K
Seller's Agent in 2021
Kevin Simshauser
HomeSmart
3624 E Montecito Ave Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated Value: $1,006,000 - $1,278,000
6
Beds
--
Bath
2,652
Sq Ft
$439/Sq Ft
Est. Value
Highlights
- Community Barbecue Grill
- Ceramic Tile Flooring
- ENERGY STAR Qualified Equipment
- Phoenix Coding Academy Rated A
- Central Heating and Cooling System
About This Home
As of January 2021Excellent Opportunity to own a cash flowing asset in the heart of Arcadia. This triplex has undergone significant capital improvements, including a new roof, new A/C units, new electrical wiring, new plumbing, new dual pane windows, new cosmetic upgrades to the bathrooms, vinyl floors, kitchen, stainless steel appliances, recessed lighting, private courtyard, security gates and more. Property is professionally managed with ability for new owner to take advantage of increasing the current rents. Demand for 2BED/2Bath units in this neighborhood make this property easy to limit vacancy. Do not disturb occupants
Last Agent to Sell the Property
Kevin Simshauser
HomeSmart License #SA678575000 Listed on: 10/28/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,047
Year Built
- Built in 1961
Home Design
- Composition Roof
- Block Exterior
Parking
- 6 Parking Spaces
- Carport
- Parking Available
- Paved Parking
- On-Street Parking
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Master Water Meter
Additional Features
- Ceramic Tile Flooring
- ENERGY STAR Qualified Equipment
Listing and Financial Details
- Tenant pays for electricity, gas, cable TV
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 11
- Assessor Parcel Number 170-26-038
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 11357
- Pasadena Manor Subdivision
Amenities
- Community Barbecue Grill
Building Details
- Operating Expense $3,047
- Gross Income $48,600
- Net Operating Income $43,856
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
Oct 28, 2020
Closed on
Mar 2, 2021
Sold by
Bought by
Seller's Agent
Kevin Simshauser
HomeSmart
Buyer's Agent
John Zook
The Agency
List Price
$799,000
Sold Price
$767,500
Premium/Discount to List
-$31,500
-3.94%
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
$396,872
Avg. Annual Appreciation
7.81%
Original Mortgage
$575,625
Interest Rate
0.0271%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 28, 2020
Closed on
Jan 14, 2021
Sold by
Bought by
Seller's Agent
Kevin Simshauser
HomeSmart
Buyer's Agent
John Zook
The Agency
List Price
$799,000
Sold Price
$767,500
Premium/Discount to List
-$31,500
-3.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,625
Interest Rate
0.0271%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 26, 2018
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
$413,000
Interest Rate
0.045%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 26, 2018
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
$413,000
Interest Rate
0.045%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 28, 2018
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
$399,120
Interest Rate
0.044%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 20, 2018
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
$399,120
Interest Rate
0.044%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 1, 2011
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 |
|---|---|---|---|
| -- | Accommodation | ||
| $767,500 | Premier Title Agency | ||
| -- | Accommodation | ||
| -- | Pioneer Title Agency Inc | ||
| -- | Pioneer Title Agency Inc | ||
| -- | Pioneer Title Agency Inc | ||
| -- | Pioneer Title Agency Inc | ||
| $480,807 | Pioneer Title Agency Inc | ||
| -- | Pioneer Title Agency Inc | ||
| -- | Security Title Agency | ||
| $436,000 | Security Title Agency | ||
| $475,000 | Security Title Agency | ||
| -- | None Available |
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 |
|---|---|---|---|
| Previous Owner | $575,625 | ||
| Previous Owner | $413,000 | ||
| Previous Owner | $399,120 |
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 |
|---|---|---|---|---|
| 01/15/2021 01/15/21 | Sold | $767,500 | -3.9% | $289 / Sq Ft |
| 12/07/2020 12/07/20 | Pending | -- | -- | -- |
| 10/20/2020 10/20/20 | For Sale | $799,000 | 0.0% | $301 / Sq Ft |
| 12/01/2013 12/01/13 | Rented | $825 | -5.7% | -- |
| 11/23/2013 11/23/13 | Under Contract | -- | -- | -- |
| 08/07/2013 08/07/13 | For Rent | $875 | -- | -- |
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 | $3,335 | $24,694 | ||
| 2024 | $3,173 | $23,518 | ||
| 2023 | $3,173 | $68,230 | $13,640 | $54,590 |
| 2022 | $3,049 | $51,910 | $10,380 | $41,530 |
| 2021 | $3,123 | $47,060 | $9,410 | $37,650 |
| 2020 | $3,047 | $41,160 | $8,230 | $32,930 |
| 2019 | $3,026 | $36,560 | $7,310 | $29,250 |
| 2018 | $2,963 | $31,930 | $6,380 | $25,550 |
| 2017 | $2,849 | $29,650 | $5,930 | $23,720 |
| 2016 | $2,739 | $24,200 | $4,840 | $19,360 |
| 2015 | $2,548 | $22,760 | $4,550 | $18,210 |
Source: Public Records
Agents Affiliated with this Home
-
-
John Zook
Buyer's Agent in 2021
John Zook
The Agency
(602) 421-5600
2 in this area
35 Total Sales
-
D
Buyer's Agent in 2021
David Zook
West USA Realty
-
Joanne Traynor
Seller's Agent in 2013
Joanne Traynor
HomeSmart
(480) 443-7400
1 in this area
12 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6149401
APN: 170-26-038
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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