NOT LISTED FOR SALE

2940 E Atlanta Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $414,795 - $565,000

-- Bed
-- Bath
1,288 Sq Ft
$382/Sq Ft Est. Value

Last Sold June 04, 2013

Last sale price $95,300 $74 Per Sq Ft

Est. 417% increase in value since last sale

Current estimated payment $2,747/month

6 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of June 2013

Property to be sold 'as-is', No SPDS or CLUE Report. All units are occupied with great tenants. Income generating property. New AC units, New heater and new tile. LED Security lights outside the property. This property also has an additional 600 sq ft storage unit that is currently being rented by a tenant but can be renovated into an additional rental unit.

Last Agent to Sell the Property

Victoria Lopez

HomeSmart License #SA566762000 Listed on: 05/08/2013

HomeSmart

Last Buyer's Agent

George Akers

Better Homes & Gardens Real Estate SJ Fowler License #SA533875000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 1984

Lot Details

  • 10,019

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Tax Lot 115
  • Assessor Parcel Number 122-60-083-A

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 9752
  • Wier Estates Subdivision

Building Details

  • Operating Expense $2,012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,012

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Broadway & 32nd Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 436
  • Directions: South to Atlanta, West to Property
  • Road Surface Type: Asphalt
  • Subdivision Name: Wier Estates
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • 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

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 9752
  • Additional Parcels: No
  • Parcel #: 122-60-083-A

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 2012.0

Tax Info

  • Tax Annual Amount: 2012.0
  • Tax Book Number: 122.00
  • Tax Lot: 115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2013
Closed on
Jun 3, 2013
Sold by
Farrell Michael
Bought by
Schachtle Paul
Seller's Agent
Victoria Lopez
HomeSmart
Buyer's Agent
George Akers
Better Homes & Gardens Real Estate SJ Fowler
List Price
$95,000
Sold Price
$95,300
Premium/Discount to List
$300
0.32%
Current Estimated Value
$492,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,149
Avg. Annual Appreciation
13.55%

Purchase Details

Closed on
Feb 26, 2009
Sold by
U S Bank Na
Bought by
Farrell Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2008
Sold by
Nido Buena Ventura
Bought by
U S Bank Na
Source: Public Records

Range of Values:

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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
Schachtle Paul $190,601 Empire West Title Agency
Farrell Michael $55,500 Guaranty Title Agency
U S Bank Na $151,125 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farrell Michael $64,500
Previous Owner Farrell Michael $38,000
Previous Owner Nido Buena Ventura $215,900
Previous Owner Nido Buena Ventura $144,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2013 06/04/13 Sold $95,300 +0.3% $74 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $95,000 -- $74 / 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 $768 $5,229 -- --
2024 $746 $4,980 -- --
2023 $746 $31,100 $6,280 $24,820
2022 $731 $21,340 $4,310 $17,030
2021 $746 $17,560 $3,540 $14,020
2020 $737 $14,250 $2,880 $11,370
2019 $713 $14,170 $2,860 $11,310
2018 $694 $10,570 $2,130 $8,440
2017 $661 $7,380 $1,490 $5,890
2016 $629 $6,450 $1,300 $5,150
2015 $592 $5,560 $1,120 $4,440
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2013

    Victoria Lopez

    HomeSmart

    (602) 206-6068

    4 Total Sales

    Section Image
  • George Akers

    Buyer's Agent in 2013

    George Akers

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 390-4589

    20 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4933593

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-60-083A

Arizona Maricopa County Phoenix 85040 South Mountain

2940 E Atlanta Ave, Phoenix, AZ

This home is located at 2940 E Atlanta Ave, Phoenix, AZ 85040 since 08 May 2013 and is currently estimated at $492,449, approximately $382 per square foot. This property was built in 1984. 2940 E Atlanta Ave 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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