NOT LISTED FOR SALE

3629 W Dunlap Ave Phoenix, AZ 85051

North Mountain Village Neighborhood

Estimated Value: $371,421 - $498,000

-- Bed
-- Bath
2,048 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $115,000 $56 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $2,370/month

3 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Ceramic Tile Flooring

About This Home

As of August 2014

Great investment on this updated duplex in a very desirable location, always rented. These units are 2 bedroom 1 bath and over a 1000 sq ft each. These units are projected to show a CAP rate of over 7%.Rents are $15,600 per year less a vacancy rate of 10% ($1560.) Total expenses should be $4893.00. This should leave net operating income of over $9,000.00.

Last Agent to Sell the Property

Joe Ackerman

ProSmart Realty License #SA641405000 Listed on: 07/28/2014

Last Buyer's Agent

Robert Rudder

HomeSmart License #BR516004000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $689

Year Built

  • Built in 1964

Home Design

  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 2 Parking Spaces
  • Carport

Schools

  • Washington Elementary School
  • Palo Verde Middle School
  • Washington High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 134
  • Assessor Parcel Number 150-19-135

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7177 Sq Ft
  • Wishing Well Village Subdivision

Building Details

  • Operating Expense $4,999
  • Net Operating Income $9,147

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$689

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: 35th Ave And Dunlap.
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: MM
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2013
  • Directions: Dunlap Ave and 35th Ave From Dunlap and 35th Ave Turn west 1.5 Block, building will be on left.
  • Road Surface Type: Concrete
  • Professional Management Expense: 1560.0
  • Subdivision Name: Wishing Well Village
  • Cooling:Ceiling Fan(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Add'l Parking Avail, Carport
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 400.0
  • Annual Water Sewer Expense: 800.0

Schools

  • Elementary School: Washington Elementary School
  • High School: Washington High School
  • Middle Or Junior School: Palo Verde School

Lot Info

  • Lot Size: 7177 Sq Ft
  • Additional Parcels: No
  • Parcel #: 150-19-135

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Insurance Expense: 750.0
  • Maintenance Expense: 800.0
  • Property Net Operating Income: 9147.0
  • Annual Operating Expense: 4999.2
  • Vacancy Allowance Rate: 0.04

Tax Info

  • Tax Annual Amount: 689.2
  • Tax Book Number: 150.00
  • Tax Lot: 134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2014
Closed on
Jul 31, 2014
Sold by
Joy Grace Holdings Lllp
Bought by
Equity Trust Co
Seller's Agent
Joe Ackerman
ProSmart Realty
Buyer's Agent
Robert Rudder
HomeSmart
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Current Estimated Value
$432,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,355
Avg. Annual Appreciation
12.70%

Purchase Details

Closed on
Oct 25, 2012
Sold by
Klugman Eddie and Klugman Lois Elaine
Bought by
Joy Grace Holdings Lllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 7, 2012
Sold by
Klugman Kristy J
Bought by
Klugman Scott C

Purchase Details

Closed on
Jun 12, 2009
Sold by
Klugman Eddie and Klugman Lois Elaine
Bought by
Klugman Scott C and Scott C Klugman Revocable Trust

Purchase Details

Closed on
Apr 21, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Klugman Eddie

Purchase Details

Closed on
Jan 5, 2009
Sold by
Ramirez Martin
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 5, 2005
Sold by
Jagic Marinko and Jagic Advija
Bought by
Ramirez Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2004
Sold by
Zayas Maria
Bought by
Jagic Marinko and Jagic Advija

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
7.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2002
Sold by
Sanzio Teresa M and Sanzio Eugene T
Bought by
Sanzio Eugene T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2002
Sold by
Sanzio Eugene T
Bought by
Zayas Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 1996
Sold by
Olson Vera J and Sanzio Vera J
Bought by
Sanzio Eugene T

Purchase Details

Closed on
Jul 20, 1995
Sold by
Sanzio Vera J
Bought by
Olson Vera J and Sanzio Vera J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Equity Trust Co $115,000 First American Title Ins Co
Joy Grace Holdings Lllp $100,000 Empire West Title Agency
Klugman Scott C -- None Available
Klugman Scott C -- None Available
Klugman Eddie $60,000 North American Title Company
Deutsche Bank National Trust Company $154,186 Security Title Agency
Ramirez Martin $215,000 Westland Title Agency
Jagic Marinko $147,000 Grand Canyon Title Agency In
Sanzio Eugene T -- Old Republic Title Agency
Sanzio Eugene T -- Old Republic Title Agency
Zayas Maria $109,000 Old Republic Title Agency
Sanzio Eugene T -- --
Olson Vera J -- --
Olson Vera J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joy Grace Holdings Lllp $70,000
Previous Owner Ramirez Martin $172,000
Previous Owner Jagic Marinko $117,600
Previous Owner Zayas Maria $87,200
Closed Zayas Maria $16,350
Closed Jagic Marinko $29,400
Closed Ramirez Martin $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $115,000 -8.0% $56 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $125,000 -- $61 / 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 $1,039 $8,492 -- --
2024 $1,020 $8,088 -- --
2023 $1,020 $30,260 $6,050 $24,210
2022 $987 $20,320 $4,060 $16,260
2021 $999 $19,250 $3,850 $15,400
2020 $974 $16,470 $3,290 $13,180
2019 $956 $14,600 $2,920 $11,680
2018 $931 $12,230 $2,440 $9,790
2017 $927 $10,410 $2,080 $8,330
2016 $910 $10,410 $2,080 $8,330
2015 $843 $8,730 $1,740 $6,990
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Joe Ackerman

    ProSmart Realty

    Section Image

  • R

    Buyer's Agent in 2014

    Robert Rudder

    HomeSmart

    (623) 889-7100

    6 Total Sales

    Robert Rudder
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5150086

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-19-135

Arizona Maricopa County Phoenix 85051 North Mountain Village

3629 W Dunlap Ave, Phoenix, AZ

This home is located at 3629 W Dunlap Ave, Phoenix, AZ 85051 since 28 July 2014 and is currently estimated at $432,355, approximately $211 per square foot. This property was built in 1964. 3629 W Dunlap Ave is a home located in Maricopa County with nearby schools including Manzanita Elementary School, Palo Verde Middle School, and Cortez High School.

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

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