NOT LISTED FOR SALE

4012 N 15th Ave Phoenix, AZ 85015

North Encanto Neighborhood
10 Beds
5 Baths
800 Sq Ft
1959 Built

Last Sold May 16, 2024

Last sale price $1,050,000 $1,312 Per Sq Ft

223 Days on Market

Highlights

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

About This Home

As of May 2024

4012 N 15th Ave is a 5-Unit apartment community built in 1959. Comprised 100% of spacious 2-Bed/1-Bath units, each of which boasts 800 sq ft of living space and vaulted ceilings. This block construction apartment building was extensively renovated in 2023. Interiors were remodeled with new flooring, cabinets, countertops, SS appliances, bathrooms/showers, plumbing, doors, and more. The exterior of the building was enhanced with all new paint/finishes, roof, desert landscaping, a newly rebuilt carport, electrical upgrades, two new HVAC units, and the addition of a shared community laundry space. Tenants also enjoy large private/gated back patios and covered parking spaces. All work was completed by a licensed general contractor and was recently inspected and approved by the City of Phoenix

Last Agent to Sell the Property

Bryce Neagle

ABI Multifamily License #SA692871000 Listed on: 07/24/2023

Co-Listed By

Andrew Arambula

ABI Multifamily License #SA688881000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 1959

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 5 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 2 / 2
  • Assessor Parcel Number 110-08-014

Community Details

Overview

  • 5 Units
  • Building Dimensions are 10723
  • Park Fairmont Amd Subdivision

Building Details

  • Operating Expense $2,414
  • Gross Income $96,000
  • Net Operating Income $74,744

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,414

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: North 15th Avenue & West Indian School Road
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: PARK FAIRMONT AMD
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Refrigerator, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: 1 Space/Unit, Carport
  • Attached Garage: No
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Electric, Individual
  • 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:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 10723
  • Additional Parcels: No
  • Parcel #: 110-08-014

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 5
  • Annual Gross Income: 96000.0
  • Property Net Operating Income: 74744.0
  • Annual Operating Expense: 2414.0
  • Vacancy Allowance Rate: 0.04

Tax Info

  • Tax Annual Amount: 2414.0
  • Tax Block: 2
  • Tax Book Number: 110.00
  • Tax Lot: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $1,050,000 -8.6% $1,313 / Sq Ft
04/25/2024 04/25/24 Price Changed $1,149,000 0.0% $1,436 / Sq Ft
04/25/2024 04/25/24 For Sale $1,149,000 0.0% $1,436 / Sq Ft
03/12/2024 03/12/24 Price Changed $1,149,000 0.0% $1,436 / Sq Ft
03/12/2024 03/12/24 For Sale $1,149,000 0.0% $1,436 / Sq Ft
01/25/2024 01/25/24 For Sale $1,149,000 +9.4% $1,436 / Sq Ft
01/25/2024 01/25/24 Off Market $1,050,000 -- --
01/16/2024 01/16/24 Price Changed $1,149,000 -0.1% $1,436 / Sq Ft
01/02/2024 01/02/24 Price Changed $1,149,999 0.0% $1,437 / Sq Ft
12/06/2023 12/06/23 Price Changed $1,150,000 -3.4% $1,438 / Sq Ft
11/27/2023 11/27/23 Price Changed $1,190,000 -0.4% $1,488 / Sq Ft
11/13/2023 11/13/23 Price Changed $1,195,000 -3.6% $1,494 / Sq Ft
11/06/2023 11/06/23 Price Changed $1,240,000 -0.8% $1,550 / Sq Ft
10/17/2023 10/17/23 Price Changed $1,250,000 -3.4% $1,563 / Sq Ft
08/28/2023 08/28/23 Price Changed $1,294,000 -0.1% $1,618 / Sq Ft
08/15/2023 08/15/23 Price Changed $1,295,000 -7.2% $1,619 / Sq Ft
07/25/2023 07/25/23 For Sale $1,395,000 -- $1,744 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bryce Neagle

    Seller's Agent in 2024

    Bryce Neagle

    ABI Multifamily

    (602) 714-1400

    1 in this area

    27 Total Sales

    Bryce Neagle
    Section Image
  • Andrew Arambula

    Seller Co-Listing Agent in 2024

    Andrew Arambula

    ABI Multifamily

    (602) 513-5200

    3 in this area

    51 Total Sales

    Andrew Arambula
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6584113

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85013 North Encanto

4012 N 15th Ave, Phoenix, AZ

This home is located at 4012 N 15th Ave, Phoenix, AZ 85015 since 24 July 2023. This property was built in 1959. 4012 N 15th Ave is a home located in Maricopa County with nearby schools including Clarendon Elementary School, Encanto Elementary School, and Osborn Middle School.

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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