NOT LISTED FOR SALE

801 E Weldon Ave Phoenix, AZ 85014

Estimated Value: $370,596 - $716,000

2 Beds
-- Bath
2,190 Sq Ft
$268/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $149,000 $68 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $3,394/month

18 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of May 2013

Back on Market! Offers will be accepted thru Wed 4/3 at 6pm. Please submit your client's highest and best. Triplex, All 2 bed/1bath units, FULLY OCCUPIED with room to increase rents, owner has received as much as $650 per unit, professionally managed property, all tenants passed full background checks, well maintained property, washer/dryer in each unit, all A/C units recently had coils cleaned, wonderful central PHX location, great neighborhood for renters.

Last Listed By

Ross Fonner

Clementi Real Estate Consultants License #BR547885000 Listed on: 03/17/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $933

Year Built

  • Built in 1985

Lot Details

  • Property fronts an alley

Home Design

  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 10
  • Assessor Parcel Number 118-19-010

Community Details

Overview

  • 3 Units
  • Building Dimensions are unknown
  • Chumbley Place Subdivision

Building Details

  • Operating Expense $3,294
  • Gross Income $15,228
  • Net Operating Income $15,228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$933

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Indian School & 7th street
  • Property Type: Multiple Dwellings
  • Zoning: reside
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2012
  • Directions: SOUTH TO WELDON AVE, EAST ON WELDON TO TRI-PLEX. Note: DOES NOT MAKE SENSE, BUT PROPERTY IS LOCATED IN 700 BLOCK BETWEEN 725 & 745 (no sign on property)
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: CHUMBLEY PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Washer/Dryer, W/D Hookup
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per 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

Utilities

  • Electric: APS
  • Cooling: Electric, Heat Pump, Individual
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: unknown
  • Additional Parcels: No
  • Parcel #: 118-19-010

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 15228.0
  • Insurance Expense: 761.0
  • Maintenance Expense: 400.0
  • Property Net Operating Income: 15228.0
  • Annual Operating Expense: 3293.6
  • Vacancy Allowance Rate: 0.06

Tax Info

  • Tax Annual Amount: 932.6
  • Tax Book Number: 118.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2013
Closed on
Jun 10, 2013
Sold by
Padilla Edmundo
Bought by
Mundy Wong Llc
Seller's Agent
Ross Fonner
Clementi Real Estate Consultants
Buyer's Agent
Tam Truong
REALTY ONE GROUP AZ
List Price
$159,900
Sold Price
$149,000
Premium/Discount to List
-$10,900
-6.82%
Total Days on Market
18
Current Estimated Value
$586,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,649
Avg. Annual Appreciation
12.77%
Original Mortgage
$111,750
Outstanding Balance
$80,180
Interest Rate
3.38%
Mortgage Type
VA
Estimated Equity
$546,995

Purchase Details

Listed on
Mar 17, 2013
Closed on
May 1, 2013
Sold by
Ddf Properties Llc
Bought by
Padilla Edmundo
Seller's Agent
Ross Fonner
Clementi Real Estate Consultants
Buyer's Agent
Tam Truong
REALTY ONE GROUP AZ
List Price
$159,900
Sold Price
$149,000
Premium/Discount to List
-$10,900
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,750
Outstanding Balance
$80,180
Interest Rate
3.38%
Mortgage Type
VA
Estimated Equity
$546,995

Purchase Details

Closed on
Nov 30, 2005
Sold by
Fonner Ross D
Bought by
Ddf Properties Llc

Purchase Details

Closed on
Mar 24, 2004
Sold by
Weaver Grant E
Bought by
Fonner Ross D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2000
Sold by
Bradley Omar S
Bought by
Weaver Grant E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,565
Interest Rate
8.19%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 1996
Sold by
Halford Jamie
Bought by
Bradley Omar S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,400
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 1995
Sold by
Associates Financial Services Of America
Bought by
Halford Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.9%

Purchase Details

Closed on
Jan 25, 1995
Sold by
Marlin Financial Services and Shrewsbury James W
Bought by
Associates Financial Services Of America

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.9%

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
Mundy Wong Llc -- Stewart Title & Trust Of Pho
Padilla Edmundo $149,000 Stewart Title & Trust Of Pho
Ddf Properties Llc -- --
Fonner Ross D $163,200 Chicago Title Insurance Co
Weaver Grant E $120,000 Transnation Title Insurance
Bradley Omar S $85,000 Fiesta Title & Escrow Agency
Halford Jamie $56,000 Lawyers Title
Associates Financial Services Of America -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Edmundo $111,750
Previous Owner Fonner Ross D $122,400
Previous Owner Weaver Grant E $116,565
Previous Owner Bradley Omar S $84,400
Previous Owner Halford Jamie $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $149,000 -6.8% $68 / Sq Ft
04/04/2013 04/04/13 Pending -- -- --
03/17/2013 03/17/13 For Sale $159,900 -- $73 / 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 $1,703 $13,567 -- --
2024 $1,645 $12,921 -- --
2023 $1,645 $43,880 $8,770 $35,110
2022 $1,636 $34,610 $6,920 $27,690
2021 $1,663 $29,810 $5,960 $23,850
2020 $1,621 $25,710 $5,140 $20,570
2019 $1,551 $23,060 $4,610 $18,450
2018 $1,500 $19,950 $3,990 $15,960
2017 $1,377 $16,760 $3,350 $13,410
2016 $1,328 $12,980 $2,590 $10,390
2015 $1,235 $11,660 $2,330 $9,330
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Ross Fonner

    Clementi Real Estate Consultants

  • Tam Truong

    Buyer's Agent in 2013

    Tam Truong

    REALTY ONE GROUP AZ

    (480) 321-8100

    34 Total Sales

    Tam Truong
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4905898

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-19-010

Arizona Maricopa County Phoenix 85014

801 E Weldon Ave, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 801 E Weldon Ave, Phoenix, AZ 85014 since 17 March 2013 and is currently estimated at $586,649, approximately $267 per square foot. This property was built in 1985. 801 E Weldon Ave is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle School, and North 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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