NOT LISTED FOR SALE

4001 E Moreland St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $930,232

4 Beds
-- Bath
3,044 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $800,000 $263 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,942/month

2 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System

About This Home

As of December 2021

This property is on a large corner lot. It has nice curb appeal with low maintenance landscaping & decoative iron block wall. There is also extra storage units in the back. The units have been totally remodeled It has tile flooring, oak cabinets & recycled marble in the baths.

Last Agent to Sell the Property

Soyun Wong

Better Homes & Gardens Real Estate SJ Fowler License #SA658905000 Listed on: 11/06/2021

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Shawn Rogers

West USA Realty License #SA569673000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $848

Year Built

  • Built in 1963

Lot Details

  • 7,884

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • On-Street Parking
  • Assigned Parking

Additional Features

  • Ceramic Tile Flooring
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 29
  • Assessor Parcel Number 125-20-031

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7892
  • Whispering Sands Subdivision

Building Details

  • Operating Expense $7,796
  • Gross Income $40,449
  • Net Operating Income $32,653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$848

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 40th St & McDowell
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: M-H, R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2021
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: WHISPERING SANDS
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned, <1 Space Per Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Assigned: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7892
  • Additional Parcels: No
  • Parcel #: 125-20-031

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 40449.0
  • Insurance Expense: 1100.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 32653.0
  • Annual Operating Expense: 7796.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 848.0
  • Tax Book Number: 125.00
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2021
Closed on
Dec 6, 2021
Sold by
Dinh Nancy
Bought by
Grethen Stephanie and The Grethen Living Trust
Seller's Agent
Soyun Wong
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Shawn Rogers
West USA Realty
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Current Estimated Value
$930,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,232
Avg. Annual Appreciation
3.75%
Original Mortgage
$600,000
Outstanding Balance
$552,064
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$378,168

Purchase Details

Listed on
Oct 28, 2017
Closed on
Oct 27, 2017
Sold by
Kaipainen Lloyd and Kaipainen Lloyd
Bought by
Dinh Nancy
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.98%
Original Mortgage
$194,350
Interest Rate
3.78%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Mar 9, 2012
Closed on
Aug 7, 2012
Sold by
Huss Ann
Bought by
Kaipainen Lloyd
Seller's Agent
Stephen Lins
ROI Asset Management Solutions
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$65,000
Sold Price
$42,900
Premium/Discount to List
-$22,100
-34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.16%

Purchase Details

Listed on
Mar 9, 2012
Closed on
Aug 6, 2012
Sold by
Kaipainen Lois
Bought by
Kaipainen Lloyd
Seller's Agent
Stephen Lins
ROI Asset Management Solutions
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$65,000
Sold Price
$42,900
Premium/Discount to List
-$22,100
-34%

Purchase Details

Closed on
Sep 27, 2005
Sold by
Huss Ana C
Bought by
H & C Investment Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 24, 2004
Sold by
Huss Bradley L
Bought by
H & C Investment Holding Llc

Purchase Details

Closed on
Nov 5, 2003
Sold by
Huss Ana Camino and Huss Ana C
Bought by
Huss Bradley L

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
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2000
Sold by
Huss Bradley L
Bought by
Huss Bradley L and Huss Ana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.82%
Source: Public Records
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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
Grethen Stephanie $800,000 Magnus Title Agency Llc
Dinh Nancy $299,000 Chicago Title Agency Inc
Kaipainen Lloyd $42,900 Chicago Title Agency Inc
Huss Ana -- Chicago Title Agency Inc
Kaipainen Lloyd -- Chicago Title Agency Inc
Huss Ana -- Chicago Title Agency Inc
H & C Investment Holding Llc -- Fidelity Title
Huss Ana C -- Fidelity National Title
Huss Ana C -- Fidelity National Title
H & C Investment Holding Llc -- --
Huss Bradley L -- Fidelity National Title
Huss Bradley L -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grethen Stephanie $600,000
Previous Owner Dinh Nancy $194,350
Previous Owner Huss Ana C $50,000
Previous Owner Huss Ana C $175,000
Previous Owner Huss Bradley L $132,000
Previous Owner Huss Bradley L $73,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2021 12/09/21 Sold $800,000 -3.0% $263 / Sq Ft
11/06/2021 11/06/21 For Sale $825,000 +175.9% $271 / Sq Ft
10/27/2017 10/27/17 Sold $299,000 0.0% $98 / Sq Ft View Prior Sale
09/27/2017 09/27/17 For Sale $299,000 +597.0% $98 / Sq Ft
08/14/2012 08/14/12 Sold $42,900 -34.0% $14 / Sq Ft View Prior Sale
03/12/2012 03/12/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $65,000 -- $21 / 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 $929 $7,278 -- --
2024 $866 $6,931 -- --
2023 $866 $47,510 $9,500 $38,010
2022 $835 $30,980 $6,190 $24,790
2021 $848 $24,530 $4,900 $19,630
2020 $833 $20,250 $4,050 $16,200
2019 $830 $16,080 $3,210 $12,870
2018 $781 $14,080 $2,810 $11,270
2017 $749 $13,320 $2,660 $10,660
2016 $732 $7,750 $1,550 $6,200
2015 $687 $6,850 $1,370 $5,480
Source: Public Records

Agents Affiliated with this Home

  • Soyun Wong

    Seller's Agent in 2021

    Soyun Wong

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 334-7775

    3 in this area

    11 Total Sales

    Soyun Wong
    Section Image
  • Shawn Rogers

    Buyer's Agent in 2021

    Shawn Rogers

    West USA Realty

    (480) 313-7031

    11 in this area

    427 Total Sales

    Shawn Rogers
    Section Image

  • M

    Buyer Co-Listing Agent in 2021

    Michael Lee

    West USA Realty

    (480) 818-6848

    4 in this area

    25 Total Sales

    Michael Lee
    Section Image

  • L

    Seller's Agent in 2017

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image
  • Stephen Lins

    Seller's Agent in 2012

    Stephen Lins

    ROI Asset Management Solutions

    (602) 300-0753

    1 in this area

    11 Total Sales

    Stephen Lins
    Section Image

  • L

    Buyer's Agent in 2012

    Lois Kaipainen

    Income Property Shop

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6318948

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-20-031

Arizona Maricopa County Phoenix 85008 Camelback East Village

4001 E Moreland St, 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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