NOT LISTED FOR SALE
6 Beds
7 Baths
800 Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: September 16, 2016

Last sale price $285,000 $356 Per Sq Ft

20 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available

About This Home

As of September 2016

Wow! You won't find another one like this. Well maintained seven unit property in Casa Grande. Six 1 bedroom units and one studio. Complex is fully rented at $450 a month per unit. Property was remodeled inside & out six years ago. Each unit has updated A/C & heater, plumbing, roofing, and flooring. Individual electric meters were added. Owner pays water, sewer, trash, & electricity for the outside lighting and studio. This is perfect for the investor who wants a property that is already well maintained. Present us your offer, seller is extremely motivated. Please do not disturb tenants. ***Click on more for Spanish*** Wow! Usted no encontrara otro como este. Esta propiedad en Casa Grande de cieta unidades esta en muy buena condicion. Seis unidades de una recamara y un estudio. Estos apartamentos estan totalmente alquilados a $450 por mes por unidad. La propiedad fue remodelada por dentro y por fuera, hace seis anos. Cada unidad cuenta con nuevo A/C y calenton, plomeria, techo, piso. Medidores electricos individuales fueron agregados. Propietario paga agua, alcantarillado, basura, y electricidad para la iluminacion exterior y el estudio. Esto es perfecto para el inversionista que quiere una propiedad que ya esta en muy buena condicion. Presentenos su oferta , vendedor esta muy motivado. Porfavor no moleste los inquilinos.

Last Agent to Sell the Property

Laura Good

Better Homes & Gardens Real Estate SJ Fowler License #SA639563000 Listed on: 07/23/2016

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Daniela Rubio

Better Homes & Gardens Real Estate SJ Fowler License #SA662518000

Last Buyer's Agent

L.D. Hawkins

Hawkins & Associates Realty, Inc. License #BR548386000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $996

Year Built

  • Built in 1950

Lot Details

  • 9,583

Home Design

  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces

Schools

  • Cholla Elementary School
  • Casa Grande Middle School
  • Desert Ridge High School

Utilities

  • Central Air
  • Heating Available
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 6 / 2
  • Assessor Parcel Number 506-07-012

Community Details

Overview

  • 7 Units
  • Building Dimensions are 104.91 X 14.16 X 63.24 X 139.88 X 50.19 X 34.01
  • Casa Grande First Addition 2 Subdivision

Building Details

  • Operating Expense $8,996
  • Gross Income $35,910
  • Net Operating Income $29,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$996

Year Built

Built in 1950

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Cross Street: Florence Blvd. and N. Center Ave.
  • Legal Info Range: 06E
  • Property Type: Multiple Dwellings
  • Zoning: GR
  • Number Of Buildings: 1
  • Year Built: 1950
  • Tax Year: 2015
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: CASA GRANDE FIRST ADDITION 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: See Remarks, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Central A/C, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Cholla Elementary School
  • High School: Desert Ridge High
  • Middle Or Junior School: Casa Grande Middle School

Lot Info

  • Lot Size: 104.91 X 14.16 X 63.24 X 139.88 X 50.19 X 34.01
  • Additional Parcels: No
  • Parcel #: 506-07-012

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 7
  • Annual Gross Income: 35910.0
  • Insurance Expense: 2000.0
  • Property Net Operating Income: 29800.0
  • Annual Operating Expense: 8996.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 996.0
  • Tax Block: 2
  • Tax Book Number: 506.00
  • Tax Lot: 6

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

Listed on
Jul 23, 2016
Closed on
Sep 14, 2016
Sold by
Bought by
Seller's Agent
Laura Good
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
L.D. Hawkins
Hawkins & Associates Realty, Inc.
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
0.0343%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2006
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
$152,000
Interest Rate
0.0657%
Mortgage Type
Commercial
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$285,000 Title Security Agency Llc
$190,000 Arizona Title Agency Inc
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 $228,000
Previous Owner $152,000
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
09/16/2016 09/16/16 Sold $285,000 -12.3% $356 / Sq Ft
07/23/2016 07/23/16 For Sale $325,000 -- $406 / 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 $1,175 $12,300
2024 $1,180 $11,982
2023 $1,198 $10,073 $1,002 $9,071
2022 $1,180 $9,311 $1,002 $8,309
2021 $1,236 $9,051 $0 $0
2020 $1,172 $8,834 $0 $0
2019 $1,117 $8,457 $0 $0
2018 $1,107 $8,077 $0 $0
2017 $1,079 $8,239 $0 $0
2016 $1,040 $8,184 $1,002 $7,182
2014 $912 $5,933 $1,002 $4,931
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5474539

Arizona Regional Multiple Listing Service (ARMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.