9240 N 8th St Phoenix, AZ 85020
North Central NeighborhoodEstimated Value: $294,000 - $683,882
5
Beds
3
Baths
1,759
Sq Ft
$294/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- Ceramic Tile Flooring
- Heating System Uses Natural Gas
- Sunnyslope High School Rated A
About This Home
As of April 2020REMODELED 4 PLEX features (3) 2BD/1BA units and (1) 1BD/1Ba unit. You'll find lots of UPGRADES in the kitchen, bathrooms, flooring, fixtures and more. There are (3) ELECTRICAL meters on the property for the (4) units. The property is MASTER METERED for water, sewer and trash. An AWESOME Phoenix location, close to everything, it is an EASY to RENT location. There is a property management company ready to manage the property.
Last Agent to Sell the Property
Get Multifamily License #BR634211000 Listed on: 01/29/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $943
Year Built
- Built in 1934
Lot Details
- 0.32
Home Design
- Composition Roof
- Built-Up Roof
- Block Exterior
- Metal Construction or Metal Frame
- Stucco
Flooring
- Ceramic Tile
- Vinyl
Parking
- 3 Open Parking Spaces
- 7 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
- Free Parking
- Paved Parking
Schools
- Washington Elementary School
- Glendale Landmark Middle School
- Glendale High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Master Water Meter
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for gas, electricity, trash collection, water, sewer, landscaping
- Assessor Parcel Number 159-36-132-A
Community Details
Overview
- 3 Buildings
- 4 Units
- Building Dimensions are 33.5709047279755 x -112.062865314313
Building Details
- Operating Expense $16,583
- Gross Income $44,396
- Net Operating Income $27,814
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2020
Closed on
Apr 4, 2020
Sold by
Mike Johnson Az Property Investments Llc
Bought by
Brandon Marc R
Seller's Agent
Patrick O'Sullivan
Get Multifamily
Buyer's Agent
Jeffery Chesleigh
HomeSmart
List Price
$450,000
Sold Price
$450,000
Total Days on Market
41
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
$66,721
Avg. Annual Appreciation
4.58%
Original Mortgage
$315,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 29, 2019
Sold by
Sound Llc
Bought by
Mike Johnson Az Property Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 25, 2019
Sold by
Breed Richard and George Michael Trust
Bought by
Sound Llc
Purchase Details
Closed on
Feb 15, 2006
Sold by
Breed Richard
Bought by
City Of Phoenix
Purchase Details
Closed on
Jan 2, 2002
Sold by
Breed Charles H
Bought by
Breed Richard and George Michael Breed Trust
Similar Homes in Phoenix, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brandon Marc R | $450,000 | Pioneer Title Agency Inc | |
| Mike Johnson Az Property Investments Llc | $290,000 | Magnus Title Agency | |
| Sound Llc | $125,000 | Wfg National Title Ins Co | |
| City Of Phoenix | -- | None Available | |
| Breed Richard | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brandon Marc R | $310,000 | |
| Closed | Brandon Marc R | $315,000 | |
| Previous Owner | Mike Johnson Az Property Investments Llc | $320,000 | |
| Previous Owner | Mike Johnson Az Property Investments Llc | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2020 04/17/20 | Sold | $450,000 | 0.0% | $256 / Sq Ft |
| 04/14/2020 04/14/20 | For Sale | $450,000 | 0.0% | $256 / Sq Ft |
| 01/29/2020 01/29/20 | For Sale | $450,000 | -- | $256 / 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 | $1,024 | $8,372 | -- | -- |
| 2024 | $1,005 | $7,973 | -- | -- |
| 2023 | $1,005 | $36,270 | $7,250 | $29,020 |
| 2022 | $973 | $23,650 | $4,730 | $18,920 |
| 2021 | $985 | $19,750 | $3,950 | $15,800 |
| 2020 | $961 | $17,050 | $3,410 | $13,640 |
| 2019 | $943 | $15,530 | $3,100 | $12,430 |
| 2018 | $918 | $13,180 | $2,630 | $10,550 |
| 2017 | $914 | $10,130 | $2,020 | $8,110 |
| 2016 | $897 | $8,960 | $1,790 | $7,170 |
| 2015 | $831 | $7,380 | $1,470 | $5,910 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick O'Sullivan
Seller's Agent in 2020
Patrick O'Sullivan
Get Multifamily
(602) 842-5050
2 in this area
31 Total Sales
-
Janet Love
Seller Co-Listing Agent in 2020
Janet Love
Get Multifamily
(480) 369-2369
1 in this area
14 Total Sales
-
Jeffery Chesleigh
Buyer's Agent in 2020
Jeffery Chesleigh
HomeSmart
(480) 399-3480
1 in this area
131 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6029957
APN: 159-36-132A
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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