NOT LISTED FOR SALE

1031 E Butler Dr Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $812,662 - $1,129,000

1 Bed
-- Bath
4,320 Sq Ft
$237/Sq Ft Est. Value

Last Sold December 17, 2013

Last sale price $363,000 $84 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $5,547/month

49 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of December 2013

Beautiful well-maintained mid-century modern style complex in great location, with large front yards and fenced back patios that nestle into hillside. Large units include spacious kitchens and are up-dated withe wood laminate and tile floors. Storage area?room with washer /dryer. Three 2br- 1bth units and one 2br-1.75bth unit. All units have mountain views. Bld size apprx. 4492 sq. ft.
DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Diane Fleming

Westwood Realty, Inc License #BR004971000 Listed on: 10/03/2013

Last Buyer's Agent

Debbie Noble

Long Realty Old Town License #BR005800000

Long Realty Old Town

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,883

Year Built

  • Built in 1964

Lot Details

  • 0.43

Home Design

  • Foam Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Free Parking
  • Paved Parking
  • On-Street Parking

Schools

  • Washington Elementary School
  • Glendale High Middle School
  • Glendale High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water, sewer, landscaping
  • Tax Lot 15
  • Assessor Parcel Number 160-06-142-D

Community Details

Overview

  • 4 Units
  • Building Dimensions are 150x117x150x125
  • New Northtown 2 Subdivision

Building Details

  • Gross Income $37,481
  • Net Operating Income $24,372

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,883

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: 12th St and Butler
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: r-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2013
  • Road Surface Type: Dedicated Street, Sidewalk(s)
  • Subdivision Name: New Northtown 2
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile
  • Appliances: BI Oven/Range, Washer/Dryer, W/D Hookup
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free, 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Interior Amenities:Drapes2: Yes

Fee Information

  • Annual Water Sewer Expense: 4572.0

Schools

  • Elementary School: Washington Elementary School
  • High School: Glendale High School
  • Middle Or Junior School: Glendale High School

Lot Info

  • Lot Size: 150x117x150x125
  • Additional Parcels: No
  • Parcel #: 160-06-142-D

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 1095.12
  • Annual Gross Income: 37481.4
  • Insurance Expense: 1269.0
  • Maintenance Expense: 4208.0
  • Property Net Operating Income: 24372.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 1883.0
  • Tax Book Number: 160.00
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2013
Closed on
Dec 17, 2013
Sold by
The Zepham Group L Lp
Bought by
Becker James
Seller's Agent
Diane Fleming
Westwood Realty, Inc
Buyer's Agent
Debbie Noble
Long Realty Old Town
List Price
$420,000
Sold Price
$363,000
Premium/Discount to List
-$57,000
-13.57%
Current Estimated Value
$1,022,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$659,166
Avg. Annual Appreciation
8.92%

Purchase Details

Closed on
Feb 11, 2009
Sold by
Fleming Diane L
Bought by
The Zepha Group L Lp

Purchase Details

Closed on
Apr 4, 1994
Sold by
Dirse Biruta
Bought by
Fleming Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.38%
Mortgage Type
New Conventional
Source: Public Records
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
Becker James $363,000 Equity Title Agency Inc
The Zepha Group L Lp -- Fidelity Natl Title Ins Co
Fleming Diane L $110,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fleming Diane L $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2013 12/17/13 Sold $363,000 -13.6% $84 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $420,000 -- $97 / 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 $2,872 $22,602 -- --
2024 $2,714 $21,526 -- --
2023 $2,714 $83,770 $16,750 $67,020
2022 $2,626 $59,570 $11,910 $47,660
2021 $2,659 $56,310 $11,260 $45,050
2020 $2,593 $43,930 $8,780 $35,150
2019 $2,546 $36,360 $7,270 $29,090
2018 $2,479 $31,320 $6,260 $25,060
2017 $2,466 $27,330 $5,460 $21,870
2016 $2,422 $24,560 $4,910 $19,650
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Diane Fleming

    Westwood Realty, Inc

  • Debbie Noble

    Buyer's Agent in 2013

    Debbie Noble

    Long Realty Old Town

    (480) 720-9696

    11 Total Sales

    Debbie Noble
    Section Image

  • T

    Buyer's Agent in 2013

    Thomas Noble

    Arizona Sunset Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5009000

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-06-142D

Arizona Maricopa County Phoenix 85020 North Central

1031 E Butler Dr, Phoenix, AZ

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes