NOT LISTED FOR SALE

Estimated Value: $611,304 - $810,000

-- Bed
-- Bath
3,405 Sq Ft
$205/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $319,900 $94 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,866/month

144 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of March 2017

50’s era building in one of the most sought after areas in Phoenix, Campus Vista Historic District. Bike or stroll through charming historic neighborhoods to coffee, restaurants, record stores or antique shopping. Rents are below market on this prime property. 4 plex, 3400 square feet, three, 2 bed, 1 bath units and one, 1 bed, 1 bath unit.

Last Agent to Sell the Property

Jared English

Congress Realty, Inc. Brokerage Phone: 888-881-4118 License #BR569813000 Listed on: 09/01/2016

Last Buyer's Agent

Mike Snitz

Realty ONE Group License #SA651575000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,456

Year Built

  • Built in 1952

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 13
  • Assessor Parcel Number 110-13-143

Community Details

Overview

  • 4 Units
  • Building Dimensions are TBD
  • North Park Central Unit 4 Subdivision

Building Details

  • Operating Expense $6,112
  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,456

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: 15 Ave/Osborn
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1952
  • Tax Year: 2015
  • Directions: Osborn to 11 Ave. North to property.
  • Attribution Contact: 888-881-4118
  • Road Surface Type: Asphalt
  • Subdivision Name: NORTH PARK CENTRAL UNIT 4
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Carport
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Trash Expense: 1056.0
  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: TBD
  • Additional Parcels: No
  • Parcel #: 110-13-143

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 27600.0
  • Annual Operating Expense: 6112.0

Tax Info

  • Tax Annual Amount: 1456.0
  • Tax Book Number: 110.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2016
Closed on
Feb 23, 2017
Sold by
Equity Savers Lc
Bought by
Bakardjiev David and Pohl Vanessa
Seller's Agent
Jared English
Congress Realty, Inc.
Buyer's Agent
Mike Snitz
Realty ONE Group
List Price
$349,900
Sold Price
$319,900
Premium/Discount to List
-$30,000
-8.57%
Current Estimated Value
$697,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,926
Avg. Annual Appreciation
9.52%
Original Mortgage
$313,222
Outstanding Balance
$261,384
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$436,442

Purchase Details

Closed on
Oct 15, 2009
Sold by
Strook Donald V and Yagi Greg
Bought by
Equity Savers

Purchase Details

Closed on
May 22, 2008
Sold by
Zorin Llc
Bought by
C&E Investments Llc

Purchase Details

Closed on
Nov 7, 2006
Sold by
Strook Donald V and Yagi Greg
Bought by
Zorin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 26, 2006
Sold by
Han Lawerence E
Bought by
Strook Donald and Yagi Greg G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 19, 2001
Sold by
Cronin Ardith J
Bought by
Cronin Ardith J and Marion L Fay Trust

Purchase Details

Closed on
Jun 22, 2001
Sold by
Gould Karen W
Bought by
Gould Karen W

Purchase Details

Closed on
May 2, 2000
Sold by
Gale Robert M and Young Irene M
Bought by
Han Lawrence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
8.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1998
Sold by
Gould Karen
Bought by
Gould Robert E
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
Bakardjiev David $319,000 Clear Title Agency Of Az Llc
Equity Savers $96,100 None Available
C&E Investments Llc -- None Available
Zorin Llc -- None Available
Strook Donald $375,000 Equity Title Agency Inc
Cronin Ardith J -- First American Title
Gould Karen W -- --
Gould Robert Eugene -- --
Gould Robert E -- --
Han Lawrence E $154,000 Grand Canyon Title Agency In
Gould Robert E -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakardjiev David $313,222
Previous Owner Zorin Llc $37,500
Previous Owner Strook Donald $300,000
Previous Owner Han Lawrence E $138,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $319,900 0.0% $94 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
01/06/2017 01/06/17 Price Changed $319,900 -3.0% $94 / Sq Ft
11/02/2016 11/02/16 Price Changed $329,900 -2.9% $97 / Sq Ft
10/03/2016 10/03/16 Price Changed $339,900 -2.9% $100 / Sq Ft
09/01/2016 09/01/16 For Sale $349,900 -- $103 / 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 $2,008 $16,000 -- --
2024 $1,940 $15,238 -- --
2023 $1,940 $0 $0 $0
2022 $1,929 $45,270 $9,050 $36,220
2021 $1,962 $38,650 $7,730 $30,920
2020 $1,912 $31,520 $6,300 $25,220
2019 $1,829 $26,650 $5,330 $21,320
2018 $1,769 $22,780 $4,550 $18,230
2017 $1,624 $19,180 $3,830 $15,350
2016 $1,566 $17,010 $3,400 $13,610
2015 $1,456 $15,250 $3,050 $12,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5492038

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-13-143