NOT LISTED FOR SALE

4749 E Moreland St Unit various Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $180,699 - $212,000

1 Bed
7 Baths
928 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $305,000 $329 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $1,152/month

Highlights

  • Cooling Available
  • Community Playground
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of June 2014

SEVEN UNITS!!! Amazing location on the Phoenix/Tempe/Scottsdale border, these condominium are an investors dream. Locating in an up & coming area, close to freeways, ASU & Sky Harbor. Some are single level, single story design is hard to find in this price range. Open & bright floor plan offers an open living/dining room with tile flooring, a spacious kitchen, 2 large bedrooms, plenty of storage space plus an attached carport! This would make an ideal rental property currently renting for $500 to 600 per unit, or use as your affordable Phoenix get away! Aggressively priced and in turn-key condition. Owner has 6 additional units for sale at $270,000 for all six!

Last Agent to Sell the Property

Rosicella Joplin

Joplin Realty License #BR648063000 Listed on: 06/11/2014

Co-Listed By

Daniel Schaffler

Compass License #BR647934000

Last Buyer's Agent

Samuel Elam

Berkshire Hathaway HomeServices Arizona Properties License #BR110971000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1972

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior
  • Stucco

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • Legal Lot and Block 19 / 5
  • Assessor Parcel Number 125-14-040

Community Details

Overview

  • 7 Buildings
  • 7 Units
  • Building Dimensions are 1-7,500
  • Villa Verde Condo Not A Sub Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $16,044
  • Gross Income $48,300
  • Net Operating Income $48,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,764

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: 48th St. & McDowell
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R5
  • Number Of Buildings: 7
  • Year Built: 1972
  • Tax Year: 2013
  • Directions: South on 48th St to Villa Verde (Moreland Street). Turn into the complex
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: camb01
  • Co List Office Phone: 602-493-5100
  • Subdivision Name: Villa Verde Condo Not A Sub
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 1.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Play Area
  • Amenities: Other

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes
  • Community Amenities:Play Area: Yes

Lot Info

  • Lot Size: 1-7,500
  • Additional Parcels: Yes
  • Parcel #: 125-14-040

Multi Family

  • Owner Pays: None
  • Tenant Pays: Cable TV
  • Number Of Units Total: 7
  • Annual Gross Income: 48300.0
  • Property Net Operating Income: 48300.0
  • Annual Operating Expense: 16044.0

Tax Info

  • Tax Annual Amount: 1764.0
  • Tax Block: 5
  • Tax Book Number: 125.00
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2014
Closed on
Jun 27, 2014
Sold by
Sanchez Samuel
Bought by
Thomas Joseph L and Thomas Marie O
Seller's Agent
Rosicella Joplin
Joplin Realty
Buyer's Agent
Samuel Elam
Berkshire Hathaway HomeServices Arizona Properties
List Price
$310,000
Sold Price
$305,000
Premium/Discount to List
-$5,000
-1.61%
Total Days on Market
0
Current Estimated Value
$199,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$105,575
Avg. Annual Appreciation
-3.81%

Purchase Details

Closed on
Aug 24, 2001
Sold by
Azin Joseph
Bought by
Sanchez Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,110
Interest Rate
7.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 2, 1997
Sold by
White Ray Adrian and Sheedy White Lynda Joyce
Bought by
Azin Joseph
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 Buyer Sale Price Title Company
Thomas Joseph L $305,000 First American Title Ins Co
Sanchez Samuel $542,500 Equity Title Agency Inc
Azin Joseph $21,300 Equity Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Samuel $416,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $305,000 -1.6% $329 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $310,000 -- $334 / 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 $384 $3,198 -- --
2024 $381 $3,046 -- --
2023 $381 $13,000 $2,600 $10,400
2022 $367 $10,330 $2,060 $8,270
2021 $373 $8,610 $1,720 $6,890
2020 $366 $5,160 $1,030 $4,130
2019 $365 $4,250 $850 $3,400
2018 $343 $3,530 $700 $2,830
2017 $329 $3,320 $660 $2,660
2016 $322 $3,320 $660 $2,660
2015 $302 $2,560 $510 $2,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5128857

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-14-040