Z
Seller's Agent in 2024
Zachary Coty
Compass
(602) 319-1326
5 in this area
23 Total Sales
8108 N 33rd Ave Phoenix, AZ 85051
North Mountain Village NeighborhoodEstimated Value: $680,000 - $800,000
Studio
--
Bath
3,656
Sq Ft
$204/Sq Ft
Est. Value
Highlights
- 8 Car Attached Garage
- Ceramic Tile Flooring
- Individual Controls for Heating
- Cooling Available
About This Home
As of March 2024The Northern Lanai fourplex offers a 7.1% Cap Rate. The unit mix consists of one 3-bedroom/2-bathroom (fully remodeled) and three 2-bedroom/1-bathroom units. The building has a four car garage + more uncovered parking spaces and on-site laundry. Each unit has it's own private patio and is separately metered for electric. Total estimated annual gross income: $71,507.76. Drive-by Only, Do Not Disturb Tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,191
Year Built
- Built in 1974
Lot Details
- 9,017
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Ceramic Tile
- Vinyl
Parking
- 8 Car Attached Garage
- Free Parking
- Automatic Garage Door Opener
Schools
- Cortez High School
Utilities
- Cooling Available
- Individual Controls for Heating
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for water
- Tax Lot 28
- Assessor Parcel Number 150-09-907
Community Details
Overview
- 4 Units
- Building Dimensions are 8998
- Northern Lanai Unit One Subdivision
Building Details
- Operating Expense $15,415
- Gross Income $71,496
- Net Operating Income $56,081
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2024
Closed on
Mar 15, 2024
Sold by
Playa De Negro Properties Llc
Bought by
Monte Properties Llc
Seller's Agent
Zachary Coty
Compass
Buyer's Agent
Ismeta Hajric
HomeSmart
List Price
$785,000
Sold Price
$760,000
Premium/Discount to List
-$25,000
-3.18%
Views
10
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
-$13,521
Avg. Annual Appreciation
-0.97%
Purchase Details
Listed on
May 10, 2019
Closed on
May 8, 2019
Sold by
Spencer Lynn M and Spencer Alison G
Bought by
Playa De Negro Properties Llc
Seller's Agent
John Poyner
Phoenix Property Group
Buyer's Agent
Brandon Edwards
West USA Realty
List Price
$320,000
Sold Price
$320,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.52%
Original Mortgage
$250,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Aug 25, 2014
Closed on
Mar 5, 2015
Sold by
De La Torre Properties Llc
Bought by
Spencer Lynn M and Spencer Alison G
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jamison Briley
Real Estate Brokers of Arizona
List Price
$229,000
Sold Price
$217,000
Premium/Discount to List
-$12,000
-5.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$162,750
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 20, 2008
Sold by
Vazquez Martin D
Bought by
De La Torre Properties Llc
Purchase Details
Closed on
Feb 8, 2008
Sold by
De La Torre Properties Llc
Bought by
Vazquez Martin D
Purchase Details
Closed on
Jul 1, 2005
Sold by
Vazquez Martin
Bought by
De La Torre Properties Llc
Purchase Details
Closed on
Apr 6, 2005
Sold by
K Muller Property #8 Llc
Bought by
Vazquez Martin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
1.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 2, 2004
Sold by
Muller Karen
Bought by
K Muller Property Number Eight Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 11, 2004
Sold by
Gima Ketan and Pandya Rachna B
Bought by
Muller Karen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 23, 2003
Sold by
Gima Dawn A
Bought by
Gima Lincoln M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,800
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 17, 2001
Sold by
Indries Petru P and Indries Adina
Bought by
Shamoon Azet and Aziz Nabat
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2000
Sold by
Indries Patrick P
Bought by
Indries Patrick P and Indries Adina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.84%
Purchase Details
Closed on
Sep 10, 1997
Sold by
Panas Steve
Bought by
Indries Petru P and Indries Adina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,300
Interest Rate
10%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 13, 1996
Sold by
Cordova Doris C and Cordova Doris Carmen
Bought by
Panas Steve
Purchase Details
Closed on
Aug 9, 1996
Sold by
Panas Tammy
Bought by
Panas Steve
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 |
|---|---|---|---|
| Monte Properties Llc | $760,000 | Navi Title Agency | |
| Playa De Negro Properties Llc | $320,000 | Chicago Title Agency Inc | |
| Spencer Lynn M | $217,000 | Chicago Title Agency | |
| De La Torre Properties Llc | -- | None Available | |
| Vazquez Martin D | -- | First American Title Ins Co | |
| De La Torre Properties Llc | $350,000 | -- | |
| Vazquez Martin | $350,000 | Tsa Title Agency | |
| K Muller Property Number Eight Llc | -- | Capital Title Agency Inc | |
| Muller Karen | $280,000 | Capital Title Agency Inc | |
| Gima Lincoln M | -- | Security Title Agency | |
| Pandya Gima | $262,000 | Security Title Agency | |
| Shamoon Azet | $225,000 | First American Title | |
| Indries Patrick P | -- | Capital Title Agency | |
| Indries Patrick P | -- | Capital Title Agency Inc | |
| Indries Petru P | $147,000 | Capital Title Agency | |
| Panas Steve | $135,000 | Stewart Title & Trust | |
| Panas Steve | -- | Stewart Title & Trust |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Playa De Negro Properties Llc | $250,000 | |
| Previous Owner | Spencer Lynn M | $162,750 | |
| Previous Owner | Vazquez Martin | $280,000 | |
| Previous Owner | Muller Karen | $196,000 | |
| Previous Owner | Pandya Gima | $235,800 | |
| Previous Owner | Shamoon Azet | $180,000 | |
| Previous Owner | Indries Patrick P | $147,000 | |
| Previous Owner | Indries Petru P | $132,300 | |
| Closed | Muller Karen | $56,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $760,000 | -3.2% | $208 / Sq Ft | |
| 02/24/2024 02/24/24 | Pending | -- | -- | -- | |
| 02/19/2024 02/19/24 | For Sale | $785,000 | +145.3% | $215 / Sq Ft | |
| 05/10/2019 05/10/19 | Sold | $320,000 | 0.0% | $88 / Sq Ft | View Prior Sale |
| 05/10/2019 05/10/19 | Pending | -- | -- | -- | |
| 05/10/2019 05/10/19 | For Sale | $320,000 | +47.5% | $88 / Sq Ft | |
| 03/31/2015 03/31/15 | Sold | $217,000 | -5.2% | $59 / Sq Ft | View Prior Sale |
| 01/22/2015 01/22/15 | Pending | -- | -- | -- | |
| 08/25/2014 08/25/14 | For Sale | $229,000 | -- | $63 / 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 | $2,319 | $18,249 | -- | -- |
| 2024 | $2,191 | $17,380 | -- | -- |
| 2023 | $2,191 | $43,050 | $8,610 | $34,440 |
| 2022 | $2,120 | $31,110 | $6,220 | $24,890 |
| 2021 | $2,147 | $29,480 | $5,890 | $23,590 |
| 2020 | $2,094 | $28,050 | $5,610 | $22,440 |
| 2019 | $2,055 | $23,230 | $4,640 | $18,590 |
| 2018 | $2,002 | $21,120 | $4,220 | $16,900 |
| 2017 | $1,991 | $18,320 | $3,660 | $14,660 |
| 2016 | $1,955 | $16,420 | $3,280 | $13,140 |
| 2015 | $1,811 | $16,460 | $3,290 | $13,170 |
Source: Public Records
Agents Affiliated with this Home
-
Zachary Coty
-
Ismeta Hajric
I
Buyer's Agent in 2024
Ismeta Hajric
HomeSmart
(480) 980-8789
1 in this area
3 Total Sales
-
John Poyner
J
Seller's Agent in 2019
John Poyner
Phoenix Property Group
(623) 451-4209
1 in this area
160 Total Sales
-
Brandon Edwards
Buyer's Agent in 2019
Brandon Edwards
West USA Realty
(480) 215-7806
4 in this area
95 Total Sales
-
L
Seller's Agent in 2015
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
-
L
Seller Co-Listing Agent in 2015
Lois Kaipainen
Income Property Shop
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6666026
APN: 150-09-907
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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