$675,000
SOLD APR 28, 2020

3539 E Montecito Ave Unit OFC Phoenix, AZ 85018

Camelback East Village Neighborhood
-- Bed
-- Bath
4,000 Sq Ft
0.27 Acres

Recently Sold

$169 Per Sq Ft

10% Below List Price

3 Days on Market

About This Home

As of May 2021

HUGE OPPORTUNITY IN LOWER ARCADIA!!!

Last Agent to Sell the Property

Daniel Mullins

Altus Realty LLC License #BR547223000 Listed on: 03/10/2020

Co-Listed By

Robert Yeoman, Jr.

Altus Realty LLC License #SA648255000

Last Buyer's Agent

Michael Gordon

Grace CRE License #BR688636000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,106

Year Built

  • Built in 1961

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Metal Construction or Metal Frame

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Schools

  • Creighton Elementary School
  • Biltmore Preparatory Academy Middle School
  • Camelback High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for water, cable TV
  • The owner pays for trash collection, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 170-27-114

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 11843
  • Darleigh Manor Subdivision

Building Details

  • Operating Expense $6,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,106

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 36th St and Montecito
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Year Built: 1961
  • Tax Year: 2019
  • Directions: Indian School Rd / 36th St. Go North to Montecito, Go West to property.
  • Road Surface Type: Asphalt, Concrete, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Co List Office Mls Id: altu001
  • Co List Office Phone: 602-684-2330
  • Subdivision Name: DARLEIGH MANOR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Central A/C
  • Heating: Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1500.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Biltmore Preparatory Academy

Lot Info

  • Lot Size: 11843
  • Additional Parcels: No
  • Parcel #: 170-27-114

Multi Family

  • Owner Pays: Trash Collection, Landscaping
  • Tenant Pays: Water, Cable TV
  • Number Of Units Total: 3
  • Insurance Expense: 973.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 6180.0

Tax Info

  • Tax Annual Amount: 3106.0
  • Tax Book Number: 170.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2024
Sold by
Mattson Craig and Slick Stacey
Bought by
Montecito Real Estate Properties Llc
Current Estimated Value
$1,522,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$198,472
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$1,293,086

Purchase Details

Listed on
Apr 18, 2021
Closed on
May 25, 2021
Sold by
Cameron David
Bought by
Mattson Craig and Slick Stacey
Seller's Agent
Michelle Pauley
eXp Realty
Buyer's Agent
Randall Averitte
HomeSmart
List Price
$1,095,000
Sold Price
$1,125,000
Premium/Discount to List
$30,000
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%

Purchase Details

Listed on
Mar 10, 2020
Closed on
May 11, 2020
Sold by
Cameron Brooklynn
Bought by
Cameron David
Seller's Agent
Daniel Mullins
Altus Realty LLC
Buyer's Agent
Michael Gordon
Grace CRE
List Price
$750,000
Sold Price
$675,000
Premium/Discount to List
-$75,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.48%
Original Mortgage
$506,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2020
Closed on
Apr 22, 2020
Sold by
Dziszuk Christopher and Dziszuk Michelle
Bought by
Cameron David
Seller's Agent
Daniel Mullins
Altus Realty LLC
Buyer's Agent
Michael Gordon
Grace CRE
List Price
$750,000
Sold Price
$675,000
Premium/Discount to List
-$75,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2000
Sold by
Clements Laura M
Bought by
Dziszuk Christopher and Dziszuk Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 1999
Sold by
Clements Laura M
Bought by
Clements Laura M and Laura M Clements Revocable Living Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Encore Title
Special Warranty Deed $1,125,000 Fidelity Natl Ttl Agcy Inc
Interfamily Deed Transfer -- Fidelity Natl Ttl Agcy Inc
Special Warranty Deed $675,000 Fidelity Natl Ttl Agcy Inc
Warranty Deed $130,000 Security Title Agency
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $632,500 New Conventional
Previous Owner $200,000 Commercial
Previous Owner $506,250 New Conventional
Previous Owner $150,000 Future Advance Clause Open End Mortgage
Previous Owner $65,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $1,125,000 +2.7% $281 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $1,095,000 +62.2% $274 / Sq Ft
04/28/2020 04/28/20 Sold $675,000 -10.0% $169 / Sq Ft
04/16/2020 04/16/20 Price Changed $750,000 0.0% $188 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $750,000 -- $188 / 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 $3,415 $26,268 -- --
2024 $3,375 $25,017 -- --
2023 $3,375 $73,170 $14,630 $58,540
2022 $3,243 $56,010 $11,200 $44,810
2021 $3,322 $52,080 $10,410 $41,670
2020 $3,127 $46,850 $9,370 $37,480
2019 $3,106 $42,450 $8,490 $33,960
2018 $3,041 $37,130 $7,420 $29,710
2017 $2,922 $33,160 $6,630 $26,530
2016 $2,807 $27,100 $5,420 $21,680
2015 $2,613 $25,270 $5,050 $20,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6048338

Arizona Regional Multiple Listing Service (ARMLS)

APN: 170-27-114