NOT LISTED FOR SALE

729 E Hazel Dr Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $467,603 - $643,000

1 Bed
-- Bath
3,288 Sq Ft
$160/Sq Ft Est. Value

Last Sold January 30, 2018

Last sale price $270,000 $82 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,899/month

3 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of January 2018

NEW LISTING, showings by appointment only! Freshly painted 4-plex all 2 bedroom units with washer/dryer hookups and storage lockers.
Recent overhaul to most units.
Rents currently set to $550 for three units and $625 for the fourth one, fully occupied great cash income! Potential to increase rents by more than 20% in the area.
No gas on property, heating is all electric. Tenants pay electric owner pays water and waste. Buyer to verify all financials, measurements, zoning and items of concern prior close of escrow.

Last Agent to Sell the Property

Victor Villegas

American Allstar Realty License #SA668393000 Listed on: 12/13/2017

Co-Listed By

Braulio Ochoa

Superlative Realty License #SA646593000

Last Buyer's Agent

Debbie Silacci

Arizona Property Brokerage License #BR037032000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 1985

Lot Details

  • 7,754

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Roosevelt Elementary School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot 5
  • Assessor Parcel Number 300-76-064

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7,762
  • Jayma Park Estates Lt 1 6 Subdivision

Building Details

  • Operating Expense $4,016
  • Gross Income $27,500
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,016

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 7st and Dobbins
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 1351
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: uspr01
  • Co List Office Phone: 480-756-9922
  • Subdivision Name: JAYMA PARK ESTATES LT 1-6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks
  • Amenities: Other

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Fee Information

  • Annual Water Sewer Expense: 2000.0

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 7,762
  • Additional Parcels: No
  • Parcel #: 300-76-064

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 4
  • Annual Gross Income: 27500.0
  • Property Net Operating Income: 24000.0
  • Annual Operating Expense: 4016.0

Tax Info

  • Tax Annual Amount: 2016.0
  • Tax Book Number: 300.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2022
Sold by
Nyle Boyd
Bought by
Boyd Family Trust
Current Estimated Value
$526,492

Purchase Details

Listed on
Dec 13, 2017
Closed on
Jan 24, 2018
Sold by
Miramontes Mario Arellano and Miramontes Maria C
Bought by
Boyd Nyle
Seller's Agent
Victor Villegas
American Allstar Realty
Buyer's Agent
Debbie Silacci
Arizona Property Brokerage
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$190,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2003
Sold by
Miramontes Mario Arellano
Bought by
Miramontes Mario Arellano and Miramontes Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 1998
Sold by
Tleel Gina
Bought by
Miramontes Mario Arellano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,370
Interest Rate
6.42%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 1998
Sold by
Ewell David L
Bought by
Tleel Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,237
Interest Rate
7.05%
Mortgage Type
FHA
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
Boyd Family Trust -- Thomas-Walters Pllc
Boyd Family Trust -- Thomas-Walters Pllc
Boyd Nyle $255,000 Wfg National Title Insurance
Miramontes Mario Arellano -- Arizona Title Agency Inc
Miramontes Mario Arellano $97,000 Fidelity Title
Tleel Gina $89,900 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyd Nyle $190,000
Previous Owner Miramontes Mario Arellano $96,000
Previous Owner Miramontes Mario Arellano $96,370
Previous Owner Tleel Gina $88,237
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2018 01/30/18 Sold $270,000 0.0% $82 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
12/12/2017 12/12/17 For Sale $270,000 -- $82 / 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 $1,693 $11,232 -- --
2024 $1,603 $10,697 -- --
2023 $1,603 $42,810 $8,560 $34,250
2022 $1,571 $27,480 $5,490 $21,990
2021 $1,603 $24,710 $4,940 $19,770
2020 $1,583 $20,310 $4,060 $16,250
2019 $1,532 $19,320 $3,860 $15,460
2018 $1,490 $15,860 $3,170 $12,690
2017 $1,421 $11,700 $2,340 $9,360
2016 $1,351 $12,080 $2,410 $9,670
2015 $1,272 $9,430 $1,880 $7,550
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Victor Villegas

    American Allstar Realty

    (480) 512-9785

    2 in this area

    24 Total Sales

    Victor Villegas
    Section Image
  • Braulio Ochoa

    Seller Co-Listing Agent in 2018

    Braulio Ochoa

    Superlative Realty

    (480) 430-1930

    4 in this area

    41 Total Sales

    Braulio Ochoa
    Section Image
  • Debbie Silacci

    Buyer's Agent in 2018

    Debbie Silacci

    Arizona Property Brokerage

    (602) 354-5150

    2 in this area

    64 Total Sales

    Debbie Silacci
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5697994

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-76-064

Arizona Maricopa County Phoenix 85042 South Mountain

729 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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