Seller's Agent in 2021
Michelle Renteria
Russ Lyon Sotheby's International Realty
(623) 330-8965
7 in this area
123 Total Sales
503 E Carol Ave Phoenix, AZ 85020
North Central NeighborhoodEstimated Value: $366,000 - $504,000
3
Beds
1
Bath
--
Sq Ft
7,841
Sq Ft Lot
Highlights
- Cooling System Mounted To A Wall/Window
- Ceramic Tile Flooring
- Window Unit Heating System
- Sunnyslope High School Rated A
About This Home
As of January 2021Opportunity knocks! Great income generating 4 plex/multifamily for sale in Central Phoenix. Recently remodeled interiors, all units rented with long term leases in place. Three, 1-bed 1-bath units and one stand alone studio. 3 units remodeled with wood look tile, kitchen and bath remodel, all appliances owned and convey with the sale. Do Not Disturb Tenants.
Last Agent to Sell the Property
Russ Lyon Sotheby's International Realty License #SA658995000 Listed on: 01/09/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $843
Year Built
- Built in 1972
Lot Details
- 7,841
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Carpet
- Ceramic Tile
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Schools
- Washington Elementary School
- Sunnyslope High Middle School
- Sunnyslope High School
Utilities
- Cooling System Mounted To A Wall/Window
- Window Unit Heating System
Listing and Financial Details
- The owner pays for gas, trash collection, water, sewer
- Tax Lot 1
- Assessor Parcel Number 159-45-109
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 89.10'x86.99'
Building Details
- Operating Expense $6,486
- Gross Income $32,400
- Net Operating Income $25,914
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2021
Closed on
Jan 26, 2021
Sold by
Laila Lovcchio Llc
Bought by
Brussow Paul and Brussow Heather
Seller's Agent
Michelle Renteria
Russ Lyon Sotheby's International Realty
Buyer's Agent
John Kepple
Capital REI
List Price
$285,000
Sold Price
$310,000
Premium/Discount to List
$25,000
8.77%
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
$115,252
Avg. Annual Appreciation
6.46%
Purchase Details
Closed on
May 2, 2018
Sold by
Anika Lovechio Llc
Bought by
Laila Lovecchio Llc
Purchase Details
Closed on
Mar 26, 2016
Sold by
Lovecchio Frank
Bought by
Anika Lovecchio Llc
Purchase Details
Closed on
Feb 23, 2012
Sold by
Lovecchio Ann
Bought by
Lovecchio Frank
Purchase Details
Closed on
Mar 4, 2011
Sold by
Stohler Nichole A and Stohler Michael K
Bought by
Kona First 1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
4.67%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 18, 2011
Sold by
Payingcashforhousescom Llc
Bought by
Stohler Nichole A and Stohler Michael K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
4.67%
Mortgage Type
Commercial
Purchase Details
Closed on
May 19, 2010
Sold by
Campos Gilberto R and Campos Alicia
Bought by
Paying Cash For Houses Llc
Purchase Details
Closed on
Apr 27, 2006
Sold by
Demerritt Todd
Bought by
Hernandez Oswaldo A and Gallegos Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
7.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 10, 2006
Sold by
Stewart Rodney T and Stewart Lissa R
Bought by
Demerritt Todd D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.2%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 6, 2004
Sold by
Stewart Rodney T and Stewart Lissa
Bought by
Stewart Rodney T and Stewart Lissa R
Purchase Details
Closed on
Sep 9, 1994
Sold by
Sanmark Investment Co Llc
Bought by
Stewart Rodney T and Stewart Lissa R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
8.57%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brussow Paul | $310,000 | Old Republic Title Agency | |
| Laila Lovecchio Llc | -- | None Available | |
| Anika Lovecchio Llc | -- | None Available | |
| Lovecchio Frank | -- | Clear Title Agency Of Arizon | |
| Lovecchio Frank | $85,000 | Clear Title Agency Of Arizon | |
| Kona First 1 Llc | -- | Accommodation | |
| Stohler Nichole A | $63,000 | First American Title Ins Co | |
| Paying Cash For Houses Llc | $67,001 | None Available | |
| Hernandez Oswaldo A | $185,000 | Ticor Title Agency Of Az Inc | |
| Demerritt Todd D | $222,500 | Security Title Agency Inc | |
| Stewart Rodney T | -- | -- | |
| Stewart Rodney T | $42,000 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Stohler Nichole A | $44,100 | |
| Previous Owner | Hernandez Oswaldo A | $129,500 | |
| Previous Owner | Demerritt Todd D | $172,500 | |
| Previous Owner | Stewart Rodney T | $38,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/27/2021 01/27/21 | Sold | $310,000 | +8.8% | -- |
| 01/23/2021 01/23/21 | For Sale | $285,000 | 0.0% | -- |
| 01/23/2021 01/23/21 | Price Changed | $285,000 | 0.0% | -- |
| 01/11/2021 01/11/21 | Pending | -- | -- | -- |
| 01/09/2021 01/09/21 | For Sale | $285,000 | 0.0% | -- |
| 08/16/2012 08/16/12 | Rented | $450 | +3.4% | -- |
| 08/16/2012 08/16/12 | Under Contract | -- | -- | -- |
| 07/31/2012 07/31/12 | For Rent | $435 | -- | -- |
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 | $934 | $7,346 | -- | -- |
| 2024 | $882 | $6,996 | -- | -- |
| 2023 | $882 | $28,820 | $5,760 | $23,060 |
| 2022 | $853 | $20,470 | $4,090 | $16,380 |
| 2021 | $864 | $17,120 | $3,420 | $13,700 |
| 2020 | $843 | $14,760 | $2,950 | $11,810 |
| 2019 | $827 | $12,570 | $2,510 | $10,060 |
| 2018 | $806 | $9,450 | $1,890 | $7,560 |
| 2017 | $802 | $8,660 | $1,730 | $6,930 |
| 2016 | $787 | $8,070 | $1,610 | $6,460 |
| 2015 | $729 | $6,880 | $1,370 | $5,510 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Renteria
-
John Kepple
Buyer's Agent in 2021
John Kepple
Capital REI
(309) 282-1554
19 Total Sales
-
B
Seller's Agent in 2012
Bob Rogers
Apartment & Home Solutions
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6179122
APN: 159-45-109
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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