NOT LISTED FOR SALE

2838 W Melvin St Phoenix, AZ 85009

Estrella Village Neighborhood

Estimated Value: $338,000 - $539,432

-- Bed
-- Bath
-- Sq Ft
0.3 Acres

Last Sold April 27, 2017

Last sale price $132,000

Est. 241% increase in value since last sale

Current estimated payment $2,453/month

8 Days on Market

Highlights

  • Evaporated cooling system
  • Concrete Flooring
  • 4-minute walk to Willow Park
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of April 2017

Great opportunity to own income property. 100% rented. 3 units consisting of: Single family home with 3 bedrooms- 2 baths.-- Duplex -- each unit has 1 bedroom/1 bath. Always rented.
Centrally located.Add this property to your portfolio and let this investment work for you.

Last Agent to Sell the Property

Sonia Woldoff

Berkshire Hathaway HomeServices Arizona Properties License #SA637184000 Listed on: 04/13/2017

Berkshire Hathaway HomeServices Arizona Properties

Co-Listed By

Dean Abraham

Berkshire Hathaway HomeServices Arizona Properties License #SA032561000

Last Buyer's Agent

Jenny Zuraikat

Redfin Corporation License #SA651398000

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $696

Year Built

  • Built in 1931

Lot Details

  • 0.3

Home Design

  • Wood Frame Construction

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • J B Sutton Elementary School
  • Isaac E IMES Middle School
  • Carl Hayden High School

Utilities

  • Evaporated cooling system
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • Legal Lot and Block 6 / 7
  • Assessor Parcel Number 109-27-083

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are IRR
  • Willow Addition Subdivision

Building Details

  • Operating Expense $1,941

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$696

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Cross Street: 29th Ave & Van Buren
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 2
  • Year Built: 1931
  • Tax Year: 2016
  • Directions: 29th Ave. North to Melvin, East (right) property on North side of Melvin.
  • Road Surface Type: Sidewalk(s)
  • Co List Office Mls Id: praz04
  • Co List Office Phone: 480-505-6300
  • Subdivision Name: WILLOW ADDITION
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Construction Type: Other, See Remarks, Frame - Wood
  • Roof: See Remarks, Other
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Fuel Expense: 40.0
  • Annual Water Sewer Expense: 170.0

Schools

  • Elementary School: J B Sutton Elementary School
  • High School: Carl Hayden High School
  • Middle Or Junior School: Isaac E Imes School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 109-27-083

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 3
  • Insurance Expense: 535.0
  • Maintenance Expense: 500.0
  • Annual Operating Expense: 1941.0

Tax Info

  • Tax Annual Amount: 696.0
  • Tax Block: 7
  • Tax Book Number: 109.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Arizona Land Owner Llc
Bought by
Abayev Radomes
Current Estimated Value
$449,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Outstanding Balance
$162,662
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$255,792

Purchase Details

Listed on
Apr 13, 2017
Closed on
Apr 28, 2017
Sold by
Gambino Abelardo Robles and Robles Maricela G
Bought by
Arizona Land Owner Llc
Seller's Agent
Sonia Woldoff
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Jenny Zuraikat
Redfin Corporation
List Price
$125,000
Sold Price
$132,000
Premium/Discount to List
$7,000
5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.89%

Purchase Details

Closed on
Oct 18, 2014
Sold by
Gambino Jose Audelo R
Bought by
Gambino Abelardo

Purchase Details

Closed on
Oct 20, 1994
Sold by
Rubin Connie L
Bought by
Gambino Jose Audelo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
8.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 19, 1994
Sold by
Uriarte Eduardo Cotera
Bought by
Rubin Connie L
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
Abayev Radomes -- Empire West Title Agency Llc
Arizona Land Owner Llc $132,000 Empire West Title Agency Llc
Gambino Abelardo -- None Available
Gambino Jose Audelo R $26,000 United Title Agency
Rubin Connie L -- United Title Agency
Rubin Connie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abayev Radomes $178,500
Previous Owner Gambino Jose Audelo R $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $132,000 +5.6% --
04/19/2017 04/19/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $125,000 -- --
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 $807 $4,929 -- --
2024 $788 $4,695 -- --
2023 $788 $24,950 $4,990 $19,960
2022 $751 $16,510 $3,300 $13,210
2021 $749 $15,070 $3,010 $12,060
2020 $735 $12,270 $2,450 $9,820
2019 $722 $10,610 $2,120 $8,490
2018 $723 $8,630 $1,720 $6,910
2017 $719 $7,920 $1,580 $6,340
2016 $696 $6,060 $1,210 $4,850
2015 $644 $4,650 $930 $3,720
Source: Public Records

Agents Affiliated with this Home

  • Sonia Woldoff

    Seller's Agent in 2017

    Sonia Woldoff

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 370-0450

    53 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2017

    Dean Abraham

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 505-6300

    3 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Jenny Zuraikat

    Redfin Corporation

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5589674

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-27-083

Arizona Maricopa County Phoenix 85009 Estrella Village

2838 W Melvin St, Phoenix, AZ

This home is located at 2838 W Melvin St, Phoenix, AZ 85009 since 13 April 2017 and is currently estimated at $407,477. This property was built in 1931. 2838 W Melvin St is a home located in Maricopa County with nearby schools including J.B. Sutton Elementary School, Isaac Middle School, and Carl Hayden 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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