NOT LISTED FOR SALE

5107 E Oak St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $1,144,000 - $1,663,000

Studio
1 Bath
975 Sq Ft
$1,530/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2013

Last sale price $490,000 $503 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $8,517 / mo

102 Days on Market

Highlights

  • RV or Boat Parking
  • Cooling Available
  • Community Barbecue Grill
  • Phoenix Coding Academy Rated A
  • Community Playground
  • Ceramic Tile Flooring

About This Home

As of July 2013

8 TOTAL UNITS 4 units are 2 BED I BATH and 2 WITH 1BED 1BATH , 1 main home with 1 bed 1 bath casita LOCATION ,LOCATION ZONED R-3 $$ ,ON SITE LAUNDRY ADDS TO YOUR INCOME . CLOSE TO AIRPORT, MIN TO SCOTTSDALE ,GOLF , FINE DINNING VIEWS PAPAGO ,CAMELBACK MTN. ASU 15 MIN AWAY

Last Agent to Sell the Property

David Rutan

HomeSmart License #SA041598000 Listed on: 02/11/2013

Last Buyer's Agent

Jason Bingham

Distinguished Properties License #BR528229000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 1962

Lot Details

  • 0.49

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 16 Parking Spaces
  • 8 Covered Spaces
  • Free Parking
  • Paved Parking
  • On-Street Parking
  • RV or Boat Parking

Schools

  • Orangedale Junior High Prep Academy
  • Camelback High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 13
  • Assessor Parcel Number 126-21-026-B

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Building Dimensions are IRR

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Building Details

  • Operating Expense $7,729
  • Net Operating Income $4,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,929

Year Built

Built in 1962

Lot Details

0.49 Acres

Listing Details

  • Cross Street: OAK 52ND ST
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1962
  • Mobile Home Prk Info Total Number Spaces: 8
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: B
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Paved Parking, Free, RV/Boat Parking, <1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Master Meter, Individual Meter
  • Cooling: Heat Pump, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Irrigation
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Barbecue: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Trash Expense: 1700.0

Schools

  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Orangedale Junior High Prep Academy

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 126-21-026-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 6
  • Insurance Expense: 2400.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 4900.0
  • Annual Operating Expense: 7729.0

Tax Info

  • Tax Annual Amount: 1929.0
  • Tax Book Number: 126.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
Jul 11, 2013
Sold by
Stover David
Bought by
Deryon Llc
Seller's Agent
David Rutan
HomeSmart
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$549,000
Sold Price
$490,000
Premium/Discount to List
-$59,000
-10.75%
Current Estimated Value
$1,491,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,001,716
Avg. Annual Appreciation
9.15%
Original Mortgage
$250,000
Outstanding Balance
$180,783
Interest Rate
3.79%
Mortgage Type
Commercial
Estimated Equity
$1,310,933
Source: Public Records
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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
Deryon Llc $490,000 Clear Title Agency Of Arizon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deryon Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2013 07/12/13 Sold $490,000 -10.7% $503 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $549,000 -- $563 / Sq Ft
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 $5,801 $45,456 -- --
2024 $5,407 $43,291 -- --
2023 $5,407 $92,810 $18,560 $74,250
2022 $5,213 $69,010 $13,800 $55,210
2021 $5,300 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    David Rutan

    HomeSmart

  • Jason Bingham

    Buyer's Agent in 2013

    Jason Bingham

    Distinguished Properties

    (602) 432-5765

    23 Total Sales

    Jason Bingham
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4888855

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-21-026F

Arizona Maricopa County Phoenix 85008 Camelback East Village

5107 E Oak St, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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