NOT LISTED FOR SALE

Estimated Value: $193,000 - $838,000

-- Bed
5 Baths
510 Sq Ft
$885/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $570,000 $1,118 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $2,465/month

59 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • 4-minute walk to Perry Park
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of October 2020

This home is located at 3315 E Cambridge Ave, Phoenix, AZ 85008 since 20 July 2020 and is currently estimated at $451,385, approximately $885 per square foot. This property was built in 1940. 3315 E Cambridge Ave is a home located in Maricopa County with nearby schools including Monte Vista Elementary School, Camelback High School, and Phoenix Coding Academy.

Last Agent to Sell the Property

Luis Espinoza

Gile Commercial Real Estate License #SA663217000 Listed on: 07/20/2020

Co-Listed By

John Tamayo

My Home Group Real Estate License #SA639397000

Last Buyer's Agent

Jennie Miller PLLC

Market Edge Realty, LLC License #BR638404000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $819

Year Built

  • Built in 1940

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Flooring

  • Vinyl Flooring

Parking

  • 12 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 8
  • Assessor Parcel Number 120-04-110-B

Community Details

Overview

  • 6 Buildings
  • 5 Units
  • Building Dimensions are 139 X 132
  • Taber Tract Subdivision

Building Details

  • Operating Expense $819

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$819

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: Thomas and 32nd Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: r
  • Number Of Buildings: 6
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2019
  • Directions: Just south of Thomas 18473 sq ft lot
  • Road Surface Type: Dirt
  • Co List Office Mls Id: cril07
  • Co List Office Phone: 623-986-4200
  • Subdivision Name: TABER TRACT
  • Tax Parcel Letter: B
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Dishwasher, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Siding
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking Features:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Lot Info

  • Lot Size: 139 X 132
  • Additional Parcels: No
  • Parcel #: 120-04-110-B

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 5
  • Annual Operating Expense: 819.0

Tax Info

  • Tax Annual Amount: 819.0
  • Tax Book Number: 120.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Business Intelligence Tech Group Inc
Bought by
Raab Llc
Current Estimated Value
$451,385

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 29, 2020
Sold by
Rena Ventures Llc
Bought by
Business Intelligence Techology Group In
Seller's Agent
Luis Espinoza
Gile Commercial Real Estate
Buyer's Agent
Jennie Miller PLLC
Market Edge Realty, LLC
List Price
$600,000
Sold Price
$570,000
Premium/Discount to List
-$30,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.57%

Purchase Details

Closed on
Oct 17, 2019
Sold by
Benzvi Lior
Bought by
Rena Ventures Llc

Purchase Details

Closed on
Jan 28, 2018
Sold by
Rena Venturess Llc
Bought by
Benzvi Lior

Purchase Details

Listed on
Sep 5, 2016
Closed on
Feb 22, 2017
Sold by
Delgado Mauricio and Delgado Celia
Bought by
Rena Ventures Llc
Seller's Agent
Israel Ramos
Israel, Finley & Ramos Realtor
Buyer's Agent
David Rod
Keller Williams Arizona Realty
List Price
$279,900
Sold Price
$304,900
Premium/Discount to List
$25,000
8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$205,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 1997
Sold by
Walker Harvey B
Bought by
Delgado Mauricio and Delgado Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
8.14%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Raab Llc -- Accommodation
Business Intelligence Techology Group In $570,000 Wfg National Title Ins Co
Rena Ventures Llc -- None Available
Benzvi Lior -- None Available
Rena Ventures Llc $304,900 Driggs Title Agency Inc
Delgado Mauricio $66,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rena Ventures Llc $205,000
Previous Owner Delgado Mauricio $52,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $570,000 -5.0% $1,118 / Sq Ft
09/30/2020 09/30/20 For Sale $600,000 0.0% $1,176 / Sq Ft
09/30/2020 09/30/20 Price Changed $600,000 0.0% $1,176 / Sq Ft
07/20/2020 07/20/20 For Sale $600,000 +96.8% $1,176 / Sq Ft
02/27/2017 02/27/17 Sold $304,900 0.0% $598 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
01/10/2017 01/10/17 Price Changed $304,900 +5.2% $598 / Sq Ft
01/09/2017 01/09/17 Price Changed $289,900 +3.6% $568 / Sq Ft
10/14/2016 10/14/16 For Sale $279,900 0.0% $549 / Sq Ft
10/14/2016 10/14/16 Price Changed $279,900 0.0% $549 / Sq Ft
09/05/2016 09/05/16 For Sale $279,900 -- $549 / 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 $869 $6,683 -- --
2024 $859 $6,365 -- --
2023 $859 $29,910 $5,980 $23,930
2022 $825 $21,110 $4,220 $16,890
2021 $845 $17,300 $3,460 $13,840
2020 $825 $13,880 $2,770 $11,110
2019 $819 $12,020 $2,400 $9,620
2018 $802 $10,210 $2,040 $8,170
2017 $771 $9,600 $1,920 $7,680
2016 $741 $7,710 $1,540 $6,170
2015 $690 $6,260 $1,250 $5,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6105776

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-04-110B