8 months on rocket

2989 N 44th St Unit 2033, Phoenix, AZ, 85018

$499,000

Home List Price

$5,926*

Closing Credit

3 Bedrooms
2 Baths
1,648 SqFt
$303/SqFt
Multi

Location

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2989 N 44th St Unit 2033, Phoenix$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Garage2 spaces
Year Built2005
HeatingElectric
FireplaceNone
MLS #6676265
StatusActive

About 2989 N 44th St Unit 2033

**Investor Special Property with Tenants in Place** Welcome to an exceptional investment opportunity! This property offers a unique blend of immediate rental income and promising potential for future value appreciation. Here's a brief overview: **Location:** Located in a thriving neighborhood known for its convenience and amenities, this property sits amidst bustling shops, restaurants, and recreational facilities. Its proximity to major transportation routes ensures easy access to neighboring areas. **Property Type:** This property is meticulously designed to offer comfort and functionality. **Tenant Situation:** Currently, all units are occupied by reliable tenants, providing a steady stream of rental income from day one. The presence of long-term tenants underscores the desirability and stability of this investment opportunity. **Investment Potential:** With rental income already in place, this property presents an attractive proposition for savvy investors seeking immediate returns. Additionally, there's ample opportunity for value enhancement through strategic renovations or future rent adjustments in line with market trends. **Financials:** Detailed financial information, including current rental income, expenses, and potential return on investment, will be provided upon request to serious investors. **Opportunity for Growth:** Beyond its current rental income, this property offers potential for long-term growth and appreciation. As the surrounding area continues to develop and property values rise, investors stand to benefit from both rental yield and capital appreciation. **Conclusion:** With tenants in place and promising prospects for growth, this investor special property represents a lucrative opportunity for those looking to expand their real estate portfolio. Don't miss out on the chance to secure a solid investment in a prime location.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 3
  • Living Area: 1,648 SqFt

Listing Office:

  • Office Name: Barrett Real Estate
  • Office Phone: (480) 864-2100
  • Listing Agent: Michelle A Roden, Meagan Brewer

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile
  • Interior: 9+ Flat Ceilings, Drink Wtr Filter Sys, Elevator, Fire Sprinklers, No Interior Steps, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Covered Patio(s)

Parking Information:

  • Garage Space: 2 spaces

Utilities

Utilities Information:

  • Heating: Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $303/SqFt

HOA Fees:

  • Amount: $580
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,096
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$450.9K

Med. Price/SqFt

$284

Avg. Days On Market

62

# of Sold Homes

1291

2989 N 44th St Unit 2033 vs Phoenix

254 DAYS ON ROCKET

+192 Days

$499,000

+$48K More

$303/SqFt

+$18 More

KEY TAKEAWAY

This property is $48K more than the Median Sold Price and $18/SqFt more than other homes 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: #6676265

Listing Office:

  • Office Name: Barrett Real Estate
  • Office Phone: (480) 864-2100
  • Listing Agent: Michelle A Roden, Meagan Brewer

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: 11/21/2024, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 18, 2018Home Sold
$305,000
Dec 10, 2010Home Sold
$170,000
Sep 30, 2005Home Sold
$304,084

Tax History

YEARPROP. TAXASSESSMENT
2021$2,096$30,310
2020$2,064$29,610
2019$1,911$28,460
2017$1,597$25,020

History based on county public records data.

Payment Calculator

$3,138

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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-394452
5
/10
  • Tavan Elementary School

  • 4610 E Osborn Rd

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-394453
2
/10
  • Griffith Elementary School

  • 4505 E Palm Ln

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-394454
2
/10
  • Brunson - Lee Elementary School

  • 1350 N 48th St

  • 1.30 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,639. Residents of Phoenix, AZ typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›Arizona›Maricopa County›Phoenix›85018›2989 N 44th St Unit 2033

This home is located at 2989 N 44th St Unit 2033 in Phoenix, AZ and zip code 85018 in the Lower Arcadia neighborhood. This 1,648 square foot home was built in 2005. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $499,000.

In October 2024 more than 250 listings in Phoenix, AZ were sold above the asking price. During the same period more than 344 listings were sold at asking price, while more than 697 were sold below. The number of listings in Phoenix, AZ increased by 7.5% between September 2024 and October 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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