NOT LISTED FOR SALE

4429 N 53rd Ln Phoenix, AZ 85031

Estimated Value: $523,000 - $941,000

Studio
-- Bath
4,322 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 02, 2020

Last sale price $350,000 $81 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,648/month

About This Home

An awesome opportunity to invest in a 4-plex in Phoenix, with an outstanding occupancy and rental history. 4 units, 5 car garage, 2 extra parking spots, tile roof. One unit is 3bed/2bath approx. 1600 sq. ft. 3 of the units are 2bed/1.5bath approx. 900 sq. ft. The 3 bedroom unit has a fireplace. 100% occupancy, and awesome financial records and history available dating back to 2011. Owner pays water/ sewer bill. Tenants pay electricity. Newer AC unit 1. Tenants have been there years, and we can provide financial records to serious inquiries. Please respect and do not disturb the occupants/ tenants. Buyer to verify all facts and figures.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
May 20, 2020
Sold by
Ahlstrom Shad M and Ahlstrom Kristin
Bought by
Ahlstrom Kristiin
Seller's Agent
John Decker
Realty ONE Group
Buyer's Agent
Kristen Ongstad
HomeSmart
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%
Current Estimated Value
$656,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,669
Avg. Annual Appreciation
11.78%
Original Mortgage
$262,500
Outstanding Balance
$232,611
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$424,058

Purchase Details

Listed on
Apr 17, 2020
Closed on
May 5, 2020
Sold by
Vanvorce Lynn
Bought by
Ahlstrom Kristin
Seller's Agent
John Decker
Realty ONE Group
Buyer's Agent
Kristen Ongstad
HomeSmart
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$232,611
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$424,058

Purchase Details

Closed on
Jun 8, 2018
Sold by
Vanvanvorce Lynn Van
Bought by
Parkway Village Estates Homeowners Assoc

Purchase Details

Closed on
Dec 26, 2004
Sold by
Bookspan Neal
Bought by
Vanvorce Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,700
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2002
Sold by
Regan George F and Regan Laurel A
Bought by
Bookspan Neal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 1999
Sold by
Hunt Opal F
Bought by
Regan George F and Regan Laurel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1998
Sold by
Hunt Randy Odes
Bought by
Hunt Opal F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
6.88%

Purchase Details

Closed on
Jun 3, 1997
Sold by
Hunt Virgil Dale
Bought by
Hunt Ople F and Hunt Randy Odes

Purchase Details

Closed on
Apr 22, 1997
Sold by
Hunt Opal F and Hunt Virgil Dale
Bought by
Bundy Elizbeth

Purchase Details

Closed on
Oct 23, 1996
Sold by
Bundy Elizabeth
Bought by
Hunt Opal F and Hunt Virgil Dale

Purchase Details

Closed on
Feb 2, 1996
Sold by
Klim Theresa E
Bought by
Hunt Opal F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
7.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ahlstrom Kristiin -- Lawyers Title Of Arizona Inc
Ahlstrom Kristin $350,000 Lawyers Title Of Arizona Inc
Parkway Village Estates Homeowners Assoc -- None Available
Vanvorce Lynn $298,000 Fidelity National Title
Bookspan Neal $210,000 Transnation Title Insurance
Regan George F $165,000 Arizona Title Agency Inc
Hunt Opal F -- First American Title
Hunt Ople F -- --
Bundy Elizbeth -- --
Hunt Opal F -- --
Bundy Elizabeth -- --
Hunt Opal F $124,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahlstrom Kristiin $262,500
Previous Owner Vanvorce Lynn $193,700
Previous Owner Bookspan Neal $189,000
Previous Owner Regan George F $115,500
Previous Owner Hunt Opal F $88,500
Previous Owner Hunt Opal F $74,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2020 06/02/20 Sold $350,000 +0.3% $81 / Sq Ft View Prior Sale
05/27/2020 05/27/20 For Sale $349,000 0.0% $81 / Sq Ft
05/27/2020 05/27/20 Price Changed $349,000 0.0% $81 / Sq Ft
04/17/2020 04/17/20 For Sale $349,000 -- $81 / Sq Ft

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 $2,811 $16,060 -- --
2024 $2,795 $15,295 -- --
2023 $2,795 $40,520 $8,100 $32,420
2022 $2,635 $29,800 $5,960 $23,840
2021 $2,668 $26,960 $5,390 $21,570
2020 $2,528 $23,200 $4,640 $18,560
2019 $2,419 $20,270 $4,050 $16,220
2018 $2,516 $18,750 $3,750 $15,000
2017 $2,433 $17,370 $3,470 $13,900
2016 $2,328 $15,200 $3,040 $12,160
2015 $2,171 $14,850 $2,970 $11,880
Source: Public Records

Agents Affiliated with this Home

  • John Decker

    Seller's Agent in 2020

    John Decker

    Realty One Group

    (928) 899-5715

    57 Total Sales

    John Decker
    Section Image
  • Kristen Ongstad

    Buyer's Agent in 2020

    Kristen Ongstad

    HomeSmart

    (602) 689-0480

    11 Total Sales

    Kristen Ongstad
    Section Image
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Map

Arizona Maricopa County Phoenix 85031

4429 N 53rd Ln, Phoenix, AZ

Not Listed for Sale

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