Seller's Agent in 2020
Michelle Hansen
My Home Group Real Estate
(602) 320-8352
9 Total Sales
9825 N 11th Ave Phoenix, AZ 85021
North Mountain Village NeighborhoodEstimated Value: $491,776 - $605,000
Studio
--
Bath
2,852
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- Cooling Available
- Sunnyslope High School Rated A
- Heat Pump System
About This Home
As of July 2020Investors, you're going to love this rare find! Positive cash flow property from the day you take title. Fully occupied 4-plex with long term renters and room for rental increases. Better than an 8% CAP on this investment and room for growth. Conveniently located near shopping, freeways, public transportation routes, and employers. The Phoenix rental market is hot, take advantage of this all 2 bedroom 1 bath building with mountain views!
Last Agent to Sell the Property
My Home Group Real Estate License #SA684205000 Listed on: 05/18/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $998
Year Built
- Built in 1972
Lot Details
- 0.26
Home Design
- Brick Exterior Construction
- Built-Up Roof
- Stucco
Parking
- 8 Parking Spaces
- 4 Covered Spaces
Utilities
- Cooling Available
- Heat Pump System
- Master Water Meter
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 24
- Assessor Parcel Number 158-29-061-D
Community Details
Overview
- 4 Units
- Building Dimensions are 11,429
- Ironwood Place Subdivision
Building Details
- Operating Expense $9,389
- Gross Income $35,388
- Net Operating Income $35,388
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2020
Closed on
Jul 2, 2020
Sold by
Timuryan Shake and Grigoryan Artur
Bought by
Grigoryan Artur
Seller's Agent
Michelle Hansen
My Home Group Real Estate
Buyer's Agent
Sonya Buerger
West USA Realty
List Price
$384,500
Sold Price
$380,300
Premium/Discount to List
-$4,200
-1.09%
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
$190,644
Avg. Annual Appreciation
7.38%
Original Mortgage
$373,411
Outstanding Balance
$331,000
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$239,944
Purchase Details
Listed on
May 18, 2020
Closed on
Jun 16, 2020
Sold by
Machriske Llc
Bought by
Grigoryan Artur
Seller's Agent
Michelle Hansen
My Home Group Real Estate
Buyer's Agent
Sonya Buerger
West USA Realty
List Price
$384,500
Sold Price
$380,300
Premium/Discount to List
-$4,200
-1.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,411
Outstanding Balance
$331,000
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$239,944
Purchase Details
Closed on
Sep 26, 2018
Sold by
Correa Ricardo and Padilla Daisy
Bought by
Machriske Llc
Purchase Details
Listed on
Apr 5, 2018
Closed on
May 17, 2018
Sold by
Vogt Jared
Bought by
Correa Ricardo and Padilla Daisy M
Seller's Agent
Chris Nace
Arizona Best Real Estate
Buyer's Agent
Joshua Ezell
Breakthrough Real Estate & Property Management
List Price
$276,900
Sold Price
$275,000
Premium/Discount to List
-$1,900
-0.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%
Original Mortgage
$206,250
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 23, 2013
Closed on
May 29, 2013
Sold by
West Valley Properties & Associates Llc
Bought by
Vogt Jared
Seller's Agent
Luisa Ortega
eXp Realty
Buyer's Agent
Chris Nace
Arizona Best Real Estate
List Price
$147,000
Sold Price
$142,000
Premium/Discount to List
-$5,000
-3.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$106,500
Interest Rate
3.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 22, 2009
Sold by
Litton Loan Servicing Lp
Bought by
West Valley Properties & Associates Llc
Purchase Details
Closed on
Jun 28, 2005
Sold by
Opoka Michael J and Opoka Zelda L
Bought by
Asfoor Riyad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.75%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Grigoryan Artur | -- | Magnus Title Agency | |
| Grigoryan Artur | $380,300 | Magnus Title Agency | |
| Machriske Llc | -- | None Available | |
| Correa Ricardo | $275,000 | Wfg National Title Insurance | |
| Vogt Jared | $142,000 | Magnus Title Agency | |
| West Valley Properties & Associates Llc | $42,000 | Lawyers Title Of Arizona Inc | |
| Asfoor Riyad | $255,000 | Security Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grigoryan Artur | $373,411 | |
| Previous Owner | Correa Ricardo | $206,250 | |
| Previous Owner | Vogt Jared | $106,500 | |
| Previous Owner | Asfoor Riyad | $204,000 | |
| Closed | Asfoor Riyad | $51,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/06/2020 07/06/20 | Sold | $380,300 | -1.1% | $133 / Sq Ft | |
| 06/27/2020 06/27/20 | Price Changed | $384,500 | 0.0% | $135 / Sq Ft | |
| 05/19/2020 05/19/20 | Pending | -- | -- | -- | |
| 05/17/2020 05/17/20 | For Sale | $384,500 | +39.8% | $135 / Sq Ft | |
| 06/20/2018 06/20/18 | Sold | $275,000 | -0.7% | $96 / Sq Ft | View Prior Sale |
| 06/15/2018 06/15/18 | Price Changed | $276,900 | 0.0% | $97 / Sq Ft | |
| 06/07/2018 06/07/18 | Price Changed | $276,900 | 0.0% | $97 / Sq Ft | |
| 06/01/2018 06/01/18 | Price Changed | $276,900 | 0.0% | $97 / Sq Ft | |
| 05/26/2018 05/26/18 | Price Changed | $276,900 | 0.0% | $97 / Sq Ft | |
| 04/11/2018 04/11/18 | Pending | -- | -- | -- | |
| 04/04/2018 04/04/18 | For Sale | $276,900 | +95.0% | $97 / Sq Ft | |
| 05/31/2013 05/31/13 | Sold | $142,000 | -3.4% | $50 / Sq Ft | View Prior Sale |
| 04/15/2013 04/15/13 | Pending | -- | -- | -- | |
| 04/15/2013 04/15/13 | For Sale | $147,000 | -- | $52 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,126 | $8,864 | -- | -- |
| 2024 | $1,064 | $8,442 | -- | -- |
| 2023 | $1,064 | $45,610 | $9,120 | $36,490 |
| 2022 | $1,030 | $32,170 | $6,430 | $25,740 |
| 2021 | $1,043 | $26,630 | $5,320 | $21,310 |
| 2020 | $1,017 | $23,170 | $4,630 | $18,540 |
| 2019 | $998 | $18,610 | $3,720 | $14,890 |
| 2018 | $972 | $15,380 | $3,070 | $12,310 |
| 2017 | $967 | $13,660 | $2,730 | $10,930 |
| 2016 | $950 | $13,020 | $2,600 | $10,420 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Hansen
-
Joshua Ezell
Seller Co-Listing Agent in 2020
Joshua Ezell
Breakthrough Real Estate & Property Management
(602) 821-7460
7 Total Sales
-
Sonya Buerger
Buyer's Agent in 2020
Sonya Buerger
West USA Realty
(480) 322-0155
2 in this area
89 Total Sales
-
Chris Nace
Seller's Agent in 2018
Chris Nace
Arizona Best Real Estate
(602) 696-5305
2 in this area
51 Total Sales
-
Luisa Ortega
Seller's Agent in 2013
Luisa Ortega
eXp Realty
(602) 510-0866
2 in this area
32 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6079506
APN: 158-29-061D
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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