NOT LISTED FOR SALE

4843 E Cambridge Ave Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $561,000 - $652,000

4 Beds
-- Bath
1,695 Sq Ft
$354/Sq Ft Est. Value

Last Sold June 04, 2019

Last sale price $290,000 $171 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,244/month

7 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of June 2019

What a great opportunity to get a foothold in the heart of arcadia without paying exorbitant amount. solid brick construction currently is divided into to 2 units each with 2 bedrooms 1 bath large privet back/front yard 2 car garage and lots of storage. nestled at the edge of the street provides plenty of privacy with many mature trees and a country feel yet minutes away from top amenities schools parks and the best that phoenix has to offer. houses in the area are selling between 500-800k. with some work this could be your dream home or live in one unit and rent the other to cover your mortgage or keep them both as rentals and enjoy peace of mind and stable rental income from long terms tenants. the possibilities are endless. currently both units are rented for $900/m each. thank you.

Last Agent to Sell the Property

Gad Nagar

Altair Realty LLC License #SA640798000 Listed on: 04/23/2019

Last Buyer's Agent

Frank Vasquez

Valley Wide Resource Realty LLC License #BR008737000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $978

Year Built

  • Built in 1962

Lot Details

  • 7,536

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, landscaping
  • The owner pays for trash collection, water, sewer
  • Tax Lot 25
  • Assessor Parcel Number 126-14-003-M

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7,524
  • Orangedale Tract 11,13,14,15 Subdivision

Building Details

  • Operating Expense $4,478
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$978

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 48th st & Thomas rd
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 1
  • Year Built: 1962
  • Tax Year: 2018
  • Road Surface Type: Concrete, Sidewalk(s)
  • Subdivision Name: ORANGEDALE TRACT 11,13,14,15
  • Garage Yn: Yes
  • Tax Parcel Letter: M
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Brick
  • Roof: Composition
  • Construction:Block: 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
  • Garage Details: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2200.0

Lot Info

  • Lot Size: 7,524
  • Additional Parcels: No
  • Parcel #: 126-14-003-M

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV, Landscaping
  • Number Of Units Total: 2
  • Insurance Expense: 800.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 18000.0
  • Annual Operating Expense: 4478.22

Tax Info

  • Tax Annual Amount: 978.22
  • Tax Book Number: 126.00
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2024
Sold by
Zaremba Analise
Bought by
4843 E Cambridge Llc
Current Estimated Value
$600,831

Purchase Details

Closed on
Nov 4, 2024
Sold by
4843 E Cambridge Llc
Bought by
Zaremba Analise

Purchase Details

Closed on
Mar 23, 2022
Sold by
Zaremba Scott E and Zaremba Analise
Bought by
4843 E Cambridge Llc

Purchase Details

Closed on
Mar 10, 2022
Sold by
Zaremba Scott E and Zaremba Analise
Bought by
4843 E Cambridge Llc

Purchase Details

Listed on
Apr 23, 2019
Closed on
May 28, 2019
Sold by
Joseph Patrick A and Joseph Christine G
Bought by
Zaremba Scott E and Zaremba Analise
Seller's Agent
Gad Nagar
Altair Realty LLC
Buyer's Agent
Frank Vasquez
Valley Wide Resource Realty LLC
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$203,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2006
Sold by
Lachance Patty
Bought by
Joseph Patrick A and Joseph Christine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2005
Sold by
Breon Nina L and Lachance Patty
Bought by
Lachance Patty

Purchase Details

Closed on
Jun 9, 1994
Sold by
Fantin Rose
Bought by
Breon Nina L and Lachance Patty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,251
Interest Rate
8.25%
Mortgage Type
FHA
Source: Public Records
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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
4843 E Cambridge Llc -- None Listed On Document
Zaremba Analise -- None Listed On Document
4843 E Cambridge Llc -- Kierman Law Plc
4843 E Cambridge Llc -- Kierman Law Plc
Zaremba Scott E $290,000 First Arizona Title Agency
Joseph Patrick A $240,000 Westland Title Agency Of Az
Lachance Patty -- --
Breon Nina L $69,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaremba Scott E $203,000
Previous Owner Joseph Patrick A $144,000
Previous Owner Breon Nina L $68,251
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2019 06/04/19 Sold $290,000 -3.0% $171 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $299,000 -- $176 / 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 $1,239 $9,706 -- --
2024 $1,155 $9,244 -- --
2023 $1,155 $35,660 $7,130 $28,530
2022 $1,113 $27,810 $5,560 $22,250
2021 $1,132 $25,150 $5,030 $20,120
2020 $1,111 $21,950 $4,390 $17,560
2019 $1,107 $18,700 $3,740 $14,960
2018 $978 $14,370 $2,870 $11,500
2017 $936 $13,510 $2,700 $10,810
2016 $915 $11,020 $2,200 $8,820
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gad Nagar

    Altair Realty LLC

    8 in this area

    25 Total Sales

    Gad Nagar
    Section Image

  • F

    Buyer's Agent in 2019

    Frank Vasquez

    Valley Wide Resource Realty LLC

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5915555

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-14-003M

Arizona Maricopa County Phoenix 85008 Camelback East Village

4843 E Cambridge Ave, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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