Seller's Agent in 2019
Carrick Sears
SVN/Desert Commercial Advisors
(602) 327-0325
1 in this area
19 Total Sales
2601 E Monte Cristo Ave Phoenix, AZ 85032
Paradise Valley Village Neighborhood
--
Bed
--
Bath
2,093
Sq Ft
8,451
Sq Ft Lot
Highlights
- Multiple cooling system units
- Ceramic Tile Flooring
- Central Heating and Cooling System
About This Home
As of December 2019MULTIFAMILY TRI-PLEX INVESTMENT OPPORTUNITY PROVIDING IMMEDIATE CASH-FLOW! This is a great Tri-Plex with all Two Bedroom/One Bath units. Each unit has a secure, gated front patio entrance, and private back yard area. All of the units have ceramic tile floors, and are in good shape. Rents are way below market, new buyer has significant upside. This is a very desirable rental area, and units rent quickly. There is also access to employment, entertainment, transportation, parks, and schools very near by. Property has extra land to the east of patio fenceline, and also a closed off alley in back that could be utilized for more parking or even to build carports or storage units.
Last Agent to Sell the Property
SVN/Desert Commercial Advisors License #BR633405000 Listed on: 10/22/2019
Last Buyer's Agent
SVN/Desert Commercial Advisors License #BR633405000 Listed on: 10/22/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $601
Year Built
- Built in 1962
Home Design
- Composition Roof
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- On-Street Parking
Schools
- Abraham Lincoln Traditional Elementary School
- Paradise Valley High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Multiple Heating Units
- Heating System Uses Natural Gas
- Heat Pump System
Listing and Financial Details
- Tenant pays for gas, electricity, cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 8
- Assessor Parcel Number 214-40-042
Community Details
Overview
- 3 Units
- Building Dimensions are 8427
- Jolly Acres Subdivision
Building Details
- Operating Expense $5,401
- Gross Income $23,940
- Net Operating Income $18,539
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2019
Closed on
Dec 13, 2019
Sold by
2601 E Monte Cristo Llc
Bought by
Alexander Joseph S
Seller's Agent
Carrick Sears
SVN/Desert Commercial Advisors
Buyer's Agent
Carrick Sears
SVN/Desert Commercial Advisors
List Price
$270,000
Sold Price
$260,000
Premium/Discount to List
-$10,000
-3.7%
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
$240,949
Avg. Annual Appreciation
11.99%
Original Mortgage
$195,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 2017
Sold by
Pitts Jason L
Bought by
2601 E Monte Cristo Llc
Purchase Details
Listed on
Sep 1, 2016
Closed on
Oct 21, 2016
Sold by
Dowd Pitts Patricia and Pitts Jason L
Bought by
Pitts Jason L
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Terry Kass
Coldwell Banker Commercial Realty
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%
Original Mortgage
$105,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2013
Sold by
Lucy Charm 2 Llc
Bought by
Perez Perfect Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.18%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 12, 2013
Sold by
Perfect Storm Real Estate Investments Ll
Bought by
Lucky Charm 2 Llc
Purchase Details
Listed on
Jan 18, 2012
Closed on
Mar 23, 2012
Sold by
Pm Properties Southwest Llc
Bought by
Mee Patrick and Mee Sandra
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$49,000
Sold Price
$40,000
Premium/Discount to List
-$9,000
-18.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.57%
Original Mortgage
$39,000
Interest Rate
3.84%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 5, 2006
Sold by
Mee Patrick and Mee Sandra
Bought by
Pm Properties Southwest Llc
Purchase Details
Closed on
Jun 6, 2005
Sold by
Molitor Kristina
Bought by
Mee Patrick and Mee Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 5, 2002
Sold by
Holub George and Holub Emily E
Bought by
Molitor Kristina
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
Interest Rate
6.28%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 21, 2001
Sold by
Jolly Acres Llc
Bought by
Holub George and Holub Emily E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.84%
Purchase Details
Closed on
Dec 27, 1999
Sold by
Flores Jeffrey R and Flores Kathleen D
Bought by
Holub George and Holub Emily E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,850
Interest Rate
7.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 1999
Sold by
Dunn James E and Dunn Velma Elaine
Bought by
Flores Jeffrey R and Flores Kathleen D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.63%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $260,000 | Empire West Title Agency Llc | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Pioneer Title Agency Inc | |
| Warranty Deed | $140,000 | Pioneer Title Agency Inc | |
| Special Warranty Deed | $290,000 | American Title Service Agenc | |
| Quit Claim Deed | -- | American Title Service Agenc | |
| Special Warranty Deed | -- | Chicago Title | |
| Warranty Deed | $40,000 | Chicago Title | |
| Special Warranty Deed | $205,900 | None Available | |
| Warranty Deed | $205,900 | Tsa Title Agency | |
| Warranty Deed | $150,000 | Transnation Title Insurance | |
| Special Warranty Deed | -- | Stewart Title & Trust Phoeni | |
| Warranty Deed | $121,114 | Stewart Title & Trust | |
| Warranty Deed | $74,500 | Stewart Title & Trust |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $195,000 | New Conventional | |
| Previous Owner | $105,000 | New Conventional | |
| Previous Owner | $232,000 | FHA | |
| Previous Owner | $46,300 | New Conventional | |
| Previous Owner | $164,700 | New Conventional | |
| Previous Owner | $120,000 | New Conventional | |
| Previous Owner | $116,000 | No Value Available | |
| Previous Owner | $96,850 | New Conventional | |
| Previous Owner | $52,500 | New Conventional | |
| Closed | $12,111 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2019 12/16/19 | Sold | $260,000 | -3.7% | $124 / Sq Ft |
| 11/10/2019 11/10/19 | Pending | -- | -- | -- |
| 10/22/2019 10/22/19 | For Sale | $270,000 | +86.2% | $129 / Sq Ft |
| 09/16/2016 09/16/16 | Sold | $145,000 | -2.7% | $69 / Sq Ft |
| 09/07/2016 09/07/16 | Pending | -- | -- | -- |
| 08/30/2016 08/30/16 | For Sale | $149,000 | 0.0% | $71 / Sq Ft |
| 10/21/2015 10/21/15 | Rented | $500 | 0.0% | -- |
| 10/06/2015 10/06/15 | Under Contract | -- | -- | -- |
| 09/25/2015 09/25/15 | For Rent | $500 | +25.3% | -- |
| 08/15/2014 08/15/14 | Rented | $399 | -20.0% | -- |
| 08/13/2014 08/13/14 | Under Contract | -- | -- | -- |
| 06/25/2014 06/25/14 | For Rent | $499 | 0.0% | -- |
| 03/29/2012 03/29/12 | Sold | $40,000 | -18.4% | $19 / Sq Ft |
| 03/01/2012 03/01/12 | Pending | -- | -- | -- |
| 01/10/2012 01/10/12 | For Sale | $49,000 | -- | $23 / 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 | $637 | $6,401 | -- | -- |
| 2024 | $624 | $6,096 | -- | -- |
| 2023 | $624 | $27,730 | $5,540 | $22,190 |
| 2022 | $618 | $22,570 | $4,510 | $18,060 |
| 2021 | $619 | $18,580 | $3,710 | $14,870 |
| 2020 | $600 | $16,310 | $3,260 | $13,050 |
| 2019 | $601 | $13,130 | $2,620 | $10,510 |
| 2018 | $581 | $11,320 | $2,260 | $9,060 |
| 2017 | $557 | $10,380 | $2,070 | $8,310 |
| 2016 | $548 | $8,450 | $1,690 | $6,760 |
| 2015 | $507 | $7,100 | $1,420 | $5,680 |
Source: Public Records
Agents Affiliated with this Home
-
Carrick Sears
-
Terry Kass
Seller's Agent in 2016
Terry Kass
Coldwell Banker Commercial Realty
(602) 330-2525
1 in this area
23 Total Sales
-
M
Seller Co-Listing Agent in 2016
Mark Skelpsa
HomeSmart Realty
-
Jason Mendoza
J
Seller's Agent in 2015
Jason Mendoza
My Rental Superstore
(602) 327-5584
19 Total Sales
-
Ronni Zeigler
Buyer's Agent in 2014
Ronni Zeigler
Realty One Group
(480) 330-6745
2 in this area
29 Total Sales
-
L
Seller's Agent in 2012
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5995330
APN: 214-40-042
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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