$409,900
SOLD AUG 10, 2020
-- Bed
-- Bath
1,115 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$368 Per Sq Ft

12 Days on Market

Highlights

  • Multiple cooling system units
  • Community Playground
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of August 2020

RARE PROPERTY ALERT! 2 income-generating homes on 1 large lot in a prime location! This charmingly updated 2 bed 2 bath home with a completely remodeled separate 1 bed 1 bath guest house are nestled on a large lot in the heart of all Arcadia and the Camelback corridor have to offer. The well-planned low-maintenance outdoor spaces offer views of Camelback mountain in the front, and private yards for each home in the back (with plenty room for a pool). These properties generate $45K annually as short-term rentals; keep them both as investment properties, live in one house and rent the other to cover your expenses while building equity, or use the guest house as an art studio, clubhouse, run a small business, entertain guests...the possibilities are endless!

Last Agent to Sell the Property

Carissa Vivirito

Realty ONE Group License #SA664460000 Listed on: 07/09/2020

Co-Listed By

Nicole Patton Zopolos

Realty ONE Group License #SA671922000

Last Buyer's Agent

Steve Shrewsbury

HomeSmart License #SA664106000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 1953

Home Design

  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Siding

Interior Spaces

  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 7 Parking Spaces
  • 1 Covered Space
  • Common or Shared Parking
  • Free Parking
  • On-Street Parking

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer, landscaping
  • Legal Lot and Block 3 / 3
  • Assessor Parcel Number 119-12-003

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 62'x130'
  • Mountain View Park Plat 2 Blks 3 7 Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $2,208
  • Gross Income $42,750
  • Net Operating Income $25,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,208

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: Osborn and 32nd St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-6
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1953
  • Tax Year: 2019
  • Directions: West on Osborn from 32nd, home is on the south side.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: reog01
  • Co List Office Phone: 480-315-1240
  • Subdivision Name: MOUNTAIN VIEW PARK PLAT 2 BLKS 3-7
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Siding, Painted, Block
  • Roof: Built-Up, Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Free, Add'l Parking Avail, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Exterior Amenities:RVBoat Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Window/Wall Unit, Electric, 2 or More Units
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Play Area

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Play Area: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 62'x130'
  • Additional Parcels: No
  • Parcel #: 119-12-003

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 42750.0
  • Property Net Operating Income: 25000.0
  • Annual Operating Expense: 2208.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2208.0
  • Tax Block: 3
  • Tax Book Number: 119.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 9, 2020
Sold by
Arcedia Bungalow Llc
Bought by
Ritthaler Sarah J
Seller's Agent
Carissa Vivirito
Realty ONE Group
Buyer's Agent
Steve Shrewsbury
HomeSmart
List Price
$409,900
Sold Price
$409,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$371,898
Outstanding Balance
$270,334
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$269,243

Purchase Details

Closed on
Jan 29, 2020
Sold by
Branton Allison and Kunz Shaun
Bought by
Arcadia Bungalow Llc

Purchase Details

Listed on
Jul 19, 2018
Closed on
Dec 4, 2018
Sold by
Fimbres Carlos H
Bought by
Branton Allison and Kunz Shaun
Seller's Agent
Sofia Zapata
Compass
Buyer's Agent
Carissa Vivirito
Realty ONE Group
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$236,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jun 30, 2017
Sold by
Brien Marissa O and Brien Francis Donald O
Bought by
Fimbres Carlos H
Seller's Agent
Matt Rosenblum
HomeSmart
Buyer's Agent
Sofia Zapata
Compass
List Price
$265,000
Sold Price
$267,000
Premium/Discount to List
$2,000
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$258,990
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2013
Closed on
Apr 22, 2014
Sold by
Rrl Holdings Llc
Bought by
Brien Marissa O and Brien Francis Donald O
Seller's Agent
Rick Lockwood
My Home Group Real Estate
Buyer's Agent
Bernardo Diaz-Lagares
DRH Properties Inc
List Price
$194,900
Sold Price
$166,500
Premium/Discount to List
-$28,400
-14.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%
Original Mortgage
$149,850
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2013
Sold by
Sutherland Scott F
Bought by
Rrl Holdings Llc and Ramm Holdings Llc

Purchase Details

Closed on
Jul 25, 2007
Sold by
Adelmann Dain B and Sutherland Scott F
Bought by
Adelmann Dain B and Sutherland Scott F

Purchase Details

Closed on
Jul 14, 2006
Sold by
Adelmann Dain B
Bought by
Sutherland Scott F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2003
Sold by
Sutherland Scott F
Bought by
Adelmann Dain B and Sutherland Scott F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,200
Interest Rate
5.75%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 23, 1999
Sold by
Sutherland Scott F
Bought by
Adelmann Dain B and Sutherland Scott F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
8.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 21, 1999
Sold by
Colletti Joseph
Bought by
Sutherland Scott F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
8.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 26, 1997
Sold by
Colletti Barbara
Bought by
Colletti Joseph

Purchase Details

Closed on
Mar 24, 1997
Sold by
Baker Geraldine E and Cerny Geraldine E
Bought by
Colletti Joseph
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $409,900 Chicago Title Agency
Quit Claim Deed -- None Available
Warranty Deed $295,000 Wfg National Title Insurance
Warranty Deed $267,000 Wfg National Title Insurance
Warranty Deed $166,500 First Arizona Title Agency
Trustee Deed $112,400 None Available
Interfamily Deed Transfer -- Title Guaranty Agency Az Inc
Quit Claim Deed -- Title Guaranty Agency Of Az
Interfamily Deed Transfer -- Transnation Title Insurance
Quit Claim Deed -- Transnation Title Insurance
Interfamily Deed Transfer -- Transnation Title Insurance
Warranty Deed $75,000 Transnation Title Ins Co
Interfamily Deed Transfer -- Transnation Title Ins Co
Cash Sale Deed $41,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $371,898 New Conventional
Previous Owner $227,500 New Conventional
Previous Owner $236,000 New Conventional
Previous Owner $258,990 New Conventional
Previous Owner $149,850 New Conventional
Previous Owner $156,000 Purchase Money Mortgage
Previous Owner $101,200 Balloon
Previous Owner $67,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Pending -- -- --
05/30/2025 05/30/25 Price Changed $550,000 -1.8% $352 / Sq Ft
04/08/2025 04/08/25 For Sale $559,900 0.0% $358 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
02/12/2025 02/12/25 Price Changed $559,900 0.0% $358 / Sq Ft
02/12/2025 02/12/25 For Sale $559,900 -1.8% $358 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $570,000 +39.1% $364 / Sq Ft
08/10/2020 08/10/20 Sold $409,900 0.0% $368 / Sq Ft
08/10/2020 08/10/20 Sold $409,900 0.0% $262 / Sq Ft
07/22/2020 07/22/20 For Sale $409,900 0.0% $368 / Sq Ft
07/22/2020 07/22/20 Price Changed $409,900 0.0% $368 / Sq Ft
07/22/2020 07/22/20 Price Changed $409,900 -3.6% $262 / Sq Ft
07/22/2020 07/22/20 For Sale $425,000 +3.7% $272 / Sq Ft
07/15/2020 07/15/20 Off Market $409,900 -- --
07/15/2020 07/15/20 Off Market $409,900 -- --
07/09/2020 07/09/20 For Sale $425,000 0.0% $381 / Sq Ft
06/12/2020 06/12/20 For Sale $425,000 +44.1% $272 / Sq Ft
12/14/2018 12/14/18 Sold $295,000 0.0% $189 / Sq Ft
10/31/2018 10/31/18 Price Changed $295,000 -1.3% $189 / Sq Ft
10/09/2018 10/09/18 For Sale $299,000 +1.4% $191 / Sq Ft
10/04/2018 10/04/18 Off Market $295,000 -- --
09/07/2018 09/07/18 Pending -- -- --
08/03/2018 08/03/18 Price Changed $299,000 -2.0% $191 / Sq Ft
07/19/2018 07/19/18 For Sale $305,000 +14.2% $195 / Sq Ft
07/03/2017 07/03/17 Sold $267,000 0.0% $174 / Sq Ft
06/10/2017 06/10/17 Price Changed $267,000 +0.8% $174 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $265,000 0.0% $173 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $265,000 +59.2% $173 / Sq Ft
04/25/2014 04/25/14 Sold $166,500 -2.0% $149 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
03/10/2014 03/10/14 Price Changed $169,900 -4.0% $152 / Sq Ft
02/14/2014 02/14/14 Price Changed $176,900 -3.3% $159 / Sq Ft
01/17/2014 01/17/14 Price Changed $182,900 -3.7% $164 / Sq Ft
11/15/2013 11/15/13 Price Changed $189,900 -2.6% $170 / Sq Ft
10/12/2013 10/12/13 For Sale $194,900 -- $175 / 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 $2,017 $18,022 -- --
2024 $2,045 $17,164 -- --
2023 $2,045 $31,960 $6,390 $25,570
2022 $1,958 $22,910 $4,580 $18,330
2021 $2,032 $21,430 $4,280 $17,150
2020 $1,979 $19,300 $3,860 $15,440
2019 $1,967 $18,750 $3,750 $15,000
2018 $1,925 $16,870 $3,370 $13,500
2017 $2,079 $16,050 $3,210 $12,840
2016 $1,270 $13,000 $2,600 $10,400
2015 $1,184 $12,430 $2,480 $9,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6101228

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-12-003