3430 E Cambridge Ave Phoenix, AZ 85008
Camelback East Village NeighborhoodHighlights
- Cooling System Mounted To A Wall/Window
- Ceiling Fan
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
- Carpet
About This Home
As of December 2024Incredible Multi-Family Investment Opportunity in Central Phoenix Endless possibilities await with this prime multi-family lot, offering three fully-functional units on one spacious parcel.Located in the heart of Central Phoenix, this property includes Two 3Bedroom,1Bath Homes Perfect for family living or rental income potentialDuplex Featuring a 2-Bedroom, 1-Bath unit and a 1-Bedroom,1-Bath unit, ideal for additional rental income or flexible living arrangements.The expansive lot provides ample space for potential development, whether you're looking to build new units or add on to the existing structures. With a central location just minutes away from downtown Phoenix, major freeways, shopping, dining, and entertainment, this property offers unbeatable convenience.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,937
Year Built
- Built in 1956
Home Design
- Wood Frame Construction
- Composition Roof
- Foam Roof
- Stucco
Interior Spaces
- Ceiling Fan
Flooring
- Carpet
- Vinyl
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
- The owner pays for landscaping
- Tax Lot 13
- Assessor Parcel Number 120-03-059-E
Community Details
Overview
- 3 Buildings
- 4 Units
- Building Dimensions are 120x170
- Taber Tract Subdivision
Building Details
- Operating Expense $1,937
- Gross Income $89,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $883,500 | -8.8% | $368 / Sq Ft |
| 12/04/2024 12/04/24 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | Price Changed | $969,000 | -0.6% | $404 / Sq Ft |
| 09/19/2024 09/19/24 | For Sale | $975,000 | +160.0% | $406 / Sq Ft |
| 04/22/2019 04/22/19 | Sold | $375,000 | 0.0% | $156 / Sq Ft |
| 04/01/2019 04/01/19 | For Sale | $375,000 | -- | $156 / Sq Ft |
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 | $1,959 | $15,073 | -- | -- |
| 2024 | $1,937 | $14,355 | -- | -- |
| 2023 | $1,937 | $61,220 | $12,130 | $49,090 |
| 2022 | $1,861 | $45,840 | $9,080 | $36,760 |
| 2021 | $1,906 | $39,160 | $7,760 | $31,400 |
| 2020 | $1,860 | $31,820 | $6,300 | $25,520 |
| 2019 | $1,847 | $24,910 | $4,930 | $19,980 |
| 2018 | $1,809 | $22,600 | $4,480 | $18,120 |
| 2017 | $1,739 | $19,690 | $3,900 | $15,790 |
| 2016 | $1,672 | $16,860 | $3,340 | $13,520 |
| 2015 | $1,555 | $14,720 | $2,910 | $11,810 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $662,500 | New Conventional | |
| Closed | $662,500 | New Conventional | |
| Previous Owner | $600,000 | New Conventional | |
| Previous Owner | $420,000 | New Conventional | |
| Previous Owner | $341,600 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $265,000 | Purchase Money Mortgage | |
| Previous Owner | $98,000 | Commercial | |
| Previous Owner | $240,300 | Unknown | |
| Previous Owner | $190,000 | Commercial | |
| Previous Owner | $70,000 | Seller Take Back | |
| Previous Owner | $71,000 | Seller Take Back |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $883,500 | First American Title Insurance | |
| Warranty Deed | $883,500 | First American Title Insurance | |
| Deed | -- | Empire West Title Agency Llc | |
| Interfamily Deed Transfer | -- | Empire West Title Agency Llc | |
| Warranty Deed | $375,000 | First American Title Ins Co | |
| Cash Sale Deed | $109,500 | American Title Service Agenc | |
| Cash Sale Deed | $98,000 | Fidelity Natl Title Ins Co | |
| Trustee Deed | $55,000 | Security Title Agency | |
| Interfamily Deed Transfer | -- | Financial Title Company | |
| Warranty Deed | $77,000 | Stewart Title & Trust | |
| Interfamily Deed Transfer | -- | Stewart Title & Trust | |
| Trustee Deed | -- | -- | |
| Quit Claim Deed | $75,000 | -- | |
| Quit Claim Deed | $75,000 | -- | |
| Warranty Deed | $75,000 | Stewart Title & Trust |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6759539
APN: 120-03-059E
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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