NOT LISTED FOR SALE

102 S 92nd Dr Tolleson, AZ 85353

Estimated Value: $304,000 - $745,204

-- Bed
-- Bath
1,536 Sq Ft
$352/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $310,000 $202 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,906/month

260 Days on Market

Highlights

  • Evaporated cooling system
  • Vinyl Flooring
  • Heating System Uses Natural Gas

About This Home

As of May 2014

Incredible opportunity to own a mobile home park with a CAP RATE OF 20%!! Close to downtown Tolleson. All units are owned by owner as well as the house. Seller financing with the right offer! Do not enter property or talk to tenants without listing agent present. Buyers to verify property information. Financial information provided by sellers to be verified by buyer.

Last Agent to Sell the Property

Darren Johnson

HomeSmart License #SA648293000 Listed on: 08/07/2013

Last Buyer's Agent

Darren Johnson

HomeSmart Advantage Group License #BR648293000

HomeSmart Advantage Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1946

Lot Details

  • 8,233

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Flooring

  • Vinyl Flooring

Parking

  • 11 Open Parking Spaces
  • 11 Parking Spaces
  • Assigned Parking

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for gas, electricity, trash collection, water, sewer, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 101-07-023

Community Details

Overview

  • 14 Buildings
  • 14 Units
  • Building Dimensions are 15621

Building Details

  • Operating Expense $22,385
  • Gross Income $94,827
  • Net Operating Income $71,589

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,417

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: 91st Ave/Van Buren
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 14
  • Ownership: Fee Simple
  • Year Built: 1946
  • Mobile Home Prk Info Total Number Spaces: 13
  • Tax Year: 2012
  • Directions: VAN BUREN WEST TO 92ND AVE GO SOUTH ON 92ND AVE APPROX. 4 BLOCKS TO JEFFERSON. PROPERTY SITS ON THE SW CORNER OF 92ND AVE AND JEFFERSON.
  • Road Surface Type: Gravel, Dirt
  • Professional Management Expense: 600.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 11.0
  • Total Parking Spaces: 11.0
  • General Property Description:Uncvrd Parking Spcs: 11.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • 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: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Fuel Expense: 3200.0
  • Annual Water Sewer Expense: 4000.0

Schools

  • Junior High Dist: Tolleson Union High School District

Lot Info

  • Lot Size: 15621
  • Additional Parcels: No
  • Parcel #: 101-07-023

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 14
  • Electric Expense: 7000.0
  • Annual Gross Income: 94827.0
  • Insurance Expense: 1842.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 71589.0
  • Annual Operating Expense: 22385.0

Tax Info

  • Tax Annual Amount: 1417.0
  • Tax Book Number: 101.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2015
Sold by
Brintwood Gianne L
Bought by
Munoz Candelario Alvarez and Alvarez Grizelda
Total Days on Market
260
Current Estimated Value
$540,301

Purchase Details

Closed on
Aug 13, 2012
Sold by
Brintwood Gianne
Bought by
The Alma Gutierrez Trust and Brintwood Gianne L

Purchase Details

Closed on
Feb 19, 2001
Sold by
Lili Rubin Investment Properties Llc
Bought by
Ianc Florin
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
Munoz Candelario Alvarez $80,000 None Available
The Alma Gutierrez Trust -- None Available
Ianc Florin $50,000 Century Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $310,000 -11.4% $202 / Sq Ft
04/24/2014 04/24/14 Pending -- -- --
08/07/2013 08/07/13 For Sale $350,000 -- $228 / 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 $471 $36,586 -- --
2024 $477 $3,258 -- --
2023 $477 $25,100 $5,020 $20,080
2022 $461 $14,680 $2,930 $11,750
2021 $442 $12,380 $2,470 $9,910
2020 $451 $9,010 $1,800 $7,210
2019 $453 $6,620 $1,320 $5,300
2018 $418 $6,070 $1,210 $4,860
2017 $383 $4,470 $890 $3,580
2016 $363 $3,910 $780 $3,130
2015 $354 $2,950 $590 $2,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4979650

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-07-005B