NOT LISTED FOR SALE

4103 E Moreland St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $772,000 - $1,171,000

4 Beds
-- Bath
3,144 Sq Ft
$321/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $1,060,000 $337 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,433/month

40 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

As of October 2023

4-unit apartment property that offers thoughtfully designed, spacious two-bed/ one-bath apartments. 3 of the 4 units are occupied with the forth being retained vacant to accommodate a possible owner-occupied investment opportunity. No expense was spared on the recent interior and exterior renovations (more than $220K of capital improvements). The interiors feature an open concept living room and kitchen with contemporary finishes, LED lighting, front load washer dryers, dual vanity bathrooms with tiled walk-in showers, and new plumbing both in-unit and mainline. Exterior improvements include new Low-E dual pane windows, stucco, facia, modern landscape design, and covered parking. The property also has a 30, 000 kWh warrantied solar system (prepaid) that offsets much of the tenant's bills.

Last Agent to Sell the Property

Dallin Hammond

ABI Multifamily License #SA677560000 Listed on: 08/16/2023

Last Buyer's Agent

Kelly Khalil

Redfin Corporation License #SA657673000

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $904

Year Built

  • Built in 1963

Lot Details

  • 7,710

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces

Additional Features

  • Vinyl Flooring
  • Cooling Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, landscaping
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 36
  • Assessor Parcel Number 125-20-038

Community Details

Overview

  • 4 Units
  • Building Dimensions are 81.96x94.38x83.84x94.35
  • Whispering Sands Subdivision

Building Details

  • Operating Expense $904
  • Gross Income $82,316
  • Net Operating Income $69,582

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$904

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: WHISPERING SANDS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Master Meter, Solar
  • Cooling Y N: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 81.96x94.38x83.84x94.35
  • Additional Parcels: No
  • Parcel #: 125-20-038

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 82315.6
  • Property Net Operating Income: 69582.0
  • Annual Operating Expense: 904.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 904.0
  • Tax Book Number: 125.00
  • Tax Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Oct 25, 2023
Sold by
40Th Street Investments Llc
Bought by
Weitze Cassandra and Weitze Doris
Seller's Agent
Dallin Hammond
ABI Multifamily
Buyer's Agent
Kelly Khalil
Redfin Corporation
List Price
$1,150,000
Sold Price
$1,060,000
Premium/Discount to List
-$90,000
-7.83%
Views
20
Current Estimated Value
$1,008,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,101
Avg. Annual Appreciation
0.53%
Original Mortgage
$795,000
Outstanding Balance
$783,782
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$286,531

Purchase Details

Closed on
Nov 8, 2021
Sold by
Green Home Rentals Llc
Bought by
40Th Street Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,831,420
Interest Rate
3.01%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 5, 2016
Closed on
Sep 1, 2016
Sold by
Geer Howard
Bought by
Green Home Rentals Llc
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
$229,000
Sold Price
$125,000
Premium/Discount to List
-$104,000
-45.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.01%
Original Mortgage
$100,000
Interest Rate
3.45%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 16, 2009
Sold by
Haddad Lana
Bought by
Haddad Fadi

Purchase Details

Closed on
Aug 4, 2009
Sold by
Enney David
Bought by
Geer Howard

Purchase Details

Closed on
Aug 16, 2006
Sold by
Good Neighbor Llc
Bought by
Enney David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 26, 2004
Sold by
Nicholson Joanna C
Bought by
Good Neighbor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 29, 2004
Sold by
Nicholson Christopher S
Bought by
Nicholson Joanna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 25, 2004
Sold by
Boanca Daniel
Bought by
Nicholson Joanna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 1, 2003
Sold by
Boanca Claudia C
Bought by
Boanca Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 2003
Sold by
Pescador Pablo R and Pescador Candelaria A
Bought by
Boanca Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 7, 1998
Sold by
Rios Elsa R and Rios William A
Bought by
Pescador Pablo R and Pescador Candelaria A
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
Weitze Cassandra $1,060,000 Chicago Title Agency
40Th Street Investments Llc $1,890,000 Commonwealth Title
Green Home Rentals Llc $125,000 Chicago Title Agency Inc
Haddad Fadi -- Fidelity Natl Title Ins Co
Geer Howard $55,000 Chicago Title
Enney David $279,900 Grand Canyon Title Agency In
Good Neighbor Llc -- --
Nicholson Joanna C -- Capital Title Agency Inc
Nicholson Joanna C $216,000 Capital Title Agency Inc
Boanca Daniel -- American Title Ins Agency Az
Boanca Daniel $167,000 American Title Ins Agency Az
Pescador Pablo R $325,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weitze Cassandra $795,000
Previous Owner 40Th Street Investments Llc $1,831,420
Previous Owner Green Home Rentals Llc $100,000
Previous Owner Enney David $28,000
Previous Owner Enney David $223,900
Previous Owner Nicholson Joanna C $32,400
Previous Owner Nicholson Joanna C $172,800
Previous Owner Nicholson Joanna C $172,800
Previous Owner Boanca Daniel $25,000
Previous Owner Boanca Daniel $125,250
Previous Owner Boanca Daniel $125,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $1,060,000 -2.8% $337 / Sq Ft
09/11/2023 09/11/23 Price Changed $1,090,000 -5.2% $347 / Sq Ft
08/16/2023 08/16/23 For Sale $1,150,000 +820.0% $366 / Sq Ft
09/01/2016 09/01/16 Sold $125,000 -45.4% $40 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $229,000 -- $73 / 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 $947 $7,885 -- --
2024 $938 $7,509 -- --
2023 $938 $49,630 $9,920 $39,710
2022 $904 $32,370 $6,470 $25,900
2021 $919 $25,580 $5,110 $20,470
2020 $902 $21,110 $4,220 $16,890
2019 $899 $17,170 $3,430 $13,740
2018 $847 $15,250 $3,050 $12,200
2017 $811 $14,410 $2,880 $11,530
2016 $794 $8,380 $1,670 $6,710
2015 $745 $7,310 $1,460 $5,850
Source: Public Records

Agents Affiliated with this Home

  • Dallin Hammond

    Seller's Agent in 2023

    Dallin Hammond

    ABI Multifamily

    (602) 714-1400

    10 in this area

    37 Total Sales

    Dallin Hammond
    Section Image

  • K

    Buyer's Agent in 2023

    Kelly Khalil

    Redfin Corporation

    Kelly Khalil
    Section Image

  • L

    Seller's Agent in 2016

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2016

    Lois Kaipainen

    Income Property Shop

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6593313

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-20-038

Arizona Maricopa County Phoenix 85008 Camelback East Village

4103 E Moreland St, Phoenix, AZ

This home is located at 4103 E Moreland St, Phoenix, AZ 85008 since 16 August 2023 and is currently estimated at $1,008,899, approximately $320 per square foot. This property was built in 1963. 4103 E Moreland St is a home located in Maricopa County with nearby schools including Tillman Middle School, Camelback 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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