NOT LISTED FOR SALE

4141 E Belleview St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $912,000 - $1,073,000

-- Bed
-- Bath
2,798 Sq Ft
$349/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $517,500 $185 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,231/month

28 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of July 2019

4141 E. Belleview Street offers an investor the opportunity to acquire a 4 unit (One 2BR/1BA and three 1BR/1BA), workforce housing apartment community that was built in 1963 and significantly renovated in 2018. The property is individually metered, extensively xeriscaped and has single story units. The renovation included exterior and interior paint, windows, doors, flooring, tub surrounds, light and plumbing fixtures, electric and gas appliances. The units also have individual hot water heaters, washer/dryer hookups, individual outside storage, security front screen doors and private gated front patios.
*Please DO NOT disturb tenants.

Last Agent to Sell the Property

Nicholas Neslund

Lee & Associates License #SA666183000 Listed on: 05/23/2019

Last Buyer's Agent

Nicholas Neslund

Lee & Associates License #SA666183000 Listed on: 05/23/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $578

Year Built

  • Built in 1963

Lot Details

  • 7,884

Home Design

  • Built-Up Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 125-20-016

Community Details

Overview

  • 4 Units
  • Building Dimensions are 94' x 84'
  • Whispering Sands Subdivision

Building Details

  • Operating Expense $578
  • Gross Income $39,036
  • Net Operating Income $34,836

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$578

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
  • Year Built: 1963
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Subdivision Name: WHISPERING SANDS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: See Remarks, Built-Up
  • 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:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Separate Storage: Yes

Lot Info

  • Lot Size: 94' x 84'
  • Additional Parcels: No
  • Parcel #: 125-20-016

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 39036.0
  • Property Net Operating Income: 34836.0
  • Annual Operating Expense: 577.94

Tax Info

  • Tax Annual Amount: 577.94
  • Tax Book Number: 125.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2021
Sold by
Whitney Management Llc
Bought by
Whitney Management Az Llc
Current Estimated Value
$976,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Outstanding Balance
$4,914,886
Interest Rate
2.65%
Mortgage Type
Commercial
Estimated Equity
-$3,938,553

Purchase Details

Listed on
May 23, 2019
Closed on
Jul 11, 2019
Sold by
4133 E Bellview St Llc
Bought by
Whitney Management Llc
Seller's Agent
Nicholas Neslund
Lee & Associates
Buyer's Agent
Nicholas Neslund
Lee & Associates
List Price
$575,000
Sold Price
$517,500
Premium/Discount to List
-$57,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%

Purchase Details

Closed on
Mar 21, 2019
Sold by
4101 E Belleview St Llc
Bought by
4141 E Belleview St Llc

Purchase Details

Closed on
Jul 22, 2013
Sold by
3009 Investments Llc
Bought by
Moore Justin

Purchase Details

Closed on
Dec 20, 2011
Sold by
3009 Investments Llc
Bought by
3009 Investments Llc and 2010 Property Investments Llc

Purchase Details

Closed on
Mar 17, 2011
Sold by
Noble Joshua
Bought by
3009 Investments Llc

Purchase Details

Closed on
Dec 10, 2010
Sold by
Kennedy Daniel
Bought by
Noble Joshua and Kenney Wu Belleview Trust

Purchase Details

Closed on
Feb 14, 2006
Sold by
Foresight Investment Llc
Bought by
Kennedy Daniel and Wu Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,740
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2005
Sold by
Bolton Kenneth N
Bought by
Foresight Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,740
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2003
Sold by
Nordeoff Bryon
Bought by
Bolton Kenneth N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2002
Sold by
Nordeoff Bryon
Bought by
Nordeoff Elizabeth A

Purchase Details

Closed on
Feb 25, 2002
Sold by
Kuon Heng Kim
Bought by
Nordeoff Elizabeth A

Purchase Details

Closed on
Oct 26, 1999
Sold by
Hartmann Therese A
Bought by
Seng Salim and Kuon Heng Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
7.82%
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
Whitney Management Az Llc -- Premier Title Agency
Whitney Management Llc $1,035,000 Chicago Title Agency
4141 E Belleview St Llc -- None Available
Moore Justin $110,000 Chicago Title Agency Inc
3009 Investments Llc -- Accommodation
3009 Investments Llc $59,000 American Title Service Agenc
Noble Joshua -- Accommodation
Kennedy Daniel $214,675 Ticor Title Agency Of Az
Foresight Investment Group Llc $562,500 Capital Title Agency Inc
Bolton Kenneth N $175,000 Chicago Title Insurance Co
Nordeoff Elizabeth A -- American Title Insurance
Nordeoff Elizabeth A $127,000 Nations Title Insurance
Seng Salim $93,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitney Management Az Llc $5,500,000
Previous Owner Kennedy Daniel $171,740
Previous Owner Foresight Investment Group Llc $160,000
Previous Owner Bolton Kenneth N $128,500
Previous Owner Seng Salim $83,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $517,500 -10.0% $185 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $575,000 -- $206 / 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 $646 $5,382 -- --
2024 $640 $5,126 -- --
2023 $640 $46,060 $9,210 $36,850
2022 $617 $30,060 $6,010 $24,050
2021 $628 $23,860 $4,770 $19,090
2020 $616 $19,680 $3,930 $15,750
2019 $614 $15,910 $3,180 $12,730
2018 $578 $14,100 $2,820 $11,280
2017 $554 $13,350 $2,670 $10,680
2016 $542 $7,760 $1,550 $6,210
2015 $508 $6,730 $1,340 $5,390
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nicholas Neslund

    Lee & Associates

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5929635

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-20-016

Arizona Maricopa County Phoenix 85008 Camelback East Village

4141 E Belleview St, Phoenix, AZ

This home is located at 4141 E Belleview St, Phoenix, AZ 85008 since 23 May 2019 and is currently estimated at $976,333, approximately $348 per square foot. This property was built in 1963. 4141 E Belleview 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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