Seller's Agent in 2024
Linda Gerchick
Gerchick Real Estate
(602) 688-9279
18 in this area
110 Total Sales
4841 E Sheridan St Phoenix, AZ 85008
Camelback East Village NeighborhoodEstimated Value: $507,000 - $618,000
2
Beds
--
Bath
1,525
Sq Ft
$367/Sq Ft
Est. Value
Highlights
- Cooling Available
- Community Barbecue Grill
- Ceiling Fan
- Phoenix Coding Academy Rated A
- Ceramic Tile Flooring
- Heat Pump System
About This Home
As of October 2024🏡 **Charming Duplex in 85008 - Perfect Investment Opportunity!** Are you looking for the perfect investment property in the heart of 85008? Look no further! This stunning duplex is a gem you don't want to miss out on. With its recent upgrades and stable tenant history, it's an excellent opportunity for both seasoned investors and those looking to start their real estate portfolio.
🌟 **Key Features:**
✅ **Newer Roof:** Say goodbye to costly roof repairs. This duplex boasts a brand-new roof that provides peace of mind and reduces maintenance expenses.
✅ **Newer Air Conditioners:** Keep your tenants comfortable year-round with the latest air conditioning units, ensuring efficient cooling and heating.
✅ **Stable Tenants:** Enjoy the benefits of a steady **Newer Roof:** Say goodbye to costly roof repairs. This duplex boasts a brand-new roof that provides peace of mind and reduces maintenance expenses.
**Newer Air Conditioners:** Keep your tenants comfortable year-round with the latest air conditioning units, ensuring efficient cooling and heating.
**Stable Tenants:** Enjoy the benefits of a steady rental income stream with reliable and long-term tenants already in place.
**2 Spacious Bedrooms:** Each unit features two generous bedrooms, perfect for attracting renters seeking ample living space.
**Lovely Courtyard:** The property includes a delightful courtyard, offering a serene outdoor space for relaxation and entertainment.
**Why Invest in 85008?** **Prime Location:** 85008 is a sought-after neighborhood in Phoenix, close to the city's vibrant cultural scene, dining, shopping, and excellent schools. **Strong Appreciation:** The area has seen consistent property value growth, making it an attractive choice for investors seeking long-term appreciation. **Rental Demand:** With its proximity to major employment hubs, the demand for rental properties in this area remains consistently high.
**Easy Commute:** Convenient access to major highways ensures a smooth commute for both tenants and landlords. **Investment Potential:** Whether you're interested in stable rental income or future resale value, this duplex offers promising investment potential.
Don't miss out on this incredible opportunity to own a duplex in 85008 with a newer roof, updated air conditioners, stable tenants, and a charming courtyard. *Invest in your future with this exceptional duplex in 85008!*
Last Agent to Sell the Property
Gerchick Real Estate License #BR114848000 Listed on: 10/07/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,081
Year Built
- Built in 1959
Lot Details
- 8,233
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Free Parking
- On-Street Parking
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 11
- Assessor Parcel Number 126-17-035
Community Details
Overview
- 2 Units
- Building Dimensions are Irr
- Stafford Village 2 Subdivision
Amenities
- Community Barbecue Grill
Building Details
- Operating Expense $5,916
- Gross Income $35,211
- Net Operating Income $29,295
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2023
Closed on
Oct 29, 2024
Sold by
4841 Sheridan Llc
Bought by
Hirsch Alexander and Hirsch Pamela
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Trevor Halpern
eXp Realty
List Price
$695,000
Sold Price
$550,000
Premium/Discount to List
-$145,000
-20.86%
Views
5505
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,196
Avg. Annual Appreciation
1.43%
Original Mortgage
$522,500
Outstanding Balance
$517,269
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$42,927
Purchase Details
Closed on
Mar 5, 2018
Sold by
Simshauser Kevin Andrew and Simshauser Taylor Cole
Bought by
4841 Sheridan Llc
Purchase Details
Closed on
Dec 26, 2017
Sold by
Suorsa Helen
Bought by
Simshauser Kevin Andrew and Simshauser Taylor Cole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2017
Sold by
Opeka Deirdre B and Opeka Robert James
Bought by
Opeka Robert James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 16, 2005
Sold by
Soursa Timothy P and Soursa Dana R
Bought by
Soursa David and Soursa Helen
Purchase Details
Closed on
Aug 30, 2004
Sold by
Weiss Jonathan R
Bought by
Suorsa Timothy P and Suorsa Dana R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,875
Interest Rate
5.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 24, 2004
Sold by
Suorsa Luisa P
Bought by
Suorsa Timothy P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,875
Interest Rate
5.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 2000
Sold by
Nagel Lynn Ann and Riebe David
Bought by
Weiss Jonathan R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,880
Interest Rate
8.2%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hirsch Alexander | $550,000 | Wfg National Title Insurance C | |
| 4841 Sheridan Llc | -- | None Available | |
| Simshauser Kevin Andrew | $165,000 | Lawyers Title Of Arizona Inc | |
| Opeka Robert James | -- | Lawyers Title Of Arizona Inc | |
| Soursa David | $225,000 | Capital Title Agency Inc | |
| Suorsa Timothy P | $134,500 | Capital Title Agency Inc | |
| Suorsa Timothy P | -- | Capital Title Agency Inc | |
| Suorsa Dana R | -- | Capital Title Agency Inc | |
| Weiss Jonathan R | $92,500 | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hirsch Alexander | $522,500 | |
| Previous Owner | Simshauser Kevin Andrew | $123,750 | |
| Previous Owner | Suorsa Timothy P | $100,875 | |
| Previous Owner | Weiss Jonathan R | $91,880 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $550,000 | -4.2% | $361 / Sq Ft |
| 09/24/2024 09/24/24 | Pending | -- | -- | -- |
| 07/02/2024 07/02/24 | Price Changed | $574,000 | -4.3% | $376 / Sq Ft |
| 04/16/2024 04/16/24 | Price Changed | $599,900 | -13.7% | $393 / Sq Ft |
| 03/13/2024 03/13/24 | Price Changed | $695,000 | 0.0% | $456 / Sq Ft |
| 03/13/2024 03/13/24 | For Sale | $695,000 | -7.2% | $456 / Sq Ft |
| 03/03/2024 03/03/24 | Pending | -- | -- | -- |
| 12/14/2023 12/14/23 | Price Changed | $749,000 | -6.3% | $491 / Sq Ft |
| 11/02/2023 11/02/23 | Price Changed | $799,000 | -6.0% | $524 / Sq Ft |
| 10/07/2023 10/07/23 | For Sale | $850,000 | -- | $557 / 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 | $1,160 | $9,086 | -- | -- |
| 2024 | $1,081 | $8,654 | -- | -- |
| 2023 | $1,081 | $33,530 | $6,700 | $26,830 |
| 2022 | $1,042 | $22,520 | $4,500 | $18,020 |
| 2021 | $1,059 | $20,320 | $4,060 | $16,260 |
| 2020 | $1,040 | $17,860 | $3,570 | $14,290 |
| 2019 | $1,036 | $15,610 | $3,120 | $12,490 |
| 2018 | $976 | $14,810 | $2,960 | $11,850 |
| 2017 | $935 | $10,580 | $2,110 | $8,470 |
| 2016 | $914 | $8,710 | $1,740 | $6,970 |
| 2015 | $858 | $7,550 | $1,510 | $6,040 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Gerchick
-
Trevor Halpern
Buyer's Agent in 2024
Trevor Halpern
eXp Realty
(602) 595-4200
33 in this area
184 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6615181
APN: 126-17-035
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
Nearby Homes
- 4821 E Sheridan St
- 4901 E Virginia Ave
- 2539 N 48th St
- 2538 N 50th St
- 4714 E Lewis Ave
- 4741 E Oak St
- 4815 E Windsor Ave
- 4701 E Vernon Ave
- 4645 E Cambridge Ave
- 2838 N 49th Place
- 2601 N 51st St
- 2320 N 52nd St Unit 115
- 2338 N 52nd St
- 5146 E Oak St Unit 112
- 2814 N 51st St
- 2228 N 52nd St Unit 134
- 2228 N 52nd St Unit 236
- 2228 N 52nd St Unit 132
- 4617 E Cambridge Ave
- 5158 E Monte Vista Rd
- 4835 E Sheridan St
- 4901 E Sheridan St
- 2514 N 49th St
- 4907 E Sheridan St
- 4827 E Sheridan St Unit B
- 4827 E Sheridan St Unit A
- 4827 E Sheridan St
- 2501 N 49th St
- 2501 N 49th St Unit 3
- 2513 N 48th Place
- 2524 N 49th St
- 2521 N 49th St
- 2521 N 49th St Unit 2
- 2521 N 49th St Unit 1
- 2521 N 49th St Unit 3
- 2506 N 49th Place
- 2502 N 49th Place
- 2510 N 49th Place
- 2523 N 48th Place Unit 1
Your Personal Tour Guide
Ask me questions while you tour the home.