NOT LISTED FOR SALE

421 N 18th Dr Phoenix, AZ 85007

Governmental Mall Neighborhood

Estimated Value: $321,597 - $509,000

-- Bed
-- Bath
1,604 Sq Ft
$277/Sq Ft Est. Value

Last Sold July 27, 2015

Last sale price $140,000 $87 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $2,494/month

89 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of July 2015

BRING OFFERS, THIS HISTORICAL BUILDING HAS BEEN BEAUTIFULLY RENOVATED WITH ADDITIONAL CITY PERMITTED SQUARE FOOTAGE TO MAKE THIS PROPERTY THE NICEST LARGE HITORIC TRIPLEX IN TOWN. EACH UNIT HAS IT'S OWN WASHER/ DRYER HOOKUP. UPGARDED ELECTRICAL , FULL KITCHENS NEW PAINT IN AND OUT.
INTERIOR INSPECTION ONLY AFTER ACCEPTED CONTRACT AND ESCROW HAS BEEN OPENED.

Last Agent to Sell the Property

Robert Passariello

AZ Brokerage Holdings, LLC License #SA538257000 Listed on: 03/21/2015

AZ Brokerage Holdings, LLC

Last Buyer's Agent

Anne Thorne

HomeSmart License #SA641869000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1926

Lot Details

  • 8,712

Home Design

  • Block Exterior
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 6 / 7
  • Assessor Parcel Number 111-24-080

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR
  • Oakland Subdivision

Building Details

  • Operating Expense $3,718
  • Gross Income $17,100
  • Net Operating Income $14,282

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$518

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Cross Street: 19TH AVE AND FILLMORE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI-R-5
  • Number Of Buildings: 1
  • Year Built: 1926
  • Tax Year: 2013
  • Directions: EAST ON FILLMORE TO 18TH DR. SOUTH ON 18TH DR. TO PROPERTY ON THE EAST SIDE OF THE ST.
  • Road Surface Type: Asphalt
  • Subdivision Name: OAKLAND
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 111-24-080

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 17100.0
  • Insurance Expense: 800.0
  • Property Net Operating Income: 14282.0
  • Annual Operating Expense: 3718.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 518.0
  • Tax Block: 7
  • Tax Book Number: 111.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2015
Closed on
Sep 9, 2015
Sold by
Jeffries Bryan N and Jeffries Lynn Marie
Bought by
421 North 18Th Drive Llc
Seller's Agent
Robert Passariello
AZ Brokerage Holdings, LLC
Buyer's Agent
Anne Thorne
HomeSmart
List Price
$162,000
Sold Price
$140,000
Premium/Discount to List
-$22,000
-13.58%
Current Estimated Value
$443,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,899
Avg. Annual Appreciation
12.18%

Purchase Details

Listed on
Mar 21, 2015
Closed on
Jul 2, 2015
Sold by
Fischbach James
Bought by
Jeffries Bryan N and Jeffries Lynn Marie
Seller's Agent
Robert Passariello
AZ Brokerage Holdings, LLC
Buyer's Agent
Anne Thorne
HomeSmart
List Price
$162,000
Sold Price
$140,000
Premium/Discount to List
-$22,000
-13.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2005
Sold by
Invision Properties Southwest Llc
Bought by
The James Fischbach Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,350
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 13, 2004
Sold by
Fischbach James C and Fischbach Cheryl
Bought by
Invision Properties Southwest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
Building Group Inc
Bought by
Fischbach James C and Fischbach Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2003
Sold by
Eighteen Investments Inc
Bought by
Building Group Inc and Invision Properties Southwest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,900
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2002
Sold by
Brennan Edward T
Bought by
Eighteen Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,900
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2000
Sold by
Brennan Valarie J
Bought by
Brennan Edward T

Purchase Details

Closed on
Jun 30, 1998
Sold by
Brennan Edward T
Bought by
Brennan Valarie J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
421 North 18Th Drive Llc -- None Available
Jeffries Bryan N $140,000 First Arizona Title Agency
The James Fischbach Living Trust -- --
Invision Properties Southwest Llc -- --
Fischbach James C -- Fidelity National Title
Fischbach James C -- Fidelity National Title
Building Group Inc $53,000 Fidelity National Title
Eighteen Investments Inc $42,000 Fidelity National Title
Brennan Edward T -- --
Brennan Valarie J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 421 North 18Th Drive Llc $0
Open 421 North 18Th Drive Llc $185,250
Closed 421 North 18Th Drive Llc $142,500
Previous Owner Jeffries Bryan N $98,000
Previous Owner Fischbach James C $119,350
Previous Owner Fischbach James C $120,000
Previous Owner Building Group Inc $75,900
Previous Owner Eighteen Investments Inc $62,636
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2015 07/27/15 Sold $140,000 -13.6% $87 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $162,000 -- $101 / 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 $767 $5,734 -- --
2024 $759 $5,461 -- --
2023 $759 $25,150 $5,030 $20,120
2022 $732 $18,100 $3,620 $14,480
2021 $727 $17,860 $3,570 $14,290
2020 $735 $14,260 $2,850 $11,410
2019 $734 $11,730 $2,340 $9,390
2018 $722 $11,430 $2,280 $9,150
2017 $705 $8,650 $1,730 $6,920
2016 $685 $7,120 $1,420 $5,700
2015 $633 $5,820 $1,160 $4,660
Source: Public Records

Agents Affiliated with this Home

  • Robert Passariello

    Seller's Agent in 2015

    Robert Passariello

    Realty Executives

    (480) 998-0676

    11 Total Sales

    Section Image

  • A

    Buyer's Agent in 2015

    Anne Thorne

    HomeSmart

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5253700

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-24-080

Arizona Maricopa County Phoenix 85007 Governmental Mall

421 N 18th Dr, Phoenix, AZ

This home is located at 421 N 18th Dr, Phoenix, AZ 85007 since 21 March 2015 and is currently estimated at $443,899, approximately $276 per square foot. This property was built in 1926. 421 N 18th Dr is a home located in Maricopa County with nearby schools including Capitol Elementary School, Phoenix Coding Academy, and Central High School.

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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