NOT LISTED FOR SALE

5123 N 17th Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $401,000 - $1,050,515

Studio
1 Bath
600 Sq Ft
$1,335/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $500,000 $833 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,350/month

27 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

Highly sought after Colter Corridor location!! Amazing unique property of small
single family homes and duplexes. 5113 (MLS# 6100402) and 5123 (MLS # 6100423 ) N 17th Avenue must be sold
together. Rents are still low and can easily be raised. Extensive electric and
plumbing replacement/upgrades. 7 of 10 electric panels were upgraded in last two
years. Roofing replaced within last two years . HVAC installed at all units in last two
years. Property recently painted. Five units have new kitchens. Laundry on site (not
in use). Many units have washer/dryer hookups at unit. Units have private fenced
backyard. Childrenʼs playground at back of the property. Private location yet walking
distance to bus line & light rail. Minutes to freeway, downtown Phoenix & amenities.

Last Agent to Sell the Property

Jared English

Congress Realty, Inc. Brokerage Phone: 888-881-4118 License #BR569813000 Listed on: 07/08/2020

Last Buyer's Agent

Robert Dermer

Century 21-Towne & Country License #BR509977000

Century 21-Towne & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,921

Year Built

  • Built in 1946

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 14 Open Parking Spaces
  • 14 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System

Additional Features

  • Ceramic Tile Flooring
  • Additional Parcels

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 1 / 4
  • Assessor Parcel Number 156-38-007

Community Details

Overview

  • 4 Buildings
  • 5 Units
  • Building Dimensions are 302X125
  • Nile Tract Block 2 Subdivision

Building Details

  • Operating Expense $1,921

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,921

Year Built

Built in 1946

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 17th Ave & Camelback
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: SPEC
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2019
  • Road Surface Type: Gravel, Dirt, Asphalt, Private Street
  • Subdivision Name: NILE TRACT BLOCK 2
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 14.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, Heat Pump
  • 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
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Solano 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: 302X125
  • Additional Parcels: Yes
  • Parcel #: 156-38-007

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 5
  • Annual Operating Expense: 1921.0

Tax Info

  • Tax Annual Amount: 1921.0
  • Tax Block: 4
  • Tax Book Number: 156.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Sep 9, 2020
Sold by
Sanmoltoby Llc
Bought by
17Th Ave Properties Llc
Seller's Agent
Jared English
Congress Realty, Inc.
Buyer's Agent
Robert Dermer
Century 21-Towne & Country
List Price
$579,900
Sold Price
$500,000
Premium/Discount to List
-$79,900
-13.78%
Current Estimated Value
$801,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,129
Avg. Annual Appreciation
8.98%
Original Mortgage
$840,000
Outstanding Balance
$744,062
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$57,067

Purchase Details

Listed on
Jan 28, 2015
Closed on
Apr 2, 2015
Sold by
Dnd Investors Llc
Bought by
Sanmoltoby Llc
Seller's Agent
Eric Nelson
801Autumn & Co. Realty
Buyer's Agent
Dawn Jett
Vista View Realty Group, LLC
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.48%
Original Mortgage
$300,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2003
Sold by
Alshamri Hussain
Bought by
Boomshoes 5123 Llc
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
17Th Ave Properties Llc $1,200,000 Grand Canyon Title Agency
Sanmoltoby Llc $250,000 Grand Canyon Title Agency
Boomshoes 5123 Llc $190,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 17Th Ave Properties Llc $840,000
Previous Owner Sanmoltoby Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2020 09/25/20 Sold $500,000 -13.8% $833 / Sq Ft
07/08/2020 07/08/20 For Sale $579,900 +132.0% $967 / Sq Ft
04/03/2015 04/03/15 Sold $250,000 -16.4% $417 / Sq Ft View Prior Sale
03/16/2015 03/16/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $299,000 -- $498 / 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 $2,183 $16,808 -- --
2024 $2,038 $16,008 -- --
2023 $2,038 $69,360 $13,870 $55,490
2022 $2,026 $47,980 $9,590 $38,390
2021 $2,061 $41,950 $8,390 $33,560
2020 $2,009 $34,720 $6,940 $27,780
2019 $1,921 $28,460 $5,690 $22,770
2018 $1,858 $22,130 $4,420 $17,710
2017 $1,706 $19,570 $3,910 $15,660
2016 $1,645 $16,910 $3,380 $13,530
2015 $1,530 $15,100 $3,020 $12,080
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jared English

    Congress Realty, Inc.

    (888) 881-4118

    9 in this area

    4,018 Total Sales

    Jared English
    Section Image

  • R

    Buyer's Agent in 2020

    Robert Dermer

    Century 21-Towne & Country

    Section Image

  • E

    Seller's Agent in 2015

    Eric Nelson

    801Autumn & Co. Realty

  • D

    Buyer's Agent in 2015

    Dawn Jett

    Vista View Realty Group, LLC

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6100423

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-38-007

Arizona Maricopa County Phoenix 85015 Alhambra

5123 N 17th Ave, 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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