NOT LISTED FOR SALE

9625 N 11th Ave Phoenix, AZ 85021

North Mountain Village Neighborhood

Estimated Value: $750,666

-- Bed
-- Bath
2,935 Sq Ft
$256/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $215,000 $73 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $4,329/month

22 Days on Market

Highlights

  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Carpet
  • Sunnyslope High School Rated A
  • Ceiling Fan

About This Home

As of January 2016

GREAT INCOME GENERATING, LOW MAINTENANCE DUPLEX. BUILT IN 2004. GREAT CONDITION WITH HIGHLY DESIRABLE FLOOR PLAN W/4 BEDROOMS. LARGE UNITS W/2.5 BATHS AND 2 CAR GARAGE W/EACH UNIT. BOTH UNITS CURRENTLY LEASED WITH LEASES COMING DUE SHORTLY - RENT CAN BE EFFECTIVELY RAISED DUE TO LOCATION IN GOOD RENTAL AREA. ONE UNIT HAS HAD SAME TENANT FOR 10 YEARS. INDIVIDUALLY METERED FOR WATER AND ELECTRICITY. UNITS HAVE CEILING FANS AND PRIVATE BACKYARD PATIO WITH BLOCK FENCE. NEW WATER HEATERS. NEWER A/C, CARPET AND INTERIOR PAINT IN ONE UNIT. APPLIANCES NOTED CONVEY WITH PROPERTY. BUYER COULD POSSIBLY QUALIFY FOR OWNER/OCCUPANT FINANCING THROUGH VA/FHA. BUYER TO VERIFY ALL CONDITIONS AND FEATURES. AGENT CO-OWNER.

Last Agent to Sell the Property

Ron Leonard

Better Homes & Garden Real Estate Move Time Realty License #SA534144000 Listed on: 11/17/2015

Last Buyer's Agent

Patrick O'Sullivan

Get Multifamily License #BR634211000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,068

Year Built

  • Built in 2004

Lot Details

  • 9,322

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Construction or Metal Frame
  • Stucco

Flooring

  • Carpet
  • Vinyl

Schools

  • Washington Elementary School - Phoenix
  • Glendale Landmark Middle School
  • Glendale High School

Additional Features

  • Ceiling Fan
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer
  • Tax Lot 58
  • Assessor Parcel Number 158-34-042

Community Details

Overview

  • 2 Units
  • Building Dimensions are 9300
  • Foothill Acres Lots 33 48, 58 59 Subdivision

Building Details

  • Gross Income $19,584
  • Net Operating Income $17,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,068

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: HATCHER & 19TH AVENUE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2004
  • Tax Year: 2014
  • Directions: E ON HATCHER TO 11TH AVENUE. N TO PROPERTY - 2ND BLOCK FROM HATCHER ON EAST SIDE OF STREET. CALL RON FOR MORE INFORMATION 480-363-4970.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: FOOTHILL ACRES LOTS 33-48, 58-59
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Garage Details: Yes
  • Parking:Attached: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Glendale Landmark Middle School

Lot Info

  • Lot Size: 9300
  • Additional Parcels: No
  • Parcel #: 158-34-042

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 19584.0
  • Insurance Expense: 813.0
  • Maintenance Expense: 700.0
  • Property Net Operating Income: 17050.0
  • Vacancy Allowance Rate: 0.04

Tax Info

  • Tax Annual Amount: 1068.0
  • Tax Book Number: 158.00
  • Tax Lot: 58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Jan 7, 2016
Sold by
Leonard Phillip A and Leonard Elizabeth A
Bought by
Gonzalez Juan M and Gonzalez Gabriela G
Seller's Agent
Ron Leonard
Better Homes & Garden Real Estate Move Time Realty
Buyer's Agent
Patrick O'Sullivan
Get Multifamily
List Price
$220,000
Sold Price
$215,000
Premium/Discount to List
-$5,000
-2.27%
Total Days on Market
22
Current Estimated Value
$750,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,666
Avg. Annual Appreciation
14.19%
Original Mortgage
$161,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2005
Sold by
Mendivil Mario R and Mendivil Maria E
Bought by
Leonard Phillip A and Leonard Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
2.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 3, 2004
Sold by
Key Mortgage Corp
Bought by
Mendivil Mario R and Mendivil Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,100
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2003
Sold by
Kc Development Inc
Bought by
Key Mortgage Corp

Purchase Details

Closed on
Apr 22, 2003
Sold by
Lincoln Trust Co
Bought by
Kc Development Inc

Purchase Details

Closed on
Feb 14, 2003
Sold by
Norvell Fern D
Bought by
Lincoln Trust Co and Rovala Kari
Source: Public Records

Range of Values:

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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
Gonzalez Juan M $215,000 Security Title Agency Inc
Leonard Phillip A $280,000 Security Title Agency Inc
Mendivil Mario R $250,000 Security Title Agency
Key Mortgage Corp $30,000 Security Title Agency
Kc Development Inc $24,000 Fidelity National Title
Lincoln Trust Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Juan M $110,000
Closed Gonzalez Juan M $161,250
Previous Owner Leonard Phillip A $224,000
Previous Owner Mendivil Mario R $224,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2016 01/08/16 Sold $215,000 -2.3% $73 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
11/17/2015 11/17/15 For Sale $220,000 -- $75 / 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 $1,376 $11,254 -- --
2024 $1,351 $10,718 -- --
2023 $1,351 $51,470 $10,290 $41,180
2022 $1,307 $35,300 $7,060 $28,240
2021 $1,324 $30,670 $6,130 $24,540
2020 $1,291 $31,300 $6,260 $25,040
2019 $1,268 $23,880 $4,770 $19,110
2018 $1,234 $20,250 $4,050 $16,200
2017 $1,228 $18,210 $3,640 $14,570
2016 $1,206 $18,150 $3,630 $14,520
2015 $1,117 $14,920 $2,980 $11,940
Source: Public Records

Agents Affiliated with this Home

  • Ron Leonard

    Seller's Agent in 2016

    Ron Leonard

    Better Homes & Garden Real Estate Move Time Realty

    Section Image
  • Patrick O'Sullivan

    Buyer's Agent in 2016

    Patrick O'Sullivan

    Get Multifamily

    (602) 842-5050

    3 in this area

    31 Total Sales

    Patrick O'Sullivan
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5363763

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-34-042

Arizona Maricopa County Phoenix 85021 North Mountain Village

9625 N 11th Ave, Phoenix, AZ

This home is located at 9625 N 11th Ave, Phoenix, AZ 85021 since 17 November 2015 and is currently priced at $750,666, approximately $255 per square foot. This property was built in 2004. 9625 N 11th Ave is a home located in Maricopa County with nearby schools including Mountain View Elementary School, Sunnyslope High School, and Bennett Academy – Venture Site.

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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