NOT LISTED FOR SALE

Estimated Value: $726,000 - $814,000

-- Bed
-- Bath
3,227 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $690,000 $214 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,355/month

5 Days on Market

Highlights

  • Heated Community Pool
  • Central Heating and Cooling System
  • Vinyl Flooring
  • Sunnyslope High School Rated A

About This Home

As of August 2023

Turn-Key 4 Plex Ready For New Ownership! All Units Are 2 Bed 2 Bath. Fully Occupied on Month To Month Leases - Units Completely Renovated In 2020 With New AC Units, Electrical Panels, Fresh Paint, Quartz Countertops, Stainless Steel Appliances, New Flooring, Light Fixtures & New Kitchen and Bathrooms. Main Floor Units Have Good Sized Private Yards and Upper Units Have Private Balconies. HOA Covers Building Exterior, Roof, Parking Lot, Community Pool & Common Areas.

Last Listed By

Daniel Schaffler

Compass License #BR647934000 Listed on: 06/30/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 1984

Lot Details

  • 5,097

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Vinyl Flooring

Parking

  • 4 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 159-14-068

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Muy Felices Casas Lt 1 20 Tr A G Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $10,099
  • Gross Income $61,110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,719

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 15th Avenue & Peoria Avenue
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3A
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2023
  • Directions: Peoria To 15th Avenue - North To Sahuaro Drive, West To Property
  • Road Surface Type: Asphalt
  • Subdivision Name: MUY FELICES CASAS LT 1-20 TR A-G
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Disposal, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Pool2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Built-Up

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved, >1 Space Per Unit, Carport
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 159-14-068

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 61110.0
  • Annual Operating Expense: 10099.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1719.0
  • Tax Book Number: 159.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Sep 27, 2023
Sold by
Gagle Mark and Miller Victor
Bought by
Serenity Now Rental Llc
Seller's Agent
Daniel Schaffler
Compass
Buyer's Agent
Tomi Garringer
HomeSmart
List Price
$690,000
Sold Price
$690,000
Total Days on Market
5
Views
10
Current Estimated Value
$758,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,333
Avg. Annual Appreciation
5.54%
Original Mortgage
$483,000
Interest Rate
6.67%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 8, 2023
Sold by
Ridge Home Management Llc
Bought by
Gagle Mark and Miller Victor
Seller's Agent
Daniel Schaffler
Compass
Buyer's Agent
Tomi Garringer
HomeSmart
List Price
$690,000
Sold Price
$690,000
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Interest Rate
6.67%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jun 22, 2023
Sold by
Sheriff Of Maricopa County
Bought by
Ridge Home Management Llc
Seller's Agent
Daniel Schaffler
Compass
Buyer's Agent
Tomi Garringer
HomeSmart
List Price
$690,000
Sold Price
$690,000
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Interest Rate
6.67%
Mortgage Type
Construction

Purchase Details

Closed on
May 4, 2023
Sold by
Sheriff Of The County Of Maricopa State
Bought by
16Th Ave Trust

Purchase Details

Listed on
Aug 17, 2020
Closed on
Sep 8, 2020
Sold by
Avdg Investments Llc
Bought by
Ridge Home Management Llc
Seller's Agent
Mark Skelpsa
HomeSmart Realty
Buyer's Agent
Daniel Schaffler
Compass
List Price
$615,000
Sold Price
$600,000
Premium/Discount to List
-$15,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$390,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2019
Sold by
Oc Ventures Llc
Bought by
Avdg Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2019
Sold by
One Four Seven Ventures Llc
Bought by
Oc Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2005
Sold by
Saribekyan Edgar
Bought by
Khalid Sajida P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2005
Sold by
Sekuljica Arsen
Bought by
Saribekyan Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
10.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2001
Sold by
Woodbury Tamara
Bought by
Sekuljica Arsen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
7.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1998
Sold by
Taft Nadia
Bought by
Woodbury Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 1995
Sold by
Fick Rudy and Fick Julie B
Bought by
Taft Nadia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.62%
Mortgage Type
New Conventional

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
Serenity Now Rental Llc -- None Listed On Document
Gagle Mark $690,000 Wfg National Title Insurance C
Ridge Home Management Llc $56,199 None Listed On Document
16Th Ave Trust $52,000 --
Ridge Home Management Llc $600,000 Commonwealth Title Ins Co
Avdg Investments Llc $360,000 Fidelity Natl Ttl Agcy Inc
Oc Ventures Llc $285,000 Fidelity Natl Ttl Agcy Inc
One Four Seven Ventures Llc $272,500 Fidelity Natl Ttl Agcy Inc
Khalid Sajida P $380,000 Nations Direct Title
Saribekyan Edgar $320,000 Arizona Title Agency Inc
Sekuljica Arsen $170,000 First American Title
Woodbury Tamara $160,000 Fidelity Title
Taft Nadia $105,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gagle Mark $483,000
Previous Owner Ridge Home Management Llc $390,000
Previous Owner Avdg Investments Llc $400,000
Previous Owner Avdg Investments Llc $928,000
Previous Owner Avdg Investments Llc $288,000
Previous Owner Khalid Sajida P $296,000
Previous Owner Saribekyan Edgar $240,000
Previous Owner Sekuljica Arsen $187,000
Previous Owner Sekuljica Arsen $177,300
Previous Owner Sekuljica Arsen $161,500
Previous Owner Woodbury Tamara $152,000
Previous Owner Taft Nadia $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $690,000 0.0% $214 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $690,000 +15.0% $214 / Sq Ft
09/15/2020 09/15/20 Sold $600,000 -2.4% $186 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $615,000 -- $191 / Sq Ft
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 $1,810 $14,799 -- --
2024 $1,777 $14,094 -- --
2023 $1,777 $48,780 $9,750 $39,030
2022 $1,719 $30,980 $6,190 $24,790
2021 $1,741 $25,430 $5,080 $20,350
2020 $1,698 $22,710 $4,540 $18,170
2019 $1,667 $18,680 $3,730 $14,950
2018 $1,623 $15,830 $3,160 $12,670
2017 $1,615 $15,520 $3,100 $12,420
2016 $1,585 $14,410 $2,880 $11,530
2015 $1,468 $14,260 $2,850 $11,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6575212

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-14-068