3739 E Montecito Ave Unit FRNT Phoenix, AZ 85018
Camelback East Village Neighborhood
--
Bed
--
Bath
4,300
Sq Ft
0.27
Acres
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of February 2017Amazing Arcadia area multifamily property. Well kept property in one of the best locations in town. 4 unit property made up of a 3 bed 2 bath single family home with 2 car garage, 2 bedroom unit and a duplex on the back of the property with two 1 bedroom units. Very well maintained property. 100% occupied at the time of the listing. Recently raised rents for great cash flow!
Last Agent to Sell the Property
Keller Williams Realty Phoenix License #SA645638000 Listed on: 11/21/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,192
Year Built
- Built in 1978
Lot Details
- Property fronts an alley
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Siding
Flooring
- Carpet
- Ceramic Tile
Parking
- 2 Open Parking Spaces
- 7 Parking Spaces
- 5 Covered Spaces
- Common or Shared Parking
Utilities
- Cooling Available
- Heating Available
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer
- Tax Lot unknown
- Assessor Parcel Number 170-26-022-V
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 11883
Building Details
- Operating Expense $9,406
- Gross Income $4,365
- Net Operating Income $34,116
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 10, 2022
Sold by
Phillips Shannon C
Bought by
Marvelous Phillips Family Trust
Current Estimated Value
Purchase Details
Listed on
Feb 28, 2017
Closed on
Feb 2, 2017
Sold by
Kapalua Investments Llc
Bought by
Phillips Shannon C
Seller's Agent
Timothy Redelsperger
Long Realty Uptown
Buyer's Agent
Timothy Redelsperger
Long Realty Uptown
Sold Price
$1,595
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$336,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 13, 2016
Sold by
Villela Jose and Villela Leticia
Bought by
Kapalua Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.64%
Mortgage Type
Commercial
Purchase Details
Closed on
May 9, 2007
Sold by
White Katy L
Bought by
Villela Jose and Villela Leticia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.18%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 8, 2002
Sold by
Draney Bill A
Bought by
White Katy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.12%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 10, 1995
Sold by
Draney Bill A
Bought by
Draney Bill A and Draney Living Trust
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $486,500 | Chicago Title Agency Inc | |
| Special Warranty Deed | $405,000 | First American Title Ins Co | |
| Warranty Deed | $565,000 | Fidelity National Title | |
| Warranty Deed | $360,000 | Stewart Title & Trust | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $336,000 | New Conventional | |
| Previous Owner | $300,000 | Commercial | |
| Previous Owner | $365,000 | Seller Take Back | |
| Previous Owner | $210,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2022 10/15/22 | Rented | $2,395 | 0.0% | -- |
| 09/28/2022 09/28/22 | Price Changed | $2,395 | -1.2% | $2 / Sq Ft |
| 09/27/2022 09/27/22 | Price Changed | $2,425 | -2.8% | $2 / Sq Ft |
| 09/12/2022 09/12/22 | Price Changed | $2,495 | -3.9% | $2 / Sq Ft |
| 08/23/2022 08/23/22 | For Rent | $2,595 | +18.2% | -- |
| 01/01/2021 01/01/21 | Rented | $2,195 | 0.0% | -- |
| 12/23/2020 12/23/20 | For Rent | $2,195 | 0.0% | -- |
| 12/22/2020 12/22/20 | Rented | $2,195 | 0.0% | -- |
| 11/25/2020 11/25/20 | For Rent | $2,195 | +83.7% | -- |
| 10/01/2019 10/01/19 | Rented | $1,195 | -40.1% | -- |
| 09/08/2019 09/08/19 | Price Changed | $1,995 | -4.8% | $1 / Sq Ft |
| 08/28/2019 08/28/19 | For Rent | $2,095 | +16.7% | -- |
| 12/20/2017 12/20/17 | Rented | $1,795 | 0.0% | -- |
| 12/11/2017 12/11/17 | Under Contract | -- | -- | -- |
| 12/01/2017 12/01/17 | Price Changed | $1,795 | -1.6% | $1 / Sq Ft |
| 11/25/2017 11/25/17 | Price Changed | $1,825 | -1.4% | $1 / Sq Ft |
| 10/30/2017 10/30/17 | For Rent | $1,850 | +16.0% | -- |
| 03/23/2017 03/23/17 | Rented | $1,595 | 0.0% | -- |
| 03/09/2017 03/09/17 | Price Changed | $1,595 | -5.9% | $1 / Sq Ft |
| 02/28/2017 02/28/17 | For Rent | $1,695 | 0.0% | -- |
| 02/03/2017 02/03/17 | Sold | $486,500 | -2.5% | $113 / Sq Ft |
| 12/12/2016 12/12/16 | Pending | -- | -- | -- |
| 12/08/2016 12/08/16 | For Sale | $499,000 | 0.0% | $116 / Sq Ft |
| 11/23/2016 11/23/16 | Pending | -- | -- | -- |
| 11/21/2016 11/21/16 | For Sale | $499,000 | -- | $116 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $3,742 | $28,785 | -- | -- |
| 2024 | $3,699 | $27,414 | -- | -- |
| 2023 | $3,699 | $82,430 | $16,480 | $65,950 |
| 2022 | $3,554 | $60,470 | $12,090 | $48,380 |
| 2021 | $3,641 | $56,580 | $11,310 | $45,270 |
| 2020 | $3,552 | $51,470 | $10,290 | $41,180 |
| 2019 | $3,527 | $46,670 | $9,330 | $37,340 |
| 2018 | $3,454 | $41,620 | $8,320 | $33,300 |
| 2017 | $3,321 | $35,070 | $7,010 | $28,060 |
| 2016 | $3,192 | $28,460 | $5,690 | $22,770 |
| 2015 | $2,970 | $26,760 | $5,350 | $21,410 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2022
Timothy Redelsperger
Long Realty Uptown
(602) 899-4640
4 in this area
17 Total Sales
-
F
Buyer's Agent in 2019
Faye Brown
HomeSmart
-
Seller's Agent in 2017
Casey Cuppy
Keller Williams Realty Phoenix
(602) 339-6071
4 in this area
89 Total Sales
-
Buyer's Agent in 2017
Caitlin Bronsky
eXp Realty
(480) 684-0800
13 in this area
125 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5527840
APN: 170-26-022V
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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