NOT LISTED FOR SALE

Estimated Value: $939,000 - $1,275,000

-- Bed
-- Bath
4,942 Sq Ft
$219/Sq Ft Est. Value

Last Sold September 13, 2017

Last sale price $1,490,000 $301 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $6,247/month

1 Day on Market

Highlights

  • Heated Community Pool
  • Community Barbecue Grill
  • Central Air
  • Phoenix Coding Academy Rated A
  • Stone Flooring
  • Heat Pump System

About This Home

As of September 2017

Hampton on 26th is a boutique multi-family asset offering tastefully updatedand apartments with modern amenities. The units have been completely renovated and feature modern shaker style cabinetry with
brushed nickel hardware, new grey granyte countertops, polished concrete
flooring, and full-size high-end stainless steel appliances. Bathrooms offer tastefully upgraded designer tile shower surrounds and the washer dryers are high-end stackable units. The fit and finish of these improvements is of new construction quality. Private fenced back yards, reserved covered tenant parking and tenant storage are offered at select units. Roofs have been replaced along with most AC units. Site amenities include a re-plastered code-compliant swimming pool, a tenant bar-b-que area & overflow parking.

Last Agent to Sell the Property

Scott Trevey

REI Marketing License #SA539099000 Listed on: 08/28/2017

Last Buyer's Agent

Linda Fritz-Salazar

Orion Investment Real Estate License #BR027012000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,107

Year Built

  • Built in 1963

Lot Details

  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Stone
  • Concrete

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping, pool/spa maintenance
  • Tax Lot 7
  • Assessor Parcel Number 163-05-038-C

Community Details

Overview

  • 3 Buildings
  • 10 Units
  • Building Dimensions are irreg
  • Citrus Heights Lots 10 33 Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $32,787
  • Gross Income $120,840
  • Net Operating Income $88,158

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,107

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Campbell at 26th
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M, R-3
  • Number Of Buildings: 3
  • Year Built: 1963
  • Tax Year: 2016
  • Road Surface Type: Asphalt, Concrete
  • Professional Management Expense: 7400.0
  • Subdivision Name: CITRUS HEIGHTS LOTS 10-33
  • Tax Parcel Letter: C
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Stone, Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Other, See Remarks, Painted, Block, Brick
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Heat Pump, Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, 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
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Barbecue: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Fee Information

  • Annual Fuel Expense: 1800.0
  • Annual Water Sewer Expense: 9800.0

Lot Info

  • Lot Size: irreg
  • Additional Parcels: Yes
  • Parcel #: 163-05-038-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Cable TV
  • Number Of Units Total: 10
  • Electric Expense: 3200.0
  • Annual Gross Income: 120840.0
  • Insurance Expense: 2480.0
  • Maintenance Expense: 2500.0
  • Property Net Operating Income: 88158.0
  • Annual Operating Expense: 32787.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 5107.0
  • Tax Book Number: 163.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Mansfield Kellie A and Mansfield Jeffery Scott
Bought by
Mansfield Kellie A
Total Days on Market
1
Current Estimated Value
$1,080,057

Purchase Details

Listed on
Aug 28, 2017
Closed on
Sep 22, 2017
Sold by
4227 N 26Th Street Llc
Bought by
Mansfield Jeffery S and Mansfield Kellie A
Seller's Agent
Scott Trevey
REI Marketing
Buyer's Agent
Linda Fritz-Salazar
Orion Investment Real Estate
List Price
$1,490,000
Sold Price
$1,490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.70%
Original Mortgage
$905,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2016
Sold by
Krish Equities Lllp
Bought by
4227 N 26Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,475
Interest Rate
3.66%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 25, 2011
Sold by
14646 Magnolia Condos Inc
Bought by
Krish Equities Lllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
4.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 3, 2003
Sold by
Mollard John H
Bought by
Lopez Juan P and Lopez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 1995
Sold by
Traverse Joseph and Peifer Joyce A
Bought by
Mollard John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
9.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 5, 1993
Sold by
Peifer
Bought by
Mires James R
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
Mansfield Kellie A -- None Listed On Document
Mansfield Jeffery S $1,490,000 American Title Service Agenc
4227 N 26Th Street Llc $571,000 American Title Svc Agency Ll
Krish Equities Lllp $315,000 American Title Service Agenc
Lopez Juan P $170,000 Fidelity National Title
Lopez Juan P $220,000 Fidelity National Title
Mollard John H $280,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mansfield Jeffery S $905,000
Previous Owner 4227 N 26Th Street Llc $599,475
Previous Owner Krish Equities Lllp $205,000
Previous Owner Hwh Biltmore Valencia Estates Llc $1,500,000
Previous Owner Lopez Juan P $165,000
Previous Owner Lopez Juan P $136,000
Previous Owner Mollard John H $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2017 09/13/17 Sold $1,490,000 0.0% $301 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $1,490,000 -- $301 / 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 $2,414 $19,438 -- --
2024 $2,350 $18,513 -- --
2023 $2,350 $66,650 $20,670 $45,980
2022 $2,280 $53,390 $16,560 $36,830
2021 $2,299 $45,160 $14,010 $31,150
2020 $2,263 $34,890 $10,820 $24,070
2019 $2,214 $29,380 $9,110 $20,270
2018 $2,159 $25,710 $5,140 $20,570
2017 $2,058 $25,130 $5,020 $20,110
2016 $1,987 $20,460 $4,090 $16,370
2015 $1,845 $17,260 $3,450 $13,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5652710

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-05-038C