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6836 N 36th St
Score
72
Phoenix, AZ

6836 N 36th St

8.9M
3 bd • 3 ba • 3,095 sf

This analysis was generated on 3/19/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$8,950,000

Price/Sq.Ft

$2,892

Year Built

1967

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Architectural Design: Unique architectural style adds significant value • Mountain Views: Panoramic views enhance property value • Pool and Outdoor Space: Pool and outdoor area add recreational value • Unique architectural design • Mountain views • Pool • Built-in shelving • Price Position: At $2891.76 per square foot, this property is significantly more expensive than the median price per square foot in 85018 ($491). This premium reflects the architectural significance and unique features of the home. • Appreciation Trend: Homes in 85018 have sold for 2.9% more than they did a year ago, indicating moderate appreciation in the area. • Negotiation Opportunity: The property has been on the market for 60 days, which is longer than the average for quick sales (under 30 days) in 85018, suggesting potential for negotiation. • Rental Income: $15,000/month with 85% occupancy (2.5% cap rate) • Schools: Lower school ratings may slightly detract from property value compared to homes in higher-rated school zones. Buyers prioritizing school quality may consider private school options. • Future Development: No specific planned developments are listed that would directly impact this specific property.
Architectural Design

Architectural Design

Unique architectural style adds significant value

Mountain Views

Mountain Views

Panoramic views enhance property value

Pool and Outdoor Space

Pool and Outdoor Space

Pool and outdoor area add recreational value

The Bad

• Kitchen Renovation (HIGH priority): $30,000 • Flooring Replacement (MEDIUM priority): $15,000 • Pool Area Update (LOW priority): $10,000 • High price point limits the pool of potential buyers. • Property's age (built in 1967) may require ongoing maintenance and potential renovations. • Severe heat risk (8/10) may impact buyer appeal and increase utility costs. • Dated Bathrooms: Bathroom fixtures and finishes are dated. Tile flooring and countertops need updating.

The Ugly

No critical issues identified
Outdated Kitchen

Outdated Kitchen

Kitchen cabinets and countertops are dated and show wear. Stainless steel appliances are functional but not high-end.

Dated Flooring

Dated Flooring

The stone flooring throughout the house is dated and may not appeal to modern buyers.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $180,000 with 85% occupancy rate Value Investors: Projected 2.2% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $75,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$78,640

Property History

Price History
Ownership Timeline
$0Cash Purchase
Mar 9, 2022
Kamyar HakimniaNorman Lykes Llc
Warranty Deed
Non-Arm's Length Transactions
$1,627,500Cash Purchase
Nov 6, 2019
Lmm 36th LlcKaymar Hakimnia
Warranty Deed
Standard Sale (Purchase/Resales)
$500,000Cash Purchase
May 3, 1994
Aimee V LykesLinda M Melton
Cash Sale Deed
Standard Sale (Purchase/Resales)

Property Taxes

$11,610
2024 Tax Assessment
14.3%from previous year
Assessed Value$181,120
Tax Rate6.41%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

6.0/10
Good

Middle

6.0/10
Good

High

3.0/10
Below Average

Financials

Monthly Costs
Market Rent (3 bed)

$1,344

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$8,950,000
Price/sqft
$2,892
Layout
3 bd3 ba
Days on market
60 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,870,833

378.4%

Your price is 378.4% above average

Median Price

$2,060,000

334.5%

Based on 6 recent sales

Price per Sq.Ft

$629

359.7%

Your price is 359.7% above average $/sqft

Comparable Properties

3800 E LINCOLN Drive #1, Phoenix, AZ 85018
Price: $2,275,000
Sq.Ft: 3,292
Beds/Baths: 3/3
$/Sq.Ft:
$69176.1%
Sale Date: 1/17/2025
6324 N 31ST Street, Phoenix, AZ 85016
Price: $2,270,000
Sq.Ft: 2,716
Beds/Baths: 3/3
$/Sq.Ft:
$83671.1%
Sale Date: 1/31/2025
3185 E STELLA Lane, Phoenix, AZ 85016
Price: $2,060,000
Sq.Ft: 3,303
Beds/Baths: 3/3
$/Sq.Ft:
$62478.4%
Sale Date: 11/4/2024
3800 E LINCOLN Drive #1, Phoenix, AZ 85018
Price: $1,420,000
Sq.Ft: 2,888
Beds/Baths: 3/3
$/Sq.Ft:
$49283.0%
Sale Date: 9/30/2024
3173 E SIERRA VISTA Drive, Phoenix, AZ 85016
Price: $1,650,000
Sq.Ft: 2,789
Beds/Baths: 3/3
$/Sq.Ft:
$59279.5%
Sale Date: 10/4/2024
3117 E SIERRA MADRE Way, Phoenix, AZ 85016
Price: $1,550,000
Sq.Ft: 2,876
Beds/Baths: 3/4
$/Sq.Ft:
$53981.4%
Sale Date: 1/23/2025

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