NOT LISTED FOR SALE

4123 E Moreland St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $714,082 - $940,000

8 Beds
-- Bath
3,144 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $150,000 $48 Per Sq Ft

Est. 477% increase in value since last sale

Current estimated payment $4,608/month

79 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of November 2014

Wow!!!BUYER JUST FELL OUT APPRAISAL came in $150,000. Inspection report in hand plumbing and electrical has been done and termite treatment! Price is firm! Grab this fully rented turn key 4 plex before it's gone. All 2 bedroom units with rental rates in the area for 500-550. Would be close to 11% cap rate. Currently rented with low rents for long term tenants. All have been completely rehabbed with new kitchens and paint. All have new AC units that were all replaced the past year. Bring your offer's before it's gone. All facts and figures are approximate buyer verify MLS info. Drive by only do not disturb tenants.

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000 Listed on: 09/02/2014

Last Buyer's Agent

Lazaro Sandoval

Citicasa Realty, LLC License #BR515413000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $522

Year Built

  • Built in 1963

Lot Details

  • 7,710

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Evaporated cooling system
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 39
  • Assessor Parcel Number 125-20-041

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Whispering Sands Subdivision

Building Details

  • Operating Expense $6,294
  • Net Operating Income $12,906

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$522

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 40th street and McDowell
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2013
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: WHISPERING SANDS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2600.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 125-20-041

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Insurance Expense: 850.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 12906.0
  • Annual Operating Expense: 6294.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 522.0
  • Tax Book Number: 125.00
  • Tax Lot: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2020
Sold by
Hurtado Griselda
Bought by
8A Properties Llc
Current Estimated Value
$866,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,625
Outstanding Balance
$363,948
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$502,073

Purchase Details

Listed on
Sep 2, 2014
Closed on
Nov 25, 2014
Sold by
Montejano Jorge Reyes
Bought by
Hurtado Griselda
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Lazaro Sandoval
Citicasa Realty, LLC
List Price
$149,999
Sold Price
$150,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%
Original Mortgage
$147,282
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2008
Sold by
Citibank Na
Bought by
Khera Ibrahim M

Purchase Details

Closed on
Dec 4, 2008
Sold by
Khera Naheed Siddique
Bought by
Khera Ibrahim M

Purchase Details

Closed on
Mar 19, 2008
Sold by
Gray Stephanie L
Bought by
Citibank Na and Structured Asset Mortgage Investments Ii

Purchase Details

Closed on
Oct 2, 2006
Sold by
Riley Reginald
Bought by
Gray Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,150
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2006
Sold by
Good Neighbor Llc
Bought by
Gray Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,150
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2004
Sold by
Nagle Christian J
Bought by
Good Neigbor 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
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 25, 2004
Sold by
Boanca Daniel
Bought by
Nagle Christian J

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
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 29, 2004
Sold by
Nagle Casi Marie
Bought by
Nagle Christian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2003
Sold by
Boanca Claudia
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
5.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 3, 1996
Sold by
Beltran Investments Ltd
Bought by
Rios William A and Rios Elsa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,800
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
8A Properties Llc $535,500 Wfg National Title Ins Co
Hurtado Griselda -- Stewart Title & Trust Of Pho
Hurtado Griselda $149,999 Stewart Title & Trust Of Pho
Khera Ibrahim M $51,500 First American Title Ins Co
Khera Ibrahim M -- First American Title Ins Co
Citibank Na $222,976 None Available
Gray Stephanie L -- Grand Canyon Title Agency In
Gray Stephanie L $274,900 Grand Canyon Title Agency In
Good Neigbor Llc -- --
Nagle Christian J $216,000 Capital Title Agency Inc
Nagle Christian J -- Capital Title Agency Inc
Boanca Daniel -- American Title Ins Agency Az
Boanca Daniel $165,000 American Title Ins Agency Az
Rios William A -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8A Properties Llc $401,625
Previous Owner Hurtado Griselda $147,282
Previous Owner Gray Stephanie L $206,150
Previous Owner Gray Stephanie L $54,950
Previous Owner Nagle Christian J $32,400
Previous Owner Nagle Christian J $172,800
Previous Owner Nagle Christian J $172,800
Previous Owner Boanca Daniel $25,000
Previous Owner Boanca Daniel $123,750
Previous Owner Rios William A $45,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $150,000 0.0% $48 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $149,999 -- $48 / 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 $1,006 $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

  • Sophia Baron

    Seller's Agent in 2014

    Sophia Baron

    Grace CRE

    (480) 375-0227

    75 Total Sales

    Sophia Baron
    Section Image
  • Lazaro Sandoval

    Buyer's Agent in 2014

    Lazaro Sandoval

    Citicasa Realty, LLC

    (602) 488-1986

    40 Total Sales

    Lazaro Sandoval
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5165672

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-20-041

Arizona Maricopa County Phoenix 85008 Camelback East Village

4123 E Moreland St, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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