NOT LISTED FOR SALE

3302 W Northern Ave Unit 1-4 Phoenix, AZ 85051

North Mountain Village Neighborhood

Estimated Value: $367,201 - $716,000

-- Bed
4 Baths
-- Sq Ft
9,453 Sq Ft Lot

Last Sold December 20, 2013

Last sale price $161,000

Est. 265% increase in value since last sale

Current estimated payment $3,380/month

53 Days on Market

Highlights

  • Heated Community Pool
  • Ceiling Fan
  • Individual Controls for Heating
  • Cooling Available

About This Home

As of December 2013

Large 4plex with garage parking. All 3 bed units rented at $650 each unit. Short sale approved at 185k.

Last Agent to Sell the Property

Justin Bland

Better Homes & Gardens Real Estate SJ Fowler License #SA529935000 Listed on: 01/23/2013

Last Buyer's Agent

Patrick O'Sullivan

Get Multifamily License #BR634211000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,576

Year Built

  • Built in 1974

Lot Details

  • 9,453

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 3 Open Parking Spaces
  • 9,445 Parking Spaces
  • 9,442 Covered Spaces

Schools

  • Alta Vista Elementary School
  • Glendale High Middle School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping, pool/spa maintenance
  • Tax Lot 5
  • Assessor Parcel Number 150-09-872

Community Details

Overview

  • 4 Units
  • Building Dimensions are 0
  • Northern Lanai Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $11,010
  • Gross Income $29,256
  • Net Operating Income $18,247

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,576

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 35TH AVENUE&NORTHERN
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Year Built: 1974
  • Tax Year: 2011
  • Directions: 35th Ave Northern East to property
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 3120.0
  • Subdivision Name: Northern Lanai
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 9442.0
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 9445.0
  • General Property Description:Covered Parking Spcs: 9442.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 9445.0
  • Garage Details: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes
  • Parking:Auto Door Opener: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual, Electric, Ceiling Fan(s)
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Alta Vista Elementary School
  • Middle Or Junior School: Glendale High School

Lot Info

  • Lot Size: 0
  • Additional Parcels: No
  • Parcel #: 150-09-872

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 240.0
  • Annual Gross Income: 29256.0
  • Insurance Expense: 1034.0
  • Property Net Operating Income: 18247.0
  • Annual Operating Expense: 11010.0
  • Vacancy Allowance Rate: 0.08

Tax Info

  • Tax Annual Amount: 1576.0
  • Tax Book Number: 150.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2016
Sold by
Hitechoils Lllp
Bought by
Pantazis Michael
Current Estimated Value
$587,800

Purchase Details

Listed on
Jan 23, 2013
Closed on
Nov 14, 2013
Sold by
Fernandez Trevor R and Wahyudi Joana
Bought by
Hitechoils Lllp
Seller's Agent
Justin Bland
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Patrick O'Sullivan
Get Multifamily
List Price
$185,000
Sold Price
$161,000
Premium/Discount to List
-$24,000
-12.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%

Purchase Details

Closed on
May 26, 2004
Sold by
Cataldo Paul M and Pence Deanna J
Bought by
Fernandez Trevor and Wahyudi Joana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 1997
Sold by
Laiko Virginia Dooley
Bought by
Cataldo Paul M and Pence Deanna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 1995
Sold by
Va
Bought by
Laiko David Kendrick and Dooley Dorothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,760
Interest Rate
7.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 27, 1995
Sold by
Va and Hale Louise W
Bought by
Va
Source: Public Records

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
Pantazis Michael -- None Available
Hitechoils Lllp $161,000 Lawyers Title Of Arizona Inc
Fernandez Trevor $308,000 Capital Title Agency Inc
Cataldo Paul M $170,000 North American Title Agency
Laiko Virginia Dooley -- North American Title Agency
Laiko David Kendrick -- --
Va -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Trevor $246,400
Previous Owner Cataldo Paul M $150,000
Previous Owner Laiko David Kendrick $128,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $161,000 -13.0% --
03/05/2013 03/05/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $185,000 -- --
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 $2,122 $17,346 -- --
2024 $2,083 $16,520 -- --
2023 $2,083 $42,210 $8,440 $33,770
2022 $2,015 $30,500 $6,100 $24,400
2021 $2,041 $28,950 $5,790 $23,160
2020 $1,990 $27,530 $5,500 $22,030
2019 $1,954 $22,300 $4,460 $17,840
2018 $1,903 $19,980 $3,990 $15,990
2017 $1,893 $17,320 $3,460 $13,860
2016 $1,859 $15,560 $3,110 $12,450
2015 $1,721 $15,810 $3,160 $12,650
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Justin Bland

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image
  • Patrick O'Sullivan

    Buyer's Agent in 2013

    Patrick O'Sullivan

    Get Multifamily

    (602) 842-5050

    3 in this area

    29 Total Sales

    Patrick O'Sullivan
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4879272

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-09-872

Arizona Maricopa County Phoenix 85051 North Mountain Village

3302 W Northern Ave Unit 1-4, Phoenix, AZ

This home is located at 3302 W Northern Ave Unit 1-4, Phoenix, AZ 85051 since 23 January 2013 and is currently estimated at $587,800. This property was built in 1974. 3302 W Northern Ave Unit 1-4 is a home located in Maricopa County with nearby schools including Palo Verde Middle School, Alta Vista Elementary School, and Cortez High School.

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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