NOT LISTED FOR SALE

Estimated Value: $201,000 - $474,000

1 Bed
-- Bath
930 Sq Ft
$333/Sq Ft Est. Value

Last Sold August 12, 2014

Last sale price $63,000 $68 Per Sq Ft

Est. 392% increase in value since last sale

Current estimated payment $1,708/month

143 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 2-minute walk to Central Park
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of August 2014

Bargain basement pricing for four rental units in redeveloping area just South of Chase Field, and in the heart of the Warehouse District. Bottom of the 9th….Don’t let this deal get away! Main house is a two bedroom / one bath with a 1/1 attached apartment. Duplex behind is two 1/1 units. Acquire, lease and enjoy some income stream, while this area comes into its own. 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

Cindy Leckey

Hearthstone Realty License #SA624701000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $246

Year Built

  • Built in 1944

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Garfield Elementary School
  • Edison Elementary Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 112-25-120

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are Rectangle

Building Details

  • Operating Expense $246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$246

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Cross Street: Buckeye Rd & Central Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: F'Plex
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1944
  • Tax Year: 2013
  • Directions: East on Buckeye Rd, North on 3rd St
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Roofing:Composition: Yes
  • Water Source City Franchise2: 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: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Edison Elementary School

Lot Info

  • Lot Size: Rectangle
  • Additional Parcels: No
  • Parcel #: 112-25-120

Multi Family

  • Owner Pays: Other, See Remarks
  • Number Of Units Total: 4
  • Annual Operating Expense: 246.0

Tax Info

  • Tax Annual Amount: 246.0
  • Tax Book Number: 112.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
Aug 20, 2014
Sold by
Sucato Cristyn
Bought by
Esa Proeprties I Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Cindy Leckey
Hearthstone Realty
List Price
$115,000
Sold Price
$63,000
Premium/Discount to List
-$52,000
-45.22%
Current Estimated Value
$309,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,982
Avg. Annual Appreciation
19.49%
Original Mortgage
$50,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 3, 2014
Closed on
Aug 7, 2014
Sold by
R O I Properties Llc
Bought by
Sucato Cristyn
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Cindy Leckey
Hearthstone Realty
List Price
$115,000
Sold Price
$63,000
Premium/Discount to List
-$52,000
-45.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2006
Sold by
Riordan Karlson Mary
Bought by
Karlsson Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2005
Sold by
Karlsson Sven
Bought by
Riordan Karlsson Mary

Purchase Details

Closed on
Nov 22, 2004
Sold by
Baginski Kerry
Bought by
Jdc Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.64%
Mortgage Type
Unknown

Purchase Details

Closed on
May 20, 2002
Sold by
Figueroa Lyda F
Bought by
Figueroa Lyda F and Lyda F Figueroa Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Esa Proeprties I Llc $68,000 Empire West Title Agency
Sucato Cristyn $63,000 Grand Canyon Title Agency
Karlsson Ventures Llc -- Capital Title Agency Inc
Riordan Karlsson Mary -- --
Riordan Karlsson Mary $108,000 Empire Title Agency Of Az Ll
Foresight Investments Llc -- Empire Title Agency Of Az Ll
Jdc Investments $60,000 Security Title Agency Inc
Figueroa Lyda F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sucato Cristyn $50,000
Previous Owner Karlsson Ventures Llc $142,000
Previous Owner Foresight Investment Group $25,000
Previous Owner Jdc Investments Llc $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2014 08/12/14 Sold $63,000 -45.2% $68 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $115,000 -- $124 / 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 $392 $2,933 -- --
2024 $389 $2,794 -- --
2023 $389 $14,310 $2,860 $11,450
2022 $375 $10,680 $2,130 $8,550
2021 $372 $8,730 $1,740 $6,990
2020 $376 $6,930 $1,380 $5,550
2019 $376 $6,070 $1,210 $4,860
2018 $369 $4,560 $910 $3,650
2017 $360 $4,250 $850 $3,400
2016 $350 $3,320 $660 $2,660
2015 $324 $3,250 $650 $2,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5063891

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-25-120