$122,000
SOLD APR 9, 2019

104 N Casa Grande Ave Casa Grande, AZ 85122

-- Bed
-- Bath
1,040 Sq Ft
6,360 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

4% Below List Price

162 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available

About This Home

As of April 2019

Cute and cozy Casa Grande duplex is rented at $650/unit plus rental tax. Owner's dream to have professional management already in place along with newer roof and low maintenance landscaping. Tenant's wishes come true with new interior/exterior paint, ceramic tile floors, new ceiling fans in all bedroom and living rooms. The list continues with large laundry/storage rooms, new exterior lighting for safety, new interior light fixtures Tenants in place and NO showings without accepted contract drive by only. Buyer to verify all facts and figures.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 10/02/2018

Last Buyer's Agent

Linda CCIM

Stephen Magee Int'l Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,018

Year Built

  • Built in 1971

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 2 / 3
  • Assessor Parcel Number 507-06-015-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRR
  • Myers Addition Subdivision

Building Details

  • Operating Expense $6,118
  • Gross Income $14,820
  • Net Operating Income $8,702

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,018

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Legal Info Range: 06E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1971
  • Tax Year: 428
  • Road Surface Type: Asphalt, Alley
  • Professional Management Expense: 1200.0
  • Subdivision Name: MYERS ADDITION
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm, Sch of Personal Prop
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • 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:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 507-06-015-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 14820.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 300.0
  • Property Net Operating Income: 8702.0
  • Annual Operating Expense: 6118.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2018.0
  • Tax Block: 3
  • Tax Book Number: 507.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
Apr 8, 2019
Sold by
Hamel Alexis Nicole and Hamel Braden
Bought by
Hamel Braden
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$122,000
Sold Price
$122,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.45%
Original Mortgage
$91,500
Outstanding Balance
$61,761
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$221,489

Purchase Details

Listed on
Feb 25, 2019
Closed on
Apr 2, 2019
Sold by
Chilly Vedder Llc
Bought by
Hamel Braden
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$122,000
Sold Price
$122,000

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
Outstanding Balance
$61,761
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$221,489

Purchase Details

Closed on
Sep 18, 2018
Sold by
Mbdq Llc
Bought by
Chilly Vedder Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2002
Sold by
Gastelum Cynthia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 29, 2000
Sold by
Romero Gonzalo C and Romero Maria
Bought by
Gastelum Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,200
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1999
Sold by
Cook John Aaron and Cook Iva Lucille
Bought by
Romero Gonzalo C and Romero Maria
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Empire West Title Agency Llc
Warranty Deed $122,000 Empire West Title Agency Llc
Warranty Deed $50,000 Empire West Title Agency Llc
Trustee Deed $46,803 --
Warranty Deed $55,500 Fidelity National Title Agen
Joint Tenancy Deed $42,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $91,500 New Conventional
Previous Owner $75,000 New Conventional
Previous Owner $50,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2025 04/19/25 For Sale $295,000 +141.8% --
04/09/2019 04/09/19 Sold $122,000 0.0% $117 / Sq Ft
04/09/2019 04/09/19 Sold $122,000 0.0% $117 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
03/10/2019 03/10/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $122,000 -2.0% $117 / Sq Ft
02/22/2019 02/22/19 Price Changed $124,500 -2.4% $120 / Sq Ft
01/27/2019 01/27/19 For Sale $127,500 0.0% $123 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
11/26/2018 11/26/18 Price Changed $127,500 -1.2% $123 / Sq Ft
11/14/2018 11/14/18 Price Changed $129,000 -0.8% $124 / Sq Ft
10/01/2018 10/01/18 For Sale $130,000 -- $125 / 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 $393 $4,540 -- --
2024 $394 $4,588 -- --
2023 $400 $3,564 $636 $2,928
2022 $394 $3,139 $636 $2,503
2021 $413 $2,789 $0 $0
2020 $411 $2,789 $0 $0
2019 $411 $2,789 $0 $0
2018 $428 $2,789 $0 $0
2017 $438 $2,789 $0 $0
2016 $443 $2,789 $636 $2,153
2014 $429 $2,790 $636 $2,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5827740

Arizona Regional Multiple Listing Service (ARMLS)

APN: 507-06-015B