NOT LISTED FOR SALE

4120 N 25th St Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $1,159,000 - $1,336,031

-- Bed
-- Bath
1,600 Sq Ft
$770/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $1,213,000 $758 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,764/month

9 Days on Market

About This Home

As of December 2021

Madison at Biltmore is a Fourplex in the Biltmore that is fully renovated with all 2 bed / 1 bath units that are roughly 800SF each. The property features a brand new roof, modern kitchens, flooring bathrooms, washer & dryer in each unit, large private patios for each unit. Ample parking while being in the heart of the Biltmore and Camelback East Corridor. Minutes from Phoenix Sky Harbor International Airport & luxury shopping & entertainment options.

Last Agent to Sell the Property

Dallin Hammond

ABI Multifamily License #SA677560000 Listed on: 10/10/2021

Co-Listed By

Mitchell Drake

ABI Multifamily License #SA675761000

Last Buyer's Agent

Hannah Hammond

The Firm RE License #BR658731000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,671

Year Built

  • Built in 1964

Lot Details

  • 0.26

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for trash collection, water, landscaping
  • Tax Lot 8
  • Assessor Parcel Number 163-06-080-B

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 117.96x96.42x117.32x96.40
  • Palm Acres Subdivision

Building Details

  • Operating Expense $2,671
  • Gross Income $74,496
  • Net Operating Income $56,583

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,671

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: P-1
  • Number Of Buildings: 2
  • Year Built: 1964
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: PALM ACRES
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • 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:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • 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

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 117.96x96.42x117.32x96.40
  • Additional Parcels: No
  • Parcel #: 163-06-080-B

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 74496.0
  • Property Net Operating Income: 56583.0
  • Annual Operating Expense: 2671.0
  • Vacancy Allowance Rate: 0.04

Tax Info

  • Tax Annual Amount: 2671.0
  • Tax Book Number: 163.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2021
Closed on
Nov 29, 2021
Sold by
Doranpes Leslie Barrera
Bought by
Ramos Carlos Ramirez
Seller's Agent
Dallin Hammond
ABI Multifamily
Buyer's Agent
Hannah Hammond
The Firm RE
List Price
$1,300,000
Sold Price
$1,213,000
Premium/Discount to List
-$87,000
-6.69%
Current Estimated Value
$1,231,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,758
Avg. Annual Appreciation
0.40%
Original Mortgage
$970,400
Outstanding Balance
$892,871
Interest Rate
3.14%
Estimated Equity
$338,887

Purchase Details

Closed on
Jul 25, 2021
Sold by
Balos Firuc
Bought by
Madison At Biltmore Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
2.93%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 12, 2004
Sold by
Bi-17 Llc
Bought by
Balos Firuc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Balos Alina
Bought by
Balos Firuc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1999
Sold by
Beardsley & I-17 Llc
Bought by
City Of Phoenix

Purchase Details

Closed on
May 11, 1998
Sold by
Macey Jack L and Macey Carol L
Bought by
Beardsley & I-17 Llc

Purchase Details

Closed on
Jan 27, 1997
Sold by
Kiyarash Farid Labib and Bani Goharshad
Bought by
Macey Jack L and Macey Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 27, 1996
Sold by
Hazelwood Richard L
Bought by
Kiyarash Farid Labib and Bani Goharshad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.5%
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
Ramos Carlos Ramirez -- Magnus Title Agency Llc
Ramos Carlos Ramirez $1,213,000 Magnus Title Agency Llc
Madison At Biltmore Llc $830,000 Empire West Title Agency Llc
Balos Firuc $200,000 Tsa Title Agency
Balos Firuc -- Tsa Title Agency
City Of Phoenix -- --
Beardsley & I-17 Llc $334,000 Transnation Title Insurance
Macey Jack L $305,000 North American Title Agency
Kiyarash Farid Labib $250,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Carlos Ramirez $970,400
Closed Ramos Carlos Ramirez $970,400
Previous Owner Madison At Biltmore Llc $712,500
Previous Owner Balos Firuc $160,000
Previous Owner Balos Firuc $160,000
Previous Owner Macey Jack L $30,000
Previous Owner Kiyarash Farid Labib $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $1,213,000 -6.7% $758 / Sq Ft
11/22/2021 11/22/21 Price Changed $1,300,000 0.0% $813 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/10/2021 10/10/21 For Sale $1,300,000 -- $813 / 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 $2,804 $22,580 -- --
2024 $2,729 $21,505 -- --
2023 $2,729 $72,950 $14,590 $58,360
2022 $2,648 $55,070 $11,010 $44,060
2021 $2,671 $50,170 $10,030 $40,140
2020 $2,629 $47,310 $9,460 $37,850
2019 $2,571 $37,450 $7,490 $29,960
2018 $2,508 $29,370 $5,870 $23,500
2017 $2,390 $30,220 $6,040 $24,180
2016 $2,308 $24,450 $4,890 $19,560
2015 $2,143 $21,470 $4,290 $17,180
Source: Public Records

Agents Affiliated with this Home

  • Dallin Hammond

    Seller's Agent in 2021

    Dallin Hammond

    ABI Multifamily

    (602) 714-1400

    10 in this area

    37 Total Sales

    Dallin Hammond
    Section Image
  • Mitchell Drake

    Seller Co-Listing Agent in 2021

    Mitchell Drake

    ABI Multifamily

    (602) 714-1400

    9 in this area

    28 Total Sales

    Mitchell Drake
    Section Image
  • Hannah Hammond

    Buyer's Agent in 2021

    Hannah Hammond

    The Firm RE

    (845) 492-9501

    3 in this area

    38 Total Sales

    Hannah Hammond
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6305512

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-06-080B

Arizona Maricopa County Phoenix 85016 Camelback East Village

4120 N 25th St, Phoenix, AZ

This home is located at 4120 N 25th St, Phoenix, AZ 85016 since 10 October 2021 and is currently estimated at $1,231,758, approximately $769 per square foot. This property was built in 1964. 4120 N 25th St is a home located in Maricopa County with nearby schools including Madison Camelview Elementary, 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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