NOT LISTED FOR SALE

Estimated Value: $408,663 - $464,000

-- Bed
2 Baths
1,248 Sq Ft
$355/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $275,000 $220 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,538/month

64 Days on Market

Highlights

  • Multiple cooling system units
  • Mercury Mine Elementary School Rated A
  • Heating System Uses Natural Gas

About This Home

As of April 2019

Panoramic Views of Several Mountain Ranges! Located in the foothills of North Phoenix in quiet, serene Ocotillo Hills. This highly polished house has been significantly upgraded & provides amenities galore. It has been used as a duplex for decades, but is zoned R 1-6 SFR. Could be a nice owner-occupied unit w/ attached guest ''house'' unit. Recent big-ticket improvements-dual pane windows, roof, 2 HVAC units, newer kitchen main unit, & more! Each unit has a deep private driveway, ample parking/carport, private front/back security doors, gorgeous desert landscaping, covered patio, & huge private block wall backyards w/ views for miles. Easy to show. Buyer to complete/rely on own due diligence including SF, rental income, etc. See MLS 5873455 (multiple dwellings).

Last Agent to Sell the Property

James Stephens

Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 01/25/2019

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Amanda Stolee

Locality Real Estate License #BR642542000

Locality Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,317

Year Built

  • Built in 1957

Lot Details

  • 10,106

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 5 Parking Spaces
  • 1 Covered Space
  • Common or Shared Parking

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 165-08-002

Community Details

Overview

  • 2 Units
  • Building Dimensions are 10,098 sq ft
  • Ocotillo Hills Subdivision

Building Details

  • Operating Expense $1,317

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,317

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: 16th Street and Cinnabar
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-1-6
  • Number Of Buildings: 1
  • Year Built: 1957
  • Tax Year: 2018
  • Directions: North on 7th St and Dunlap on Cave Creek Rd then right on Mountain View up the hill to left on 16th St to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: OCOTILLO HILLS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS
  • Cooling: 2 or More Units, Central A/C, Electric
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 10,098 sq ft
  • Additional Parcels: No
  • Parcel #: 165-08-002

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Operating Expense: 1317.0

Tax Info

  • Tax Annual Amount: 1317.0
  • Tax Book Number: 165.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2019
Closed on
Apr 29, 2019
Sold by
Douglas G Magdaleno & Lisa A Magdaleno 2
Bought by
Flood Craig
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Amanda Stolee
Locality Real Estate
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Current Estimated Value
$443,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,166
Avg. Annual Appreciation
7.72%
Original Mortgage
$261,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2008
Sold by
Magdaleno Doug and Magdaleno Lisa
Bought by
Magdaleno Douglas G and Magdaleno Lisa A

Purchase Details

Closed on
Jun 9, 2008
Sold by
Maldonado Kelly
Bought by
The Bank Of New York Trust Co Na and Jpmorgan Chase Bank Na

Purchase Details

Closed on
Aug 26, 2005
Sold by
Maldonado Jaime
Bought by
Maldonado Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 25, 2005
Sold by
Schultz David and Gapinsky Cheryl A
Bought by
Maldonado Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 13, 2003
Sold by
Valentine Harry C and Valentine Ruby A
Bought by
Schultz David and Gapinski Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.4%
Mortgage Type
Seller Take Back
Source: Public Records

Similar Homes in Phoenix, AZ

  • 1120 E Beryl Ave, Phoenix, AZ 85020

    $360,000

    • 2 Beds
    • 2 Baths
    • 1,194 Sq Ft
    • 1120 E Beryl Ave
    • Phoenix, AZ

    Move in Ready! Enjoy resort style living between the mountains and lush green belts of Tapatio Cove. This home has 2 bedrooms and a den and is the perfect lock and leave home! The washer and dryer convey with full price or higher offer! Surround yourself with friendly neighbors, a lovely back patio, sparkling community pool, and the privacy and convenience unique to Pointe Tapatio. Relax on the

    Jennifer Taege Compass

    Section Image
  • 10626 N 8th St, Phoenix, AZ 85020

    $497,000

    • 2 Beds
    • 2 Baths
    • 1,527 Sq Ft
    • 10626 N 8th St
    • Phoenix, AZ

    12' ceilings and beautiful architectural details including clerestory windows which give the space a lot of natural light. Both bedrooms are private suites. Low maintenance, mature landscaping, and very private back yard. A beautiful place you can make home. Home furnishings are available in a separate bill of sale. Stanning New wood plank flooring recently installed in living and dining rooms.

    Ronit Urman Urman

    Section Image
  • 609 E Royal Palm Square S, Phoenix, AZ 85020

    $459,777

    • 2 Beds
    • 2 Baths
    • 1,439 Sq Ft
    • 609 E Royal Palm Square S
    • Phoenix, AZ

    UNICORN ALERT! So rare, but they do exist! This fantastic patio home really clicks all the boxes! Tucked in the back of this superb neighborhood is this single level home with the Goldilocks sized backyard! Pull into the 2 car carport and you will see why this one is special. 2 good size bedrooms, 2 full baths, updated modern kitchen, plenty of natural light and it just feels open and inviting.

    Nicholas Yale Brokers Hub Realty, LLC

    Section Image
  • 6 E Manzanita Dr, Phoenix, AZ 85020

    $379,000

    • 2 Beds
    • 2 Baths
    • 1,116 Sq Ft
    • 6 E Manzanita Dr
    • Phoenix, AZ

    An opportunity awaits with this charming patio home nestled in the heart of Phoenix's desirable North Central corridor, located right off the iconic Murphy Bridle Path. This 2-bed, 2-bath home offers 1,116 square feet of comfortable living space, perfect for those seeking a blend of convenience and community living. Enter into the private gated courtyard with plenty of room for dining &

    Katherine Fox The Brokery

    Section Image
  • 6103 N 13th St, Phoenix, AZ 85014

    $440,000

    • 2 Beds
    • 2 Baths
    • 1,819 Sq Ft
    • 6103 N 13th St
    • Phoenix, AZ

    Come see the large open floorplan this 2 bed, 2 bath patio home boasts in the beautiful Villa De Las Rosas subdivision. Home features newer cabinetry and countertops throughout. Your new home Showcases a stunning mid-century modern fireplace that highlights the charm of its early 1970s build. One of only four units in the community with a private patio. Enjoy the convenience of a two-car garage,

    Eric Fox Keller Williams Realty Sonoran Living

    Section Image
  • 5542 N 10th St, Phoenix, AZ 85014

    $415,000

    • 2 Beds
    • 1.5 Baths
    • 1,231 Sq Ft
    • 5542 N 10th St
    • Phoenix, AZ

    Looking for a stylish starter home or the perfect low-maintenance lifestyle in Phoenix? This beautifully remodeled patio home in Casa Nepenthe has it all; a bright and modern interior featuring a completely updated kitchen with sleek quartz countertops and custom cabinetry, plus an in-unit washer and dryer for added convenience. The open concept dining and living area moves easily into your

    Bobby Lieb Compass

    Section Image
  • 33 W Missouri Ave Unit 10, Phoenix, AZ 85013

    $440,000

    • 2 Beds
    • 2 Baths
    • 1,595 Sq Ft
    • 33 W Missouri Ave
    • Unit 10
    • Phoenix, AZ

    A rare find in the North Central Corridor, this charming single-level townhome puts you close to everything you love about Central Phoenix. With 2 bedrooms and 2 bathrooms, the layout offers great flow, vaulted ceilings, and abundant natural light. The interior was repainted and new carpet installed in 2025, while a new AC unit (2024) ensures year-round comfort. Enjoy a spacious front courtyard

    Joshua Hill Compass

    Section Image
  • 3415 N 36th St Unit 3, Phoenix, AZ 85018

    $395,000

    • 2 Beds
    • 2 Baths
    • 1,332 Sq Ft
    • 3415 N 36th St
    • Unit 3
    • Phoenix, AZ

    Welcome to Arcadia Lite living! This RARE charming 2-bedroom, 2-bathroom home is tucked away in La Ultima, a quiet and well-maintained community of just 18 homes. Enjoy a private, low-maintenance lifestyle in one of Phoenix's most desirable neighborhoods.Inside, you'll find an open-concept layout, spacious bedrooms, and a comfortable living area perfect for relaxing or entertaining. The

    Kristy McCullough HomeSmart

    Section Image
  • 3221 N 37th St Unit 10, Phoenix, AZ 85018

    $515,000

    • 2 Beds
    • 2.5 Baths
    • 1,490 Sq Ft
    • 3221 N 37th St
    • Unit 10
    • Phoenix, AZ

    Welcome Home!! This beautiful patio home boasts everything you've been looking for. It has recently been updated and upgraded with no item being over looked from the floors, to the kitchen, and bathrooms. This property is an end unit with a community grass area right out side your front door. There is an en-suite bedroom down stairs and an en-suite bedroom upstairs with a guest powder room down

    Andrew Davis My Home Group Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flood Craig $275,000 Old Republic Title Agency
Magdaleno Douglas G -- None Available
The Bank Of New York Trust Co Na $131,750 Security Title Agency
Maldonado Kelly -- Equity Title Agency Inc
Maldonado Kelly $238,000 Equity Title Agency Inc
Schultz David $150,000 Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flood Craig $280,000
Closed Flood Craig $261,250
Previous Owner Maldonado Kelly $190,400
Previous Owner Schultz David $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $275,000 0.0% $220 / Sq Ft
04/30/2019 04/30/19 Sold $275,000 -3.5% $220 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
03/28/2019 03/28/19 Pending -- -- --
03/08/2019 03/08/19 Price Changed $284,900 0.0% $228 / Sq Ft
03/08/2019 03/08/19 Price Changed $284,900 -1.4% $228 / Sq Ft
01/23/2019 01/23/19 For Sale $289,000 0.0% $232 / Sq Ft
01/23/2019 01/23/19 For Sale $289,000 -- $232 / 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 $1,224 $14,505 -- --
2024 $1,196 $13,815 -- --
2023 $1,196 $34,350 $6,870 $27,480
2022 $1,185 $25,030 $5,000 $20,030
2021 $1,204 $22,000 $4,400 $17,600
2020 $1,163 $21,760 $4,350 $17,410
2019 $1,168 $20,500 $4,100 $16,400
2018 $1,317 $18,460 $3,690 $14,770
2017 $1,263 $18,300 $3,660 $14,640
2016 $1,242 $15,620 $3,120 $12,500
2015 $1,150 $13,850 $2,770 $11,080
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5873455

Arizona Regional Multiple Listing Service (ARMLS)

APN: 165-08-002