$885,000
SOLD AUG 23, 2024
-- Bed
-- Bath
1,620 Sq Ft
5,184 Sq Ft Lot

Recently Sold

$546 Per Sq Ft

2% Below List Price

5 Days on Market

Highlights

  • Heated Community Pool
  • Sunnyslope High School Rated A
  • Heating Available

About This Home

As of August 2024

Remodeled 4-Plex Investment property in the North Phoenix. The property has 4 2bedroom/1bath units, large size with upgraded appliances, in suite washer/dryer and more. Community features sparkling pool, parks and playground. Close to A-rated, schools, shopping, amenities and commuter highways. Perfect for a passive income property with upside in rents. The property is Tenant occupied so interior viewings upon mutually accepted offer only.

Last Agent to Sell the Property

Samir Sawhney

XCD Realty & Property Mgmt License #BR645393000 Listed on: 06/16/2024

Last Buyer's Agent

Samir Sawhney

XCD Realty & Property Mgmt License #BR645393000 Listed on: 06/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Stucco

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces

Schools

  • Washington Elementary School - Phoenix
  • Mountain View High Middle School
  • Glendale High School

Utilities

  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water
  • Tax Lot 1
  • Assessor Parcel Number 159-14-069

Community Details

Overview

  • 4 Units
  • Building Dimensions are 4053
  • Muy Felices Casas Lt 1 20 Tr A G Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $14,845
  • Gross Income $77,381
  • Net Operating Income $62,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,781

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 19th Ave & Peoria
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Subdivision Name: MUY FELICES CASAS LT 1-20 TR A-G
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other (See Remarks), F/S Oven/Range, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Frame - Wood
  • Roof: See Remarks
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: See Remarks
  • Heating: Other
  • Heating Yn: Yes
  • Water Source: Master Meter

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Community Amenities:Pool2: Yes

Fee Information

  • Annual Water Sewer Expense: 4080.0

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Mountain View High School

Lot Info

  • Lot Size: 4053
  • Additional Parcels: No
  • Parcel #: 159-14-069

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 77380.8
  • Insurance Expense: 2000.0
  • Property Net Operating Income: 62500.0
  • Annual Operating Expense: 14845.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1781.0
  • Tax Book Number: 159.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2024
Closed on
Aug 23, 2024
Sold by
Skgnu Llc
Bought by
Rigo 4 Llc
Seller's Agent
Samir Sawhney
XCD Realty & Property Mgmt
Buyer's Agent
Samir Sawhney
XCD Realty & Property Mgmt
List Price
$899,500
Sold Price
$885,000
Premium/Discount to List
-$14,500
-1.61%
Total Days on Market
5
Views
3
Current Estimated Value
$870,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,390
Avg. Annual Appreciation
-2.08%
Original Mortgage
$449,940
Outstanding Balance
$446,596
Interest Rate
6.89%
Mortgage Type
Seller Take Back
Estimated Equity
$424,014

Purchase Details

Listed on
Aug 5, 2023
Closed on
Oct 2, 2023
Sold by
Blsi Properties Llc
Bought by
Freiman Samuel Unzek
Seller's Agent
Samir Sawhney
XCD Realty & Property Mgmt
Buyer's Agent
Samir Sawhney
XCD Realty & Property Mgmt
List Price
$795,900
Sold Price
$750,000
Premium/Discount to List
-$45,900
-5.77%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.19%
Original Mortgage
$462,262
Interest Rate
7.09%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 22, 2021
Closed on
Nov 4, 2021
Sold by
Narla Pavan K
Bought by
Blsi Properties Llc
Seller's Agent
Erick Garcia
Lotus Real Estate
Buyer's Agent
Samir Sawhney
XCD Realty & Property Mgmt
List Price
$690,000
Sold Price
$680,000
Premium/Discount to List
-$10,000
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$480,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2020
Closed on
Dec 23, 2020
Sold by
Narla Padmaja
Bought by
Narla Venkata R
Seller's Agent
Ryan Swan
HomeSmart
Buyer's Agent
Erick Garcia
Lotus Real Estate
List Price
$549,000
Sold Price
$540,200
Premium/Discount to List
-$8,800
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.28%
Original Mortgage
$405,150
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2020
Sold by
Fahmi Inger Kareem and Fahmi Christine Taylor
Bought by
Cavu Investment Properties Llc

Purchase Details

Listed on
Nov 15, 2019
Closed on
Jan 2, 2020
Sold by
Mbc Investments Properties Llc
Bought by
Fahmi Inger Kareem and Fahmi Christine Taylor
Seller's Agent
Angie Silasi
Prestige Realty
Buyer's Agent
Ryan Swan
HomeSmart
List Price
$459,000
Sold Price
$445,000
Premium/Discount to List
-$14,000
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%

Purchase Details

Closed on
Aug 28, 2019
Sold by
Lili Rubin Investments Properties Llc
Bought by
Mbc Investments Properties 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
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2019
Sold by
One Four Seven Ventures Llc
Bought by
Lili Rubin Investments Properties 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
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2019
Sold by
Acker Ronald W
Bought by
One Four Seven 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
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 8, 2016
Closed on
Oct 24, 2016
Sold by
Rehoboth Community Development Corporati
Bought by
Acker Ronald W
Seller's Agent
Irma Cazarez
Realty ONE Group
Buyer's Agent
Sharon Johnson
Realty ONE Group
List Price
$214,500
Sold Price
$214,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.67%
Original Mortgage
$203,500
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Rehoboth Community Development Corporati

Purchase Details

Closed on
Nov 2, 2009
Sold by
Henderson Willie
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 1, 2009
Sold by
Henderson Willie and Henderson Kimberly
Bought by
Madison Irvin

Purchase Details

Closed on
Nov 8, 2007
Sold by
Newstart Dmd Llc
Bought by
Henderson Willie and Henderson Kimberly

Purchase Details

Closed on
Feb 7, 2006
Sold by
Henderson Willie
Bought by
Newstart Dmd Llc

Purchase Details

Closed on
Jul 9, 2004
Sold by
Henderson Kimberly
Bought by
Henderson Willie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2004
Sold by
Pickett Mark R
Bought by
Henderson Willie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2002
Sold by
Mai Harry and Mai Manichanh
Bought by
Pickett Mark R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 1999
Sold by
Redwood Properties Llc
Bought by
Mai Harry P and Mai Manichanh S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 21, 1998
Sold by
Roemmich Jon and Roemmich Karen
Bought by
Redwood Properties Llc

Purchase Details

Closed on
Feb 17, 1998
Sold by
Spiess Cindy and Spiess Lowell J
Bought by
Roemmich Jon and Roemmich Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
9.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1997
Sold by
Hawkins Nancy
Bought by
Spiess Cindy and Spiess Lowell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
7.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $885,000 Chicago Title
Warranty Deed -- Chicago Title
Warranty Deed $750,000 Magnus Title Agency
Warranty Deed $680,000 Magnus Title Agency
Interfamily Deed Transfer -- Clear Title Agency Of Az
Warranty Deed $540,200 Clear Title Agency Of Az
Interfamily Deed Transfer -- None Available
Warranty Deed $444,200 Magnus Title Agency Llc
Special Warranty Deed $360,000 American Title Svc Agcy Llc
Special Warranty Deed $295,000 None Available
Trustee Deed $252,000 Title 365
Warranty Deed $214,500 Empire West Title Agency Llc
Cash Sale Deed $81,823 Empire West Title Agency
Trustee Deed $101,500 Security Title Agency
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $234,000 Fidelity National Title
Warranty Deed $192,000 First American Title Ins Co
Warranty Deed $165,000 Fidelity Title
Warranty Deed -- Transnation Title Insurance
Warranty Deed $154,000 Transnation Title Insurance
Warranty Deed $119,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $449,940 Seller Take Back
Previous Owner $462,262 Seller Take Back
Previous Owner $480,000 New Conventional
Previous Owner $405,150 New Conventional
Previous Owner $288,000 Purchase Money Mortgage
Previous Owner $203,500 FHA
Previous Owner $203,500 FHA
Previous Owner $150,000 Credit Line Revolving
Previous Owner $75,000 Credit Line Revolving
Previous Owner $187,200 Purchase Money Mortgage
Previous Owner $187,200 Purchase Money Mortgage
Previous Owner $182,400 New Conventional
Previous Owner $148,500 Seller Take Back
Previous Owner $123,200 New Conventional
Previous Owner $107,100 New Conventional
Closed $15,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $885,000 -1.6% $546 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/16/2024 06/16/24 For Sale $899,500 +19.9% $555 / Sq Ft
09/29/2023 09/29/23 Sold $750,000 -5.8% $463 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $795,900 +17.0% $491 / Sq Ft
11/09/2021 11/09/21 Sold $680,000 -1.4% $420 / Sq Ft
11/03/2021 11/03/21 Price Changed $690,000 0.0% $426 / Sq Ft
10/16/2021 10/16/21 For Sale $690,000 0.0% $426 / Sq Ft
10/16/2021 10/16/21 Price Changed $690,000 0.0% $426 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $690,000 +27.7% $426 / Sq Ft
12/28/2020 12/28/20 Sold $540,200 -1.6% $333 / Sq Ft
12/25/2020 12/25/20 For Sale $549,000 0.0% $339 / Sq Ft
12/25/2020 12/25/20 Price Changed $549,000 0.0% $339 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $549,000 +23.4% $339 / Sq Ft
01/13/2020 01/13/20 Sold $445,000 -3.1% $275 / Sq Ft
01/11/2020 01/11/20 Price Changed $459,000 0.0% $283 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
11/26/2019 11/26/19 For Sale $459,000 0.0% $283 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $459,000 +114.0% $283 / Sq Ft
10/27/2016 10/27/16 Sold $214,500 0.0% $132 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $214,500 0.0% $132 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $214,500 0.0% $132 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
07/28/2016 07/28/16 Price Changed $214,500 -0.2% $132 / Sq Ft
07/23/2016 07/23/16 For Sale $215,000 0.0% $133 / Sq Ft
07/15/2016 07/15/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $215,000 -- $133 / 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 $1,814 $14,833 -- --
2024 $1,781 $14,127 -- --
2023 $1,781 $48,200 $9,640 $38,560
2022 $1,723 $30,720 $6,140 $24,580
2021 $1,745 $25,480 $5,090 $20,390
2020 $1,702 $22,760 $4,550 $18,210
2019 $1,671 $18,710 $3,740 $14,970
2018 $1,627 $15,860 $3,170 $12,690
2017 $1,619 $15,530 $3,100 $12,430
2016 $1,589 $14,430 $2,880 $11,550
2015 $1,472 $14,280 $2,850 $11,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6720072

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-14-069