$163,000
SOLD DEC 19, 2012
-- Bed
-- Bath
3,626 Sq Ft
6,882 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

2% Above List Price

6 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of September 2015

Fantastic opportunity for 4-plex with large units and nice unit mix. Covered parking. Block construction. Private W/D's, Property has been well maintained.

Last Agent to Sell the Property

Ed Grabowski

Realty ONE Group License #BR634685000 Listed on: 10/31/2012

Last Buyer's Agent

Tina Gamboa

HomeSmart License #BR543091000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $910

Year Built

  • Built in 1973

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 33
  • Assessor Parcel Number 138-20-104

Community Details

Overview

  • 4 Units
  • Building Dimensions are 105 x 67 est
  • Suburban Gardens 2 Subdivision

Building Details

  • Gross Income $21,287
  • Net Operating Income $17,742

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$910

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Stapley & 2nd Street
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1973
  • Tax Year: 2011
  • Directions: 2nd St - West of Stapley
  • Road Surface Type: Asphalt
  • Subdivision Name: Suburban Gardens 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Water Sewer Expense: 2000.0

Lot Info

  • Lot Size: 105 x 67 est
  • Additional Parcels: No
  • Parcel #: 138-20-104

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 21286.8
  • Insurance Expense: 1000.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 17742.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 910.0
  • Tax Book Number: 138.00
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2020
Sold by
Madridal Deborah and Merit Cheryl
Bought by
Madrigal Deborah and Merritt Cheryl
Current Estimated Value
$699,815

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
Outstanding Balance
$242,848
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$407,205

Purchase Details

Listed on
Jul 28, 2015
Closed on
Sep 2, 2015
Sold by
Merrit Cheryl and Madrigal Deborah
Bought by
Madrigal Deborah
Seller's Agent
Nick Bastian
Realty Executives
Buyer's Agent
Robert Sepulveda
Red Mountain Real Estate
List Price
$249,000
Sold Price
$237,500
Premium/Discount to List
-$11,500
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$176,250
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2012
Closed on
Jan 24, 2013
Sold by
Gasner Kelly Beachell and Gasner Scott A
Bought by
Phx Investments Llc
Seller's Agent
Ed Grabowski
Realty ONE Group
Buyer's Agent
Tina Gamboa
HomeSmart
List Price
$159,900
Sold Price
$163,000
Premium/Discount to List
$3,100
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%
Original Mortgage
$116,250
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2012
Closed on
Dec 7, 2012
Sold by
Strom Gregory P
Bought by
Gasner Kelly Beachell and Gasner Scott A
Seller's Agent
Ed Grabowski
Realty ONE Group
Buyer's Agent
Tina Gamboa
HomeSmart
List Price
$159,900
Sold Price
$163,000
Premium/Discount to List
$3,100
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2001
Sold by
Strom Charmaine Theresa and Strom Mark C
Bought by
Strom Charmaine Theresa

Purchase Details

Closed on
Feb 1, 1990
Sold by
Slinkard Betty L and Jorgensen Betty L
Bought by
Strom Charmaine Theresa and Strom Mark C
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
Interfamily Deed Transfer -- Chicago Title Agency Inc
Warranty Deed -- Chicago Title Agency Inc
Warranty Deed $237,500 Chicago Title Agency Inc
Warranty Deed -- None Available
Warranty Deed $163,000 Stewart Title & Trust Of Pho
Interfamily Deed Transfer -- --
Joint Tenancy Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 New Conventional
Closed $176,250 New Conventional
Previous Owner $116,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2015 09/10/15 Sold $237,500 -4.6% $65 / Sq Ft
08/05/2015 08/05/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $249,000 +52.8% $69 / Sq Ft
12/19/2012 12/19/12 Sold $163,000 +1.9% $45 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
10/31/2012 10/31/12 For Sale $159,900 -- $44 / 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 $1,486 $15,141 -- --
2024 $1,498 $14,420 -- --
2023 $1,498 $51,220 $10,240 $40,980
2022 $1,467 $39,480 $7,890 $31,590
2021 $1,485 $31,100 $6,220 $24,880
2020 $1,466 $27,650 $5,530 $22,120
2019 $1,370 $24,070 $4,810 $19,260
2018 $1,315 $21,710 $4,340 $17,370
2017 $1,275 $18,330 $3,660 $14,670
2016 $1,252 $17,260 $3,450 $13,810
2015 $1,176 $15,630 $3,120 $12,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4842575

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-20-104