NOT LISTED FOR SALE

4002 N 23rd Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $564,000 - $682,000

-- Bed
-- Bath
2,542 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 10, 2012

Last sale price $89,999 $35 Per Sq Ft

Est. 592% increase in value since last sale

Current estimated payment $3,417/month

21 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of September 2012

TRI-PLEX in an easy to rent area! Nice quiet location on the south side of Indian School. Easy to maintain block building and landscaping. Back yards and carports. Tenants have their own electric meters.

Last Agent to Sell the Property

Joshua Gonzalez

Compass License #SA576867000 Listed on: 07/25/2012

Compass

Last Buyer's Agent

Marla Wicks

DeLex Realty License #SA537509000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,242

Year Built

  • Built in 1980

Lot Details

  • 8,451

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Schools

  • Alma Elementary School
  • Alhambra Traditional Middle School
  • Central High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 40
  • Assessor Parcel Number 110-03-011

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR
  • Gerardo Park Lots 11 39 Subdivision

Building Details

  • Operating Expense $1,242

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,242

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: 23rd Ave & Indian School Road
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2011
  • Directions: From Indian School Road head South on 23rd Ave. Property will be on the West side of the street. Address will show as 3902.
  • Road Surface Type: Dedicated Street
  • Subdivision Name: GERARDO PARK LOTS 11-39
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Alma Elementary School
  • High School: Central High School
  • Middle Or Junior School: Alhambra Traditional School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 110-03-011

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Operating Expense: 1241.8
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1241.8
  • Tax Book Number: 110.00
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2012
Closed on
Aug 30, 2012
Sold by
Entrust Freedom Llc
Bought by
Zhao Jianwu
Seller's Agent
Joshua Gonzalez
Compass
Buyer's Agent
Marla Wicks
DeLex Realty
List Price
$89,999
Sold Price
$89,999
Current Estimated Value
$623,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,001
Avg. Annual Appreciation
16.61%
Original Mortgage
$62,930
Outstanding Balance
$44,020
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$624,480

Purchase Details

Listed on
Jul 25, 2012
Closed on
Aug 20, 2012
Sold by
Tang Yi
Bought by
Zhao Jianwu
Seller's Agent
Joshua Gonzalez
Compass
Buyer's Agent
Marla Wicks
DeLex Realty
List Price
$89,999
Sold Price
$89,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,930
Outstanding Balance
$44,020
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$624,480

Purchase Details

Closed on
Sep 2, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Entrust Freedom Llc

Purchase Details

Closed on
Apr 27, 2010
Sold by
Gonzalez Alvaro and Gonzalez Concepcion
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 1, 2004
Sold by
Gray Clyde L and Gray Colleen M
Bought by
Powell Michael W and Powell Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7%
Mortgage Type
New Conventional
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
Zhao Jianwu $89,999 Great American Title Agency
Zhao Jianwu -- Great American Title Agency
Entrust Freedom Llc -- None Available
Federal Home Loan Mortgage Corporation $65,398 Security Title Agency
Powell Michael W $195,000 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Jianwu $62,930
Closed Zhao Jianwu $62,930
Previous Owner Powell Michael W $156,000
Closed Powell Michael W $29,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2012 09/10/12 Sold $89,999 0.0% $35 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $89,999 0.0% $35 / Sq Ft
05/16/2012 05/16/12 Rented $495 -10.0% --
05/10/2012 05/10/12 Under Contract -- -- --
01/11/2012 01/11/12 For Rent $550 -- --
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 $1,518 $10,570 -- --
2024 $1,526 $10,067 -- --
2023 $1,526 $35,820 $7,160 $28,660
2022 $1,502 $26,600 $5,320 $21,280
2021 $1,516 $23,070 $4,610 $18,460
2020 $1,458 $20,380 $4,070 $16,310
2019 $1,440 $17,210 $3,440 $13,770
2018 $1,329 $14,800 $2,960 $11,840
2017 $1,312 $13,320 $2,660 $10,660
2016 $1,257 $11,480 $2,290 $9,190
2015 $1,190 $9,600 $1,920 $7,680
Source: Public Records

Agents Affiliated with this Home

  • Joshua Gonzalez

    Seller's Agent in 2012

    Joshua Gonzalez

    Compass

    (602) 639-0644

    2 in this area

    41 Total Sales

    Joshua Gonzalez
    Section Image
  • Rodica Bartels

    Seller's Agent in 2012

    Rodica Bartels

    Century 21 Northwest

    (602) 448-5228

    3 in this area

    218 Total Sales

    Rodica Bartels
    Section Image

  • M

    Buyer's Agent in 2012

    Marla Wicks

    DeLex Realty

    Section Image
  • Cara Arnott

    Buyer's Agent in 2012

    Cara Arnott

    Century 21 Northwest

    (480) 438-8584

    19 Total Sales

    Cara Arnott
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4793814

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-03-011

Arizona Maricopa County Phoenix 85015 Alhambra

4002 N 23rd Ave, Phoenix, AZ

This home is located at 4002 N 23rd Ave, Phoenix, AZ 85015 since 25 July 2012 and is currently estimated at $623,000, approximately $245 per square foot. This property was built in 1980. 4002 N 23rd Ave is a home located in Maricopa County with nearby schools including Westwood Primary School, Choice Learning Academy, 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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