Seller's Agent in 2023
Dallin Hammond
ABI Multifamily
(602) 714-1400
9 in this area
34 Total Sales
3526 E Montecito Ave Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated Value: $1,273,000 - $2,827,257
8
Beds
--
Bath
2,187
Sq Ft
$931/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceiling Fan
- Individual Controls for Heating
- Phoenix Coding Academy Rated A
- Vinyl Flooring
About This Home
As of April 20233526 East Montecito Avenue was originally built in 1958, renovated in 2018 and is of block construction. This garden-style property has a solid unit mix that features (8) spacious 2 bedroom / 1 bathroom apartments. The most recent capital expenditures at the property include; a full interior renovation that includes stainless steel appliances, white shaker cabinets, backsplash, countertops and more. The exterior has been renovated and features; vibrant desert landscaping, the installation of private front patios and private backyards. Each unit has a full-sized stackable washer and dryer and the property is individually metered for electricity. Given the location of this rarely available apartment community, there is room for investors to maximize rental increase potential.
Last Agent to Sell the Property
ABI Multifamily License #SA677560000 Listed on: 09/29/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,542
Year Built
- Built in 1958
Lot Details
- Property fronts an alley
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Vinyl Flooring
Parking
- 16 Parking Spaces
- Carport
- On-Street Parking
Utilities
- Cooling Available
- Individual Controls for Heating
- Separate Meters
Listing and Financial Details
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 10
- Assessor Parcel Number 170-27-121-A
Community Details
Overview
- 3 Buildings
- 8 Units
- Building Dimensions are 177.96x133.15x178.15x133.15
- Darleigh Manor Subdivision
Building Details
- Operating Expense $4,542
- Gross Income $164,664
- Net Operating Income $125,848
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2022
Closed on
Apr 13, 2023
Sold by
Bought by
Seller's Agent
Dallin Hammond
ABI Multifamily
Buyer's Agent
Dallin Hammond
ABI Multifamily
List Price
$2,700,000
Sold Price
$2,772,500
Premium/Discount to List
$72,500
2.69%
Views
112
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
-$737,414
Avg. Annual Appreciation
-9.24%
Original Mortgage
$965,448
Outstanding Balance
$938,860
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$1,096,226
Purchase Details
Closed on
Dec 5, 2017
Sold by
Bought by
Purchase Details
Closed on
Apr 11, 2017
Sold by
Bought by
Purchase Details
Closed on
Apr 24, 2012
Sold by
Bought by
Purchase Details
Closed on
Mar 22, 2012
Sold by
Bought by
Purchase Details
Closed on
Jul 5, 2007
Sold by
Bought by
Purchase Details
Closed on
Jun 11, 2007
Sold by
Bought by
Purchase Details
Closed on
Jan 10, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 9, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 18, 2003
Sold by
Bought by
Purchase Details
Closed on
Jan 4, 1999
Sold by
Bought by
Purchase Details
Closed on
Dec 31, 1998
Sold by
Bought by
Purchase Details
Closed on
Aug 7, 1995
Sold by
Bought by
Purchase Details
Closed on
Apr 3, 1975
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,272,500 | Kensington Vanguard National L | ||
| $925,000 | Lawyers Title Of Arizona Inc | ||
| $600,000 | Lawyers Title Of Arizona Inc | ||
| $513,742 | None Available | ||
| $13,742 | None Available | ||
| -- | Chicago Title Insurance Comp | ||
| -- | Chicago Title Insurance Comp | ||
| -- | Fidelity National Title | ||
| $650,000 | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| $475,000 | Chicago Title Insurance Co | ||
| $180,000 | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $965,448 | ||
| Previous Owner | $510,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2023 04/14/23 | Sold | $2,772,500 | +2.7% | $1,268 / Sq Ft |
| 02/16/2023 02/16/23 | Price Changed | $2,700,000 | 0.0% | $1,235 / Sq Ft |
| 12/15/2022 12/15/22 | Pending | -- | -- | -- |
| 12/14/2022 12/14/22 | Pending | -- | -- | -- |
| 09/29/2022 09/29/22 | For Sale | $2,700,000 | 0.0% | $1,235 / Sq Ft |
| 09/22/2018 09/22/18 | Rented | $1,295 | 0.0% | -- |
| 09/14/2018 09/14/18 | Under Contract | -- | -- | -- |
| 08/21/2018 08/21/18 | Price Changed | $1,295 | -2.3% | $2 / Sq Ft |
| 06/19/2018 06/19/18 | Price Changed | $1,325 | -1.9% | $2 / Sq Ft |
| 06/19/2018 06/19/18 | Price Changed | $1,350 | -3.2% | $2 / Sq Ft |
| 05/24/2018 05/24/18 | Price Changed | $1,395 | +1.5% | $2 / Sq Ft |
| 05/21/2018 05/21/18 | For Rent | $1,375 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,060 | $37,459 | -- | -- |
| 2024 | $4,814 | $35,675 | -- | -- |
| 2023 | $4,814 | $115,350 | $23,070 | $92,280 |
| 2022 | $4,542 | $87,430 | $17,480 | $69,950 |
| 2021 | $4,660 | $81,430 | $16,280 | $65,150 |
| 2020 | $4,546 | $75,020 | $15,000 | $60,020 |
| 2019 | $4,514 | $65,370 | $13,070 | $52,300 |
| 2018 | $4,421 | $57,220 | $11,440 | $45,780 |
| 2017 | $4,249 | $47,770 | $9,550 | $38,220 |
| 2016 | $4,083 | $40,150 | $8,030 | $32,120 |
| 2015 | $3,799 | $37,480 | $7,490 | $29,990 |
Source: Public Records
Agents Affiliated with this Home
-
Dallin Hammond
-
Carson Griesemer
Seller Co-Listing Agent in 2023
Carson Griesemer
ABI Multifamily
(602) 714-1400
1 in this area
21 Total Sales
-
Mitchell Drake
Buyer Co-Listing Agent in 2023
Mitchell Drake
ABI Multifamily
(602) 714-1400
8 in this area
29 Total Sales
-
Pamela Watson-Brown
Seller's Agent in 2018
Pamela Watson-Brown
Arizona Elite Properties
(480) 507-1800
2 in this area
44 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6470591
APN: 170-27-121A
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
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