J
Seller's Agent in 2024
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
(602) 672-3526
7 in this area
51 Total Sales
1509 E Oak St Phoenix, AZ 85006
Coronado NeighborhoodEstimated Value: $720,388
--
Bed
--
Bath
2,391
Sq Ft
$301/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceiling Fan
- Heat Pump System
- Phoenix Coding Academy Rated A
- Vinyl Flooring
About This Home
As of November 2024Fully remodeled triplex in the sought-after Coronado Historic District of Midtown Phoenix. Close to Phoenix Children's Hospital & Phoenix Country Club. Tastefully upgraded recently with high-quality finishes. The units include SS appliances with dishwashers & stacked washer/dryer packages. Coveted unit mix of all 2 bedroom units (800 sf +/-) with separate electric. Rents are $1500-$1600/unit. Highly-stabilized with strong leases in place. Professionally managed. Just a 1/2 block to a new construction $1.1 mil house for sale. Offered individually or buy as a combination. Also available on the same block is 1501; 1505; 1521 (E); 1521 (W); & 1527 E. Oak. All triplexes have similar finishes/upgrades. CAP rates range from 5.99 to 6.28.
Last Listed By
Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 07/16/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,133
Year Built
- Built in 1957
Lot Details
- Property fronts an alley
- Additional Parcels
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Vinyl Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- On-Street Parking
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 1
- Assessor Parcel Number 117-18-103
Community Details
Overview
- 3 Units
- Building Dimensions are 6788
- Ranchitos Bonitas Lots 1 4 Subdivision
Building Details
- Operating Expense $8,427
- Gross Income $55,290
- Net Operating Income $46,434
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2024
Closed on
Nov 21, 2024
Sold by
1501-1527 East Oak Street Llc and Ng Properties Az Llc
Bought by
Oak Street Az Llc
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Melissa Barlow
West USA Realty
List Price
$739,000
Sold Price
$726,500
Premium/Discount to List
-$12,500
-1.69%
Total Days on Market
75
Views
3
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
-$6,112
Avg. Annual Appreciation
-2.77%
Original Mortgage
$546,000
Outstanding Balance
$544,975
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$173,203
Purchase Details
Closed on
Apr 25, 2022
Sold by
Horn Ramona Properties Llc
Bought by
1501-1527 East Oak Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,970,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 19, 2020
Sold by
Horn Cheryl and Horn Gavin Bernard
Bought by
Horn Ramona Properties Llc
Purchase Details
Closed on
Sep 25, 2019
Sold by
Oak Tree Arizona Llc
Bought by
Horn Cheryl and Horn Gavin Bernard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 13, 2017
Sold by
Spb At 1501 E Oak Llc
Bought by
Oak Tree Arizona Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,000
Interest Rate
3.88%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 20, 2015
Sold by
Regus Emanuela and Regus Adrian
Bought by
Spb Consultants Of Az Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 10, 2012
Sold by
Regus Adria and Regus Emanuela
Bought by
Regus Adrian and Regus Emanuel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.63%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Sep 21, 2010
Sold by
Regus Emanuela
Bought by
Regus Adrian
Purchase Details
Closed on
Sep 16, 2010
Sold by
Achi Ali
Bought by
Matar Eyad
Purchase Details
Closed on
Sep 8, 2010
Sold by
Matar Eyad
Bought by
Regus Adrian
Purchase Details
Closed on
Jan 14, 2005
Sold by
Trahan David E
Bought by
Matar Eyad and Achi Sali
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,760
Interest Rate
6.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 8, 2004
Sold by
Oak Street Properties Llc
Bought by
Trahan David E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2004
Sold by
Werner Andrew
Bought by
Oak Street Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 21, 2004
Sold by
Nbi Llc
Bought by
Kodrantes Capital Ltd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 23, 2004
Sold by
Werner Jaime
Bought by
Werner Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 23, 2003
Sold by
Johnson Eric
Bought by
Nbi Llc
Purchase Details
Closed on
Mar 7, 2002
Sold by
Malone Constantino V
Bought by
Johnson Eric
Purchase Details
Closed on
Sep 13, 2000
Sold by
Priority Investments Inc
Bought by
Malone Constantino
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.11%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 11, 1994
Sold by
Wenning Kenneth W and Wenning Edna V
Bought by
Oak Tree Partners Inc
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oak Street Az Llc | $726,500 | Pioneer Title Agency | |
| 1501-1527 East Oak Street Llc | $450,000 | Fidelity National Title | |
| Horn Ramona Properties Llc | -- | None Available | |
| Horn Cheryl | $308,000 | Fidelity Natl Ttl Agcy Inc | |
| Oak Tree Arizona Llc | $1,115,000 | American Title Service Agenc | |
| Spb Consultants Of Az Llc | $750,000 | Grand Canyon Title Agency | |
| Regus Adrian | -- | Chicago Title Agency Inc | |
| Regus Adrian | -- | Chicago Title | |
| Matar Eyad | -- | Chicago Title | |
| Regus Adrian | $35,000 | Chicago Title | |
| Matar Eyad | $209,700 | Capital Title Agency Inc | |
| Trahan David E | $190,000 | Lawyers Title Ins | |
| Oak Street Properties Llc | -- | -- | |
| Kodrantes Capital Ltd | -- | Lawyers Title Ins | |
| Werner Andrew | -- | Lawyers Title Ins | |
| Werner Andrew J | $210,000 | Lawyers Title Ins | |
| Nbi Llc | $115,201 | -- | |
| Johnson Eric | -- | Stewart Title & Trust | |
| Malone Constantino | $130,000 | Stewart Title & Trust | |
| Oak Tree Partners Inc | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oak Street Az Llc | $546,000 | |
| Previous Owner | 1501-1527 East Oak Street Llc | $630,000 | |
| Previous Owner | 1501-1527 East Oak Street Llc | $2,970,000 | |
| Previous Owner | Horn Cheryl | $231,000 | |
| Previous Owner | Oak Tree Arizona Llc | $717,000 | |
| Previous Owner | Oak Tree Arizona Llc | $717,000 | |
| Previous Owner | 1521 E Oak Llc | $650,000 | |
| Previous Owner | Spb Consultants Of Az Llc | $337,500 | |
| Previous Owner | Spb Consultants Of Az Llc | $337,500 | |
| Previous Owner | Regus Adrian | $325,000 | |
| Previous Owner | Matar Eyad | $190,000 | |
| Previous Owner | Matar Eyad | $167,760 | |
| Previous Owner | Trahan David E | $142,500 | |
| Previous Owner | Kodrantes Capital Ltd | $168,000 | |
| Previous Owner | Werner Andrew J | $168,000 | |
| Previous Owner | Malone Constantino | $104,000 | |
| Closed | Trahan David E | $28,450 | |
| Closed | Matar Eyad | $20,960 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/26/2024 11/26/24 | Sold | $726,500 | -1.7% | $304 / Sq Ft |
| 10/04/2024 10/04/24 | Pending | -- | -- | -- |
| 07/20/2024 07/20/24 | For Sale | $739,000 | -- | $309 / 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 | $1,144 | $8,552 | -- | -- |
| 2024 | $1,133 | $8,145 | -- | -- |
| 2023 | $1,133 | $35,860 | $7,170 | $28,690 |
| 2022 | $1,092 | $27,700 | $5,540 | $22,160 |
| 2021 | $1,084 | $27,680 | $5,530 | $22,150 |
| 2020 | $1,097 | $20,620 | $4,120 | $16,500 |
| 2019 | $1,095 | $16,920 | $3,380 | $13,540 |
| 2018 | $1,076 | $13,360 | $2,670 | $10,690 |
| 2017 | $1,051 | $13,000 | $2,600 | $10,400 |
| 2016 | $1,021 | $10,710 | $2,140 | $8,570 |
| 2015 | $945 | $9,120 | $1,820 | $7,300 |
Source: Public Records
Agents Affiliated with this Home
-
James Stephens
-
Melissa Barlow
M
Buyer's Agent in 2024
Melissa Barlow
West USA Realty
(310) 387-0482
6 in this area
12 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6733893
APN: 117-18-103
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
- 2402 N 15th St
- 2141 E Monte Vista Rd Unit 10
- 2230 N 14th Place
- 1445 E Monte Vista Rd
- 2531 N 15th St
- 1642 E Monte Vista Rd Unit 9
- 1642 E Monte Vista Rd Unit 5
- 1642 E Monte Vista Rd Unit 4
- 1325 E Monte Vista Rd
- 1301 E Sheridan St
- 2017 N 17th St
- 2232 N 13th St
- 1402 E Granada Rd
- 2618 N 15th St
- 1628 E Granada Rd
- 1413 E Windsor Ave
- 2315 N 12th St
- 2701 N 16th St Unit 108
- 1261 E Cambridge Ave
- 1529 E Edgemont Ave