$210,000
SOLD NOV 22, 2013

4633 N 8th Place Phoenix, AZ 85014

Camelback East Village Neighborhood
-- Bed
-- Bath
798 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$263 Per Sq Ft

5% Below List Price

43 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of November 2013

GREAT OPPORTUNITY FOR INVESTOR OF OWNER OCCUPANT. TUDOR STYLE HOME IN FRONT WITH 3 INDIVIDUAL APARTMENTS IN THE BACK. ALL UNITS NICELY UPDATED. HOUSE HAS HARDWOOD FLOORS, TILE IN BATH & KITCHEN, COVE CEILINGS, FIREPLACE, FORMAL DINING ROOM & AN OFFICE NOOK OFF THE KITCHEN. THREE APARTMENTS IN BACK ARE ALL 1 BED/1 BATH, EACH WITH SEPARATE ELECT & GAS METERS. OWNER PAYS WATER--ONE LINE. COMMUNITY LAUNDRY ROOM IN BACK OF HOUSE WITH W&D INCLUDED. GREAT CASH FLOW & PROPERTY WITH CHARACTER. VIEWING CONTINGENT UPON ACCEPTED CONTRACT--PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Rick Krussman

HomeSmart License #SA509866000 Listed on: 09/10/2013

HomeSmart

Last Buyer's Agent

Rick Krussman

HomeSmart License #SA509866000 Listed on: 09/10/2013

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,190

Year Built

  • Built in 1951

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Wood Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Madison Camelview Elementary School
  • Madison Park Middle School
  • North High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 18
  • Assessor Parcel Number 155-20-113

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Building Dimensions are 6425
  • Minnezona Unit 2 Subdivision

Building Details

  • Operating Expense $5,380
  • Gross Income $26,160
  • Net Operating Income $20,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,190

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Cross Street: CAMELBACK & 7TH STREET
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 3
  • Year Built: 1951
  • Tax Year: 2012
  • Directions: SOUTH ON 7TH STREET TO HIGHLAND, EAST ONE BLOCK TO 8TH PLACE, SOUTH TO PROPERTY. PLEASE DO NOT DISTURB TENANTS--ALL UNITS OCCUPIED.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: MINNEZONA UNIT 2
  • Construction Brick: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Brick, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: 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:Street Parking: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Individual, Electric, Wall/Window Unit(s)
  • Heating: Individual, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Shutters2: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Madison Camelview Elementary
  • High School: North High School
  • Middle Or Junior School: Madison Park School

Lot Info

  • Lot Size: 6425
  • Additional Parcels: No
  • Parcel #: 155-20-113

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 26160.0
  • Insurance Expense: 690.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 20470.0
  • Annual Operating Expense: 5380.0

Tax Info

  • Tax Annual Amount: 1190.0
  • Tax Book Number: 155.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2015
Sold by
Brown Brian C and Patki Mahesh Y
Bought by
Liv Mahesh Patki and Liv Brian Brown Revocable
Current Estimated Value
$428,015

Purchase Details

Listed on
Sep 10, 2013
Closed on
Nov 5, 2013
Sold by
Millanovich Fred P and Millanovich Linda E
Bought by
Brown Brian C and Patki Mahesh Y
Seller's Agent
Rick Krussman
HomeSmart
Buyer's Agent
Rick Krussman
HomeSmart
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%

Purchase Details

Listed on
Nov 30, 2011
Closed on
Jan 19, 2012
Sold by
Widerquist John C and Widerquist Sandra G
Bought by
Milanovich Fred P and Milanovich Linda E
Seller's Agent
Rick Krussman
HomeSmart
Buyer's Agent
Donna Irby
Investors Realty Sales
List Price
$179,900
Sold Price
$177,000
Premium/Discount to List
-$2,900
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
Jul 13, 2011
Sold by
Widerquist John C and Widerquist Sandra G
Bought by
Widerquist John C and Widerquist Sandra G

Purchase Details

Closed on
Aug 22, 2006
Sold by
Widerquist John C
Bought by
Widerquist John C and Widerquist Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2006
Sold by
Widerquist Sandra
Bought by
Widerquist John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2006
Sold by
Perez Leonard J
Bought by
Widerquist John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2003
Sold by
Perez Leonard J
Bought by
The Leonard J Lenn Perez Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2001
Sold by
The Leonard J Lenn Perez Living Trust
Bought by
Perez Leonard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.15%

Purchase Details

Closed on
May 18, 2001
Sold by
Perez Leonard J
Bought by
The Leonard J Lenn Perez Living Trust and Perez Leonard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.15%

Purchase Details

Closed on
Aug 9, 2000
Sold by
Meyers Amy J
Bought by
Perez Leonard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.11%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 1999
Sold by
Meyers Amy J
Bought by
Meyers Timothy L

Purchase Details

Closed on
Jan 22, 1998
Sold by
Mcwilliams Lois Louise
Bought by
Stahl Gary C
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Interfamily Deed Transfer -- None Available
Cash Sale Deed $210,000 Title Management Agency Of A
Warranty Deed $177,000 Equity Title Agency Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Premier Title Group Maricopa
Warranty Deed $311,000 Premier Title Group Maricopa
Interfamily Deed Transfer -- Century Title Agency Inc
Interfamily Deed Transfer -- Century Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency
Interfamily Deed Transfer -- --
Warranty Deed $150,000 Capital Title Agency
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $131,900 Chicago Title Insurance Co
Warranty Deed $60,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $248,800 Purchase Money Mortgage
Previous Owner $248,800 Purchase Money Mortgage
Previous Owner $248,800 Purchase Money Mortgage
Previous Owner $120,000 Purchase Money Mortgage
Previous Owner $126,000 No Value Available
Previous Owner $120,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2014 03/17/14 Rented $850 -10.5% --
03/14/2014 03/14/14 Under Contract -- -- --
12/05/2013 12/05/13 For Rent $950 0.0% --
11/22/2013 11/22/13 Sold $210,000 -4.5% $263 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $219,900 +24.2% $276 / Sq Ft
01/25/2012 01/25/12 Sold $177,000 -1.6% $222 / Sq Ft
01/06/2012 01/06/12 Pending -- -- --
11/30/2011 11/30/11 For Sale $179,900 -- $225 / 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 $1,603 $12,906 -- --
2024 $1,560 $12,292 -- --
2023 $1,560 $29,050 $5,810 $23,240
2022 $1,514 $22,820 $4,560 $18,260
2021 $1,527 $20,900 $4,180 $16,720
2020 $1,503 $20,100 $4,020 $16,080
2019 $1,470 $18,520 $3,700 $14,820
2018 $1,434 $14,870 $2,970 $11,900
2017 $1,366 $14,000 $2,800 $11,200
2016 $1,319 $12,800 $2,560 $10,240
2015 $1,225 $10,350 $2,070 $8,280
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Evan Kopulos

    Capstone Realty Professionals

    (602) 786-7575

    Evan Kopulos
    Section Image
  • Ed Drummond

    Seller Co-Listing Agent in 2014

    Ed Drummond

    Capstone Realty Professionals

    (602) 421-0912

    11 in this area

    110 Total Sales

    Ed Drummond
    Section Image
  • Sharon Jackson

    Buyer's Agent in 2014

    Sharon Jackson

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 400-1866

    9 Total Sales

    Sharon Jackson
    Section Image

  • R

    Seller's Agent in 2013

    Rick Krussman

    HomeSmart

    Section Image

  • D

    Buyer's Agent in 2012

    Donna Irby

    Investors Realty Sales

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4996601

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-20-113

Arizona Maricopa County Phoenix 85014 Camelback East Village

4633 N 8th Place, Phoenix, AZ

This home is located at 4633 N 8th Place, Phoenix, AZ 85014 and is currently priced at $210,000, approximately $263 per square foot. This property was built in 1951. 4633 N 8th Place is a home located in Maricopa County with nearby schools including Madison Camelview Elementary, Phoenix Coding Academy, and North High School.

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

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