8631 S 1st Ave Phoenix, AZ 85041
South Mountain NeighborhoodEstimated Value: $350,000 - $503,000
--
Bed
1
Bath
1,116
Sq Ft
$377/Sq Ft
Est. Value
Highlights
- Multiple cooling system units
- Concrete Flooring
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
About This Home
As of July 2017No 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
Better Homes & Gardens Real Estate SJ Fowler License #SA550923000 Listed on: 06/14/2017
Last Buyer's Agent
Carmen Estrada
DeLex Realty License #SA531216000
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 4, 2022
Sold by
Solis Orosco Abel
Bought by
Wan Jun
Total Days on Market
9
Current Estimated Value
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
$24,684
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
$24,684
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
11.70%
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
Similar Homes in Phoenix, AZ
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Home Values in the Area
Average Home Value in this Area
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 | Mayer Loretta P | $586,000 | |
| Previous Owner | Shepard Edward Jay | $280,000 | |
| Previous Owner | Shepard Edward Jay | $40,000 | |
| 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
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
18 Total Sales
-
C
Buyer's Agent in 2017
Carmen Estrada
DeLex Realty
(602) 702-0120
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5619606
APN: 300-45-010
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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