2512 W Ocotillo Rd Phoenix, AZ 85017
Grandview Neighborhood
--
Bed
--
Bath
2,896
Sq Ft
0.25
Acres
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Individual Controls for Heating
- Washington High School Rated A-
About This Home
As of August 2021Cash Flow Deal tailor made for the investor. This 4plex is close to the freeway, and in a location with plenty of opportunity. All units 2b/1ba. High rents and room to continue to increase. PLEASE DO NOT DISTURB TENANTS.
Last Agent to Sell the Property
My Rental Superstore License #BR641200000 Listed on: 03/06/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,268
Year Built
- Built in 1959
Home Design
- Composition Roof
- Block Exterior
Flooring
- Ceramic Tile Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Schools
- Washington Elementary School
- Palo Verde Middle School
- Glendale High School
Utilities
- Cooling Available
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Legal Lot and Block 20 / 1
- Assessor Parcel Number 156-01-025-C
Community Details
Overview
- 4 Units
- Building Dimensions are Irregular
- Krall's Homesites Subdivision
Building Details
- Operating Expense $5,668
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2021
Closed on
Aug 12, 2021
Sold by
Cribbs Ian
Bought by
Ndtco
Seller's Agent
Jay Culton
HomeSmart
Buyer's Agent
Michael Bennett
ATLAS AZ, LLC
List Price
$539,900
Sold Price
$550,000
Premium/Discount to List
$10,100
1.87%
Total Days on Market
77
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
$60,838
Avg. Annual Appreciation
2.79%
Original Mortgage
$222,800
Outstanding Balance
$173,786
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$437,052
Purchase Details
Listed on
Mar 6, 2020
Closed on
Jun 30, 2020
Sold by
Cribbs Brenda and Cribbs Ian
Bought by
Cribbs Ian and Cribbs Brenda
Seller's Agent
Jason Mendoza
My Rental Superstore
Buyer's Agent
Penny Parker
Keller Williams Arizona Realty
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.06%
Original Mortgage
$255,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 6, 2020
Closed on
Jun 26, 2020
Sold by
Navarrete Maria Sandra
Bought by
Cribbs Ian
Seller's Agent
Jason Mendoza
My Rental Superstore
Buyer's Agent
Penny Parker
Keller Williams Arizona Realty
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 27, 2015
Closed on
Jun 24, 2015
Sold by
Navarrete Larry and Navarrete Maria Sandra
Bought by
Navarrete Maria Sandra
Seller's Agent
Daniel Shenkman
Keller Williams Realty Phoenix
Buyer's Agent
Daniel Shenkman
Keller Williams Realty Phoenix
List Price
$164,900
Sold Price
$156,000
Premium/Discount to List
-$8,900
-5.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%
Original Mortgage
$109,200
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2014
Sold by
1055 N Recker Unit 1232 Llc
Bought by
2512 W Ocotillo Llc
Purchase Details
Listed on
Jul 3, 2014
Closed on
Aug 27, 2014
Sold by
Nguyen Tam
Bought by
Mall Kaushal
Seller's Agent
Nga Gibson
West USA Realty
Buyer's Agent
Daniel Shenkman
Keller Williams Realty Phoenix
List Price
$139,900
Sold Price
$139,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.67%
Original Mortgage
$97,930
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 30, 2009
Sold by
Pham Julie Khanh Kim Thi
Bought by
Nguyen Tam
Purchase Details
Closed on
Aug 7, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Khanh Julie and Pham Kim Thi
Purchase Details
Closed on
Jun 1, 2009
Sold by
Rodriguez Rigoberto
Bought by
Federal Home Loan Mortgage Corp
Purchase Details
Closed on
Jan 17, 2007
Sold by
Valdovinos Bolivar and Gallegos Elvira Moras
Bought by
Rodriguez Rigoberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.19%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Dec 11, 2006
Sold by
Rodriguez Patricia J
Bought by
Rodriguez Rigoberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.19%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Mar 23, 2004
Sold by
Vega Francisco A
Bought by
Valdovinos Bolivar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 15, 2000
Sold by
Navas Edwin A
Bought by
Vega Francisco A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,107
Interest Rate
8.18%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 15, 1994
Sold by
Deciutiis Ernest and Deciutiis Laura
Bought by
Navas Edwin A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,301
Interest Rate
8.9%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 10, 1994
Sold by
Stephenson James P and Stephenson Elizabeth A
Bought by
Deciutiis Ernest and Deciutiis Laura
Similar Homes in Phoenix, AZ
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 | $550,000 | First Integrity Ttl Agcy Of | |
| Interfamily Deed Transfer | -- | Valleywide Title Agency | |
| Warranty Deed | $340,000 | Valleywide Title Agency | |
| Interfamily Deed Transfer | -- | First Arizona Title Agency | |
| Warranty Deed | $156,000 | First Arizona Title Agency | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | $139,900 | First American Title Ins Co | |
| Cash Sale Deed | $70,000 | American Title Service Agenc | |
| Cash Sale Deed | $70,000 | Great American Title Agency | |
| Trustee Deed | $81,000 | Servicelink | |
| Warranty Deed | $325,000 | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | Capital Title Agency Inc | |
| Warranty Deed | $203,000 | Fidelity National Title | |
| Warranty Deed | $133,000 | Capital Title Agency | |
| Warranty Deed | $78,000 | Fidelity Title | |
| Cash Sale Deed | $70,000 | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $222,800 | New Conventional | |
| Previous Owner | $255,000 | New Conventional | |
| Previous Owner | $109,200 | New Conventional | |
| Previous Owner | $97,930 | New Conventional | |
| Previous Owner | $48,750 | Stand Alone Second | |
| Previous Owner | $260,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $162,400 | Purchase Money Mortgage | |
| Previous Owner | $132,107 | FHA | |
| Previous Owner | $77,301 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2021 08/16/21 | Sold | $550,000 | +1.9% | $190 / Sq Ft |
| 07/13/2021 07/13/21 | Price Changed | $539,900 | 0.0% | $186 / Sq Ft |
| 06/03/2021 06/03/21 | Pending | -- | -- | -- |
| 05/28/2021 05/28/21 | For Sale | $539,900 | +58.8% | $186 / Sq Ft |
| 06/30/2020 06/30/20 | Sold | $340,000 | -4.2% | $117 / Sq Ft |
| 05/22/2020 05/22/20 | Pending | -- | -- | -- |
| 05/22/2020 05/22/20 | Price Changed | $355,000 | 0.0% | $123 / Sq Ft |
| 05/20/2020 05/20/20 | Pending | -- | -- | -- |
| 05/12/2020 05/12/20 | Price Changed | $355,000 | -1.1% | $123 / Sq Ft |
| 03/30/2020 03/30/20 | For Sale | $359,000 | 0.0% | $124 / Sq Ft |
| 03/13/2020 03/13/20 | Pending | -- | -- | -- |
| 03/06/2020 03/06/20 | For Sale | $359,000 | +130.1% | $124 / Sq Ft |
| 06/26/2015 06/26/15 | Sold | $156,000 | -5.4% | $54 / Sq Ft |
| 05/03/2015 05/03/15 | Pending | -- | -- | -- |
| 04/27/2015 04/27/15 | For Sale | $164,900 | +17.9% | $57 / Sq Ft |
| 09/03/2014 09/03/14 | Sold | $139,900 | 0.0% | $48 / Sq Ft |
| 07/06/2014 07/06/14 | Pending | -- | -- | -- |
| 07/01/2014 07/01/14 | For Sale | $139,900 | -- | $48 / 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 | $1,377 | $11,263 | -- | -- |
| 2024 | $1,352 | $10,726 | -- | -- |
| 2023 | $1,352 | $38,520 | $7,700 | $30,820 |
| 2022 | $1,308 | $29,610 | $5,920 | $23,690 |
| 2021 | $1,325 | $26,370 | $5,270 | $21,100 |
| 2020 | $1,292 | $22,200 | $4,440 | $17,760 |
| 2019 | $1,268 | $18,380 | $3,670 | $14,710 |
| 2018 | $1,235 | $14,980 | $2,990 | $11,990 |
| 2017 | $1,229 | $14,710 | $2,940 | $11,770 |
| 2016 | $1,207 | $12,280 | $2,450 | $9,830 |
| 2015 | $1,117 | $10,660 | $2,130 | $8,530 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Culton
Seller's Agent in 2021
Jay Culton
HomeSmart
(602) 616-5999
1 in this area
81 Total Sales
-
Michael Bennett
Buyer's Agent in 2021
Michael Bennett
ATLAS AZ, LLC
(805) 886-0098
1 in this area
49 Total Sales
-
Larry Burr
L
Buyer Co-Listing Agent in 2021
Larry Burr
ATLAS AZ, LLC
(480) 828-3283
1 in this area
94 Total Sales
-
Jason Mendoza
J
Seller's Agent in 2020
Jason Mendoza
My Rental Superstore
(602) 327-5584
1 in this area
29 Total Sales
-
Penny Parker
Buyer's Agent in 2020
Penny Parker
Keller Williams Arizona Realty
(602) 697-9638
2 in this area
85 Total Sales
-
D
Seller's Agent in 2015
Daniel Shenkman
Keller Williams Realty Phoenix
(480) 751-5300
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6048535
APN: 156-01-025C
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
Nearby Homes
- 2522 W Ocotillo Rd Unit 17
- 6728 N 24th Dr
- 2625 W Ocotillo Rd Unit 4
- 2629 W Ocotillo Rd Unit 3
- 2619 W Lamar Rd
- 2633 W Ocotillo Rd Unit 3
- 6714 N 26th Dr
- 2687 W Ocotillo Rd Unit 21
- 6713 N 27th Ave
- 2732 W Lamar Rd
- 7022 N 26th Dr
- 2808 W Lawrence Rd
- 7109 N 25th Dr
- 6316 N 23rd Ave
- 2831 W Margy Ct
- 2206 W Glendale Ave
- 6825 N 29th Ave
- 2308 W Marlette Ave
- 6849 N 29th Ave
- 7110 N 28th Dr