NOT LISTED FOR SALE

335 E Purdue Ave Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $519,389 - $782,000

8 Beds
-- Bath
1,352 Sq Ft
$488/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $592,000 $438 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,550/month

4 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heat Pump System
  • Sunnyslope High School Rated A
  • Ceiling Fan

About This Home

As of January 2021

We are pleased to offer 335 E Purdue Ave, a turn key 4 unit investment opportunity located in North Phoenix. The property is comprised of two buildings with rear parking for each unit and guests. All units are 2 bed, 1 bath floor plans and include central heating and air conditioning, washer and dryer hookups, individual storage units and individually metered for power. All units have been upgraded/remodeled with double pane windows, tile wood flooring throughout, new kitchen cabinets with granite countertops, new appliances. Additional upgrades include new bathtubs, vanities, toilets, mirrors, medicine cabinets and hardware. New ceiling fans, window blinds, closet doors, baseboards, textured walls, paint, interior/exterior lighting much more.

Last Agent to Sell the Property

Joshua Gonzalez

Compass License #SA576867000 Listed on: 12/15/2020

Compass

Last Buyer's Agent

Michael D'Elena

Compass License #SA644866000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 1963

Lot Details

  • 0.31

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Paved Parking

Schools

  • Washington Elementary School - Phoenix
  • Royal Palm Middle School
  • Sunnyslope High School

Utilities

  • Central Air
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 1 / F
  • Assessor Parcel Number 159-45-061

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 13,536 s.f.
  • Tengen Place Add Blk D H Subdivision

Building Details

  • Operating Expense $5,469
  • Gross Income $3,600
  • Net Operating Income $37,731

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$725

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 3rd Street and Hatcher
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2020
  • Directions: From Hatcher head North on 3rd Street East on Purdue Ave to property on the Southside of the street.
  • Road Surface Type: Asphalt
  • Subdivision Name: TENGEN PLACE ADD BLK D - H
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS, Underground, Individual Meter
  • Cooling: Central A/C, Individual, Ceiling Fan(s)
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3742.71

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Lot Size: 13,536 s.f.
  • Additional Parcels: No
  • Parcel #: 159-45-061

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 3600.0
  • Insurance Expense: 1001.0
  • Property Net Operating Income: 37731.29
  • Annual Operating Expense: 5468.71

Tax Info

  • Tax Annual Amount: 725.0
  • Tax Block: F
  • Tax Book Number: 159.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jan 4, 2021
Sold by
Jeyakumar Sanjay and Prabakar Cheruba
Bought by
Prabakar Cheruba
Seller's Agent
Joshua Gonzalez
Compass
Buyer's Agent
Michael D'Elena
Compass
List Price
$599,000
Sold Price
$592,000
Premium/Discount to List
-$7,000
-1.17%
Current Estimated Value
$660,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,097
Avg. Annual Appreciation
3.40%

Purchase Details

Listed on
Dec 15, 2020
Closed on
Dec 31, 2020
Sold by
Valencia Maria Guadalupe
Bought by
Prabakar Cheruba
Seller's Agent
Joshua Gonzalez
Compass
Buyer's Agent
Michael D'Elena
Compass
List Price
$599,000
Sold Price
$592,000
Premium/Discount to List
-$7,000
-1.17%

Purchase Details

Listed on
Jan 20, 2018
Closed on
Mar 2, 2018
Sold by
Hellenic Properties Inc
Bought by
Valencia Maria Guadalupe
Seller's Agent
Charles Melde
HomeSmart
Buyer's Agent
Joshua Gonzalez
Compass
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.15%

Purchase Details

Closed on
Mar 20, 2003
Sold by
Nuzzo Daniel and Nuzzo Sofia
Bought by
Hellenic Properties Inc

Purchase Details

Closed on
Dec 20, 2002
Sold by
Nuzzo Daniel and Nuzzo Sofia
Bought by
Nuzzo Daniel and Nuzzo Sofia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.86%

Purchase Details

Closed on
Feb 8, 2000
Sold by
Nuzzo Daniel and Nuzzo Sofia
Bought by
Nuzzo Daniel and Nuzzo Sofia

Purchase Details

Closed on
May 14, 1999
Sold by
Bayless Mary E
Bought by
Nuzzo Daniel N and Nuzzo Sofia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.2%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 1998
Sold by
Maurer Darrin E
Bought by
Bayless Mary E

Purchase Details

Closed on
Jan 29, 1997
Sold by
Bayless Mary E
Bought by
Maurer Darrin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
10.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Prabakar Cheruba -- Grand Canyon Title Agency
Prabakar Cheruba $592,000 Grand Canyon Title
Valencia Maria Guadalupe $300,000 Fidelity National Title Agen
Hellenic Properties Inc -- --
Nuzzo Daniel -- Old Republic Title Agency
Nuzzo Daniel -- --
Nuzzo Daniel N $100,000 Stewart Title & Trust
Bayless Mary E -- Century Title Agency
Maurer Darrin E $95,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nuzzo Daniel $68,000
Previous Owner Nuzzo Daniel N $70,000
Previous Owner Maurer Darrin E $62,000
Closed Maurer Darrin E $28,583
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $592,000 -1.2% $438 / Sq Ft
12/15/2020 12/15/20 For Sale $599,000 +99.7% $443 / Sq Ft
03/09/2018 03/09/18 Sold $300,000 0.0% $222 / Sq Ft
01/20/2018 01/20/18 For Sale $300,000 -- $222 / 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 $773 $6,321 -- --
2024 $759 $6,020 -- --
2023 $759 $37,150 $7,430 $29,720
2022 $734 $24,780 $4,950 $19,830
2021 $744 $20,480 $4,090 $16,390
2020 $725 $17,070 $3,410 $13,660
2019 $712 $11,050 $2,210 $8,840
2018 $693 $8,850 $1,770 $7,080
2017 $690 $8,680 $1,730 $6,950
2016 $677 $8,200 $1,640 $6,560
2015 $627 $6,670 $1,330 $5,340
Source: Public Records

Agents Affiliated with this Home

  • Joshua Gonzalez

    Seller's Agent in 2021

    Joshua Gonzalez

    Compass

    (602) 639-0644

    3 in this area

    41 Total Sales

    Joshua Gonzalez
    Section Image
  • Michael D'Elena

    Buyer's Agent in 2021

    Michael D'Elena

    Compass

    (602) 317-4761

    2 in this area

    214 Total Sales

    Michael D'Elena
    Section Image

  • K

    Buyer Co-Listing Agent in 2021

    Katie Stuyvenberg

    Compass

    (480) 443-7400

    1 in this area

    50 Total Sales

    Katie Stuyvenberg
    Section Image

  • K

    Buyer Co-Listing Agent in 2021

    Katie Foss

    NORTH&CO.

  • Charles Melde

    Seller's Agent in 2018

    Charles Melde

    HomeSmart

    (480) 272-3604

    1 Total Sale

    Charles Melde
    Section Image

  • J

    Buyer's Agent in 2018

    Josh Gonzalez

    Green Street Realty LLC

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6172119

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-45-061

Arizona Maricopa County Phoenix 85020 North Central

335 E Purdue Ave, Phoenix, AZ

This home is located at 335 E Purdue Ave, Phoenix, AZ 85020 since 15 December 2020 and is currently estimated at $660,097, approximately $488 per square foot. This property was built in 1963. 335 E Purdue Ave is a home located in Maricopa County with nearby schools including Sunnyslope Elementary School, Sunnyslope High School, and Montessori Day Public Schools Chartered - Mountainside.

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

Nearby Homes