NOT LISTED FOR SALE

3124 E Atlanta Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $645,500

8 Beds
-- Bath
1,058 Sq Ft
$610/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $75,000 $71 Per Sq Ft

Est. 761% increase in value since last sale

Current estimated payment $3,533/month

2 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of April 2013

Both Units of 4 plexes must be sold together - 3126 E Atlanta Ave Phoenix.
Do not disturb tenants!! Drive by Only.all units have new roofs as of dec.2012

Last Agent to Sell the Property

Alex Eremija

ProSmart Realty License #SA521690000 Listed on: 03/08/2013

ProSmart Realty

Last Buyer's Agent

Annette Cheraso

DeLex Realty License #SA037145000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $457

Year Built

  • Built in 1985

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Brooks Academy Elementary And Middle School
  • South Mountain High School

Utilities

  • Evaporated cooling system
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water
  • Tax Lot 110
  • Assessor Parcel Number 122-60-078-A

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 7582
  • Wier Estates Subdivision

Building Details

  • Operating Expense $2,402
  • Gross Income $21,600
  • Net Operating Income $2,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$457

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 24TH ST & BROADWAY
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 2
  • Year Built: 1985
  • Tax Year: 2012
  • Road Surface Type: Private Street
  • Subdivision Name: Wier Estates
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 960.0

Schools

  • Elementary School: Brooks Academy
  • High School: South Mountain High School
  • Middle Or Junior School: Brooks Academy

Lot Info

  • Lot Size: 7582
  • Additional Parcels: Yes
  • Parcel #: 122-60-078-A

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 21600.0
  • Insurance Expense: 985.0
  • Property Net Operating Income: 2912.0
  • Annual Operating Expense: 2401.78

Tax Info

  • Tax Annual Amount: 456.78
  • Tax Book Number: 122.00
  • Tax Lot: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
Mar 12, 2013
Sold by
Milosevic Vlasta and Milosevic Nada
Bought by
Piazza Salvatore and Piazza Elizabeth
Seller's Agent
Alex Eremija
ProSmart Realty
Buyer's Agent
Annette Cheraso
DeLex Realty
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$645,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,500
Avg. Annual Appreciation
18.45%

Purchase Details

Closed on
Apr 4, 1997
Sold by
Milosevic Vlasta
Bought by
Milosevic Vlasta and Milosevic Nada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
11%
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

Date Buyer Sale Price Title Company
Piazza Salvatore $75,000 Clear Title Agency Of Arizon
Plazza Salvatore $75,000 Clear Title Agency Of Arizon
Milosevic Vlasta -- Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Milosevic Vlasta $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2013 04/12/13 Sold $75,000 0.0% $71 / Sq Ft
03/10/2013 03/10/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $75,000 -- $71 / 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 $1,812 $12,019 -- --
2024 $1,715 $11,447 -- --
2023 $1,715 $52,900 $10,580 $42,320
2022 $1,681 $36,380 $7,270 $29,110
2021 $1,715 $29,850 $5,970 $23,880
2020 $1,694 $24,210 $4,840 $19,370
2019 $1,639 $24,160 $4,830 $19,330
2018 $1,595 $18,060 $3,610 $14,450
2017 $1,520 $12,680 $2,530 $10,150
2016 $1,446 $10,960 $2,190 $8,770
2015 $1,361 $9,460 $1,890 $7,570
Source: Public Records

Agents Affiliated with this Home

  • Alex Eremija

    Seller's Agent in 2013

    Alex Eremija

    ProSmart Realty

    (480) 821-4232

    2 in this area

    47 Total Sales

    Alex Eremija
    Section Image
  • Annette Cheraso

    Buyer's Agent in 2013

    Annette Cheraso

    DeLex Realty

    (480) 326-0484

    5 Total Sales

    Annette Cheraso
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4901833

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-60-078C

Arizona Maricopa County Phoenix 85040 South Mountain

3124 E Atlanta Ave, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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