NOT LISTED FOR SALE

940 E Illini St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $204,000 - $330,051

3 Beds
1 Bath
738 Sq Ft
$355/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $165,000 $224 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,450/month

Highlights

  • No HOA
  • Double Pane Windows
  • Grass Covered Lot
  • Phoenix Coding Academy Rated A
  • Cooling Available
  • No Heating

About This Home

As of April 2024

**INVESTOR SPECIAL** Large lot. Original Dwelling consist of three bedroom & one bath. Lot had an additional detach room with bathroom. Interior walls had been gutted, electrical wiring redone, as well as plumbing. Illini used to be a dead-end. Brand new apartments currently under construction two lots down with street now open all the way through 12th Street. CASH. Great for investor who wishes to remodel or tear down and rebuild. Lot is huge. Home is on lock box.

Last Agent to Sell the Property

Yolanda Blanco

Best Buy Properties License #BR522225000 Listed on: 03/04/2024

Last Buyer's Agent

Danny Fazio

MAR-KEY Real Estate License #SA705493000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $919

Year Built

  • Built in 1940

Lot Details

  • 8,802 Sq Ft Lot
  • Chain Link Fence
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 738 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Cooling Available
  • No Heating
  • Plumbing System Updated in 2023
  • Wiring Updated in 2023

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Del Sol Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 113-19-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$919

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: 9 ST & ILLINI
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2023
  • Items Updated Wiring Yr Updated: 2023
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1940
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: DEL SOL
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 223.57
  • Windows:Dual Pane: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 738.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Other
  • Lot Features: Dirt Back, Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Other
  • Heating: None
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Water
  • Heating:No Heat: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8802.0
  • Parcel #: 113-19-003

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 919.0
  • Tax Book Number: 113.00
  • Tax Lot: 2
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 15, 2024
Sold by
Black Arrow Capital Llc
Bought by
Denner Llc
Seller's Agent
Yolanda Blanco
Best Buy Properties
Buyer's Agent
Danny Fazio
MAR-KEY Real Estate
List Price
$165,000
Sold Price
$165,000
Views
37
Current Estimated Value
$261,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,763
Avg. Annual Appreciation
30.57%
Original Mortgage
$120,000
Outstanding Balance
$118,227
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$143,536

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 12, 2024
Sold by
Verdugo Christopher Anthony and Verdugo Tony
Bought by
Black Arrow Capital Llc
Seller's Agent
Yolanda Blanco
Best Buy Properties
Buyer's Agent
Danny Fazio
MAR-KEY Real Estate
List Price
$165,000
Sold Price
$165,000
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$118,227
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$143,536

Purchase Details

Closed on
Oct 25, 1999
Sold by
Beights Viola
Bought by
Verdugo Antonio
Source: Public Records
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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
Denner Llc $167,000 Shield Title
Black Arrow Capital Llc $165,000 Shield Title
Black Arrow Capital Llc $165,000 Shield Title
Verdugo Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denner Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $165,000 0.0% $224 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $165,000 -- $224 / 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 $973 $7,198 -- --
2024 $919 $6,855 -- --
2023 $919 $15,120 $3,020 $12,100
2022 $900 $11,160 $2,230 $8,930
2021 $928 $11,080 $2,210 $8,870
2020 $917 $9,020 $1,800 $7,220
2019 $885 $7,460 $1,490 $5,970
2018 $299 $4,610 $920 $3,690
2017 $279 $3,500 $700 $2,800
2016 $264 $2,850 $570 $2,280
2015 $246 $2,180 $430 $1,750
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2024

    Yolanda Blanco

    Best Buy Properties

    Section Image

  • D

    Buyer's Agent in 2024

    Danny Fazio

    MAR-KEY Real Estate

    (623) 606-1784

    4 in this area

    41 Total Sales

    Danny Fazio
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6683315

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-19-003

Arizona Maricopa County Phoenix 85040 South Mountain

940 E Illini St, Phoenix, AZ

Not Listed for Sale

Detached

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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