D
Seller's Agent in 2025
Daniel Papin
Realty One Group
3301 W Harmont Dr Phoenix, AZ 85051
North Mountain Village Neighborhood
--
Bed
--
Bath
900
Sq Ft
8,756
Sq Ft Lot
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating Available
About This Home
As of March 2025Looking for a solid cash-flowing asset in Phoenix? This 4-plex is a must-see! Currently generating $4,000 per month in gross rental income from three fully-occupied units, this property offers a fantastic opportunity for investors looking to maximize returns.
But that's not all - there's huge potential for value-add! The fourth unit is available for house hacking, either by living in it yourself or renting it out for even more income. With the possibility of grossing $5,700 per month once the fourth unit is rented, this property is primed for cash flow expansion.
Last Agent to Sell the Property
Daniel Papin
Realty ONE Group License #SA684875000 Listed on: 01/09/2025
Co-Listed By
Harry Lockwood-Taylor
Realty ONE Group License #SA700702000
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,223
Year Built
- Built in 1974
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Ceramic Tile
- Vinyl
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- 4 Covered Spaces
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 14
- Assessor Parcel Number 150-09-881
Community Details
Overview
- 4 Units
- Building Dimensions are 8,760 sq ft
- Northern Lanai Unit 1 Subdivision
Building Details
- Operating Expense $3,783
- Gross Income $68,400
- Net Operating Income $64,617
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2025
Closed on
Mar 5, 2025
Sold by
Lee Investments Group Llc
Bought by
Cheryl T Pesci Trust and Pesci
Seller's Agent
Daniel Papin
Realty ONE Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$879,000
Sold Price
$858,500
Premium/Discount to List
-$20,500
-2.33%
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
-$20,578
Avg. Annual Appreciation
-2.58%
Purchase Details
Closed on
Jan 29, 2021
Sold by
Lee Shayar
Bought by
Lee Investments Group Llc
Purchase Details
Closed on
Nov 19, 2020
Sold by
Gupta Aishvarya
Bought by
Lee Shayar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,166
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2020
Sold by
Shah Aneri
Bought by
Gupta Aishvarya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,416
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2017
Sold by
Krause Carroll Kenneth
Bought by
Valles Hakeem
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,055
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 2, 2010
Sold by
Aurora Loan Services Llc
Bought by
Krause Carroll Kenneth
Purchase Details
Closed on
Apr 14, 2010
Sold by
Reyes Edward and Reyes Ana R
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Sep 26, 2005
Sold by
Kahn James M and Littlewood Jill A
Bought by
Reyes Edward and Reyes Ana R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 23, 2004
Sold by
Kahn James M
Bought by
Kahn James M and Littlewood Jill A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 3, 2004
Sold by
Kando Hirmiz and Kando Linda
Bought by
Kahn James M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 7, 2001
Sold by
Springer Susan A and Michelson Maureen M
Bought by
Kando Hirmiz and Kando Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 29, 1999
Sold by
Boyce Daniel J
Bought by
Springer Susan A and Michelson Maureen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.87%
Mortgage Type
New Conventional
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 | $858,500 | Wfg National Title Insurance C | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | $510,888 | Old Republic Title | |
| Deed | -- | Old Republic Title Agency | |
| Warranty Deed | $321,888 | Old Republic Title Agency | |
| Warranty Deed | -- | Grand Canyon Title Agency | |
| Cash Sale Deed | $121,000 | Security Title Agency | |
| Trustee Deed | $270,423 | Accommodation | |
| Warranty Deed | $375,000 | -- | |
| Interfamily Deed Transfer | -- | Fidelity Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Warranty Deed | $275,000 | Fidelity National Title | |
| Warranty Deed | $207,000 | Stewart Title & Trust | |
| Warranty Deed | $188,000 | Ati Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $383,166 | New Conventional | |
| Previous Owner | $241,416 | New Conventional | |
| Previous Owner | $259,055 | FHA | |
| Previous Owner | $262,500 | Purchase Money Mortgage | |
| Previous Owner | $216,000 | Purchase Money Mortgage | |
| Previous Owner | $216,000 | Purchase Money Mortgage | |
| Previous Owner | $165,000 | New Conventional | |
| Previous Owner | $144,000 | New Conventional | |
| Closed | $37,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2025 03/05/25 | Sold | $858,500 | -2.3% | $954 / Sq Ft |
| 01/31/2025 01/31/25 | Pending | -- | -- | -- |
| 01/09/2025 01/09/25 | For Sale | $879,000 | 0.0% | $977 / Sq Ft |
| 10/08/2024 10/08/24 | Off Market | $1,350 | -- | -- |
| 09/17/2024 09/17/24 | Price Changed | $1,350 | +3.8% | $2 / Sq Ft |
| 09/04/2024 09/04/24 | For Rent | $1,300 | -7.1% | -- |
| 09/04/2024 09/04/24 | For Rent | $1,400 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $2,310 | $18,174 | -- | -- |
| 2024 | $2,182 | $17,309 | -- | -- |
| 2023 | $2,182 | $42,920 | $8,580 | $34,340 |
| 2022 | $2,111 | $31,020 | $6,200 | $24,820 |
| 2021 | $2,138 | $29,370 | $5,870 | $23,500 |
| 2020 | $2,085 | $27,950 | $5,590 | $22,360 |
| 2019 | $2,047 | $23,180 | $4,630 | $18,550 |
| 2018 | $1,993 | $21,070 | $4,210 | $16,860 |
| 2017 | $1,983 | $18,280 | $3,650 | $14,630 |
| 2016 | $1,947 | $16,370 | $3,270 | $13,100 |
| 2015 | $1,803 | $16,420 | $3,280 | $13,140 |
Source: Public Records
Agents Affiliated with this Home
-
-
H
Seller Co-Listing Agent in 2025
Harry Lockwood-Taylor
Realty One Group
-
N
Buyer's Agent in 2025
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6802584
APN: 150-09-881
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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