NOT LISTED FOR SALE

3746 W Dunlap Ave Phoenix, AZ 85051

North Mountain Village Neighborhood

Estimated Value: $458,736 - $813,000

-- Bed
4 Baths
825 Sq Ft
$760/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $216,000 $262 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $3,465/month

63 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of January 2016

Great opportunity to own 8 units (3740 and 3746) in Central Phoenix. 100% occupied. Professionally managed. Private patios, covered parking, desert landscaping. Buyers to verify all facts and figures. NO showings or tours without fully executed contract and opened escrow. Do not walk property. Drive-by only.

Last Agent to Sell the Property

Lisa Richardson

ROI Asset Management Solutions License #BR531022000 Listed on: 09/22/2015

Co-Listed By

Stephen Lins

ROI Asset Management Solutions License #BR623784000

Last Buyer's Agent

Donna Scovil

Century 21 Northwest License #SA047214000

Century 21 Northwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,387

Year Built

  • Built in 1964

Lot Details

  • 0.28

Home Design

  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 62
  • Assessor Parcel Number 149-39-065

Community Details

Overview

  • 4 Units
  • Building Dimensions are 80X150
  • Parkwood Subdivision Unit No. 2

Building Details

  • Net Operating Income $13,856

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,387

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: 37th AV/Dunlap AV
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1964
  • Tax Year: 2015
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 2596.0
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Subdivision Name: Parkwood Subdivision Unit No. 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Assigned, 1 Space/Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Trash Expense: 1227.0
  • Annual Water Sewer Expense: 2865.0

Schools

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

Lot Info

  • Lot Size: 80X150
  • Additional Parcels: No
  • Parcel #: 149-39-065

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Electric Expense: 39.0
  • Insurance Expense: 750.0
  • Maintenance Expense: 2633.0
  • Property Net Operating Income: 13856.0
  • Vacancy Allowance Rate: 0.08

Tax Info

  • Tax Annual Amount: 1387.0
  • Tax Book Number: 149.00
  • Tax Lot: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2017
Sold by
Lanini Erik
Bought by
Playa Dc Negro Properties Llc
Current Estimated Value
$626,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Outstanding Balance
$96,720
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$440,990

Purchase Details

Closed on
Sep 26, 2017
Sold by
Lanini Heidi
Bought by
Lanini Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Outstanding Balance
$96,720
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$440,990

Purchase Details

Closed on
Dec 19, 2016
Sold by
Lanini Erik
Bought by
Playa De Negro Properties Llc

Purchase Details

Listed on
Sep 22, 2015
Closed on
Dec 28, 2015
Sold by
Hofmann Rene and Hoffman Tracy
Bought by
Lanini Erik
Seller's Agent
Lisa Richardson
ROI Asset Management Solutions
Buyer's Agent
Donna Scovil
Century 21 Northwest
List Price
$249,900
Sold Price
$216,000
Premium/Discount to List
-$33,900
-13.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$162,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2011
Sold by
Murano Properties Az Llc
Bought by
Hofmann Rene and Hofmann Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2009
Sold by
Koren Property Llc
Bought by
Murano Earll Llc

Purchase Details

Closed on
Aug 11, 2009
Sold by
Sanchez Ricardo F Vazquez
Bought by
Koren Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
5.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2009
Sold by
Devazquez Paola Gomez
Bought by
Sanchez Ricardo F Vazquez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
5.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 29, 2005
Sold by
Sanchez Ricardo Vazquez
Bought by
C J E Apartments Llc

Purchase Details

Closed on
Feb 19, 2005
Sold by
Callis D Michael and Callis Marsha L
Bought by
Sanchez Ricardo Vazquez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
5.65%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 25, 2005
Sold by
Vazquez Paola Gomez
Bought by
Sanchez Ricardo Vazquez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
5.65%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 6, 2002
Sold by
Patton Robert W and Patton Patricia A
Bought by
Callis D Michael and Callis Marsha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1995
Sold by
Formoso Peter and Formoso Aurelya
Bought by
Patton Robert W and Patton Patricia A

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
7.37%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Playa Dc Negro Properties Llc -- Accommodation
Lanini Erik -- Dhi Title Agency
Lanini Erik -- Dhi Title Agency
Playa De Negro Properties Llc -- None Available
Lanini Erik $216,000 Chicago Title Agency Inc
Hofmann Rene $140,000 Chicago Title
Murano Earll Llc $125,000 Security Title Agency
Koren Property Llc $70,000 Greystone Title Agency
Sanchez Ricardo F Vazquez -- None Available
Sanchez Ricardo F Vazquez -- None Available
C J E Apartments Llc -- Camelback Title Agency Llc
Sanchez Ricardo Vazquez $336,000 Capital Title Agency Inc
Sanchez Ricardo Vazquez -- Capital Title Agency Inc
Callis D Michael $187,000 Capital Title Agency Inc
Patton Robert W $100,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanini Erik $169,000
Previous Owner Lanini Erik $162,000
Previous Owner Hofmann Rene $105,000
Previous Owner Koren Property Llc $54,000
Previous Owner Sanchez Ricardo Vazquez $33,600
Previous Owner Callis D Michael $149,600
Previous Owner Patton Robert W $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $216,000 -13.6% $262 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $249,900 -- $303 / 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 $1,709 $13,973 -- --
2024 $1,678 $13,308 -- --
2023 $1,678 $49,700 $9,940 $39,760
2022 $1,623 $33,150 $6,630 $26,520
2021 $1,644 $30,700 $6,140 $24,560
2020 $1,603 $25,870 $5,170 $20,700
2019 $1,574 $23,000 $4,600 $18,400
2018 $1,533 $19,170 $3,830 $15,340
2017 $1,525 $17,030 $3,400 $13,630
2016 $1,497 $17,670 $3,530 $14,140
2015 $1,387 $14,730 $2,940 $11,790
Source: Public Records

Agents Affiliated with this Home

  • Lisa Richardson

    Seller's Agent in 2016

    Lisa Richardson

    ROI Asset Management Solutions

    (602) 770-8063

    3 in this area

    13 Total Sales

    Lisa Richardson
    Section Image
  • Stephen Lins

    Seller Co-Listing Agent in 2016

    Stephen Lins

    ROI Asset Management Solutions

    (602) 300-0753

    2 in this area

    11 Total Sales

    Stephen Lins
    Section Image
  • Donna Scovil

    Buyer's Agent in 2016

    Donna Scovil

    Century 21 Northwest

    (623) 329-0665

    2 in this area

    51 Total Sales

    Donna Scovil
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5337733

Arizona Regional Multiple Listing Service (ARMLS)

APN: 149-39-065

Arizona Maricopa County Phoenix 85051 North Mountain Village

3746 W Dunlap Ave, Phoenix, AZ

This home is located at 3746 W Dunlap Ave, Phoenix, AZ 85051 since 22 September 2015 and is currently estimated at $626,934, approximately $759 per square foot. This property was built in 1964. 3746 W Dunlap Ave is a home located in Maricopa County with nearby schools including Cactus Wren Elementary School, Cholla 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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