A
Seller's Agent in 2023
Andrew Smith
Elite Partners
303 E Ludlow Dr Avondale, AZ 85323
Old Town NeighborhoodEstimated Value: $661,000 - $719,000
Studio
4
Baths
854
Sq Ft
$817/Sq Ft
Est. Value
Highlights
- Cooling Available
- Heating Available
- 4-minute walk to Fred Campbell Park
- Ceiling Fan
About This Home
As of December 2023Located at 303 E Ludlow Dr, Avondale, AZ, this investment opportunity consists of four well maintained, two-bedroom, one-bathroom units constructed in 1982. Situated in a convenient and desirable area, these units offer an attractive prospect for real estate investors seeking steady rental income and potential appreciation. The neighborhood surrounding 303 E Ludlow Dr is known for its accessibility to various amenities, schools, and recreational options. Avondale, a thriving suburban community in the Phoenix metropolitan area, offers a vibrant blend of urban conveniences and suburban tranquility. With proximity to major roadways, shopping centers, and parks, this location is appealing to renters seeking convenience and quality of life.
Last Agent to Sell the Property
Andrew Smith
Elite Partners License #SA700745000 Listed on: 11/21/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,699
Year Built
- Built in 1982
Interior Spaces
- Ceiling Fan
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Over 1 Space Per Unit
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 10
- Assessor Parcel Number 500-18-456
Community Details
Overview
- 4 Units
- Building Dimensions are 80x160
- Casa Lomas Unit 1 Amd Subdivision
Building Details
- Operating Expense $14,061
- Gross Income $62,667
- Net Operating Income $50,305
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 21, 2023
Closed on
Dec 13, 2023
Sold by
Bought by
Seller's Agent
Andrew Smith
Elite Partners
Buyer's Agent
Monica Coker
HomeSmart
List Price
$740,000
Sold Price
$730,000
Premium/Discount to List
-$10,000
-1.35%
Views
8
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
-$32,254
Avg. Annual Appreciation
-1.75%
Original Mortgage
$438,000
Interest Rate
0.0776%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 7, 2016
Closed on
Sep 14, 2017
Sold by
Bought by
Seller's Agent
Ed Floren
My Home Group Real Estate
Buyer's Agent
Melanie Volland
West USA Realty
List Price
$249,000
Sold Price
$255,000
Premium/Discount to List
$6,000
2.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.36%
Original Mortgage
$263,415
Interest Rate
0.039%
Mortgage Type
VA
Purchase Details
Listed on
Nov 7, 2016
Closed on
Aug 14, 2017
Sold by
Bought by
Seller's Agent
Ed Floren
My Home Group Real Estate
Buyer's Agent
Melanie Volland
West USA Realty
List Price
$249,000
Sold Price
$255,000
Premium/Discount to List
$6,000
2.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,415
Interest Rate
0.039%
Mortgage Type
VA
Purchase Details
Closed on
Jun 16, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
0.0637%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 26, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
0.0637%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 25, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0557%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 20, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0557%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 2, 1999
Sold by
Bought by
Purchase Details
Closed on
Dec 7, 1994
Sold by
Bought by
Purchase Details
Closed on
Oct 4, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $730,000 | Pioneer Title Services | ||
| -- | None Listed On Document | ||
| $255,000 | First American Title Insuran | ||
| -- | First American Title Insuran | ||
| $355,000 | Capital Title Agency Inc | ||
| -- | -- | ||
| $175,000 | Capital Title Agency Inc | ||
| $250,000 | Capital Title Agency Inc | ||
| $114,000 | Capital Title Agency | ||
| -- | Capital Title Agency Inc | ||
| -- | Security Title Agency |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $438,000 | ||
| Previous Owner | $461,934 | ||
| Previous Owner | $263,415 | ||
| Previous Owner | $233,000 | ||
| Previous Owner | $200,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/02/2026 01/02/26 | Off Market | $730,000 | -- | -- | |
| 12/20/2023 12/20/23 | Sold | $730,000 | -1.4% | $855 / Sq Ft | |
| 11/21/2023 11/21/23 | For Sale | $740,000 | +190.2% | $867 / Sq Ft | |
| 09/26/2017 09/26/17 | Sold | $255,000 | +2.4% | $299 / Sq Ft | View Prior Sale |
| 08/14/2017 08/14/17 | Pending | -- | -- | -- | |
| 07/18/2017 07/18/17 | For Sale | $249,000 | 0.0% | $292 / Sq Ft | |
| 06/30/2017 06/30/17 | Pending | -- | -- | -- | |
| 06/13/2017 06/13/17 | Price Changed | $249,000 | -3.3% | $292 / Sq Ft | |
| 03/29/2017 03/29/17 | Price Changed | $257,500 | -6.3% | $302 / Sq Ft | |
| 11/07/2016 11/07/16 | For Sale | $274,900 | -- | $322 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,845 | $16,394 | ||
| 2024 | $1,699 | $15,613 | ||
| 2023 | $1,699 | $57,220 | $11,440 | $45,780 |
| 2022 | $1,637 | $34,250 | $6,850 | $27,400 |
| 2021 | $1,727 | $28,120 | $5,620 | $22,500 |
| 2020 | $1,673 | $21,770 | $4,350 | $17,420 |
| 2019 | $1,663 | $20,030 | $4,000 | $16,030 |
Source: Public Records
Agents Affiliated with this Home
-
-
Monica Coker
Buyer's Agent in 2023
Monica Coker
HomeSmart
(480) 280-9425
1 in this area
97 Total Sales
-
E
Seller's Agent in 2017
Ed Floren
My Home Group Real Estate
-
M
Buyer's Agent in 2017
Melanie Volland
West USA Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6633095
APN: 500-18-456
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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