NOT LISTED FOR SALE

3942 E Earll Dr Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $498,000 - $1,106,000

-- Bed
2 Baths
850 Sq Ft
$811/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $184,900 $218 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $3,722/month

39 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of July 2016

Huge value added opportunity! $500,000+ homes all around it! Rents can be increased significantly! Rents next door are $800 for same size units!! Or you can build on it! Near Arcadia and Camelback Corridor!

Last Agent to Sell the Property

Marla Wicks

Better Homes & Gardens Real Estate SJ Fowler License #SA535997000 Listed on: 05/16/2016

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Patrick O'Sullivan

Get Multifamily License #BR634211000

Last Buyer's Agent

Shelina Mandalia

Phoenix Urban Spaces License #SA656874000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,030

Year Built

  • Built in 1962

Lot Details

  • 6,752

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 130
  • Assessor Parcel Number 127-20-026-F

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRR
  • East Citrus Acres Plat A Subdivision

Building Details

  • Operating Expense $3,230
  • Gross Income $11,400
  • Net Operating Income $8,170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,030

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 40th Street and Earll Drive
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: capc01
  • Co List Office Phone: 480-409-1429
  • Subdivision Name: EAST CITRUS ACRES PLAT A
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking, Free, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 127-20-026-F

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 11400.0
  • Insurance Expense: 700.0
  • Maintenance Expense: 300.0
  • Property Net Operating Income: 8170.0
  • Annual Operating Expense: 3230.0

Tax Info

  • Tax Annual Amount: 1030.0
  • Tax Book Number: 127.00
  • Tax Lot: 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Glover Kevin and Glover Julie
Bought by
475 Holdings Llc
Current Estimated Value
$689,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Outstanding Balance
$364,341
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$324,678

Purchase Details

Closed on
Apr 26, 2021
Sold by
Mandalia Neetan
Bought by
Glover Kevin and Glover Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 16, 2016
Closed on
Jul 7, 2016
Sold by
Mandalia Tiffany
Bought by
Mandalia Neetan
Seller's Agent
Marla Wicks
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Shelina Mandalia
Phoenix Urban Spaces
List Price
$184,900
Sold Price
$184,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.92%
Original Mortgage
$57,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
475 Holdings Llc -- Boston National Ttl Agcy Llc
Glover Kevin $455,000 Valleywide Title Agency
Mandalia Neetan -- Chicago Title Agency Inc
Mandalia Neetan $184,900 Chicago Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 475 Holdings Llc $397,500
Previous Owner Glover Kevin $330,000
Previous Owner Mandalia Neetan $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2016 07/11/16 Sold $184,900 0.0% $218 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $184,900 0.0% $218 / Sq Ft
06/16/2016 06/16/16 Price Changed $184,900 0.0% $218 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $184,900 -- $218 / 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 $1,349 $9,984 -- --
2024 $1,283 $9,509 -- --
2023 $1,283 $37,660 $7,530 $30,130
2022 $1,233 $27,300 $5,460 $21,840
2021 $1,263 $25,770 $5,150 $20,620
2020 $1,232 $21,870 $4,370 $17,500
2019 $1,223 $17,530 $3,500 $14,030
2018 $1,198 $15,520 $3,100 $12,420
2017 $1,152 $13,380 $2,670 $10,710
2016 $1,107 $10,810 $2,160 $8,650
2015 $1,030 $9,380 $1,870 $7,510
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Marla Wicks

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image
  • Patrick O'Sullivan

    Seller Co-Listing Agent in 2016

    Patrick O'Sullivan

    Get Multifamily

    (602) 842-5050

    6 in this area

    29 Total Sales

    Patrick O'Sullivan
    Section Image

  • S

    Buyer's Agent in 2016

    Shelina Mandalia

    Phoenix Urban Spaces

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5443796

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-20-026F

Arizona Maricopa County Phoenix 85018 Camelback East Village

3942 E Earll Dr, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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