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Sold on 08/27/2015

1620 E Cambridge Ave #7, Phoenix, AZ 85006

$230,000

Last sold 08/27/2015 after 71 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 1620 E Cambridge Ave #7

Property type Multi-family
Neighborhood
Year built 1986
HOA fee $0/month
Property description
Amazing updated units. All four units have current tenants with leases each paying $810.90/month. Two kitchens have brand new fridge, stove, dishwasher and microwave. One unit has a brand new HVAC. Terrific location in Camelback East neighborhood. Near downtown, Phoenix Children's Hospital and Biltmore areas. Seller owns 4 units out of 8 in the building. HOA dues are $180/month per unit. --
Listed by
Listing Agent - Amy Brown
Listing Office - Realty One Scottsdale LLC
Source: ARMLS mls logo
MLS#5295514 • last updated 1 year ago
Movoto checked ARMLS for data 1 minute ago
Overview
Cooling/AC Central Air, Ceiling Fan(s), Electric, Individual
Heating Individual, Central, Electric
MLS # 5295514
Type Multiple Dwellings
Status Closed
Property Tax 1755.04
Year Built 1986
Interior
Flooring Carpet, Ceramic Tile
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Roof Built-Up
Construction Wood Frame, Stucco
Parking Paved, Free, 1 Space/Unit, On Street, Carport
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision CAMBRIDGE CONDOMINIUM UNIT 1-14
Community Features No Pool
Elementary School Creighton Elementary School
Elementary School District Creighton Elementary District
Middle School Creighton Elementary School
High School District Phoenix Union High School District
High School North High School
APN 117-04-085
Zoning None
Directions South On 16th St From Thomas, East On Cambridge, Less Than A Block In Buildings Are On North Side Of Cambridge. Units Are In The Back Building.
Multifamily Details
Total # of Units 4
Expense: Operating 10395.04
Financial Data Source Owner
Vacancy Allowance 0.05
Net Operating Income 38160
We are not permitted to show value estimates for this property.
  • Feb 2023
    mls logo MLS # 5295514
  • Feb 18, 2023 Sold
    $230,000 (+283.3%)
  • Jun 17, 2015 Listed
    —
  • Feb 2019
    mls logo MLS # 5653052
  • Feb 12, 2019 Sold
    —
  • Aug 29, 2017 Listed
    $64,900 (+12.9%)
  • Sep 2017
    Public Records
  • Sep 28, 2017 Sold
    $60,000 (-7.6%)
  • Aug 2015
    mls logo MLS # 5295485
  • Aug 26, 2015 Sold
    $57,500 (-1.7%)
  • Aug 8, 2015 Ucb
    —
  • Jun 17, 2015 Price Change
    $58,500 (+36.0%)
  • Aug 2013
    mls logo MLS # 4936896
  • Aug 10, 2013 Sold
    $43,000 (-4.4%)
  • Jul 18, 2013 Price Change
    $45,000 (-8.2%)
  • May 15, 2013 Listed
    $49,000 (+172.2%)
  • May 2012
    mls logo MLS # 4700796
  • May 4, 2012 Sold
    $18,000 (-98.1%)
  • Apr 2012
    mls logo MLS # 2473235
  • Apr 21, 2012 Expired
    —
  • Jan 2006
    Public Records
  • Jan 18, 2006 Sold
    $966,000 (+42.7%)
  • Mar 2004
    Public Records
  • Mar 10, 2004 Sold
    $677,000
  • Year Property taxes Tax assessment
  • 2024
    $613 +1.2%
    $17,010 -15.16%
  • 2023
    $606 +4.1%
    $20,050 +56.52%
  • 2022
    $582 -2.4%
    $12,810 +86.73%
  • 2021
    $596 +2.5%
    $6,860 +8.89%
  • 2020
    $582 +0.7%
    $6,300 +15.17%
  • 2019
    $577 +2.1%
    $5,470 +11.18%
  • 2018
    $566 +4.0%
    $4,920 +39.77%
  • 2017
    $544 +4.0%
    $3,520 -12.66%
  • 2016
    $523 +7.5%
    $4,030
  • 2015
    $486
    —
  • 1620 E Cambridge Ave #7
    $230K
  • Encanto
    $539K
  • 85006
    $470K -4% y/y
  • Phoenix
    $454K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
Loma Linda Elementary School
public Grades PK, K-8
Creighton Elementary District
3/10
North High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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