Seller's Agent in 2020
Chad Vice
HomeSmart
(480) 476-3388
30 Total Sales
422 N 18th Ave Phoenix, AZ 85007
Governmental Mall NeighborhoodEstimated Value: $443,000 - $588,000
Studio
--
Bath
1,954
Sq Ft
$270/Sq Ft
Est. Value
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Heat Pump System
About This Home
As of April 2020Brick built triplex in Oakland District, (2) two bed one bath units and (1) one bed one bath unit. Unit #1 is vacating shortly and the other units are month to month. Rents are currently below market at $550 per month with long term tenants. Seller plans to vacate and renovate then raise rents to $1,000 per unit monthly which is easily obtainable for the market and area. Drive by only please do not disturb tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $874
Year Built
- Built in 1948
Lot Details
- 8,712
Home Design
- Brick Exterior Construction
- Composition Roof
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
Schools
- Phoenix Prep Academy Elementary School
- Phoenix Coding Academy Middle School
- North High School
Utilities
- Cooling Available
- Heat Pump System
- Master Water Meter
Listing and Financial Details
- The owner pays for water
- Legal Lot and Block 16 / 7
- Assessor Parcel Number 111-24-090
Community Details
Overview
- 3 Units
- Building Dimensions are IRR
- Oakland Subdivision
Building Details
- Operating Expense $874
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2020
Closed on
May 13, 2020
Sold by
Kapitan Michelle
Bought by
Kapitan Justin
Seller's Agent
Chad Vice
HomeSmart
Buyer's Agent
Michelle Kapitan
West USA Realty
List Price
$339,900
Sold Price
$346,000
Premium/Discount to List
$6,100
1.79%
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
$181,249
Avg. Annual Appreciation
7.56%
Original Mortgage
$346,150
Outstanding Balance
$306,737
Interest Rate
3.3%
Mortgage Type
VA
Estimated Equity
$220,512
Purchase Details
Listed on
Mar 3, 2020
Closed on
May 8, 2020
Sold by
Humble Hacienda Llc
Bought by
Kapitan Justin
Seller's Agent
Chad Vice
HomeSmart
Buyer's Agent
Michelle Kapitan
West USA Realty
List Price
$339,900
Sold Price
$346,000
Premium/Discount to List
$6,100
1.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,150
Outstanding Balance
$306,737
Interest Rate
3.3%
Mortgage Type
VA
Estimated Equity
$220,512
Purchase Details
Closed on
Jan 2, 2020
Sold by
Augusta Investments Llc
Bought by
Humble Hacienda Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,550,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 21, 2019
Sold by
Eel Llc
Bought by
Augusta Investments Llc
Purchase Details
Listed on
May 24, 2012
Closed on
Sep 7, 2012
Sold by
Takada Property 1 Llc
Bought by
Eel Llc and Augusta Investments Llc
Seller's Agent
Eidan Azuly
Arizona Elite Properties
Buyer's Agent
Steven Armstead
HomeSmart
List Price
$69,900
Sold Price
$40,000
Premium/Discount to List
-$29,900
-42.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.31%
Purchase Details
Listed on
May 24, 2012
Closed on
Sep 5, 2012
Sold by
Predictive Research Llc
Bought by
Takada Property 1 Llc
Seller's Agent
Eidan Azuly
Arizona Elite Properties
Buyer's Agent
Steven Armstead
HomeSmart
List Price
$69,900
Sold Price
$40,000
Premium/Discount to List
-$29,900
-42.78%
Purchase Details
Closed on
Dec 7, 2010
Sold by
Federal National Mortgage Association
Bought by
Predictive Research Llc
Purchase Details
Closed on
Jul 12, 2010
Sold by
Villegas Rosalba R and Villegas Trinidad R
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 5, 2007
Sold by
Fry Dorothy
Bought by
Villegas Rosalba R and Villegas Trinidad R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kapitan Justin | -- | Fidelity Natl Ttl Agcy Inc | |
| Kapitan Justin | $346,150 | Fidelity Natl Ttl Agcy Inc | |
| Humble Hacienda Llc | $247,000 | Fidelity Natl Ttl Agcy Inc | |
| Augusta Investments Llc | -- | None Available | |
| Eel Llc | -- | None Available | |
| Takada Property 1 Llc | $40,000 | Lawyers Title Of Arizona Inc | |
| Predictive Research Llc | -- | Servicelink | |
| Federal National Mortgage Association | $161,269 | Great American Title | |
| Villegas Rosalba R | $153,000 | Camelback Title Agency Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kapitan Justin | $346,150 | |
| Previous Owner | Humble Hacienda Llc | $26,550,000 | |
| Previous Owner | Villegas Rosalba R | $137,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/10/2020 04/10/20 | Sold | $346,000 | +1.8% | $177 / Sq Ft | |
| 04/01/2020 04/01/20 | For Sale | $339,900 | 0.0% | $174 / Sq Ft | |
| 04/01/2020 04/01/20 | Price Changed | $339,900 | 0.0% | $174 / Sq Ft | |
| 03/06/2020 03/06/20 | Pending | -- | -- | -- | |
| 03/02/2020 03/02/20 | For Sale | $339,900 | +749.8% | $174 / Sq Ft | |
| 09/13/2012 09/13/12 | Sold | $40,000 | -42.8% | $31 / Sq Ft | View Prior Sale |
| 08/16/2012 08/16/12 | Pending | -- | -- | -- | |
| 05/24/2012 05/24/12 | For Sale | $69,900 | -- | $54 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,007 | $7,089 | -- | -- |
| 2024 | $939 | $6,752 | -- | -- |
| 2023 | $939 | $30,350 | $6,070 | $24,280 |
| 2022 | $869 | $21,360 | $4,270 | $17,090 |
| 2021 | $865 | $17,960 | $3,590 | $14,370 |
| 2020 | $875 | $14,810 | $2,960 | $11,850 |
| 2019 | $874 | $13,010 | $2,600 | $10,410 |
| 2018 | $859 | $9,720 | $1,940 | $7,780 |
| 2017 | $836 | $9,400 | $1,880 | $7,520 |
| 2016 | $812 | $7,570 | $1,510 | $6,060 |
| 2015 | $748 | $6,130 | $1,220 | $4,910 |
Source: Public Records
Agents Affiliated with this Home
-
Chad Vice
-
Michelle Kapitan
M
Buyer's Agent in 2020
Michelle Kapitan
West USA Realty
(480) 322-7950
6 Total Sales
-
Eidan Azuly
E
Seller's Agent in 2012
Eidan Azuly
Arizona Elite Properties
(480) 363-3086
19 Total Sales
-
Brittney Hernandez
Seller Co-Listing Agent in 2012
Brittney Hernandez
Arizona Elite Properties
(480) 703-4580
41 Total Sales
-
Steven Armstead
Buyer's Agent in 2012
Steven Armstead
HomeSmart
(602) 281-0789
3 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6044720
APN: 111-24-090
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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