NOT LISTED FOR SALE

728 E Apollo Rd Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $466,000 - $591,616

-- Bed
1 Bath
2,320 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $235,000 $101 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,830/month

3 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of October 2019

Amazing opportunity to own newer construction large duplex town house style units. Both 3 bedroom 2.25 bath units. Also the lot allows another duplex to be built. Great owner occupant unit or great value add investment. One unit vacant other side rented below market 850. Proforma rents 1000. Both have private yards and washer and dryer hookups. All facts and figures are approximate buyer verify MLS information

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000 Listed on: 08/22/2019

Co-Listed By

Joshua Willets

Grace CRE License #BR675965000

Last Buyer's Agent

Sophia Baron

Grace CRE License #BR648866000 Listed on: 08/22/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,281

Year Built

  • Built in 2007

Lot Details

  • Additional Parcels

Parking

  • Free Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Schools

  • Roosevelt Elementary School
  • Roosevelt Elementary High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water
  • Tax Lot 9
  • Assessor Parcel Number 114-25-024-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 100x135
  • Estrella Rancho Subdivision

Building Details

  • Operating Expense $7,499
  • Gross Income $22,800
  • Net Operating Income $15,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,281

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Cross Street: 7th Street & Southern
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MM
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2007
  • Tax Year: 2018
  • Directions: East on Apollo Rd. Property is on North side of Apollo; Not street facing.
  • Road Surface Type: Gravel, Dirt
  • Professional Management Expense: 1200.0
  • Co List Office Mls Id: grcr001
  • Co List Office Phone: 602-758-9981
  • Subdivision Name: ESTRELLA RANCHO
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Free, >1 Space Per Unit
  • Attached Garage: No
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: City 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

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

Fee Information

  • Trash Expense: 500.0
  • Annual Water Sewer Expense: 1000.0

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: Roosevelt Elementary School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Lot Size: 100x135
  • Additional Parcels: Yes
  • Parcel #: 114-25-024-A

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 22800.0
  • Insurance Expense: 700.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 15300.0
  • Annual Operating Expense: 7499.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1281.0
  • Tax Book Number: 114.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Sep 18, 2019
Sold by
Shinnick Kevin and Shinnick Laura
Bought by
Gipson Narvetta
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Sophia Baron
Grace CRE
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%
Current Estimated Value
$513,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,404
Avg. Annual Appreciation
16.91%
Original Mortgage
$230,743
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2008
Sold by
West Gerald L
Bought by
Shinnick Kevin and Shinnick Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2008
Sold by
Aguilera Ruben
Bought by
The Jerry L West Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2001
Sold by
Behrends Lonnie D and Behrends Terry Marie
Bought by
Spurgeon Beatrice

Purchase Details

Closed on
Sep 23, 1999
Sold by
Spurgeon Beatrice
Bought by
Behrends Lonnie D and Behrends Terry Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.77%
Mortgage Type
Seller Take Back
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
Gipson Narvetta $235,000 Chicago Title Agency Inc
Shinnick Kevin $156,000 Chicago Title
The Jerry L West Trust -- None Available
Spurgeon Beatrice $40,375 First American Title
Behrends Lonnie D $35,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gipson Narvetta $159,000
Closed Gipson Narvetta $21,007
Closed Gipson Narvetta $230,743
Previous Owner Shinnick Kevin $109,200
Previous Owner Aguilera Ruben $152,000
Previous Owner Aguilera Ruben $327,800
Previous Owner Hernandez Peter R $20,000
Previous Owner Behrends Lonnie D $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $235,000 +4.4% $101 / Sq Ft
10/11/2019 10/11/19 For Sale $225,000 0.0% $97 / Sq Ft
10/11/2019 10/11/19 Price Changed $225,000 0.0% $97 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $225,000 -- $97 / 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 $1,418 $9,655 -- --
2024 $1,378 $9,195 -- --
2023 $1,378 $33,160 $6,630 $26,530
2022 $1,350 $22,400 $4,480 $17,920
2021 $1,378 $20,730 $4,140 $16,590
2020 $1,361 $18,710 $3,740 $14,970
2019 $1,317 $16,720 $3,340 $13,380
2018 $1,281 $13,770 $2,750 $11,020
2017 $1,221 $11,270 $2,250 $9,020
2016 $1,162 $10,160 $2,030 $8,130
2015 $1,093 $7,830 $1,560 $6,270
Source: Public Records

Agents Affiliated with this Home

  • Sophia Baron

    Seller's Agent in 2019

    Sophia Baron

    Grace CRE

    (480) 375-0227

    1 in this area

    85 Total Sales

    Sophia Baron
    Section Image
  • Joshua Willets

    Seller Co-Listing Agent in 2019

    Joshua Willets

    Grace CRE

    (561) 473-4477

    31 Total Sales

    Joshua Willets
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5968113

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-25-024A

Arizona Maricopa County Phoenix 85042 South Mountain

728 E Apollo Rd, Phoenix, AZ

This home is located at 728 E Apollo Rd, Phoenix, AZ 85042 since 22 August 2019 and is currently estimated at $513,404, approximately $221 per square foot. This property was built in 2007. 728 E Apollo Rd 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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