NOT LISTED FOR SALE

8025 S Sahuaro St Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $606,000

-- Bed
1 Bath
1,011 Sq Ft
$599/Sq Ft Est. Value

Last Sold February 15, 2021

Last sale price $525,000 $519 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,924/month

93 Days on Market

Highlights

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

About This Home

As of February 2021

GREAT INCOME PROPERTY with valuable future investment potential! Single family ranch horse property with 3 additional rental units. 2 2 bedroom and 1 3 bedroom. Positive income, no HOA, could be great vacation rental! Zoned R3 high density multi family for future development. Centrally located near ASU, Airport, downtown, and the popular So Mountain Park and canals for hiking, biking and horseback riding. Minutes to shopping, restaurants and Starbucks. Live in one unit and let your tenants/vacation renters pay your mortgage!

Last Agent to Sell the Property

Carlie Back

Keller Williams Realty East Valley License #SA104219000 Listed on: 07/16/2020

Keller Williams Realty East Valley

Last Buyer's Agent

Dana Lambert

Endless Ventures License #SA651441000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,765

Year Built

  • Built in 1951

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 12 Parking Spaces
  • 12 Covered Spaces
  • Common or Shared Parking

Schools

  • Cloves C Campbell Sr Elementary School
  • South Mountain High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Tax Lot 29
  • Assessor Parcel Number 301-31-032-B

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Building Dimensions are irregular

Building Details

  • Operating Expense $2,765

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,765

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Cross Street: 24th Street and Baseline Rd.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1951
  • Tax Year: 2019
  • Directions: South on 24th St to Desert Lane. West on Desert Lane to Sahuaro St. North on Sahuaro St to address.
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 12.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: 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

Schools

  • Elementary School: Cloves C Campbell Sr Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Cloves C Campbell Sr Elementary School

Lot Info

  • Lot Size: irregular
  • Additional Parcels: Yes
  • Parcel #: 301-31-032-B

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 2765.0

Tax Info

  • Tax Annual Amount: 2765.0
  • Tax Book Number: 301.00
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Feb 5, 2021
Sold by
Juarique Rosie and Juarique Teofilo Q
Bought by
Garcia Cesar Ocampo and Ocegueda Araceli Castaneda
Seller's Agent
Carlie Back
Keller Williams Realty East Valley
Buyer's Agent
Dana Lambert
Endless Ventures
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$606,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,000
Original Mortgage
$393,750
Outstanding Balance
$356,162
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2001
Sold by
Jaurique Teofilo Q and Jaurique Rosie D
Bought by
Jaurique Teofilo Q and Jaurique Rosie D
Source: Public Records

Range of Values:

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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
Garcia Cesar Ocampo $525,000 Empire West Title Agency Llc
Jaurique Teofilo Q -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Cesar Ocampo $393,750
Closed Garcia Cesar Ocampo $393,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2021 02/15/21 Sold $525,000 0.0% $519 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $525,000 0.0% $519 / Sq Ft
08/07/2020 08/07/20 Off Market $525,000 -- --
07/16/2020 07/16/20 For Sale $525,000 -- $519 / 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
2021 $2,375 $21,330 $4,260 $17,070
2020 -- $18,700 $3,740 $14,960
2019 -- $15,370 $3,070 $12,300
2018 -- $17,410 $3,480 $13,930
2017 -- $14,630 $2,920 $11,710
2016 -- $12,060 $2,410 $9,650
2015 -- $13,830 $2,760 $11,070
Source: Public Records

Agents Affiliated with this Home

  • Carlie Back

    Seller's Agent in 2021

    Carlie Back

    Keller Williams Realty East Valley

    (602) 481-5184

    36 in this area

    85 Total Sales

    Section Image

  • D

    Buyer's Agent in 2021

    Dana Lambert

    Endless Ventures

    (520) 709-3390

    18 in this area

    57 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6104488

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-31-032B

Arizona Maricopa County Phoenix 85042 South Mountain

8025 S Sahuaro St, Phoenix, AZ

This home is located at 8025 S Sahuaro St, Phoenix, AZ 85042 since 16 July 2020 and is currently priced at $606,000, approximately $599 per square foot. This property was built in 1951. 8025 S Sahuaro St is a home located in Maricopa County with nearby schools including Cloves C. Campbell, Sr. Elementary School, South Mountain High School, and Phoenix Coding Academy.

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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