NOT LISTED FOR SALE

Estimated Value: $480,000 - $565,000

-- Bed
1 Bath
1,820 Sq Ft
$283/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $140,000 $77 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $2,777/month

84 Days on Market

Highlights

  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of November 2014

Opportunity Knocks...Well Appointed Duplex Features Two 3 Bedroom/1 Bath Units Complete With Private Patios And Paved Parking For 4 Vehicles. Fully Occupied And Units Individually Metered For Electric While Owner Pays Water. Expenses Are VERY LOW and No Deferred Maintenance. Fantastic Location Close to Downtown, Roosevelt Historical District, ASU Downtown Campus and Walking Distance to Public Transportation. No Sign on Property - Tenants Are Not To Be Disturbed - All Inspections After Accepted Offer Only.

Last Agent to Sell the Property

Asa Hemberg

West USA Realty License #SA537818000 Listed on: 08/04/2014

West USA Realty

Last Buyer's Agent

Shane Saunders

My Home Group Real Estate License #SA627397000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $627

Year Built

  • Built in 1970

Lot Details

  • 6,273

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Garfield Elementary And Middle School
  • North High School

Utilities

  • Central Heating and Cooling System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV, landscaping
  • The owner pays for trash collection, water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 116-28-028-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6250 SQ FT

Building Details

  • Operating Expense $6,147
  • Gross Income $16,844
  • Net Operating Income $10,698

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$627

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: 7TH STREET AND ROOSEVELT
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1970
  • Tax Year: 2013
  • Road Surface Type: Concrete
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1133.0

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Middle Or Junior School: Garfield School

Lot Info

  • Lot Size: 6250 SQ FT
  • Additional Parcels: No
  • Parcel #: 116-28-028-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 16844.0
  • Insurance Expense: 1475.0
  • Maintenance Expense: 2912.0
  • Property Net Operating Income: 10698.0
  • Annual Operating Expense: 6146.72

Tax Info

  • Tax Annual Amount: 626.72
  • Tax Book Number: 116.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Nov 21, 2014
Sold by
Jasper Kathleen
Bought by
Oakes Brent
Seller's Agent
Asa Hemberg
West USA Realty
Buyer's Agent
Shane Saunders
My Home Group Real Estate
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%
Current Estimated Value
$515,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,702
Avg. Annual Appreciation
12.45%
Original Mortgage
$105,000
Outstanding Balance
$80,106
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$435,596

Purchase Details

Closed on
Jun 4, 2008
Sold by
Karlsson Ventures Viking Llc
Bought by
Jasper Kathleen P and The Kathleen P Jasper Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2008
Sold by
The Bank Of New York
Bought by
Karlsson Ventures Viking Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2007
Sold by
Contreras Rodolfo
Bought by
The Bank Of New York and Cwabs Inc Asset Backed Certificates Seri

Purchase Details

Closed on
Nov 29, 2006
Sold by
Urqarious Investments Llc
Bought by
Contreras Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
9.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2005
Sold by
Urquhart Joseph
Bought by
Urqarious Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2005
Sold by
Urquhart Joseph
Bought by
Platinum Properties Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2002
Sold by
Platinum Properties Llp
Bought by
Specialty Properties Investments Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2002
Sold by
Specialty Properties Investments Corp
Bought by
Urquhart Joseph G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2002
Sold by
Urquhart Joseph G
Bought by
Specialty Properties Investments Corp

Purchase Details

Closed on
Mar 22, 2001
Sold by
Ilinsky George
Bought by
Urquhart Joseph G

Purchase Details

Closed on
Apr 2, 1998
Sold by
Ilinsky George
Bought by
Cone Dale J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Oakes Brent $140,000 Old Republic Title Agency
Jasper Kathleen P $180,000 Chicago Title
Karlsson Ventures Viking Llc $91,900 First American Title Ins Co
The Bank Of New York $191,250 None Available
Contreras Rodolfo $227,500 Security Title Agency Inc
Urqarious Investments Llc -- --
Urquhart Joseph -- --
Platinum Properties Llp -- --
Specialty Properties Investments Corp -- Capital Title Agency Inc
Urquhart Joseph G $135,000 Capital Title Agency Inc
Specialty Properties Investments Corp -- --
Urquhart Joseph G -- --
Cone Dale J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oakes Brent $105,000
Previous Owner Jasper Kathleen P $136,000
Previous Owner Contreras Rodolfo $181,600
Previous Owner Urquhart Joseph $20,000
Previous Owner Urquhart Joseph G $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2014 11/25/14 Sold $140,000 -3.4% $77 / Sq Ft
10/25/2014 10/25/14 Pending -- -- --
08/02/2014 08/02/14 For Sale $144,900 -- $80 / 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 $1,007 $7,089 -- --
2024 $939 $6,752 -- --
2023 $939 $28,010 $5,600 $22,410
2022 $906 $18,730 $3,740 $14,990
2021 $899 $15,430 $3,080 $12,350
2020 $909 $14,630 $2,920 $11,710
2019 $908 $12,780 $2,550 $10,230
2018 $892 $11,580 $2,310 $9,270
2017 $871 $11,070 $2,210 $8,860
2016 $846 $8,110 $1,620 $6,490
2015 $783 $7,000 $1,400 $5,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5152967

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-28-028A