NOT LISTED FOR SALE

723 E Hazel Dr Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $625,000 - $667,000

-- Bed
-- Bath
3,288 Sq Ft
$195/Sq Ft Est. Value

Last Sold December 02, 2024

Last sale price $655,000 $199 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,482/month

7 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • Phoenix Coding Academy Rated A

About This Home

As of December 2024

Wonderful Investment opportunity! 4-Plex with paying tenants. All units are 2 bed/ 1 bath with washer and dryer hookups in each unit. Buyer to verify all facts and finances. Will only show with accepted contract. Owner/ agent

Last Agent to Sell the Property

Kevin McGowin

Go Win Property Management License #BR687250000 Listed on: 10/16/2024

Last Buyer's Agent

Rick Horst

Keller Williams Arizona Realty License #SA640657000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1985

Lot Details

  • 8,930

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Heating unit installed on the ceiling

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 4
  • Assessor Parcel Number 300-76-063

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8912
  • Jayma Park Estates Subdivision

Building Details

  • Operating Expense $1,428
  • Gross Income $58,710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,428

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 7th St and Dobbins
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Subdivision Name: JAYMA PARK ESTATES
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, >1 Space Per Unit, 1 Space/Unit
  • Attached Garage: No
  • 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
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Central, Electric, Ceiling
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 8912
  • Additional Parcels: No
  • Parcel #: 300-76-063

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 58710.0
  • Annual Operating Expense: 1428.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1428.0
  • Tax Book Number: 300.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Nov 20, 2024
Sold by
Km Lizard Properties Llc
Bought by
Trudel William and Trudel Anne C
Seller's Agent
Kevin McGowin
Go Win Property Management
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$675,000
Sold Price
$655,000
Premium/Discount to List
-$20,000
-2.96%
Views
18
Current Estimated Value
$640,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,521
Avg. Annual Appreciation
-2.11%
Original Mortgage
$487,500
Outstanding Balance
$482,932
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$157,547

Purchase Details

Listed on
Aug 19, 2021
Closed on
Sep 14, 2021
Sold by
Ticker Herbert
Bought by
Km Lizard Properties Llc
Seller's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Kevin McGowin
Go Win Property Management
List Price
$535,000
Sold Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$425,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 12, 2017
Closed on
Jul 5, 2017
Sold by
Kbd & Rr Investments Llc
Bought by
Ticker Herbert
Seller's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.40%
Original Mortgage
$175,000
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 10, 2015
Sold by
Vargas Xavier E
Bought by
Kbd&Rr Investments Llc

Purchase Details

Closed on
Mar 13, 2015
Sold by
M & L Southern Hospitality Llc
Bought by
Vargas Xavier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2011
Sold by
Musulin Mike
Bought by
M & L Southern Hospitality Llc

Purchase Details

Closed on
Aug 22, 2011
Sold by
Fitzgerald Glenwood A and Fitzgerald Glen
Bought by
Musullin Mike

Purchase Details

Closed on
Jun 22, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 14, 2001
Sold by
Fitzgerald Catalina A
Bought by
Fitzgerald Glenwood A and Fitzgerald Glen

Purchase Details

Closed on
Mar 23, 1999
Sold by
Vanhoy Robert A and Vanhoy Kathleen A
Bought by
Vanhoy R A and Vanhoy Kathleen A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Trudel William $655,000 Navi Title Agency
Trudel William $655,000 Navi Title Agency
Km Lizard Properties Llc $535,000 Equity Title Agency Inc
Ticker Herbert $265,000 Chicago Title Agency Inc
Kbd & Rr Investments Llc -- Chicago Title Agency Inc
Kbd&Rr Investments Llc -- None Available
Vargas Xavier $130,000 Grand Canyon Title Agency
M & L Southern Hospitality Llc -- Stewart Title & Trust Of Pho
Musullin Mike $75,000 Stewart Title & Trust Of Pho
Federal Home Loan Mortgage Corp -- First American Title
Bac Home Loans Servicing Lp $70,000 None Available
Fitzgerald Glenwood A -- Old Republic Title Agency
Fitzgerald Glenwood A $131,000 Old Republic Title Agency
Vanhoy R A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trudel William $487,500
Closed Trudel William $487,500
Previous Owner Km Lizard Properties Llc $425,000
Previous Owner Kbd & Rr Investments Llc $175,000
Previous Owner Vargas Xavier $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2024 12/02/24 Sold $655,000 -3.0% $199 / Sq Ft
11/30/2024 11/30/24 Price Changed $675,000 0.0% $205 / Sq Ft
11/30/2024 11/30/24 For Sale $675,000 0.0% $205 / Sq Ft
10/16/2024 10/16/24 For Sale $675,000 +26.2% $205 / Sq Ft
09/15/2021 09/15/21 Sold $535,000 0.0% $163 / Sq Ft View Prior Sale
08/19/2021 08/19/21 For Sale $535,000 +101.9% $163 / Sq Ft
07/20/2017 07/20/17 Sold $265,000 -3.6% $81 / Sq Ft View Prior Sale
06/29/2017 06/29/17 Pending -- -- --
06/11/2017 06/11/17 For Sale $275,000 -- $84 / 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 $1,509 $10,009 -- --
2024 $1,428 $9,532 -- --
2023 $1,428 $39,480 $7,890 $31,590
2022 $1,400 $24,480 $4,890 $19,590
2021 $1,428 $21,460 $4,290 $17,170
2020 $1,411 $17,750 $3,550 $14,200
2019 $1,365 $17,770 $3,550 $14,220
2018 $1,328 $14,570 $2,910 $11,660
2017 $1,266 $10,400 $2,080 $8,320
2016 $1,204 $10,430 $2,080 $8,350
2015 $1,133 $8,260 $1,650 $6,610
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kevin McGowin

    Go Win Property Management

    (480) 496-9001

    5 in this area

    44 Total Sales

    Kevin McGowin
    Section Image
  • Rick Horst

    Buyer's Agent in 2024

    Rick Horst

    Keller Williams Arizona Realty

    (480) 767-3014

    3 in this area

    33 Total Sales

    Rick Horst
    Section Image
  • Michelle Hoogendoorn

    Seller's Agent in 2021

    Michelle Hoogendoorn

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 829-3460

    2 in this area

    15 Total Sales

    Michelle Hoogendoorn
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6771473

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-76-063

Arizona Maricopa County Phoenix 85042 South Mountain

723 E Hazel Dr, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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