NOT LISTED FOR SALE

3943 E Monterosa St Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $585,000 - $2,135,000

-- Bed
2 Baths
1,499 Sq Ft
$764/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $151,000 $101 Per Sq Ft

Est. 659% increase in value since last sale

Current estimated payment $6,104/month

4 Days on Market

Highlights

  • Community Playground
  • Central Air
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of May 2013

What a Great Location, in Central Phoenix. The duplex is in a residential area and close to attractive commercial buildings. Each unit has 2 bedrooms and 1 bath with 750 square feet of living area. There is a small backyard for each unit. One of the units has a 2 car carport and the other a 1 car carport. There is a free washer/dryer for the tenants use. The duplex is on a large lot that is cared for by the tenants. The tenants have lived here for over 3 years with no rent increase. With 20% down all of the financial numbers are solid. Please don't bother the Tenants.
Thanks!!!!

Last Agent to Sell the Property

Thomas Kirwin

DeLex Realty License #SA522209000 Listed on: 05/14/2013

DeLex Realty

Last Buyer's Agent

Larry Harman

West USA Realty License #BR553299000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,977

Year Built

  • Built in 1959

Lot Details

  • 6,926

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Creighton Elementary School
  • Biltmore Preparatory Academy Middle School
  • Camelback High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 170-32-090

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6,930
  • Rancho Del Monte Unit 2 Subdivision

Recreation

  • Community Playground

Building Details

  • Gross Income $14,250
  • Net Operating Income $9,993

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,977

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 40th St. and Indian School Rd.
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1959
  • Tax Year: 2012
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: Rancho Del Monte Unit 2
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Other, Ceiling Fan(s), See Remarks
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Shutters2: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Annual Fuel Expense: 150.0
  • Trash Expense: 400.0
  • Annual Water Sewer Expense: 680.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Biltmore Preparatory Academy

Lot Info

  • Lot Size: 6,930
  • Additional Parcels: No
  • Parcel #: 170-32-090

Multi Family

  • Tenant Pays: Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Electric Expense: 150.0
  • Annual Gross Income: 14250.0
  • Insurance Expense: 550.0
  • Maintenance Expense: 250.0
  • Property Net Operating Income: 9993.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1977.0
  • Tax Book Number: 170.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2023
Sold by
Chapter 2 Llc
Bought by
Db Camelback Investments Llc
Current Estimated Value
$1,145,667

Purchase Details

Closed on
Dec 15, 2015
Sold by
Heliopolis Llc
Bought by
Chapter 2 Llc

Purchase Details

Listed on
May 14, 2013
Closed on
May 29, 2013
Sold by
Digiovanni Salvatore
Bought by
Heliopolis Llc
Seller's Agent
Thomas Kirwin
DeLex Realty
Buyer's Agent
Larry Harman
West USA Realty
List Price
$145,000
Sold Price
$151,000
Premium/Discount to List
$6,000
4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.60%

Purchase Details

Closed on
Jun 26, 2003
Sold by
Lewis Leroy H
Bought by
Digiovanni Salvatore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2002
Sold by
Schatz Donald P and Schatz Dawn M
Bought by
Lewis Leroy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2000
Sold by
Schatz Donald P
Bought by
Schatz Donald P and Schatz Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
11.75%

Purchase Details

Closed on
Nov 1, 1999
Sold by
Schatz Dawn M
Bought by
Schatz Donald P

Purchase Details

Closed on
Oct 28, 1999
Sold by
Salter Andrea W
Bought by
Schatz Donald P

Purchase Details

Closed on
Nov 4, 1997
Sold by
Salter Adele J and Salter Jr Revocable F Andrew W
Bought by
Salter Adele J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Db Camelback Investments Llc $1,875,000 Old Republic Title Agency
Chapter 2 Llc $485,000 Security Title Agency Inc
Heliopolis Llc $151,000 Chicago Title Agency Inc
Digiovanni Salvatore $165,000 Security Title Agency
Lewis Leroy H $154,000 Stewart Title & Trust
Schatz Donald P -- Capital Title Agency Inc
Schatz Donald P -- Nations Title Insurance
Schatz Donald P $125,000 Nations Title Insurance
Salter Adele J -- --
Salter Andrea W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Digiovanni Salvatore $132,000
Previous Owner Lewis Leroy H $138,600
Previous Owner Schatz Donald P $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $151,000 +4.1% $101 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $145,000 -- $97 / 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 $1,141 $8,447 $8,447 --
2024 $1,086 $8,045 $8,045 --
2023 $1,086 $56,565 $56,565 $0
2022 $1,043 $41,415 $41,415 $0
2021 $1,068 $41,790 $41,790 $0
2020 $1,042 $36,660 $36,660 $0
2019 $1,035 $11,145 $11,145 $0
2018 $1,014 $28,520 $5,700 $22,820
2017 $3,184 $26,350 $5,270 $21,080
2016 $3,061 $21,630 $4,320 $17,310
2015 $2,848 $19,460 $3,890 $15,570
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Thomas Kirwin

    DeLex Realty

    (602) 741-4043

    Thomas Kirwin
    Section Image

  • L

    Buyer's Agent in 2013

    Larry Harman

    West USA Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4936209

Arizona Regional Multiple Listing Service (ARMLS)

APN: 170-32-090

Arizona Maricopa County Phoenix 85018 Camelback East Village

3943 E Monterosa St, Phoenix, AZ

Not Listed for Sale

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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