NOT LISTED FOR SALE

Estimated Value: $403,032 - $580,000

-- Bed
-- Bath
1,859 Sq Ft
$266/Sq Ft Est. Value

Last Sold April 09, 2018

Last sale price $150,000 $81 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $2,659/month

4 Days on Market

Highlights

  • 3 Car Attached Garage
  • Cooling Available
  • Heat Pump System
  • Sunnyslope High School Rated A
  • Concrete Flooring

About This Home

As of April 2018

EXCELLENT INVESTOR OPPORTUNITY! IMMEDIATE POTENTIAL TO INCREASE INCOME AWAITS INVESTOR WITH TLC TO UPGRADE PROPERTY WHICH HAS (2) LARGE, BLOCK, APPX. 800 SQ.FT. 2-BEDROOM UNITS-1 WITH (2) GARAGES & A 25 X 22 WORKSHOP WITH EVAP COOLING, HEATER, SINK & TOILET & THE OTHER WITH A CARPORT. PLEASE DO NOT DISTURB LONG-TIME TENANTS WHO RENT MO-MO & PAY FOR EVERYTHING EXCEPT WATER (WHICH INCLUDES SEWER & TRASH PICK-UP)THAT OWNER PAYS FOR. SORRY, NO SHOWINGS OF UNITS TILL SELLER ACCEPTS CONTRACT. HOWEVER, UPON REQUEST, AGENT OR OWNER WILL SHOW WORKSHOP. ROOF & A/C UNITS REPLACED APPX. 8 YEARS AGO. LARGE UNIT SIZE/LAYOUTS, UNDERVALUED RENTS, & CLOSE-IN LOCATION NEAR BUS STOP GIVE PROPERTY STRONG UPSIDE AND W/2,241 SQ.FT. DUPLEX ADJACENT TO NORTH FOR SALE, POSSIBILITY EXISTS TO OWN ENTIRE 4-PLEX!

Last Agent to Sell the Property

William Lindner

Realty ONE Group License #BR002943000 Listed on: 03/20/2018

Last Buyer's Agent

Jennifer Rodriguez

HomeSmart License #SA543612000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $681

Year Built

  • Built in 1960

Lot Details

  • 7,754

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 3 Car Attached Garage
  • Common or Shared Parking

Schools

  • Sunnyslope Elementary School
  • Royal Palm Middle School
  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 13
  • Assessor Parcel Number 158-27-013

Community Details

Overview

  • 2 Units
  • Building Dimensions are 138 x 55
  • Barnett Hts Subdivision

Building Details

  • Operating Expense $2,716
  • Gross Income $13,524
  • Net Operating Income $10,808

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$681

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: PEORIA AND 15TH AV
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2017
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: BARNETT HTS
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attached, <1 Space Per Unit, Common
  • Attached Garage: Yes
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Garage Details: Yes
  • Parking:Carport: Yes
  • Parking:Attached: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 378.0
  • Annual Water Sewer Expense: 702.0

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Lot Size: 138 x 55
  • Additional Parcels: No
  • Parcel #: 158-27-013

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 13524.0
  • Insurance Expense: 440.0
  • Maintenance Expense: 515.0
  • Property Net Operating Income: 10808.0
  • Annual Operating Expense: 2716.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 681.0
  • Tax Book Number: 158.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2020
Sold by
Pescador Pablo and Pescador Candelaria
Bought by
Cinco Estrellas Llc
Current Estimated Value
$494,344

Purchase Details

Listed on
Mar 20, 2018
Closed on
Apr 5, 2018
Sold by
Moore Gaylard S and Moore Sharon P
Bought by
Pescador Pablo and Pescador Candelaria
Seller's Agent
William Lindner
Realty ONE Group
Buyer's Agent
Jennifer Rodriguez
HomeSmart
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.82%

Purchase Details

Closed on
Dec 18, 2008
Sold by
Us Bank National Association
Bought by
Ubs Real Estate Securities

Purchase Details

Closed on
Jan 24, 1997
Sold by
Buchner William L and Buchner Elaine G
Bought by
Moore Gaylard S and Moore Sharon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
8.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cinco Estrellas Llc -- None Listed On Document
Pescador Pablo $150,000 Magnus Title Agency Llc
Ubs Real Estate Securities -- Fidelity Natl Title Ins Co
Moore Gaylard S $70,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Gaylard S $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2018 04/09/18 Sold $150,000 0.0% $81 / Sq Ft
03/24/2018 03/24/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $150,000 -- $81 / 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 $793 $6,243 -- --
2024 $750 $5,945 -- --
2023 $750 $32,370 $6,470 $25,900
2022 $725 $22,350 $4,470 $17,880
2021 $735 $19,270 $3,850 $15,420
2020 $716 $17,000 $3,400 $13,600
2019 $703 $13,670 $2,730 $10,940
2018 $685 $11,450 $2,290 $9,160
2017 $681 $9,870 $1,970 $7,900
2016 $669 $9,070 $1,810 $7,260
2015 $619 $7,770 $1,550 $6,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5741218

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-27-013