NOT LISTED FOR SALE

Estimated Value: $426,000 - $552,000

-- Bed
4 Baths
-- Sq Ft
0.32 Acres

Last Sold February 29, 2016

Last sale price $151,150

Est. 224% increase in value since last sale

Current estimated payment $2,787/month

2 Days on Market

Highlights

  • Cooling Available
  • Shadow Mountain High School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of February 2016

VERY NICE INCREDIBLE VIEWS!!! PARCEL HAS 2 SINGLE LEVEL DUPLEXES. UPPER BACKS MOUNTAIN. MOUNTAIN PRESERVE IS BACKYARD. LOWER DUPLEX HAS (2) 1 BEDROOM 1 BATH UNITS. UPPER HAS (2) 1 BEDROOM W/DEN 1 BATH UNITS. ALL SEPERATE WASHER & DRYERS. OWNER PASSED AWAY NOT MUCH INFORMATION GIVEN. SELLING ''AS IS'' SEE DOC'S SECTION FOR PROPERTY INSPECTION REPORT AND TERMITE JUST DONE. TERMITE HAD BEEN TAKEN CARE OF OFFERING 1 YEAR WARRANTY. PARCEL NEXT DOOR FOR SALE ALSO 4 UNITS. SEE MLS #5353449. IF BUYER PURCHASED BOTH PARCELS TOTAL 8 UNITS SALES PRICE $375,000. SELLER SAID PARADISE VALLEY SCHOOLS. PRICED TO SELL ''AS IS'' NEEDS WORK. ALL TENANTS HAVE LIVED IN UNITS FOR 20+ YEARS. RENTS APPROX $400 EACH WAY TOO LOW FOR MARKET RENT!! LOCATION & LAND ALONE SO MUCH VALUE! A MUST SEE!

Last Listed By

Laurie Parent

AH Properties License #SA515846000 Listed on: 10/24/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $729

Year Built

  • Built in 1962

Lot Details

  • 0.32

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Paradise Valley High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 7 / 7
  • Assessor Parcel Number 159-22-078

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are irr
  • Harmony Acres Subdivision

Building Details

  • Operating Expense $3,518

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$729

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: CAVE CREEK/PEORIA
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Year Built: 1962
  • Tax Year: 2015
  • Directions: E. ON PEORIA. L ON 15TH WAY. HOME ON RIGHT.
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: HARMONY ACRES
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Other, See Remarks, Painted, Block
  • Roof: Composition
  • Construction:Block: 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:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Individual
  • Heating: Individual, Heat Pump, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1500.0

Schools

  • High School: Paradise Valley High School

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 159-22-078

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 789.0
  • Annual Operating Expense: 3518.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 729.0
  • Tax Block: 7
  • Tax Book Number: 159.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2015
Closed on
Feb 25, 2016
Sold by
Sippel Norma Lillian and Mohrlang John R
Bought by
Saal Andrea
Seller's Agent
Laurie Parent
AH Properties
Buyer's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
List Price
$187,500
Sold Price
$151,150
Premium/Discount to List
-$36,350
-19.39%
Total Days on Market
2
Current Estimated Value
$489,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,309
Avg. Annual Appreciation
13.61%

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
Saal Andrea $302,300 Empire West Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azip Llc $1,781,000
Closed Saal Andrea $195,650
Closed Saal Andrea $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold $151,150 -19.4% --
10/26/2015 10/26/15 Pending -- -- --
10/24/2015 10/24/15 For Sale $187,500 -- --
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 $893 $8,966 -- --
2024 $874 $8,539 -- --
2023 $874 $34,910 $6,980 $27,930
2022 $865 $24,570 $4,910 $19,660
2021 $868 $22,610 $4,520 $18,090
2020 $841 $20,210 $4,040 $16,170
2019 $842 $15,970 $3,190 $12,780
2018 $814 $12,150 $2,430 $9,720
2017 $781 $10,470 $2,090 $8,380
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5353461

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-22-078A