NOT LISTED FOR SALE

3338 N 16th Ave Phoenix, AZ 85015

North Encanto Neighborhood

Estimated Value: $531,000 - $924,303

6 Beds
3 Baths
2,396 Sq Ft
$335/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $248,000 $104 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $4,383/month

4 Days on Market

Highlights

  • Evaporated cooling system
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of June 2018

Great investment triplex property. This is a fixer upper with 3 units that all have 2 bedrooms & 1 bath with carport parking. Great location minutes from freeways, schools, light rail, downtown and airport. Utilities are individually metered. This is a very popular rental area.

Last Agent to Sell the Property

Ed Venezia

RE/MAX Fine Properties License #BR116708000 Listed on: 05/31/2018

RE/MAX Fine Properties

Co-Listed By

Alan Levanson

Berkshire Hathaway HomeServices Arizona Properties License #SA044061000

Last Buyer's Agent

Chad Barber

Fenix CRE License #BR646108000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1948

Lot Details

  • 7,710

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Phoenix Union - Wilson College Preparatory High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 20
  • Assessor Parcel Number 110-27-020

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR
  • College Homes Subdivision

Building Details

  • Operating Expense $1,152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,152

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: 16 AVE & OSBORN
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1948
  • Tax Year: 2016
  • Directions: Go on block south on 16th Ave. Home is on the northwest corner of 16th Ave & Mulberry.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: praz04
  • Co List Office Phone: 480-505-6300
  • Subdivision Name: COLLEGE HOMES
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Brick
  • Roof: See Remarks, Composition

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes
  • Parking:Attached: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Evaporative Cooling, Ceiling Fan(s)
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Encanto School
  • High School: Phoenix Union - Wilson College Preparatory
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 110-27-020

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Operating Expense: 1152.0

Tax Info

  • Tax Annual Amount: 1152.0
  • Tax Book Number: 110.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2019
Sold by
Estelle Properties Llc
Bought by
Blair Management Holdings Llc
Current Estimated Value
$803,576

Purchase Details

Listed on
May 31, 2018
Closed on
Jun 5, 2018
Sold by
Henrich Steven Anthony and Tjiong Lia A
Bought by
Estelle Properties Llc
Seller's Agent
Ed Venezia
RE/MAX Fine Properties
Buyer's Agent
Chad Barber
Fenix CRE
List Price
$240,000
Sold Price
$248,000
Premium/Discount to List
$8,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.42%
Original Mortgage
$385,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2005
Sold by
Young Charles A
Bought by
Henrich Steven Anthony and Tjiong Lia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2003
Sold by
Oleskow James J
Bought by
Young Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1998
Sold by
Fleming Mark S
Bought by
Fleming Mark S and Reardon Margaret
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
Blair Management Holdings Llc $615,000 Pioneer Title Agency Inc
Estelle Properties Llc $248,000 First American Title Insuran
Henrich Steven Anthony $260,000 Ticor Title Agency Of Az Inc
Young Charles A $155,000 Chicago Title Insurance Co
Fleming Mark S -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estelle Properties Llc $385,000
Previous Owner Henrich Steven Anthony $200,000
Previous Owner Young Charles A $147,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $248,000 +3.3% $104 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $240,000 -- $100 / 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 $1,476 $11,763 -- --
2024 $1,426 $11,203 -- --
2023 $1,426 $53,960 $10,790 $43,170
2022 $1,418 $34,480 $6,890 $27,590
2021 $1,442 $24,860 $4,970 $19,890
2020 $1,406 $24,250 $4,850 $19,400
2019 $1,345 $19,260 $3,850 $15,410
2018 $1,300 $18,560 $3,710 $14,850
2017 $1,194 $14,020 $2,800 $11,220
2016 $1,152 $12,930 $2,580 $10,350
2015 $1,070 $11,200 $2,240 $8,960
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Ed Venezia

    RE/MAX

    11 Total Sales

    Ed Venezia
    Section Image

  • A

    Seller Co-Listing Agent in 2018

    Alan Levanson

    Berkshire Hathaway HomeServices Arizona Properties

    50 Total Sales

    Alan Levanson
    Section Image
  • Chad Barber

    Buyer's Agent in 2018

    Chad Barber

    Fenix CRE

    (602) 332-1768

    14 Total Sales

    Chad Barber
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5773402

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-27-020

Arizona Maricopa County Phoenix 85015 North Encanto

3338 N 16th Ave, Phoenix, AZ

This home is located at 3338 N 16th Ave, Phoenix, AZ 85015 since 31 May 2018 and is currently estimated at $803,576, approximately $335 per square foot. This property was built in 1948. 3338 N 16th Ave is a home located in Maricopa County with nearby schools including Encanto Elementary School, Clarendon Elementary School, and Osborn Middle 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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