5039 N 18th Ave Phoenix, AZ 85015
Alhambra Neighborhood
--
Bed
--
Bath
4,300
Sq Ft
1994
Built
Highlights
- Cooling Available
- 3-minute walk to 19Th Ave/Camelback
- Ceiling Fan
- Solano School Rated 9+
- Ceramic Tile Flooring
- Heating Available
About This Home
As of March 2025Great NEXT-GEN PROPERTY for MULTI-GENERATIONAL LIVING / or perfect INVESTMENT PROPERTY. It has 2 stand-alone buildings. (MAIN HOUSE 3bd 2 ba 1200sf) + a DUPLEX (1st Unit is 2 bd 2 ba 1000sf) (2nd Unit is 2 bd 1 ba 900sf). FULLY REMODELED down to the studs in 2023. Kitchens host quartz counters, full backsplash, on-trend cabs, & stainless appl. All baths are modern & thoughtfully designed. Stellar features incl: new doors, trim, baseboards, blinds, ceiling fans, & tile floors. Enjoy new windows, roofs, electrical, drains, pex plumbing, & 1.25'' water line to each property, plus each has an indoor laundry room with washer / dryer hook-up, and a private fenced yard w/ covered patio and artificial turf. Addt'l storage building in the NE corner of the lot. 1⁄2 block from the Phoenix Light Rail
Last Agent to Sell the Property
Fathom Realty Elite Brokerage Phone: 602-647-9151 License #SA030920000 Listed on: 09/27/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,421
Year Built
- Built in 1994
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 5 Open Parking Spaces
- 8 Parking Spaces
- Carport
Schools
- Encanto Elementary School
- Osborn Middle School
- Central High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Legal Lot and Block 13 / 3
- Assessor Parcel Number 156-37-062
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 80 x 214 approx
- Nile Tract Block 2 Subdivision
Building Details
- Operating Expense $6,021
- Gross Income $66,120
- Net Operating Income $62,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2024
Closed on
Feb 26, 2025
Sold by
Minor Real Estate Holdings Llc
Bought by
Caldera Karen Galdamez and Chavez Carlos Galdamez
Seller's Agent
Ben Koerner
Fathom Realty Elite
Buyer's Agent
Terrie Spreckelmeier
Call Realty, Inc.
List Price
$999,999
Sold Price
$860,000
Premium/Discount to List
-$139,999
-14%
Views
11
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
-$20,623
Avg. Annual Appreciation
-6.52%
Original Mortgage
$645,000
Outstanding Balance
$643,363
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$196,014
Purchase Details
Closed on
May 10, 2023
Sold by
Valenzuela Jane M
Bought by
Jane M Valenzuela Living Trust and Valenzuela
Purchase Details
Closed on
Jan 7, 2022
Sold by
Jane Valenzuela
Bought by
Minor Real Estate Holdings Llc
Purchase Details
Closed on
Jul 1, 2015
Sold by
Chun Thomas and Chun Nancy
Bought by
Valenzuela Jane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.81%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 5, 2006
Sold by
Raynard Kristi Ly
Bought by
Chun Thomas and Chun Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 23, 2004
Sold by
Adams Jane A
Bought by
Raynard Kristi Ly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.05%
Mortgage Type
Commercial
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $860,000 | Lawyers Title Of Arizona | |
| Deed | -- | None Listed On Document | |
| Warranty Deed | $400,000 | Pioneer Title | |
| Warranty Deed | $240,000 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $270,000 | Stewart Title & Trust Of Pho | |
| Warranty Deed | $182,500 | Grand Canyon Title Agency In |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $645,000 | New Conventional | |
| Previous Owner | $450,000 | New Conventional | |
| Previous Owner | $230,000 | Seller Take Back | |
| Previous Owner | $181,600 | Commercial | |
| Previous Owner | $189,000 | Commercial | |
| Previous Owner | $146,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | Sold | $860,000 | -4.4% | $200 / Sq Ft |
| 02/18/2025 02/18/25 | Pending | -- | -- | -- |
| 02/02/2025 02/02/25 | Price Changed | $899,900 | -2.7% | $209 / Sq Ft |
| 01/14/2025 01/14/25 | Price Changed | $925,000 | -2.5% | $215 / Sq Ft |
| 01/03/2025 01/03/25 | Price Changed | $949,000 | -0.9% | $221 / Sq Ft |
| 12/10/2024 12/10/24 | Price Changed | $958,000 | -0.1% | $223 / Sq Ft |
| 10/28/2024 10/28/24 | Price Changed | $959,000 | -4.1% | $223 / Sq Ft |
| 09/27/2024 09/27/24 | For Sale | $999,999 | -- | $233 / 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 | $1,471 | $11,720 | -- | -- |
| 2024 | $1,421 | $11,162 | -- | -- |
| 2023 | $1,421 | $44,250 | $8,850 | $35,400 |
| 2022 | $1,413 | $30,380 | $6,070 | $24,310 |
| 2021 | $1,437 | $27,400 | $5,480 | $21,920 |
| 2020 | $1,401 | $23,250 | $4,650 | $18,600 |
| 2019 | $1,340 | $19,180 | $3,830 | $15,350 |
| 2018 | $1,295 | $16,360 | $3,270 | $13,090 |
| 2017 | $1,098 | $13,450 | $2,690 | $10,760 |
| 2016 | $1,058 | $12,130 | $2,420 | $9,710 |
| 2015 | $985 | $10,110 | $2,020 | $8,090 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Ben Koerner
Fathom Realty Elite
(602) 647-9151
1 in this area
156 Total Sales
-
Buyer's Agent in 2025
Terrie Spreckelmeier
Call Realty, Inc.
(602) 909-5844
2 in this area
40 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6763030
APN: 156-37-062
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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