J
Seller's Agent in 2023
Jared English
Congress Realty, Inc.
(888) 881-4118
15 in this area
3,319 Total Sales
2957 E Atlanta Ave Phoenix, AZ 85040
South Mountain Neighborhood
--
Bed
--
Bath
2,112
Sq Ft
1985
Built
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating unit installed on the ceiling
- Phoenix Coding Academy Rated A
About This Home
As of September 2023A great multifamily property. Priced to sell. All units are occupied. All units are 2 bedrooms, 1 bath, nice size units, 724 sf each.
Last Agent to Sell the Property
Congress Realty, Inc. Brokerage Phone: 888-881-4118 License #BR569813000 Listed on: 06/27/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $719
Year Built
- Built in 1985
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Paved Parking
Schools
- Roosevelt Elementary School
Utilities
- Central Air
- Heating unit installed on the ceiling
Listing and Financial Details
- The owner pays for water, sewer, landscaping
- Tax Lot 140
- Assessor Parcel Number 122-60-088-B
Community Details
Overview
- 3 Units
- Building Dimensions are Wier Estates
- Wier Estates Lots 11 32, 53 74 Subdivision
Building Details
- Operating Expense $10,528
- Gross Income $39,480
- Net Operating Income $27,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2023
Closed on
Sep 6, 2023
Sold by
Stardom Portfolio 1 Llc
Bought by
Lge Oluwadamilola J and Jekel Elizabeth
Seller's Agent
Jared English
Congress Realty, Inc.
Buyer's Agent
Barbara Hoffman
DeLex Realty
List Price
$529,000
Sold Price
$485,000
Premium/Discount to List
-$44,000
-8.32%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,186
Avg. Annual Appreciation
5.76%
Original Mortgage
$476,215
Outstanding Balance
$467,011
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$76,060
Purchase Details
Closed on
Aug 1, 2015
Sold by
Stardom Portfolio Llc
Bought by
Stardom Portfolio 1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,500,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 2, 2012
Sold by
Rivera Juan Carlos and Rivera Araceli
Bought by
Stardom Homes Llc
Purchase Details
Closed on
Apr 18, 2006
Sold by
Valadez Jaime and Valadez Guillermina
Bought by
Rivera Juan Carlos and Rivera Araceli
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 6, 2006
Sold by
Estrada Luz Maria
Bought by
Valadez Jaime and Valadez Guillermina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Interest Rate
6.25%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 8, 2004
Sold by
Cordova Jose A
Bought by
Estrada Luz Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
7.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 6, 2004
Sold by
Arreola Ramon
Bought by
Cordova Jose A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
7.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 1996
Sold by
Arreola Raul R and Arreola Ramona
Bought by
Arreola Ramon
Purchase Details
Closed on
Jul 3, 1995
Sold by
Stanchart Mtg Company
Bought by
Arreola Raul R and Arreola Ramona
Purchase Details
Closed on
Mar 9, 1995
Sold by
Federal National Mortgage Association
Bought by
Stanchart Mtg Company
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $485,000 | Great American Title Agency | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Trustee Deed | $46,000 | None Available | |
| Warranty Deed | $205,000 | Lawyers Title Insurance Corp | |
| Warranty Deed | $169,900 | North American Title Co | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $122,000 | Grand Canyon Title Agency In | |
| Interfamily Deed Transfer | -- | Fiesta Title & Escrow Agency | |
| Warranty Deed | $20,000 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $476,215 | FHA | |
| Previous Owner | $9,500,000 | Purchase Money Mortgage | |
| Previous Owner | $10,250 | Stand Alone Second | |
| Previous Owner | $153,750 | Purchase Money Mortgage | |
| Previous Owner | $49,900 | Seller Take Back | |
| Previous Owner | $115,900 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2023 09/06/23 | Sold | $485,000 | -8.3% | $230 / Sq Ft |
| 08/26/2023 08/26/23 | Price Changed | $529,000 | 0.0% | $250 / Sq Ft |
| 08/01/2023 08/01/23 | Pending | -- | -- | -- |
| 06/27/2023 06/27/23 | For Sale | $529,000 | -- | $250 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $755 | $5,144 | -- | -- |
| 2024 | $734 | $4,899 | -- | -- |
| 2023 | $734 | $30,620 | $6,120 | $24,500 |
| 2022 | $719 | $21,500 | $4,300 | $17,200 |
| 2021 | $734 | $17,710 | $3,540 | $14,170 |
| 2020 | $725 | $14,370 | $2,870 | $11,500 |
| 2019 | $702 | $14,200 | $2,840 | $11,360 |
| 2018 | $683 | $10,420 | $2,080 | $8,340 |
| 2017 | $651 | $7,630 | $1,520 | $6,110 |
| 2016 | $619 | $6,480 | $1,290 | $5,190 |
| 2015 | $583 | $5,510 | $1,100 | $4,410 |
Source: Public Records
Agents Affiliated with this Home
-
Jared English
-
Barbara Hoffman
Buyer's Agent in 2023
Barbara Hoffman
DeLex Realty
(480) 543-9424
2 in this area
2 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6573656
APN: 122-60-088B
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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