NOT LISTED FOR SALE

1043 E Butler Dr Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $768,000 - $868,000

Studio
-- Bath
2,976 Sq Ft
$269/Sq Ft Est. Value

Sale Details

Date Sold: April 5, 2019

Last sale price $485,000 $163 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,474 / mo

1 Day on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • Sunnyslope High School Rated A

About This Home

As of April 2019

A truly golden property! Beautiful hillside 4-plex with mountain views out each window. Property backs up to a rock hillside, with 2 units up and 2 units down. Each unit is 2 BR, is separately metered for electric and water, and each has its own private laundry/storage room including W/D. Unit A just remodeled. Unit D remodeled fall 2017. Unit C remodeled 2016. Unit B remodeled 2012. New sewer line Dec. New Roof 2005. 2018. Units and property are in excellent condition, with no deferred maintenance. Drive-by only.

Last Agent to Sell the Property

Kathy Maguire

Delex Realty License #SA559032000 Listed on: 03/12/2019

Last Buyer's Agent

John Rucidlo

AgentHub 360, LLC License #BR006054000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,638

Year Built

  • Built in 1983

Lot Details

  • 9,409

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Free Parking
  • Paved Parking
  • Assigned Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Separate Meters

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, cable TV
  • The owner pays for landscaping
  • Tax Lot 16
  • Assessor Parcel Number 160-06-159

Community Details

Overview

  • 4 Units
  • Building Dimensions are 75 X 125
  • Beverly Hills Unit 1 Subdivision

Building Details

  • Operating Expense $6,982
  • Gross Income $36,108
  • Net Operating Income $29,126

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,638

Year Built

Built in 1983

Lot Details

9,409 Sq Ft Lot

Listing Details

  • Cross Street: Northern and 12th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2018
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: BEVERLY HILLS UNIT 1
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Siding, Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free, Assigned, >1 Space Per Unit
  • 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:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Electric, Central A/C
  • Heating: Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Desert View 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: 75 X 125
  • Additional Parcels: No
  • Parcel #: 160-06-159

Multi Family

  • Owner Pays: Other, See Remarks, Landscaping
  • Tenant Pays: Trash Collection, Electricity, Water, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 245.0
  • Annual Gross Income: 36108.0
  • Insurance Expense: 1899.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 29126.0
  • Annual Operating Expense: 6982.0

Tax Info

  • Tax Annual Amount: 1638.0
  • Tax Book Number: 160.00
  • Tax Lot: 16

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
Mar 28, 2019
Sold by
Bought by
Seller's Agent
Kathy Maguire
Delex Realty
Buyer's Agent
John Rucidlo
AgentHub 360, LLC
List Price
$485,900
Sold Price
$485,000
Premium/Discount to List
-$900
-0.19%
Current Estimated Value
$800,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,736
Avg. Annual Appreciation
7.21%

Purchase Details

Closed on
Jul 8, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,925
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,232
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,585
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 1998
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.9%

Purchase Details

Closed on
Sep 20, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.59%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$485,000 Security Title Agency Inc
$340,000 Fidelity National Title
-- Fidelity National Title
$199,900 Transnation Title Ins Co
-- Security Title Agency
$173,000 Phoenix Title & Escrow Agenc
-- Grand Canyon Title Agency In
-- Fidelity Title
$118,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $235,000
Previous Owner $149,925
Previous Owner $170,232
Previous Owner $171,585
Previous Owner $80,000
Previous Owner $94,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $485,000 -0.2% $163 / Sq Ft
03/14/2019 03/14/19 Price Changed $485,900 0.0% $163 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $485,900 -- $163 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,897 $14,931 -- --
2024 $1,793 $14,220 -- --
2023 $1,793 $61,600 $12,320 $49,280
2022 $1,735 $43,830 $8,760 $35,070
2021 $1,757 $40,860 $8,170 $32,690
2020 $1,713 $29,280 $5,850 $23,430
2019 $1,682 $24,680 $4,930 $19,750
2018 $1,638 $21,480 $4,290 $17,190
2017 $1,629 $18,120 $3,620 $14,500
2016 $1,600 $16,000 $3,200 $12,800
2015 $1,482 $13,710 $2,740 $10,970
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kathy Maguire

    DPR Realty

    Section Image

  • J

    Buyer's Agent in 2019

    John Rucidlo

    AgentHub 360, LLC

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5895321

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-06-159

Arizona Maricopa County Phoenix 85020 North Central

1043 E Butler Dr, Phoenix, AZ

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

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