Seller's Agent in 2024
Dallin Hammond
ABI Multifamily
(602) 714-1400
4 in this area
34 Total Sales
614 N 10th Ave Phoenix, AZ 85007
Central City NeighborhoodEstimated Value: $259,000 - $679,000
Studio
--
Bath
--
Sq Ft
6,273
Sq Ft Lot Lot
Highlights
- Cooling Available
- Vinyl Flooring
- 2-minute walk to Hu-O-Te Mini Park
- Phoenix Coding Academy Rated A
- Individual Controls for Heating
About This Home
As of February 2024Property to be purchased with 616 N 10th Ave, total price is $2,100,000 for all 8 units. 614 - 616 North 10th Avenue is a 100% occupied newly renovated 8-unit boutique apartment community that offers an attractive unit mix including (5) one-bedroom / one-bathroom units, (2) two-bedroom / one-bathroom casitas, & (1) two-bedroom / two-bathroom unit. Six of the eight units have fully landscaped private backyards complete with pavers, plants, drip system and accent lighting. No expense was spared in the renovations with more than $640,000 of capital improvements.
Last Agent to Sell the Property
ABI Multifamily License #SA677560000 Listed on: 12/21/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $955
Year Built
- Built in 1954
Lot Details
- 6,273
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- On-Street Parking
Utilities
- Cooling Available
- Individual Controls for Heating
- Separate Meters
Additional Features
- Vinyl Flooring
- Additional Parcels
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for trash collection, water, sewer, landscaping
- Legal Lot and Block 18 / J
- Assessor Parcel Number 111-29-193
Community Details
Overview
- 4 Buildings
- 8 Units
- Building Dimensions are 125.26x50.68xx125.22x50.63
- University Addition Subdivision
Building Details
- Operating Expense $955
- Gross Income $155,458
- Net Operating Income $118,546
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 21, 2023
Closed on
Feb 16, 2024
Sold by
Bought by
Seller's Agent
Dallin Hammond
ABI Multifamily
Buyer's Agent
Ronald Schmidt
West USA Realty
List Price
$2,100,000
Sold Price
$2,080,000
Premium/Discount to List
-$20,000
-0.95%
Views
28
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
-$1,590,451
Avg. Annual Appreciation
-46.54%
Purchase Details
Closed on
Mar 22, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,111,279
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 30, 2009
Sold by
Bought by
Purchase Details
Closed on
Mar 13, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.15%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 16, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.14%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,080,000 | Wfg National Title Insurance C | ||
| $2,155,000 | Commonwealth Title | ||
| -- | None Available | ||
| $200,000 | Chicago Title | ||
| $115,000 | Transnation Title Insurance |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,111,279 | ||
| Previous Owner | $196,000 | ||
| Previous Owner | $85,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/16/2024 02/16/24 | Sold | $2,080,000 | -1.0% | -- |
| 02/16/2024 02/16/24 | Price Changed | $2,100,000 | 0.0% | -- |
| 12/31/2023 12/31/23 | Pending | -- | -- | -- |
| 12/21/2023 12/21/23 | For Sale | $2,100,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,025 | $7,213 | -- | -- |
| 2024 | $955 | $6,870 | -- | -- |
| 2023 | $955 | $40,480 | $6,500 | $33,980 |
| 2022 | $921 | $27,400 | $4,400 | $23,000 |
| 2021 | $914 | $22,300 | $3,580 | $18,720 |
| 2020 | $925 | $21,170 | $3,400 | $17,770 |
| 2019 | $924 | $18,390 | $2,950 | $15,440 |
| 2018 | $908 | $14,050 | $2,250 | $11,800 |
| 2017 | $887 | $12,330 | $1,980 | $10,350 |
| 2016 | $861 | $10,670 | $1,710 | $8,960 |
| 2015 | $797 | $8,200 | $1,640 | $6,560 |
Source: Public Records
Agents Affiliated with this Home
-
Dallin Hammond
-
Tom Palestina
Seller Co-Listing Agent in 2024
Tom Palestina
ABI Multifamily
(602) 714-1400
11 in this area
40 Total Sales
-
Ronald Schmidt
Buyer's Agent in 2024
Ronald Schmidt
West USA Realty
(805) 458-6735
3 in this area
37 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6642484
APN: 111-29-193
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
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