$308,000
SOLD JUN 28, 2013

1117 E Whitton Ave Phoenix, AZ 85014

-- Bed
-- Bath
2,192 Sq Ft
9,627 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

2% Below List Price

54 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of February 2022

Seller will Carry With ONLY 20% Down, and 5% Interest. Very Unique, One Of A Kind Vintage 4plex. Good Mix & Good Rents - ''FULLY Occupied'' With Paying - On Time - Tenants. Detached Carport & ''GARAGE''. Huge 10,000 + Square Foot Lot. Don't let this one get away! Cash Offers Only-or Seller Carryback / Proof of Funds with all offers-Buyer to waive SPDS & Clue Reports - To be Sold As Is - Interior Access with Open Escrow Only.

Last Agent to Sell the Property

Rick Horst

Keller Williams Arizona Realty License #SA640657000 Listed on: 04/16/2013

Keller Williams Arizona Realty

Last Buyer's Agent

Trish Benninger

Berkshire Hathaway HomeServices Arizona Properties License #SA630668000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $894

Year Built

  • Built in 1948

Home Design

  • Foam Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water, sewer
  • Tax Lot 19
  • Assessor Parcel Number 118-17-061

Community Details

Overview

  • 4 Units
  • Building Dimensions are irregular

Building Details

  • Gross Income $29,040
  • Net Operating Income $22,623

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$894

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: 12th Street & Osborn
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multifamily
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2012
  • Directions: North on 12th St to Whitton, West to Property
  • Road Surface Type: Asphalt
  • Garage Yn: Yes
  • 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: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Foam, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Add'l Parking Avail, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Garage Details: Yes
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irregular
  • Additional Parcels: No
  • Parcel #: 118-17-061

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 29040.0
  • Insurance Expense: 800.0
  • Property Net Operating Income: 22622.86

Tax Info

  • Tax Annual Amount: 894.0
  • Tax Book Number: 118.00
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Feb 23, 2022
Sold by
1117 E Whitton Ave Llc
Bought by
Aurum Funding Inc
Seller's Agent
Candy Jenkins
Coldwell Banker Realty
Buyer's Agent
Kevin Simshauser
HomeSmart
List Price
$800,000
Sold Price
$700,000
Premium/Discount to List
-$100,000
-12.5%
Current Estimated Value
$814,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,086
Avg. Annual Appreciation
4.83%
Original Mortgage
$660,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2013
Closed on
Jul 25, 2013
Sold by
Hillerson Jane S
Bought by
1117 E Whitton Ave Llc
Seller's Agent
Rick Horst
Keller Williams Arizona Realty
Buyer's Agent
Trish Benninger
Berkshire Hathaway HomeServices Arizona Properties
List Price
$315,000
Sold Price
$308,000
Premium/Discount to List
-$7,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
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 $700,000 Landmark Title
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $543,750 New Conventional
Closed $660,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $700,000 -6.7% $319 / Sq Ft
01/28/2022 01/28/22 Price Changed $750,000 -6.3% $342 / Sq Ft
11/29/2021 11/29/21 For Sale $800,000 +159.7% $365 / Sq Ft
06/28/2013 06/28/13 Sold $308,000 -2.2% $141 / Sq Ft
06/09/2013 06/09/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $315,000 -- $144 / 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 $2,639 $21,028 -- --
2024 $2,549 $20,027 -- --
2023 $2,549 $47,680 $9,530 $38,150
2022 $2,379 $37,610 $7,520 $30,090
2021 $2,434 $31,870 $6,370 $25,500
2020 $2,370 $23,370 $4,670 $18,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4921314

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-17-061A