NOT LISTED FOR SALE

8631 S 1st Ave Phoenix, AZ 85041

South Mountain Neighborhood

Estimated Value: $355,000 - $491,752

-- Bed
1 Bath
1,116 Sq Ft
$364/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $175,000 $157 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,268/month

9 Days on Market

Highlights

  • Multiple cooling system units
  • Concrete Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of July 2017

No showings. Drive by only* Great triplex with paying tenants. New development all around. Monthly income is $1595.00 Buyer to verify all financials, measurements, zoning and all items of concern prior to close of escrow. Other properties in same area for sale with same owner - Seller will carry - 10yr Carry with 15-20% down

Last Agent to Sell the Property

Michelle Hoogendoorn

Better Homes & Gardens Real Estate SJ Fowler License #SA550923000 Listed on: 06/14/2017

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Carmen Estrada

DeLex Realty License #SA531216000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1909

Lot Details

  • 0.85

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior
  • Stucco
  • Adobe

Flooring

  • Concrete Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Roosevelt Elementary School
  • Phoenix Union Cyber High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water
  • Assessor Parcel Number 300-45-010

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 199 x

Building Details

  • Operating Expense $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,100

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Cross Street: Baseline Road and Central Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: r-3
  • Number Of Buildings: 2
  • Year Built: 1909
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Adobe, Block, Frame - Wood
  • Roof: Built-Up, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Construction:Adobe: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: 2 or More Units, Central A/C, Heat Pump, Electric
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1500.0

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: Phoenix Union Cyber High School

Lot Info

  • Lot Size: 199 x
  • Additional Parcels: No
  • Parcel #: 300-45-010

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Insurance Expense: 1000.0
  • Annual Operating Expense: 3600.0

Tax Info

  • Tax Annual Amount: 1100.0
  • Tax Book Number: 300.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2022
Sold by
Solis Orosco Abel
Bought by
Wan Jun
Current Estimated Value
$406,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Outstanding Balance
$395,756
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$25,470

Purchase Details

Closed on
Mar 28, 2022
Sold by
Solis Orosco Abel
Bought by
Wan Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Outstanding Balance
$395,756
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$25,470

Purchase Details

Closed on
Oct 23, 2020
Sold by
Orosco Abel Solis
Bought by
Orosco Abel Solis and Soliz Martha Orosco

Purchase Details

Closed on
May 9, 2019
Sold by
Solis Abelardo
Bought by
Solis Martha

Purchase Details

Listed on
Jun 14, 2017
Closed on
Jul 3, 2017
Sold by
Kbd & Rr Investments Llc
Bought by
Orosco Abel Solis
Seller's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Carmen Estrada
DeLex Realty
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$131,250
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2015
Sold by
Lynch Mark and Lynch Rocky
Bought by
Kbd&Rr Investments Llc

Purchase Details

Closed on
Mar 13, 2015
Sold by
M & L Southern Hospitality Llc
Bought by
Lynch Mark and Lynch Rocky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2011
Sold by
Shepard Kathleen and Shephard Kay
Bought by
M & L Southern Hospitality Llc

Purchase Details

Closed on
Dec 9, 2004
Sold by
Burkholder Phyllis J and Hamilton Susan B
Bought by
Fitzgerald Glenwood A and Shepard Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Wan Jun $555,000 Driggs Title Agency
Wan Jun $555,000 Driggs Title Agency
Orosco Abel Solis -- Driggs Title Agency Inc
Solis Martha -- Driggs Title Agency Inc
Orosco Abel Solis $175,000 Chicago Title Agency Inc
Kbd&Rr Investments Llc -- None Available
Lynch Mark $102,000 Grand Canyon Title Agency
M & L Southern Hospitality Llc $50,000 Driggs Title Agency Inc
Fitzgerald Glenwood A $310,000 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wan Jun $416,250
Closed Wan Jun $416,250
Previous Owner Orosco Abel Solis $131,250
Previous Owner Lynch Mark $76,500
Previous Owner Fitzgerald Glenwood A $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2017 07/10/17 Sold $175,000 0.0% $157 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $175,000 -- $157 / 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 $1,343 $9,146 -- --
2024 $1,305 $8,710 -- --
2023 $1,305 $29,400 $5,880 $23,520
2022 $1,279 $24,700 $4,940 $19,760
2021 $1,305 $21,610 $4,320 $17,290
2020 $1,289 $18,620 $3,720 $14,900
2019 $1,247 $14,520 $2,900 $11,620
2018 $1,214 $15,170 $3,030 $12,140
2017 $1,157 $11,360 $2,270 $9,090
2016 $1,100 $8,510 $1,700 $6,810
2015 $1,036 $8,620 $1,720 $6,900
Source: Public Records

Agents Affiliated with this Home

  • Michelle Hoogendoorn

    Seller's Agent in 2017

    Michelle Hoogendoorn

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 829-3460

    2 in this area

    16 Total Sales

    Michelle Hoogendoorn
    Section Image

  • C

    Buyer's Agent in 2017

    Carmen Estrada

    DeLex Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5619606

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-45-010

Arizona Maricopa County Phoenix 85041 South Mountain

8631 S 1st Ave, Phoenix, AZ

This home is located at 8631 S 1st Ave, Phoenix, AZ 85041 since 14 June 2017 and is currently estimated at $406,688, approximately $364 per square foot. This property was built in 1909. 8631 S 1st Ave is a home located in Maricopa County with nearby schools including Valley View School, Cesar Chavez High School, and Phoenix Coding Academy.

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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