NOT LISTED FOR SALE

Estimated Value: $451,000 - $520,000

Studio
-- Bath
2,103 Sq Ft
$229/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2018

Last sale price $217,500 $103 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,698 / mo

52 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of October 2018

This a fabulous duplex! Two spacious units that are both 3 bedroom, 2 bathroom units! Built in 2004. Units like this are hard to find! It is well located, near the hospital and very close to downtown Phoenix.The owner just installed a new a/c on one of the units. There is great freeway access close too. Rents most likely can be raised.The units always stay rented.One unit is month to month and one is through February of 2019.Perfect for an owner occupant or an investor!

Last Agent to Sell the Property

Laney Brandt

HomeSmart License #SA509279000 Listed on: 07/10/2018

Co-Listed By

Sharon Berrett

Compass License #SA651857000

Last Buyer's Agent

Wes Blackwell

My Home Group Real Estate License #SA674470000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $986

Year Built

  • Built in 2004

Lot Details

  • 7,275

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Excelencia Elementary School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Tax Lot 132
  • Assessor Parcel Number 121-76-083-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7500
  • Del Rey Lots 21 58 & Lot 99 Subdivision

Building Details

  • Operating Expense $4,736
  • Gross Income $19,500
  • Net Operating Income $14,764

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$986

Year Built

Built in 2004

Lot Details

7,275 Sq Ft Lot

Listing Details

  • Cross Street: 27th Street & Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: 0
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2004
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril18
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: DEL REY LOTS 21-58 & LOT 99
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • 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
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2700.0

Schools

  • Elementary School: Excelencia School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 7500
  • Additional Parcels: No
  • Parcel #: 121-76-083-A

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 19500.0
  • Insurance Expense: 750.0
  • Property Net Operating Income: 14764.0
  • Annual Operating Expense: 4736.0

Tax Info

  • Tax Annual Amount: 986.0
  • Tax Book Number: 121.00
  • Tax Lot: 132

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
Jul 10, 2018
Closed on
Sep 27, 2018
Sold by
Bought by
Seller's Agent
Laney Brandt
HomeSmart
Buyer's Agent
Wes Blackwell
My Home Group Real Estate
List Price
$225,000
Sold Price
$217,500
Premium/Discount to List
-$7,500
-3.33%
Current Estimated Value
$481,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,077
Avg. Annual Appreciation
10.80%
Original Mortgage
$163,125
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 11, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 30, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 10, 2006
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
$200,000
Interest Rate
0.0795%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2004
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
$159,920
Interest Rate
0.065%
Mortgage Type
New Conventional
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
$217,500 Security Title Agency Inc
-- Security Title Agency Inc
-- None Available
-- None Available
$65,000 Guaranty Title Agency
$58,590 None Available
$250,000 First American Title Ins Co
$195,000 Security Title Agency Inc
-- Security Title Agency Inc
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
Open $163,125
Previous Owner $200,000
Previous Owner $159,920
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
10/18/2018 10/18/18 Sold $217,500 -3.3% $103 / Sq Ft
10/02/2018 10/02/18 Price Changed $225,000 0.0% $107 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $225,000 0.0% $107 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $225,000 -- $107 / 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 $1,154 $8,548
2024 $1,098 $8,141
2023 $1,098 $35,120 $7,020 $28,100
2022 $1,055 $25,930 $5,180 $20,750
2021 $1,081 $21,500 $4,300 $17,200
2020 $1,055 $20,700 $4,140 $16,560
2019 $1,047 $15,830 $3,160 $12,670
2018 $1,026 $14,280 $2,850 $11,430
2017 $986 $13,520 $2,700 $10,820
2016 $948 $11,450 $2,290 $9,160
2015 $882 $8,710 $1,740 $6,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5791458

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-76-083A

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