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Phoenix 85016 Camelback East
3131 E OSBORN Road
Photo of 3131 E OSBORN Road
Sold on May 31, 2023

28

Map

Photo of 3131 E OSBORN Road
Photo of 3131 E OSBORN Road
$418,000
● House - Off Market

3131 E OSBORN Road

Phoenix, AZ 85016
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,157 Ft²
$427,088
RealtyHop Estimate
1.69%
Since Jun 1, 2023
AZ-Phoenix
Primary Model

About This Property

Beautiful 3 bedroom, 2 bathroom Arcadia Lite gem with NO HOA! The floorplan features a home office and large custom kitchen with a large pantry, granite countertops and new stainless steel appliances! The primary bedroom has a private en suite bathroom, and each of the bedrooms have tons of closet space! Throughout the home there is 18'' porcelain tile flooring and plush carpet in the bedrooms. Each room features USB charging stations and ceiling fans. The home also has North/South exposure, and ample parking spaces for all of your vehicles. The large backyard patio features plenty of space to design your own paradise! You'll love the convenient location with easy access to all the Biltmore/Arcadia eateries and shopping! Don't miss out on this incredible opportunity!
Unit Size
1,157 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$363
Property Type
House
Property Taxes
$109
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (ARMLS #6540974)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
Apr 6, 2023 Listed by My Home Group Real Estate $420,000
Listed by My Home Group Real Estate
Oct 25, 2022 No longer available -
No longer available
Oct 22, 2022 Price Decreased $475,000
↓ $50K (9.5%)
Price Decreased
Sep 18, 2022 Listed by My Home Group Real Estate $525,000
Listed by My Home Group Real Estate
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 2
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 25
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,868
  • Total Building Area: 1,157
  • Gross Building Area: 1,157
  • Building Area: 1,157
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,157
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOUNTAIN VIEW PARK PLAT 1
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: MOUNTAIN VIEW PARK PLAT 1 MCR 38/41

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 110802

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 3841
  • Parcel: 119-09-076
  • Block: 1
  • Lot: 5
  • Meridian: SEC 26 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4876
  • Longitude: -112.014

    Address

  • Full Address: 3131 E Osborn Rd
  • Address - House Number: 3131
  • Street Direction: E
  • Address - Street Name: Osborn
  • Address - Suffix Type: Rd
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C011
  • 4-Digit Zip Code: 7038
  • Zip Code: 85016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $136,252
  • Tax Rate Code Area: 141300

    Appraisal Valuation

  • Standard Deviation: 0.0598
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 97
  • Final Value: 518,302
  • High Value: 549,330
  • Low Value: 487,275

    Market Valuation

  • Market Total Value: $309,500
  • Market Land Value: $61,900
  • Market Improvement Value: $247,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,950
  • Assessed Land Value: $6,190
  • Assessed Improvements Value: $24,760

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 281606
  • Previous Sale Recording Date: Sep 25, 2014
  • Previous Sale Contract Date: Sep 23, 2014
  • Previous Sale Amount: $179,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Camelback East

Stats & Trends

Median Asking:

$669,000

Sale Price/ft²

$387

Below Asking

0.03%

Average Days on Market

92

Average Home Size

2258 ft²

Average Home Age

41.6 years

Currently For Sale

795 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3737 E Turney Avenue, Phoenix, AZ, 85018

$7,050 /mo

  • 2 Beds
  • 957 ft²
3737 E Turney Avenue #131, Phoenix, AZ, 85018 Listing by Suzette Tzineff
Unit for rent at 3810 E Campbell Avenue, Phoenix, AZ, 85018

$9,500 /mo

  • 4 Beds
  • 4 Baths
  • 3,581 ft²
3810 E Campbell Avenue, Phoenix, AZ, 85018 Listing by Lori Froelich
Unit for rent at 4147 E Clarendon Avenue, Phoenix, AZ, 85018

$9,995 /mo

  • 4 Beds
  • 5 Baths
  • 2,977 ft²
4147 E Clarendon Avenue, Phoenix, AZ, 85018 Listing by Kelly Martin

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: George Laughton, My Home Group Real Estate
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6540974
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 3131 East Osborn Road built and last sold?
The property at 3131 East Osborn Road was built in 1951 and last sold on May 31, 2023 for $418,000.
How much is this home worth?
The estimated value of the home located at 3131 East Osborn Road is $425,516.
What are some comparable homes to 3131 East Osborn Road?
There are currently no comparable homes to 3131 East Osborn Road.
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