$672,919 - $741,000
RENTED OCT 31, 2024

5027 N 16th Ave Unit 3 Phoenix, AZ 85015

Alhambra Neighborhood
2 Beds
1 Bath
853 Sq Ft
871 Sq Ft Lot

Highlights

  • Property is near public transit
  • No HOA
  • No Interior Steps
  • Solano School Rated 9+
  • Patio
  • Central Air

About This Home

As of October 2024

Fully remodeled 2bd,1ba unit, just a couple of steps from the light rail,85015. Perfect location and a real must see. Beautifully updated from top to bottom. Custom paint, hard surface flooring, lighting, kitchens, appliances 2bdrm/1bath with small private back patio/yard. 1 Covered space parking in rear. Private laundry and storage areas for each unit.$200 of Security Deposit is non refundable. Tenant required to provide proof of renter's insurance. Tenant to be billed $60 a month for water, sewer and trash.

Last Agent to Rent the Property

Karen Belushi-Gillespie

Provident Partners Realty License #SA567479000 Listed on: 09/19/2024

Co-Listed By

Adam Burgus

Provident Partners Realty License #SA639815000

Last Renter's Agent

Adam Burgus

Provident Partners Realty License #SA639815000

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,676

Year Built

  • Built in 1975

Lot Details

  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 853 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Solano Elementary School
  • Osborn Middle School
  • Alhambra High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • No Interior Steps
  • Patio

Community Details

  • No Home Owners Association
  • Nile Tract Block 2 Subdivision

Listing and Financial Details

  • Property Available on 9/16/24
  • $200 Move-In Fee
  • Rent includes repairs
  • 12-Month Minimum Lease Term
  • Legal Lot and Block 14 / 4
  • Assessor Parcel Number 156-38-033

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,676

Year Built

Built in 1975

Lot Details

0

Rental Info

  • Rent Includes: Repairs
  • Available Date: 2024-09-16

Listing Details

  • Cross Street: 15th Ave and Camelback Rd
  • Legal Info Range: 3E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1975
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.3
  • Initial Move In Costs Admin Fee: 200.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: West on Camelback Rd to 16th Ave, North half block to property on right.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: mkrs01
  • Co List Office Phone: 480-314-1414
  • Subdivision Name: NILE TRACT BLOCK 2
  • Property Attached Yn: Yes
  • Structure Type: Triplex
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Inside: Yes
  • Structure Type Triplex: Yes
  • Roofing:Composition: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: No Interior Steps
  • Living Area: 853.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Disclosures: Agency Discl Req
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Block
  • Patio And Porch Features: Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Stacked Washer/Dryer, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop
  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Solano School
  • High School: Alhambra High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size Sq Ft: 800.0
  • Parcel #: 156-38-033

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Block: 4
  • Tax Book Number: 156.00
  • Tax Lot: 14
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2022
Sold by
Ojas Bansal
Bought by
Katzberg Richard and Nakagawa Tomomi Candice
Current Estimated Value
$712,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$488,983
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$223,497

Purchase Details

Closed on
Dec 29, 2020
Sold by
Jha Samta
Bought by
Malhotra Akshiv

Purchase Details

Closed on
Dec 7, 2020
Sold by
Ovadia Chagi
Bought by
Bansal Ojas and Malthotra Akshiv

Purchase Details

Closed on
Feb 28, 2012
Sold by
Torres Teresa Muro
Bought by
Ovadia Chagi

Purchase Details

Closed on
Mar 1, 2001
Sold by
Martinez Jaime
Bought by
Torres Teresa Muro

Purchase Details

Closed on
Aug 31, 1999
Sold by
Salazar Jesus
Bought by
Torres Teresa Moro

Purchase Details

Closed on
Mar 9, 1998
Sold by
Jones Leah
Bought by
Wilson Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.07%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 1996
Sold by
Wilson John R and Wilson Margaret R
Bought by
Jones Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.96%
Mortgage Type
Seller Take Back
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
Katzberg Richard $680,000 New Title Company Name
Bansal Ojas -- Empire West Title
Malhotra Akshiv -- First American Title Ins Co
Bansal Ojas $425,000 First American Title Ins Co
Ovadia Chagi $73,000 Driggs Title Agency Inc
Torres Teresa Muro -- --
Torres Teresa Moro -- Lawyers Title Of Arizona Inc
Torres Teresa Moro $130,000 Lawyers Title Of Arizona Inc
Wilson Mark T $120,000 Stewart Title & Trust
Jones Leah $98,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katzberg Richard $510,000
Previous Owner Wilson Mark T $108,000
Previous Owner Jones Leah $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Rented $1,275 0.0% --
10/16/2024 10/16/24 Under Contract -- -- --
10/05/2024 10/05/24 Price Changed $1,275 -5.6% $1 / Sq Ft
09/19/2024 09/19/24 For Rent $1,350 -3.6% --
01/01/2023 01/01/23 Rented $1,400 0.0% --
12/15/2022 12/15/22 Under Contract -- -- --
11/28/2022 11/28/22 For Rent $1,400 +5.7% --
11/19/2021 11/19/21 Rented $1,325 0.0% --
11/18/2021 11/18/21 Under Contract -- -- --
11/11/2021 11/11/21 For Rent $1,325 -- --
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 $1,676 $13,358 -- --
2024 $1,619 $12,722 -- --
2023 $1,619 $47,030 $9,400 $37,630
2022 $1,610 $32,900 $6,580 $26,320
2021 $1,638 $28,560 $5,710 $22,850
2020 $1,596 $24,270 $4,850 $19,420
2019 $1,527 $21,060 $4,210 $16,850
2018 $1,476 $18,110 $3,620 $14,490
2017 $1,355 $15,450 $3,090 $12,360
2016 $1,308 $13,630 $2,720 $10,910
2015 $1,216 $11,910 $2,380 $9,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6746303

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-38-033