$674,999
$5K PRICE DROP

Estimated payment $3,811/month

Total Views 4,476
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A
  • Ceiling Fan

About This Home

Excellent investment opportunity awaits with this listing! Comprised of four one-bedroom/1 bath units. Three of the four units have been fully renovated. The property shares a courtyard with another 4 plex property that is also for sale separately at 9404 N 2nd Pl MLS #6682813. Take advantage of financing options like a conventional loan with only 5% down. Perfect opportunity to occupy 1 unit and rent out the other three.

Listing Agent

Edson Salas

ES Realty License #BR578194000 Listed on: 03/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $910

Year Built

  • Built in 1948

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Sunnyslope Elementary School
  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 159-44-041

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8605
  • Piedmont Subdivision

Building Details

  • Operating Expense $910
  • Gross Income $32,220
  • Net Operating Income $9,312

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$910

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: Central and Hatcher
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2023
  • Directions: East on Hatcher from Central to 102 E Hatcher on the north side of the street
  • Road Surface Type: Asphalt
  • Subdivision Name: PIEDMONT
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Wood
  • Appliances: Disposal, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco, Block
  • Roof: Foam, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/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

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Individual
  • Heating: Individual, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 8605
  • Additional Parcels: No
  • Parcel #: 159-44-041

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 32220.36
  • Property Net Operating Income: 9311.98
  • Annual Operating Expense: 910.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 910.0
  • Tax Book Number: 159.00
  • Tax Lot: 42

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $927 $7,577 -- --
2024 $910 $7,216 -- --
2023 $910 $30,060 $6,010 $24,050
2022 $880 $21,280 $4,250 $17,030
2021 $891 $18,250 $3,650 $14,600
2020 $869 $15,810 $3,160 $12,650
2019 $853 $13,660 $2,730 $10,930
2018 $831 $10,420 $2,080 $8,340
2017 $827 $9,050 $1,810 $7,240
2016 $812 $8,280 $1,650 $6,630
2015 $752 $7,110 $1,420 $5,690
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 For Sale $1,470,000 +117.8% --
10/22/2024 10/22/24 Price Changed $674,999 -0.7% --
10/06/2024 10/06/24 For Sale $679,999 0.0% --
10/02/2024 10/02/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $679,999 -9.3% --
12/23/2021 12/23/21 Sold $750,000 0.0% $414 / Sq Ft
11/03/2020 11/03/20 Off Market $750,000 -- --
10/16/2020 10/16/20 For Sale $700,000 -- $386 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $362,500 Great American Ttl Agcy Inc
Special Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $227,500 Russ Lyon Title Llc
Interfamily Deed Transfer $79,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $336,692 Future Advance Clause Open End Mortgage
Previous Owner $105,000 New Conventional
Previous Owner $147,500 New Conventional
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6682798

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-44-041