NOT LISTED FOR SALE

5222 N 7th Ave Phoenix, AZ 85013

Uptown Phoenix Neighborhood

Estimated Value: $587,337 - $773,000

1 Bed
-- Bath
1,783 Sq Ft
$383/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $190,000 $107 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $3,923/month

20 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • 3-minute walk to Colter Park
  • Solano School Rated 9+
  • Heating System Uses Natural Gas

About This Home

As of September 2017

Fantastic North Central Phoenix location. Close to the light rail, shopping, dining, sports and all the downtown amenities. This well kept duplex has tenants in place and adjacent to a nice green park for recreation. Spacious and clean.

Last Agent to Sell the Property

Denise Doherty

Berkshire Hathaway HomeServices Arizona Properties License #SA525737000 Listed on: 07/27/2017

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Omar Zavaleta

Best Homes Real Estate License #SA516485000

Best Homes Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $818

Year Built

  • Built in 1957

Lot Details

  • 10,585

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Common or Shared Parking

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 115
  • Assessor Parcel Number 156-43-121

Community Details

Overview

  • 2 Units
  • Building Dimensions are 10572
  • Chris Gilgians Cox Villa 2 Subdivision

Building Details

  • Operating Expense $6,689
  • Gross Income $13,360
  • Net Operating Income $8,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$818

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: 7th Ave and Bethany Home Road
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 1
  • Year Built: 1957
  • Tax Year: 2016
  • Directions: North to property on left just North of the park.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1800.0
  • Subdivision Name: CHRIS GILGIANS COX VILLA 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Other, See Remarks
  • Roof: Composition
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 1.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:See Remarks15: Yes

Fee Information

  • Annual Water Sewer Expense: 1735.0

Schools

  • Elementary School: Solano School
  • High School: Central High School
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 10572
  • Additional Parcels: No
  • Parcel #: 156-43-121

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 13360.05
  • Insurance Expense: 692.0
  • Maintenance Expense: 1339.0
  • Property Net Operating Income: 8539.74
  • Annual Operating Expense: 6689.08
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 818.0
  • Tax Book Number: 156.00
  • Tax Lot: 115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2018
Sold by
Truong Khanh
Bought by
Nguyen Manh
Total Days on Market
20
Current Estimated Value
$683,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,200
Outstanding Balance
$236,784
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$446,550

Purchase Details

Listed on
Jul 27, 2017
Closed on
Sep 15, 2017
Sold by
Denault Genevieve C
Bought by
Truong Khanh
Seller's Agent
Denise Doherty
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Omar Zavaleta
Best Homes Real Estate
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.03%
Original Mortgage
$174,600
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Nguyen Manh $331,500 Security Title Agency Inc
Truong Khanh $194,000 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Manh T $45,725
Closed Nguyen Manh $33,625
Open Nguyen Manh $265,200
Previous Owner Truong Khanh $174,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $190,000 0.0% $107 / Sq Ft
08/25/2017 08/25/17 For Sale $190,000 0.0% $107 / Sq Ft
08/25/2017 08/25/17 Price Changed $190,000 -13.6% $107 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $220,000 -- $123 / 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 $1,049 $8,359 -- --
2024 $1,013 $7,961 -- --
2023 $1,013 $42,060 $8,410 $33,650
2022 $1,008 $28,820 $5,760 $23,060
2021 $1,025 $19,070 $3,810 $15,260
2020 $999 $15,960 $3,190 $12,770
2019 $956 $12,820 $2,560 $10,260
2018 $924 $10,950 $2,190 $8,760
2017 $848 $9,710 $1,940 $7,770
2016 $818 $8,210 $1,640 $6,570
2015 $761 $6,980 $1,390 $5,590
Source: Public Records

Agents Affiliated with this Home

  • Denise Doherty

    Seller's Agent in 2017

    Denise Doherty

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 373-1599

    14 Total Sales

    Denise Doherty
    Section Image
  • Omar Zavaleta

    Buyer's Agent in 2017

    Omar Zavaleta

    Best Homes Real Estate

    (602) 622-2028

    2 in this area

    68 Total Sales

    Omar Zavaleta
    Section Image

  • O

    Buyer's Agent in 2017

    Omar GRI

    Colonial Realty, LLC

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5638186

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-43-121

Arizona Maricopa County Phoenix 85013 Uptown Phoenix

5222 N 7th Ave, Phoenix, AZ

This home is located at 5222 N 7th Ave, Phoenix, AZ 85013 since 27 July 2017 and is currently estimated at $683,334, approximately $383 per square foot. This property was built in 1957. 5222 N 7th Ave is a home located in Maricopa County with nearby schools including Solano School, Osborn Middle School, and Central High School.

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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