L and Enriquez Marianella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.77%
Mortgage Type
New Conventional
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
Desp Investments Llc $450,000 Security Title Agency Inc
Crockett James L -- Chicago Title Insurance Co
Crockett James L -- Chicago Title Insurance Co
Crockett James L $183,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crockett James L $136,900
Previous Owner Crockett James L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $450,000 0.0% $511 / Sq Ft
10/30/2020 10/30/20 For Sale $450,000 0.0% $511 / Sq Ft
10/16/2020 10/16/20 For Sale $450,000 -- $511 / 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 $932 $7,620 -- --
2024 $915 $7,257 -- --
2023 $915 $22,050 $4,410 $17,640
2022 $885 $16,770 $3,350 $13,420
2021 $897 $15,130 $3,020 $12,110
2020 $874 $13,470 $2,690 $10,780
2019 $858 $12,230 $2,440 $9,790
2018 $836 $9,980 $1,990 $7,990
2017 $831 $9,930 $1,980 $7,950
2016 $816 $9,980 $1,990 $7,990
2015 $756 $6,610 $1,320 $5,290
Source: Public Records

Agents Affiliated with this Home

  • Catherine Mereness Ramirez

    Seller's Agent in 2020

    Catherine Mereness Ramirez

    Century 21 Arizona Foothills

    (843) 575-0669

    2 in this area

    4 Total Sales

    Catherine Mereness Ramirez
    Section Image
  • Andrew Tate

    Buyer's Agent in 2020

    Andrew Tate

    Keller Williams Arizona Realty

    (480) 203-7498

    6 in this area

    11 Total Sales

    Andrew Tate
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6147969

Arizona Regional Multiple Listing Service (ARMLS)

APN: 151-13-009G

Arizona Maricopa County Phoenix 85051 Alhambra

2726 W Myrtle Ave, Phoenix, AZ

This home is located at 2726 W Myrtle Ave, Phoenix, AZ 85051 since 30 October 2020 and is currently estimated at $398,212, approximately $452 per square foot. This property was built in 1948. 2726 W Myrtle Ave is a home located in Maricopa County with nearby schools including Washington Elementary School, Palo Verde Middle School, and Washington High School.

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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