Seller's Agent in 2024
Paul Bay
Marcus & Millichap
(480) 600-2626
10 in this area
17 Total Sales
822 E Rose Ln Phoenix, AZ 85014
Camelback East Village NeighborhoodEstimated Value: $1,041,114 - $1,057,000
--
Bed
--
Bath
3,120
Sq Ft
$337/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Individual Controls for Heating
- Phoenix Coding Academy Rated A
- Ceiling Fan
About This Home
As of June 2024Advantageously placed just north of the 7th Street and Bethany Home Road intersection and immediately across the street from Madison Traditional Academy, Rose Lane is primely located in the heart of the historic neighborhoods of North Central Phoenix (Uptown). Its nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access to simple passage to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Primely positioned near the Innovation Employment Corridor, which runs down Central Avenue, presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the Innovation and Biltmore Corridors showcase over ±117,000 employees and ±3,300 employers.
Built in 1960, Rose Lane is comprised of 4 units with the entire community's exterior upgraded. Future ownership will have the enticing opportunity to capitalize on 100% of the units primed for an elevated upgrade package resulting in an expected premium of ±$200 per month already proven in the immediate submarket.
Last Agent to Sell the Property
Marcus & Millichap License #SA671037000 Listed on: 02/29/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,371
Year Built
- Built in 1960
Lot Details
- 0.29
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Interior Spaces
- Ceiling Fan
Flooring
- Ceramic Tile
- Vinyl
Parking
- 8 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
- On-Street Parking
Utilities
- Cooling Available
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for gas, trash collection, water, sewer, landscaping
- Assessor Parcel Number 161-15-068-G
Community Details
Overview
- 4 Units
- Building Dimensions are 0.29
Building Details
- Operating Expense $21,727
- Gross Income $81,728
- Net Operating Income $59,330
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 29, 2024
Closed on
Jun 27, 2024
Sold by
Urbana On Rose Llc
Bought by
Tocora Daniel and Rios Valeria
Seller's Agent
Paul Bay
Marcus & Millichap
Buyer's Agent
Harvey Hill
West USA Realty
List Price
$1,050,000
Sold Price
$1,050,000
Views
42
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
$29
Avg. Annual Appreciation
2.02%
Original Mortgage
$997,500
Outstanding Balance
$986,533
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$89,032
Purchase Details
Closed on
Apr 18, 2022
Sold by
Gary And Christine Latronico Trust
Bought by
Urbana On Rose Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,390,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 11, 2022
Sold by
Gary And Christine Latronico Trust
Bought by
Urbana On Rose Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,390,000
Interest Rate
3.75%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Tocora Daniel | $1,050,000 | American Title Services | |
| Urbana On Rose Llc | $6,548,400 | American Title Services | |
| Urbana On Rose Llc | $6,548,400 | American Title Services |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tocora Daniel | $997,500 | |
| Previous Owner | Urbana On Rose Llc | $5,390,000 | |
| Previous Owner | Urbana On Rose Llc | $5,390,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $1,050,000 | 0.0% | $337 / Sq Ft |
| 02/29/2024 02/29/24 | For Sale | $1,050,000 | -- | $337 / 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 | $2,436 | $19,618 | -- | -- |
| 2024 | $2,371 | $18,684 | -- | -- |
| 2023 | $2,371 | $63,180 | $12,630 | $50,550 |
| 2022 | $2,301 | $49,300 | $9,860 | $39,440 |
| 2021 | $2,321 | $43,120 | $8,620 | $34,500 |
| 2020 | $2,284 | $36,070 | $7,210 | $28,860 |
| 2019 | $2,234 | $30,730 | $6,140 | $24,590 |
| 2018 | $2,179 | $27,710 | $5,540 | $22,170 |
| 2017 | $2,077 | $24,150 | $4,830 | $19,320 |
| 2016 | $2,005 | $20,650 | $4,130 | $16,520 |
| 2015 | $1,862 | $15,290 | $3,720 | $11,570 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Bay
-
Harvey Hill
H
Buyer's Agent in 2024
Harvey Hill
West USA Realty
(623) 760-4222
1 in this area
37 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6670257
APN: 161-15-068G
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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