NOT LISTED FOR SALE

2939 N 36th St Phoenix, AZ 85018

Camelback East Village Neighborhood
32 Beds
-- Bath
1,250 Sq Ft
1981 Built

Last Sold July 03, 2023

Last sale price $4,800,000 $3,840 Per Sq Ft

8 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of July 2023

Originally 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

Staci Smedstad

DeLex Realty License #BR534053000 Listed on: 03/20/2023

DeLex Realty

Co-Listed By

Houstin Engstrom

Delex Realty License #SA678877000

Last Buyer's Agent

Mitchell Drake

ABI Multifamily License #SA675761000

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,503

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: 36th Street and Osborn
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R4A
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2022
  • Directions: Just north of Thomas on 36th Street. Property on the east side of the street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: dele003
  • Subdivision Name: CITRUS ACRES LOTS 21-60
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Concrete
  • Appliances: Built-In Range
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 27.0
  • Total Parking Spaces: 37.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 27.0
  • General Property Description:Total Parking Spcs: 37.0

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric, Individual
  • 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

  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 20868
  • Additional Parcels: No
  • Parcel #: 127-22-011-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 30
  • Annual Operating Expense: 13503.0

Tax Info

  • Tax Annual Amount: 13503.0
  • Tax Book Number: 127.00
  • Tax Lot: 9

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Staci Smedstad

    Seller's Agent in 2023

    Staci Smedstad

    DeLex Realty

    (602) 882-3388

    4 in this area

    70 Total Sales

    Staci Smedstad
    Section Image
  • Houstin Engstrom

    Seller Co-Listing Agent in 2023

    Houstin Engstrom

    Delex Realty

    (602) 684-6843

    5 in this area

    50 Total Sales

    Houstin Engstrom
    Section Image
  • Mitchell Drake

    Buyer's Agent in 2023

    Mitchell Drake

    ABI Multifamily

    (602) 714-1400

    9 in this area

    29 Total Sales

    Mitchell Drake
    Section Image
  • Don Mortensen

    Seller's Agent in 2017

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    8 in this area

    125 Total Sales

    Don Mortensen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6533594

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85018 Camelback East Village

2939 N 36th St, Phoenix, AZ

This home is located at 2939 N 36th St, Phoenix, AZ 85018 since 20 March 2023. This property was built in 1981. 2939 N 36th St is a home located in Maricopa County with nearby schools including Monte Vista Elementary School, Camelback 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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