Seller's Agent in 2022
Mitchell Drake
ABI Multifamily
(602) 714-1400
8 in this area
29 Total Sales
920 E Montebello Ave Phoenix, AZ 85014
Camelback East Village NeighborhoodEstimated Value: $386,000 - $2,280,000
Studio
--
Bath
--
Sq Ft
8,886
Sq Ft Lot Lot
About This Home
As of September 2022Madison at Uptown is a 7 unit apartment community. Built in 1958 and renovated in 2022, the property resides in a residential neighborhood and consists of (6) 1-bed / 1-bath units and (1) 3-bed / 2-bath detached cottage. Five of the seven units have been fully upgraded and the remaining two units will complete renovations by the end of June 2022. Both units will be leased up at market rent. This garden-style community features interior and exterior renovations including new stainless-steel appliances, granite countertops, new cabinets, in-unit washers / dryers, new foam roof / HVAC units, and new water heaters. This quiet apartment community has ample parking using the vacant west-adjacent lot which is being sold separately. The Seller is willing to include a bulk sale of both parcels.
Last Agent to Sell the Property
ABI Multifamily License #SA675761000 Listed on: 05/18/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,116
Year Built
- Built in 1957
Lot Details
- 8,886
Home Design
- Foam Roof
- Block Exterior
Parking
- 7 Open Parking Spaces
- 7 Parking Spaces
Utilities
- Cooling Available
- Master Water Meter
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Legal Lot and Block 3 / 1
- Assessor Parcel Number 162-06-022-C
Community Details
Overview
- 3 Buildings
- 7 Units
- Building Dimensions are 11,892
- Montgomery Acres Subdivision
Building Details
- Operating Expense $3,116
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 17, 2023
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
May 18, 2022
Closed on
Sep 19, 2022
Sold by
Bought by
Seller's Agent
Mitchell Drake
ABI Multifamily
Buyer's Agent
Leslie McDonnell
RE/MAX Fine Properties
List Price
$2,100,000
Sold Price
$1,850,000
Premium/Discount to List
-$250,000
-11.9%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.51%
Original Mortgage
$560,000
Interest Rate
4.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 12, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
3.75%
Mortgage Type
Construction
Purchase Details
Listed on
Nov 19, 2018
Closed on
Apr 15, 2019
Sold by
Bought by
Seller's Agent
Mitchell Drake
ABI Multifamily
Buyer's Agent
Mitchell Drake
ABI Multifamily
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$390,000
Interest Rate
4.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 23, 2015
Sold by
Bought by
Purchase Details
Closed on
Oct 10, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
5.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 1994
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
9.25%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| $1,950,000 | Fidelity National Title | ||
| $1,400,000 | Magnus Title Agency Llc | ||
| $750,000 | Fidelity Natl Ttl Agcy Inc | ||
| -- | None Available | ||
| $475,000 | Westland Title Agency | ||
| $175,000 | Grand Canyon Title Agency In |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $560,000 | ||
| Previous Owner | $1,725,000 | ||
| Previous Owner | $390,000 | ||
| Previous Owner | $332,500 | ||
| Previous Owner | $122,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/20/2022 09/20/22 | Sold | $1,850,000 | -7.3% | -- | |
| 06/14/2022 06/14/22 | Price Changed | $1,995,000 | -5.0% | -- | |
| 05/17/2022 05/17/22 | For Sale | $2,100,000 | +180.0% | -- | |
| 04/18/2019 04/18/19 | Sold | $750,000 | -9.1% | -- | View Prior Sale |
| 03/27/2019 03/27/19 | Price Changed | $825,000 | 0.0% | -- | |
| 02/11/2019 02/11/19 | Pending | -- | -- | -- | |
| 01/21/2019 01/21/19 | Price Changed | $825,000 | -2.9% | -- | |
| 11/16/2018 11/16/18 | For Sale | $850,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,687 | $12,950 | $12,950 | -- |
| 2024 | $1,565 | $12,333 | $12,333 | -- |
| 2023 | $1,565 | $31,500 | $31,500 | $0 |
| 2022 | $1,519 | $28,005 | $28,005 | $0 |
| 2021 | $1,532 | $29,745 | $29,745 | $0 |
| 2020 | $1,508 | $28,650 | $28,650 | $0 |
| 2019 | $1,475 | $13,920 | $13,920 | $0 |
| 2018 | $1,439 | $13,815 | $13,815 | $0 |
| 2017 | $1,371 | $10,890 | $10,890 | $0 |
| 2016 | $1,324 | $8,805 | $8,805 | $0 |
| 2015 | $1,311 | $8,480 | $8,480 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mitchell Drake
-
Dallin Hammond
Seller Co-Listing Agent in 2022
Dallin Hammond
ABI Multifamily
(602) 714-1400
9 in this area
34 Total Sales
-
Leslie McDonnell
Buyer's Agent in 2022
Leslie McDonnell
RE/MAX
(602) 510-5991
7 in this area
45 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6401837
APN: 162-06-022D
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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