NOT LISTED FOR SALE

1007 W Indian School Rd Phoenix, AZ 85013

Campus Vista Neighborhood

Estimated Value: $614,000 - $1,121,000

Studio
3 Baths
1,375 Sq Ft
$584/Sq Ft Est. Value

Sale Details

Date Sold: January 27, 2017

Last sale price $185,000 $135 Per Sq Ft

Est. 334% increase in value since last sale

Current estimated payment $4,445 / mo

189 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of January 2017

GREAT INVESTMENT PROPERTY * TRI-PLEX W LARGE 2-2BEDROOM (AVG 725 SQ FT) & 1-1BEDROOM (AVG 650 SQFT) UNITS * MOST ALL FLOORING IS TILE * LAUNDRY FACILITY AVAILABLE * LOW MAINTENANCE LANDSCAPING * ALL UNITS HAVE REAR PRIVATE COURTYARDS * MOST ALL AC UNITS ARE NEW * EACH UNITS HAS ONE ASSIGNED COVERED PARKING * EACH UNIT HAS STOVE AND FRIDGE * UNITS ARE MONEY MAKERS * CURRENT RENTS ARE WAY BELOW MARKET RENTS * CLOSE TO PUBLIC TRANSPORTATION * RETAIL * EACH UNIT IS OCCUPIED * THERE ARE A TOTAL OF 5 TRI-PLEX'S ALL MUST BE PURCHASED TOGETHER 841,1001, 1007, 1013, 1019 * CALL FOR MORE DETAILS AND INFORMATIO

Last Agent to Sell the Property

Angel Olvera

Realty Marketing Group License #BR033235000 Listed on: 06/16/2016

Co-Listed By

Peggie Simmons

Realty Marketing Group License #BR023095000

Last Buyer's Agent

Michael Collins

DeLex Realty License #BR108753000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $979

Year Built

  • Built in 1953

Lot Details

  • Property fronts an alley

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Osborn Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 110-11-063

Community Details

Overview

  • 3 Units
  • Building Dimensions are 69X125
  • North Park Central Unit 5 Subdivision

Building Details

  • Operating Expense $4,927
  • Gross Income $22,200
  • Net Operating Income $17,273

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$979

Year Built

Built in 1953

Lot Details

8,799 Sq Ft Lot

Listing Details

  • Cross Street: 7TH AVE & INDIAN SCHOOL RD
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1953
  • Tax Year: 2015
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: rmgp01
  • Co List Office Phone: 480-201-0654
  • Subdivision Name: NORTH PARK CENTRAL UNIT 5
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Heat Pump, Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 2448.0

Schools

  • High School: Central High School
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 69X125
  • Additional Parcels: No
  • Parcel #: 110-11-063

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 22200.0
  • Maintenance Expense: 780.0
  • Property Net Operating Income: 17273.0
  • Annual Operating Expense: 4927.0

Tax Info

  • Tax Annual Amount: 979.0
  • Tax Book Number: 110.00
  • Tax Lot: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2019
Sold by
Bought by
Current Estimated Value
$803,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,893,750
Outstanding Balance
$802,236
Interest Rate
4.1%
Mortgage Type
Construction
Estimated Equity
$764

Purchase Details

Listed on
Jun 16, 2016
Closed on
Jan 20, 2017
Sold by
Bought by
Seller's Agent
Angel Olvera
Realty Marketing Group
Buyer's Agent
Michael Collins
DeLex Realty
List Price
$249,900
Sold Price
$185,000
Premium/Discount to List
-$64,900
-25.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.90%

Purchase Details

Closed on
Jan 28, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,225
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,404
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,404
Interest Rate
6.12%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,525,000 Chicago Title Agency Inc
$185,000 First American Title Ins Co
$70,000 Accommodation
$172,500 First American Title Ins Co
$168,000 Lawyers Title Of Arizona Inc
$117,000 Old Republic Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,893,750
Previous Owner $68,225
Previous Owner $138,000
Previous Owner $165,404
Previous Owner $93,600
Closed $17,550
Closed $25,875
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/27/2017 01/27/17 Sold $185,000 -17.7% $135 / Sq Ft
07/27/2016 07/27/16 Price Changed $224,900 -10.0% $164 / Sq Ft
06/16/2016 06/16/16 For Sale $249,900 -- $182 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,396 $10,754 -- --
2024 $1,304 $10,242 -- --
2023 $1,304 $32,930 $6,380 $26,550
2022 $1,296 $22,600 $4,380 $18,220
2021 $1,318 $19,720 $3,820 $15,900
2020 $1,285 $17,860 $3,570 $14,290
2019 $1,229 $16,170 $3,230 $12,940
2018 $1,189 $16,320 $3,260 $13,060
2017 $1,091 $13,420 $2,680 $10,740
2016 $1,053 $11,670 $2,330 $9,340
2015 $979 $10,450 $2,090 $8,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5458549

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-11-063

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