Kerri Schrand
Responds Quickly
Coldwell Banker Realty
(623) 400-5583
89 Total Sales
2 in Alhambra
$881K - $1.1M Price Range
4401 N 23rd Ave Phoenix, AZ 85015
Alhambra NeighborhoodEstimated Value: $413,000 - $669,000
Studio
--
Bath
2,522
Sq Ft
$227/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceiling Fan
- Individual Controls for Heating
- Phoenix Coding Academy Rated A
About This Home
As of November 202023rd AVE is a 12-unit apartment community located less than two miles northwest of Phoenix's most prestigious employment hotspot, the Innovation Corridor. As a point of pride for the area, the corridor is comprised of midtown and downtown Phoenix, and boasts more than ±171,000 employees across ±1,700 businesses. The property is also positioned approximately two miles southwest of Christown Spectrum Mall - an iconic Phoenix retail center featuring Harkins Theaters, Walmart, and Target. Developed in 1961, 23rd Ave is comprised of complementary mix of one- and two-bedroom floor plans averaging ±630-square-feet. Future ownership will have the opportunity to bring all units up to market rent burning through the in-place loss-to-lease and to add a RUBS or
utility recapture for domestic water,
Create a Home Valuation Report for This Property
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,020
Year Built
- Built in 1961
Lot Details
- 0.32
Home Design
- Composition Roof
- Block Exterior
Parking
- 3 Open Parking Spaces
- 15 Parking Spaces
- 12 Covered Spaces
- Common or Shared Parking
Schools
- Westwind Elementary School
- R E Simpson Middle School
- Alhambra High School
Utilities
- Cooling Available
- Individual Controls for Heating
- Separate Meters
Additional Features
- Ceiling Fan
- Additional Parcels
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 5
- Assessor Parcel Number 154-16-006-A
Community Details
Overview
- 3 Buildings
- 12 Units
- Building Dimensions are Retangular
- Tierra Frutal Subdivision
Building Details
- Operating Expense $39,556
- Gross Income $115,361
- Net Operating Income $75,941
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 18, 2021
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Sep 21, 2020
Closed on
Oct 27, 2020
Sold by
Bought by
Seller's Agent
Craig Young
Real Broker
Buyer's Agent
Joseph Sisneros
RE/MAX Premier
List Price
$1,475,000
Sold Price
$1,314,000
Premium/Discount to List
-$161,000
-10.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.52%
Original Mortgage
$328,500
Outstanding Balance
$285,571
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$287,067
Purchase Details
Closed on
Oct 17, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Interest Rate
3.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 27, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
4.43%
Mortgage Type
Commercial
Purchase Details
Listed on
May 22, 2017
Closed on
Jul 5, 2017
Sold by
Bought by
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Bryan Mortensen
LRA Real Estate Group, LLC
List Price
$675,000
Sold Price
$630,000
Premium/Discount to List
-$45,000
-6.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.05%
Purchase Details
Listed on
Mar 2, 2016
Closed on
May 25, 2016
Sold by
Bought by
Seller's Agent
Sophia Baron
Real Broker
Buyer's Agent
Terry Kass
Coldwell Banker Commercial Realty
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.79%
Original Mortgage
$372,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 24, 2011
Sold by
Bought by
Purchase Details
Closed on
Sep 13, 2010
Sold by
Bought by
Purchase Details
Closed on
May 20, 2010
Sold by
Bought by
Purchase Details
Closed on
Feb 18, 2010
Sold by
Bought by
Purchase Details
Closed on
Jun 11, 2009
Sold by
Bought by
Purchase Details
Closed on
May 16, 2007
Sold by
Bought by
Purchase Details
Closed on
May 2, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
1.37%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Feb 26, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
5.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,425
Interest Rate
5.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 15, 2002
Sold by
Bought by
Purchase Details
Closed on
Jan 10, 2002
Sold by
Bought by
Purchase Details
Closed on
Feb 21, 1998
Sold by
Bought by
Purchase Details
Closed on
Jan 2, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Alhambra, AZ
-
Kerri Schrand
-
Michelle Kemper
Michelle Kemper
Shebang Realty
(623) 624-9078
49 Total Sales
1 in Alhambra
$215,000 Price
-
Andrea Garcia
Andrea Garcia
Responds QuicklyKeller Williams Realty Sonoran Living
(623) 900-1696
267 Total Sales
3 in Alhambra
$270K - $415K Price Range
-
James Kuttner
James Kuttner
RE/MAX Fine Properties
(623) 343-2925
104 Total Sales
5 in Alhambra
$305K - $485K Price Range
-
Jeff Barchi
Jeff Barchi
RE/MAX Fine Properties
(623) 745-8297
189 Total Sales
2 in Alhambra
$360K - $400K Price Range
-
Mayra Reyes
Mayra Reyes
W and Partners, LLC
(623) 432-8162
61 Total Sales
5 in Alhambra
$165K - $355K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $438,000 | Security Title | ||
| $925,000 | Chicago Title Agency Inc | ||
| $760,000 | Old Republic Title Agency | ||
| $630,000 | Old Republic Title Agency | ||
| $465,000 | First Arizona Title Agency | ||
| -- | Accommodation | ||
| -- | The Talon Group | ||
| $58,000 | The Talon Group | ||
| -- | None Available | ||
| -- | Accommodation | ||
| -- | None Available | ||
| $289,000 | Tsa Title Agency | ||
| -- | Old Republic Title Agency | ||
| $176,000 | Security Title Agency | ||
| -- | Stewart Title & Trust | ||
| $170,000 | Stewart Title & Trust | ||
| $220,500 | Chicago Title Insurance Co | ||
| $220,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $328,500 | ||
| Previous Owner | $693,750 | ||
| Previous Owner | $570,000 | ||
| Previous Owner | $372,000 | ||
| Previous Owner | $231,200 | ||
| Previous Owner | $136,500 | ||
| Previous Owner | $135,425 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/12/2020 11/12/20 | Sold | $1,314,000 | -10.9% | $521 / Sq Ft | |
| 10/05/2020 10/05/20 | Pending | -- | -- | -- | |
| 09/20/2020 09/20/20 | For Sale | $1,475,000 | +134.1% | $585 / Sq Ft | |
| 07/06/2017 07/06/17 | Sold | $630,000 | -6.7% | $250 / Sq Ft | View Prior Sale |
| 06/19/2017 06/19/17 | Pending | -- | -- | -- | |
| 05/22/2017 05/22/17 | For Sale | $675,000 | +45.2% | $268 / Sq Ft | |
| 05/31/2016 05/31/16 | Sold | $465,000 | -6.8% | $184 / Sq Ft | View Prior Sale |
| 02/23/2016 02/23/16 | For Sale | $499,000 | -- | $198 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,791 | $11,327 | ||
| 2024 | $1,635 | $10,787 | ||
| 2023 | $1,635 | $40,710 | $8,140 | $32,570 |
| 2022 | $1,610 | $29,970 | $5,990 | $23,980 |
| 2021 | $1,625 | $25,750 | $5,150 | $20,600 |
| 2020 | $1,562 | $21,780 | $4,350 | $17,430 |
| 2019 | $1,543 | $17,680 | $3,530 | $14,150 |
| 2018 | $1,424 | $13,600 | $2,720 | $10,880 |
| 2017 | $1,406 | $13,900 | $2,780 | $11,120 |
| 2016 | $1,347 | $12,080 | $2,410 | $9,670 |
| 2015 | $1,275 | $10,210 | $2,040 | $8,170 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Young
Seller's Agent in 2020
Craig Young
Real Broker
(480) 773-2183
8 in this area
139 Total Sales
-
Joseph Sisneros
J
Buyer's Agent in 2020
Joseph Sisneros
RE/MAX
(480) 626-5933
30 Total Sales
-
Terry Kass
Seller's Agent in 2017
Terry Kass
Coldwell Banker Commercial Realty
(602) 330-2525
21 Total Sales
-
M
Seller Co-Listing Agent in 2017
Mark Skelpsa
HomeSmart Realty
-
Bryan Mortensen
Buyer's Agent in 2017
Bryan Mortensen
LRA Real Estate Group, LLC
(602) 509-4835
93 Total Sales
-
Sophia Baron
Seller's Agent in 2016
Sophia Baron
Real Broker
(480) 375-0227
2 in this area
24 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6135431
APN: 154-16-006A
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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