NOT LISTED FOR SALE

2831 E Mobile Ln Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $560,613 - $705,000

8 Beds
-- Bath
3,007 Sq Ft
$210/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $341,000 $113 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,506/month

5 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Multiple Heating Units
  • Phoenix Coding Academy Rated A

About This Home

As of February 2020

Large triplex in nicely gentrifying South Phoenix neighborhood. Numerous new construction houses going up right now on the same block, including next door. Many upgrades in the last several years with nice curb appeal. Separate electric (4 meters) upgraded about 9 years ago with three HVAC roof units. Each unit has separate storage along with a ''double'' separate laundry room & large storage shed. Unit mix consists of two 3 BR/2 BA units (1131 SF and 1209 SF), along with a 2 BR/1 BA (698 SF). Upper 3 BR unit has a view of the city. 2 BR tenant has been there about 20 years. 3 BR units now vacant, offering the buyer nice flexibility. Long-time owners have self-managed. Clear pride of ownership with this property on a nice block. Buyer to complete & rely on own due diligence. DND tenants.

Last Agent to Sell the Property

James Stephens

Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 01/16/2020

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Tim O'Buckley

RE/MAX Professionals License #BR509092000

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $880

Year Built

  • Built in 1985

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 87
  • Assessor Parcel Number 122-61-060-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7626 SF
  • Wier Estates Lots 159 168 Subdivision

Building Details

  • Operating Expense $880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$880

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Baseline & 32nd St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2019
  • Directions: Exit 151 University Drive off I-10 to S. 32nd St. Right to E. Mobile Lane to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: WIER ESTATES LOTS 159-168
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Other, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: Other (See Remarks), SRP, Individual Meter
  • Cooling: Other, See Remarks, Electric, Heat Pump, Individual, 2 or More Units
  • Heating: Other, See Remarks, Individual, Heat Pump, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7626 SF
  • Additional Parcels: No
  • Parcel #: 122-61-060-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 880.0

Tax Info

  • Tax Annual Amount: 880.0
  • Tax Book Number: 122.00
  • Tax Lot: 87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Feb 25, 2020
Sold by
Gensen Jacquelyn
Bought by
Gensen Jeff R
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Tim O'Buckley
RE/MAX Professionals
List Price
$343,000
Sold Price
$341,000
Premium/Discount to List
-$2,000
-0.58%
Current Estimated Value
$630,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,153
Avg. Annual Appreciation
11.06%
Original Mortgage
$248,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2020
Closed on
Feb 24, 2020
Sold by
Shumake Donald R and Shumake Peggy J
Bought by
Gensen Jeff R
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Tim O'Buckley
RE/MAX Professionals
List Price
$343,000
Sold Price
$341,000
Premium/Discount to List
-$2,000
-0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,250
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Gensen Jeff R -- Chicago Title Agency
Gensen Jeff R $341,000 Chicago Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gensen Jeff R $252,500
Closed Gensen Jeff R $248,250
Previous Owner Shu Make Donald R $75,038
Previous Owner Shumake Donald R $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $341,000 -0.6% $113 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $343,000 -- $114 / 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 $948 $6,452 -- --
2024 $921 $6,145 -- --
2023 $921 $38,530 $7,700 $30,830
2022 $902 $27,000 $5,400 $21,600
2021 $921 $22,010 $4,400 $17,610
2020 $909 $17,910 $3,580 $14,330
2019 $880 $18,000 $3,600 $14,400
2018 $856 $13,270 $2,650 $10,620
2017 $816 $9,650 $1,930 $7,720
2016 $776 $8,220 $1,640 $6,580
2015 $731 $7,060 $1,410 $5,650
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James Stephens

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 672-3526

    1 in this area

    51 Total Sales

    James Stephens
    Section Image
  • Tim O'Buckley

    Buyer's Agent in 2020

    Tim O'Buckley

    RE/MAX

    (602) 526-1814

    1 in this area

    57 Total Sales

    Tim O'Buckley
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6025958

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-61-060A

Arizona Maricopa County Phoenix 85040 South Mountain

2831 E Mobile Ln, Phoenix, AZ

This home is located at 2831 E Mobile Ln, Phoenix, AZ 85040 since 16 January 2020 and is currently estimated at $630,153, approximately $209 per square foot. This property was built in 1985. 2831 E Mobile Ln is a home located in Maricopa County with nearby schools including Percy L Julian School, South Mountain High School, and Phoenix Coding Academy.

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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