NOT LISTED FOR SALE

Estimated Value: $464,000 - $615,000

Studio
-- Bath
2,964 Sq Ft
$186/Sq Ft Est. Value

Last Sold November 09, 2012

Last sale price $104,000 $35 Per Sq Ft

Est. 430% increase in value since last sale

Current estimated payment $2,998/month

2 Days on Market

Highlights

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

About This Home

As of November 2012

GREAT OPPORTUNITY FOR AN INVESTOR OR SOMEONE WHO WOULD LIKE TO LIVE IN ONE OF THE UNITS AND MAKE IMCOME ON THE OTHERS = LIVE RENT FREE!! PROPERTY CONSISTS OF (2) 2 BR, 1 BA UNITS, (2) 1 BR, 1 BA UNITS AND (1) UTILITY UNIT THAT WAS CONVERTED TO STUDIO.GROSS INCOME PER MONTH IS APPROX $2,200.
OWNER PAYS WATER SEWER AND TRASH, APPROX $400 A MONTH PLUS ELECTRIC FOR STUDIO UNIT, $84 PER MONTH. PLEASE DO NOT DISTURB TENANTS, ALL UNITS ARE CURRENTLY ON MONTH TO MONTH, TENANTS WOULD LIKE TO STAY. THIS IS A SHORT SALE AND REQUIRES SELLERS LENDER APPROVAL. INTERIOR PHOTOS

Last Agent to Sell the Property

Julio Martinez

Realty ONE Group License #SA551656000 Listed on: 08/31/2012

Last Buyer's Agent

Royal Henry

Cactus Mountain Properties, LLC License #SA577388000

Cactus Mountain Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,293

Year Built

  • Built in 1973

Lot Details

  • 0.3

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Washington Elementary School - Phoenix
  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 159-12-037-F

Community Details

Overview

  • 4 Units
  • Building Dimensions are 12,850 SF

Building Details

  • Operating Expense $7,931
  • Gross Income $26,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,293

Year Built

Built in 1973

Lot Details

0.3 Acres

Listing Details

  • Cross Street: PEORIA AND 19TH AVE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1973
  • Tax Year: 2011
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: None

Association/Amenities

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

Fee Information

  • Annual Water Sewer Expense: 4800.0

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Sunnyslope High School
  • Middle Or Junior School: Washington Elementary School - Phoenix

Lot Info

  • Lot Size: 12,850 SF
  • Additional Parcels: No
  • Parcel #: 159-12-037-F

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 984.0
  • Annual Gross Income: 26000.0
  • Insurance Expense: 854.0
  • Annual Operating Expense: 7931.0

Tax Info

  • Tax Annual Amount: 1293.0
  • Tax Book Number: 159.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2020
Sold by
Chandler Copley Properties Llc
Bought by
Copley Jennie
Current Estimated Value
$551,333

Purchase Details

Closed on
Apr 14, 2014
Sold by
Copley Jeannie L
Bought by
Chandler Copley Properties Llc

Purchase Details

Listed on
Aug 31, 2012
Closed on
Oct 31, 2012
Sold by
Copley Timothy I
Bought by
Copley Jeannie L
Seller's Agent
Julio Martinez
Realty ONE Group
Buyer's Agent
Royal Henry
Cactus Mountain Properties, LLC
List Price
$85,000
Sold Price
$104,000
Premium/Discount to List
$19,000
22.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%

Purchase Details

Closed on
Sep 4, 2012
Sold by
Rodriguez Luis Octavio
Bought by
Copley Jeannie L

Purchase Details

Closed on
May 13, 1994
Sold by
Ringe Gary L and Ringe Marjorie J
Bought by
Rodriguez Luis Octavio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,356
Interest Rate
8.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Copley Jennie -- None Available
Chandler Copley Properties Llc -- None Available
Copley Jeannie L -- First American Title Ins Co
Copley Jeannie L $104,000 First American Title Ins Co
Rodriguez Luis Octavio $87,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Luis Octavio $84,356
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2012 11/09/12 Sold $104,000 +22.4% $35 / Sq Ft
09/01/2012 09/01/12 Pending -- -- --
08/30/2012 08/30/12 For Sale $85,000 -- $29 / 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 $1,549 $12,186 -- --
2024 $1,463 $11,606 -- --
2023 $1,463 $47,430 $9,480 $37,950
2022 $1,416 $33,430 $6,680 $26,750
2021 $1,434 $27,730 $5,540 $22,190
2020 $1,398 $24,160 $4,830 $19,330
2019 $1,373 $20,810 $4,160 $16,650
2018 $1,337 $17,320 $3,460 $13,860
2017 $1,330 $14,170 $2,830 $11,340
2016 $1,306 $13,570 $2,710 $10,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4811665

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-12-037F

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