NOT LISTED FOR SALE

Estimated Value: $369,915 - $944,000

-- Bed
-- Bath
2,652 Sq Ft
$279/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $165,000 $62 Per Sq Ft

Est. 348% increase in value since last sale

Current estimated payment $4,149/month

34 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of July 2013

Upgraded, remodeled urban Phoenix fourplex. An investment property set to take advantage of a gentrifying popular urban neighborhood near ASU, the Light Rail, research center. It's in the midst of a growing tenant pool and a neighborhood which may benefit greatly from the development of downtown Phoenix. Easy to run, easy to rent. Capital improvements include newer washers and dryers in the units, new railings, new driveway paving, fresh painting, newer air conditioners, new doors amongst others.

Last Agent to Sell the Property

Artur Ciesielski

HomeSmart License #SA527273000 Listed on: 04/14/2013

HomeSmart

Co-Listed By

Joanna Zajusz

HomeSmart License #SA536079000

Last Buyer's Agent

Dave Israel

Arizona Excellence Realty License #BR533143000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,101

Year Built

  • Built in 1984

Lot Details

  • 7,710

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 42
  • Assessor Parcel Number 116-27-099

Community Details

Overview

  • 4 Units
  • Building Dimensions are 55 x 140
  • Hoopers Sub. Subdivision

Building Details

  • Operating Expense $5,553
  • Net Operating Income $20,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,101

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 1-10 & 7th Street.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULT
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2012
  • Directions: South to Roosevelt. East to 11st St. South to Pierce to property on North East corner.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: HOOPERS SUB.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Lot Info

  • Lot Size: 55 x 140
  • Additional Parcels: No
  • Parcel #: 116-27-099

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 4
  • Insurance Expense: 852.0
  • Property Net Operating Income: 20580.0
  • Annual Operating Expense: 5553.0

Tax Info

  • Tax Annual Amount: 1101.0
  • Tax Book Number: 116.00
  • Tax Lot: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2022
Sold by
Dylan Mefford
Bought by
Arkad Investments Llc
Current Estimated Value
$738,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$369,414
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$427,238

Purchase Details

Closed on
Jan 24, 2022
Sold by
Arkad Investments Llc
Bought by
Mefford Dylan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$369,414
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$427,238

Purchase Details

Listed on
Apr 14, 2013
Closed on
Aug 1, 2013
Sold by
Mcfford Rylan
Bought by
Arkad Investments Llc
Seller's Agent
Artur Ciesielski
HomeSmart
Buyer's Agent
Dave Israel
Arizona Excellence Realty
List Price
$200,000
Sold Price
$165,000
Premium/Discount to List
-$35,000
-17.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.88%
Original Mortgage
$112,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2013
Closed on
Jun 10, 2013
Sold by
Kraft Michele M
Bought by
Mefford Dylan
Seller's Agent
Artur Ciesielski
HomeSmart
Buyer's Agent
Dave Israel
Arizona Excellence Realty
List Price
$200,000
Sold Price
$165,000
Premium/Discount to List
-$35,000
-17.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2010
Sold by
1102 E Pierson Llc
Bought by
Kraft Michele M and The Michele M Kraft Revocable Trust

Purchase Details

Closed on
Jun 10, 2010
Sold by
Aurora Loan Services Llc
Bought by
1102 E Pierce Llc

Purchase Details

Closed on
May 6, 2010
Sold by
Selles Oscar
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
May 18, 2006
Sold by
Selles Adrienne
Bought by
Selles Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 2, 2006
Sold by
Shelby Llc
Bought by
Selles Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 10, 2006
Sold by
Waite Sherry
Bought by
Shelby Llc

Purchase Details

Closed on
Jun 15, 2005
Sold by
Cruz Gerardo
Bought by
Garcia Hector D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2005
Sold by
Garcia Hector D
Bought by
Waite Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2002
Sold by
Garcia Hector D
Bought by
Garcia Hector D and Cruz Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,501
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2001
Sold by
Trejo Jose Ruben
Bought by
Garcia Hector D and Cruz Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,937
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 1998
Sold by
Trejo Lorena Silva
Bought by
Trejo Jose Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,376
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 1997
Sold by
Stufflebeam Dorothy Aileen
Bought by
Haverstick Charles Daniel
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
Arkad Investments Llc -- None Listed On Document
Mefford Dylan -- Clear Title
Arkad Investments Llc -- None Available
Mefford Dylan $155,000 Driggs Title Agency Inc
Kraft Michele M -- None Available
1102 E Pierce Llc $94,900 Accommodation
Aurora Loan Services Llc $226,604 Accommodation
Selles Oscar -- Security Title Agency Inc
Selles Oscar $275,000 Security Title Agency Inc
Shelby Llc -- None Available
Garcia Hector D -- --
Waite Sherry $242,500 First American Title Ins Co
Garcia Hector D -- Stewart Title & Trust
Garcia Hector D $120,000 Security Title Agency
Trejo Jose Ruben -- Stewart Title & Trust
Trejo Jose Ruben $95,000 Stewart Title & Trust
Haverstick Charles Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mefford Dylan $390,000
Previous Owner Mefford Dylan $112,500
Previous Owner Selles Oscar $196,000
Previous Owner Waite Sherry $169,750
Previous Owner Garcia Hector D $117,131
Previous Owner Garcia Hector D $118,501
Previous Owner Garcia Hector D $118,937
Previous Owner Trejo Jose Ruben $94,376
Closed Waite Sherry $48,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2013 07/12/13 Sold $165,000 -17.5% $62 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $200,000 -- $75 / 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 $1,470 $10,993 -- --
2024 $1,456 $10,470 -- --
2023 $1,456 $45,520 $9,100 $36,420
2022 $1,404 $30,720 $6,140 $24,580
2021 $1,394 $24,770 $4,950 $19,820
2020 $1,410 $23,320 $4,660 $18,660
2019 $1,407 $18,010 $3,600 $14,410
2018 $1,383 $14,520 $2,900 $11,620
2017 $1,351 $12,800 $2,560 $10,240
2016 $1,312 $10,300 $2,060 $8,240
2015 $1,214 $9,970 $1,990 $7,980
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4920162

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-27-099