NOT LISTED FOR SALE

Estimated Value: $348,801 - $418,000

-- Bed
-- Bath
-- Sq Ft
7,797 Sq Ft Lot

Last Sold February 23, 2024

Last sale price $420,000

Est. 11% decrease in value since last sale

Current estimated payment $2,047/month

7 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available
  • Sunnyslope High School Rated A

About This Home

As of February 2024

2 unit Property, 2 Bedrooms each. Very clean and modernized duplex with full tenant occupancy. Separate parking for each tenant. Quiet neighborhood close to large area park and I-17 freeway access. 1 mile from light rail transportation and close to bus lines.

Last Agent to Sell the Property

Dave Stringham

Paramount Management & Realty, LLC License #BR020404000 Listed on: 11/20/2023

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $884

Year Built

  • Built in 1975

Lot Details

  • 7,797

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

  • Washington Elementary School - Phoenix
  • Sundance Elementary - Buckeye High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 17
  • Assessor Parcel Number 159-14-063

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7783
  • Desert Cove Extension Resub Lots 20 & 21 11 20 Subdivision

Building Details

  • Operating Expense $4,504
  • Gross Income $27,744
  • Net Operating Income $23,569

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$884

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Cross Street: Peoria Ave. and 19th Ave.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-1-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1975
  • Tax Year: 2023
  • Directions: N. - on 19th Ave. from Peoria. E- Sahuaro Dr. S- 16th Ave to duplex building on the right side.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1610.0
  • Subdivision Name: DESERT COVE EXTENSION RESUB LOTS 20 & 21 11-20
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Wood
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: 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
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 1360.0

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Sundance Elementary - Buckeye
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Washington Elementary School - Phoenix

Lot Info

  • Lot Size: 7783
  • Additional Parcels: No
  • Parcel #: 159-14-063

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 27744.0
  • Insurance Expense: 650.0
  • Property Net Operating Income: 23569.0
  • Annual Operating Expense: 4504.0

Tax Info

  • Tax Annual Amount: 884.0
  • Tax Book Number: 159.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Feb 29, 2024
Sold by
Leone Robert J and Leone Karen M
Bought by
Williams Caleb F
Seller's Agent
Dave Stringham
Paramount Management & Realty, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Views
22
Current Estimated Value
$371,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,050
Avg. Annual Appreciation
-7.31%
Original Mortgage
$420,000
Outstanding Balance
$412,975
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
-$41,025

Purchase Details

Closed on
Feb 5, 2018
Sold by
Dlfd Properties Llc
Bought by
Leone Robert J and Leone Karen M Romero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kelly Anthony R

Purchase Details

Closed on
Oct 13, 2009
Sold by
Barajas Berta
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Nov 8, 2005
Sold by
Barajas Jose Jesus
Bought by
Barajas Berta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,250
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 24, 2005
Sold by
Sarkis Youail and Sarkis Rona
Bought by
Barajas Berta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,250
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 29, 2005
Sold by
Hyatt Froelich April
Bought by
Froelich Curtis William

Purchase Details

Closed on
Oct 13, 2004
Sold by
Yousif Youail S and Sarkis Rona
Bought by
Sarkis Youail and Sarkis Rona

Purchase Details

Closed on
Jul 12, 2004
Sold by
Ayres Jeffrey and Ayres Gail M
Bought by
Yousif Youail S and Sarkis Rona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2004
Sold by
Froelich Robert J and Froelich Patricia J
Bought by
Froelich Robert J and Froelich Patricia J

Purchase Details

Closed on
Sep 20, 2002
Sold by
Ayres Jeffrey
Bought by
Ayres Jeffrey and Ayres Gail M

Purchase Details

Closed on
Aug 29, 2002
Sold by
Cross Country Properties Inc
Bought by
Ayres Jeffrey

Purchase Details

Closed on
Sep 29, 1998
Sold by
Sauer Jack E
Bought by
Sauer Anne H

Purchase Details

Closed on
Oct 6, 1997
Sold by
Schneider Talina L
Bought by
Schneider Donald J
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 Buyer Sale Price Title Company
Williams Caleb F $420,000 Fidelity National Title Agency
Leone Robert J $174,000 Wfg National Title Insurance
Kelly Anthony R $47,500 First American Title Ins Co
Federal Home Loan Mortgage Corp $44,000 First American Title
Barajas Berta -- North American Title Co
Barajas Berta $217,000 North American Title Co
Froelich Curtis William -- --
Sarkis Youail -- First American Title Ins Co
Yousif Youail S $150,000 Russ Lyon Title
Froelich Robert J -- --
Ayres Jeffrey -- Lawyers Title Of Arizona Inc
Ayres Jeffrey -- Lawyers Title Of Arizona Inc
Ayres Jeffrey $115,000 Lawyers Title Of Arizona Inc
Sauer Anne H -- Grand Canyon Title Agency In
Schneider Donald J -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Caleb F $420,000
Previous Owner Leone Robert J $104,000
Previous Owner Barajas Berta $54,250
Previous Owner Barajas Berta $151,900
Previous Owner Barajas Berta $151,900
Previous Owner Yousif Youail S $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $420,000 -1.2% --
12/05/2023 12/05/23 For Sale $425,000 0.0% --
11/28/2023 11/28/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $425,000 -- --
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 $901 $7,363 -- --
2024 $884 $7,012 -- --
2023 $884 $27,820 $5,560 $22,260
2022 $855 $19,380 $3,870 $15,510
2021 $866 $16,680 $3,330 $13,350
2020 $845 $14,860 $2,970 $11,890
2019 $829 $12,820 $2,560 $10,260
2018 $808 $10,820 $2,160 $8,660
2017 $804 $8,600 $1,720 $6,880
2016 $789 $7,950 $1,590 $6,360
2015 $731 $6,720 $1,340 $5,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6632781

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-14-063