$395,000
SOLD NOV 17, 2017

4208 N 3rd Ave Phoenix, AZ 85013

Uptown Phoenix Neighborhood
-- Bed
-- Bath
1,970 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$201 Per Sq Ft

1% Below List Price

8 Days on Market

Highlights

  • Multiple cooling system units
  • Concrete Flooring
  • Multiple Heating Units
  • Phoenix Coding Academy Rated A

About This Home

As of November 2017

This duplex is part of the 8plex for sale. Fully remodeled in 2016. Super hip modern remodel in the heart of Central Phoenix. Exposed brick and trusses, polished concrete floors, industrial steel accents coupled with European minimalist kitchen and bathrooms. Modern windows, all new appliances and fixtures, updated plumbing and electrical for convenient, worry-free living. Each of the units has a private courtyard with locking front gate and a full size washer and dryer. Location couldn’t be better – walk or bike to Lux, Clever Koi, Pane Bianco, George and Dragon or the light rail for a few minute’s ride to downtown.

Last Agent to Sell the Property

Sergei Perkovskii

Gold Trust Realty License #SA558012000 Listed on: 09/25/2017

Last Buyer's Agent

James Miller

Dave Johnson Realty License #SA655143000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $978

Year Built

  • Built in 1950

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water
  • The owner pays for landscaping
  • Tax Lot 26
  • Assessor Parcel Number 155-32-026

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6,720
  • Indian Park Subdivision

Building Details

  • Operating Expense $5,518
  • Gross Income $32,376
  • Net Operating Income $26,858

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$978

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Indian School and Central Avenue
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2016
  • Directions: West to 3rd Avenue, North to Property.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2590.0
  • Subdivision Name: INDIAN PARK
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: <1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Street Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: 2 or More Units, Electric
  • Heating: 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 6,720
  • Additional Parcels: No
  • Parcel #: 155-32-026

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Trash Collection, Electricity, Water
  • Number Of Units Total: 2
  • Annual Gross Income: 32376.0
  • Insurance Expense: 750.0
  • Property Net Operating Income: 26858.0
  • Annual Operating Expense: 5518.0

Tax Info

  • Tax Annual Amount: 978.0
  • Tax Book Number: 155.00
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2019
Sold by
Frey Frederick D
Bought by
4208 N 3Rd Avenue Llc
Current Estimated Value
$685,039

Purchase Details

Listed on
Dec 15, 2017
Closed on
Nov 7, 2017
Sold by
Eq 3Rd Ave Llc
Bought by
Frey Frederick D
Seller's Agent
James Miller
Dave Johnson Realty
Buyer's Agent
Michael J. Misheski
HomeSmart
Sold Price
$1,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$296,250
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2014
Sold by
Stars 4 Llc
Bought by
Eq 3Rd Ave Llc

Purchase Details

Closed on
Jun 16, 2011
Sold by
Stars Holdings Llc
Bought by
Stars 2 Llc

Purchase Details

Closed on
Dec 29, 2010
Sold by
Perfect Strm Real Estate Investments Llc
Bought by
Stars Holdings Llc

Purchase Details

Closed on
Nov 26, 2010
Sold by
Us Bank National Association
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 19, 2010
Sold by
U S Bank National Association
Bought by
Perfect Storm Real Estate Investments Ll

Purchase Details

Closed on
Jul 13, 2010
Sold by
Suntrust Mortgage
Bought by
Us Bank National Association and Residential Funding Company Llc

Purchase Details

Closed on
Jul 6, 2010
Sold by
Koo Hoon H and Lee Myoung J
Bought by
Suntrust Mortgage

Purchase Details

Closed on
Sep 28, 2005
Sold by
66Th Street Apartments Llc
Bought by
Koo Hoon H and Lee Myoung J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1999
Sold by
Saville Scott
Bought by
66Th Street Apartments Llc
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 Type Sale Price Title Company
Warranty Deed -- Accommodation
Warranty Deed $395,000 Prestige Title & Escrow Agen
Cash Sale Deed $560,000 First American Title Ins Co
Quit Claim Deed -- None Available
Warranty Deed -- Stewart Title & Trust Of Pho
Quit Claim Deed -- Stewart Title & Trust Of Pho
Cash Sale Deed $50,600 Stewart Title & Trust Of Pho
Special Warranty Deed -- Servicelink
Trustee Deed $79,500 Servicelink
Special Warranty Deed $245,000 Stewart Title & Trust Of Pho
Quit Claim Deed -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $296,250 New Conventional
Previous Owner $195,500 New Conventional
Closed $36,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2018 01/01/18 Rented $1,399 0.0% --
12/14/2017 12/14/17 For Rent $1,399 0.0% --
11/17/2017 11/17/17 Sold $395,000 -1.3% $201 / Sq Ft
11/14/2017 11/14/17 Price Changed $400,000 0.0% $203 / Sq Ft
11/04/2017 11/04/17 Price Changed $400,000 0.0% $203 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/30/2017 09/30/17 Pending -- -- --
09/25/2017 09/25/17 For Sale $400,000 -- $203 / 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 $2,836 $22,598 -- --
2024 $2,739 $21,522 -- --
2023 $2,739 $40,700 $8,140 $32,560
2022 $2,724 $33,770 $6,750 $27,020
2021 $2,771 $30,730 $6,140 $24,590
2020 $2,700 $25,820 $5,160 $20,660
2019 $2,583 $22,000 $4,400 $17,600
2018 $2,498 $22,000 $4,400 $17,600
2017 $1,012 $14,930 $2,980 $11,950
2016 $976 $11,100 $2,220 $8,880
2015 $907 $8,870 $1,770 $7,100
Source: Public Records

Agents Affiliated with this Home

  • James Miller

    Seller's Agent in 2018

    James Miller

    Dave Johnson Realty

    (480) 369-4618

    65 Total Sales

    James Miller
    Section Image
  • Michael J. Misheski

    Buyer's Agent in 2018

    Michael J. Misheski

    HomeSmart

    (480) 272-3055

    1 in this area

    81 Total Sales

    Michael J. Misheski
    Section Image
  • Sergei Perkovskii

    Seller's Agent in 2017

    Sergei Perkovskii

    Gold Trust Realty

    (480) 241-9278

    41 Total Sales

    Sergei Perkovskii
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5664976

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-32-026

Arizona Maricopa County Phoenix 85013 Uptown Phoenix

4208 N 3rd Ave, Phoenix, AZ

This home is located at 4208 N 3rd Ave, Phoenix, AZ 85013 and is currently priced at $395,000, approximately $200 per square foot. This property was built in 1950. 4208 N 3rd Ave is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle 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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