R
Seller's Agent in 2017
Royce Munroe
Munroe Multifamily
(480) 221-5449
6 in this area
38 Total Sales
4750 N 28th St Phoenix, AZ 85016
Camelback East Village Neighborhood
50
Beds
--
Bath
803
Sq Ft
1969
Built
Highlights
- Heated Community Pool
- Ceramic Tile Flooring
- Heating Available
- Phoenix Coding Academy Rated A
- Central Air
About This Home
As of December 2017Tres Arcos is a 25-unit apartment community located in the heart of Phoenix. Nestled among historic neighborhoods and highly renovated properties, Tres Arcos is located one block from the Arizona Biltmore. Residents enjoy the close proximity to Biltmore Fashion Park and all the amenities within the Camelback Corridor. Tres Arcos is an extremely desirable location for residents and has consistently stayed fully occupied. Tres Arcos is a 1969 block-constructed property consisting of seven single-level buildings. It's vintage charm lends itself to the popular mid-century modern renovation trend that is in high demand by residents and investors alike. The property consists of all two-bedroom units with individual backyards and covered parking for each unit. Tres Arcos is individually metered for electricity and hot water and enjoys an onsite laundry facility and recently renovated swimming pool. Very few properties can provide the location and redevelopment potential that the community has to offer.
Last Agent to Sell the Property
Munroe Multifamily License #BR512795000 Listed on: 08/07/2017
Last Buyer's Agent
Royce Munroe
ABI Multifamily License #BR512795000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,110
Year Built
- Built in 1969
Home Design
- Composition Roof
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 12 Open Parking Spaces
- 37 Parking Spaces
- 25 Covered Spaces
- Common or Shared Parking
- Paved Parking
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer
- Tax Lot unknown
- Assessor Parcel Number 163-18-083-F
Community Details
Overview
- 7 Buildings
- 25 Units
- Building Dimensions are unknown
Recreation
- Heated Community Pool
Building Details
- Operating Expense $77,460
- Gross Income $361,523
- Net Operating Income $214,061
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 21, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,700,000
Interest Rate
0.0578%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 9, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
0.0265%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 18, 2018
Sold by
Bought by
Purchase Details
Closed on
Mar 12, 2018
Sold by
Bought by
Purchase Details
Closed on
Jan 3, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
0.0392%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 6, 2005
Sold by
Bought by
Purchase Details
Closed on
May 19, 2003
Sold by
Bought by
Purchase Details
Closed on
Apr 6, 1999
Sold by
Bought by
Purchase Details
Closed on
Jun 15, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $9,025,000 | Fidelity National Title | ||
| $5,750,000 | Fidelity Natl Ttl Agcy Inc | ||
| -- | Fidelity National Title Agen | ||
| -- | Accommodation | ||
| $4,000,000 | Fidelity National Title | ||
| $590,625 | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | First American Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $5,700,000 | ||
| Previous Owner | $3,600,000 | ||
| Previous Owner | $2,400,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2017 12/29/17 | Sold | $4,000,000 | 0.0% | $4,981 / Sq Ft |
| 09/26/2017 09/26/17 | Pending | -- | -- | -- |
| 08/07/2017 08/07/17 | For Sale | $3,999,999 | -- | $4,981 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $16,711 | $128,276 | ||
| 2024 | $15,506 | $122,167 | ||
| 2023 | $15,506 | $444,860 | $88,970 | $355,890 |
| 2022 | $15,043 | $404,220 | $80,840 | $323,380 |
| 2021 | $15,173 | $376,080 | $75,210 | $300,870 |
| 2020 | $14,937 | $385,300 | $77,060 | $308,240 |
| 2019 | $14,608 | $275,870 | $55,170 | $220,700 |
| 2018 | $14,250 | $142,430 | $28,480 | $113,950 |
| 2017 | $13,579 | $129,010 | $25,800 | $103,210 |
| 2016 | $13,110 | $116,070 | $23,210 | $92,860 |
| 2015 | $12,176 | $96,260 | $19,250 | $77,010 |
Source: Public Records
Agents Affiliated with this Home
-
Royce Munroe
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5643626
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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