NOT LISTED FOR SALE

3040 W Polk St Phoenix, AZ 85009

Estrella Village Neighborhood

Estimated Value: $280,000 - $398,000

7 Beds
4 Baths
3,672 Sq Ft
$96/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2012

Last sale price $45,000 $12 Per Sq Ft

Est. 683% increase in value since last sale

Current estimated payment $2,034 / mo

20 Days on Market

Highlights

  • Cooling Available
  • Painted or Stained Flooring
  • Washer and Dryer
  • Phoenix Coding Academy Rated A

About This Home

As of April 2012

Great cash flow potential on this income property! Threee separate homes on one lot as follows: 1 - 1 bdrm home, 1- 2 bdrm home and 1 - 4 bdrm home. Please note buildings were constructed in different years. (1950,1951 and 1964)and Seller does not have available numbers for expenses. Property needs some TLC. Do not disturb tenants. Drive by only.

Last Agent to Sell the Property

Carol Wedepohl

Heritage Success Realty LLC License #BR024485000 Listed on: 03/20/2012

Last Buyer's Agent

Isaac Nieblas

InHouseVIP License #BR512895000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.31

Parking

  • Over 1 Space Per Unit

Home Design

  • Composition Shingle Roof
  • Siding
  • Stucco

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Concrete
  • Ceramic Tile

Laundry

  • Washer and Dryer

Schools

  • Acacia Elementary School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • $1,888 per year Dock Fee
  • 3 Units
  • Building Dimensions are 0 x 0

Listing and Financial Details

  • Tenant pays for cable TV, electric, gas, landscaping
  • The owner pays for sewer, trash collection, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0.31 Acres

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: BI Oven/Range, Disposal, Refrigerator, W/D Hookup, Washer/Dryer
  • Construction Finish: Painted, Siding, Stucco
  • Cross Street: 31st Ave and Van Buren
  • Environmental: Super Fund/WQARF/DOD
  • Floors: Carpet, Ceramic Tile, Concrete
  • Legal Info Lot Number: 1
  • Legal Info Range: 2E
  • Legal Info Section: 2
  • Legal Info Township: 1N
  • Other Type: House + Rental Units
  • Roads Streets: Asphalt
  • Property Type: F
  • Hundred Block: 400
  • Legal Description Abbrev: Willow Add
  • Marketing Name: Willow Addition
  • Ownership: Fee Simple
  • Map Code Grid: Q33
  • Year Built: 1950
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Amenities: Desert Landscaping, Fenced
  • Roofing: Comp Shingle

Garage/Parking

  • Parking: >1 Space Per Unit

Utilities

  • Water: Master Meter
  • Electric: APS
  • Gas: SW Gas
  • Cooling: Electric
  • Heating: Heat Pump

Condo/Co-op/Association

  • Community Amenities: No Pool

Schools

  • Elementary School: Acacia Elementary School

Lot Info

  • Lot Size: 0 x 0

Multi Family

  • Four Bedroom Units Avg Rent: 700.00
  • Four Bedroom Units Avg Sq Ft: 1126
  • Four Bedroom Units Baths: 2
  • Income And Expenses Operating Exp: 1888.00
  • Number Of Four Bedroom Units: 1
  • Number Of One Bedroom Units: 1
  • Number Of Two Bedroom Units: 1
  • One Bedroom Units Avg Rent: 450.00
  • One Bedroom Units Avg Sq Ft: 552
  • One Bedroom Units Baths: 1
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electric, Gas, Landscaping
  • Total Numberof Buildings: 3
  • Total Numberof Units: 3.00
  • Two Bedroom Units Avg Rent: 600.00
  • Two Bedroom Units Avg Sq Ft: 868
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 1888.00

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
Mar 20, 2012
Closed on
Apr 18, 2012
Sold by
Bought by
Seller's Agent
Carol Wedepohl
Heritage Success Realty LLC
Buyer's Agent
Isaac Nieblas
InHouseVIP
List Price
$35,000
Sold Price
$45,000
Premium/Discount to List
$10,000
28.57%
Current Estimated Value
$352,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,153
Avg. Annual Appreciation
15.52%

Purchase Details

Closed on
Jan 15, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 2006
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
$121,000
Interest Rate
0.0657%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 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
$114,400
Interest Rate
0.0625%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 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
$56,250
Interest Rate
0.0576%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$45,000 Fidelity National Title Agen
-- None Available
-- First American Title Ins Co
$85,000 First American Title Ins Co
-- First American Title Ins Co
$47,000 Lawyers Title Of Arizona Inc
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
Previous Owner $121,000
Previous Owner $114,400
Previous Owner $56,250
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
04/24/2012 04/24/12 Sold $45,000 +28.6% $12 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $35,000 -- $10 / 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 $1,385 $8,524
2024 $1,362 $8,118
2023 $1,362 $25,250 $5,050 $20,200
2022 $1,299 $19,480 $3,890 $15,590
2021 $1,295 $15,410 $3,080 $12,330
2020 $1,271 $14,330 $2,860 $11,470
2019 $1,249 $12,460 $2,490 $9,970
2018 $1,251 $11,580 $2,310 $9,270
2017 $1,244 $8,810 $1,760 $7,050
2016 $1,204 $7,230 $1,440 $5,790
2015 $838 $6,310 $1,260 $5,050
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Carol Wedepohl

    Heritage Success Realty LLC

    (602) 930-5954

    6 Total Sales

    Carol Wedepohl
    Section Image
  • Isaac Nieblas

    Buyer's Agent in 2012

    Isaac Nieblas

    InHouseVIP

    (602) 403-2222

    1 in this area

    33 Total Sales

    Isaac Nieblas
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4732426

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-26-035

Arizona Maricopa County Phoenix 85009 Estrella Village

3040 W Polk 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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