NOT LISTED FOR SALE

8112 N 33rd Dr Phoenix, AZ 85051

North Mountain Village Neighborhood

Estimated Value: $684,983 - $780,000

9 Beds
-- Bath
3,656 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 16, 2023

Last sale price $630,000 $172 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,112/month

105 Days on Market

About This Home

As of February 2023

Charming 4 - plex in the well sought-after community of Northern Lanai. Building boasts spacious floorplans, garage parking and onsite shared laundry. With adequate parking, large apartment homes and generous landscape throughout, this building has always provided stable rent income. Call to discuss your next investment today!

Last Agent to Sell the Property

Andrew Thruston

P.J. Hussey & Associates, Inc License #BR549524000 Listed on: 10/10/2022

Co-Listed By

Ashley Everts

P.J. Hussey & Associates, Inc License #BR637677000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,132

Year Built

  • Built in 1974

Lot Details

  • 8,538

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 29
  • Assessor Parcel Number 150-09-896

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8554
  • Northern Lanai Unit 1 Subdivision

Building Details

  • Operating Expense $3,692
  • Gross Income $46,630
  • Net Operating Income $35,035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,132

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 35th Ave. & Northern
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1974
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: huss01
  • Co List Office Phone: 623-930-7700
  • Subdivision Name: NORTHERN LANAI UNIT 1
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Garage Details: Yes
  • Parking:Street Parking: 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: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 8554
  • Additional Parcels: No
  • Parcel #: 150-09-896

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 46629.8
  • Property Net Operating Income: 35035.0
  • Annual Operating Expense: 3692.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2132.0
  • Tax Book Number: 150.00
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Feb 17, 2023
Sold by
Lake 8112 Llc
Bought by
Quintero Javier and Medrano Luz
Seller's Agent
Andrew Thruston
P.J. Hussey & Associates, Inc
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$785,000
Sold Price
$630,000
Premium/Discount to List
-$155,000
-19.75%
Views
229
Current Estimated Value
$748,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,246
Avg. Annual Appreciation
6.24%
Original Mortgage
$472,500
Outstanding Balance
$458,072
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$290,174

Purchase Details

Closed on
Apr 3, 2012
Sold by
Cochran Kathleen S
Bought by
Lake 8112 Llc

Purchase Details

Closed on
Dec 21, 2011
Sold by
Cochran Charles E
Bought by
Cochran Kathleen S

Purchase Details

Closed on
Dec 14, 2011
Sold by
Reyes Eric J and Reyes Eric Jovani
Bought by
Cochran Kathleen S

Purchase Details

Closed on
Aug 11, 2005
Sold by
Clifton James M and Clifton Diane G
Bought by
Reyes Eric Jovani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.28%
Mortgage Type
Balloon

Purchase Details

Closed on
May 19, 2003
Sold by
Watson Joel A
Bought by
Clifton James M and Clifton Diane G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,175
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 1999
Sold by
Inman Thomas D and Inman Marcia L
Bought by
Watson Joel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 1997
Sold by
Holte Wayne D and Holte Grace A
Bought by
Inman Thomas D and Inman Marcia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.83%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quintero Javier $630,000 Old Republic Title Agency
Lake 8112 Llc -- Lawyers Title Of Arizona Inc
Cochran Kathleen S -- Stewart Title & Trust Of Pho
Cochran Kathleen S $115,000 Stewart Title & Trust Of Pho
Reyes Eric Jovani $375,000 Title Security Agency Of Az
Clifton James M $258,900 Lawyers Title Insurance Corp
Watson Joel A $205,000 Security Title Agency
Inman Thomas D $145,000 Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quintero Javier $472,500
Previous Owner Reyes Eric Jovani $300,000
Previous Owner Clifton James M $194,175
Previous Owner Watson Joel A $184,500
Previous Owner Inman Thomas D $100,000
Closed Reyes Eric Jovani $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2023 02/16/23 Sold $630,000 -2.9% $172 / Sq Ft
01/20/2023 01/20/23 Price Changed $649,000 -1.7% $178 / Sq Ft
12/07/2022 12/07/22 Price Changed $660,000 -8.0% $181 / Sq Ft
11/23/2022 11/23/22 Price Changed $717,500 -2.4% $196 / Sq Ft
11/07/2022 11/07/22 Price Changed $735,000 -3.3% $201 / Sq Ft
10/24/2022 10/24/22 Price Changed $760,000 -3.2% $208 / Sq Ft
10/10/2022 10/10/22 For Sale $785,000 -- $215 / 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 $2,302 $18,118 -- --
2024 $2,176 $17,255 -- --
2023 $2,176 $42,810 $8,560 $34,250
2022 $2,105 $30,930 $6,180 $24,750
2021 $2,132 $29,270 $5,850 $23,420
2020 $2,079 $27,850 $5,570 $22,280
2019 $2,041 $23,120 $4,620 $18,500
2018 $1,987 $21,030 $4,200 $16,830
2017 $1,977 $18,250 $3,650 $14,600
2016 $1,941 $16,330 $3,260 $13,070
2015 $1,798 $16,400 $3,280 $13,120
Source: Public Records

Agents Affiliated with this Home

  • Andrew Thruston

    Seller's Agent in 2023

    Andrew Thruston

    P.J. Hussey & Associates, Inc

    (623) 628-5513

    4 in this area

    46 Total Sales

    Andrew Thruston
    Section Image

  • A

    Seller Co-Listing Agent in 2023

    Ashley Everts

    P.J. Hussey & Associates, Inc

  • N

    Buyer's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6475355

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-09-896

Arizona Maricopa County Phoenix 85051 North Mountain Village

8112 N 33rd Dr, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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