NOT LISTED FOR SALE

3351 W Harmont Dr Phoenix, AZ 85051

North Mountain Village Neighborhood

Estimated Value: $478,244 - $779,000

2 Beds
-- Bath
3,656 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $200,000 $55 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $3,852/month

215 Days on Market

Highlights

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

About This Home

As of July 2014

Great Unit Mix! Large 3 bedroom/2 bath unit with fireplace and three 2 bed units! Many updates, new roof in 2010. 2 double garages with openers, onsite owned laundry, lots of tile and all locks are master keyed! 3 of the 4 units are occupied with a new section 8 lease for the 3/2 unit! Buyer to verify all items prior to close of escrow.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 10/31/2013

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

David Moore

50 STATES Realty License #SA111359000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,540

Year Built

  • Built in 1974

Lot Details

  • 7,275

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces

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
  • Tax Lot 22
  • Assessor Parcel Number 150-09-889

Community Details

Overview

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

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $10,860
  • Gross Income $27,108
  • Net Operating Income $17,268

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,540

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 35th Ave/Northern
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1974
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Subdivision Name: Northern Lanai
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Garage Details: Yes
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Individual, Electric
  • 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
  • Amenities: Other

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:FireSmoke Alarm(s): Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 150-09-889

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 600.0
  • Annual Gross Income: 27108.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 17268.0
  • Annual Operating Expense: 10860.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1540.0
  • Tax Book Number: 150.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2016
Sold by
Kitchen Edward T
Bought by
Garner Michael and Garner Marissa
Current Estimated Value
$699,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$133,919
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$565,392

Purchase Details

Listed on
Oct 31, 2013
Closed on
Jul 2, 2014
Sold by
Kmaz Investments Llc
Bought by
Kitchen Edward T
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
David Moore
50 STATES Realty
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
Original Mortgage
$183,150
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2009
Sold by
Meschede Michael W
Bought by
Kmaz Investments Llc

Purchase Details

Closed on
Jun 19, 2009
Sold by
Meschede Karen E
Bought by
Meschede Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2009
Sold by
Chase Jesse R
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Feb 18, 2005
Sold by
Stemler Leo
Bought by
Chase Jesse R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Sold by
Trainor Ronald Roy and Trainor Wendy Sue
Bought by
Stemler Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
7.08%

Purchase Details

Closed on
Feb 8, 2001
Sold by
Pitts Weglarz John M and Morin Linda L
Bought by
Trainor Ronald Roy and Trainor Wendy Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,200
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 1999
Sold by
Schlosser Dawn M
Bought by
Pitts Weglarz John M and Morin Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,300
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 1998
Sold by
Schlosser Arthur J
Bought by
Schlosser Dawn M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garner Michael $225,000 First American Title Ins Co
Kitchen Edward T $200,000 Chicago Title Agency Inc
Kmaz Investments Llc -- None Available
Meschede Michael W -- First American Title Ins Co
Meschede Michael W $141,000 First American Title Ins Co
Gmac Mortgage Llc $202,500 Security Title Agency
Chase Jesse R $330,000 Westland Title Agency Of Az
Stemler Leo $239,000 Century Title Agency Inc
Trainor Ronald Roy $218,000 North American Title Agency
Pitts Weglarz John M $177,000 North American Title Agency
Schlosser Dawn M -- Chicago Title Insurance Co
Schlosser Dawn M $170,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garner Michael $168,750
Previous Owner Kitchen Edward T $183,150
Previous Owner Meschede Michael W $105,750
Previous Owner Chase Jesse R $231,000
Previous Owner Stemler Leo $188,800
Previous Owner Trainor Ronald Roy $196,200
Previous Owner Pitts Weglarz John M $159,300
Closed Chase Jesse R $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $200,000 -12.7% $55 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
10/31/2013 10/31/13 For Sale $229,000 -- $63 / 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 $2,258 $17,771 -- --
2024 $2,134 $16,924 -- --
2023 $2,134 $42,050 $8,410 $33,640
2022 $2,064 $30,410 $6,080 $24,330
2021 $2,091 $28,620 $5,720 $22,900
2020 $2,039 $27,230 $5,440 $21,790
2019 $2,002 $22,770 $4,550 $18,220
2018 $1,949 $20,760 $4,150 $16,610
2017 $1,939 $18,030 $3,600 $14,430
2016 $1,904 $16,050 $3,210 $12,840
2015 $1,763 $16,170 $3,230 $12,940
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2014

    Lois Kaipainen

    Income Property Shop

    Section Image
  • David Moore

    Buyer's Agent in 2014

    David Moore

    50 STATES Realty

    (623) 252-2115

    2 Total Sales

    David Moore
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5023438

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-09-889

Arizona Maricopa County Phoenix 85051 North Mountain Village

3351 W Harmont Dr, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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