NOT LISTED FOR SALE

3418 N 12th Place Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $768,000 - $1,215,000

-- Bed
-- Bath
3,896 Sq Ft
$243/Sq Ft Est. Value

Last Sold December 07, 2012

Last sale price $202,111 $52 Per Sq Ft

Est. 368% increase in value since last sale

Current estimated payment $5,252/month

16 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of December 2012

Great location! 4 units in excellent condition - 2 bedroom 2 bath, upstairs units feature balcony and fireplace. Downstairs unit have private yard. Must see! Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a low to moderate flood risk. Please refer to www.FloodSmart.gov for
additional information regarding flood zones and insurance, 4 units.

Last Agent to Sell the Property

Steve McKamey

Pro Star Realty License #BR005950000 Listed on: 10/02/2012

Last Buyer's Agent

Lois Kaipainen

Income Property Shop License #SA567276000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1983

Lot Details

  • 7,623

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Longview Elementary School
  • Osborn Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 118-08-140

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7608

Building Details

  • Operating Expense $1,406

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,406

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: 7TH STREET & OSBORN
  • Property Type: Multiple Dwellings
  • Zoning: 0
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2012
  • Directions: FROM 7TH ST, GO EAST ON OSBORN TO 12TH PLACE, THEN NORTH TO THE PROPERTY
  • Road Surface Type: Asphalt
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit, Common
  • Attached Garage: No
  • 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
  • Parking:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Elementary School: Longview Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 7608
  • Additional Parcels: No
  • Parcel #: 118-08-140

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 1406.48

Tax Info

  • Tax Annual Amount: 1406.48
  • Tax Book Number: 118.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2012
Closed on
Dec 4, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Confer Jonathan David
Seller's Agent
Steve McKamey
Pro Star Realty
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$183,500
Sold Price
$202,111
Premium/Discount to List
$18,611
10.14%
Current Estimated Value
$945,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$743,696
Avg. Annual Appreciation
12.80%
Original Mortgage
$180,175
Outstanding Balance
$125,016
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$820,791

Purchase Details

Closed on
Jun 1, 2012
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 23, 2003
Sold by
In Yutheana
Bought by
Eldridge Herndon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,365
Interest Rate
5.85%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 1998
Sold by
Rathman Richard J and Rathman Christal T
Bought by
In Yuthea and In Lakhana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,950
Interest Rate
6.88%
Mortgage Type
New Conventional
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
Confer Jonathan David -- Grand Canyon Title Agency
Secretary Of Housing & Urban Development -- Old Republic Default Managem
Midfirt Bank $277,155 None Available
Eldridge Herndon E $300,000 Capital Title Agency Inc
In Yuthea $183,300 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Confer Jonathan David $180,175
Previous Owner Eldridge Herndon E $295,365
Previous Owner In Yuthea $164,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2012 12/07/12 Sold $202,111 +10.1% $52 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
10/02/2012 10/02/12 For Sale $183,500 -- $47 / 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 $3,080 $24,548 -- --
2024 $2,976 $23,379 -- --
2023 $2,976 $74,770 $14,950 $59,820
2022 $2,959 $57,350 $11,470 $45,880
2021 $3,009 $47,420 $9,480 $37,940
2020 $2,933 $40,160 $8,030 $32,130
2019 $2,806 $36,160 $7,230 $28,930
2018 $2,713 $31,680 $6,330 $25,350
2017 $2,491 $42,110 $8,420 $33,690
2016 $2,403 $36,960 $7,390 $29,570
2015 $2,234 $31,370 $6,270 $25,100
Source: Public Records

Agents Affiliated with this Home

  • Steve McKamey

    Seller's Agent in 2012

    Steve McKamey

    Pro Star Realty

    (602) 402-8027

    73 Total Sales

    Steve McKamey
    Section Image

  • L

    Buyer's Agent in 2012

    Lois Kaipainen

    Income Property Shop

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4828458

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-08-140

Arizona Maricopa County Phoenix 85014 Central City

3418 N 12th Place, Phoenix, AZ

This home is located at 3418 N 12th Place, Phoenix, AZ 85014 since 02 October 2012 and is currently estimated at $945,807, approximately $242 per square foot. This property was built in 1983. 3418 N 12th Place is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle School, and North High 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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