Seller's Agent in 2016
Linda Fritz-Salazar
Orion Investment Real Estate
(602) 445-4141
4415 S 8th St Phoenix, AZ 85040
South Mountain NeighborhoodEstimated Value: $251,000 - $352,000
Studio
2
Baths
1,366
Sq Ft
$230/Sq Ft
Est. Value
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Heating System Uses Natural Gas
About This Home
As of June 2016Newly remodeled and sharp! Moon River is located in the high demand
Melrose District, located between Camelback Road on the north and Indian School Road on the south. There are two identical twelve-plex units, facing one another on each side of 8th Avenue. Moon River is block constructed with pitched shingles roofs. All units were converted to heat pumps (from window A/C's), and extensive remodeling has been completed. Rents are increasing dramatically in this area. This dynamic neighborhood has seen a dramatic upturn with revitilazation of existing properties as well as many new retail and service companies locating within the district. The Melrose District is located between Central and 15th Avenues and Camelback and Indian School Roads in the heart of Phoenix. The property is also located just south of the "Grand Canal", one of Phoenix' water-way system canals. The City of Phoenix, in 2015, allocated $2,000,000 for the refurbishment and improvement of this canal to provide a trendy, refreshed walk-way for pedestrians and bicyclists.
Last Agent to Sell the Property
Orion Investment Real Estate License #BR027012000 Listed on: 03/17/2016
Last Buyer's Agent
Orion Investment Real Estate License #BR027012000 Listed on: 03/17/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,036
Year Built
- Built in 1956
Lot Details
- Additional Parcels
Home Design
- Composition Roof
- Block Exterior
Parking
- 24 Parking Spaces
- 24 Covered Spaces
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Heat Pump System
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Assessor Parcel Number 155-38-097-C
Community Details
Overview
- 2 Buildings
- 24 Units
- Building Dimensions are 0.87 AC
Building Details
- Operating Expense $62,136
- Net Operating Income $147,260
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 14, 2002
Sold by
Sunshine Properties Llc
Bought by
Marquez Gonzalo Ernesto
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marquez Gonzalo Ernesto | $12,323 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/17/2016 06/17/16 | Sold | $2,137,500 | -7.1% | $1,565 / Sq Ft |
| 04/11/2016 04/11/16 | Pending | -- | -- | -- |
| 02/25/2016 02/25/16 | For Sale | $2,300,000 | -- | $1,684 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,341 | $8,894 | -- | -- |
| 2024 | $1,269 | $8,470 | -- | -- |
| 2023 | $1,269 | $23,710 | $4,740 | $18,970 |
| 2022 | $1,244 | $17,950 | $3,590 | $14,360 |
| 2021 | $1,269 | $15,870 | $3,170 | $12,700 |
| 2020 | $1,253 | $15,520 | $3,100 | $12,420 |
| 2019 | $1,213 | $13,420 | $2,680 | $10,740 |
| 2018 | $1,315 | $11,750 | $2,350 | $9,400 |
| 2017 | $991 | $8,630 | $1,720 | $6,910 |
| 2016 | $940 | $9,370 | $1,870 | $7,500 |
| 2015 | $873 | $6,870 | $1,370 | $5,500 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Fritz-Salazar
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5414420
APN: 113-46-045
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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