NOT LISTED FOR SALE

2742 E Willetta St Phoenix, AZ 85008

Estimated Value: $381,120 - $546,000

3 Beds
2 Baths
2,183 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $630,000 $289 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $2,755/month

179 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Ceiling Fan
  • The Creighton Academy Rated 9+
  • Community Playground
  • Heat Pump System

About This Home

As of August 2023

Listing includes 2 buildings on same property: Main house & a Duplex. Main House = 3 bd 2 ba; Duplex ''Unit A'' is 3 bd 2 ba and currently occupied; Duplex ''Unit B'' is 2 bd 1 ba and currently vacant. Photos are of Main House and Unit B. Main house has an open layout, hardwood floors, eat-in kitchen, indoor laundry room, and flex room for possible office or den. Unit B is a quaint but functional layout with the retro features of the 1950's.

Last Agent to Sell the Property

Ben Koerner

Fathom Realty Elite Brokerage Phone: 602-647-9151 License #SA030920000 Listed on: 01/06/2023

Fathom Realty Elite

Last Buyer's Agent

Jennifer Bell

Lux Home Realty License #BR552530000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,419

Year Built

  • Built in 1955

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • On-Street Parking

Schools

  • Creighton Elementary School
  • Camelback High School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • The owner pays for trash collection, water
  • Legal Lot and Block 22 and 24 / 2
  • Assessor Parcel Number 121-77-105-C

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are z
  • Del Rey Homesites Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $2,419
  • Gross Income $52,440
  • Net Operating Income $47,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,419

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: McDowell and 28th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Res
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2022
  • Directions: South on 28th Street to Willetta. Duplex is located on the NW corner of 28th st and Willetta. House is north of duplex on 28th street. (all one parcel)
  • Attribution Contact: 602-647-9151
  • Road Surface Type: Dedicated Street
  • Subdivision Name: DEL REY HOMESITES
  • Tax Parcel Letter: C
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Community Features Play Area: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Appliances: Refrigerator
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None, Sch of Personal Prop
  • Construction Type: Wood Frame, Painted, Block
  • Roof: Composition, Tile
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: On Street
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: z
  • Additional Parcels: Yes
  • Parcel #: 121-77-105-C

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 3
  • Annual Gross Income: 52440.0
  • Property Net Operating Income: 47000.0
  • Annual Operating Expense: 2419.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2419.0
  • Tax Block: 2
  • Tax Book Number: 121.00
  • Tax Lot: 22 and 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Aug 16, 2023
Sold by
Mccarty Family Revocable Trust
Bought by
Tang Zhizhong and Zhang Sushu
Seller's Agent
Ben Koerner
Fathom Realty Elite
Buyer's Agent
Jennifer Bell
Lux Home Realty
List Price
$700,000
Sold Price
$630,000
Premium/Discount to List
-$70,000
-10%
Views
258
Current Estimated Value
$491,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$138,470
Avg. Annual Appreciation
-11.73%
Original Mortgage
$472,500
Outstanding Balance
$462,652
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$28,878

Purchase Details

Closed on
Nov 10, 2014
Sold by
Mccarty Elliott
Bought by
Mccarty Elliott D and Mccarty Family Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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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
Tang Zhizhong $630,000 Premier Title Agency
Mccarty Elliott D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Zhizhong $472,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $630,000 -6.7% $289 / Sq Ft
07/04/2023 07/04/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $675,000 -3.6% $309 / Sq Ft
04/10/2023 04/10/23 For Sale $700,000 0.0% $321 / Sq Ft
03/19/2023 03/19/23 For Sale $700,000 0.0% $321 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $700,000 -- $321 / 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 $768 $5,909 -- --
2024 $759 $5,628 -- --
2023 $759 $25,020 $5,000 $20,020
2022 $730 $19,230 $3,840 $15,390
2021 $747 $17,130 $3,420 $13,710
2020 $729 $16,130 $3,220 $12,910
2019 $724 $13,110 $2,620 $10,490
2018 $709 $11,700 $2,340 $9,360
2017 $682 $8,970 $1,790 $7,180
2016 $655 $8,030 $1,600 $6,430
2015 $610 $6,410 $1,280 $5,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6504501

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-77-105B