NOT LISTED FOR SALE

Estimated Value: $303,000 - $415,000

-- Bed
1 Bath
899 Sq Ft
$398/Sq Ft Est. Value

Last Sold October 20, 2014

Last sale price $82,000 $91 Per Sq Ft

Est. 336% increase in value since last sale

Current estimated payment $2,038/month

197 Days on Market

Highlights

  • Brick Veneer
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring

About This Home

As of October 2014

NEW PRICE - HUGE INCOME POTENTIAL - don't miss this opportunity to own two single family homes on one lot, each is a 2 bed / 1 bath. Needs some work but will be well worth it!!!! Receivership Asset. Sold ''as is'' and ''where is'' with no seller representations or warranties expressed or implied. All sales are subject to Court approval. No SPDS or CLUE available.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 02/03/2014

Co-Listed By

Susan Carroll-Hamblen

Century 21 Arizona Foothills License #BR073453000

Last Buyer's Agent

Ronald Walker

Avenue Home Realty License #SA500453000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $568

Year Built

  • Built in 1930

Parking

  • On-Street Parking

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof

Flooring

  • Ceramic Tile Flooring

Schools

  • Gateway Elementary And Middle School
  • Camelback High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 121-76-107

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are Rectangle
  • Del Rey Subdivision

Building Details

  • Operating Expense $568

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$568

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: Roosevelt & 27th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R5
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1930
  • Tax Year: 2013
  • Directions: North on 27th St
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: Del Rey
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Const - Finish Brick Veneer: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Wood Frame, Painted, Brick
  • Roof: Composition, Built-Up

Garage/Parking

  • Parking Features: On Street
  • Attached Garage: No
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Elementary School: Gateway School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Gateway School

Lot Info

  • Lot Size: Rectangle
  • Additional Parcels: No
  • Parcel #: 121-76-107

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 568.0

Tax Info

  • Tax Annual Amount: 568.0
  • Tax Book Number: 121.00
  • Tax Lot: 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
Oct 6, 2014
Sold by
Karlsson Ventures Tootsie Drive Llc
Bought by
Brown Archie R and Brown Stacey
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Ronald Walker
Avenue Home Realty
List Price
$110,000
Sold Price
$82,000
Premium/Discount to List
-$28,000
-25.45%
Current Estimated Value
$357,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,841
Avg. Annual Appreciation
14.39%

Purchase Details

Closed on
May 31, 2008
Sold by
Riordan Karlsson Mary E
Bought by
Karlsson Ventures Tootsie Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2008
Sold by
Riordan Karlsson Mary E
Bought by
Karlsson Ventures Tootsie Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2006
Sold by
Karlsson Sven
Bought by
Riordan Karlsson Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1999
Sold by
Chappell Ronald M
Bought by
Chappell Ronald M and The Ronald M Chappell Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown Archie R $82,000 Grand Canyon Title Agency
Karlsson Ventures Tootsie Drive Llc -- Capital Title Agency Inc
Karlsson Ventures Tootsie Drive Llc -- None Available
Riordan Karlsson Mary E -- Empire Title Agency Of Az Ll
Riordan Karlsson Mary E $200,000 Empire Title Agency Of Az Ll
Chappell Ronald M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karlsson Ventures Tootsie Drive Llc $150,000
Previous Owner Riordan Karlsson Mary E $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2014 10/20/14 Sold $82,000 -25.5% $91 / Sq Ft
08/19/2014 08/19/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $110,000 -- $122 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $1,693 $13,026 -- --
2024 $1,674 $12,405 -- --
2023 $1,674 $23,600 $4,720 $18,880
2022 $1,608 $18,150 $3,630 $14,520
2021 $1,647 $16,700 $3,340 $13,360
2020 $1,607 $15,710 $3,140 $12,570
2019 $1,596 $13,500 $2,700 $10,800
2018 $906 $12,830 $2,560 $10,270
2017 $871 $9,780 $1,950 $7,830
2016 $838 $8,370 $1,670 $6,700
2015 $779 $8,410 $1,680 $6,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5063900

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-76-107