NOT LISTED FOR SALE

5745 N 8th Place Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $660,000 - $961,000

2 Beds
1 Bath
900 Sq Ft
$926/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $230,000 $256 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $4,635/month

23 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of November 2013

WELL MAINTAINED INVESTMENT PROPERTY PRICED UNDER CURRENT APPRAISED VALUE. WITH-IN CLOSE PROXIMATY TO DOWNTOWN, SCHOOLS,SHOPPING & MEDICAL. EACH UNIT HAS SEPARATE UTILITIES,1 PARKING PLACE AND A STORAGE UNIT IN THE REAR (4X6). ADDITIONAL FEATURES INCLUDE A LARGE GRASS COMMON AREA, COIN LAUNDRY, UPDATED ELECTRICAL ,BLOCK CONSTRUCTION & MUCH MORE.PROPERTY BEING SOLD IN CONJUNCTION WITH MLS #4986194 - APN #162-06-062-E.A TOTAL OF 7 UNITS.

Last Agent to Sell the Property

Chadwick Devries

Rowe & DeVries Real Estate Services, LLC Listed on: 08/20/2013

Co-Listed By

Kelly Hennessy

SERHANT. License #SA539833000

Last Buyer's Agent

Sergei Perkovskii

Gold Trust Realty License #SA558012000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,591

Year Built

  • Built in 1971

Lot Details

  • 0.26

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Paved Parking

Schools

  • Madison #1 Middle Elementary School
  • Madison Rose Lane Middle School
  • Madison #1 Middle High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Additional Features

  • Vinyl Flooring
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 162-06-062-F

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are .26

Building Details

  • Operating Expense $22,753
  • Net Operating Income $26,484

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,591

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: 7TH & BETHANY HOME
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI-FAMILY
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2012
  • Directions: SOUTH ON 7TH STREET TO MONTABELLO,EAST ON MONTABELLO TO 8TH PLACE. NORTH TO PROPERTY ON THE RIGHT HAND SIDE.
  • Road Surface Type: Asphalt, Concrete
  • Professional Management Expense: 4512.0
  • Co List Office Mls Id: baxb01
  • Co List Office Phone: 602-952-5600
  • Subdivision Name: UNKNOWN
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Vinyl
  • Appliances: Other (See Remarks), F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Master Meter, Individual Meter
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 1800.0
  • Annual Water Sewer Expense: 3333.0

Schools

  • Elementary School: Madison #1 Middle School
  • High School: Madison #1 Middle School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Rose Lane School

Lot Info

  • Lot Size: .26
  • Additional Parcels: Yes
  • Parcel #: 162-06-062-F

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 1516.0
  • Insurance Expense: 1550.0
  • Maintenance Expense: 6431.0
  • Property Net Operating Income: 26484.0
  • Annual Operating Expense: 22752.68
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1590.68
  • Tax Book Number: 162.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2018
Sold by
Casa Oro Llc
Bought by
Zolnierczyk Stanislaw and Zolnierczyk Maria
Current Estimated Value
$833,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$262,175
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$570,943

Purchase Details

Listed on
Aug 20, 2013
Closed on
Dec 27, 2013
Sold by
Widjaja Kristian and Widjaja Yuliany
Bought by
Casa Oro Llc
Seller's Agent
Chadwick Devries
Rowe & DeVries Real Estate Services, LLC
Buyer's Agent
Sergei Perkovskii
Gold Trust Realty
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$168,750
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 20, 2013
Closed on
Nov 1, 2013
Sold by
Conway John L and Conway Sharyn M
Bought by
Widjaja Kristian and Widjaja Yuliany
Seller's Agent
Chadwick Devries
Rowe & DeVries Real Estate Services, LLC
Buyer's Agent
Sergei Perkovskii
Gold Trust Realty
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2000
Sold by
Habiba Shameem and The Shameem Habiba Trust #1
Bought by
Conway John L and Conway Sharyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,797
Interest Rate
8.63%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 1994
Sold by
Hussain Khaja M
Bought by
Hussain Shameem
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
Zolnierczyk Stanislaw $530,286 Commonwealth Land Title Insu
Casa Oro Llc -- None Available
Widjaja Kristian $225,000 Lawyers Title Of Arizona Inc
Conway John L $181,000 First American Title
Hussain Shameem -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zolnierczyk Stanislaw $300,000
Previous Owner Widjaja Kristian $168,750
Previous Owner Conway John L $179,797
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2013 11/08/13 Sold $230,000 -8.0% $256 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $249,900 0.0% $278 / Sq Ft
11/01/2012 11/01/12 Rented $650 0.0% --
11/01/2012 11/01/12 Under Contract -- -- --
10/19/2012 10/19/12 For Rent $650 -- --
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 $3,178 $24,396 -- --
2024 $2,949 $23,234 -- --
2023 $2,949 $67,960 $13,590 $54,370
2022 $2,861 $54,580 $10,910 $43,670
2021 $2,886 $47,120 $9,420 $37,700
2020 $2,841 $39,770 $7,950 $31,820
2019 $2,778 $34,310 $6,860 $27,450
2018 $2,710 $30,510 $6,100 $24,410
2017 $2,582 $26,850 $5,370 $21,480
2016 $2,493 $23,210 $4,640 $18,570
2015 $2,316 $22,160 $4,430 $17,730
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Chadwick Devries

    Rowe & DeVries Real Estate Services, LLC

  • Kelly Hennessy

    Seller Co-Listing Agent in 2013

    Kelly Hennessy

    SERHANT.

    (602) 318-6661

    2 in this area

    59 Total Sales

    Kelly Hennessy
    Section Image
  • Sergei Perkovskii

    Buyer's Agent in 2013

    Sergei Perkovskii

    Gold Trust Realty

    (480) 241-9278

    5 in this area

    42 Total Sales

    Sergei Perkovskii
    Section Image
  • Jason J. Geroux

    Seller's Agent in 2012

    Jason J. Geroux

    4:10 Real Estate, LLC

    (480) 382-0115

    2 in this area

    84 Total Sales

    Jason J. Geroux
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4986188

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-06-062F

Arizona Maricopa County Phoenix 85014 Camelback East Village

5745 N 8th Place, Phoenix, AZ

This home is located at 5745 N 8th Place, Phoenix, AZ 85014 since 20 August 2013 and is currently estimated at $833,118, approximately $925 per square foot. This property was built in 1971. 5745 N 8th Place is a home located in Maricopa County with nearby schools including Madison Rose Lane Elementary School, Madison No. 1 Middle School, and Phoenix Coding Academy.

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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