NOT LISTED FOR SALE

4907 E Sheridan St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $755,000 - $883,000

-- Bed
-- Bath
2,424 Sq Ft
$332/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $425,000 $175 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,400/month

57 Days on Market

About This Home

As of June 2019

This block-frame duplex was built in 1964 with two large 3 bed / 2 bath units individually metered for electricity, air conditioning, and heat. Both feature individual backyard areas and personal carports plus driveway parking. This offering is a perfect opportunity for an owner-occupant investor to occupy one unit with FHA financing while receiving rental income from the other. One unit is fully renovated, while the other is still in amazing condition. Renovated unit has just been leased at $1,600/mo while the un-renovated unit is rented at $1,200/mo The property also has a studio that needs rehab in the back.

Drive by sale only.

Last Agent to Sell the Property

Dallin Hammond

ABI Multifamily License #SA677560000 Listed on: 02/21/2019

Co-Listed By

Mitchell Drake

ABI Multifamily License #SA675761000

Last Buyer's Agent

Nathan Leidigh

Real Broker License #SA652186000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1964

Lot Details

  • 8,451

Home Design

  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Heating and Cooling System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water, landscaping
  • Tax Lot 22
  • Assessor Parcel Number 126-17-046

Community Details

Overview

  • 2 Units
  • Building Dimensions are 86x101
  • Stafford Village 3 Subdivision

Building Details

  • Operating Expense $8,779
  • Gross Income $34,248
  • Net Operating Income $28,358

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,287

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1964
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2730.0
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: STAFFORD VILLAGE 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Construction Type: Other, See Remarks, Block
  • Roof: See Remarks, Other
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: Other (See Remarks), SRP
  • Cooling: Central A/C
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:See Remarks15: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Water Sewer Expense: 1600.0

Lot Info

  • Lot Size: 86x101
  • Additional Parcels: No
  • Parcel #: 126-17-046

Multi Family

  • Owner Pays: Water, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 34247.5
  • Insurance Expense: 700.0
  • Maintenance Expense: 800.0
  • Property Net Operating Income: 28358.0
  • Annual Operating Expense: 8779.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1287.0
  • Tax Book Number: 126.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2024
Sold by
Trink Matthew
Bought by
Trink Family Trust and Trink
Current Estimated Value
$805,834

Purchase Details

Listed on
Feb 21, 2019
Closed on
May 28, 2019
Sold by
Munsil Michael and Munsil Kristen
Bought by
Trink Matthew
Seller's Agent
Dallin Hammond
ABI Multifamily
Buyer's Agent
Nathan Leidigh
Real Broker
List Price
$440,000
Sold Price
$425,000
Premium/Discount to List
-$15,000
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%
Original Mortgage
$403,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2016
Closed on
Jun 17, 2016
Sold by
Lundberg Mark T and Lundberg Kelly Marie
Bought by
Munsil Michael and Munsil Kristen
Seller's Agent
Marie White
Momentum Brokers LLC
Buyer's Agent
Travis Turner
HomeSmart
List Price
$225
Sold Price
$208,000
Premium/Discount to List
$207,775
92344.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.27%
Original Mortgage
$200,720
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2004
Sold by
Somers Todd William and Somers Matilda Florence
Bought by
Lundberg Mark T and Lundberg Kelly Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 22, 2004
Sold by
Somers Matilda and Clark Antoinette
Bought by
Somers Todd William and Somers Matilda Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 28, 2003
Sold by
Diorio Dominic
Bought by
Somers Matilda and Clark Antoinette
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
Trink Family Trust -- None Listed On Document
Trink Matthew $425,000 Magnus Title Agency
Munsil Michael $208,000 First American Title Ins Co
Lundberg Mark T $175,000 Security Title Agency Inc
Somers Todd William -- --
Somers Matilda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trink Matthew $403,750
Previous Owner Munsil Michael $200,720
Previous Owner Lundberg Mark T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold $425,000 -3.4% $175 / Sq Ft
06/03/2019 06/03/19 For Sale $440,000 0.0% $182 / Sq Ft
06/03/2019 06/03/19 Price Changed $440,000 0.0% $182 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/09/2019 04/09/19 Price Changed $440,000 -2.0% $182 / Sq Ft
03/18/2019 03/18/19 Price Changed $449,000 -0.2% $185 / Sq Ft
02/20/2019 02/20/19 For Sale $450,000 +116.3% $186 / Sq Ft
08/11/2016 08/11/16 Sold $208,000 -5.0% $86 / Sq Ft
08/04/2016 08/04/16 Price Changed $219,000 0.0% $90 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
06/08/2016 06/08/16 Price Changed $219,000 -2.7% $90 / Sq Ft
06/01/2016 06/01/16 Price Changed $225,000 +99900.0% $93 / Sq Ft
05/17/2016 05/17/16 For Sale $225 -- $0 / 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 $1,533 $12,768 -- --
2024 $1,423 $12,160 -- --
2023 $1,423 $47,110 $9,420 $37,690
2022 $1,370 $31,150 $6,230 $24,920
2021 $1,401 $27,870 $5,570 $22,300
2020 $1,374 $24,780 $4,950 $19,830
2019 $1,370 $22,050 $4,410 $17,640
2018 $1,287 $21,060 $4,210 $16,850
2017 $1,231 $15,000 $3,000 $12,000
2016 $1,204 $12,410 $2,480 $9,930
2015 $1,132 $10,900 $2,180 $8,720
Source: Public Records

Agents Affiliated with this Home

  • Dallin Hammond

    Seller's Agent in 2019

    Dallin Hammond

    ABI Multifamily

    (602) 714-1400

    10 in this area

    37 Total Sales

    Dallin Hammond
    Section Image
  • Mitchell Drake

    Seller Co-Listing Agent in 2019

    Mitchell Drake

    ABI Multifamily

    (602) 714-1400

    9 in this area

    29 Total Sales

    Mitchell Drake
    Section Image
  • Nathan Leidigh

    Buyer's Agent in 2019

    Nathan Leidigh

    Real Broker

    (602) 435-1659

    4 in this area

    69 Total Sales

    Nathan Leidigh
    Section Image

  • M

    Seller's Agent in 2016

    Marie White

    Momentum Brokers LLC

    (480) 734-9001

    4 Total Sales

    Marie White
    Section Image

  • T

    Buyer's Agent in 2016

    Travis Turner

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5885912

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-17-046

Arizona Maricopa County Phoenix 85008 Camelback East Village

4907 E Sheridan St, Phoenix, AZ

This home is located at 4907 E Sheridan St, Phoenix, AZ 85008 since 21 February 2019 and is currently estimated at $805,834, approximately $332 per square foot. This property was built in 1964. 4907 E Sheridan St is a home located in Maricopa County with nearby schools including Griffith Elementary School, Camelback High School, and Phoenix Coding Academy.

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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