NOT LISTED FOR SALE

918 E Turney Ave Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $756,000 - $1,011,000

-- Bed
4 Baths
1,950 Sq Ft
$471/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $114,900 $59 Per Sq Ft

Est. 699% increase in value since last sale

Current estimated payment $5,042/month

5 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of April 2015

Calling all investors!! Great short sale opportunity in a great area. This is a multifamily property. Don't have to look any further. Short Sale!

Last Agent to Sell the Property

Daniel Barraza

My Home Group Real Estate License #SA639785000 Listed on: 08/15/2014

My Home Group Real Estate

Last Buyer's Agent

Liliana Sanchez Perez

eXp Realty License #SA648355000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $995

Year Built

  • Built in 1984

Lot Details

  • 0.28

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Siding

Flooring

  • Carpet
  • Concrete

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV, landscaping
  • The owner pays for water
  • Tax Lot 11
  • Assessor Parcel Number 155-19-003

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 57 X 219

Building Details

  • Operating Expense $2,745
  • Net Operating Income $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$995

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 12th Street and Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2013
  • Directions: Go North on Indian School and turn West on Turney to property.
  • Road Surface Type: Gravel, Dirt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Concrete
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 57 X 219
  • Additional Parcels: No
  • Parcel #: 155-19-003

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity, Cable TV, Landscaping
  • Number Of Units Total: 4
  • Insurance Expense: 750.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 1500.0
  • Annual Operating Expense: 2745.36
  • Vacancy Allowance Rate: 0.15

Tax Info

  • Tax Annual Amount: 995.36
  • Tax Book Number: 155.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2019
Sold by
Kaiser Properties Llc
Bought by
Service Enterprises Llc
Current Estimated Value
$917,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$175,836
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$741,831

Purchase Details

Listed on
Aug 15, 2014
Closed on
Apr 6, 2015
Sold by
Najera Rafael
Bought by
Kaiser Properties Llc
Seller's Agent
Daniel Barraza
My Home Group Real Estate
Buyer's Agent
Liliana Sanchez Perez
eXp Realty
List Price
$114,000
Sold Price
$114,900
Premium/Discount to List
$900
0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.00%
Original Mortgage
$371,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2005
Sold by
Santa Maria Arnulfo
Bought by
Najera Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2005
Sold by
Santa Maria Sabrina
Bought by
Santa Maria Arnulfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2005
Sold by
Salgado Rolando
Bought by
Santa Maria Arnulfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 1998
Sold by
Santamaria Sabrina
Bought by
Santamaria Arnulfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,325
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 1998
Sold by
Beltran Marcus F and Beltran Mary A
Bought by
Santamaria German Diaz and Santamaria Arnulfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,325
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 8, 1998
Sold by
Tang Steve
Bought by
Beltran Marcus F and Beltran Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,325
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 28, 1995
Sold by
Tang Karen C
Bought by
Tang Steve

Purchase Details

Closed on
Jul 12, 1994
Sold by
Tang Henry and Tang Quyen Le
Bought by
Tang Steve and Tang Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.25%
Mortgage Type
Commercial
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
Service Enterprises Llc -- Stewart Ttl & Tr Of Phoenix
Kaiser Properties Llc $114,000 First Arizona Title Agency
Najera Rafael $200,000 Guaranty Title Agency
Santa Maria Arnulfo -- --
Santa Maria Arnulfo -- --
Santamaria Arnulfo -- Capital Title Agency
Santamaria German Diaz $95,000 Capital Title Agency
Beltran Marcus F -- Capital Title Agency
Tang Steve -- --
Tang Steve $75,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Service Enterprises Llc $200,000
Previous Owner Kaiser Properties Llc $371,000
Previous Owner Najera Rafael $170,000
Previous Owner Santamaria German Diaz $94,325
Previous Owner Tang Steve $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2015 04/24/15 Sold $114,900 +0.8% $59 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $114,000 -- $58 / 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 $1,890 $15,060 -- --
2024 $1,826 $14,343 -- --
2023 $1,826 $61,220 $12,240 $48,980
2022 $1,815 $41,430 $8,280 $33,150
2021 $1,846 $34,670 $6,930 $27,740
2020 $1,800 $29,810 $5,960 $23,850
2019 $1,722 $28,170 $5,630 $22,540
2018 $1,859 $24,550 $4,910 $19,640
2017 $1,334 $23,220 $4,640 $18,580
2016 $1,284 $18,180 $3,630 $14,550
2015 $1,196 $14,450 $2,890 $11,560
Source: Public Records

Agents Affiliated with this Home

  • Daniel Barraza

    Seller's Agent in 2015

    Daniel Barraza

    My Home Group Real Estate

    (623) 340-3957

    5 in this area

    357 Total Sales

    Daniel Barraza
    Section Image
  • Liliana Sanchez Perez

    Buyer's Agent in 2015

    Liliana Sanchez Perez

    eXp Realty

    (602) 550-1301

    1 in this area

    23 Total Sales

    Liliana Sanchez Perez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5159887

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-19-003

Arizona Maricopa County Phoenix 85014 Central City

918 E Turney Ave, Phoenix, AZ

This home is located at 918 E Turney Ave, Phoenix, AZ 85014 since 15 August 2014 and is currently estimated at $917,667, approximately $470 per square foot. This property was built in 1984. 918 E Turney Ave is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle 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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