NOT LISTED FOR SALE

3616 N 27th St Unit A,B,C Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $667,000 - $1,108,000

-- Bed
4 Baths
3,100 Sq Ft
$303/Sq Ft Est. Value

Last Sold May 06, 2015

Last sale price $275,000 $89 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $5,421/month

121 Days on Market

Highlights

  • Evaporated cooling system
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of May 2015

Great income opportunity for investor! 3 houses on 1/2 acre in great residential neighborhood. House A is leased for a year at $750 and is 1100 sqft: 3/2/2G, roof is 5-6 years old, 3 window units plus the roof unit for A/C, single pane windows, no microwave and possible dishwasher. Houses B and C each have 7 months left on lease at $625 and $600. Both are 900sqft: 2/1/1C, roofs needs some work, window unit A/C and central heat, single pane windows, paneling on the walls, no microwaves and maybe a dishwasher in one. Home C has new laminate 3 years ago. Homes have not been updated, but they have been maintained. Appliances will convey in each unit. Termite treatment on all properties 3 years ago and owner has them checked under the warranty each year. DO NOT DISTURB TENANTS-DRIVE BY ONLY

Last Listed By

Bobbi Engle

eXp Realty License #SA638852000 Listed on: 10/03/2014

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,081

Year Built

  • Built in 1961

Lot Details

  • 0.57

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Concrete

Parking

  • 4 Open Parking Spaces
  • 9 Parking Spaces
  • 5 Covered Spaces
  • Common or Shared Parking
  • Paved Parking

Schools

  • Creighton Elementary School
  • Camelback High School

Utilities

  • Evaporated cooling system
  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot ABC
  • Assessor Parcel Number 119-06-052

Community Details

Overview

  • 4 Buildings
  • 3 Units
  • Building Dimensions are 328'x75'

Building Details

  • Operating Expense $5,281
  • Net Operating Income $19,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,081

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: Indian School & 27th St.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2013
  • Road Surface Type: Asphalt, Private Street, Curb(s) & Gutter(s)
  • Garage Yn: Yes
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Concrete
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Paved Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 9.0
  • Garage Details: Yes
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: 2 or More Units, Evaporative Cooling, Wall/Window Unit(s), Ceiling Fan(s)
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Irrigation
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 4200.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 328'x75'
  • Additional Parcels: Yes
  • Parcel #: 119-06-052

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Property Net Operating Income: 19500.0
  • Annual Operating Expense: 5281.0

Tax Info

  • Tax Annual Amount: 1081.0
  • Tax Book Number: 119.00
  • Tax Lot: ABC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2015
Sold by
Mukherjee Julie
Bought by
Larsson Michael R
Total Days on Market
121
Current Estimated Value
$939,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,214
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2004
Sold by
Mukherjee Ritwik
Bought by
Mukherjee Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2002
Sold by
Gould Don and Gould Lorinda L Prentiss
Bought by
Gould Donald and Prentiss Gould Lorinda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,200
Interest Rate
7.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 1996
Sold by
Maclaren Eddie E and Kyle Edward Allen
Bought by
Infinite Success Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.98%
Mortgage Type
Seller Take Back

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Larsson Michael R $279,273 Driggs Title Agency Inc
Mukherjee Julie -- Westland Title Agency Of Az
Mukherjee Julie $240,000 Westland Title Agency Of Az
Gould Donald -- Security Title Agency
Infinite Success Llc $95,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larsson Michael R $144,675
Open Larsson Michael R $277,800
Closed Larsson Michael R $285,000
Previous Owner Larsson Michael R $274,214
Previous Owner Mukherjee Julie $61,500
Previous Owner Mukherjee Julie $204,000
Previous Owner Gould Donald $130,200
Previous Owner Infinite Success Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2015 05/06/15 Sold $275,000 -6.8% $89 / Sq Ft
02/01/2015 02/01/15 Pending -- -- --
10/03/2014 10/03/14 For Sale $295,000 -- $95 / 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 $1,941 $14,927 -- --
2024 $1,918 $14,216 -- --
2023 $1,918 $54,230 $10,840 $43,390
2022 $1,843 $39,900 $7,980 $31,920
2021 $1,888 $35,250 $7,050 $28,200
2020 $1,842 $32,120 $6,420 $25,700
2019 $1,829 $26,630 $5,320 $21,310
2018 $1,791 $24,850 $4,970 $19,880
2017 $1,722 $22,920 $4,580 $18,340
2016 $1,655 $17,820 $3,560 $14,260
2015 $1,540 $14,350 $2,870 $11,480
Source: Public Records

Agents Affiliated with this Home

  • Bobbi Engle

    Seller's Agent in 2015

    Bobbi Engle

    eXp Realty

    (623) 624-9799

    3 in this area

    72 Total Sales

    Bobbi Engle
    Section Image
  • Eric Ford

    Buyer's Agent in 2015

    Eric Ford

    My Home Group Real Estate

    (602) 538-5544

    266 Total Sales

    Eric Ford
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5180316

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-06-052

Arizona Maricopa County Phoenix 85016 Camelback East Village

3616 N 27th St Unit A,B,C, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 3616 N 27th St Unit A,B,C, Phoenix, AZ 85016 since 03 October 2014 and is currently estimated at $939,586, approximately $303 per square foot. This property was built in 1961. 3616 N 27th St Unit A,B,C is a home located in Maricopa County with nearby schools including Camelback High School, Phoenix Coding Academy, and Career Success Schools - Sage Campus.

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

Nearby Homes