NOT LISTED FOR SALE

2921 E Mobile Ln Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $478,000 - $529,000

-- Bed
-- Bath
2,144 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $315,000 $147 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,801/month

84 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of February 2021

Fully Rented Triplex surrounded by the South Phoenix Village infill redevelopment project (www.SouthPhoenixVillage.com). Strong upside in property values & rents. 3 unit investment property with 3 different unit sizes (3 bedrm/1 bath; 2 bedrom/1 bath; 1 bedrm/1 bath). Newer roof and windows! All units are individually metered for electric, and each has its own AC on the roof. Block wall surrounding and no maintenance landscape with lots of parking is a HUGE plus. Brand new homes next door.

Last Agent to Sell the Property

Richard Kovarik

HomeSmart License #SA623916000 Listed on: 09/10/2020

HomeSmart

Last Buyer's Agent

Nicholas Calamia

RETSY License #SA685761000

RETSY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $711

Year Built

  • Built in 1985

Lot Details

  • 7,841

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 93
  • Assessor Parcel Number 122-61-069

Community Details

Overview

  • 3 Units
  • Building Dimensions are .18 ACRES
  • Wier Estates Lots 159 168 Subdivision

Building Details

  • Operating Expense $711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$711

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 32 ST & BROADWAY
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2019
  • Directions: I-10 to 32nd St, S to Mobile, W to 2912 E Mobile Ln address
  • Road Surface Type: Asphalt
  • Subdivision Name: WIER ESTATES LOTS 159-168
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • 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:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Individual
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Lot Info

  • Lot Size: .18 ACRES
  • Additional Parcels: No
  • Parcel #: 122-61-069

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Operating Expense: 711.0

Tax Info

  • Tax Annual Amount: 711.0
  • Tax Book Number: 122.00
  • Tax Lot: 93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Feb 1, 2021
Sold by
Rmk Solutions Llc
Bought by
Sykes Natasha Danielle
Seller's Agent
Richard Kovarik
HomeSmart
Buyer's Agent
Nicholas Calamia
RETSY
List Price
$345,000
Sold Price
$315,000
Premium/Discount to List
-$30,000
-8.7%
Current Estimated Value
$502,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,333
Avg. Annual Appreciation
11.40%
Original Mortgage
$309,294
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2009
Sold by
Cnr Solution Enterprises Llc
Bought by
Rmk Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2009
Sold by
Aurora Loan Services Llc
Bought by
Cnr Solution Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2009
Sold by
Rosales Carlos and Rosales Maria
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
May 30, 2007
Sold by
Kovarik Richard E
Bought by
Rosales Carlos and Rosales Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2004
Sold by
Russell Bertrand and Russell Jeannette
Bought by
Kovarik Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,504
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2001
Sold by
Joksimovich Gordon
Bought by
Russell Bertrand and Russell Jeannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 1997
Sold by
Austin Funding Inc
Bought by
Joksimovich Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,250
Interest Rate
7.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 1995
Sold by
Mortgage Service America Co
Bought by
Austin Funding Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,500
Interest Rate
7.62%
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
Sykes Natasha Danielle $315,000 Clear Title
Rmk Solutions Llc $39,500 Guaranty Title Agency
Cnr Solution Enterprises Llc $38,700 Guaranty Title Agency
Aurora Loan Services Llc $110,000 None Available
Rosales Carlos $210,000 Chicago Title Insurance Co
Kovarik Richard E $135,630 First Financial Title Agency
Russell Bertrand $90,000 American Title Insurance
Joksimovich Gordon $37,500 Security Title Agency
Joksimovich Gordon $37,500 Security Title Agency
Austin Funding Inc $17,500 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sykes Natasha Danielle $50,000
Closed Sykes Natasha Danielle $308,086
Closed Sykes Natasha Danielle $309,294
Previous Owner Rmk Solutions Llc $40,000
Previous Owner Rmk Solutions Llc $75,000
Previous Owner Rmk Solutions Llc $25,000
Previous Owner Rosales Carlos $189,000
Previous Owner Kovarik Richard E $108,504
Previous Owner Russell Bertrand $81,000
Previous Owner Joksimovich Gordon $26,250
Previous Owner Austin Funding Inc $10,500
Closed Kovarik Richard E $27,126
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $315,000 -8.7% $147 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $345,000 0.0% $161 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $345,000 -- $161 / 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 $766 $5,216 -- --
2024 $745 $4,968 -- --
2023 $745 $31,000 $6,200 $24,800
2022 $729 $21,750 $4,350 $17,400
2021 $744 $17,920 $3,580 $14,340
2020 $735 $14,550 $2,910 $11,640
2019 $711 $14,370 $2,870 $11,500
2018 $692 $11,660 $2,330 $9,330
2017 $660 $7,720 $1,540 $6,180
2016 $628 $6,570 $1,310 $5,260
2015 $591 $5,570 $1,110 $4,460
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Richard Kovarik

    HomeSmart

    Section Image

  • N

    Buyer's Agent in 2021

    Nicholas Calamia

    RETSY

    (613) 617-9743

    1 in this area

    50 Total Sales

    Nicholas Calamia
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6129634

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-61-069

Arizona Maricopa County Phoenix 85040 South Mountain

2921 E Mobile Ln, Phoenix, AZ

This home is located at 2921 E Mobile Ln, Phoenix, AZ 85040 since 10 September 2020 and is currently estimated at $502,333, approximately $234 per square foot. This property was built in 1985. 2921 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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