807 E Fairmount Ave Phoenix, AZ 85014
--
Bed
--
Bath
--
Sq Ft
6,098
Sq Ft Lot
Highlights
- Evaporated cooling system
- Carpet
- No Heating
- Phoenix Coding Academy Rated A
About This Home
As of June 2020Good rental area, surrounded by new builds. Full occupancy with long-term tenants. Appliances included: 3 fridges, 7 window ac units, 2 gas stoves, 1 electric stove, 1 washer no dryer, 2 water heaters and a small shed in the yard. Duplex has 2 units 1 bed 0.75 bath each; rented for 425/Mo each. Main house has 3 bd 1 bath is rented for 800/Mo
Rent was not increased since January 2016
Last Agent to Sell the Property
REALTY ONE GROUP AZ License #SA526504000 Listed on: 06/12/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $828
Year Built
- Built in 1927
Home Design
- Wood Frame Construction
- Composition Roof
Flooring
- Carpet
- Vinyl
Parking
- 2 Parking Spaces
- 1 Covered Space
- On-Street Parking
Utilities
- Evaporated cooling system
- Cooling System Mounted To A Wall/Window
- No Heating
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for gas, trash collection, water, sewer
- Legal Lot and Block 6 / 2
- Assessor Parcel Number 118-05-018
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 6200
- Stacy Tract Subdivision
Building Details
- Operating Expense $11,273
- Gross Income $19,800
- Net Operating Income $12,518
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 20, 2022
Sold by
Michelle Crochet
Bought by
Sbmk Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,500
Outstanding Balance
$446,325
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$7,655
Purchase Details
Listed on
Jun 12, 2020
Closed on
Jun 25, 2020
Sold by
Crochet Gerren and Crochet Michelle
Bought by
Crochet Michelle
Seller's Agent
Elena Coulter
REALTY ONE GROUP AZ
Buyer's Agent
Eric Lambert
Versatile Properties
List Price
$255,000
Sold Price
$215,000
Premium/Discount to List
-$40,000
-15.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.99%
Purchase Details
Listed on
Jun 12, 2020
Closed on
Jun 24, 2020
Sold by
Koksharow Anton
Bought by
Crochet Michelle and Leach Kristi
Seller's Agent
Elena Coulter
REALTY ONE GROUP AZ
Buyer's Agent
Eric Lambert
Versatile Properties
List Price
$255,000
Sold Price
$215,000
Premium/Discount to List
-$40,000
-15.69%
Purchase Details
Closed on
May 14, 2013
Sold by
Coulter Mark C
Bought by
Koksharov Anton
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
3.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 7, 2004
Sold by
Bridge Bulder One Llc
Bought by
Coulter Mark C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,937
Interest Rate
5.99%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 15, 2002
Sold by
Schaefer Richard J and Schaefer Ramona L
Bought by
Bridge Builder One Llc
Purchase Details
Closed on
Jun 2, 2000
Sold by
Kissling Nadine Wise and Wise David L
Bought by
Schaefer Richard J and Schaefer Ramona L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.27%
Mortgage Type
Seller Take Back
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Liberty Title | |
| Interfamily Deed Transfer | -- | Landmark Ttl Assurance Agcy | |
| Interfamily Deed Transfer | -- | Landmark Ttl Assurance Agcy | |
| Warranty Deed | $215,000 | Landmark Ttl Assurance Agcy | |
| Warranty Deed | $98,000 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $125,250 | Old Republic Title Agency | |
| Gift Deed | -- | -- | |
| Warranty Deed | $75,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $469,500 | New Conventional | |
| Previous Owner | $78,400 | Commercial | |
| Previous Owner | $93,937 | Commercial | |
| Previous Owner | $65,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | For Sale | $535,000 | +148.8% | $356 / Sq Ft |
| 06/29/2020 06/29/20 | Sold | $215,000 | -15.7% | -- |
| 06/12/2020 06/12/20 | Pending | -- | -- | -- |
| 06/11/2020 06/11/20 | For Sale | $255,000 | -- | -- |
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 | $2,742 | $21,850 | -- | -- |
| 2024 | $2,649 | $20,810 | -- | -- |
| 2023 | $2,649 | $34,770 | $6,950 | $27,820 |
| 2022 | $873 | $20,700 | $4,140 | $16,560 |
| 2021 | $888 | $17,360 | $3,470 | $13,890 |
| 2020 | $866 | $14,130 | $2,820 | $11,310 |
| 2019 | $828 | $13,710 | $2,740 | $10,970 |
| 2018 | $801 | $11,020 | $2,200 | $8,820 |
| 2017 | $735 | $9,830 | $1,960 | $7,870 |
| 2016 | $709 | $7,120 | $1,420 | $5,700 |
| 2015 | $659 | $5,900 | $1,180 | $4,720 |
Source: Public Records
Agents Affiliated with this Home
-
Molly Rodham
Seller's Agent in 2025
Molly Rodham
Compass
(602) 748-7289
152 Total Sales
-
Shannon Conroy
Seller Co-Listing Agent in 2025
Shannon Conroy
Compass
(206) 719-9003
5 Total Sales
-
Elena Coulter
E
Seller's Agent in 2020
Elena Coulter
REALTY ONE GROUP AZ
(602) 206-5976
10 Total Sales
-
Eric Lambert
E
Buyer's Agent in 2020
Eric Lambert
Versatile Properties
(602) 687-9933
55 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6089447
APN: 118-05-018
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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