Seller's Agent in 2019
Brandon Mills
Western Property Advisors, LLC
(602) 377-4953
12 Total Sales
4110 N 22nd St Phoenix, AZ 85016
Camelback East Village NeighborhoodEstimated Value: $809,000 - $1,613,232
--
Bed
2
Baths
1,888
Sq Ft
$632/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cooling Available
- Ceiling Fan
- Phoenix Coding Academy Rated A
- Community Barbecue Grill
- Heat Pump System
About This Home
As of June 2019Fully occupied at a 6.35% cap rate (see documents tab for income and expense pro-forma using the current/actual rents)! This purchase consists of a historic single-family residence plus an adjacent in-line four-plex all on the same 17,971 SF R-3 zoned lot in a highly desirable neighborhood. The interiors and exteriors are in great condition and the curb appeal is excellent. The single-family residence features fresh paint, new tub and shower surround, a combination of original wood flooring plus new tile in the kitchen, bath, and laundry room areas. The kitchen is like new with its LED lighting, granite counters, and finished cabinets. The interior laundry room includes new tile and paint and the washer and dryer are included. The one-story brick four-plex includes one 2 bed/1 bath and three 1 bed/1 bath units. Features include covered parking, on-site laundry, a patio, and separate meter for gas & electricity. These units are in excellent condition with new tile, new cabinets, new granite countertops, new tubs with tiled shower surrounds, and new appliances (refrigerator, dishwasher, microwave, oven, and disposal). Each unit contains the modern Nest Learning Thermostat, LED ceiling fans, and LED lights throughout. There are four brand new exterior water heaters and an on-site storage room. The laundry room is available for tenants and is added monthly income for the owner. Brand new A/C units on the single-family house, Unit 1, and Unit 2 as of 4Q2018. Unit 3 had a new compressor installed in 2017.
The property is 4 minutes to Town & Country shopping district and the Camelback Road/Biltmore area.
Last Agent to Sell the Property
Western Property Advisors, LLC Brokerage Email: westernpropertyadvisors@gmail.com License #SA654301000 Listed on: 12/14/2018
Co-Listed By
Western Property Advisors, LLC Brokerage Email: westernpropertyadvisors@gmail.com License #BR513595000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,825
Year Built
- Built in 1961
Lot Details
- 0.41
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Tile Roof
- Composition Roof
- Built-Up Roof
- Block Exterior
- Stucco
- Adobe
Flooring
- Wood
- Carpet
- Ceramic Tile
Parking
- 2 Open Parking Spaces
- 10 Parking Spaces
- 8 Covered Spaces
- Common or Shared Parking
- Free Parking
- Paved Parking
- On-Street Parking
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
Additional Features
- Ceiling Fan
- Property fronts an alley
Listing and Financial Details
- Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
- The owner pays for landscaping
- Legal Lot and Block 9 / 1
- Assessor Parcel Number 163-32-009-A
Community Details
Overview
- 2 Buildings
- 5 Units
- Building Dimensions are Irregular
- East Morningside Subdivision
Additional Features
- Community Barbecue Grill
- Operating Expense $2,825
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2018
Closed on
Jun 20, 2019
Sold by
Canwood Enterprise Inc
Bought by
Jin Victor
Seller's Agent
Brandon Mills
Western Property Advisors, LLC
Buyer's Agent
Connie Wong
Superlative Realty
List Price
$745,000
Sold Price
$725,000
Premium/Discount to List
-$20,000
-2.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,308
Avg. Annual Appreciation
8.27%
Purchase Details
Closed on
May 17, 2016
Sold by
Ledesma Octaviano
Bought by
Canwood Enterprise Inc
Purchase Details
Closed on
Aug 5, 2010
Sold by
Heartland Coalition
Bought by
Fidelity National Title 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
$52,000
Interest Rate
4.52%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 16, 2010
Sold by
Sa Challenger Inc
Bought by
Ledesma Octaviano
Purchase Details
Closed on
Feb 22, 2010
Sold by
Cooper Lavont L
Bought by
Us Bank National Association
Purchase Details
Closed on
Dec 29, 2009
Sold by
Cooper Lavont
Bought by
Sa Challenger Inc
Purchase Details
Closed on
Aug 18, 2009
Sold by
Cooper Lavont
Bought by
Cooper Lavont
Purchase Details
Closed on
Apr 11, 2006
Sold by
Cooper Josefina
Bought by
Cooper Lavont L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
9.57%
Mortgage Type
Balloon
Purchase Details
Closed on
Dec 20, 2002
Sold by
Cooper Josefina
Bought by
Cooper Lavont L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 25, 1996
Sold by
Giuntoli Delores M
Bought by
Cooper La Vont L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jin Victor | $725,000 | Fidelity National Title Co | |
| Canwood Enterprise Inc | $351,000 | Landmark Title Assurance Age | |
| Fidelity National Title Investments Llc | $66,000 | First American Title Company | |
| Heartland Coalition | $77,500 | First American Title Company | |
| Ledesma Octaviano | $160,000 | Chicago Title Insurance Co | |
| Us Bank National Association | $102,735 | Great American Title | |
| Sa Challenger Inc | $184,000 | None Available | |
| Cooper Lavont | -- | None Available | |
| Cooper Lavont L | -- | Camelback Title Agency Llc | |
| Cooper Lavont L | -- | American Title Ins Agency Az | |
| Cooper La Vont L | $124,500 | United Title Agency | |
| Cooper La Vont L | $100,000 | United Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Heartland Coalition | $52,000 | |
| Previous Owner | Cooper Lavont L | $450,000 | |
| Previous Owner | Cooper Lavont L | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2019 06/27/19 | Sold | $725,000 | -2.7% | $384 / Sq Ft |
| 06/20/2019 06/20/19 | For Sale | $745,000 | 0.0% | $395 / Sq Ft |
| 06/20/2019 06/20/19 | Price Changed | $745,000 | 0.0% | $395 / Sq Ft |
| 04/24/2019 04/24/19 | Price Changed | $745,000 | -4.5% | $395 / Sq Ft |
| 02/19/2019 02/19/19 | Price Changed | $780,000 | -8.1% | $413 / Sq Ft |
| 12/14/2018 12/14/18 | For Sale | $849,000 | +141.9% | $450 / Sq Ft |
| 08/22/2016 08/22/16 | Sold | $351,000 | -8.8% | $186 / Sq Ft |
| 07/17/2016 07/17/16 | For Sale | $385,000 | -- | $204 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $3,191 | $24,334 | -- | -- |
| 2024 | $3,066 | $23,175 | -- | -- |
| 2023 | $3,066 | $116,300 | $23,260 | $93,040 |
| 2022 | $2,982 | $91,450 | $18,290 | $73,160 |
| 2021 | $3,008 | $77,230 | $15,440 | $61,790 |
| 2020 | $3,019 | $62,780 | $12,550 | $50,230 |
| 2019 | $2,886 | $44,780 | $8,950 | $35,830 |
| 2018 | $2,825 | $34,760 | $6,950 | $27,810 |
| 2017 | $2,746 | $32,260 | $6,450 | $25,810 |
| 2016 | $2,599 | $25,800 | $5,160 | $20,640 |
| 2015 | $2,397 | $22,170 | $4,430 | $17,740 |
Source: Public Records
Agents Affiliated with this Home
-
Brandon Mills
-
Aaron Muth
Seller Co-Listing Agent in 2019
Aaron Muth
Western Property Advisors, LLC
(602) 320-2811
1 in this area
44 Total Sales
-
Connie Wong
Buyer's Agent in 2019
Connie Wong
Superlative Realty
(602) 359-9580
1 in this area
27 Total Sales
-
Jack Cardon
J
Seller's Agent in 2016
Jack Cardon
Cardon Commercial
(480) 278-9007
3 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5857638
APN: 163-32-009A
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.
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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