$206,000
SOLD AUG 24, 2012
-- Bed
-- Bath
2,733 Sq Ft
8,756 Sq Ft Lot

Recently Sold

$75 Per Sq Ft

8 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of September 2020

CENTRAL PHOENIX 4 PLEX. 3 - 2 BEDROOM UNITS AND 1 - 1 BEDROOM UNIT. LIMITED FINANCIALS. TO BE SOLD IN 'AS IS' CONDITION. REMODELED IN APPROX 2006. RIGHT ACROSS STREET FROM THE BROPHY SPORTS COMPLEX. LOCATED SEVERAL MINUTES TO DOWNTOWN PHOENIX. CURRENT RENTS ARE BELOW MARKET! SAME PROPERTIES IN THE AREA BRING $625 TO 650 FOR A 2 BEDROOM UNIT. ONE BEDROOMS ARE BRINGING $525 TO $575.

Last Agent to Sell the Property

Ben Koerner

Fathom Realty Elite License #SA030920000 Listed on: 07/19/2012

Fathom Realty Elite

Last Buyer's Agent

Lisa Eagan

Leagan Realty, LLC License #BR537622000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1964

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 28
  • Assessor Parcel Number 155-22-024

Community Details

Overview

  • 4 Units
  • Building Dimensions are 70X125
  • Camelback Square Subdivision

Building Details

  • Operating Expense $1,206
  • Gross Income $23,700
  • Net Operating Income $23,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,206

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: CAMELBACK &7TH STREET
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2011
  • Directions: SOUTH ON 7TH STREET TO PIERSON. WEST ON PIERSON TO PROPERTY. NO SIGN ON PROPERTY.
  • Road Surface Type: Dedicated Street
  • Subdivision Name: CAMELBACK SQUARE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 70X125
  • Additional Parcels: No
  • Parcel #: 155-22-024

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 23700.0
  • Property Net Operating Income: 23700.0
  • Annual Operating Expense: 1206.0

Tax Info

  • Tax Annual Amount: 1206.0
  • Tax Book Number: 155.00
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
Sep 4, 2020
Sold by
46 Street Llc
Bought by
Goldstein Investment Co
Seller's Agent
John Klocek
ABI Multifamily
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%
Current Estimated Value
$1,120,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$629,500
Avg. Annual Appreciation
-8.81%

Purchase Details

Closed on
Dec 31, 2018
Sold by
Ppp Investments Llc
Bought by
46Th Street Llc

Purchase Details

Listed on
Aug 13, 2018
Closed on
Aug 20, 2018
Sold by
Callas Debbie and Callas John
Bought by
Ppp Investments Llc
Seller's Agent
Lisa Eagan
Leagan Realty, LLC
Buyer's Agent
Lisa Eagan
Leagan Realty, LLC
List Price
$390,000
Sold Price
$392,500
Premium/Discount to List
$2,500
0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.64%
Original Mortgage
$395,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Jul 19, 2012
Closed on
Jul 30, 2012
Sold by
Bmp Capital Llc
Bought by
Callas John and Callas Debra
Seller's Agent
Ben Koerner
Fathom Realty Elite
Buyer's Agent
Lisa Eagan
Leagan Realty, LLC
List Price
$205,900
Sold Price
$206,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$146,250
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2012
Closed on
Jul 23, 2012
Sold by
Hassett Timothy J and Hassett Carol L
Bought by
Bmp Capital Llc
Seller's Agent
Ben Koerner
Fathom Realty Elite
Buyer's Agent
Lisa Eagan
Leagan Realty, LLC
List Price
$205,900
Sold Price
$206,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2008
Sold by
Hassett Carol L
Bought by
Hassett Dreams L L C

Purchase Details

Closed on
Sep 6, 2007
Sold by
Hassett Timothy J and Hassett Carol L
Bought by
Hassett Timothy J and Hassett Carol L

Purchase Details

Closed on
Apr 25, 2007
Sold by
Mcmanimen Tim
Bought by
Hassett Timothy J and Hassett Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2006
Sold by
Sorel Derek
Bought by
Mcmanimen Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,500
Interest Rate
6.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 30, 2006
Sold by
Sorel Dorothy
Bought by
Sorel Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2001
Sold by
Solo Cynthia G and Solo Joseph J
Bought by
Sorel Derek and Sorel Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 27, 2000
Sold by
Passariello John D and Geller Laura
Bought by
Solo Joseph J and Solo Cynthia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
7.71%

Purchase Details

Closed on
Mar 19, 1999
Sold by
Smith Herman George and Smith Margaret Kay
Bought by
Passariello John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 1995
Sold by
Campol Verdamae A
Bought by
Smith Herman George and Smith Margaret Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
8.46%
Mortgage Type
Trade
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 Type Sale Price Title Company
Special Warranty Deed $1,750,000 Commonwealth Title
Warranty Deed $475,000 Landmark Title Assurance Age
Warranty Deed $397,500 Landmark Title Assurance Age
Warranty Deed $206,000 First American Title Ins Co
Trustee Deed $159,000 None Available
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $420,000 Land Title Agency Of Az Inc
Special Warranty Deed $302,500 Land Title Agency Of Az Inc
Interfamily Deed Transfer -- Ticor Title Agency Of Az Inc
Warranty Deed $170,000 American Title Insurance
Warranty Deed -- American Title Insurance
Warranty Deed $106,000 Security Title Agency
Joint Tenancy Deed $77,250 United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $395,000 Stand Alone First
Previous Owner $146,250 New Conventional
Previous Owner $149,000 Purchase Money Mortgage
Previous Owner $336,000 Purchase Money Mortgage
Previous Owner $300,500 Seller Take Back
Previous Owner $240,000 New Conventional
Previous Owner $136,000 New Conventional
Previous Owner $143,100 No Value Available
Previous Owner $84,800 New Conventional
Previous Owner $69,500 Trade
Closed $25,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $1,750,000 -2.7% $640 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $1,799,000 -0.1% $658 / Sq Ft
04/29/2020 04/29/20 For Sale $1,800,000 +358.6% $659 / Sq Ft
09/07/2018 09/07/18 Sold $392,500 +0.6% $144 / Sq Ft
09/04/2018 09/04/18 For Sale $390,000 0.0% $143 / Sq Ft
09/04/2018 09/04/18 Price Changed $390,000 0.0% $143 / Sq Ft
08/13/2018 08/13/18 For Sale $390,000 +89.3% $143 / Sq Ft
08/24/2012 08/24/12 Sold $206,000 0.0% $75 / Sq Ft
07/27/2012 07/27/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $205,900 -- $75 / 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 $1,607 $12,802 -- --
2024 $1,552 $12,192 -- --
2023 $1,552 $62,380 $12,470 $49,910
2022 $1,543 $50,620 $10,120 $40,500
2021 $1,569 $43,770 $8,750 $35,020
2020 $1,530 $38,350 $7,670 $30,680
2019 $1,463 $34,500 $6,900 $27,600
2018 $1,415 $28,780 $5,750 $23,030
2017 $1,299 $19,710 $3,940 $15,770
2016 $1,253 $15,130 $3,020 $12,110
2015 $1,165 $12,420 $2,480 $9,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4791002

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-22-024