NOT LISTED FOR SALE

913 E Ocotillo Rd Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $728,000 - $1,183,000

3 Beds
-- Bath
2,310 Sq Ft
$433/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $899,000 $389 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,400/month

116 Days on Market

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • Multiple Heating Units
  • Madison Richard Simis School Rated A-
  • Carpet

About This Home

As of December 2021

The Best Triplex location in Town!!! Seller just remodeled 2 bdrm unit and leasing for $1200 Mo. 10/15/21. Beautiful/Lush/Irrigated lot in quiet residential neighborhood*Excellent Madison schools*Close to hundreds of restaurants and shopping*Lots of shade and green grass*Units have been maintained and retained their 50's charm W/Mid
Century modern Iron work*Great long term tenants with under market rents, on mo. to mo.*1 of 3,triplexes in a row,available*Great property for owner occupant*Each unit has front porch and rear patio/yard areas*

Last Agent to Sell the Property

William Matthews

West USA Realty License #SA028647000 Listed on: 07/01/2021

West USA Realty

Last Buyer's Agent

Terry Kass

R.O.I. Properties License #BR503783000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,163

Year Built

  • Built in 1959

Lot Details

  • 10,280

Home Design

  • Tile Roof
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 8 Parking Spaces
  • 3 Covered Spaces
  • Over 1 Space Per Unit
  • Assigned Parking

Schools

  • Madison Elementary School
  • Madison Meadows Middle School
  • Sunnyslope High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for water, sewer, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 161-05-081

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 10288
  • Orangedale Terrace Subdivision

Building Details

  • Operating Expense $5,965
  • Gross Income $25,188
  • Net Operating Income $21,386

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,163

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: Glendale & 7th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2020
  • Directions: 7th St, south of Glendale several blocks to Ocotillo-East to property
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: ORANGEDALE TERRACE
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Built-In Range, Free-Standing Range, Refrigerator, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition, Tile
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Assigned, Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 8.0
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric, Heat Pump, Individual, 2 or More Units
  • Heating: Individual, Heat Pump, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Madison Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: 10288
  • Additional Parcels: No
  • Parcel #: 161-05-081

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Electric Expense: 145.0
  • Annual Gross Income: 25188.0
  • Insurance Expense: 657.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 21386.0
  • Annual Operating Expense: 5965.0

Tax Info

  • Tax Annual Amount: 2163.0
  • Tax Book Number: 161.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Dec 2, 2021
Sold by
Matthew William and Matthew Christina
Bought by
913 Scarlet Shrub Llc
Seller's Agent
William Matthews
West USA Realty
Buyer's Agent
Terry Kass
R.O.I. Properties
List Price
$899,000
Sold Price
$899,000
Total Days on Market
116
Current Estimated Value
$979,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,535
Avg. Annual Appreciation
3.07%
Original Mortgage
$518,610
Outstanding Balance
$482,024
Interest Rate
3.14%
Mortgage Type
Commercial
Estimated Equity
$517,705

Purchase Details

Closed on
Feb 12, 2014
Sold by
Matthews William and Matthews Christina
Bought by
The William & Christina Matthews Family

Purchase Details

Closed on
May 2, 2007
Sold by
Jin Allen Tien Liang
Bought by
Matthews William D and Matthews Christina Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 1997
Sold by
Schmidt Sophie
Bought by
Jin Allen Tien Liang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,900
Interest Rate
7.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 1995
Sold by
Schmidt Jack H and Schmidt Sophie
Bought by
Schmidt Jack H and Schmidt Sophie
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
913 Scarlet Shrub Llc $899,000 Pioneer Title Agency Inc
The William & Christina Matthews Family -- Accommodation
Matthews William D $290,000 Capital Title Agency Inc
Jin Allen Tien Liang $109,900 Fidelity Title
Schmidt Jack H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 913 Scarlet Shrub Llc $518,610
Previous Owner Matthews William $100,000
Previous Owner Matthews William D $180,000
Previous Owner Jin Allen Tien Liang $87,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $899,000 0.0% $389 / Sq Ft
12/07/2021 12/07/21 For Sale $899,000 0.0% $389 / Sq Ft
10/18/2021 10/18/21 Price Changed $899,000 +2.3% $389 / Sq Ft
08/26/2021 08/26/21 Price Changed $879,000 -7.4% $381 / Sq Ft
07/31/2021 07/31/21 Price Changed $949,000 -2.7% $411 / Sq Ft
07/01/2021 07/01/21 For Sale $975,000 -- $422 / 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 $2,406 $19,371 -- --
2024 $2,341 $18,448 -- --
2023 $2,341 $54,470 $10,890 $43,580
2022 $2,171 $43,150 $8,630 $34,520
2021 $2,198 $38,020 $7,600 $30,420
2020 $2,163 $31,800 $6,360 $25,440
2019 $2,115 $26,770 $5,350 $21,420
2018 $2,062 $23,650 $4,730 $18,920
2017 $1,963 $21,160 $4,230 $16,930
2016 $1,894 $18,070 $3,610 $14,460
2015 $1,760 $17,170 $3,430 $13,740
Source: Public Records

Agents Affiliated with this Home

  • William Matthews

    Seller's Agent in 2021

    William Matthews

    West USA Realty

    (602) 390-3999

    1 in this area

    29 Total Sales

    William Matthews
    Section Image
  • Terry Kass

    Buyer's Agent in 2021

    Terry Kass

    R.O.I. Properties

    (602) 330-2525

    8 in this area

    29 Total Sales

    Terry Kass
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6258401

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-05-081

Arizona Maricopa County Phoenix 85014 Camelback East Village

913 E Ocotillo Rd, Phoenix, AZ

This home is located at 913 E Ocotillo Rd, Phoenix, AZ 85014 since 01 July 2021 and is currently estimated at $999,729, approximately $432 per square foot. This property was built in 1959. 913 E Ocotillo Rd is a home located in Maricopa County with nearby schools including Madison Richard Simis School, Madison Meadows 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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