NOT LISTED FOR SALE

3735 E Polk St Phoenix, AZ 85008

Central City Neighborhood

Estimated Value: $288,000 - $316,000

Studio
-- Bath
960 Sq Ft
$317/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2017

Last sale price $89,500 $93 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $1,687 / mo

50 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of January 2017

PERFECT INVESTMENT PROPERTY. Recently remodeled. Long term tenants in place. Tile throughout both units. Newer Stucco, A/C'S, 20-YR SHINGLE ROOFS, DUAL-PANE WINDOWS, NEW COPPER PLUMB & ELEC T/OUT. REAR of property HAS NEW BLOCK WALL. GREAT INVESTMENT! Fully occupied.

Last Agent to Sell the Property

Andrew Hoyt

HomeSmart Premier License #BR567085000 Listed on: 11/14/2016

HomeSmart Premier

Last Buyer's Agent

Adam Buck

The Offer Company License #SA658612000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $348

Year Built

  • Built in 1950

Lot Details

  • 6,011

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Camelback High School

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV, landscaping
  • Tax Lot 9
  • Assessor Parcel Number 121-14-013

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6027

Building Details

  • Operating Expense $348
  • Gross Income $9,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$348

Year Built

Built in 1950

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Cross Street: 40th St. & Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Other
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 6027
  • Additional Parcels: No
  • Parcel #: 121-14-013

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 9540.0
  • Annual Operating Expense: 348.0

Tax Info

  • Tax Annual Amount: 348.0
  • Tax Book Number: 121.00
  • Tax Lot: 9

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
Nov 14, 2016
Closed on
Jan 30, 2017
Sold by
Bought by
Seller's Agent
Andrew Hoyt
HomeSmart Premier
Buyer's Agent
Adam Buck
The Offer Company
List Price
$94,900
Sold Price
$89,500
Premium/Discount to List
-$5,400
-5.69%
Current Estimated Value
$304,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,104
Avg. Annual Appreciation
13.95%
Original Mortgage
$76,075
Outstanding Balance
$63,197
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$241,407

Purchase Details

Closed on
Mar 19, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 2007
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
$126,650
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 1995
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
$48,700
Interest Rate
7.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 12, 1988
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$89,500 Driggs Title Agency Inc
-- Driggs Title Agency Inc
$25,000 Stewart Title & Trust Of Pho
-- Lsi Title Company
$136,291 None Available
$149,000 Security Title Agency Inc
$75,000 None Available
$50,000 United Title Agency
-- --
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
Open $76,075
Previous Owner $126,650
Previous Owner $48,700
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
01/31/2017 01/31/17 Sold $89,500 -5.7% $93 / Sq Ft
01/03/2017 01/03/17 Pending -- -- --
11/14/2016 11/14/16 For Sale $94,900 -- $99 / 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 $441 $3,455 -- --
2024 $411 $3,290 -- --
2023 $411 $18,210 $3,640 $14,570
2022 $396 $13,430 $2,680 $10,750
2021 $403 $11,250 $2,250 $9,000
2020 $395 $9,270 $1,850 $7,420
2019 $394 $7,260 $1,450 $5,810
2018 $371 $5,910 $1,180 $4,730
2017 $356 $5,870 $1,170 $4,700
2016 $348 $4,570 $910 $3,660
2015 $326 $3,320 $660 $2,660
Source: Public Records

Agents Affiliated with this Home

  • Andrew Hoyt

    Seller's Agent in 2017

    Andrew Hoyt

    HomeSmart Premier

    (480) 789-9217

    49 Total Sales

    Andrew Hoyt
    Section Image

  • A

    Buyer's Agent in 2017

    Adam Buck

    The Offer Company

    (480) 589-3921

    1 in this area

    37 Total Sales

    Adam Buck
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5524857

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-14-013

Arizona Maricopa County Phoenix 85008 Central City

3735 E Polk St, Phoenix, AZ

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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