NOT LISTED FOR SALE

8811 N 3rd St Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $374,403 - $525,000

-- Bed
-- Bath
1,416 Sq Ft
$311/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $175,000 $124 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,456/month

20 Days on Market

Highlights

  • Evaporated cooling system
  • Ceiling Fan
  • 3-minute walk to Palma Park
  • Sunnyslope High School Rated A
  • Multiple Heating Units

About This Home

As of November 2018

Tile Floor, Vinyl Only in Kitchen, Fridge & Stove Incl. Both units have a similar layout. Evap cooling plus wall/window AC units in living areas. Refrigerators are included and home has washer dryer hookups. Both units have tenants that are on month to month leases. This is a great investment opportunity!

Last Agent to Sell the Property

Kaukaha Watanabe

eXp Realty License #SA584368000 Listed on: 09/29/2018

eXp Realty

Co-Listed By

Jaime Dominguez

Realty ONE Group License #SA658922000

Last Buyer's Agent

Cecilia Mulroy

My Home Group Real Estate License #BR647070000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $603

Year Built

  • Built in 1956

Lot Details

  • 6,098

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Washington Elementary School - Mesa
  • Shadow Mountain High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Multiple Heating Units
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 160-49-014

Community Details

Overview

  • 2 Units
  • Building Dimensions are irregular
  • Townley Square Subdivision

Building Details

  • Operating Expense $5,549
  • Gross Income $13,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$603

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: Alice / 3rd St.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Year Built: 1956
  • Tax Year: 2018
  • Directions: Central Ave/Dunlap Ave , South on 3rd St, follow to address.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: xpre08
  • Co List Office Phone: 888-897-7821
  • Subdivision Name: TOWNLEY SQUARE
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling, Wall/Window Unit(s), Ceiling Fan(s)
  • Heating: 2 or More Units, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:_two_ or More Units3: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Trash Expense: 2700.0

Schools

  • Elementary School: Washington Elementary School - Mesa
  • High School: Shadow Mountain High School

Lot Info

  • Lot Size: irregular
  • Additional Parcels: No
  • Parcel #: 160-49-014

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 13000.0
  • Insurance Expense: 746.0
  • Maintenance Expense: 1500.0
  • Annual Operating Expense: 5549.14

Tax Info

  • Tax Annual Amount: 603.14
  • Tax Book Number: 160.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2018
Closed on
Oct 26, 2018
Sold by
Arnoldt Arthur and Arnoldt Carmela
Bought by
Munoz Javier
Seller's Agent
Kaukaha Watanabe
eXp Realty
Buyer's Agent
Cecilia Mulroy
My Home Group Real Estate
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$440,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,601
Avg. Annual Appreciation
14.57%
Original Mortgage
$131,250
Outstanding Balance
$83,368
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$357,233

Purchase Details

Closed on
Dec 21, 1998
Sold by
Arnoldt Arthur and Arnoldt Carmela
Bought by
Arnoldt Arthur and Arnoldt Carmela
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
Munoz Javier $175,000 Lawyers Title Of Arizona Inc
Arnoldt Arthur -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Javier $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2018 11/14/18 Sold $175,000 -2.8% $124 / Sq Ft
09/28/2018 09/28/18 For Sale $180,000 -- $127 / 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 $672 $5,499 -- --
2024 $660 $5,237 -- --
2023 $660 $22,460 $4,490 $17,970
2022 $639 $15,410 $3,080 $12,330
2021 $647 $12,760 $2,550 $10,210
2020 $631 $11,180 $2,230 $8,950
2019 $619 $10,280 $2,050 $8,230
2018 $603 $7,870 $1,570 $6,300
2017 $600 $6,670 $1,330 $5,340
2016 $589 $5,850 $1,170 $4,680
2015 $546 $4,970 $990 $3,980
Source: Public Records

Agents Affiliated with this Home

  • Kaukaha Watanabe

    Seller's Agent in 2018

    Kaukaha Watanabe

    eXp Realty

    (520) 352-9005

    1,286 Total Sales

    Kaukaha Watanabe
    Section Image
  • Jaime Dominguez

    Seller Co-Listing Agent in 2018

    Jaime Dominguez

    Realty One Group

    (520) 331-2507

    2 in this area

    99 Total Sales

    Jaime Dominguez
    Section Image

  • C

    Buyer's Agent in 2018

    Cecilia Mulroy

    My Home Group

    (480) 685-2760

    1 in this area

    43 Total Sales

    Cecilia Mulroy
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5826536

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-49-014

Arizona Maricopa County Phoenix 85020 North Central

8811 N 3rd St, Phoenix, AZ

This home is located at 8811 N 3rd St, Phoenix, AZ 85020 since 29 September 2018 and is currently estimated at $440,601, approximately $311 per square foot. This property was built in 1956. 8811 N 3rd St is a home located in Maricopa County with nearby schools including Desert View Elementary School, Royal Palm Middle School, and Sunnyslope High School.

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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