Kim Panozzo
HomeSmart
(623) 888-8019
881 Total Sales
8 in South Mountain
$171K - $975K Price Range
416 E Illini St Phoenix, AZ 85040
South Mountain NeighborhoodEstimated Value: $339,000 - $397,000
4
Beds
4
Baths
568
Sq Ft
$651/Sq Ft
Est. Value
Highlights
- Evaporated cooling system
- Cesar E Chavez Community School Rated 9+
- Heat Pump System
About This Home
As of May 2017Seller is motivated and willing to carry. This property has 5 small all two bedroom 1 bath homes. Huge lot 0.72 acres / 31,363 sqft. Tenants pay for water and electric. This property is on septic so costs are very low for the maintance on this building. Bring your offer's now this deal will not last. All fact's and information are approximate buyer verify MLS information. Over 11% cap on owner's expenses and self managed. Seller also willing to carry 35k down.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $634
Year Built
- Built in 1945
Lot Details
- 0.72
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Utilities
- Evaporated cooling system
- Heat Pump System
- Septic Tank
Listing and Financial Details
- Tenant pays for water
- The owner pays for trash collection
- Tax Lot 1
- Assessor Parcel Number 113-12-034-A
Community Details
Overview
- 2 Buildings
- 5 Units
- Building Dimensions are 350x95
Building Details
- Operating Expense $6,818
- Gross Income $29,857
- Net Operating Income $23,038
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
Apr 7, 2017
Closed on
May 11, 2017
Sold by
Schnerch Calvin G and Schnerch Janis D
Bought by
Seller's Agent
Sophia Baron
Real Broker
Buyer's Agent
Daniela Rubio
Better Homes & Gardens Real Estate SJ Fowler
List Price
$205,000
Sold Price
$182,000
Premium/Discount to List
-$23,000
-11.22%
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
$110,641
Avg. Annual Appreciation
7.91%
Original Mortgage
$147,500
Outstanding Balance
$119,986
Interest Rate
4.1%
Mortgage Type
Seller Take Back
Estimated Equity
$249,750
Purchase Details
Closed on
Mar 11, 2015
Sold by
Schnerch Calvin G and Schnerch Janis D
Bought by
Schnerch Calvin G and Schnerch Janis D
Purchase Details
Closed on
Aug 9, 1999
Sold by
Erickson Leroy B and Erickson Pamala K
Bought by
Schnerch Calvin G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.7%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 15, 1997
Sold by
Erickson Leroy B and Erickson Pamala K
Bought by
Erickson Leroy B and Erickson Pamala K
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Mountain, AZ
-
Kim Panozzo
-
Tasha Goins
Tasha Goins
eXp Realty
(623) 244-5282
69 Total Sales
1 in South Mountain
$442,000 Price
-
Jim Barker
Jim Barker
Fathom Realty Elite
(888) 622-8414
45 Total Sales
1 in South Mountain
$336,000 Price
-
Apryle Borst
Apryle Borst
Arizona Best Real Estate
(623) 552-4268
55 Total Sales
1 in South Mountain
$329,000 Price
-
Andrea Garcia
Andrea Garcia
Responds QuicklyKeller Williams Realty Sonoran Living
(623) 900-1696
270 Total Sales
4 in South Mountain
$158K - $410K Price Range
-
Mayra Reyes
Mayra Reyes
W and Partners, LLC
(623) 432-8162
61 Total Sales
3 in South Mountain
$163K - $350K Price Range
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 |
|---|---|---|---|
| $182,500 | Chicago Title Agency Inc | ||
| Schnerch Calvin G | -- | None Available | |
| Schnerch Calvin G | $95,000 | Capital Title Agency | |
| Erickson Leroy B | -- | -- |
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 |
|---|---|---|---|
| Open | $147,500 | ||
| Previous Owner | Schnerch Calvin G | $85,000 |
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 |
|---|---|---|---|---|
| 05/18/2017 05/18/17 | Sold | $182,000 | -11.2% | $320 / Sq Ft |
| 04/05/2017 04/05/17 | For Sale | $205,000 | -- | $361 / 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 | $794 | $5,268 | ||
| 2024 | $752 | $5,017 | ||
| 2023 | $752 | $21,370 | $4,270 | $17,100 |
| 2022 | $737 | $15,380 | $3,070 | $12,310 |
| 2021 | $752 | $15,560 | $3,110 | $12,450 |
| 2020 | $743 | $13,450 | $2,690 | $10,760 |
| 2019 | $718 | $11,710 | $2,340 | $9,370 |
| 2018 | $699 | $9,830 | $1,960 | $7,870 |
| 2017 | $666 | $8,060 | $1,610 | $6,450 |
| 2016 | $634 | $7,350 | $1,470 | $5,880 |
| 2015 | $597 | $5,280 | $1,050 | $4,230 |
Source: Public Records
Agents Affiliated with this Home
-
Sophia Baron
Seller's Agent in 2017
Sophia Baron
Real Broker
(480) 375-0227
24 Total Sales
-
Baylee Estrada
BE
Seller Co-Listing Agent in 2017
Baylee Estrada
Keller Williams Arizona Realty
(480) 688-8444
-
Daniela Rubio
Buyer's Agent in 2017
Daniela Rubio
Better Homes & Gardens Real Estate SJ Fowler
(480) 334-7775
2 in this area
52 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5586708
APN: 113-12-034A
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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