3430 E Cambridge Ave Phoenix, AZ 85008
Camelback East Village Neighborhood
--
Bed
--
Bath
2,400
Sq Ft
0.48
Acres
Highlights
- Cooling System Mounted To A Wall/Window
- Ceiling Fan
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
- Carpet
About This Home
As of December 2024Incredible Multi-Family Investment Opportunity in Central Phoenix Endless possibilities await with this prime multi-family lot, offering three fully-functional units on one spacious parcel.Located in the heart of Central Phoenix, this property includes Two 3Bedroom,1Bath Homes Perfect for family living or rental income potentialDuplex Featuring a 2-Bedroom, 1-Bath unit and a 1-Bedroom,1-Bath unit, ideal for additional rental income or flexible living arrangements.The expansive lot provides ample space for potential development, whether you're looking to build new units or add on to the existing structures. With a central location just minutes away from downtown Phoenix, major freeways, shopping, dining, and entertainment, this property offers unbeatable convenience.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,937
Year Built
- Built in 1956
Home Design
- Wood Frame Construction
- Composition Roof
- Foam Roof
- Stucco
Interior Spaces
- Ceiling Fan
Flooring
- Carpet
- Vinyl
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
- Paved Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
- The owner pays for landscaping
- Tax Lot 13
- Assessor Parcel Number 120-03-059-E
Community Details
Overview
- 3 Buildings
- 4 Units
- Building Dimensions are 120x170
- Taber Tract Subdivision
Building Details
- Operating Expense $1,937
- Gross Income $89,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Dec 30, 2024
Sold by
Hernandez Oscar
Bought by
3430 E Cambridge Llc
Seller's Agent
James Kearns
HomeSmart
Buyer's Agent
Monica Coker
HomeSmart
List Price
$975,000
Sold Price
$883,500
Premium/Discount to List
-$91,500
-9.38%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$134,998
Avg. Annual Appreciation
-18.82%
Original Mortgage
$662,500
Outstanding Balance
$660,217
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$117,761
Purchase Details
Listed on
Sep 19, 2024
Closed on
Dec 2, 2024
Sold by
Kashey Adrian S
Bought by
Hernandez Oscar
Seller's Agent
James Kearns
HomeSmart
Buyer's Agent
Monica Coker
HomeSmart
List Price
$975,000
Sold Price
$883,500
Premium/Discount to List
-$91,500
-9.38%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,500
Outstanding Balance
$660,217
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$117,761
Purchase Details
Closed on
Sep 11, 2019
Sold by
Kilpatrick Jeannette J
Bought by
Kashey Adrian S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,600
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Apr 2, 2019
Closed on
Apr 3, 2019
Sold by
Tapco Investments Llc
Bought by
Adrian S Kashey Fam Ltd Liability Prtnrs
Seller's Agent
Kenneth Bates
Heritage Real Estate Group, LLC
Buyer's Agent
James Kearns
HomeSmart
List Price
$375,000
Sold Price
$375,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$265,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 3, 2011
Sold by
Jbm Ii Investments Llc
Bought by
Tapco Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.77%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 15, 2011
Sold by
U S Bank Na
Bought by
Jbm 11 Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.77%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 13, 2010
Sold by
Brown Kevin and Ameriquest Mortgage Company
Bought by
U S Bank Na
Purchase Details
Closed on
Jun 15, 2004
Sold by
Brown Michael R
Bought by
Brown Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.35%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 1, 1998
Sold by
Clark Steven A
Bought by
Jenkins Monica H and Brown Michael R
Purchase Details
Closed on
Sep 17, 1997
Sold by
Sands Clover H
Bought by
Sands Clover H C and Sands Elmer C
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
12.5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 4, 1997
Sold by
Randolph G F
Bought by
Sands Clover H
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
12.5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 19, 1996
Sold by
Smith Malco
Bought by
Karl Moore Humanitarian Enterprises Inc
Purchase Details
Closed on
Nov 21, 1996
Sold by
Karl Moore Humanitarian Enterprises Inc
Bought by
Smith Malco
Purchase Details
Closed on
Jul 23, 1996
Sold by
Sands Elmer C and Sands Clover H
Bought by
Karl Moore Humanitarian Enterprises Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
8.39%
Mortgage Type
Seller Take Back
Similar Homes in Phoenix, AZ
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $883,500 | First American Title Insurance | |
| Warranty Deed | $883,500 | First American Title Insurance | |
| Deed | -- | Empire West Title Agency Llc | |
| Interfamily Deed Transfer | -- | Empire West Title Agency Llc | |
| Warranty Deed | $375,000 | First American Title Ins Co | |
| Cash Sale Deed | $109,500 | American Title Service Agenc | |
| Cash Sale Deed | $98,000 | Fidelity Natl Title Ins Co | |
| Trustee Deed | $55,000 | Security Title Agency | |
| Interfamily Deed Transfer | -- | Financial Title Company | |
| Warranty Deed | $77,000 | Stewart Title & Trust | |
| Interfamily Deed Transfer | -- | Stewart Title & Trust | |
| Trustee Deed | -- | -- | |
| Quit Claim Deed | $75,000 | -- | |
| Quit Claim Deed | $75,000 | -- | |
| Warranty Deed | $75,000 | Stewart Title & Trust |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $662,500 | New Conventional | |
| Closed | $662,500 | New Conventional | |
| Previous Owner | $600,000 | New Conventional | |
| Previous Owner | $420,000 | New Conventional | |
| Previous Owner | $341,600 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $265,000 | Purchase Money Mortgage | |
| Previous Owner | $98,000 | Commercial | |
| Previous Owner | $240,300 | Unknown | |
| Previous Owner | $190,000 | Commercial | |
| Previous Owner | $70,000 | Seller Take Back | |
| Previous Owner | $71,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $883,500 | -8.8% | $368 / Sq Ft |
| 12/04/2024 12/04/24 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | Price Changed | $969,000 | -0.6% | $404 / Sq Ft |
| 09/19/2024 09/19/24 | For Sale | $975,000 | +160.0% | $406 / Sq Ft |
| 04/22/2019 04/22/19 | Sold | $375,000 | 0.0% | $156 / Sq Ft |
| 04/01/2019 04/01/19 | For Sale | $375,000 | -- | $156 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,959 | $15,073 | -- | -- |
| 2024 | $1,937 | $14,355 | -- | -- |
| 2023 | $1,937 | $61,220 | $12,130 | $49,090 |
| 2022 | $1,861 | $45,840 | $9,080 | $36,760 |
| 2021 | $1,906 | $39,160 | $7,760 | $31,400 |
| 2020 | $1,860 | $31,820 | $6,300 | $25,520 |
| 2019 | $1,847 | $24,910 | $4,930 | $19,980 |
| 2018 | $1,809 | $22,600 | $4,480 | $18,120 |
| 2017 | $1,739 | $19,690 | $3,900 | $15,790 |
| 2016 | $1,672 | $16,860 | $3,340 | $13,520 |
| 2015 | $1,555 | $14,720 | $2,910 | $11,810 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2024
James Kearns
HomeSmart
(602) 230-7600
4 in this area
105 Total Sales
-
Buyer's Agent in 2024
Monica Coker
HomeSmart
(480) 280-9425
6 in this area
101 Total Sales
-
K
Seller's Agent in 2019
Kenneth Bates
Heritage Real Estate Group, LLC
(602) 677-9733
2 in this area
8 Total Sales
-
T
Seller Co-Listing Agent in 2019
Terence Teebken
Heritage Real Estate Group, LLC
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6759539
APN: 120-03-059E
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.
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
- 3338 E Virginia Ave
- 2825 N 33rd Place
- 2802 N 36th St
- 2814 N 36th St
- 3311 E Cambridge Ave
- 3302 E Yale St
- 3239 E Virginia Ave
- 3230 E Sheridan St
- 2601 N 32nd St
- 3434 E Avalon Dr
- 2302 N 36th St Unit OFC
- 3230 E Pinchot Ave Unit 26
- 3739 E Yale St
- 3010 N 37th St Unit 6
- 3754 E Yale St
- 2057 N 34th Place
- 3111 N 34th St
- 3542 E Earll Dr
- 3002 N 32nd St Unit 3
- 3002 N 32nd St Unit 15