NOT LISTED FOR SALE

Estimated Value: $234,000 - $792,000

Studio
4 Baths
569 Sq Ft
$1,098/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $560,000 $984 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,338/month

3 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A
  • Ceiling Fan

About This Home

As of January 2021

Turn-key 4-Plex investment property! Units newly remodeled and upgraded exterior with 100% occupancy. (See Doc tab for full list of 2020 upgrades and actual rents) One unit completely renovated top to bottom in 2020, 3 units equipped with W/D's and private yards, new appliances in 2 units, fresh paint, and the list goes on and on! In the heart of Central Phoenix within walking distance to shopping and great restaurants. Drive-by only, showings with accepted contract.

Last Agent to Sell the Property

Lynn Janson

LIV AZ REALTY License #BR645770000 Listed on: 12/16/2020

Co-Listed By

John Cabezas

LIV AZ REALTY License #SA521977000

Last Buyer's Agent

Daniel Papin

Apex Residential License #SA684875000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $959

Year Built

  • Built in 1952

Lot Details

  • 6,273

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 4 Parking Spaces
  • Carport
  • Paved Parking
  • On-Street Parking

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 2 / F
  • Assessor Parcel Number 160-50-117-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6250
  • Sunnyslope Subdivision

Building Details

  • Operating Expense $5,418
  • Gross Income $44,616
  • Net Operating Income $39,198

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$959

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: Dunlap and Central
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1952
  • Tax Year: 2020
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Co List Office Mls Id: livaz01
  • Co List Office Phone: 602-300-0797
  • Subdivision Name: SUNNYSLOPE
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Refrigerator, Washer/Dryer, W/D Hookup
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition, Foam

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Paved, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2040.0

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: 6250
  • Additional Parcels: No
  • Parcel #: 160-50-117-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 44616.0
  • Insurance Expense: 2299.0
  • Property Net Operating Income: 39198.0
  • Annual Operating Expense: 5418.0

Tax Info

  • Tax Annual Amount: 959.0
  • Tax Block: F
  • Tax Book Number: 160.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jan 15, 2021
Sold by
111 Townley Llc
Bought by
Estrada Christian Rigoberto and Stevens Sable Leigh
Seller's Agent
Lynn Janson
LIV AZ REALTY
Buyer's Agent
Daniel Papin
Apex Residential
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Current Estimated Value
$624,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,960
Avg. Annual Appreciation
2.21%
Original Mortgage
$549,857
Outstanding Balance
$490,749
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$134,211

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jan 14, 2021
Sold by
Noriega Mario and Munder Adam M
Bought by
111 Townley Llc
Seller's Agent
Lynn Janson
LIV AZ REALTY
Buyer's Agent
Daniel Papin
Apex Residential
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,857
Outstanding Balance
$490,749
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$134,211

Purchase Details

Closed on
Dec 28, 2019
Sold by
Noviega Mario and Munder Adam
Bought by
Iii Townly Llc

Purchase Details

Listed on
May 15, 2019
Closed on
Oct 3, 2019
Sold by
Munder Jacqueline Fields
Bought by
Munder Adam M
Seller's Agent
Tom 'BIG T' Ross
Coldwell Banker Realty
Buyer's Agent
John Cabezas
LIV AZ REALTY
List Price
$389,000
Sold Price
$342,000
Premium/Discount to List
-$47,000
-12.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Original Mortgage
$256,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2019
Closed on
Sep 30, 2019
Sold by
Hale Judy E
Bought by
Noriega Mario and Munder Adam M
Seller's Agent
Tom 'BIG T' Ross
Coldwell Banker Realty
Buyer's Agent
John Cabezas
LIV AZ REALTY
List Price
$389,000
Sold Price
$342,000
Premium/Discount to List
-$47,000
-12.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2017
Closed on
Oct 16, 2017
Sold by
Leung Sam and Wu Raymond
Bought by
Hale Judy E
Seller's Agent
Christopher Tran
My Home Group Real Estate
Buyer's Agent
Steve Williams
Realty Executives Arizona Territory
List Price
$240,000
Sold Price
$239,900
Premium/Discount to List
-$100
-0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.38%
Original Mortgage
$179,925
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2007
Sold by
Saelee Nick Kao and Tran Huong
Bought by
Wu Raymond and Leung Sam

Purchase Details

Closed on
Jun 29, 2006
Sold by
Johnson Frank F and Johnson Josephine Louise
Bought by
Leung Sam and Saelee Nick K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2003
Sold by
Johnson Frank F and Johnson Josephine Louise
Bought by
Johnson Frank F and Johnson Josephine Louise

Purchase Details

Closed on
Aug 11, 1998
Sold by
Johnson Frank F and Johnson Josephine Louise
Bought by
Johnson Frank F and Johnson Josephine Louise
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

Date Buyer Sale Price Title Company
Estrada Christian Rigoberto $560,000 Fidelity Natl Ttl Agcy Inc
111 Townley Llc -- Fidelity Natl Ttl Agcy Inc
Iii Townly Llc -- American Title Svc Agcy Llc
Munder Adam M -- Empire West Title Agency Llc
Noriega Mario $342,000 First American Title Ins Co
Hale Judy E $239,900 First American Title Insuran
Wu Raymond -- None Available
Leung Sam $235,000 Commonwealth Land Title Insu
Johnson Frank F -- --
Johnson Frank F -- --
Johnson Frank F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Christian Rigoberto $549,857
Previous Owner Noriega Mario $256,500
Previous Owner Hale Judy E $179,925
Previous Owner Leung Sam $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2021 01/21/21 Sold $560,000 -2.6% $984 / Sq Ft
12/16/2020 12/16/20 For Sale $575,000 +68.1% $1,011 / Sq Ft
10/04/2019 10/04/19 Sold $342,000 -3.7% $601 / Sq Ft View Prior Sale
08/28/2019 08/28/19 Pending -- -- --
08/24/2019 08/24/19 Price Changed $355,000 -4.0% $624 / Sq Ft
06/08/2019 06/08/19 Price Changed $369,900 -4.9% $650 / Sq Ft
05/15/2019 05/15/19 For Sale $389,000 +62.2% $684 / Sq Ft
12/04/2017 12/04/17 Sold $239,900 0.0% $422 / Sq Ft View Prior Sale
10/14/2017 10/14/17 Pending -- -- --
10/10/2017 10/10/17 Price Changed $239,900 0.0% $422 / Sq Ft
09/13/2017 09/13/17 For Sale $240,000 -- $422 / 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 $1,063 $8,364 -- --
2024 $1,004 $7,965 -- --
2023 $1,004 $33,130 $6,620 $26,510
2022 $972 $23,760 $4,750 $19,010
2021 $984 $20,100 $4,020 $16,080
2020 $959 $17,580 $3,510 $14,070
2019 $942 $15,500 $3,100 $12,400
2018 $917 $12,950 $2,590 $10,360
2017 $913 $10,500 $2,100 $8,400
2016 $896 $9,650 $1,930 $7,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6171925

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-50-117A