NOT LISTED FOR SALE
9 Beds
5 Baths
1,230 Sq Ft
1980 Built

Sale Details

Date Sold: January 15, 2016

Last sale price $220,000 $179 Per Sq Ft

123 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of January 2016

5 units in desirable location with mostly 2 bedroom units. Recent unit upgrades allow for rent increases on the 2-bedroom units above the current $600. The building is block constructed, has individual metering for electricity and has with pitched roofing and roof-top A/C units. Tenants enjoy spacious rental units with steel-frame storm-type security doors and parking in front of the unit entries.

Last Agent to Sell the Property

Scott Trevey

REI Marketing License #SA539099000 Listed on: 08/31/2015

Last Buyer's Agent

Robert Passariello

Realty Executives Arizona Territory License #SA538257000

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1980

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • On-Street Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 104
  • Assessor Parcel Number 121-76-010

Community Details

Overview

  • 5 Units
  • Building Dimensions are irreg
  • Del Rey Lots 21 58 & Lot 99 Subdivision

Building Details

  • Operating Expense $1,165
  • Net Operating Income $16,013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,165

Year Built

Built in 1980

Listing Details

  • Cross Street: Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M, R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2014
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: DEL REY LOTS 21-58 & LOT 99
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Heat Pump, Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irreg
  • Additional Parcels: No
  • Parcel #: 121-76-010

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 5
  • Property Net Operating Income: 16013.0
  • Annual Operating Expense: 1165.0

Tax Info

  • Tax Annual Amount: 1165.0
  • Tax Book Number: 121.00
  • Tax Lot: 104

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2025
Sold by
Bought by

Purchase Details

Listed on
Aug 31, 2015
Closed on
Jan 6, 2016
Sold by
Bought by
Seller's Agent
Scott Trevey
REI Marketing
Buyer's Agent
Robert Passariello
Realty Executives Arizona Territory
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%

Purchase Details

Closed on
Jun 10, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
0.0417%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
0.0567%
Mortgage Type
Seller Take Back
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
-- None Listed On Document
$220,000 American Title Svc Agency Ll
$180,000 None Available
$300,000 --
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 --
Previous Owner $270,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $220,000 -12.0% $179 / Sq Ft
01/01/2016 01/01/16 Pending -- -- --
08/31/2015 08/31/15 For Sale $250,000 -- $203 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax 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.

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 $1,620 $11,998
2024 $1,542 $11,427
2023 $1,542 $56,500 $11,300 $45,200
2022 $1,481 $41,070 $8,210 $32,860
2021 $1,517 $33,000 $6,600 $26,400
2020 $1,480 $27,750 $5,550 $22,200
2019 $1,470 $22,380 $4,470 $17,910
2018 $1,440 $19,960 $3,990 $15,970
2017 $1,384 $17,870 $3,570 $14,300
2016 $1,331 $14,430 $2,880 $11,550
2015 $1,238 $11,680 $2,330 $9,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5328481

Arizona Regional Multiple Listing Service (ARMLS)
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