NOT LISTED FOR SALE

Estimated Value: $711,000 - $774,000

-- Bed
-- Bath
2,938 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $725,000 $247 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,998/month

2 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of May 2024

Discover an exceptional hillside 4-plex offering unparalleled mountain views. Perfectly located, it provides easy access to hiking and biking trails, ensuring a blend of adventure and tranquility. The property features two 1,110 sq ft upstairs units with 2 bedrooms, 1 bath, and large balconies to enjoy the scenery. Downstairs houses two cozy studios, perfect for various living needs. With ample parking and storage, this low-maintenance property in a popular area ensures hassle-free renting. An ideal investment opportunity awaits.

Last Agent to Sell the Property

Anthony Guerriero

Russ Lyon Sotheby's International Realty License #SA663981000 Listed on: 03/30/2024

Russ Lyon Sotheby's International Realty

Co-Listed By

Cynthia Dewine

Russ Lyon Sotheby's International Realty License #BR532584000

Last Buyer's Agent

Mason Weiss

Barrett Real Estate License #SA697837000

Barrett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,893

Year Built

  • Built in 1963

Home Design

  • Block Exterior

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 5 Open Parking Spaces
  • 6 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • Free Parking
  • Paved Parking

Schools

  • Desert View Elementary School
  • Royal Palm Middle School
  • Sunnyslope High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer, landscaping
  • Tax Lot 17
  • Assessor Parcel Number 160-06-162

Community Details

Overview

  • 4 Units
  • Building Dimensions are 74x126
  • Beverly Hills Unit 1 Subdivision

Building Details

  • Operating Expense $13,893
  • Gross Income $59,280
  • Net Operating Income $45,387

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,893

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 7th St & Butler Dr.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2023
  • Co List Office Mls Id: lyon24
  • Co List Office Phone: 480-750-7424
  • Subdivision Name: BEVERLY HILLS UNIT 1
  • Cooling:Central Air: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood, Concrete
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Paved, Free, >1 Space Per Unit, 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS, Master Meter, Individual Meter
  • Cooling: Central Air, Window/Wall Unit
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Fuel Expense: 500.0
  • Trash Expense: 500.0
  • Annual Water Sewer Expense: 1000.0

Schools

  • Elementary School: Desert View Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Lot Size: 74x126
  • Additional Parcels: No
  • Parcel #: 160-06-162

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 3000.0
  • Annual Gross Income: 59280.0
  • Insurance Expense: 3500.0
  • Maintenance Expense: 3500.0
  • Property Net Operating Income: 45387.0
  • Annual Operating Expense: 13893.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1893.0
  • Tax Book Number: 160.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Sudarso Stanley and Lee Kelly Jessica
Bought by
Sudarso And Lee Trust and Sudarso
Current Estimated Value
$733,276

Purchase Details

Listed on
Mar 30, 2024
Closed on
May 2, 2024
Sold by
Bradley Rachel D and Annis Rachel Diane
Bought by
Lee Kelly Jessica and Sudarso Stanley
Seller's Agent
Anthony Guerriero
Russ Lyon Sotheby's International Realty
Buyer's Agent
Mason Weiss
Barrett Real Estate
List Price
$725,000
Sold Price
$725,000
Views
489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.68%
Original Mortgage
$543,750
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2016
Closed on
Jun 16, 2016
Sold by
Kozlowski Sabina
Bought by
Bradley Rachel D
Seller's Agent
Margo Rudick
HomeSmart
Buyer's Agent
Cynthia Dewine
Russ Lyon Sotheby's International Realty
List Price
$385,000
Sold Price
$342,000
Premium/Discount to List
-$43,000
-11.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%

Purchase Details

Listed on
Mar 24, 2016
Closed on
Jun 14, 2016
Sold by
Kozlowski Sabina and Kozolowski Sabina
Bought by
Bradley Rachel D
Seller's Agent
Margo Rudick
HomeSmart
Buyer's Agent
Cynthia Dewine
Russ Lyon Sotheby's International Realty
List Price
$385,000
Sold Price
$342,000
Premium/Discount to List
-$43,000
-11.17%

Purchase Details

Closed on
Apr 1, 2008
Sold by
Wildman James D and James D Wildman Revocable Trus
Bought by
Kozolowski Sabina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 19, 2007
Sold by
Wildman James D and Dorothy I Bond Trust
Bought by
Wildman James D and James D Wildman Revocable Trus

Purchase Details

Closed on
Apr 4, 2007
Sold by
M & L Partnership
Bought by
Wildman James D and Dorothy I Bond Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,324
Interest Rate
6.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 29, 2005
Sold by
Biastoch Loyd and Biastoch Magdalena Revocable F
Bought by
M & L Partnership

Purchase Details

Closed on
Jun 8, 2004
Sold by
Ilyayev Yakov
Bought by
Ladish David and Ladish Melanie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
4.13%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 20, 2000
Sold by
Biastoch Magdalena
Bought by
Magdalena Biastoch Rev Fam Tr

Purchase Details

Closed on
Jun 10, 1998
Sold by
Normel Investments Llc
Bought by
Norcon Industries Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sudarso And Lee Trust -- None Listed On Document
Lee Kelly Jessica $725,000 Arizona Premier Title
Bradley Rachel D $342,000 Magnus Title Agency Llc
Bradley Rachel D $342,000 Magnus Title Agency
Kozolowski Sabina $355,000 Chicago Title
Wildman James D -- None Available
Wildman James D $307,000 Commonwealth Land Title Insu
M & L Partnership -- --
Ladish David $291,000 Stewart Title & Trust Of Pho
Magdalena Biastoch Rev Fam Tr -- --
Norcon Industries Inc $196,365 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Kelly Jessica $543,750
Previous Owner Kozolowski Sabina $335,000
Previous Owner Wildman James D $54,324
Previous Owner Ladish David $232,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2024 05/02/24 Sold $725,000 0.0% $247 / Sq Ft
04/01/2024 04/01/24 For Sale $725,000 +112.0% $247 / Sq Ft
06/17/2016 06/17/16 Off Market $342,000 -- --
06/16/2016 06/16/16 Sold $342,000 -11.2% $116 / Sq Ft View Prior Sale
03/24/2016 03/24/16 For Sale $385,000 0.0% $131 / Sq Ft
04/01/2015 04/01/15 Rented $600 0.0% --
03/28/2015 03/28/15 Under Contract -- -- --
03/07/2015 03/07/15 For Rent $600 -- --
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 $2,003 $15,765 -- --
2024 $1,893 $15,014 -- --
2023 $1,893 $60,720 $12,140 $48,580
2022 $1,831 $43,220 $8,640 $34,580
2021 $1,855 $40,560 $8,110 $32,450
2020 $1,809 $31,630 $6,320 $25,310
2019 $1,776 $26,450 $5,290 $21,160
2018 $1,729 $22,900 $4,580 $18,320
2017 $1,720 $19,330 $3,860 $15,470
2016 $1,689 $16,880 $3,370 $13,510
2015 $1,564 $14,600 $2,920 $11,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6684855

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-06-162