NOT LISTED FOR SALE

3942 W Sherman St Phoenix, AZ 85009

Estrella Village Neighborhood

Estimated Value: $265,964 - $435,000

-- Bed
2 Baths
989 Sq Ft
$348/Sq Ft Est. Value

Last Sold November 07, 2018

Last sale price $275,000 $278 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,850/month

97 Days on Market

Highlights

  • Evaporated cooling system
  • Vinyl Flooring
  • 2-minute walk to Smith Park
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of November 2018

DO NOT DISTURB OCCUPANTS This wonderful property is being sold with parcel # 106-20-049. each parcel is a Duplex. They share 1 water meter. Seller recently remodeled 3 units. 1 is not remodeled All units have tenants. Great income property at a great price. tile flooring, redone cabinetry, bathrooms, counter tops. Please call LA with any questions.
Property to be sold as is

Last Agent to Sell the Property

Josefina Partida

Networth Realty of Phoenix License #SA666357000 Listed on: 07/09/2018

Last Buyer's Agent

Ricardo Llamas

Equity Realty Group, LLC License #SA584601000

Equity Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $284

Year Built

  • Built in 1962

Lot Details

  • 6,098

Home Design

  • Built-Up Roof
  • Block Exterior

Utilities

  • Evaporated cooling system
  • Heating Available

Additional Features

  • Vinyl Flooring
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, landscaping
  • Legal Lot and Block 3 / 11
  • Assessor Parcel Number 106-20-051

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 6100
  • Homedale 13 To 18 Subdivision

Building Details

  • Operating Expense $5,004
  • Net Operating Income $831

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$284

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2017
  • Directions: 41st Ave and Buckeye
  • Road Surface Type: Concrete
  • Professional Management Expense: 1560.0
  • Subdivision Name: HOMEDALE 13 TO 18
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Fee Information

  • Annual Water Sewer Expense: 2160.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6100
  • Additional Parcels: Yes
  • Parcel #: 106-20-051

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 831.0
  • Annual Operating Expense: 5004.0

Tax Info

  • Tax Annual Amount: 284.0
  • Tax Block: 11
  • Tax Book Number: 106.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
Villalobos Jesus M Guzman
Bought by
Villalobos Jesus M Guzman and Guadian Olga Patricia
Current Estimated Value
$343,741

Purchase Details

Listed on
Jul 9, 2018
Closed on
Nov 15, 2018
Sold by
Guadiam Olga P Alvarado
Bought by
Villalobos Jesus M Guzman
Seller's Agent
Josefina Partida
Networth Realty of Phoenix
Buyer's Agent
Ricardo Llamas
Equity Realty Group, LLC
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$103,125
Outstanding Balance
$90,678
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$253,063

Purchase Details

Listed on
Jul 9, 2018
Closed on
Oct 25, 2018
Sold by
Cruz Juan Pablo and Velazquez Alejandro
Bought by
Villalobos Jesus M Guzman
Seller's Agent
Josefina Partida
Networth Realty of Phoenix
Buyer's Agent
Ricardo Llamas
Equity Realty Group, LLC
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,125
Outstanding Balance
$90,678
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$253,063

Purchase Details

Listed on
Aug 22, 2017
Closed on
Sep 25, 2017
Sold by
Cruz Juan Pablo and Lopez Yaneth
Bought by
Cruz Juan Pablo
Seller's Agent
Denis Belusic
Venture REI, LLC
Buyer's Agent
Jose De Anda
HomeSmart
List Price
$105,000
Sold Price
$90,000
Premium/Discount to List
-$15,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
171.09%
Original Mortgage
$144,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2005
Sold by
Walke Thomas C and Walke Annette
Bought by
Mendoza Luciano R and Mendoza Maria Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 15, 2004
Sold by
Quinones Gregorio
Bought by
Walke Thomas C and Walke Annette

Purchase Details

Closed on
May 5, 2001
Sold by
Scelza Joseph and Fallon Gerard
Bought by
Quinones Gregorio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 1998
Sold by
Scelza Patricia
Bought by
Scelza Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.84%
Source: Public Records

Range of Values:

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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
Villalobos Jesus M Guzman -- None Available
Villalobos Jesus M Guzman -- Driggs Title Agency Inc
Villalobos Jesus M Guzman $137,500 Driggs Title Agency Inc
Cruz Juan Pablo -- Fidelity National Title Agen
Cruz Juan Pablo $180,000 Fidelity National Title Agen
The District Phx Llc $160,000 Fidelity National Title Agen
Mendoza Luciano R $134,000 Transnation Title
Walke Thomas C $59,000 Capital Title Agency Inc
Quinones Gregorio $55,000 North American Title Agency
Scelza Joseph -- Fidelity Title
Scelza Joseph -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villalobos Jesus M Guzman $103,125
Closed Villalobos Jesus M Guzman $103,125
Previous Owner Cruz Juan Pablo $144,000
Previous Owner Mendoza Luciano R $67,000
Previous Owner Quinones Gregorio $49,500
Previous Owner Scelza Joseph $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2018 11/07/18 Sold $275,000 -3.5% $278 / Sq Ft
10/14/2018 10/14/18 Pending -- -- --
09/19/2018 09/19/18 Price Changed $284,900 -1.7% $288 / Sq Ft
07/09/2018 07/09/18 For Sale $289,900 +222.1% $293 / Sq Ft
09/25/2017 09/25/17 Sold $90,000 -9.1% $91 / Sq Ft View Prior Sale
09/14/2017 09/14/17 Pending -- -- --
09/04/2017 09/04/17 Price Changed $99,000 -5.7% $100 / Sq Ft
08/22/2017 08/22/17 For Sale $105,000 -- $106 / 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 $340 $2,801 -- --
2024 $323 $2,667 -- --
2023 $323 $17,500 $3,500 $14,000
2022 $319 $12,300 $2,460 $9,840
2021 $318 $11,520 $2,300 $9,220
2020 $313 $8,510 $1,700 $6,810
2019 $307 $6,830 $1,360 $5,470
2018 $302 $5,500 $1,100 $4,400
2017 $284 $5,920 $1,180 $4,740
2016 $271 $4,120 $820 $3,300
2015 $248 $2,960 $590 $2,370
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Josefina Partida

    Networth Realty of Phoenix

    Section Image
  • Ricardo Llamas

    Buyer's Agent in 2018

    Ricardo Llamas

    Equity Realty Group, LLC

    (602) 882-4840

    1 in this area

    5 Total Sales

    Ricardo Llamas
    Section Image

  • D

    Seller's Agent in 2017

    Denis Belusic

    Venture REI, LLC

    (480) 229-1517

    18 Total Sales

    Denis Belusic
    Section Image

  • J

    Buyer's Agent in 2017

    Jose De Anda

    HomeSmart

    (623) 271-8820

    5 in this area

    25 Total Sales

    Jose De Anda
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5791975

Arizona Regional Multiple Listing Service (ARMLS)

APN: 106-20-051

Arizona Maricopa County Phoenix 85009 Estrella Village

3942 W Sherman St, Phoenix, AZ

This home is located at 3942 W Sherman St, Phoenix, AZ 85009 since 09 July 2018 and is currently estimated at $343,741, approximately $347 per square foot. This property was built in 1962. 3942 W Sherman St is a home located in Maricopa County with nearby schools including Kings Ridge Preparatory Academy, Carl Hayden High School, and Phoenix Coding Academy.

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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