NOT LISTED FOR SALE

921 E Dunlap Ave Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $287,806 - $751,000

-- Bed
-- Bath
2,461 Sq Ft
$241/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $136,000 $55 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $3,254/month

60 Days on Market

Highlights

  • Cooling Available
  • Sunnyslope High School Rated A
  • Heating Available

About This Home

As of February 2015

Built in 1987. Wood Frame / Construction, pitched roof, Covered Parking. Opportunity to increase rents. Good location with easy access to 7th St & Cave Creek Rd / Hwy 51. Separately metered for Utilities. Laundry facilities in each unit.

PLEASE DO NOT DISTURB TENANTS - DRIVE BY ONLY

Very Nice opportunity for investor – call before other agents bring contracts

Last Agent to Sell the Property

Ed Grabowski

Realty ONE Group License #BR634685000 Listed on: 11/10/2014

Last Buyer's Agent

Bruce Lichlyter

Realty ONE Group License #BR513103000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,345

Year Built

  • Built in 1987

Lot Details

  • 5,576

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 160-02-039

Community Details

Overview

  • 4 Units
  • Building Dimensions are 57 X 101

Building Details

  • Operating Expense $6,645
  • Gross Income $17,280
  • Net Operating Income $9,675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,345

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: Dunlap & 10th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1987
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: 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

Association/Amenities

  • Community Amenities:Other18: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:See Remarks15: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Water Sewer Expense: 2500.0

Lot Info

  • Lot Size: 57 X 101
  • Additional Parcels: No
  • Parcel #: 160-02-039

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 17280.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 9675.0
  • Annual Operating Expense: 6645.2
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1345.2
  • Tax Book Number: 160.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2014
Closed on
Feb 23, 2015
Sold by
Schreiner Robert E and Caestecker Danielle
Bought by
Aseme John Ikenna
Seller's Agent
Ed Grabowski
Realty ONE Group
Buyer's Agent
Bruce Lichlyter
Realty ONE Group
List Price
$155,000
Sold Price
$136,000
Premium/Discount to List
-$19,000
-12.26%
Current Estimated Value
$593,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,702
Avg. Annual Appreciation
14.66%
Original Mortgage
$95,200
Interest Rate
9.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2004
Sold by
Lonca Cornel
Bought by
Schreiner Robert E and Caestecker Danielle

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
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2004
Sold by
Petelin Ventures Lllp
Bought by
Lonca Cornel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aseme John Ikenna $136,000 Precision Title Agency Inc
Schreiner Robert E $225,000 Title Partners Of Phoenix Ll
Lonca Cornel $150,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aseme John Ikenna $95,200
Previous Owner Schreiner Robert E $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $136,000 -12.3% $55 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
11/10/2014 11/10/14 For Sale $155,000 -- $63 / 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 $1,540 $12,122 -- --
2024 $1,456 $11,545 -- --
2023 $1,456 $48,020 $9,600 $38,420
2022 $1,408 $33,510 $6,700 $26,810
2021 $1,426 $30,270 $6,050 $24,220
2020 $1,391 $24,210 $4,840 $19,370
2019 $1,365 $21,000 $4,200 $16,800
2018 $1,330 $18,200 $3,640 $14,560
2017 $1,323 $15,770 $3,150 $12,620
2016 $1,299 $14,280 $2,850 $11,430
2015 $1,203 $12,370 $2,470 $9,900
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Ed Grabowski

    Realty One Group

    Section Image

  • B

    Buyer's Agent in 2015

    Bruce Lichlyter

    Realty One Group

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5197991

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-02-039

Arizona Maricopa County Phoenix 85020 North Central

921 E Dunlap Ave, Phoenix, AZ

Not Listed for Sale

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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