Seller's Agent in 2014
Natan Jacobs
Vestis Group
(480) 440-4403
5 in this area
28 Total Sales
3728 E Monterosa St Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated Value: $1,520,000 - $2,367,097
2
Beds
--
Bath
3,323
Sq Ft
$568/Sq Ft
Est. Value
Highlights
- Heated Community Pool
- Shuffleboard Court
- Community Barbecue Grill
- Phoenix Coding Academy Rated A
- Cooling Available
- Stone Flooring
About This Home
As of July 2014MODE Arcadia Apartments is an 8-unit, garden-style multifamily community located in the sought after Arcadia neighborhood of Phoenix, near the Arizona Biltmore, Biltmore Fashion Park and Camelback Corridor. Built in 1964 and renovated in 2014, MODE Arcadia Apartments is comprised of 8 two-bedroom units averaging 844 square feet. The buildings are constructed of block with flat roofs. Amenities include in-suite washer & dryer, grilling station, bocci ball court, pool, desert landscaping and covered parking. The property is individually metered for electricity and master metered for water. The property owner is responsible for the cost of water, sewer, and trash pickup, and the residents are responsible for the cost of electricity in their units, including the cost of heating and A/C.
Last Agent to Sell the Property
Vestis Group License #BR525576000 Listed on: 05/03/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,404
Year Built
- Built in 1964
Lot Details
- 0.41
Home Design
- Brick Exterior Construction
- Built-Up Roof
- Foam Roof
- Block Exterior
- Stucco
Flooring
- Stone
- Concrete
Parking
- 8 Parking Spaces
- 8 Covered Spaces
- Common or Shared Parking
- Assigned Parking
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer, landscaping, pool/spa maintenance
- Tax Lot 7
- Assessor Parcel Number 170-31-012-C
Community Details
Overview
- 2 Buildings
- 8 Units
- Building Dimensions are 220 x 78
- Pasadena Tract Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Shuffleboard Court
- Heated Community Pool
Building Details
- Operating Expense $30,317
- Gross Income $107,184
- Net Operating Income $77,267
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2014
Closed on
Jun 10, 2014
Sold by
3728 East Monterosa Apartments Llc
Bought by
Drala Llc
Seller's Agent
Natan Jacobs
Vestis Group
Buyer's Agent
Erica Rodgers
Citiea
List Price
$1,075,000
Sold Price
$1,064,800
Premium/Discount to List
-$10,200
-0.95%
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
$821,224
Avg. Annual Appreciation
5.02%
Purchase Details
Closed on
Jul 1, 2013
Sold by
Baylin Noah and Baylin Lylia
Bought by
3728 East Monterosa Apartments Llc
Purchase Details
Closed on
Sep 18, 2003
Sold by
Baylin Bertrand and Baylin Dorothy L
Bought by
Baylin Noah and Baylin Lylia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 25, 1999
Sold by
Baylin Bertrand and Baylin Dorothy L
Bought by
Baylin Bertrand and Baylin Dorothy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,900
Interest Rate
7.62%
Purchase Details
Closed on
Sep 30, 1997
Sold by
Baylin Bertrand and Baylin Dorothy L
Bought by
Baylin Bertrand and Baylin Dorothy L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Drala Llc | $1,064,800 | First American Title Ins Co | |
| 3728 East Monterosa Apartments Llc | $400,000 | Magnus Title Agency | |
| Baylin Noah | -- | Fidelity National Title | |
| Baylin Bertrand | -- | North American Title Agency | |
| Baylin Bertrand | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Baylin Noah | $268,000 | |
| Previous Owner | Baylin Bertrand | $186,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/18/2014 07/18/14 | Sold | $1,064,800 | -0.9% | $320 / Sq Ft |
| 05/16/2014 05/16/14 | Pending | -- | -- | -- |
| 05/02/2014 05/02/14 | For Sale | $1,075,000 | -- | $324 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $6,198 | $45,884 | -- | -- |
| 2024 | $5,896 | $43,699 | -- | -- |
| 2023 | $5,896 | $134,180 | $26,830 | $107,350 |
| 2022 | $5,665 | $100,930 | $20,180 | $80,750 |
| 2021 | $5,803 | $90,180 | $18,030 | $72,150 |
| 2020 | $5,662 | $79,600 | $15,920 | $63,680 |
| 2019 | $5,622 | $72,270 | $14,450 | $57,820 |
| 2018 | $5,506 | $62,980 | $12,590 | $50,390 |
| 2017 | $5,293 | $58,410 | $11,680 | $46,730 |
| 2016 | $5,089 | $48,930 | $9,780 | $39,150 |
Source: Public Records
Agents Affiliated with this Home
-
Natan Jacobs
-
Erica Rodgers
Buyer's Agent in 2014
Erica Rodgers
Citiea
(623) 388-7581
42 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5109803
APN: 170-31-012C
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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