$220,000
SOLD JUN 6, 2016

4412 N 53rd Ln Phoenix, AZ 85031

-- Bed
-- Bath
4,426 Sq Ft
9,322 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

2% Below List Price

283 Days on Market

Highlights

  • 5 Car Attached Garage
  • Multiple cooling system units
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring

About This Home

As of September 2021

WOW, this fourplex offers the perfect mix of good sized units with three two bedroom units and one three bedroom unit. This 4,426 square foot multi-family home sits on a 9,334 square foot lot. All of the units have a garage with the three bedroom having a 2 car garage. All garages have washer/dryer hookups. Ground floor units have private rear patio’s/yards and the upper unit has a balcony. Nearby schools include John F. Long Elementary School, Marc T. Atkinson Middle School and Bret R. Tarver Elementary School. 4412 N 53rd Ln is near Maryvale Park, Marivue Park and Orme Park. All units are kept in good repair by current owner with two of the four units being reconditioned in the last 4 months.

Last Agent to Sell the Property

Mike Datema

HomeSmart License #SA651503000 Listed on: 07/17/2015

HomeSmart

Last Buyer's Agent

Victoria Yang

Sweet Dream Homes Realty License #BR650899000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 1973

Parking

  • 5 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Multiple cooling system units
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 6
  • Assessor Parcel Number 144-44-052

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9334
  • Parkway Village Subdivision

Building Details

  • Operating Expense $11,524
  • Gross Income $31,920
  • Net Operating Income $18,686

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,524

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: 53rd ave and Campbell
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Subdivision Name: PARKWAY VILLAGE
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition, Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Attached, 1 Space/Unit
  • Attached Garage: Yes
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Garage Details: Yes
  • Parking:Attached: Yes

Utilities

  • Electric: SRP
  • Cooling: 2 or More Units
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2280.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 9334
  • Additional Parcels: No
  • Parcel #: 144-44-052

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 31920.0
  • Insurance Expense: 1600.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 18686.0
  • Annual Operating Expense: 11524.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2524.0
  • Tax Book Number: 144.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Sep 29, 2021
Sold by
Tong Phoung Huu and Nguyen Diep Truc
Bought by
Quinones Brenda and Quinones Herman
Seller's Agent
Jennifer Mirigliani
Romano Realty LLC
Buyer's Agent
Herman Quinones
HQ Property Services
List Price
$570,000
Sold Price
$550,000
Premium/Discount to List
-$20,000
-3.51%
Current Estimated Value
$660,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,681
Avg. Annual Appreciation
4.63%
Original Mortgage
$440,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 21, 2018
Closed on
Oct 2, 2018
Sold by
Lei Jin Yuan and Yu Qi Xia
Bought by
Tong Phuong Huu and Nguyen Diep Truc
Seller's Agent
Victoria Yang
Sweet Dream Homes Realty
Buyer's Agent
Christine Holwell
Romano Realty LLC
List Price
$319,000
Sold Price
$310,000
Premium/Discount to List
-$9,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.14%
Original Mortgage
$182,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2018
Sold by
Lei Jin Yuan and Yu Qi Xia
Bought by
Parkway Village Estates Homeowners Assoc

Purchase Details

Listed on
Jul 17, 2015
Closed on
Apr 26, 2016
Sold by
Byrns Nicole
Bought by
Lei Jin Yuan and Yu Qi Xia
Seller's Agent
Mike Datema
HomeSmart
Buyer's Agent
Victoria Yang
Sweet Dream Homes Realty
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.63%
Original Mortgage
$165,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2014
Sold by
Maraval Llc
Bought by
Byrns Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2014
Sold by
Diaz Cruz R
Bought by
Smith & Williams Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
4.2%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 27, 2012
Closed on
Jun 22, 2012
Sold by
Diaz Raquel
Bought by
Smith & Willians Llc
Seller's Agent
Bret Bowdish
Arizona Executives
Buyer's Agent
José Díaz
Planet Realty
List Price
$144,900
Sold Price
$139,900
Premium/Discount to List
-$5,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%
Original Mortgage
$94,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 27, 2012
Closed on
Jun 19, 2012
Sold by
Federal National Mortgage Association
Bought by
Diaz Raquel
Seller's Agent
Bret Bowdish
Arizona Executives
Buyer's Agent
José Díaz
Planet Realty
List Price
$144,900
Sold Price
$139,900
Premium/Discount to List
-$5,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2010
Sold by
Byrne Anya and Hogan Phillip
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 29, 2004
Sold by
Bookspan Todd and Bookspan Tara
Bought by
Byrne Anya and Hogan Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2002
Sold by
Brown Kenneth D
Bought by
Bookspan Todd and Bookspan Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1996
Sold by
Evans Gary W and Evans Linda K
Bought by
Brown Kenneth D

Purchase Details

Closed on
Dec 15, 1994
Sold by
Dendekker Willie T and Dendekker Joseta
Bought by
Evans Gary W and Evans Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
9.29%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in the area

  • 4111 W Reade Ave, Phoenix, AZ 85019

    $190,000

    • 3 Beds
    • 1.5 Baths
    • 924 Sq Ft
    • 4111 W Reade Ave
    • Phoenix, AZ

    WOW!! This property is currently occupied with a tenant in place, making it a turnkey investment opportunity from day one. Recently updated and well maintained, it requires minimal upkeep and sits in a prime location with strong rental demand. Whether you're looking to expand your portfolio or get started with a performing asset, this is the kind of deal that rarely hits the market in this price

    Nolan Rucker eXp Realty

    Section Image
  • 13212 N 26th Dr, Phoenix, AZ 85029

    $279,000

    • 2 Beds
    • 2 Baths
    • 1,107 Sq Ft
    • 13212 N 26th Dr
    • Phoenix, AZ

    Don't miss this charming single‑level townhome featuring a spacious two-car garage. Step inside to discover plush carpeting in the living room and bedrooms, complemented by tile flooring throughout the dining area and kitchen. The vaulted ceilings add an airy, open feel. Convenience is key with an indoor laundry space. The galley-style kitchen showcases elegant maple cabinetry paired with

    Tanya Toliver SERHANT.

    Section Image
  • 6000 E Camelback Rd Unit 7707, Scottsdale, AZ 85251

    $174,000

    • 3 Beds
    • 3 Baths
    • 2,432 Sq Ft
    • 6000 E Camelback Rd
    • Unit 7707
    • Scottsdale, AZ

    This fractional 3 bedroom, 3-1/2 bath unit with a convertible den, plunge pool, hot tub, grill, fire pit, fireplace, full kitchen with twice daily housekeeping, golf cart with golf course view and end unit. The master bath has a soaker tub. Week 12 Friday-Friday and week 42 Friday to Friday with a floating summer week. Only one week either in the spring or fall is required to stay at the

    Karen Abinet Karen Abinet Home In Motion Realty

    Section Image
  • 6000 E Camelback Rd Unit 7707, Scottsdale, AZ 85251

    $179,000

    • 3 Beds
    • 3.5 Baths
    • 2,432 Sq Ft
    • 6000 E Camelback Rd
    • Unit 7707
    • Scottsdale, AZ

    Fractional Ownership! Enjoy this desert getaway 3 weeks per year. Own a piece of The Phoenician resort with this spacious 3 bedroom + den, 3 1/2 bath villa! Complete with a private pool, hot tub, outdoor grill, fire pit, fireplace, and full kitchen with twice daily housekeeping. This end unit enjoys golf course and mountain views from the patio. The unit comes w/its own concierge service and golf

    Cassandra Reyes Berkshire Hathaway HomeServices Arizona Properties

    Section Image
  • 317 W Tonopah Dr Unit 2, Phoenix, AZ 85027

    $239,900

    • 2 Beds
    • 2 Baths
    • 863 Sq Ft
    • 317 W Tonopah Dr
    • Unit 2
    • Phoenix, AZ

    Beautifully remodeled single-level 2-bed, 2-bath condo in a well maintained complex in Phoenix! No neighbors above or below, offering privacy for the unit. Move-in ready with modern finishes, an open layout, and a cozy natural wood-burning fireplace. The enclosed patio provides extra space, while the kitchen and bedrooms offer ample storage. Includes one covered carport spaces as well as street

    Michael Troisi Real Estate Collection

    Section Image

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 Type Sale Price Title Company
Warranty Deed $550,000 Millennium Title Agency
Warranty Deed $310,000 Millennium Title Agency Llc
Quit Claim Deed -- None Available
Warranty Deed $220,000 First American Title Ins Co
Warranty Deed $184,000 First American Title
Warranty Deed -- None Available
Warranty Deed -- None Available
Special Warranty Deed -- Servicelink
Trustee Deed $245,164 Stewart Title
Warranty Deed $295,000 Fidelity National Title
Warranty Deed $215,000 Transnation Title Insurance
Cash Sale Deed $125,300 Chicago Title Insurance Co
Joint Tenancy Deed $120,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Closed $440,000 Commercial
Previous Owner $182,400 New Conventional
Previous Owner $165,000 New Conventional
Previous Owner $128,800 New Conventional
Previous Owner $132,800 Unknown
Previous Owner $94,000 Purchase Money Mortgage
Previous Owner $236,000 New Conventional
Previous Owner $191,900 New Conventional
Previous Owner $84,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $550,000 -3.5% $124 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $570,000 +83.9% $129 / Sq Ft
10/05/2018 10/05/18 Sold $310,000 -2.8% $70 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
08/18/2018 08/18/18 For Sale $319,000 0.0% $72 / Sq Ft
08/04/2018 08/04/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $319,000 +45.0% $72 / Sq Ft
06/06/2016 06/06/16 Sold $220,000 -2.2% $50 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
07/17/2015 07/17/15 For Sale $224,900 +28.5% $51 / Sq Ft
02/25/2013 02/25/13 Sold $175,000 -9.1% $40 / Sq Ft
02/10/2013 02/10/13 Pending -- -- --
11/30/2012 11/30/12 For Sale $192,500 +37.6% $43 / Sq Ft
06/20/2012 06/20/12 Sold $139,900 -3.5% $32 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $144,900 -- $33 / 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 $2,987 $17,548 -- --
2024 $3,054 $16,713 -- --
2023 $3,054 $43,950 $8,790 $35,160
2022 $2,880 $31,720 $6,340 $25,380
2021 $2,915 $29,110 $5,820 $23,290
2020 $2,763 $25,170 $5,030 $20,140
2019 $2,644 $21,720 $4,340 $17,380
2018 $2,749 $20,030 $4,000 $16,030
2017 $2,659 $18,710 $3,740 $14,970
2016 $2,543 $16,480 $3,290 $13,190
2015 $2,372 $16,030 $3,200 $12,830
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5308710

Arizona Regional Multiple Listing Service (ARMLS)

APN: 144-44-052