NOT LISTED FOR SALE

Estimated Value: $853,000 - $1,161,328

Studio
6 Baths
4,650 Sq Ft
$211/Sq Ft Est. Value

Last Sold April 22, 2020

Last sale price $599,900 $129 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,581/month

3 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of April 2020

Brand new duplex in the heart of Phoenix! This pristine property boasts 3,100 total sq ft. Each unit features 4 bedrooms, 3 bathrooms, inside laundry, and ample space for the entire family. Each kitchen includes new stainless steel appliances, custom cabinetry, breakfast bar, and a large pantry. The property is located in a great Central Phoenix neighborhood, near Downtown Phoenix, the Camelback Corridor, the I-17, and the I-10. This is the perfect opportunity for both investors or individuals looking for an income property!

Last Agent to Sell the Property

James Lanier

Lanier Real Estate, LLC License #BR649257000 Listed on: 03/18/2020

Last Buyer's Agent

Bev Wright

Preferred Property Consultants LLC License #BR117026000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,134

Year Built

  • Built in 2020

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Carport
  • Free Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 30
  • Assessor Parcel Number 155-14-029

Community Details

Overview

  • 2 Units
  • Building Dimensions are 48 x 234
  • Laveta Place Lots 1 13, 15 28 Subdivision

Building Details

  • Operating Expense $1,134

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,134

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Cross Street: 7th St & Camelback
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2020
  • Tax Year: 2019
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: LAVETA PLACE LOTS 1-13, 15-28
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Dishwasher, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Free, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Breakfast Bar2: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 48 x 234
  • Additional Parcels: No
  • Parcel #: 155-14-029

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 2
  • Annual Operating Expense: 1134.0

Tax Info

  • Tax Annual Amount: 1134.0
  • Tax Book Number: 155.00
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Apr 16, 2020
Sold by
1013 Roma Llc
Bought by
Negrete John David and Negrete Deborah Garcia
Seller's Agent
James Lanier
Lanier Real Estate, LLC
Buyer's Agent
Bev Wright
Preferred Property Consultants LLC
List Price
$599,900
Sold Price
$599,900
Current Estimated Value
$981,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,932
Avg. Annual Appreciation
8.98%
Original Mortgage
$380,000
Outstanding Balance
$335,995
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$645,838

Purchase Details

Closed on
Sep 13, 2019
Sold by
Bachmeier Eden
Bought by
1013 Roma Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
3.6%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Jul 17, 2019
Sold by
Bachmeier Eden
Bought by
1013 Roma Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
3.6%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Apr 5, 2018
Sold by
Maricopoly Llc
Bought by
Bachmeier Eden

Purchase Details

Closed on
Apr 3, 2018
Sold by
Bachmeier Wade M
Bought by
Bachmeier Eden

Purchase Details

Closed on
Nov 2, 2017
Sold by
Vitagliano Joseph
Bought by
Maricopoly Llc

Purchase Details

Closed on
Aug 17, 2017
Sold by
Vitagliano Joseph and Vitagliano Josephine
Bought by
City Of Phoenix

Purchase Details

Closed on
Jun 16, 2006
Sold by
Vitagliano Joseph
Bought by
Sonny Vitag & Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,350
Interest Rate
6.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2006
Sold by
Jimenez Able
Bought by
Vitagliano Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,350
Interest Rate
6.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 29, 2001
Sold by
Saenz Rosa L
Bought by
Jimenez Abel

Purchase Details

Closed on
Jul 1, 1999
Sold by
Jordan Jose David Quevedo
Bought by
Saenz Rosa L
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

Date Buyer Sale Price Title Company
Negrete John David $599,900 Security Title Agency Inc
1013 Roma Llc -- Security Title Agency Inc
1013 Roma Llc $106,400 None Available
Bachmeier Eden $80,000 Security Title Agency Inc
Bachmeier Eden -- Security Title Agency Inc
Maricopoly Llc $47,000 Accommodation
City Of Phoenix $47,000 None Available
Sonny Vitag & Associates Llc -- Magnus Title Agency
Vitagliano Joseph -- Magnus Title Agency
Vitagliano Joseph $150,000 Magnus Title Agency
Jimenez Abel $30,000 Transnation Title Insurance
Saenz Rosa L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Negrete John David $380,000
Previous Owner 1013 Roma Llc $268,000
Previous Owner Vitagliano Joseph $112,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2020 04/22/20 Sold $599,900 0.0% $129 / Sq Ft
03/18/2020 03/18/20 For Sale $599,900 -- $129 / 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 $5,363 $41,300 -- --
2024 $5,007 $39,333 -- --
2023 $5,007 $65,720 $13,140 $52,580
2022 $1,196 $20,550 $20,550 $0
2021 $1,216 $17,820 $17,820 $0
2020 $1,185 $14,505 $14,505 $0
2019 $1,134 $11,025 $11,025 $0
2018 $1,096 $9,855 $9,855 $0
2017 $1,007 $7,740 $7,740 $0
2016 $971 $7,020 $7,020 $0
2015 $963 $6,496 $6,496 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6052087

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-14-029