$2,720,000
SOLD FEB 28, 2025

1727 W Mountain View Rd Phoenix, AZ 85021

North Mountain Village Neighborhood
-- Bed
-- Bath
810 Sq Ft
0.48 Acres

Recently Sold

$3,358 Per Sq Ft

8% Below List Price

1 Day on Market

Highlights

  • Community Barbecue Grill
  • Ceramic Tile Flooring
  • Heat Pump System
  • Sunnyslope High School Rated A
  • Central Air

About This Home

As of February 2025

Mountain View Apartments is a 2-story, 16-unit multifamily opportunity located within the heart of the North Mountain Submarket in Phoenix. Built in 1985 and fully renovated in 2019-2021 both inside and out leaves an excellent operational value-add for future ownership. The property includes 100% spacious 2bedroom/1bath units catering to a wide range of tenants. Units benefit from modern wood-look tile flooring, white kitchen cabinets and vanities, granite countertops, stainless steel appliances, contemporary fixtures, in-unit washer and dryers and dual pane windows. Complex-wide has seen improvements such as repaved parking lot, remote security cameras, and BBQ for tenants to enjoy.

Last Agent to Sell the Property

Colt Siler

Orion Investment Real Estate License #SA691810000

Co-Listed By

Garrett Hemeyer

Orion Investment Real Estate License #SA684184000

Last Buyer's Agent

Kevin McGowin

Go Win Property Management License #BR687250000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,102

Year Built

  • Built in 1985

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 22 Open Parking Spaces
  • 22 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • The owner pays for electricity, trash collection, water, sewer, landscaping
  • Tax Lot 7
  • Assessor Parcel Number 158-21-067

Community Details

Overview

  • 2 Buildings
  • 16 Units
  • Building Dimensions are Normal
  • Idle Ease Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $6,102
  • Gross Income $237,692
  • Net Operating Income $182,061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,102

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 19th Avenue & Mountain View Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2024
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: mlso106
  • Co List Office Phone: 480-634-6934
  • Subdivision Name: IDLE EASE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 22.0
  • Total Parking Spaces: 22.0
  • General Property Description:Uncvrd Parking Spcs: 22.0
  • General Property Description:Total Parking Spcs: 22.0
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Central A/C
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Community Amenities:Barbecue: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: Normal
  • Additional Parcels: No
  • Parcel #: 158-21-067

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: None
  • Number Of Units Total: 16
  • Annual Gross Income: 237692.16
  • Property Net Operating Income: 182061.0
  • Annual Operating Expense: 6102.0
  • Vacancy Allowance Rate: 0.06

Tax Info

  • Tax Annual Amount: 6102.0
  • Tax Book Number: 158.00
  • Tax Lot: 7

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $2,720,000 -8.1% $3,358 / Sq Ft
02/18/2025 02/18/25 For Sale $2,960,000 +1.2% $3,654 / Sq Ft
08/13/2021 08/13/21 Sold $2,925,000 -5.6% $3,611 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $3,100,000 +6.0% $3,827 / Sq Ft
07/21/2021 07/21/21 Off Market $2,925,000 -- --
05/19/2021 05/19/21 Price Changed $3,100,000 -4.6% $3,827 / Sq Ft
04/20/2021 04/20/21 For Sale $3,250,000 0.0% $4,012 / Sq Ft
03/02/2015 03/02/15 Rented $499 +0.8% --
03/02/2015 03/02/15 Under Contract -- -- --
12/05/2013 12/05/13 For Rent $495 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6822334

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85021 North Mountain Village

1727 W Mountain View Rd, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1727 W Mountain View Rd, Phoenix, AZ 85021 and is currently priced at $2,720,000, approximately $3,358 per square foot. This property was built in 1985. 1727 W Mountain View Rd is a home located in Maricopa County with nearby schools including Mountain View Elementary School, Sunnyslope High School, and Bennett Academy – Venture Site.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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