NOT LISTED FOR SALE

5031 N 18th Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $464,000 - $538,000

-- Bed
2 Baths
1,035 Sq Ft
$473/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $480,000 $464 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,724/month

4 Days on Market

Highlights

  • Central Air
  • 3-minute walk to 19Th Ave/Camelback
  • Heating Available
  • Solano School Rated 9+
  • Ceiling Fan

About This Home

As of June 2023

Investor opportunity! This unique property on huge lot .499 acre offers two independent living spaces, each w/its own private entrance. Home A boasts 2 beds & 1 bath. Dinning area and living room, 1 car oversized garage, with screened in patio & inside laundry. Home B has 2 beds & 2 baths. The open-concept living & dining room w/wood-like flooring t/out & vaulted ceilings. The kitchen includes essential appliances, ample cabinets, & a breakfast nook w/a bay window. 2 car garage. The generous-sized backyard home 2 is a blank canvas, both units providing private cozy covered patio. Property ideal for light rail and easy downtown access. Don't miss out on this rare opportunity!

Last Agent to Sell the Property

Lisa Lanham

West USA Realty License #SA528527000 Listed on: 04/28/2023

West USA Realty

Last Buyer's Agent

Michelle Denton

Gentry Real Estate License #SA682547000

Gentry Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,112

Year Built

  • Built in 1944

Lot Details

  • 0.5

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces

Schools

  • Solano Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 13 / 3
  • Assessor Parcel Number 156-37-060

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 216.48-100.06-217.79-100.32
  • Nile Tract Block 1 Subdivision

Building Details

  • Operating Expense $1,112

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,112

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Cross Street: N 19th Ave and W Camelback Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3 Multi fam
  • Number Of Buildings: 2
  • Year Built: 1944
  • Tax Year: 2022
  • Directions: Due to light rail. Best to go 17th Ave & Colter south on 17th ave to Camelback, west to 18th ave right North on 18th ave to property.
  • Road Surface Type: Gravel, Asphalt
  • Subdivision Name: NILE TRACT BLOCK 1
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition, Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Garage Details: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Solano School
  • High School: Central High School
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 216.48-100.06-217.79-100.32
  • Additional Parcels: No
  • Parcel #: 156-37-060

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 1112.0

Tax Info

  • Tax Annual Amount: 1112.0
  • Tax Block: 3
  • Tax Book Number: 156.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
May 10, 2023
Sold by
Nelma Rose Murdoch Revocable Family Trus and Murdoch Gary Dale
Bought by
Rodriguez Vianka and Rodriguez Karina
Seller's Agent
Lisa Lanham
West USA Realty
Buyer's Agent
Michelle Denton
Gentry Real Estate
List Price
$500,000
Sold Price
$480,000
Premium/Discount to List
-$20,000
-4%
Views
12
Current Estimated Value
$489,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,096
Avg. Annual Appreciation
0.80%
Original Mortgage
$384,000
Outstanding Balance
$373,400
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$115,696

Purchase Details

Closed on
Feb 14, 2004
Sold by
Murdoch Nelmar R
Bought by
Murdoch Nelma R and The Nelma Rose Murdoch Revocab

Purchase Details

Closed on
Aug 18, 1998
Sold by
Murdoch Nelma R
Bought by
Murdoch Nelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.88%

Purchase Details

Closed on
Feb 11, 1997
Sold by
Murdoch Nelma R
Bought by
The Nelma R Murdoch Revocable Family Tr and Murdoch Nelma R
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
Rodriguez Vianka $480,000 Landmark Title
Murdoch Nelma R -- --
Murdoch Nelma -- Capital Title Agency Inc
The Nelma R Murdoch Revocable Family Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Vianka $384,000
Previous Owner Murdoch Nelma $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2023 06/08/23 Sold $480,000 -4.0% $464 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $500,000 -- $483 / 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 $1,552 $14,073 -- --
2024 $1,495 $13,403 -- --
2023 $1,495 $30,960 $6,190 $24,770
2022 $1,112 $27,870 $5,570 $22,300
2021 $779 $27,000 $5,400 $21,600
2020 $805 $24,030 $4,800 $19,230
2019 $769 $19,350 $3,870 $15,480
2018 $836 $17,230 $3,440 $13,790
2017 $1,246 $15,950 $3,190 $12,760
2016 $653 $6,750 $1,350 $5,400
2015 $607 $6,750 $1,350 $5,400
Source: Public Records

Agents Affiliated with this Home

  • Lisa Lanham

    Seller's Agent in 2023

    Lisa Lanham

    West USA Realty

    (602) 614-0987

    2 in this area

    56 Total Sales

    Lisa Lanham
    Section Image

  • M

    Buyer's Agent in 2023

    Michelle Denton

    Gentry Real Estate

    (480) 750-9910

    4 in this area

    26 Total Sales

    Michelle Denton
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6549938

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-37-060

Arizona Maricopa County Phoenix 85015 Alhambra

5031 N 18th Ave, Phoenix, AZ

This home is located at 5031 N 18th Ave, Phoenix, AZ 85015 since 28 April 2023 and is currently estimated at $489,096, approximately $472 per square foot. This property was built in 1944. 5031 N 18th Ave is a home located in Maricopa County with nearby schools including Solano School, Osborn Middle School, and Central High School.

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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