NOT LISTED FOR SALE

108 S 7th St Buckeye, AZ 85326

Estimated Value: $686,000 - $913,135

6 Beds
6 Baths
550 Sq Ft
$1,532/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $975,000 $1,773 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $4,575/month

276 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Window Unit Heating System

About This Home

As of April 2024

HAVE YOU EVER CONSIDERED OWNING A FEW RENTAL UNITS? THIS IS YOUR CHANCE-6 UNITS READY TO BE YOURS. THIS PROPERTY WAS RENOVATED IN 2020 REPLACING ALL NEW ROOFS, AC AND MINI SPLITS, TILE FLOORING, SHOWERS, APPLIANCES-EVERYTHING. THIS PROPERTY OFFERS VERY LITTLE OVERHEAD, LANDLORD ONLY PROPERTY INSURANCE AND LANDSACPING. ALL UNITS HAVE THEIR OWN SEPERATE METERS SO EACH TENANT TAKES CARE OF THEIR OWN MONTHLY UTILITIES.

Last Agent to Sell the Property

Diana Mendoza

Coldwell Banker Realty License #SA658354000 Listed on: 07/12/2023

Last Buyer's Agent

Carin Nguyen

Real Broker License #BR546062000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,211

Year Built

  • Built in 1951

Lot Details

  • 0.44

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Schools

  • Buckeye Elementary School
  • Buckeye Union High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
  • The owner pays for landscaping
  • Assessor Parcel Number 400-25-087

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Building Dimensions are 149.10X134.16X148.48X133.59

Building Details

  • Operating Expense $6,971
  • Gross Income $69,540
  • Net Operating Income $67,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,211

Year Built

Built in 1951

Lot Details

0.44 Acres

Listing Details

  • Cross Street: 7TH ST & MONROE
  • Property Type: Multiple Dwellings
  • Zoning: C-C
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1951
  • Tax Year: 2022
  • Road Surface Type: Gravel, Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Electric, Wall/Window Unit(s)
  • Heating: Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Buckeye Elementary School
  • High School: Buckeye Union High School
  • Junior High Dist: Buckeye Union High School District
  • Middle Or Junior School: Buckeye Elementary School

Lot Info

  • Lot Size: 149.10X134.16X148.48X133.59
  • Additional Parcels: No
  • Parcel #: 400-25-087

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 6
  • Annual Gross Income: 69540.0
  • Insurance Expense: 3600.0
  • Property Net Operating Income: 67440.0
  • Annual Operating Expense: 6971.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1211.0
  • Tax Book Number: 400.00
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Apr 29, 2024
Sold by
Jtf Investments Llc
Bought by
William David Holdings Llc
Seller's Agent
Diana Mendoza
Coldwell Banker Realty
Buyer's Agent
Carin Nguyen
Real Broker
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%
Views
105
Current Estimated Value
$842,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$132,216
Avg. Annual Appreciation
-7.78%

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 23, 2020
Sold by
Buck Eye Az Holding Limited
Bought by
Jtf Investment Group Llc
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Diana Mendoza
Russ Lyon Sotheby's International Realty
List Price
$360,000
Sold Price
$325,000
Premium/Discount to List
-$35,000
-9.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.93%
Original Mortgage
$266,500
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2018
Sold by
Corica Michael R and Corica Lorie Lei
Bought by
Buck Eye Az Holdings Limited

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,735,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2018
Sold by
Kbd & Rr Investments Llc
Bought by
Corica Michael R and Corica Lorie Lei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,735,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2014
Sold by
Kbd Options Llc
Bought by
Xtreme Nerds Llc

Purchase Details

Closed on
Apr 25, 2011
Sold by
U S Bank National Association
Bought by
Kbd Options Llc

Purchase Details

Closed on
Aug 16, 2010
Sold by
Splawski Krzysztof
Bought by
U S Bank National Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
William David Holdings Llc $975,000 Driggs Title Agency
Jtf Investment Group Llc $325,000 Driggs Title Agency Inc
Buck Eye Az Holdings Limited -- None Available
Corica Michael R $1,930,000 Chicago Title Agency Inc
Xtreme Nerds Llc -- None Available
Kbd Options Llc $69,000 Fidelity National Title Insu
U S Bank National Association $102,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jtf Investment Group Llc $266,500
Previous Owner Corica Michael R $1,735,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $975,000 -2.5% $1,773 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/03/2024 04/03/24 Price Changed $1,000,000 -9.1% $1,818 / Sq Ft
02/02/2024 02/02/24 Price Changed $1,100,000 0.0% $2,000 / Sq Ft
02/02/2024 02/02/24 For Sale $1,100,000 +12.8% $2,000 / Sq Ft
02/01/2024 02/01/24 Off Market $975,000 -- --
12/28/2023 12/28/23 For Sale $1,200,000 0.0% $2,182 / Sq Ft
09/29/2023 09/29/23 Off Market $1,200,000 -- --
07/13/2023 07/13/23 For Sale $1,200,000 +269.2% $2,182 / Sq Ft
07/28/2020 07/28/20 Sold $325,000 -9.7% $591 / Sq Ft View Prior Sale
06/22/2020 06/22/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $360,000 -- $655 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,955 $24,316 -- --
2024 $1,207 $23,158 -- --
2023 $1,207 $38,390 $7,010 $31,380
2022 $1,211 $25,480 $4,650 $20,830
2021 $1,266 $23,690 $4,330 $19,360
2020 $1,203 $20,530 $3,750 $16,780
2019 $1,142 $12,710 $2,320 $10,390
2018 $1,085 $10,760 $1,960 $8,800
2017 $1,023 $12,100 $2,210 $9,890
2016 $1,002 $11,240 $2,050 $9,190
2015 $937 $11,160 $2,040 $9,120
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Diana Mendoza

    Coldwell Banker Realty

  • Carin Nguyen

    Buyer's Agent in 2024

    Carin Nguyen

    Real Broker

    (623) 223-1660

    198 in this area

    2,256 Total Sales

    Carin Nguyen
    Section Image
  • Julie Gutwein

    Buyer Co-Listing Agent in 2024

    Julie Gutwein

    Real Broker

    (623) 223-1663

    38 in this area

    242 Total Sales

    Julie Gutwein
    Section Image

  • J

    Seller's Agent in 2020

    James Stephens

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 672-3526

    52 Total Sales

    James Stephens
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6579528

Arizona Regional Multiple Listing Service (ARMLS)

APN: 400-25-087

Arizona Maricopa County Buckeye 85326

108 S 7th St, Buckeye, AZ

Not Listed for Sale

MultiFamily

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.