NOT LISTED FOR SALE

108 S 7th St Buckeye, AZ 85326

Estimated Value: $661,000 - $895,610

6 Beds
6 Baths
550 Sq Ft
$1,385/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2024

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

Est. 22% decrease in value since last sale

Current estimated payment $4,336 / mo

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

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 12, 2023
Closed on
Apr 29, 2024
Sold by
Bought by
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
$761,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$213,347
Avg. Annual Appreciation
-10.80%

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 23, 2020
Sold by
Bought by
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
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
$1,735,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2018
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
$1,735,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$975,000 Driggs Title Agency
$325,000 Driggs Title Agency Inc
-- None Available
$1,930,000 Chicago Title Agency Inc
-- None Available
$69,000 Fidelity National Title Insu
$102,000 None Available
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 $266,500
Previous Owner $1,735,000
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 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

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 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6579528

Arizona Regional Multiple Listing Service (ARMLS)

APN: 400-25-087

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