L
Seller's Agent in 2019
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
4926 E Culver St Phoenix, AZ 85008
Camelback East Village NeighborhoodEstimated Value: $884,000 - $1,035,857
Studio
--
Bath
2,875
Sq Ft
$331/Sq Ft
Est. Value
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Heat Pump System
About This Home
As of October 2019Sold prior to MLS. Added for comparable purposes.
All rents $650 & $550 100% occupied.
Well situated just North of the SR-202 and South of McDowell Road, this 1960s built property is a blast from the past that stands to bring about a lucrative future to just the right investor!! Fully occupied and tenant friendly, with easy access to the freeway and all of the Valley's employment, entertainment, and dining venues!!
Last Agent to Sell the Property
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 10/16/2019
Last Buyer's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 10/16/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $971
Year Built
- Built in 1962
Lot Details
- Additional Parcels
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 57
- Assessor Parcel Number 125-13-101-A
Community Details
Overview
- 4 Units
- Building Dimensions are 12075 SF
- Palomino Estates Subdivision
Building Details
- Operating Expense $17,130
- Gross Income $55,872
- Net Operating Income $38,742
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 7, 2023
Sold by
Glenn Seargeant and Glenn Billi Jo
Bought by
Vip 1413 Llc
Current Estimated Value
Purchase Details
Listed on
Oct 16, 2019
Closed on
Oct 11, 2019
Sold by
Papic Janet and The Papic Family Trust
Bought by
Glenn J Seargeant and Glenn Billi Jo
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$649,000
Sold Price
$320,000
Premium/Discount to List
-$329,000
-50.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.96%
Purchase Details
Closed on
Aug 29, 2013
Sold by
Papic Nikola
Bought by
Papic Nikola and Papic Janet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
4.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2006
Sold by
Papic Nikola
Bought by
Papic Nikola and Papic Janet
Purchase Details
Closed on
Jul 29, 1997
Sold by
Hazelip Earl C
Bought by
Papic Nikola and Papic Janet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
7.45%
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 |
|---|---|---|---|
| Vip 1413 Llc | -- | None Listed On Document | |
| Glenn J Seargeant | $640,000 | Chicago Title Agency Inc | |
| Papic Nikola | -- | American Title Service Agenc | |
| Papic Nikola | -- | None Available | |
| Papic Nikola | $72,000 | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Papic Nikola | $158,000 | |
| Previous Owner | Papic Nikola | $64,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/16/2019 10/16/19 | Sold | $320,000 | -50.7% | $111 / Sq Ft | |
| 10/01/2019 10/01/19 | For Sale | $649,000 | +209.0% | $226 / Sq Ft | |
| 12/31/2015 12/31/15 | Sold | $210,000 | 0.0% | $73 / Sq Ft | View Prior Sale |
| 11/09/2015 11/09/15 | Pending | -- | -- | -- | |
| 10/20/2015 10/20/15 | For Sale | $210,000 | -- | $73 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,087 | $8,518 | -- | -- |
| 2024 | $1,013 | $8,112 | -- | -- |
| 2023 | $1,013 | $41,700 | $8,340 | $33,360 |
| 2022 | $977 | $25,900 | $5,180 | $20,720 |
| 2021 | $993 | $22,520 | $4,500 | $18,020 |
| 2020 | $975 | $19,320 | $3,860 | $15,460 |
| 2019 | $971 | $17,020 | $3,400 | $13,620 |
| 2018 | $915 | $14,370 | $2,870 | $11,500 |
| 2017 | $876 | $12,970 | $2,590 | $10,380 |
| 2016 | $857 | $9,730 | $1,940 | $7,790 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Seller's Agent in 2015
Nikola Papic
Papic Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5992617
APN: 125-13-101A
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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