NOT LISTED FOR SALE

4310 N 23rd Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $453,742 - $739,000

-- Bed
-- Bath
3,024 Sq Ft
$188/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $280,000 $93 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,141/month

64 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of April 2019

Awesome 4plex in great rental area! All units are rented with long term tenants! Units are 2 bedroom, 1 bath with a separate coin operated laundry. Centrally located - less than 1 mile to light rail for access to entire Valley as well as major highways, shopping centers and minutes from Downtown Phoenix! Rents ae $635, $690, $670 and $625 - Rents can be raised easily!!

Last Agent to Sell the Property

Marla Wicks

Better Homes & Gardens Real Estate SJ Fowler License #SA535997000 Listed on: 01/21/2019

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Eric Ford

My Home Group Real Estate License #SA640295000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 1979

Lot Details

  • 0.26

Home Design

  • Wood Frame Construction
  • Stone Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 154-17-007-M

Community Details

Overview

  • 4 Units
  • Building Dimensions are 23557 sqft
  • Fruitland Acres 9 11, 13 16 Subdivision

Building Details

  • Operating Expense $11,946
  • Gross Income $29,859
  • Net Operating Income $17,632

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,607

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: 23rd Avenue and Indian School
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1979
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2389.0
  • Subdivision Name: FRUITLAND ACRES 9-11, 13-16
  • Tax Parcel Letter: M
  • 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: Stucco, Frame - Wood
  • Roof: Rock, See Remarks
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:See Remarks15: Yes

Fee Information

  • Annual Water Sewer Expense: 3356.0

Lot Info

  • Lot Size: 23557 sqft
  • Additional Parcels: No
  • Parcel #: 154-17-007-M

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 734.0
  • Annual Gross Income: 29859.0
  • Insurance Expense: 1100.0
  • Maintenance Expense: 2760.0
  • Property Net Operating Income: 17632.0
  • Annual Operating Expense: 11946.0

Tax Info

  • Tax Annual Amount: 1607.0
  • Tax Book Number: 154.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2020
Sold by
Benham Kyle
Bought by
T 6 Texan Llc
Current Estimated Value
$567,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,600
Outstanding Balance
$226,389
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$341,547

Purchase Details

Listed on
Jan 21, 2019
Closed on
Apr 26, 2019
Sold by
Benham Jennifer
Bought by
Benham Kyle
Seller's Agent
Marla Wicks
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Eric Ford
My Home Group Real Estate
List Price
$339,000
Sold Price
$280,000
Premium/Discount to List
-$59,000
-17.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$210,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2019
Closed on
Apr 18, 2019
Sold by
Tang Yi
Bought by
Benham Kyle
Seller's Agent
Marla Wicks
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Eric Ford
My Home Group Real Estate
List Price
$339,000
Sold Price
$280,000
Premium/Discount to List
-$59,000
-17.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2011
Sold by
Zhao Jianwu
Bought by
Tang Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2007
Sold by
Angel Robert and Angel Esthela
Bought by
Angel House Apartments Llc

Purchase Details

Closed on
Jul 7, 2003
Sold by
Arellano Pablo and Arellano Zayda I
Bought by
Angel Robert C and Angel Maria Esthela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 1998
Sold by
Goff Thomas H and Goff Lois J
Bought by
Arellano Pablo and Arellano Zayda I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,499
Interest Rate
7.05%
Mortgage Type
FHA
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
T 6 Texan Llc -- Fidelity Natl Ttl Agcy Inc
Benham Kyle -- Landmark Ttl Assurance Agcy
Benham Kyle $280,000 Landmark Ttl Assurance Agcy
Tang Yi -- Security Title Agency
Tang Yi $110,000 Security Title Agency
Angel House Apartments Llc -- Security Title Agency
Angel House Apartments Llc -- None Available
Angel Robert C $130,000 Capital Title Agency Inc
Arellano Pablo $105,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open T 6 Texan Llc $254,600
Previous Owner Benham Kyle $210,000
Previous Owner Angel House Apartments Llc $82,500
Previous Owner Angel Robert C $117,000
Previous Owner Arellano Pablo $104,499
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $280,000 -6.7% $93 / Sq Ft
03/21/2019 03/21/19 Price Changed $299,999 -4.8% $99 / Sq Ft
03/07/2019 03/07/19 Price Changed $314,999 -7.1% $104 / Sq Ft
01/22/2019 01/22/19 For Sale $339,000 +21.1% $112 / Sq Ft
01/21/2019 01/21/19 Off Market $280,000 -- --
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 $2,021 $12,780 -- --
2024 $1,845 $12,172 -- --
2023 $1,845 $43,920 $8,780 $35,140
2022 $1,816 $32,660 $6,530 $26,130
2021 $1,833 $27,410 $5,480 $21,930
2020 $1,762 $23,510 $4,700 $18,810
2019 $1,741 $19,620 $3,920 $15,700
2018 $1,607 $16,850 $3,370 $13,480
2017 $1,587 $15,480 $3,090 $12,390
2016 $1,520 $13,510 $2,700 $10,810
2015 $1,439 $11,460 $2,290 $9,170
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Marla Wicks

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image
  • Eric Ford

    Buyer's Agent in 2019

    Eric Ford

    My Home Group Real Estate

    (602) 538-5544

    2 in this area

    259 Total Sales

    Eric Ford
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5871166

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-17-007M

Arizona Maricopa County Phoenix 85015 Alhambra

4310 N 23rd Ave, Phoenix, AZ

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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