NOT LISTED FOR SALE

Estimated Value: $464,000 - $606,000

-- Bed
-- Bath
2,340 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $327,500 $140 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,915/month

113 Days on Market

Highlights

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

About This Home

As of June 2020

We are pleased to present a beautiful triplex with moutain views in the heart of Phoenix. Fully rented all two bedrooms one bath units with yards. All units have central air and newer roof, new paint and a new fence. Two of the units have been updated. Current rents are below market 600-650. Nice value add to add rents to increase your return. Seller is also willing to entertain an seller carry back.There is a onsite laundry where you could add a coin op for income.
All facts and figuers are approximate buyer verify MLS information. Drive by only.

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000 Listed on: 01/31/2020

Co-Listed By

Joshua Willets

Grace CRE License #BR675965000

Last Buyer's Agent

Nathan Leidigh

Real Broker License #SA652186000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,016

Year Built

  • Built in 1962

Lot Details

  • 9,017

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer
  • Tax Lot unknown
  • Assessor Parcel Number 159-11-022-J

Community Details

Overview

  • 3 Units
  • Building Dimensions are irregular

Building Details

  • Operating Expense $8,866
  • Gross Income $31,920
  • Net Operating Income $23,114

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,016

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: N on 19th Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2019
  • Directions: N on 19th Ave 2 Blocks past Peoria to Desert Cove East on Desert Cove.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1650.0
  • Co List Office Mls Id: grcr001
  • Co List Office Phone: 602-758-9981
  • Tax Parcel Letter: J
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1000.0
  • Annual Water Sewer Expense: 1500.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: irregular
  • Additional Parcels: No
  • Parcel #: 159-11-022-J

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer
  • Number Of Units Total: 3
  • Electric Expense: 500.0
  • Annual Gross Income: 31920.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 23114.0
  • Annual Operating Expense: 8866.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1016.0
  • Tax Book Number: 159.00
  • Tax Lot: unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2025
Sold by
Smith Joseph D
Bought by
Jw Living Trust and Smith
Current Estimated Value
$515,643

Purchase Details

Listed on
Jan 31, 2020
Closed on
Jun 17, 2020
Sold by
Mannigel Smith Wendy
Bought by
Smith Joseph D
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Nathan Leidigh
Real Broker
List Price
$350,000
Sold Price
$327,500
Premium/Discount to List
-$22,500
-6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$245,625
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2020
Closed on
Jun 1, 2020
Sold by
Dobbins & 331St Ave Investmetns Llc
Bought by
Smith Joseph D
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Nathan Leidigh
Real Broker
List Price
$350,000
Sold Price
$327,500
Premium/Discount to List
-$22,500
-6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,625
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Dobbins & 331St Ave Investments Llc

Purchase Details

Closed on
Jan 6, 2009
Sold by
Hurt David W and Hurt Janis E
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 25, 2004
Sold by
Dnj Management Llc
Bought by
Hurt David W and Hurt Janis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2002
Sold by
Hurt Janis E
Bought by
Hurt David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
6.05%
Source: Public Records

Range of Values:

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
Jw Living Trust -- None Listed On Document
Smith Joseph D -- Lawyers Title Of Arizona Inc
Smith Joseph D $327,500 Lawyers Title Of Arizona Inc
Dobbins & 331St Ave Investments Llc $48,500 Lawyers Title Of Arizona Inc
Deutsche Bank National Trust Company $174,320 None Available
Hurt David W -- First Financial Title Agency
Hurt David W -- Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Joseph D $245,625
Previous Owner Hurt David W $525,000
Previous Owner Hurt David W $153,000
Previous Owner Hurt David W $106,400
Closed Hurt David W $19,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $327,500 -6.4% $140 / Sq Ft
03/30/2020 03/30/20 For Sale $350,000 0.0% $150 / Sq Ft
03/30/2020 03/30/20 Price Changed $350,000 0.0% $150 / Sq Ft
01/29/2020 01/29/20 For Sale $350,000 -- $150 / 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 $1,103 $9,018 -- --
2024 $1,083 $8,588 -- --
2023 $1,083 $35,420 $7,080 $28,340
2022 $1,048 $25,300 $5,060 $20,240
2021 $1,061 $21,610 $4,320 $17,290
2020 $1,035 $19,080 $3,810 $15,270
2019 $1,016 $16,630 $3,320 $13,310
2018 $989 $13,860 $2,770 $11,090
2017 $984 $11,050 $2,210 $8,840
2016 $966 $10,350 $2,070 $8,280
2015 $895 $8,800 $1,760 $7,040
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6030965

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-11-022J