NOT LISTED FOR SALE

811 E Carol Ave Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $565,230 - $781,000

-- Bed
-- Bath
2,640 Sq Ft
$250/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $350,000 $133 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,545/month

45 Days on Market

Highlights

  • Cooling Available
  • Community Playground
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of June 2019

Here's a great opportunity for an investor to purchase a low maintenance four-plex with an operating cap rate of 6.70, and there is more room to raise rents. The construction is block, roof was replaced in 2011, each unit individually metered for electric & gas, washer & dryer in each unit (two of which are brand new). The courtyard has mature Ash trees providing a relaxing atmosphere with much needed summer shade. The building consists of three one bedroom units and one 2 bedroom unit. Buyer is responsible to verify all facts, figures prior to close of escrow.

Last Agent to Sell the Property

Timothy Redelsperger

Long Realty Uptown License #SA663146000 Listed on: 04/04/2019

Long Realty Uptown

Last Buyer's Agent

Scott Knight

Bliss Realty & Investments License #SA678239000

Bliss Realty & Investments

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,189

Year Built

  • Built in 1981

Lot Details

  • 8,581

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Schools

  • Sunnyslope Elementary School
  • Sunnyslope Elementary High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Block 1011
  • Assessor Parcel Number 159-37-086-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 66X130

Recreation

  • Community Playground

Building Details

  • Operating Expense $6,339
  • Gross Income $31,185
  • Net Operating Income $25,161

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,189

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: 7th ST & Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1981
  • Tax Year: 2018
  • Directions: Off of 7th street go East on Carol Ave, property is located on the South side of the street.
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • 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:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Trash Expense: 400.0
  • Annual Water Sewer Expense: 2100.0

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope Elementary School
  • Middle Or Junior School: Sunnyslope Elementary School

Lot Info

  • Lot Size: 66X130
  • Additional Parcels: No
  • Parcel #: 159-37-086-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 31185.0
  • Insurance Expense: 1150.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 25161.0
  • Annual Operating Expense: 6339.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 1189.0
  • Tax Block: 1011
  • Tax Book Number: 159.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 20, 2019
Sold by
Kellogg Jennifer Sue and Kellogg Donald
Bought by
Kellogg Donald
Seller's Agent
Timothy Redelsperger
Long Realty Uptown
Buyer's Agent
Scott Knight
Bliss Realty & Investments
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$626,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,894
Avg. Annual Appreciation
10.88%
Original Mortgage
$159,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 9, 2012
Closed on
Jan 1, 2013
Sold by
Levine Mark
Bought by
Carol Az Llc
Seller's Agent
Ricardo Ramirez
RE/MAX Professionals
Buyer's Agent
Ken Dallas
Cadaci Realty
List Price
$99,888
Sold Price
$100,100
Premium/Discount to List
$212
0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.85%
Original Mortgage
$45,000
Interest Rate
3.33%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 9, 2012
Closed on
Nov 2, 2012
Sold by
Wirick Stan E and Wirick Diana
Bought by
Levine Mark
Seller's Agent
Ricardo Ramirez
RE/MAX Professionals
Buyer's Agent
Ken Dallas
Cadaci Realty
List Price
$99,888
Sold Price
$100,100
Premium/Discount to List
$212
0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.33%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 9, 2012
Closed on
Mar 14, 2012
Sold by
Dikov Ivan and Dikov Vasselina
Bought by
Wirick Stan E and Wirick Diana
Seller's Agent
Jason Campagna
Orion Investment Real Estate
Buyer's Agent
Ricardo Ramirez
RE/MAX Professionals
List Price
$90,000
Sold Price
$89,000
Premium/Discount to List
-$1,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.18%
Original Mortgage
$66,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2010
Sold by
Dikov Ivan
Bought by
Dikov Vesselina and Dikov Ivan

Purchase Details

Closed on
Jun 12, 2003
Sold by
Dikov Stefan and Dikov Vesselina
Bought by
Dikov Ivan
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
Kellogg Donald -- First American Title Ins Co
Kellogg Donald $350,000 First American Title Ins Co
Carol Az Llc -- None Available
Levine Mark $100,100 First American Title Ins Co
Wirick Stan E $89,000 Stewart Title & Trust Of Pho
Dikov Vesselina -- None Available
Dikov Ivan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kellogg Donald $300,000
Closed Kellogg Donald $159,000
Previous Owner Levine Mark $45,000
Previous Owner Wirick Stan E $66,750
Previous Owner Dikov Stefan $48,527
Previous Owner Dikov Stefan P $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2019 06/25/19 Sold $350,000 -4.1% $133 / Sq Ft
06/12/2019 06/12/19 Price Changed $365,000 0.0% $138 / Sq Ft
05/19/2019 05/19/19 Pending -- -- --
05/14/2019 05/14/19 Price Changed $365,000 -0.7% $138 / Sq Ft
05/08/2019 05/08/19 Price Changed $367,500 -1.3% $139 / Sq Ft
04/23/2019 04/23/19 Price Changed $372,500 -0.7% $141 / Sq Ft
04/15/2019 04/15/19 For Sale $375,000 +7.1% $142 / Sq Ft
04/13/2019 04/13/19 Off Market $350,000 -- --
04/04/2019 04/04/19 For Sale $375,000 +26.3% $142 / Sq Ft
08/07/2017 08/07/17 Sold $297,000 +0.7% $113 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/28/2017 06/28/17 Price Changed $295,000 -4.5% $112 / Sq Ft
06/14/2017 06/14/17 Price Changed $309,000 -3.1% $117 / Sq Ft
05/08/2017 05/08/17 Price Changed $319,000 -0.3% $121 / Sq Ft
04/06/2017 04/06/17 For Sale $320,000 +219.7% $121 / Sq Ft
11/16/2012 11/16/12 Sold $100,100 +0.2% $38 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
10/09/2012 10/09/12 For Sale $99,888 +12.2% $38 / Sq Ft
03/16/2012 03/16/12 Sold $89,000 -1.1% $77 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $90,000 -- $78 / 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 $1,357 $11,096 -- --
2024 $1,332 $10,568 -- --
2023 $1,332 $42,320 $8,460 $33,860
2022 $1,289 $29,850 $5,970 $23,880
2021 $1,306 $24,500 $4,900 $19,600
2020 $1,273 $21,500 $4,300 $17,200
2019 $1,250 $18,780 $3,750 $15,030
2018 $1,217 $15,720 $3,140 $12,580
2017 $1,211 $12,930 $2,580 $10,350
2016 $1,189 $12,250 $2,450 $9,800
2015 $1,101 $10,550 $2,110 $8,440
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Timothy Redelsperger

    Long Realty Uptown

    (602) 899-4640

    17 Total Sales

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  • Scott Knight

    Buyer's Agent in 2019

    Scott Knight

    Bliss Realty & Investments

    (480) 612-1349

    6 Total Sales

    Section Image
  • Linda Gerchick

    Seller's Agent in 2017

    Linda Gerchick

    Gerchick Real Estate

    (602) 688-9279

    6 in this area

    119 Total Sales

    Section Image

  • J

    Seller's Agent in 2012

    Jason Campagna

    Orion Investment Real Estate

  • Ricardo Ramirez

    Seller's Agent in 2012

    Ricardo Ramirez

    RE/MAX

    (602) 615-1836

    1 in this area

    56 Total Sales

    Section Image
  • Brian Gaffney

    Seller Co-Listing Agent in 2012

    Brian Gaffney

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    7 in this area

    25 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5906308

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-37-086A

Arizona Maricopa County Phoenix 85020 North Central

811 E Carol Ave, Phoenix, AZ

This home is located at 811 E Carol Ave, Phoenix, AZ 85020 since 04 April 2019 and is currently estimated at $660,058, approximately $250 per square foot. This property was built in 1981. 811 E Carol Ave is a home located in Maricopa County with nearby schools including Sunnyslope Elementary School, Sunnyslope High School, and SC Jensen Online.

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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