1502 W North Ln Phoenix, AZ 85021
North Mountain Village Neighborhood
--
Bed
--
Bath
1,651
Sq Ft
7,449
Sq Ft Lot
Highlights
- Evaporated cooling system
- Ceiling Fan
- Multiple Heating Units
- Sunnyslope High School Rated A
- Vinyl Flooring
About This Home
As of September 2024Seller is offering $6,500 to take advantage of lower rates! This multi-dwelling unit is a prime investment opportunity for those seeking long-term, stable tenants already in place. Both units features 3 bedrooms and 1 bathroom. The interior is fully renovated, showcasing contemporary finishes and high-quality materials that enhance comfort and appeal. Designed for lasting value, this property offers investors the advantage of minimal maintenance and strong rental demand. The thoughtful upgrades and prime location make it a desirable home for tenants looking for a permanent residence, ensuring steady, reliable returns on investment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $680
Year Built
- Built in 1961
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Vinyl Flooring
Parking
- 2 Parking Spaces
- 1 Covered Space
- Common or Shared Parking
Utilities
- Evaporated cooling system
- Multiple cooling system units
- Multiple Heating Units
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Master Water Meter
Listing and Financial Details
- Tenant pays for gas, electricity, cable TV
- The owner pays for gas, electricity
- Tax Lot 20
- Assessor Parcel Number 158-35-020
Community Details
Overview
- 2 Units
- Building Dimensions are 7434
- Skycrest Subdivision
Building Details
- Operating Expense $680
- Gross Income $38,400
- Net Operating Income $2,791
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | Sold | $457,500 | -6.3% | $277 / Sq Ft |
| 09/03/2024 09/03/24 | Pending | -- | -- | -- |
| 08/19/2024 08/19/24 | Price Changed | $488,000 | -2.4% | $296 / Sq Ft |
| 07/31/2024 07/31/24 | For Sale | $500,000 | 0.0% | $303 / Sq Ft |
| 07/18/2024 07/18/24 | Pending | -- | -- | -- |
| 07/18/2024 07/18/24 | For Sale | $500,000 | -- | $303 / 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 | $692 | $5,661 | -- | -- |
| 2024 | $680 | $5,392 | -- | -- |
| 2023 | $680 | $29,170 | $5,830 | $23,340 |
| 2022 | $658 | $20,330 | $4,060 | $16,270 |
| 2021 | $666 | $17,500 | $3,500 | $14,000 |
| 2020 | $650 | $15,400 | $3,080 | $12,320 |
| 2019 | $638 | $12,370 | $2,470 | $9,900 |
| 2018 | $621 | $10,350 | $2,070 | $8,280 |
| 2017 | $618 | $8,900 | $1,780 | $7,120 |
| 2016 | $606 | $8,160 | $1,630 | $6,530 |
| 2015 | $562 | $6,970 | $1,390 | $5,580 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $171,200 | New Conventional | |
| Previous Owner | $169,600 | Purchase Money Mortgage | |
| Previous Owner | $169,600 | Purchase Money Mortgage | |
| Previous Owner | $99,300 | Unknown | |
| Previous Owner | $71,512 | FHA |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $275,000 | Title Alliance Of Phoenix Ag | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Arizona Title Agency Inc | |
| Warranty Deed | $212,000 | Arizona Title Agency Inc | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Similar Home in Phoenix, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6728656
APN: 158-35-020
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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