NOT LISTED FOR SALE

Estimated Value: $354,321 - $570,000

2 Beds
-- Bath
1,554 Sq Ft
$280/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $190,000 $122 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,418/month

16 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Sunnyslope High School Rated A

About This Home

As of November 2016

Extreemely well maintained Tri-Plex with NO H.O.A, minimal landscape upkeep & full on site Laundry Room facility at rear of complex. Two - 2 Bedrooms units & One - 1 bedroom unit - Each have small private fenced yards. Solid construction & shingle roof 4-6 years new. Nice Cap Rate with Long term tenants. *Please Do not disturb tenants - drive by only

Last Agent to Sell the Property

Vicki L Jonovich

Jonovich and Associates Realty License #BR101576000 Listed on: 11/02/2016

Last Buyer's Agent

Jonathan Pear

Success Property Brokers License #BR555483000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1981

Lot Details

  • 7,275

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Schools

  • Washington Elementary School
  • Washington Elementary School - Phoenix Middle School
  • Glendale High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 158-27-003

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7271
  • Barnett Hts Subdivision

Building Details

  • Operating Expense $4,001
  • Gross Income $20,640
  • Net Operating Income $17,266

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$935

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Peoria & 15th Avenue
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2015
  • Directions: South to Tri-Plex on East side
  • Road Surface Type: Asphalt
  • Subdivision Name: Barnett Hts
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 1092.0

Schools

  • Elementary School: Washington Elementary School
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Washington Elementary School - Phoenix

Lot Info

  • Lot Size: 7271
  • Additional Parcels: No
  • Parcel #: 158-27-003

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 20640.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 574.0
  • Property Net Operating Income: 17266.0
  • Annual Operating Expense: 4001.0

Tax Info

  • Tax Annual Amount: 935.0
  • Tax Book Number: 158.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2016
Closed on
Nov 29, 2016
Sold by
Lacey Claude Dean
Bought by
Anjees Llc
Seller's Agent
Vicki L Jonovich
Jonovich and Associates Realty
Buyer's Agent
Jonathan Pear
Success Property Brokers
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Current Estimated Value
$434,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,580
Avg. Annual Appreciation
10.18%

Purchase Details

Closed on
Sep 25, 2015
Sold by
Lacey Claude D and Saghafi Ezat S
Bought by
Lacey Claude Dean and The Dean Lacey Family Trust

Purchase Details

Listed on
Feb 2, 2014
Closed on
Mar 24, 2014
Sold by
Kalaj Management Llc
Bought by
Lacey Claude D and Saghafi Ezat S
Seller's Agent
Alex Kalaj
HomeSmart
Buyer's Agent
Vicki L Jonovich
Jonovich and Associates Realty
List Price
$139,900
Sold Price
$139,000
Premium/Discount to List
-$900
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$93,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2009
Sold by
Kalaj Lek
Bought by
Kalaj Management Llc

Purchase Details

Closed on
Feb 4, 2009
Sold by
Kalaj Vera
Bought by
Kalaj Lek

Purchase Details

Closed on
Jan 15, 2009
Sold by
Aurora Loan Services Llc
Bought by
Kalaj Lek

Purchase Details

Closed on
Aug 27, 2008
Sold by
Castro Erick A
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Oct 30, 2006
Sold by
Garduno Erick Castro
Bought by
Castro Erick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2005
Sold by
Moore Gaylord S and Moore Sharon
Bought by
Garduno Erick Castro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2005
Sold by
Delvalle Lucia
Bought by
Garduno Erick Castro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 1997
Sold by
Bond Edward G and Trpik Edward G
Bought by
Moore Gaylord S and Moore Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.23%
Mortgage Type
New Conventional
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
Anjees Llc $190,000 Pioneer Title Agency Inc
Lacey Claude Dean -- None Available
Lacey Claude D $128,500 Driggs Title Agency Inc
Kalaj Management Llc -- None Available
Kalaj Lek -- First American Title Ins Co
Kalaj Lek $38,000 First American Title Ins Co
Aurora Loan Services Llc $147,000 None Available
Castro Erick A -- Fidelity National Title
Garduno Erick Castro $200,000 Stewart Title & Trust Of Pho
Garduno Erick Castro -- Stewart Title & Trust Of Pho
Moore Gaylord S $95,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lacey Claude D $93,750
Previous Owner Castro Erick A $228,000
Previous Owner Garduno Erick Castro $160,000
Previous Owner Moore Gaylord S $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $190,000 -4.5% $122 / Sq Ft
11/02/2016 11/02/16 For Sale $199,000 +43.2% $128 / Sq Ft
03/28/2014 03/28/14 Sold $139,000 -0.6% $89 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
02/02/2014 02/02/14 For Sale $139,900 -- $90 / 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 $665 $5,435 -- --
2024 $653 $5,176 -- --
2023 $653 $26,920 $5,380 $21,540
2022 $631 $19,180 $3,830 $15,350
2021 $639 $16,420 $3,280 $13,140
2020 $623 $14,720 $2,940 $11,780
2019 $612 $11,880 $2,370 $9,510
2018 $596 $9,820 $1,960 $7,860
2017 $593 $8,580 $1,710 $6,870
2016 $582 $8,030 $1,600 $6,430
2015 $539 $6,570 $1,310 $5,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5520763

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-27-003