NOT LISTED FOR SALE

Estimated Value: $244,000 - $292,000

-- Bed
-- Bath
1,788 Sq Ft
$150/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $287,000 $161 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,682/month

15 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • 5-minute walk to Balboa Heights Park
  • Central Air
  • Heating System Uses Natural Gas

About This Home

As of May 2024

Centrally located duplex with many upgrades to include remodeled interiors, new exterior paint, newer central AC units (3-5 years) and roof replaced in 2017. Both units are large 2/1 floor plans almost 900 sqft each with fenced yards. The rear unit has undergone a complete remodel and includes a washer & dryer and a covered carport. The front unit has a new kitchen and partial bath remodel. This unit could use minor repairs, paint & flooring. Both tenants are month to month. Individual electric & gas meters with a master water meter. Tenants pay all utilities.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 02/21/2024

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,445

Year Built

  • Built in 1958

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Over 1 Space Per Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00002 / 043
  • Assessor Parcel Number 107-13-143

Community Details

Overview

  • 2 Units
  • Building Dimensions are 39' x 118'
  • Coronado Heights Subdivision

Building Details

  • Operating Expense $6,745
  • Gross Income $27,360
  • Net Operating Income $20,615

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,445

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Grant & Stone Ave
  • Legal Info Range: 13
  • Property Type: Multiple Dwellings
  • Zoning: O-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2023
  • Directions: Grant and Stone Ave, north to Kelso, west to property
  • Road Surface Type: Asphalt
  • Subdivision Name: CORONADO HEIGHTS
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Built-Up

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Lot Info

  • Lot Size: 39' x 118'
  • Additional Parcels: No
  • Parcel #: 107-13-143

Multi Family

  • Owner Pays: Other
  • Number Of Units Total: 2
  • Annual Gross Income: 27360.0
  • Insurance Expense: 1100.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 20615.0
  • Annual Operating Expense: 6745.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1445.0
  • Tax Block: 043
  • Tax Book Number: 107.00
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
May 9, 2024
Sold by
Ruiz Jeffrey and Ruiz Marta A
Bought by
Lozano Michael and Brual David
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$325,000
Sold Price
$287,000
Premium/Discount to List
-$38,000
-11.69%
Views
151
Current Estimated Value
$282,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,983
Avg. Annual Appreciation
-2.07%
Original Mortgage
$215,250
Outstanding Balance
$212,973
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$66,682

Purchase Details

Closed on
Jul 26, 2021
Sold by
Ruiz Jeffrey and Ruiz Marta
Bought by
Ruiz Jeffrey and Ruiz Marta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
2.93%

Purchase Details

Closed on
Aug 16, 2019
Sold by
Ruiz Jeffrey and Ruiz Marta A
Bought by
Ruiz Jeffrey and Ruiz Marta

Purchase Details

Closed on
Dec 20, 2017
Sold by
Martinez Marta A and Ruiz Jeffrey
Bought by
Ruiz Jeffrey and Ruiz Marta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 1995
Sold by
Martinez Reina
Bought by
Martinez Marta A and Ruiz Jeffrey
Source: Public Records

Range of Values:

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
Lozano Michael $287,000 Fidelity National Title Agency
Ruiz Jeffrey -- Pioneer Title Agency Inc
Ruiz Jeffrey -- Pioneer Title Agency Inc
Ruiz Jeffrey -- None Available
Ruiz Jeffrey -- None Available
Ruiz Jeffrey -- None Available
Martinez Marta A $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lozano Michael $215,250
Closed Lozano Michael $215,250
Previous Owner Ruiz Jeffrey $91,500
Previous Owner Ruiz Jeffrey $88,800
Previous Owner Ruiz Jeffrey $68,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $287,000 -4.0% $161 / Sq Ft
04/03/2024 04/03/24 Price Changed $299,000 -8.0% $167 / Sq Ft
03/21/2024 03/21/24 For Sale $325,000 +18.2% $182 / Sq Ft
02/28/2024 02/28/24 Sold $275,000 -15.4% $154 / Sq Ft
02/14/2024 02/14/24 For Sale $325,000 -- $182 / 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
2024 $1,489 $11,961 -- --
2023 $1,429 $11,392 $0 $0
2022 $1,429 $10,849 $0 $0
2021 $1,399 $9,841 $0 $0
2020 $1,391 $11,568 $0 $0
2019 $1,355 $10,454 $0 $0
2018 $1,311 $8,501 $0 $0
2017 $1,126 $8,501 $0 $0
2016 $1,061 $8,096 $0 $0
2015 $1,034 $7,711 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6680258

Arizona Regional Multiple Listing Service (ARMLS)

APN: 107-13-1430