NOT LISTED FOR SALE

809 N 9th Ave Phoenix, AZ 85007

Central City Neighborhood

Estimated Value: $471,000 - $536,919

-- Bed
5 Baths
650 Sq Ft
$776/Sq Ft Est. Value

Last Sold March 28, 2013

Last sale price $173,000 $266 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $2,820/month

29 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 3-minute walk to Hu-O-Te Mini Park
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of March 2013

Very unique! City of Phoenix Rehabilitation Program resulted in over $212,000 in improvements in 2004!

Looks like a house from the front! Began as a house in 1923, then divided into 3 units (Individual entrances on North, South and East). In 1963 duplex with same roof line added 2 units facing East.

5 - 1bedroom/1bath units
Approximate rents $500/unit
Approxomate utilities $125/mo

2 very long-term tenants. Currently 3 occupied.

Appliances convey but not warranted.

Last Agent to Sell the Property

Pam BobbieMorgensternREllc

Bobbie Morgenstern Real Estate License #BR537114000 Listed on: 01/16/2013

Last Buyer's Agent

Pam BobbieMorgensternREllc

Bobbie Morgenstern Real Estate License #BR537114000 Listed on: 01/16/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $721

Year Built

  • Built in 2004

Lot Details

  • 6,708

Home Design

  • Composition Roof
  • Stucco

Flooring

  • Wood Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 19
  • Assessor Parcel Number 111-29-043

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Building Dimensions are unknown
  • Kensington Place Subdivision

Building Details

  • Operating Expense $2,221
  • Gross Income $30,000
  • Net Operating Income $28,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$721

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: 9th Avenue & Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R5
  • Number Of Buildings: 2
  • Year Built: 2004
  • Tax Year: 2012
  • Directions: Building is South of Roosevelt on East side of 9th Ave.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: bmsr01
  • Co List Office Phone: 602-361-7058
  • Subdivision Name: Kensington Place
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Construction Type: Painted, Stucco, Other, See Remarks
  • Roof: Composition
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: Yes
  • Exterior Amenities:RVBoat Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Individual, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 900.0

Lot Info

  • Lot Size: unknown
  • Additional Parcels: No
  • Parcel #: 111-29-043

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 5
  • Electric Expense: 600.0
  • Annual Gross Income: 30000.0
  • Property Net Operating Income: 28500.0
  • Annual Operating Expense: 2221.0

Tax Info

  • Tax Annual Amount: 721.0
  • Tax Book Number: 111.00
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2013
Closed on
Mar 12, 2013
Sold by
Schuster Ralph S and Schuster Gert
Bought by
Well Mitch Honey
Seller's Agent
Pam BobbieMorgensternREllc
Bobbie Morgenstern Real Estate
Buyer's Agent
Pam BobbieMorgensternREllc
Bobbie Morgenstern Real Estate
List Price
$178,000
Sold Price
$173,000
Premium/Discount to List
-$5,000
-2.81%
Current Estimated Value
$504,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,230
Avg. Annual Appreciation
9.39%

Purchase Details

Closed on
Nov 6, 2012
Sold by
Fox Norman and Fox Norman E
Bought by
Schuster Ralph S and Schuster Gert H

Purchase Details

Closed on
Aug 29, 2003
Sold by
Schuster Ralph S and Schuster Ger
Bought by
Fox Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,066
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 2002
Sold by
Ps Group Inc
Bought by
Schuster Ralph S and Schuster Gert

Purchase Details

Closed on
Aug 25, 1998
Sold by
Ellett Karen J
Bought by
Karma Investments Llp

Purchase Details

Closed on
Aug 24, 1998
Sold by
Karma Investments Llp
Bought by
Ps Group Inc

Purchase Details

Closed on
Feb 17, 1998
Sold by
Dolan Mike and Ellett Ron
Bought by
Karma Investments Llp

Purchase Details

Closed on
Feb 13, 1997
Sold by
Longenecker David
Bought by
Dolan Mike and Ellett Ron

Purchase Details

Closed on
Jan 28, 1997
Sold by
Neff Martha E and Hansen Nels L
Bought by
Longenecker David
Source: Public Records

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
Well Mitch Honey $173,000 Grand Canyon Title Agency In
Schuster Ralph S -- Grand Canyon Title Agency In
Fox Norman $90,000 Security Title Agency
Schuster Ralph S $68,000 Security Title Agency
Karma Investments Llp -- Security Title Agency
Karma Investments Llp -- Security Title Agency
Ps Group Inc $31,310 Security Title Agency
Karma Investments Llp -- --
Dolan Mike $30,700 Security Title
Longenecker David $16,500 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fox Norman $100,000
Previous Owner Fox Norman E $90,000
Previous Owner Fox Norman $195,066
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2013 03/28/13 Sold $173,000 -2.8% $266 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $178,000 -- $274 / 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 $935 $6,991 -- --
2024 $926 $6,658 -- --
2023 $926 $40,850 $8,170 $32,680
2022 $893 $28,570 $5,710 $22,860
2021 $886 $24,530 $4,900 $19,630
2020 $897 $24,850 $4,970 $19,880
2019 $895 $20,520 $4,100 $16,420
2018 $880 $14,330 $2,860 $11,470
2017 $859 $15,280 $3,050 $12,230
2016 $835 $14,270 $2,850 $11,420
2015 $772 $11,910 $2,380 $9,530
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Pam BobbieMorgensternREllc

    Bobbie Morgenstern Real Estate

    (602) 361-7058

    22 Total Sales

    Pam BobbieMorgensternREllc
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4875422

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-29-043

Arizona Maricopa County Phoenix 85007 Central City

809 N 9th Ave, Phoenix, AZ

This home is located at 809 N 9th Ave, Phoenix, AZ 85007 since 16 January 2013 and is currently estimated at $504,230, approximately $775 per square foot. This property was built in 2004. 809 N 9th Ave is a home located in Maricopa County with nearby schools including Kenilworth Elementary School, Phoenix Coding Academy, and Central 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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