NOT LISTED FOR SALE

2945 N 38th St Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $723,000 - $889,000

6 Beds
5 Baths
2,856 Sq Ft
$283/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2021

Last sale price $649,000 $227 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,451 / mo

Highlights

  • 0.46 Acre Lot
  • No HOA
  • Family or Dining Combination
  • Phoenix Coding Academy Rated A
  • Cooling System Mounted To A Wall/Window
  • Partially Fenced Property

About This Home

As of September 2021

GREAT INVESTMENT OPPORTUNITY IN ARCADIA LITE! Multi-family home 4-unit property! Perfect for a Developer/Builder or someone wanting to build their dream home in one of the hottest neighborhoods in Phoenix! Can build 2-3 homes w/ yards on this parcel or up to 5-6 townhomes. LOTS of room to build upwards (3-story units). Could even live in one of the units and rent out the other three for income properties! **CURRENT: House is being rented for $1150/mo, Cottage/Guest $600/mo, Duplex (2 units) $550/mo ea ($1100 total). TOTAL monthly income $2850. All tenants are current on rent and on month to month leases.

Last Agent to Sell the Property

Karl Tunberg

eXp Realty License #BR014015000 Listed on: 08/27/2021

Last Buyer's Agent

Cameron Miller

West USA Realty License #SA664768000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,894

Year Built

  • Built in 1945

Lot Details

  • 20,234 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,856 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Washer and Gas Dryer Hookup

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 5 Bathrooms

Schools

  • Monte Vista Elementary School
  • Camelback High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Citrus Acres Lots 21 Thru 60 Subdivision

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number 127-21-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,894

Year Built

Built in 1945

Lot Details

0.46 Acres

Listing Details

  • Cross Street: 38th St. & Thomas Rd
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1945
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.46
  • Subdivision Name: CITRUS ACRES LOTS 21 THRU 60
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 227.24
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Oven, Gas Range
  • Total Bedrooms: 6
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 2856.0
  • Stories: 1

Exterior Features

  • Fencing: Partial
  • Lot Features: Dirt Front
  • Pool Private: No
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Wood Frame, Painted
  • Roof: Composition

Utilities

  • Cooling: Window/Wall Unit
  • Heating: Electric, Natural Gas
  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20234.0
  • Parcel #: 127-21-012

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 1894.0
  • Tax Lot: 85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Sep 17, 2021
Sold by
Palmer Reed and Dressler James
Bought by
38Th & Thomas Llc
Seller's Agent
Karl Tunberg
eXp Realty
Buyer's Agent
Cameron Miller
West USA Realty
List Price
$649,000
Sold Price
$649,000
Current Estimated Value
$806,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,902
Avg. Annual Appreciation
4.83%

Purchase Details

Closed on
Mar 27, 2017
Sold by
Dressler Donald R and Dressler Rosalie
Bought by
Palmer Reed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 9, 1996
Sold by
Olslund David P and Olslund Mary E
Bought by
Dressler Donald R and Dressler Rosalie
Source: Public Records
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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
38Th & Thomas Llc $624,000 Valleywide Title Agency Llc
Palmer Reed -- Valleywide Title Agency Llc
Palmer Reed $150,000 Chicago Title
Dressler Donald R $87,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer Reed $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $649,000 0.0% $227 / Sq Ft
08/27/2021 08/27/21 For Sale $649,000 -- $227 / 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 $2,073 $15,350 -- --
2024 $1,973 $14,619 -- --
2023 $1,973 $56,930 $11,380 $45,550
2022 $1,895 $39,220 $7,840 $31,380
2021 $1,941 $35,780 $7,150 $28,630
2020 $1,894 $29,730 $5,940 $23,790
2019 $1,881 $25,150 $5,030 $20,120
2018 $1,842 $24,550 $4,910 $19,640
2017 $1,771 $20,420 $4,080 $16,340
2016 $1,702 $16,720 $3,340 $13,380
2015 $1,584 $14,110 $2,820 $11,290
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Karl Tunberg

    eXp Realty

    (480) 369-5130

    4 in this area

    191 Total Sales

    Karl Tunberg
    Section Image
  • Cameron Miller

    Buyer's Agent in 2021

    Cameron Miller

    West USA Realty

    (847) 809-2347

    7 in this area

    10 Total Sales

    Cameron Miller
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6285433

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-21-012

Arizona Maricopa County Phoenix 85018 Camelback East Village

2945 N 38th St, Phoenix, AZ

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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