$154,900
SOLD JUN 28, 2019
-- Bed
-- Bath
1,759 Sq Ft
6,490 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

25 Days on Market

Highlights

  • Evaporated cooling system
  • Concrete Flooring
  • No Heating
  • Phoenix Coding Academy Rated A

About This Home

As of October 2020

Back On Market! (Buyer Financing Fell Through) Investors! Long-term tenants in place both with leases running through Winter of 2019! 2 Buildings on this property with a 4/2 in front, and a 2/1 in back. Seperate Entry for both. Do NOT disturb tenants. *Tenant Rights* Walk through upon contract acceptance. If you want turn key cash flow, you've found it!

Last Agent to Sell the Property

Jeremy Demers

Zion Realty, LLC License #BR656355000 Listed on: 04/27/2019

Last Buyer's Agent

Andrew Jonovich

Realty85 License #SA663375000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 1949

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Schools

  • Kenilworth Elementary School
  • Phoenix Prep Academy Middle School
  • North High School

Utilities

  • Evaporated cooling system
  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV
  • Tax Lot 44
  • Assessor Parcel Number 115-43-091

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 127 X 51
  • Lincoln Park Subdivision

Building Details

  • Operating Expense $2,415
  • Gross Income $17,010
  • Net Operating Income $17,010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$525

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Cross Street: Buckeye & 7th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Year Built: 1949
  • Tax Year: 2018
  • Directions: E on Buckeye to S 11th Street. S to Pima Street. East on Pima to Property on left.
  • Road Surface Type: Dedicated Street
  • Subdivision Name: LINCOLN PARK
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: 2 or More Units, Individual, Evaporative Cooling, Wall/Window Unit(s)
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: North High School
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 127 X 51
  • Additional Parcels: No
  • Parcel #: 115-43-091

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 17010.0
  • Property Net Operating Income: 17010.0
  • Annual Operating Expense: 2414.6
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 524.6
  • Tax Book Number: 115.00
  • Tax Lot: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 16, 2020
Sold by
Mccullough Codie and Mccullough Sean
Bought by
Vasquez Jose P and Vasquez Kerri A
Seller's Agent
Andrew Jonovich
Realty85
Buyer's Agent
Kerri Vasquez
Camelback Executive Realtors
List Price
$210,000
Sold Price
$213,000
Premium/Discount to List
$3,000
1.43%
Current Estimated Value
$324,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,255
Avg. Annual Appreciation
9.35%
Original Mortgage
$149,100
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2020
Sold by
Vasquez Jose and Vasquez Kerri
Bought by
Baino Llc

Purchase Details

Listed on
Apr 27, 2019
Closed on
Jun 26, 2019
Sold by
Titanium Investments Llc
Bought by
Mccullough Scan and Mccullough Codie
Seller's Agent
Jeremy Demers
Zion Realty, LLC
Buyer's Agent
Andrew Jonovich
Realty85
List Price
$154,900
Sold Price
$154,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%
Original Mortgage
$116,175
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2018
Sold by
Galan Ignacio Ayala and Vazquez Carmen
Bought by
Titanium Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 2, 2015
Sold by
Agr Investments Llc
Bought by
Galan Ignacio Ayala and Vazquez Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2014
Sold by
Spencers Investing Llc
Bought by
1106 E Pima Llc

Purchase Details

Closed on
Sep 26, 2012
Sold by
King Ann
Bought by
Spencers Ivesting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2012
Sold by
Bakerson Llc
Bought by
King Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
3.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 9, 2012
Sold by
Halbert Daniel S
Bought by
Bakerson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
3.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 2011
Sold by
Fannie Mae
Bought by
Ozvest Inc

Purchase Details

Closed on
Feb 23, 2011
Sold by
Shaw Lee B and Shaw Tracey D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 8, 2007
Sold by
Shaw Lee B
Bought by
Shaw Lee B and Shaw Tracey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2005
Sold by
Shaw Tracey D
Bought by
Shaw Lee B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 19, 2005
Sold by
Leon Hector and Romo Silvia
Bought by
Better Choice Investments Llc

Purchase Details

Closed on
Jan 29, 2004
Sold by
Guerrero Jeff and Guerrero Karen
Bought by
Leon Hector and Romo Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
11.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2003
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Guerrero Jeff and Guerrero Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2002
Sold by
Bank Of America N A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 18, 2001
Sold by
Desert Sky Acquisitions Llc
Bought by
Urquidez Michael and Hanamaikai Janelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2000
Sold by
Diaz Anna Marie Robles and Diaz Anna Marie R
Bought by
Desert Sky Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
8.2%
Source: Public Records

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Range of Values:

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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 $213,000 Driggs Title Agency Inc
Warranty Deed -- Accommodation
Warranty Deed $154,900 Driggs Title Agency Inc
Warranty Deed $103,000 Driggs Title Agency Inc
Special Warranty Deed $106,000 Security Title Agency Inc
Cash Sale Deed $80,000 Security Title Agency Inc
Quit Claim Deed -- Chicago Title Agency Inc
Warranty Deed $47,500 Chicago Title Agency Inc
Special Warranty Deed $35,000 Security Title Agency
Special Warranty Deed -- Security Title Agency
Interfamily Deed Transfer -- Security Title Agency
Cash Sale Deed $23,000 Security Title Agency
Cash Sale Deed $34,000 Stewart Title & Trust Of Pho
Trustee Deed $202,467 None Available
Interfamily Deed Transfer -- North American Title Co
Interfamily Deed Transfer -- North American Title Co
Warranty Deed $160,000 North American Title Co
Quit Claim Deed -- --
Warranty Deed -- Guaranty Title Agency
Special Warranty Deed $40,000 First American Title Ins Co
Corporate Deed -- --
Trustee Deed $58,950 --
Warranty Deed $79,900 Security Title Agency
Warranty Deed $31,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $149,100 New Conventional
Previous Owner $116,175 New Conventional
Previous Owner $97,000 Stand Alone First
Previous Owner $97,000 Stand Alone First
Previous Owner $79,500 Purchase Money Mortgage
Previous Owner $45,000 Purchase Money Mortgage
Previous Owner $12,000 Seller Take Back
Previous Owner $173,600 New Conventional
Previous Owner $112,000 Fannie Mae Freddie Mac
Previous Owner $75,000 Purchase Money Mortgage
Previous Owner $55,000 Purchase Money Mortgage
Previous Owner $77,500 New Conventional
Previous Owner $28,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $213,000 +1.4% $121 / Sq Ft
10/21/2020 10/21/20 Price Changed $210,000 0.0% $119 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $210,000 +35.6% $119 / Sq Ft
06/28/2019 06/28/19 Sold $154,900 0.0% $88 / Sq Ft
06/05/2019 06/05/19 For Sale $154,900 0.0% $88 / Sq Ft
06/05/2019 06/05/19 Price Changed $154,900 0.0% $88 / Sq Ft
04/26/2019 04/26/19 For Sale $154,900 -- $88 / 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 $557 $4,169 -- --
2024 $552 $3,971 -- --
2023 $552 $21,000 $4,200 $16,800
2022 $532 $14,330 $2,860 $11,470
2021 $528 $10,700 $2,140 $8,560
2020 $535 $8,980 $1,790 $7,190
2019 $478 $7,830 $1,560 $6,270
2018 $525 $7,370 $1,470 $5,900
2017 $512 $6,350 $1,270 $5,080
2016 $498 $5,730 $1,140 $4,590
2015 $460 $4,810 $960 $3,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5917456

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-43-091