4841 E Sheridan St Phoenix, AZ 85008
Camelback East Village NeighborhoodHighlights
- Cooling Available
- Community Barbecue Grill
- Ceiling Fan
- Phoenix Coding Academy Rated A
- Ceramic Tile Flooring
- Heat Pump System
About This Home
As of October 2024🏡 **Charming Duplex in 85008 - Perfect Investment Opportunity!**
Are you looking for the perfect investment property in the heart of 85008? Look no further! This stunning duplex is a gem you don't want to miss out on. With its recent upgrades and stable tenant history, it's an excellent opportunity for both seasoned investors and those looking to start their real estate portfolio.
🌟 **Key Features:**
✅ **Newer Roof:** Say goodbye to costly roof repairs. This duplex boasts a brand-new roof that provides peace of mind and reduces maintenance expenses.
✅ **Newer Air Conditioners:** Keep your tenants comfortable year-round with the latest air conditioning units, ensuring efficient cooling and heating.
✅ **Stable Tenants:** Enjoy the benefits of a steady **Newer Roof:** Say goodbye to costly roof repairs. This duplex boasts a brand-new roof that provides peace of mind and reduces maintenance expenses.
**Newer Air Conditioners:** Keep your tenants comfortable year-round with the latest air conditioning units, ensuring efficient cooling and heating.
**Stable Tenants:** Enjoy the benefits of a steady rental income stream with reliable and long-term tenants already in place.
**2 Spacious Bedrooms:** Each unit features two generous bedrooms, perfect for attracting renters seeking ample living space.
**Lovely Courtyard:** The property includes a delightful courtyard, offering a serene outdoor space for relaxation and entertainment.
**Why Invest in 85008?**
**Prime Location:** 85008 is a sought-after neighborhood in Phoenix, close to the city's vibrant cultural scene, dining, shopping, and excellent schools.
**Strong Appreciation:** The area has seen consistent property value growth, making it an attractive choice for investors seeking long-term appreciation.
**Rental Demand:** With its proximity to major employment hubs, the demand for rental properties in this area remains consistently high.
**Easy Commute:** Convenient access to major highways ensures a smooth commute for both tenants and landlords.
**Investment Potential:** Whether you're interested in stable rental income or future resale value, this duplex offers promising investment potential.
Don't miss out on this incredible opportunity to own a duplex in 85008 with a newer roof, updated air conditioners, stable tenants, and a charming courtyard. *Invest in your future with this exceptional duplex in 85008!*
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,081
Year Built
- Built in 1959
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 2 Open Parking Spaces
- 2 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 11
- Assessor Parcel Number 126-17-035
Community Details
Overview
- 2 Units
- Building Dimensions are Irr
- Stafford Village 2 Subdivision
Amenities
- Community Barbecue Grill
Building Details
- Operating Expense $5,916
- Gross Income $35,211
- Net Operating Income $29,295
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $550,000 | -4.2% | $361 / Sq Ft |
| 09/24/2024 09/24/24 | Pending | -- | -- | -- |
| 07/02/2024 07/02/24 | Price Changed | $574,000 | -4.3% | $376 / Sq Ft |
| 04/16/2024 04/16/24 | Price Changed | $599,900 | -13.7% | $393 / Sq Ft |
| 03/13/2024 03/13/24 | Price Changed | $695,000 | 0.0% | $456 / Sq Ft |
| 03/13/2024 03/13/24 | For Sale | $695,000 | -7.2% | $456 / Sq Ft |
| 03/03/2024 03/03/24 | Pending | -- | -- | -- |
| 12/14/2023 12/14/23 | Price Changed | $749,000 | -6.3% | $491 / Sq Ft |
| 11/02/2023 11/02/23 | Price Changed | $799,000 | -6.0% | $524 / Sq Ft |
| 10/07/2023 10/07/23 | For Sale | $850,000 | -- | $557 / 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 | $1,091 | $9,086 | -- | -- |
| 2024 | $1,081 | $8,654 | -- | -- |
| 2023 | $1,081 | $33,530 | $6,700 | $26,830 |
| 2022 | $1,042 | $22,520 | $4,500 | $18,020 |
| 2021 | $1,059 | $20,320 | $4,060 | $16,260 |
| 2020 | $1,040 | $17,860 | $3,570 | $14,290 |
| 2019 | $1,036 | $15,610 | $3,120 | $12,490 |
| 2018 | $976 | $14,810 | $2,960 | $11,850 |
| 2017 | $935 | $10,580 | $2,110 | $8,470 |
| 2016 | $914 | $8,710 | $1,740 | $6,970 |
| 2015 | $858 | $7,550 | $1,510 | $6,040 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $522,500 | New Conventional | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $123,750 | New Conventional | |
| Previous Owner | $70,000 | Unknown | |
| Previous Owner | $100,875 | New Conventional | |
| Previous Owner | $91,880 | New Conventional |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | Wfg National Title Insurance C | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $165,000 | Lawyers Title Of Arizona Inc | |
| Interfamily Deed Transfer | -- | Lawyers Title Of Arizona Inc | |
| Cash Sale Deed | $225,000 | Capital Title Agency Inc | |
| Warranty Deed | $134,500 | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | Capital Title Agency Inc | |
| Warranty Deed | $92,500 | Lawyers Title Of Arizona Inc |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6615181
APN: 126-17-035
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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