Shawnee Doherty
United Real Estate Specialists
(623) 400-5944
42 Total Sales
4 in Camelback East Village
$245K - $655K Price Range
3629 E Turney Ave Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated Value: $1,269,000 - $1,651,883
6
Beds
--
Bath
3,419
Sq Ft
$417/Sq Ft
Est. Value
Highlights
- Community Barbecue Grill
- Ceramic Tile Flooring
- Heat Pump System
- Phoenix Coding Academy Rated A
About This Home
As of February 2021This fourplex offers an amazing opportunity in one of the hottest submarkets in all of
Phoenix. Located in the Arcadia area, this property sits in a quaint, quiet cul-de-sac of
awesome mid-century buildings. It is within walking distance / a quick bike ride
(slightly over a half mile) to the original locations of both La Grande Orange and
Postino, two of Arcadia's most popular destinations. It is also a short bike ride to the
original location of the Madison Improvement Club and other new trendy retail
developments like Campbell Commons (Chop Shop, Provision Coffee Bar) and
Arcadia Place (radi8 Hot Yoga, Arcadia Meat Market, Masterpiece Donuts and Coffee,
etc.). Being a 5-10 minute car ride to the Biltmore Fashion Park in one direction and
Old Town Scottsdale in the other, this property truly sits in the hottest location in the
nucleus of Phoenix, allowing residents to enjoy, with ease, so much of what Phoenix
has to offer. With many dining, shopping, and entertainment options, as well as
multiple freeway access points within minutes, this is an extremely desirable area in
which to live.
This investment offering consists of a great unit mix of half one-bedroom / one-bath
units and half two-bedroom / two-bath units. They are all individually metered for
electricity and one unit has its own in-suite laundry. The buildings in this cul-de-sac
exhibit amazing examples of the vintage, mid-century charm that is so popular today.
All four of the units have been remodeled and many capital improvements have been
done. All four units have operated both as Airbnb /short-term vacation rentals with a
proven track record of solid income, as well as traditional market rate apartments.
There are multiple other opportunities to add additional value to the investment
through further renovations and rental increases. This is truly a unique offering in an
incredible location where investment properties such as this rarely come available.
*Furnishings not included in this offering but are available per separate agreement*
Last Agent to Sell the Property
ABI Multifamily License #BR515118000 Listed on: 10/23/2020
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,658
Year Built
- Built in 1961
Lot Details
- 0.27
Home Design
- Wood Frame Construction
- Foam Roof
- Block Exterior
Flooring
- Concrete
- Ceramic Tile
Parking
- 4 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
- On-Street Parking
Schools
- Biltmore Preparatory Academy Elementary School
- Loma Linda Elementary Middle School
- Camelback High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 6
- Assessor Parcel Number 170-26-045
Community Details
Overview
- 4 Units
- Building Dimensions are 12,321 Survey Available
- Camelita Villa Subdivision
Amenities
- Community Barbecue Grill
Building Details
- Operating Expense $18,028
- Gross Income $74,038
- Net Operating Income $56,140
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 23, 2020
Closed on
Feb 2, 2021
Sold by
Bought by
Seller's Agent
Patrick Burch
ABI Multifamily
Buyer's Agent
Mary Jo Santistevan
SERHANT.
List Price
$1,100,000
Sold Price
$1,080,000
Premium/Discount to List
-$20,000
-1.82%
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
$345,721
Avg. Annual Appreciation
5.13%
Purchase Details
Listed on
Feb 21, 2019
Closed on
Oct 23, 2019
Sold by
Bought by
Seller's Agent
Patrick Burch
ABI Multifamily
Buyer's Agent
Justin Anderson
HomeSmart
List Price
$870,000
Sold Price
$831,633
Premium/Discount to List
-$38,367
-4.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.46%
Purchase Details
Closed on
Aug 15, 2018
Sold by
Bought by
Purchase Details
Closed on
Nov 15, 2013
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
$247,500
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 13, 2013
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
$247,500
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 24, 2005
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
$225,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Camelback East Village, AZ
-
Shawnee Doherty
-
Nicole Stevens
Nicole Stevens
Responds QuicklySERHANT.
(602) 960-8812
75 Total Sales
2 in Camelback East Village
$264K - $495K Price Range
-
Sally Scrimgeour
Sally Scrimgeour
eXp Realty
(612) 441-2500
183 Total Sales
1 in Camelback East Village
$795,000 Price
-
Colleen Luckey
Colleen Luckey
Responds QuicklyHomeSmart
(833) 930-1452
45 Total Sales
10 in Camelback East Village
$345K - $1.8M Price Range
-
Corina Lange
Corina Lange
W and Partners, LLC
(602) 786-5082
25 Total Sales
1 in Camelback East Village
$190,000 Price
-
Michelle Minik
Michelle Minik
Realty of America LLC
(623) 323-3484
313 Total Sales
1 in Camelback East Village
$462,000 Price
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 |
|---|---|---|---|
| $1,080,000 | First American Title Ins Co | ||
| $831,633 | American Title Svc Agcy Llc | ||
| -- | Landmark Ttl Assurance Agcy | ||
| -- | Pioneer Title Agency Inc | ||
| $330,000 | Pioneer Title Agency Inc | ||
| $350,000 | Russ Lyon Title Llc |
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 | $247,500 | ||
| Previous Owner | $247,500 | ||
| Previous Owner | $225,000 | ||
| Previous Owner | $100,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 02/09/2021 02/09/21 | Sold | $1,080,000 | -1.8% | $316 / Sq Ft | |
| 12/19/2020 12/19/20 | Pending | -- | -- | -- | |
| 10/23/2020 10/23/20 | For Sale | $1,100,000 | +32.3% | $322 / Sq Ft | |
| 10/28/2019 10/28/19 | Sold | $831,633 | -4.4% | $243 / Sq Ft | View Prior Sale |
| 10/28/2019 10/28/19 | Price Changed | $870,000 | 0.0% | $254 / Sq Ft | |
| 10/04/2019 10/04/19 | Pending | -- | -- | -- | |
| 07/30/2019 07/30/19 | For Sale | $870,000 | 0.0% | $254 / Sq Ft | |
| 06/11/2019 06/11/19 | Pending | -- | -- | -- | |
| 02/21/2019 02/21/19 | For Sale | $870,000 | -- | $254 / Sq Ft |
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 | $4,005 | $29,649 | ||
| 2024 | $3,810 | $28,237 | ||
| 2023 | $3,810 | $80,810 | $16,160 | $64,650 |
| 2022 | $3,661 | $61,480 | $12,290 | $49,190 |
| 2021 | $3,750 | $55,280 | $11,050 | $44,230 |
| 2020 | $3,658 | $48,400 | $9,680 | $38,720 |
| 2019 | $3,633 | $43,420 | $8,680 | $34,740 |
| 2018 | $3,558 | $38,170 | $7,630 | $30,540 |
| 2017 | $3,421 | $37,060 | $7,410 | $29,650 |
| 2016 | $3,288 | $30,360 | $6,070 | $24,290 |
| 2015 | $3,059 | $28,770 | $5,750 | $23,020 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Burch
Seller's Agent in 2021
Patrick Burch
ABI Multifamily
(520) 603-1768
10 in this area
29 Total Sales
-
John Klocek
Seller Co-Listing Agent in 2021
John Klocek
ABI Multifamily
(602) 639-0088
8 in this area
19 Total Sales
-
Mary Jo Santistevan
Buyer's Agent in 2021
Mary Jo Santistevan
SERHANT.
(480) 703-4085
14 in this area
246 Total Sales
-
J
Buyer's Agent in 2019
Justin Anderson
HomeSmart
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6151049
APN: 170-26-045
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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