NOT LISTED FOR SALE

Estimated Value: $404,000 - $480,000

Studio
-- Bath
2,150 Sq Ft
$205/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2021

Last sale price $364,000 $169 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,442 / mo

1 Day on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Sunnyslope High School Rated A

About This Home

As of April 2021

Diamond in The Rough with Super Private Setting. Easy Desert Landscaping. 100% Occupied. Lots of Upside on the Rents. All Tenants are Month to Month. Long Term Owner Operator. Great Location Near Phoenix Mountain Preserve. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction. Please Do Not Disturb Tenants, Drive By Only

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 03/08/2021

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Steven Cvetanovich

Better Homes & Gardens Real Estate SJ Fowler License #BR646588000

Last Buyer's Agent

Luke Miller

Arizona Best Real Estate License #BR650651000

Arizona Best Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,036

Year Built

  • Built in 1981

Lot Details

  • 8,712

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Separate Meters

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 159-11-023-B

Community Details

Overview

  • 3 Units
  • Building Dimensions are 0.2 ACRES/8712SF

Building Details

  • Operating Expense $6,142
  • Gross Income $18,624
  • Net Operating Income $13,058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,036

Year Built

Built in 1981

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Cross Street: 19TH AVE & CACTUS
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1981
  • Tax Year: 2021
  • Road Surface Type: Concrete
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Brick
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Heat Pump, Ceiling Fan(s)
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Interior Amenities:Drapes2: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 1856.0

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Glendale High School
  • Middle Or Junior School: Mountain Sky Middle School

Lot Info

  • Lot Size: 0.2 ACRES/8712SF
  • Additional Parcels: No
  • Parcel #: 159-11-023-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 18624.0
  • Insurance Expense: 894.0
  • Maintenance Expense: 1300.0
  • Property Net Operating Income: 13058.0
  • Annual Operating Expense: 6142.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1036.0
  • Tax Book Number: 159.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Foote Jarrett and Foote Kelsey
Bought by
16Th Ave Apts Llc
Current Estimated Value
$439,953

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 5, 2021
Sold by
Mofid Vahid
Bought by
Foote Jarrett and Foote Kelsey
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Luke Miller
Arizona Best Real Estate
List Price
$365,000
Sold Price
$364,000
Premium/Discount to List
-$1,000
-0.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$273,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2013
Sold by
Newton Marie L
Bought by
Mofid Vahid

Purchase Details

Closed on
Sep 16, 2009
Sold by
Newton Marie Louise
Bought by
Newton Family Trust

Purchase Details

Closed on
Jun 3, 2009
Sold by
Newton Marie L
Bought by
Newton Marie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,023
Interest Rate
4.82%
Mortgage Type
VA

Purchase Details

Closed on
Sep 20, 2006
Sold by
Newton Marie L
Bought by
Newton Marie L and The Newton Family Trust

Purchase Details

Closed on
Dec 16, 2005
Sold by
Newton Marie L
Bought by
Newton William H and Newton Marie L

Purchase Details

Closed on
Dec 15, 2001
Sold by
Newton William H
Bought by
Newton Marie L

Purchase Details

Closed on
Sep 2, 1998
Sold by
Goodman Joseph D and Goodman Margaret E
Bought by
Newton William H and Newton Marie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.88%
Mortgage Type
VA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
16Th Ave Apts Llc -- None Available
Foote Jarrett $364,000 Clear Title Agency Of Az
Mofid Vahid $140,000 Title365 Agency
Newton Family Trust -- None Available
Newton Marie L -- Netco
Newton Marie L -- None Available
Newton William H -- --
Newton Marie L -- --
Newton William H $80,500 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Foote Jarrett $273,000
Previous Owner Newton Marie L $57,023
Previous Owner Newton William H $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2021 04/08/21 Sold $364,000 -0.3% $169 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $365,000 -- $170 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,147 $9,026 -- --
2024 $1,084 $8,597 -- --
2023 $1,084 $33,950 $6,790 $27,160
2022 $1,049 $24,150 $4,830 $19,320
2021 $1,062 $20,580 $4,110 $16,470
2020 $1,036 $18,510 $3,700 $14,810
2019 $1,017 $16,180 $3,230 $12,950
2018 $990 $13,500 $2,700 $10,800
2017 $985 $10,800 $2,160 $8,640
2016 $967 $10,200 $2,040 $8,160
2015 $896 $8,580 $1,710 $6,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6204094

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-11-023B

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