NOT LISTED FOR SALE

Estimated Value: $529,728

-- Bed
1 Bath
-- Sq Ft
1 Acres

Last Sold December 03, 2024

Last sale price $575,000

Est. 8% decrease in value since last sale

Current estimated payment $2,970/month

26 Days on Market

About This Home

As of December 2024

5121 & 5119 N 18th Ave consists of four bank owned residential / multifamily buildings across two parcels, combining for four total rentable dwelling units. The buildings consist of: (I) Single Family Residence (3 bed / 1 bath) (II) Unit A (2 bed / 1 bath) (III) Unit B (1 bed / 1 bath) (IV) Unit C (1 bed / 1 bath). These units are all occupied (Sec 8). The property is situated near the NEC of 19th Ave & Camelback Rd, and only a mile south of the redeveloping Christown Mall. Please contact broker for additional details.

Last Listed By

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 10/24/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $166

Year Built

  • Built in 1904

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof

Community Details

  • 4 Buildings
  • 4 Units
  • Building Dimensions are 110.36, 110.35, 161.01, 161.14
  • Nile Tract Block 1 Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 156-37-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$166

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Cross Street: 19th Ave & Camelback Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1904
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: NILE TRACT BLOCK 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: See Remarks
  • Heating: See Remarks
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 110.36, 110.35, 161.01, 161.14
  • Additional Parcels: Yes
  • Parcel #: 156-37-028

Multi Family

  • Owner Pays: See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 4

Tax Info

  • Tax Book Number: 156.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Dec 16, 2024
Sold by
Haag Nathan Ray
Bought by
Rim Property Asset 5119 Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Mike Snitz
eXp Realty
List Price
$540,000
Sold Price
$575,000
Premium/Discount to List
$35,000
6.48%
Total Days on Market
26
Views
3
Current Estimated Value
$529,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,272
Original Mortgage
$475,000
Outstanding Balance
$473,282
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2024
Closed on
Dec 3, 2024
Sold by
Crown Investment Company
Bought by
Haag Nathan Ray
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Mike Snitz
eXp Realty
List Price
$540,000
Sold Price
$575,000
Premium/Discount to List
$35,000
6.48%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$473,282
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2024
Closed on
Oct 15, 2024
Sold by
Sprouting Llc
Bought by
Crown Investment Company
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Mike Snitz
eXp Realty
List Price
$540,000
Sold Price
$575,000
Premium/Discount to List
$35,000
6.48%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$473,282
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2022
Sold by
Mtb Invest Llc
Bought by
Sprouting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.38%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 21, 2022
Sold by
Mtb Invest Llc
Bought by
Sprouting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.38%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 21, 2022
Sold by
Clements Mary A
Bought by
Mtb Invest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.38%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 18, 2022
Sold by
Clements Mary A
Bought by
Mtb Invest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.38%
Mortgage Type
Construction

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rim Property Asset 5119 Llc -- --
Haag Nathan Ray $575,000 Landmark Title
Haag Nathan Ray $575,000 Landmark Title
Crown Investment Company $378,000 None Listed On Document
Sprouting Llc $500,000 Driggs Title Agency
Sprouting Llc $500,000 Driggs Title Agency
Mtb Invest Llc $375,000 New Title Company Name
Mtb Invest Llc $375,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haag Nathan Ray $475,000
Closed Haag Nathan Ray $475,000
Previous Owner Sprouting Llc $425,000
Previous Owner Sprouting Llc $425,000
Previous Owner Mtb Invest Llc $360,000
Previous Owner Mtb Invest Llc $360,000
Closed Mtb Invest Llc $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $575,000 +6.5% --
11/19/2024 11/19/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $540,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $166 $1,327 $1,327 --
2024 $161 $1,263 $1,263 --
2023 $161 $5,060 $5,060 $0
2022 $147 $3,260 $3,260 $0
2021 $151 $2,930 $2,930 $0
2020 $147 $2,380 $2,380 $0
2019 $140 $2,010 $2,010 $0
2018 $135 $1,680 $1,680 $0
2017 $123 $1,270 $1,270 $0
2016 $119 $990 $990 $0
2015 $111 $990 $990 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6775523

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-37-028