NOT LISTED FOR SALE

2811 E Wier Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $516,000 - $534,000

-- Bed
-- Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold January 20, 2012

Last sale price $25,000

Est. 1,920% increase in value since last sale

Current estimated payment $2,700/month

9 Days on Market

Highlights

  • Painted or Stained Flooring
  • Phoenix Coding Academy Rated A
  • Evaporated cooling system

About This Home

As of January 2012

It's another short sale by the team that gets them done! PHOENIX MULTIFAMILY MITIGATION SERVICES (PMMS)1984 Built Triplex - needs work. Please do not disturb tenants. Sale is subject to lender and seller final approval.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 07/26/2011

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

David Gudmundsen

Better Homes & Gardens Real Estate SJ Fowler License #BR105719000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 7,405

Home Design

  • Wood Frame Construction
  • Composition Shingle Roof
  • Block Exterior
  • Stucco

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Painted or Stained Flooring
  • Vinyl

Parking

  • Over 1 Space Per Unit
  • On-Street Parking

Utilities

  • Evaporated cooling system

Community Details

  • $2,010 per year Dock Fee
  • 3 Units
  • Building Dimensions are IRR

Listing and Financial Details

  • Tenant pays for cable TV, electric, gas
  • The owner pays for landscaping, sewer, trash collection, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: F/S Oven/Range, Refrigerator
  • Construction Finish: Painted, Stucco
  • Cross Street: 24th St/Broadway
  • Floors: Vinyl
  • Legal Info Lot Number: 2
  • Legal Info Range: 3E
  • Legal Info Section: 26
  • Legal Info Township: 1N
  • Roads Streets: Asphalt
  • Property Type: F
  • Legal Description Abbrev: WIER ESTATES LOTS 159-168
  • Marketing Name: Wier Estates
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 5.00
  • Map Code Grid: R35
  • Year Built: 1984
  • Tax Year: 969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished

Exterior Features

  • Exterior Amenities: Desert Landscaping
  • Roofing: Comp Shingle
  • Construction: Block, Frame - Wood

Garage/Parking

  • Parking: >1 Space Per Unit, Street Parking
  • Total Parking Spaces: 5.00

Utilities

  • Water: City Franchise
  • Electric: APS, SRP
  • Gas: SW Gas
  • Cooling: Evaporative Cooling

Condo/Co-op/Association

  • Community Amenities: No Pool

Lot Info

  • Lot Size: IRR

Multi Family

  • Income And Expenses Operating Exp: 2010.00
  • Owner Pays: Landscaping, Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electric, Gas
  • Total Numberof Buildings: 1
  • Total Numberof Units: 3.00

Tax Info

  • Taxes: 2010.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2012
Sold by
East Phoenix Management Llc
Bought by
Mesa Energy Solutions Llc
Current Estimated Value
$505,000

Purchase Details

Closed on
Jun 14, 2012
Sold by
Araujo Javier and Araujo Leticia
Bought by
East Phoenix Management Llc

Purchase Details

Listed on
Jul 26, 2011
Closed on
Jan 17, 2012
Sold by
Jl Dcs Properties Inc
Bought by
Araujo Javier and Araujo Leticia
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
David Gudmundsen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$29,000
Sold Price
$25,000
Premium/Discount to List
-$4,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.39%

Purchase Details

Closed on
May 12, 2006
Sold by
Araujo Javier C and Araujo Leticia L
Bought by
Jl Dcs Properties Inc

Purchase Details

Closed on
Sep 12, 2005
Sold by
Araujo Javier C and Araujo Leticia L
Bought by
Araujo Javier C and Araujo Leticia L

Purchase Details

Closed on
Mar 14, 2005
Sold by
Madanick Barbara
Bought by
Araujo Javier and Araujo Letica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2002
Sold by
Barlyn Investments Llc
Bought by
Madanick Fred and Madanick Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,350
Interest Rate
6.22%

Purchase Details

Closed on
May 29, 2002
Sold by
Madanick Frederick and Madanick Barbara
Bought by
Barlyn Investments Llc

Purchase Details

Closed on
Sep 26, 2001
Sold by
Joksimovich Gordon
Bought by
Madanick Fred and Madanick Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
10.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2001
Sold by
Madanick Fred and Madanick Barbara
Bought by
Barlyn Investments Inc
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
Mesa Energy Solutions Llc $37,600 Chicago Title Agency Inc
East Phoenix Management Llc $25,000 Chicago Title
Araujo Javier -- Chicago Title
Jl Dcs Properties Inc -- None Available
Araujo Javier C -- None Available
Araujo Javier C -- None Available
Araujo Javier $141,000 Ticor Title Agency Of Az Inc
Madanick Fred -- Grand Canyon Title Agency In
Barlyn Investments Llc -- --
Madanick Frederick -- --
Madanick Fred $92,000 Grand Canyon Title Agency In
Barlyn Investments Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Araujo Javier $112,800
Previous Owner Madanick Fred $87,350
Previous Owner Madanick Fred $82,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2012 01/20/12 Sold $25,000 -13.8% --
08/04/2011 08/04/11 Pending -- -- --
07/26/2011 07/26/11 For Sale $29,000 -- --
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 $649 $4,302 -- --
2024 $614 $4,097 -- --
2023 $614 $30,460 $6,090 $24,370
2022 $602 $21,400 $4,280 $17,120
2021 $614 $17,610 $3,520 $14,090
2020 $606 $14,270 $2,850 $11,420
2019 $587 $14,120 $2,820 $11,300
2018 $571 $10,370 $2,070 $8,300
2017 $544 $7,600 $1,520 $6,080
2016 $517 $6,450 $1,290 $5,160
2015 $487 $5,470 $1,090 $4,380
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2012

    Lois Kaipainen

    Income Property Shop

    Section Image
  • David Gudmundsen

    Buyer's Agent in 2012

    David Gudmundsen

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 830-2552

    42 Total Sales

    David Gudmundsen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4636874

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-61-002B

Arizona Maricopa County Phoenix 85040 South Mountain

2811 E Wier 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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