Seller's Agent in 2022
Collin Corsmeier
HomeSmart
(612) 770-1717
1 in this area
5 Total Sales
813 E Marlette Ave Phoenix, AZ 85014
Camelback East Village Neighborhood
3
Beds
2
Baths
1,200
Sq Ft
1962
Built
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Heating Available
About This Home
As of June 2022Location, Location, Location!
813 Marlette Apartments sits directly in the middle of Uptown Phoenix just off the famed 7th Street Corridor and Restaurant Row. Situated on a quiet street still minutes away from great restaurants, Uptown Plaza, and easy freeway access points to SR51 and I-10.
The property has 14 units. Including (13) 2/2 units, and (1) is a 1/1 unit. It received a full remodel in 2020 with popular modern finishes. All the units include an in-suite washer and dryer. Several units have large outdoor backyards. The property has a new roof, windows, doors, security system, and more. The property has low maintenance desert-scape and a nice courtyard. Each unit is individually metered.
This is a rare and excellent investment in an A location that you don't want to miss!
Last Agent to Sell the Property
HomeSmart License #SA694454000 Listed on: 04/07/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,669
Year Built
- Built in 1962
Home Design
- Block Exterior
Utilities
- Cooling Available
- Heating Available
- Separate Meters
- Master Water Meter
Listing and Financial Details
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 37
- Assessor Parcel Number 161-15-035-F
Community Details
Overview
- 14 Units
- Building Dimensions are 146x122
- Orange Heights Lots 44, 45 & Tr A Subdivision
Building Details
- Operating Expense $45,340
- Gross Income $306,016
- Net Operating Income $261,227
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 17, 2023
Sold by
Bought by
Purchase Details
Listed on
Apr 7, 2022
Closed on
Jun 20, 2022
Sold by
Bought by
Seller's Agent
Collin Corsmeier
HomeSmart
Buyer's Agent
Craig Mernitz
RE/MAX Fine Properties
List Price
$5,495,990
Sold Price
$5,115,000
Premium/Discount to List
-$380,990
-6.93%
Purchase Details
Listed on
Dec 11, 2020
Closed on
Apr 14, 2021
Sold by
Bought by
Seller's Agent
John Klocek
ABI Multifamily
Buyer's Agent
Collin Corsmeier
HomeSmart
List Price
$3,750,000
Sold Price
$3,562,000
Premium/Discount to List
-$188,000
-5.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.89%
Original Mortgage
$2,250,000
Interest Rate
0.03%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 2, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
0.048%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 14, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,710
Interest Rate
0.0423%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 20, 2010
Sold by
Bought by
Purchase Details
Closed on
Jun 16, 2010
Sold by
Bought by
Purchase Details
Closed on
Nov 5, 2007
Sold by
Bought by
Purchase Details
Closed on
May 13, 2005
Sold by
Bought by
Purchase Details
Closed on
Apr 8, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
0.0775%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 25, 1997
Sold by
Bought by
Purchase Details
Closed on
Sep 12, 1994
Sold by
Bought by
Purchase Details
Closed on
Sep 1, 1994
Sold by
Bought by
Purchase Details
Closed on
Aug 30, 1994
Sold by
Bought by
Purchase Details
Closed on
Nov 12, 1981
Sold by
Bought by
Purchase Details
Closed on
Mar 6, 1973
Sold by
Bought by
Purchase Details
Closed on
Mar 23, 1972
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| $5,115,000 | Fidelity National Title | ||
| $3,562,000 | Stewart Ttl & Tr Of Phoenix | ||
| $1,600,000 | Stewart Title & Trust Of Pho | ||
| $840,000 | Chicago Title Agency Inc | ||
| $430,000 | Fidelity Natl Title Ins Co | ||
| $392,000 | None Available | ||
| -- | None Available | ||
| -- | -- | ||
| $465,000 | Old Republic Title Agency | ||
| $330,000 | Capital Title Agency | ||
| $110,000 | Capital Title Agency | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | Chicago Title Insurance Co | ||
| -- | Stewart Title & Trust | ||
| -- | Old Republic Title Agency |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,250,000 | ||
| Previous Owner | $1,350,000 | ||
| Previous Owner | $526,710 | ||
| Previous Owner | $325,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/24/2022 06/24/22 | Sold | $5,115,000 | -6.9% | $4,263 / Sq Ft | |
| 05/12/2022 05/12/22 | Pending | -- | -- | -- | |
| 04/06/2022 04/06/22 | For Sale | $5,495,990 | +54.3% | $4,580 / Sq Ft | |
| 04/20/2021 04/20/21 | Sold | $3,562,000 | -5.0% | $2,968 / Sq Ft | View Prior Sale |
| 04/17/2021 04/17/21 | Price Changed | $3,750,000 | 0.0% | $3,125 / Sq Ft | |
| 02/12/2021 02/12/21 | Pending | -- | -- | -- | |
| 12/11/2020 12/11/20 | For Sale | $3,750,000 | -- | $3,125 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,548 | $73,291 | ||
| 2024 | $8,859 | $69,801 | ||
| 2023 | $8,859 | $223,450 | $44,690 | $178,760 |
| 2022 | $8,595 | $176,120 | $35,220 | $140,900 |
| 2021 | $8,669 | $145,170 | $29,030 | $116,140 |
| 2020 | $8,534 | $107,930 | $21,580 | $86,350 |
| 2019 | $8,346 | $98,810 | $19,760 | $79,050 |
| 2018 | $8,142 | $89,280 | $17,850 | $71,430 |
| 2017 | $7,758 | $79,980 | $15,990 | $63,990 |
| 2016 | $7,490 | $67,930 | $13,580 | $54,350 |
| 2015 | $6,957 | $68,460 | $13,690 | $54,770 |
Source: Public Records
Agents Affiliated with this Home
-
Collin Corsmeier
-
Craig Mernitz
Buyer's Agent in 2022
Craig Mernitz
RE/MAX
(602) 739-2385
1 in this area
42 Total Sales
-
Leslie McDonnell
Buyer Co-Listing Agent in 2022
Leslie McDonnell
RE/MAX
(602) 510-5991
7 in this area
44 Total Sales
-
John Klocek
Seller's Agent in 2021
John Klocek
ABI Multifamily
(602) 639-0088
8 in this area
19 Total Sales
-
Patrick Burch
Seller Co-Listing Agent in 2021
Patrick Burch
ABI Multifamily
(520) 603-1768
10 in this area
29 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6379688
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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