NOT LISTED FOR SALE

4320 N 23rd Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $423,000 - $494,000

1 Bed
-- Bath
1,056 Sq Ft
$439/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $207,500 $196 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,549/month

3 Days on Market

Highlights

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

About This Home

As of June 2017

4 PLEX ! GREAT INVESTMENT WITH TENANTS IN PLACE ..Fourplex with all 1-bedroom/1-bath units, Tenants pay for electricity. Owner pays for water (which includes the sewer and trash service. All 4 units are rented out with per unit rents $450-$475. No showings until your contract is accepted. Please do not disturb the tenants. exterior freshly painted. 100% occupied Excellent established tenants in all units.PLEASE DO NOT DISTURB THE TENANTS !!!

Last Agent to Sell the Property

Alejandro Sanchez

HomeSmart License #SA546000000 Listed on: 06/06/2017

HomeSmart

Last Buyer's Agent

Andrew Tate

Keller Williams Arizona Realty License #BR038343000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $984

Year Built

  • Built in 1965

Lot Details

  • 0.26

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

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

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 11171
  • Fruitland Acres 9 11, 13 16 Subdivision

Building Details

  • Operating Expense $5,090
  • Gross Income $22,320
  • Net Operating Income $17,376

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$984

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: CAMELBACK &23 AVE
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1965
  • Tax Year: 2016
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: FRUITLAND ACRES 9-11, 13-16
  • Tax Parcel Letter: D
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: 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: No Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1854.0

Lot Info

  • Lot Size: 11171
  • Additional Parcels: No
  • Parcel #: 154-17-007-D

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 300.0
  • Annual Gross Income: 22320.0
  • Insurance Expense: 750.0
  • Property Net Operating Income: 17376.0
  • Annual Operating Expense: 5090.0

Tax Info

  • Tax Annual Amount: 984.0
  • Tax Book Number: 154.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2017
Closed on
Jun 22, 2017
Sold by
Nunez Lorena
Bought by
Nelson Ii Llc
Seller's Agent
Alejandro Sanchez
HomeSmart
Buyer's Agent
Andrew Tate
Keller Williams Arizona Realty
List Price
$209,000
Sold Price
$207,500
Premium/Discount to List
-$1,500
-0.72%
Current Estimated Value
$463,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,391
Avg. Annual Appreciation
10.14%

Purchase Details

Listed on
Jun 10, 2015
Closed on
Jul 23, 2015
Sold by
Empire Properties Inc
Bought by
Nunez Lorena
Seller's Agent
Larry Goldstein
My Home Group Real Estate
Buyer's Agent
Alejandro Sanchez
HomeSmart
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$127,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Bank Of New York
Bought by
Haddad Haithem and Haddad Linda

Purchase Details

Closed on
Oct 10, 2005
Sold by
Vasquez Elvia
Bought by
Vasquez Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,700
Interest Rate
5.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 28, 2005
Sold by
Wright Tyron
Bought by
Vasquez Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,700
Interest Rate
5.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 18, 2004
Sold by
Mot Mircea and Mot Daniela M
Bought by
Wright Tyron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2002
Sold by
Mot Mircea and Negru Ilie
Bought by
Mot Mircea and Mot Daniela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
5.96%

Purchase Details

Closed on
Nov 14, 2000
Sold by
Warda George Y and Warda Marie G
Bought by
Mot Mircea and Negru Ilie

Purchase Details

Closed on
Jun 10, 1999
Sold by
Marie Ina
Bought by
Warda George Y and Warda Marie G
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nelson Ii Llc $207,500 Empire West Title Agency
Nunez Lorena $170,000 North American Title Company
Haddad Haithem $38,500 First American Title Ins Co
Vasquez Victor -- Ticor Title Agency Of Az Inc
Vasquez Victor $237,000 Ticor Title Agency Of Az Inc
Wright Tyron $195,500 Chicago Title Insurance Co
Mot Mircea -- American Title Ins Agency Az
Mot Mircea $130,000 Capital Title Agency
Warda George Y $100,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nunez Lorena $127,500
Previous Owner Vasquez Victor $23,700
Previous Owner Vasquez Victor $189,500
Previous Owner Vasquez Victor $189,500
Previous Owner Wright Tyron $156,000
Previous Owner Mot Mircea $136,800
Closed Wright Tyron $29,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2017 06/30/17 Sold $207,500 -0.7% $196 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $209,000 +22.9% $198 / Sq Ft
08/14/2015 08/14/15 Sold $170,000 -2.9% $161 / Sq Ft View Prior Sale
06/29/2015 06/29/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $175,000 -- $166 / 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 $1,309 $8,278 -- --
2024 $1,195 $7,884 -- --
2023 $1,195 $32,330 $6,460 $25,870
2022 $1,176 $24,050 $4,810 $19,240
2021 $1,187 $21,010 $4,200 $16,810
2020 $1,142 $18,110 $3,620 $14,490
2019 $1,127 $15,060 $3,010 $12,050
2018 $1,041 $11,820 $2,360 $9,460
2017 $1,028 $11,450 $2,290 $9,160
2016 $984 $9,760 $1,950 $7,810
2015 $932 $8,200 $1,640 $6,560
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Alejandro Sanchez

    HomeSmart

    (602) 499-0066

    3 in this area

    63 Total Sales

    Alejandro Sanchez
    Section Image
  • Andrew Tate

    Buyer's Agent in 2017

    Andrew Tate

    Keller Williams Arizona Realty

    (480) 203-7498

    4 in this area

    8 Total Sales

    Andrew Tate
    Section Image

  • L

    Seller's Agent in 2015

    Larry Goldstein

    My Home Group Real Estate

    Section Image
  • Sue Person

    Seller Co-Listing Agent in 2015

    Sue Person

    My Home Group Real Estate

    (602) 989-4300

    20 Total Sales

    Sue Person
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5615914

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-17-007D

Arizona Maricopa County Phoenix 85015 Alhambra

4320 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

Nearby Homes