Seller's Agent in 2023
Staci Smedstad
DeLex Realty
(602) 882-3388
3 in this area
43 Total Sales
2939 N 36th St Phoenix, AZ 85018
Camelback East Village Neighborhood
32
Beds
--
Bath
1,250
Sq Ft
1981
Built
Highlights
- Cooling Available
- Concrete Flooring
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of July 2023Originally built in 1981, Avanti Estates has recently undergone extensive improvements including a new roof, resurfaced pool. 90% of the units have been updated with new flooring, appliances, bathrooms and cabinets. The addition of covered parking has allowed for additional income. 85% of the units have received new air conditioning units. The current management is in the process of turning the water, sewer, and trash over to the tenant allowing for a potential gain of 24K a year in profit. All of Avanti Estate units are metered individually for electric.
With a sales price of $5, 500,000, averaging $183,000 per unit, Avanti Estates is an outstanding opportunity for investors.
*Seller may carry with the right offer.
Last Agent to Sell the Property
DeLex Realty License #BR534053000 Listed on: 03/20/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,503
Year Built
- Built in 1981
Home Design
- Foam Roof
- Block Exterior
Flooring
- Carpet
- Concrete
Parking
- 27 Open Parking Spaces
- 37 Parking Spaces
- 10 Covered Spaces
Schools
- Creighton Elementary School
- Camelback High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 9
- Assessor Parcel Number 127-22-011-A
Community Details
Overview
- 2 Buildings
- 30 Units
- Building Dimensions are 20868
- Citrus Acres Lots 21 60 Subdivision
Building Details
- Operating Expense $13,503
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/03/2023 07/03/23 | Sold | $4,800,000 | -12.7% | $3,840 / Sq Ft | |
| 05/29/2023 05/29/23 | Price Changed | $5,500,000 | 0.0% | $4,400 / Sq Ft | |
| 03/28/2023 03/28/23 | Pending | -- | -- | -- | |
| 03/28/2023 03/28/23 | For Sale | $5,500,000 | 0.0% | $4,400 / Sq Ft | |
| 03/27/2023 03/27/23 | Pending | -- | -- | -- | |
| 03/20/2023 03/20/23 | For Sale | $5,500,000 | +107.5% | $4,400 / Sq Ft | |
| 11/17/2017 11/17/17 | Sold | $2,650,000 | 0.0% | $2,120 / Sq Ft | View Prior Sale |
| 11/08/2017 11/08/17 | Off Market | $2,650,000 | -- | -- | |
| 10/16/2017 10/16/17 | Pending | -- | -- | -- | |
| 09/20/2017 09/20/17 | Price Changed | $2,595,000 | -5.6% | $2,076 / Sq Ft | |
| 09/10/2017 09/10/17 | Price Changed | $2,750,000 | -3.5% | $2,200 / Sq Ft | |
| 06/26/2017 06/26/17 | Price Changed | $2,849,700 | -4.9% | $2,280 / Sq Ft | |
| 04/18/2017 04/18/17 | For Sale | $2,997,000 | -- | $2,398 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $14,773 | $109,374 | -- | -- |
| 2024 | $14,055 | $104,165 | -- | -- |
| 2023 | $14,055 | $394,120 | $78,820 | $315,300 |
| 2022 | $13,503 | $331,230 | $66,240 | $264,990 |
| 2021 | $13,833 | $274,100 | $54,820 | $219,280 |
| 2020 | $13,496 | $221,160 | $44,230 | $176,930 |
| 2019 | $13,401 | $196,250 | $39,250 | $157,000 |
| 2018 | $13,125 | $142,030 | $28,400 | $113,630 |
| 2017 | $12,618 | $126,380 | $25,270 | $101,110 |
| 2016 | $12,130 | $110,680 | $22,130 | $88,550 |
Source: Public Records
Agents Affiliated with this Home
-
Staci Smedstad
-
Houstin Engstrom
Seller Co-Listing Agent in 2023
Houstin Engstrom
Delex Realty
(602) 684-6843
5 in this area
35 Total Sales
-
Mitchell Drake
Buyer's Agent in 2023
Mitchell Drake
ABI Multifamily
(602) 714-1400
9 in this area
27 Total Sales
-
Don Mortensen
Seller's Agent in 2017
Don Mortensen
LRA Real Estate Group, LLC
(480) 526-5644
8 in this area
121 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6533594
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.
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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