Seller's Agent in 2019
Sabrina Walters
SLW Realty Group, LLC
(480) 518-3882
20 Total Sales
4127 N 9th Ave Phoenix, AZ 85013
Uptown Phoenix Neighborhood
Studio
1
Bath
350
Sq Ft
436
Sq Ft Lot
Highlights
- Community Playground
- Community Barbecue Grill
- Ceiling Fan
- Phoenix Coding Academy Rated A
- Central Air
- Concrete Flooring
About This Home
As of May 2019Melrose on 9th is a boutique, renown Mode project. This twelve-unit, mid-century modern, two-story, multi-family community is located in the trendy Woodlea Melrose neighborhood in Midtown Phoenix. Completely renovated in 2016 w/ modernized kitchens, bathrooms and all amenities. Stainless steel appliances, tile backsplash, tile surround shower/tub, and upgraded electric with USB ports. The complex is made up of (10)-1 bed/1 bath, (1)-2 beds/1 bath, & (1) Studio. The assigned parking spaces are covered with a new 10 year warranty, commercial shadecloth. Melrose is within close proximity to Central Phoenix, The Camelback Corridor, multiple health care complexes, freeways, The Park Central redevelopment, and the new to come Creighton Univ. medical school. Cap rate 5.46%, 100% occupied
Last Agent to Sell the Property
SLW Realty Group, LLC License #BR022776000 Listed on: 03/22/2019
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,153
Year Built
- Built in 1962
Lot Details
- 436
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Built-Up Roof
- Foam Roof
- Block Exterior
- Stucco
Interior Spaces
- Ceiling Fan
- Concrete Flooring
Parking
- 12 Parking Spaces
- 12 Covered Spaces
- Common or Shared Parking
Utilities
- Central Air
- Heat Pump System
- Individual Controls for Heating
- Separate Meters
Listing and Financial Details
- The owner pays for trash collection, water, sewer, landscaping
- Assessor Parcel Number 155-39-092-E
Community Details
Overview
- 3 Buildings
- 12 Units
- Building Dimensions are IRR
- Del Monte North Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Community Playground
Building Details
- Operating Expense $26,214
- Gross Income $121,324
- Net Operating Income $95,590
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2019
Closed on
May 15, 2019
Sold by
Bought by
Seller's Agent
Sabrina Walters
SLW Realty Group, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,750,000
Sold Price
$1,641,000
Premium/Discount to List
-$109,000
-6.23%
Purchase Details
Listed on
Dec 3, 2015
Closed on
Apr 18, 2016
Sold by
Bought by
Seller's Agent
Natan Jacobs
Vestis Group
Buyer's Agent
Sabrina Walters
SLW Realty Group, LLC
List Price
$1,275,000
Sold Price
$1,202,500
Premium/Discount to List
-$72,500
-5.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$700,000
Interest Rate
3.73%
Mortgage Type
Commercial
Purchase Details
Listed on
May 3, 2014
Closed on
Jul 24, 2014
Sold by
Bought by
Seller's Agent
Frank Mendivil
ProSmart Realty
Buyer's Agent
Natan Jacobs
ABI Multifamily
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.79%
Original Mortgage
$448,500
Interest Rate
4.16%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 31, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Interest Rate
5.92%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 14, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.82%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 1, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
7.76%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,641,000 | Stewart Ttl & Tr Of Phoenix | ||
| $1,202,500 | Commonwealth Land Title Ins | ||
| $420,000 | Chicago Title Agency Inc | ||
| $605,000 | Chicago Title Insurance Comp | ||
| -- | Title Guaranty Agency | ||
| -- | Grand Canyon Title Agency In |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $700,000 | ||
| Previous Owner | $448,500 | ||
| Previous Owner | $453,750 | ||
| Previous Owner | $55,000 | ||
| Previous Owner | $18,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/21/2019 05/21/19 | Sold | $1,641,000 | -6.2% | $4,689 / Sq Ft | |
| 03/22/2019 03/22/19 | For Sale | $1,750,000 | +45.5% | $5,000 / Sq Ft | |
| 04/28/2016 04/28/16 | Sold | $1,202,500 | -5.7% | $3,436 / Sq Ft | View Prior Sale |
| 03/01/2016 03/01/16 | Pending | -- | -- | -- | |
| 12/03/2015 12/03/15 | For Sale | $1,275,000 | +203.6% | $3,643 / Sq Ft | |
| 07/25/2014 07/25/14 | Sold | $420,000 | -6.5% | $1,200 / Sq Ft | View Prior Sale |
| 06/09/2014 06/09/14 | Pending | -- | -- | -- | |
| 05/03/2014 05/03/14 | For Sale | $449,000 | -- | $1,283 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,704 | $28,524 | ||
| 2024 | $3,458 | $27,166 | ||
| 2023 | $3,458 | $176,500 | $35,300 | $141,200 |
| 2022 | $3,439 | $138,280 | $27,650 | $110,630 |
| 2021 | $3,497 | $129,710 | $25,940 | $103,770 |
| 2020 | $3,409 | $95,570 | $19,110 | $76,460 |
| 2019 | $3,261 | $69,960 | $13,990 | $55,970 |
| 2018 | $3,153 | $58,120 | $11,620 | $46,500 |
| 2017 | $2,894 | $34,670 | $6,930 | $27,740 |
| 2016 | $2,792 | $30,620 | $6,120 | $24,500 |
| 2015 | $2,596 | $26,980 | $5,390 | $21,590 |
Source: Public Records
Agents Affiliated with this Home
-
Sabrina Walters
-
N
Buyer's Agent in 2019
Non-MLS Agent
Non-MLS Office
-
N
Seller's Agent in 2016
Natan Jacobs
Vestis Group
-
C
Seller Co-Listing Agent in 2016
Chad Barber
Vestis Group
-
U
Buyer's Agent in 2016
Unknown Agent
Realty Executives
-
Frank Mendivil
Seller's Agent in 2014
Frank Mendivil
ProSmart Realty
(623) 297-0027
12 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5900053
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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