8 months on rocket

2103 W Morten Ave, Phoenix, AZ, 85021

$2,000,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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2103 W Morten Ave, Phoenix$2,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Parking1 Space/Unit, Street Parking
Year Built1982
HeatingOther, Electric, Ceiling
CoolingOther, Electric, Ceiling Fan(s)
MLS #6678858
StatusActive

About 2103 W Morten Ave

Located just south of the 21st Avenue and Northern Avenue intersection, Morten Avenue (''the property'') has the extreme advantage of Grand Canyon University being less than four miles away. The property is also primely positioned for immediate access to some of The Valley's major transportation arteries. The Interstate 17 (I-17) ,as well as access to the Valley Metro Light Rail are both less than half a mile away, providing effortless transportation and reasonable commute times to destinations all across the Phoenix metro. Ample employment opportunities are found through the nearby I-17 Employment Corridor, boasting more than 43,000 employees across ±1,200 businesses. Additionally, the property sits between Chirstown Spectrum Mall - an iconic Phoenix retail center featuring Harkins Theaters, Walmart, and Target - and Metrocenter Mall, which is currently undergoing a $1 Billion redevelopment. Developed in 1982, Morten Avenue is a 9-unit multifamily community with a diverse unit mix featuring studio (±22%), one-bedroom (±33%), and two-bedroom (±45%) floorplans averaging ±556 square feet. Future ownership will have the opportunity to capitalize on below market rents already proven in the immediate area.

Property Details

Property Features

Property Information:

  • Year Built: 1982

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (602) 687-6700
  • Listing Agent: Christopher Paul Bay

Interior Features

Interior Information:

  • Flooring Type: Carpet, Vinyl

Exterior Features

Parking Information:

  • Parking: 1 Space/Unit, Street Parking

Utilities

Utilities Information:

  • Heating: Other, Electric, Ceiling
  • Cooling: Other, Electric, Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,000,000

Tax Information:

  • Annual Amount: $2,323
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

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Phoenix, AZ

City

Med. Sold Price

$450.9K

Med. Price/SqFt

$284

Avg. Days On Market

62

# of Sold Homes

1291

2103 W Morten Ave vs Phoenix

250 DAYS ON ROCKET

+188 Days

$2,000,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6678858

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (602) 687-6700
  • Listing Agent: Christopher Paul Bay

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 23, 2021Home Sold
$1,125,000
Aug 20, 2015Home Sold
$352,500
May 03, 2012Home Sold
$270,000
Nov 30, 2006Home Sold
$550,000
Aug 04, 2004Home Sold
$520,000
Jan 27, 2004Home Sold
$350,000
Jul 01, 1999Home Sold
$90,100

Tax History

YEARPROP. TAXASSESSMENT
2021$2,323$49,300
2020$2,265$47,780
2019$2,165$37,850
2017$2,155$29,570

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1120368
2
/10

  • Washington Elementary School

  • 8033 N 27th Ave

  • 0.82 miles

  • Public District Grades PK-6

school-card-donut-1120369
3
/10

  • Richard E. Miller Elementary School

  • 2021 W Alice Ave

  • 1.08 miles

  • Public District Grades KG-5

school-card-donut-1120370
3
/10

  • Ocotillo Elementary School

  • 3225 W Ocotillo Rd

  • 1.67 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,231. Typical income of Phoenix, AZ residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2103 W Morten Ave

What is the listing price of this property?

The listing price of 2103 W Morten Ave property is $2,000,000.

What type of property is this?

The property 2103 W Morten Ave is a house located in Phoenix, Arizona, 85021.

Is this property for sale now?

Active Listing: 2103 W Morten Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,323 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 23, 2021 for $1,125,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2103 W Morten Ave is 1982.

Rocket Homes›Arizona›Maricopa County›Phoenix›85021›2103 W Morten Ave

This home is located at 2103 W Morten Ave in Phoenix, AZ and zip code 85021 in the Alhambra neighborhood. This home was built in 1982. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $2,000,000.

In October 2024, from all listings sold in Phoenix, AZ there were more than 250 sold above asking price, over 697 sold below and more than 344 were sold right at the asked price. In October 2024 in Phoenix, AZ there were 7.5% more homes for sale than in September 2024. While the average time on the market in October 2024 was 62 days, the median list price was $450,977.

From Rocket Homes Real Estate and based on county public records data.

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