NOT LISTED FOR SALE

Estimated Value: $426,000 - $502,575

3 Beds
2 Baths
1,369 Sq Ft
$342/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $415,000 $303 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,738/month

15 Days on Market

Highlights

  • Guest House
  • No HOA
  • Refrigerated Cooling System
  • Phoenix Coding Academy Rated A
  • Double Pane Windows
  • Ceiling Fan

About This Home

As of March 2021

This absolutely charming, totally renovated 2 bdrm, 1 bath bungalow featuring a detached rear guest studio is centrally located on a corner lot in one of Phoenix's hottest areas. Tenants are in place in both homes on a mo-mo basis, with rear home paying $550 and front home $1,200. This home is the perfect opportunity for an investor who can benefit from excellent tenants and income while appreciating the value in the current upward market. Also ideal for a first-time homebuyer, small family, retiree, or winter (secondary) home. Live in one home and rent the other, or combine both as a 3 bdrm 2 bath. This is maintenance free living with no HOA....which is ideal for VRBO or AirBnB. The homes are on separate electric meters, however share City of Phoenix services. Bonus 2-car carport f for front and rear cars. The corner lot allows the potential for an additional garage or soft add on. Great price in today's market. SEE BELOW FOR SHOWING INSTR.

Last Listed By

Inge Oliverio

HomeSmart License #SA027184000 Listed on: 01/28/2021

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 1955

Lot Details

  • 7,154 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,369 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Additional Homes

  • Guest House

Schools

  • Loma Linda Elementary School
  • Camelback High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Olive Manors Lots 28 50, 79 88 Subdivision

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 119-23-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,234

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 22nd Street and Osborn
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2019
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1955
  • Tax Year: 2020
  • Directions: From Osborn South on 22nd Street to property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: cril01
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: OLIVE MANORS LOTS 28-50, 79-88
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1369.0
  • Stories: 1
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Other Structures: Guest House
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Loma Linda Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Loma Linda Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7154.0
  • Parcel #: 119-23-055
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1234.0
  • Tax Book Number: 119.00
  • Tax Lot: 78
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2023
Sold by
Dalessandro Bonnie L
Bought by
Dalessandro Robert W
Total Days on Market
15
Current Estimated Value
$468,144

Purchase Details

Closed on
May 9, 2022
Sold by
Dalessandro Robert W
Bought by
Dalessandro Bonnie L

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 26, 2021
Sold by
Nichols Celeste R
Bought by
Dalessandro Robert W
Seller's Agent
Inge Oliverio
HomeSmart
Buyer's Agent
Inge Oliverio
HomeSmart
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$332,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2021
Closed on
Feb 18, 2021
Sold by
Perillo Julie K
Bought by
Dalessandro Robert W
Seller's Agent
Inge Oliverio
HomeSmart
Buyer's Agent
Inge Oliverio
HomeSmart
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2014
Sold by
Nichols Celeste R and Hollifield Jeffrey A
Bought by
Nichols Celeste R

Purchase Details

Closed on
Feb 14, 2013
Sold by
Celholli Real Estates Development Llc
Bought by
Nichols Celeste R and Hollifield Jeffrey A

Purchase Details

Closed on
Jan 29, 2007
Sold by
Nichols Celeste and Hollifield Jeff
Bought by
Celholli Real Estate Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2004
Sold by
Hollifield Jeffrey and Nichols Celeste
Bought by
Celholli Real Estate Development Llc

Purchase Details

Closed on
May 24, 2000
Sold by
Anderson Donald E and Anderson Beatriz M
Bought by
Hollifield Jeff and Nichols Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
8.15%
Mortgage Type
Seller Take Back

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
Dalessandro Robert W -- None Listed On Document
Dalessandro Bonnie L -- --
Dalessandro Robert W $415,000 Chicago Title Agency
Dalessandro Robert W -- Chicago Title Agency
Nichols Celeste R -- None Available
Nichols Celeste R -- Pioneer Title Agency Inc
Celholli Real Estate Development Llc -- Great Amer Title Agency Inc
Hollifield Jeff -- Great American Title Agency
Celholli Real Estate Development Llc -- --
Hollifield Jeff $100,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dalessandro Robert W $332,000
Previous Owner Nichols Celeste R $143,615
Previous Owner Hollifield Jeff $154,000
Previous Owner Hollifield Jeff $92,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $415,000 +4.0% $303 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $399,000 -- $291 / 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 $1,401 $10,775 -- --
2024 $1,280 $10,262 -- --
2023 $1,280 $33,400 $6,680 $26,720
2022 $1,227 $24,610 $4,920 $19,690
2021 $1,267 $21,710 $4,340 $17,370
2020 $1,234 $19,560 $3,910 $15,650
2019 $1,227 $17,430 $3,480 $13,950
2018 $1,201 $15,770 $3,150 $12,620
2017 $1,153 $14,100 $2,820 $11,280
2016 $1,106 $11,460 $2,290 $9,170
2015 $1,031 $10,360 $2,070 $8,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6186712

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-23-055