NOT LISTED FOR SALE

2945 N 38th St Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $575,000 - $1,031,000

6 Beds
5 Baths
2,856 Sq Ft
$285/Sq Ft Est. Value

Last Sold September 20, 2021

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

Est. 26% increase in value since last sale

Current estimated payment $4,486/month

Highlights

  • 0.46 Acre Lot
  • No HOA
  • Partially Fenced Property
  • Phoenix Coding Academy Rated A
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

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

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,894

Year Built

  • Built in 1945

Lot Details

  • 0.46 Acre Lot
  • Partially Fenced Property

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,856 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,894

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: 38th St. & Thomas Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1945
  • Tax Year: 2020
  • Directions: From Thomas Rd, turn North onto 38th St. Property will be on the Right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.46
  • Subdivision Name: CITRUS ACRES LOTS 21 THRU 60
  • Property Attached Yn: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 7
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 2856.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes

Exterior Features

  • Fencing: Partial
  • Lot Features: Dirt Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Utilities

  • Cooling: Window/Wall Unit
  • Heating: Electric, Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

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 Book Number: 127.00
  • Tax Lot: 85
  • Tax Map Number: 21.00

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
$814,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,822
Avg. Annual Appreciation
5.82%

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

Range of Values:

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Average Value
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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
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 Change Sq Ft Price
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 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 $1,996 $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

    9 in this area

    262 Total Sales

    Karl Tunberg
    Section Image
  • Cameron Miller

    Buyer's Agent in 2021

    Cameron Miller

    West USA Realty

    (602) 649-6085

    6 in this area

    9 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

This home is located at 2945 N 38th St, Phoenix, AZ 85018 since 27 August 2021 and is currently estimated at $814,822, approximately $285 per square foot. This property was built in 1945. 2945 N 38th 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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