M
Seller's Agent in 2023
Marissa Martinez
Taylor Street Advisors
729 E Mission Ln Phoenix, AZ 85020
North Central NeighborhoodEstimated Value: $466,000 - $552,000
Studio
--
Bath
1,184
Sq Ft
$428/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Individual Controls for Heating
- Sunnyslope High School Rated A
About This Home
As of May 2023Partially renovated & fully occupied, this 4-Unit is located in the heart of North Phoenix. This positive cash flowing property includes (3) 1B/1B units and (1) Studio/1B with 2 Units in the front, and 2 units in the back. (2) of the units have been significantly renovated while the other (2) units provide additional upside for the investor. All (4) units are single story, featuring their own private yard and assigned parking spots. Newer A/C's in units (1), (3) & (4). Building 1 was built in 1954, while building 2 (front duplex) was built in 1981! Both duplexes have been proficiently maintained. Minutes from Honor Health Medical Center, Freeways and North Mountain, this charming private community offers an attractive investment opportunity for the buyer looking to tap into the Arizona Multifamily Market.
Last Agent to Sell the Property
Marissa Martinez
Taylor Street Advisors License #SA698099000 Listed on: 03/13/2023
Last Buyer's Agent
Marissa Martinez
Taylor Street Advisors License #SA698099000 Listed on: 03/13/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,066
Year Built
- Built in 1954
Home Design
- Composition Roof
- Block Exterior
Flooring
- Ceramic Tile
- Vinyl
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Schools
- Sunnyslope Elementary School
- Royal Palm Middle School
- Sunnyslope High School
Utilities
- Cooling Available
- Individual Controls for Heating
Listing and Financial Details
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 11
- Assessor Parcel Number 159-36-038
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 7899 sqft
- Cook Court Subdivision
Building Details
- Operating Expense $1,066
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2023
Closed on
May 25, 2023
Sold by
Perez Estevan
Bought by
Jones Family Living Trust
Seller's Agent
Marissa Martinez
Taylor Street Advisors
Buyer's Agent
Marissa Martinez
Taylor Street Advisors
List Price
$620,000
Sold Price
$570,000
Premium/Discount to List
-$50,000
-8.06%
Views
40
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
-$62,995
Avg. Annual Appreciation
-4.32%
Purchase Details
Listed on
Aug 24, 2015
Closed on
Nov 3, 2015
Sold by
Virani Nadir and Virani Shahnez
Bought by
Perez Estevan
Seller's Agent
Kristen Hutchison
RealtyONEGroup Mountain Desert
Buyer's Agent
Tomyal Emptage
Brokers Hub Realty, LLC
List Price
$154,000
Sold Price
$154,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.98%
Original Mortgage
$115,500
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Virani Nadir and Virani Shahnez
Purchase Details
Closed on
Aug 4, 2010
Sold by
Sylvester Patrick J and Sylvester Marilyn A
Bought by
Jpmorgan Chase Bank National Association
Purchase Details
Closed on
Jul 31, 2009
Sold by
Sylvester Patrick J and Sylvester Marilyn A
Bought by
Syltel Investments Llc
Purchase Details
Closed on
May 29, 2009
Sold by
Syltel Investments Llc
Bought by
Sylvester Patrick J and Sylvester Marilyn A
Purchase Details
Closed on
Apr 25, 2007
Sold by
Sylvester Patrick J and Sylvester Marilyn A
Bought by
Slytel Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 26, 2007
Sold by
Slytel Investments Llc
Bought by
Sylvester Patrick J and Sylvester Marilyn A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 15, 2005
Sold by
Sylvester Patrick J and Sylvester Marilyn A
Bought by
Slytel Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 12, 2004
Sold by
Ruiz Fernando J
Bought by
Lane Investments Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 6, 2004
Sold by
Ruiz Carmen A
Bought by
Ruiz Fernando J and Ruiz Carmen A
Purchase Details
Closed on
Oct 8, 1997
Sold by
Ackman Jerry L and Ackman Marie J
Bought by
Ruiz Fernando J and Ruiz Carmen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.49%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jones Family Living Trust | $570,000 | Chicago Title Agency | |
| Perez Estevan | $154,000 | Empire West Title Agency | |
| Virani Nadir | $57,500 | Lawyers Title Of Arizona Inc | |
| Jpmorgan Chase Bank National Association | $75,238 | Security Title Agency | |
| Syltel Investments Llc | -- | Accommodation | |
| Sylvester Patrick J | -- | Accommodation | |
| Slytel Investments Llc | -- | Fidelity Title | |
| Sylvester Patrick J | -- | Fidelity National Title | |
| Slytel Investments Llc | -- | Capital Title Agency Inc | |
| Sylvester Patrick J | -- | Capital Title Agency Inc | |
| Lane Investments Properties Llc | $140,000 | Capital Title Agency Inc | |
| Greybeard Enterprise Corp | $155,000 | Capital Title Agency Inc | |
| Ruiz Fernando J | -- | -- | |
| Ruiz Fernando J | $75,000 | Old Republic Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Perez Estevan | $115,500 | |
| Previous Owner | Sylvester Patrick J | $192,000 | |
| Previous Owner | Sylvester Patrick J | $157,500 | |
| Previous Owner | Greybeard Enterprise Corp | $140,000 | |
| Previous Owner | Ruiz Fernando J | $54,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/25/2023 05/25/23 | Sold | $570,000 | -8.1% | $481 / Sq Ft | |
| 05/03/2023 05/03/23 | Pending | -- | -- | -- | |
| 03/13/2023 03/13/23 | For Sale | $620,000 | +302.6% | $524 / Sq Ft | |
| 11/13/2015 11/13/15 | Sold | $154,000 | 0.0% | $130 / Sq Ft | View Prior Sale |
| 09/27/2015 09/27/15 | Pending | -- | -- | -- | |
| 08/20/2015 08/20/15 | For Sale | $154,000 | -- | $130 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,166 | $9,176 | -- | -- |
| 2024 | $1,102 | $8,739 | -- | -- |
| 2023 | $1,102 | $34,760 | $6,950 | $27,810 |
| 2022 | $1,066 | $24,500 | $4,900 | $19,600 |
| 2021 | $1,080 | $20,750 | $4,150 | $16,600 |
| 2020 | $1,053 | $18,320 | $3,660 | $14,660 |
| 2019 | $1,033 | $16,130 | $3,220 | $12,910 |
| 2018 | $1,006 | $13,700 | $2,740 | $10,960 |
| 2017 | $1,001 | $10,730 | $2,140 | $8,590 |
| 2016 | $983 | $9,920 | $1,980 | $7,940 |
| 2015 | $910 | $8,320 | $1,660 | $6,660 |
Source: Public Records
Agents Affiliated with this Home
-
-
Yvonne Matejka
Seller Co-Listing Agent in 2023
Yvonne Matejka
Real Broker
(480) 334-9590
1 in this area
55 Total Sales
-
Kristen Hutchison
K
Seller's Agent in 2015
Kristen Hutchison
RealtyONEGroup Mountain Desert
(928) 925-5835
20 Total Sales
-
Tomyal Emptage
Buyer's Agent in 2015
Tomyal Emptage
Brokers Hub Realty, LLC
(602) 405-7941
5 in this area
123 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6531112
APN: 159-36-038
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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