NOT LISTED FOR SALE

2931 E Atlanta Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $193,070 - $518,000

2 Beds
-- Bath
2,112 Sq Ft
$192/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $75,000 $36 Per Sq Ft

Est. 440% increase in value since last sale

Current estimated payment $2,181/month

3 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of February 2013

Nice 3 plex building in good rental area. Currently vacant but will lease up fast. New roof and AC units in last 2 years. Interiors all have upgraded, cabinets, granite counter tops and much more.

Last Agent to Sell the Property

Jake Allen

Tradelands Realty License #SA569290000 Listed on: 01/29/2013

Last Buyer's Agent

Ken Tasopulos

Better Homes & Gardens Real Estate SJ Fowler License #SA524907000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $554

Year Built

  • Built in 1985

Lot Details

  • 7,710

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Evaporated cooling system
  • Heating Available

Community Details

  • 3 Units
  • Building Dimensions are IRR

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 137
  • Assessor Parcel Number 122-60-085-b

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$554

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 24ST + BROADWAY
  • Property Type: Multiple Dwellings
  • Zoning: 0335
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: b
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 122-60-085-b

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 554.08
  • Tax Book Number: 122.00
  • Tax Lot: 137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2023
Sold by
Johnson Francis Michael and Johnson Mike
Bought by
Johnson Mike and Johnson Francis Michael
Current Estimated Value
$405,023

Purchase Details

Listed on
Jan 29, 2013
Closed on
Feb 13, 2013
Sold by
Reltso Llc
Bought by
Johnson Mike
Seller's Agent
Jake Allen
Tradelands Realty
Buyer's Agent
Ken Tasopulos
Better Homes & Gardens Real Estate SJ Fowler
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%

Purchase Details

Listed on
Jan 29, 2013
Closed on
Feb 7, 2013
Sold by
Johnson Yoke Mooi
Bought by
Johnson Mike
Seller's Agent
Jake Allen
Tradelands Realty
Buyer's Agent
Ken Tasopulos
Better Homes & Gardens Real Estate SJ Fowler
List Price
$75,000
Sold Price
$75,000

Purchase Details

Closed on
Mar 1, 2011
Sold by
Maldonado Mario C and Maldonado Felipa
Bought by
Reltso Llc

Purchase Details

Closed on
Mar 16, 2005
Sold by
Barlyn Investments Llc
Bought by
Maldonado Mario C and Maldonado Felipa R

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
5.6%
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
$82,250
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
Mar 22, 2000
Sold by
Madanick Fred I and Madanick Barbara
Bought by
Barlyn Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Interest Rate
8.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2000
Sold by
Al Kepko Ltd
Bought by
Madanick Fred I 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
$58,800
Interest Rate
8.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 1997
Sold by
London Wallace J
Bought by
Al Kepko Ltd

Purchase Details

Closed on
Oct 4, 1995
Sold by
Weinman Arlene
Bought by
London Wallace J
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
Johnson Mike -- None Listed On Document
Johnson Mike $75,000 Driggss Title Agency Inc
Johnson Mike -- Driggss Title Agency Inc
Reltso Llc $26,500 None Available
Maldonado Mario C $141,000 Ticor Title Agency Of Az Inc
Madanick Fred -- Grand Canyon Title Agency In
Barlyn Investments Llc -- --
Madanick Frederick -- --
Barlyn Investments Inc -- --
Madanick Fred I $73,900 Stewart Title & Trust
Al Kepko Ltd -- --
London Wallace J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maldonado Mario C $112,800
Previous Owner Madanick Fred $82,250
Previous Owner Madanick Fred I $58,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2013 02/15/13 Sold $75,000 0.0% $36 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
01/29/2013 01/29/13 For Sale $75,000 -- $36 / 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 $775 $5,144 -- --
2024 $734 $4,899 -- --
2023 $734 $30,620 $6,120 $24,500
2022 $719 $21,500 $4,300 $17,200
2021 $734 $17,710 $3,540 $14,170
2020 $725 $14,370 $2,870 $11,500
2019 $702 $14,200 $2,840 $11,360
2018 $683 $10,420 $2,080 $8,340
2017 $651 $7,630 $1,520 $6,110
2016 $619 $6,480 $1,290 $5,190
2015 $583 $5,510 $1,100 $4,410
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jake Allen

    Tradelands Realty

    (480) 610-6833

    2 in this area

    40 Total Sales

    Jake Allen
    Section Image

  • K

    Buyer's Agent in 2013

    Ken Tasopulos

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    8 Total Sales

    Ken Tasopulos
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4882158

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-60-085B

Arizona Maricopa County Phoenix 85040 South Mountain

2931 E Atlanta 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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