NOT LISTED FOR SALE

Estimated Value: $585,000 - $703,620

Studio
-- Bath
2,112 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $600,000 $284 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,694/month

1 Day on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of March 2022

Property Id: 1568230

Charming Mid-Century duplex home in the highly sought after Biltmore Area. The unit does have its own small backyard with 1 covered carport parking space, plenty of street parking available. Washer/Dryer included and located in a detached storage room. Recent upgrades include newer carpet, fresh 3 tone paint, new bathroom vanity & fixtures, new ceiling fans in bedrooms and family room. Unit recently had a new roof installed and the plumbing and electrical systems upgraded.

Lease is offered on month-to-month basis with option to extend for year after 90 days. Landlord pays for Water/Sewer/Trash and Landscaping. Tenant Pays SRP Electric, SW Gas and Internet. Must be able to show proof of income (W2/Bank Statements, Employment Contract etc.) and fill out background/credit check application. (non refundable). Credit score must be 650 or higher. No Evictions, Felonies, or smoking in house. Renters insurance mandatory. 1 cat or small dog (less than 25lbs) allowed. No other pets allowed.

Last Agent to Sell the Property

Paul Brown

HomeSmart License #SA642554000 Listed on: 01/20/2022

HomeSmart

Last Buyer's Agent

Chris Scott

HomeSmart License #SA650343000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1956

Lot Details

  • 8,538

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 10
  • Assessor Parcel Number 164-56-042

Community Details

Overview

  • 2 Units
  • Building Dimensions are 122 x 71
  • Subdivision Of The South Half Of Sec 15 T2n R3e Ne

Building Details

  • Operating Expense $2,368

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,368

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: Camelback and 20th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 1
  • Year Built: 1956
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: SUBDIVISION OF THE SOUTH HALF OF SEC 15 T2N R3E NE
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Brick, Frame - Wood
  • Roof: See Remarks
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other

Association/Amenities

  • Community Amenities:Other18: Yes

Lot Info

  • Lot Size: 122 x 71
  • Additional Parcels: No
  • Parcel #: 164-56-042

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Operating Expense: 2368.0

Tax Info

  • Tax Annual Amount: 2368.0
  • Tax Book Number: 164.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Feb 1, 2022
Sold by
Brown Melodi S
Bought by
Valente Kevin Eric
Seller's Agent
Paul Brown
HomeSmart
Buyer's Agent
Chris Scott
HomeSmart
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$662,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,143
Avg. Annual Appreciation
1.96%
Original Mortgage
$450,000
Outstanding Balance
$418,561
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$228,094

Purchase Details

Closed on
Feb 23, 2021
Sold by
Ada O Ii Llc
Bought by
Brown Melodi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2013
Sold by
Ognjanov John O
Bought by
Ada O Ii Llc

Purchase Details

Closed on
Sep 3, 2002
Sold by
Ognjanov John O
Bought by
Oreb Ada

Purchase Details

Closed on
Sep 12, 1994
Sold by
Mcdonald David L
Bought by
Oreb Ada and Ognjanov John O
Source: Public Records
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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
Valente Kevin Eric $600,000 American Title Services
Brown Melodi S $300,000 Lawyers Title Of Arizona Inc
Ada O Ii Llc -- None Available
Oreb Ada -- --
Oreb Ada $85,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valente Kevin Eric $450,000
Previous Owner Brown Melodi S $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Off Market $1,800 -- --
09/27/2024 09/27/24 For Rent $1,800 0.0% --
09/04/2024 09/04/24 For Rent $1,800 0.0% --
03/04/2022 03/04/22 Sold $600,000 0.0% $284 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $600,000 -- $284 / 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 $2,770 $20,892 -- --
2024 $2,574 $19,897 -- --
2023 $2,574 $45,050 $9,010 $36,040
2022 $2,336 $42,570 $8,510 $34,060
2021 $2,368 $40,280 $8,050 $32,230
2020 $2,331 $36,920 $7,380 $29,540
2019 $2,280 $27,900 $5,580 $22,320
2018 $2,224 $24,230 $4,840 $19,390
2017 $2,117 $21,280 $4,250 $17,030
2016 $2,044 $19,600 $3,920 $15,680
2015 $1,903 $19,120 $3,820 $15,300
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6344638

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-56-042