NOT LISTED FOR SALE

Estimated Value: $991,000 - $1,210,000

-- Bed
-- Bath
2,760 Sq Ft
$398/Sq Ft Est. Value

Last Sold November 06, 2018

Last sale price $750,000 $272 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,218/month

96 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of November 2018

The LaRocco On Turney is a fully renovated asset in the popular Biltmore neighborhood of central Phoenix. Truly turn-key, the property received a complete renovation in 2018 including a brand new roof. All units are two bedroom, one bath. The LaRocco On Turney features new plumbing, stylishly gated yards, polished concrete floors, and en-suite stacked Washer/Dryers. New kitchens feature quartz tops, 40'' custom shaker-style cabinetry, and stainless appliances. Bathrooms feature designer tile tub surrounds and custom vanities. All units are individually metered for electricity and each unit has reserved covered parking. Tenants enjoy all the amenities and convenience of this extremely popular neighborhood. The LaRocco on Turney sits only blocks from the Biltmore and the Camelback Esplanade and all of the entertainment, shopping, and restaurant options nearby. Just minutes away are popular restaurants such as The Vig, Postino, LGO, True Food, The Henry, Sushi Brokers, and many others.

The Collins On 27th (8 units) is also available nearby for a two property portfolio purchase.

Last Agent to Sell the Property

Mark Skelpsa

HomeSmart Realty License #SA642313000 Listed on: 06/21/2018

Last Buyer's Agent

Shane Burleson

Keller Williams Arizona Realty License #SA643502000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1972

Lot Details

  • 10,062

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 44
  • Assessor Parcel Number 163-04-018-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10,040 SF
  • Citrus Heights Lots 10 33 Subdivision

Building Details

  • Operating Expense $2,311

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,311

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: Campbell Ave and 28th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Subdivision Name: CITRUS HEIGHTS LOTS 10-33
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: BI Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Assigned, 1 Space/Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 10,040 SF
  • Additional Parcels: No
  • Parcel #: 163-04-018-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 2311.0

Tax Info

  • Tax Annual Amount: 2311.0
  • Tax Book Number: 163.00
  • Tax Lot: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2021
Sold by
Ceisel John E
Bought by
2821 E Turney Ave Llc
Current Estimated Value
$1,141,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,500
Outstanding Balance
$648,500
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$449,322

Purchase Details

Closed on
Jul 28, 2021
Sold by
Ceisel John E
Bought by
2821 E Turney Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,500
Outstanding Balance
$648,500
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$449,322

Purchase Details

Listed on
Jun 21, 2018
Closed on
Oct 30, 2018
Sold by
2821 E Turney Avenue Llc
Bought by
Ceisel John E
Seller's Agent
Mark Skelpsa
HomeSmart Realty
Buyer's Agent
Shane Burleson
Keller Williams Arizona Realty
List Price
$785,000
Sold Price
$750,000
Premium/Discount to List
-$35,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$466,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2017
Sold by
Riley Sean M
Bought by
2821 E Turney Avenue Llc

Purchase Details

Closed on
Apr 20, 2017
Sold by
Kregle Danny and Kregle Kelley A M
Bought by
Riley Sean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2015
Sold by
Carrera Manuela and Elmer Patricia M
Bought by
Kregle Family Trust

Purchase Details

Closed on
Aug 28, 2003
Sold by
Ryan Christopher and Ryan Caryn
Bought by
Carrera Manuela and Elmer Patricia M

Purchase Details

Closed on
Dec 4, 2001
Sold by
Covaciu Benjamin
Bought by
Ryan Christopher and Ryan Caryn

Purchase Details

Closed on
Feb 28, 2001
Sold by
Mckinney Dennis and Mckinney Dennis Delbert
Bought by
Covaciu Benjamin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2821 E Turney Ave Llc -- Driggs Title Agency
2821 E Turney Ave Llc -- Driggs Title Agency
2821 E Turney Ave Llc -- Driggs Title Agency Inc
2821 E Turney Ave Llc -- Driggs Title Agency Inc
Ceisel John E $750,000 Driggs Title Agency Inc
Ceisel John E $750,000 Driggs Title Agency Inc
2821 E Turney Avenue Llc -- Accommodation
2821 E Turney Avenue Llc -- Accommodation
Riley Sean M $400,000 Greystone Title Agency Llc
Riley Sean M $400,000 Greystone Title Agency Llc
Kregle Family Trust $235,000 Stewart Title & Trust Of Pho
Kregle Family Trust $235,000 Stewart Title & Trust Of Pho
Carrera Manuela $258,000 Capital Title Agency Inc
Carrera Manuela $258,000 Capital Title Agency Inc
Ryan Christopher $230,000 --
Ryan Christopher $230,000 --
Covaciu Benjamin $155,000 --
Covaciu Benjamin $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2821 E Turney Ave Llc $717,500
Closed 2821 E Turney Ave Llc $717,500
Previous Owner Ceisel John E $466,200
Previous Owner Riley Sean M $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2018 11/06/18 Sold $750,000 -4.5% $272 / Sq Ft
10/04/2018 10/04/18 For Sale $785,000 0.0% $284 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
08/21/2018 08/21/18 Price Changed $785,000 -1.3% $284 / Sq Ft
06/21/2018 06/21/18 For Sale $795,000 +98.8% $288 / Sq Ft
07/07/2017 07/07/17 Sold $400,000 -2.4% $145 / Sq Ft View Prior Sale
05/22/2017 05/22/17 Price Changed $410,000 0.0% $149 / Sq Ft
05/01/2017 05/01/17 Price Changed $410,000 0.0% $149 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $410,000 -- $149 / 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 $2,844 $21,833 -- --
2024 $2,639 $20,793 -- --
2023 $2,639 $86,110 $17,220 $68,890
2022 $2,560 $69,180 $13,830 $55,350
2021 $2,583 $54,750 $10,950 $43,800
2020 $2,542 $38,520 $7,700 $30,820
2019 $2,486 $30,100 $6,020 $24,080
2018 $2,425 $25,410 $5,080 $20,330
2017 $2,311 $21,250 $4,250 $17,000
2016 $2,231 $21,910 $4,380 $17,530
2015 $2,072 $18,720 $3,740 $14,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5783947

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-04-018C