NOT LISTED FOR SALE

5624 S 6th St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $490,686 - $621,000

-- Bed
-- Bath
2,640 Sq Ft
$211/Sq Ft Est. Value

Last Sold May 04, 2020

Last sale price $315,000 $119 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,041/month

1 Day on Market

Highlights

  • Central Air
  • Heat Pump System
  • 2-minute walk to Momo Park
  • Phoenix Coding Academy Rated A

About This Home

As of May 2020

Fully occupied FourPlex and at a great investment price. Low maintenance yard. All units are 2 bedrooms 1 bath. Tenant pays electric, owner pays yard maintenance. Nice community park down the street.
DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Rodica Bartels

Century 21 Northwest License #BR507907000 Listed on: 03/28/2020

Century 21 Northwest

Co-Listed By

John Crow

Century 21 Northwest License #SA635202000

Last Buyer's Agent

Daniel Rice

Keller Williams Arizona Realty License #SA656335000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $929

Year Built

  • Built in 1984

Lot Details

  • 7,536

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 22
  • Assessor Parcel Number 113-44-018-G

Community Details

Overview

  • 4 Units
  • Building Dimensions are rectangular
  • Bartram Subdivision

Building Details

  • Operating Expense $9,523
  • Gross Income $22,932
  • Net Operating Income $12,565

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$929

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 7th Street and Southern
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-H R-4
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2019
  • Directions: 7th Street 3 blocks north of Southern, go West on Sunland Avenue 1 block to 6th Street, south to Property.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2293.0
  • Co List Office Mls Id: cere10
  • Subdivision Name: Bartram
  • Tax Parcel Letter: G
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2880.0

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Lot Size: rectangular
  • Additional Parcels: No
  • Parcel #: 113-44-018-G

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 22932.0
  • Insurance Expense: 621.0
  • Maintenance Expense: 2800.0
  • Property Net Operating Income: 12565.0
  • Annual Operating Expense: 9523.0
  • Vacancy Allowance Rate: 0.09

Tax Info

  • Tax Annual Amount: 929.0
  • Tax Book Number: 113.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2020
Closed on
Apr 29, 2020
Sold by
Friesen Chsritopher J and Berlault Addie
Bought by
Galbreath Glenda M
Seller's Agent
Rodica Bartels
Century 21 Northwest
Buyer's Agent
Daniel Rice
Keller Williams Arizona Realty
List Price
$304,900
Sold Price
$315,000
Premium/Discount to List
$10,100
3.31%
Current Estimated Value
$557,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,922
Avg. Annual Appreciation
11.10%
Original Mortgage
$309,294
Outstanding Balance
$275,602
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$282,320

Purchase Details

Closed on
Sep 28, 2015
Sold by
Friesen Christopher J
Bought by
Friesen Christopher J and Beriault Addie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2012
Sold by
The Seanez Family Living Trust and Seanez Filberto
Bought by
Friesen Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2010
Sold by
Seanez Filiberto and Seanez Yolanda
Bought by
Seanez Filiberto D and Seanez Yolanda

Purchase Details

Closed on
Sep 12, 1996
Sold by
Knowles Karen
Bought by
Seanez Filiberto and Seanez Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,700
Interest Rate
8.5%
Mortgage Type
New Conventional
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
Galbreath Glenda M $315,000 None Available
Friesen Christopher J -- Fidelity Natl Title Agency
Friesen Chris $112,000 Old Republic Title Agency
Seanez Filiberto D -- None Available
Seanez Filiberto $51,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galbreath Glenda M $309,294
Previous Owner Friesen Christopher J $473,000
Previous Owner Friesen Chris $67,200
Previous Owner Seanez Filiberto $35,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2020 05/04/20 Sold $315,000 +3.3% $119 / Sq Ft
03/28/2020 03/28/20 For Sale $304,900 -- $115 / 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 $1,000 $6,811 -- --
2024 $972 $6,487 -- --
2023 $972 $35,760 $7,150 $28,610
2022 $953 $25,520 $5,100 $20,420
2021 $972 $21,270 $4,250 $17,020
2020 $960 $18,480 $3,690 $14,790
2019 $929 $16,570 $3,310 $13,260
2018 $904 $12,280 $2,450 $9,830
2017 $861 $11,720 $2,340 $9,380
2016 $819 $10,350 $2,070 $8,280
2015 $771 $8,210 $1,640 $6,570
Source: Public Records

Agents Affiliated with this Home

  • Rodica Bartels

    Seller's Agent in 2020

    Rodica Bartels

    Century 21 Northwest

    (602) 448-5228

    5 in this area

    218 Total Sales

    Rodica Bartels
    Section Image
  • John Crow

    Seller Co-Listing Agent in 2020

    John Crow

    Century 21 Northwest

    (623) 556-6170

    5 in this area

    196 Total Sales

    John Crow
    Section Image

  • D

    Buyer's Agent in 2020

    Daniel Rice

    Keller Williams Arizona Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6058081

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-44-018G

Arizona Maricopa County Phoenix 85040 South Mountain

5624 S 6th St, Phoenix, AZ

This home is located at 5624 S 6th St, Phoenix, AZ 85040 since 28 March 2020 and is currently estimated at $557,922, approximately $211 per square foot. This property was built in 1984. 5624 S 6th St is a home located in Maricopa County with nearby schools including John F. Kennedy Elementary School, C O Greenfield School, and South Mountain 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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