S
Seller's Agent in 2024
Selena McCollum
Spotlight Realty, LLC
921 E Weldon Ave Phoenix, AZ 85014
Central City NeighborhoodEstimated Value: $645,428 - $1,158,000
--
Bed
--
Bath
2,559
Sq Ft
$311/Sq Ft
Est. Value
Highlights
- 11 Car Attached Garage
- Ceramic Tile Flooring
- Central Heating and Cooling System
- Phoenix Coding Academy Rated A
About This Home
As of October 2024This small complex is very appealing! The 2 triplexes built in 1981 are newer than most buildings in the area. The apartments are more spacious than many. The 1920's home is a 1 bedroom + den. There is also a studio cottage. Total square footage combined is 6388 and is well priced at $297.43 per sq. foot. Price per door is $237,500. There are 8 covered parking spaces & 3 uncovered spots. Each apartment has its own private rear yard & storage room with washer/dryer hook-ups. Grounds are peaceful and green. Tenants tend to stay. Roofs new in 2022. Well located adjacent to uptown and midtown, 921, 925 and 929 E. Weldon Ave. together make up this unique 8 unit complex which must be sold together. Residential financing may be available. 1031 exchange buyers welcome. Great upside potential!
Last Agent to Sell the Property
Selena McCollum
Spotlight Realty, LLC License #BR040479000 Listed on: 09/24/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,018
Year Built
- Built in 1981
Lot Details
- Property fronts an alley
- Additional Parcels
Home Design
- Composition Roof
- Stucco
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 11 Car Attached Garage
- 3 Open Parking Spaces
- Common or Shared Parking
Schools
- Longfellow Elementary School
- Osborn Middle School
- North High School
Utilities
- Central Heating and Cooling System
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 4
- Assessor Parcel Number 118-18-004-A
Community Details
Overview
- 4 Buildings
- 8 Units
- La Punta Subdivision
Building Details
- Operating Expense $35,018
- Gross Income $117,855
- Net Operating Income $82,837
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2024
Closed on
Oct 28, 2024
Sold by
Hamilton Seven Limited Partnership and Hamilton Seven Limited Liability Partner
Bought by
Heather Mcdonald Denny Living Trust and Brian Mcdonald Living Trust
Seller's Agent
Selena McCollum
Spotlight Realty, LLC
Buyer's Agent
Carol Gilbert
HomeSmart
List Price
$1,900,000
Sold Price
$1,768,000
Premium/Discount to List
-$132,000
-6.95%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$971,393
Avg. Annual Appreciation
-51.56%
Original Mortgage
$285,500
Outstanding Balance
$282,642
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$513,965
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Heather Mcdonald Denny Living Trust | $659,000 | Lawyers Title Of Arizona |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Heather Mcdonald Denny Living Trust | $285,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $1,768,000 | -6.9% | $691 / Sq Ft |
| 09/24/2024 09/24/24 | For Sale | $1,900,000 | -- | $742 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,748 | $13,460 | -- | -- |
| 2024 | -- | $12,819 | -- | -- |
| 2023 | -- | -- | -- | -- |
Source: Public Records
Agents Affiliated with this Home
-
-
Carol Gilbert
Buyer's Agent in 2024
Carol Gilbert
HomeSmart
(602) 291-8807
1 in this area
18 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6761622
APN: 118-18-004A
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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