NOT LISTED FOR SALE

Estimated Value: $330,776 - $660,000

-- Bed
3 Baths
1,235 Sq Ft
$449/Sq Ft Est. Value

Last Sold January 16, 2018

Last sale price $209,000 $169 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $3,103/month

87 Days on Market

About This Home

As of January 2018

Excellent Cash flow with little turnover is easy to obtain with this modern TOWNHOUSE STYLE open floor spaced with modern kitchen overlooking the family room. All 2bed 1.5 baths. *** This cash cow manages itself and will be the gem of your portfolio. Low maintenance/water usage with desertscape. Tenant preferred Townhouse style units. Private secured back yards. Ample parking available and close to mass transit!

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 10/26/2017

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Nina Renee Gallegos

Berkshire Hathaway HomeServices Arizona Properties License #SA669129000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,723

Year Built

  • Built in 1982

Lot Details

  • 9,496

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot C
  • Assessor Parcel Number 158-27-063-C

Community Details

Overview

  • 3 Units
  • Building Dimensions are 9474
  • Barnett Heights Subdivision

Building Details

  • Operating Expense $10,097
  • Gross Income $25,080
  • Net Operating Income $14,983

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,723

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 19th Avenue and Peoria
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M, R-3
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2017
  • Directions: Head East on Peoria from North 19th Avenue, turn right and drive South on 15th Avenue Property will be on the East side of the road.
  • Road Surface Type: Asphalt, Concrete
  • Professional Management Expense: 2000.0
  • Subdivision Name: Barnett Heights
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • 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:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:RVBoat Parking2: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Electric
  • Heating: Individual, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Community Amenities:Other18: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2040.0

Lot Info

  • Lot Size: 9474
  • Additional Parcels: No
  • Parcel #: 158-27-063-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Electric Expense: 984.0
  • Annual Gross Income: 25080.0
  • Insurance Expense: 1350.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 14983.0
  • Annual Operating Expense: 10097.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1723.0
  • Tax Book Number: 158.00
  • Tax Lot: C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Gallegos Donald J and Gallegos Nina R
Bought by
J Venture 01 Llc
Current Estimated Value
$554,944

Purchase Details

Closed on
Mar 25, 2013
Sold by
Caliber Auction Homes Llc
Bought by
Petersen Derek W

Purchase Details

Closed on
Feb 13, 1996
Sold by
Passive Environmental Development
Bought by
Mone Thammasack Somchit and Mone Thammasack
Source: Public Records

Range of Values:

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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
J Venture 01 Llc -- None Listed On Document
Petersen Derek W $135,000 Pioneer Title Agency Inc
Mone Thammasack Somchit $76,000 North American Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2018 01/16/18 Sold $209,000 -2.7% $169 / Sq Ft
01/09/2018 01/09/18 For Sale $214,900 0.0% $174 / Sq Ft
01/09/2018 01/09/18 Price Changed $214,900 0.0% $174 / Sq Ft
01/02/2018 01/02/18 For Sale $214,900 0.0% $174 / Sq Ft
01/02/2018 01/02/18 Price Changed $214,900 0.0% $174 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
11/06/2017 11/06/17 Pending -- -- --
10/01/2017 10/01/17 For Sale $214,900 -- $174 / 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 $1,931 $15,793 -- --
2024 $1,897 $15,041 -- --
2023 $1,897 $48,950 $9,790 $39,160
2022 $1,835 $34,700 $6,940 $27,760
2021 $1,858 $29,170 $5,830 $23,340
2020 $1,812 $26,370 $5,270 $21,100
2019 $1,779 $21,920 $4,380 $17,540
2018 $1,732 $18,230 $3,640 $14,590
2017 $1,723 $15,650 $3,130 $12,520
2016 $1,692 $14,900 $2,980 $11,920
2015 $1,567 $12,430 $2,480 $9,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5679122

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-27-063C