Seller's Agent in 2021
Luis Solis
HomeSmart
(602) 327-9319
2 in this area
92 Total Sales
521 E Carol Ave Phoenix, AZ 85020
North Central NeighborhoodEstimated Value: $335,000 - $534,000
5
Beds
3
Baths
1,283
Sq Ft
$340/Sq Ft
Est. Value
Highlights
- Evaporated cooling system
- Ceramic Tile Flooring
- Heating System Uses Natural Gas
- Sunnyslope High School Rated A
About This Home
As of July 2021Great Triplex in Sunnyslope! Tenants pay all utilities. With annual taxes at only $730 and long term, stable tenants in 3 single family residences on over 13,000 sq ft lot, this property generates an immediate return on investment. Each unit has meter for all utiltites, and owner pays no utilities.
R-3 Multifamily zoning may also accommodates for redevelopment.
Tenant-Occupied - Drive-By Only. Inspections available with accepted contract.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $730
Year Built
- Built in 1940
Lot Details
- 0.31
Home Design
- Wood Frame Construction
- Composition Roof
Flooring
- Ceramic Tile
- Vinyl
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Over 1 Space Per Unit
Schools
- Sunnyslope Elementary School
- Sunnyslope High School
Utilities
- Evaporated cooling system
- Cooling System Mounted To A Wall/Window
- Central Air
- Heating System Uses Natural Gas
- Window Unit Heating System
Listing and Financial Details
- Tax Lot Metes & Bounds
- Assessor Parcel Number 159-45-099
Community Details
Overview
- 3 Buildings
- 3 Units
- Building Dimensions are 99.93 x 135.95
Building Details
- Operating Expense $2,265
- Gross Income $23,400
- Net Operating Income $21,135
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2021
Closed on
Jul 20, 2021
Sold by
Lee Wayne Regan and The William O Lee Living Trust
Bought by
Witte Pamela and Witte Konrad
Seller's Agent
Luis Solis
HomeSmart
Buyer's Agent
Luis Solis
HomeSmart
List Price
$400,000
Sold Price
$330,000
Premium/Discount to List
-$70,000
-17.5%
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
$105,817
Avg. Annual Appreciation
6.45%
Purchase Details
Closed on
May 11, 2021
Sold by
Inman Tammie Michele and Estate Of William O Lee
Bought by
Lee Wayne Regan and The William O Lee Living Trust
Purchase Details
Closed on
Jan 28, 2008
Sold by
William O Lee Properties #3 Llc
Bought by
Lee William
Purchase Details
Closed on
Jun 10, 2004
Sold by
Lee William O
Bought by
William O Lee Properties #2 Llc
Purchase Details
Closed on
Oct 29, 2001
Sold by
Beck Lesly
Bought by
Lee William
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
6.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 16, 1998
Sold by
Hoyle Thomas L and Hoyle Jane A
Bought by
Beck Lesly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.02%
Mortgage Type
Seller Take Back
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Witte Pamela | $330,000 | First American Title Ins Co | |
| Lee Wayne Regan | -- | First American Title Ins Co | |
| Lee William | -- | None Available | |
| William O Lee Properties #2 Llc | -- | -- | |
| Lee William | $97,000 | -- | |
| Beck Lesly | $65,000 | Ati Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lee William | $72,750 | |
| Previous Owner | Beck Lesly | $55,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/26/2021 07/26/21 | Sold | $330,000 | -17.5% | $257 / Sq Ft |
| 06/28/2021 06/28/21 | For Sale | $400,000 | 0.0% | $312 / Sq Ft |
| 06/28/2021 06/28/21 | Price Changed | $400,000 | 0.0% | $312 / Sq Ft |
| 06/01/2021 06/01/21 | For Sale | $400,000 | 0.0% | $312 / Sq Ft |
| 06/01/2021 06/01/21 | Price Changed | $400,000 | 0.0% | $312 / Sq Ft |
| 05/20/2021 05/20/21 | For Sale | $400,000 | 0.0% | $312 / Sq Ft |
| 05/20/2021 05/20/21 | Price Changed | $400,000 | 0.0% | $312 / Sq Ft |
| 04/17/2021 04/17/21 | For Sale | $400,000 | 0.0% | $312 / Sq Ft |
| 04/17/2021 04/17/21 | Price Changed | $400,000 | 0.0% | $312 / Sq Ft |
| 01/14/2021 01/14/21 | For Sale | $400,000 | -- | $312 / 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 | $808 | $6,359 | -- | -- |
| 2024 | $764 | $6,056 | -- | -- |
| 2023 | $764 | $31,070 | $6,210 | $24,860 |
| 2022 | $739 | $20,750 | $4,150 | $16,600 |
| 2021 | $748 | $17,200 | $3,440 | $13,760 |
| 2020 | $730 | $14,660 | $2,930 | $11,730 |
| 2019 | $716 | $13,260 | $2,650 | $10,610 |
| 2018 | $697 | $10,260 | $2,050 | $8,210 |
| 2017 | $694 | $8,530 | $1,700 | $6,830 |
| 2016 | $681 | $7,520 | $1,500 | $6,020 |
| 2015 | $631 | $5,870 | $1,170 | $4,700 |
Source: Public Records
Agents Affiliated with this Home
-
Luis Solis
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6181307
APN: 159-45-099
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
Nearby Homes
- 534 E Carol Ave Unit 11
- 334 E Hatcher Rd
- 315 E Carol Ave
- 338 E Vogel Ave
- 316 E Vogel Ave
- 732 E Carol Ave
- 507 E Mountain View Rd
- 226 E Carol Ave
- 822 E Carol Ave
- 9239 N Cave Creek Rd
- 9610 N 2nd St
- 16 E Hatcher Rd
- 8939 N 8th St
- 8910 N 3rd St
- 9520 N Central Ave
- 9047 N 11th St
- 9033 N 11th St
- 8821 N 7th St Unit 200
- 8821 N 7th St Unit 100
- 8838 N 8th St Unit B12
- 513 E Carol Ave
- 518 E Hatcher Rd
- 509 E Carol Ave
- 514 E Hatcher Rd
- 9415 N 5th St
- 510 E Hatcher Rd Unit OFC
- 510 E Hatcher Rd
- 503 E Carol Ave Unit C
- 503 E Carol Ave Unit A
- 503 E Carol Ave
- 514 E Carol Ave
- 528 E Carol Ave
- 520 E Carol Ave
- 9418 N 7th St Unit 2
- 9418 N 7th St Unit 1
- 9418 N 7th St
- 9509 N 5th St
- 9509 N 5th St Unit A
- 9509 N 5th St Unit B
- 9509 N 5th ( A&b) St