NOT LISTED FOR SALE

Estimated Value: $511,544 - $765,000

-- Bed
-- Bath
2,160 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $500,000 $231 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,543/month

38 Days on Market

Highlights

  • Central Air
  • Sunnyslope High School Rated A
  • Heating Available

About This Home

As of September 2022

There are three Units, each are two bedrooms and One Bath, with all being the same size. The Flooring in each unit is Tile. There is a Central Fenced Courtyard with a small storage structure. All units have a Stove and Refrigerator, while also having roof mounted A/C units. All units are individually metered for Electric, in which the tenants have been paying. In addition, The Landlord has been paying for Water and Trash. Covered Parking is located in the rear.

Last Agent to Sell the Property

Greg Anderson

HomeSmart License #SA512854000 Listed on: 07/08/2022

HomeSmart

Last Buyer's Agent

Jairo Cruz Perez

RHP Real Estate License #SA678646000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $793

Year Built

  • Built in 1972

Lot Details

  • 7,362

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • On-Street Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot 14
  • Assessor Parcel Number 158-27-033

Community Details

Overview

  • 3 Units
  • Building Dimensions are 60x123
  • Romine Estates Lot 1 22 Subdivision

Building Details

  • Operating Expense $793
  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$793

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: Peora Avenue and 11th Avenue
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2021
  • Directions: Peoria Avenue to 11th Avenue, go south to North Lane and head west on North Lane
  • Road Surface Type: Asphalt
  • Subdivision Name: ROMINE ESTATES LOT 1-22
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: 1 Space/Unit, On Street
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 60x123
  • Additional Parcels: No
  • Parcel #: 158-27-033

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 3
  • Annual Gross Income: 23400.0
  • Annual Operating Expense: 793.0

Tax Info

  • Tax Annual Amount: 793.0
  • Tax Book Number: 158.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 19, 2022
Sold by
Damianta Properties Llc
Bought by
Cruz Alfredo Chavez
Seller's Agent
Greg Anderson
HomeSmart
Buyer's Agent
Jairo Cruz Perez
RHP Real Estate
List Price
$535,000
Sold Price
$500,000
Premium/Discount to List
-$35,000
-6.54%
Total Days on Market
38
Views
2
Current Estimated Value
$620,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,636
Avg. Annual Appreciation
7.36%
Original Mortgage
$375,000
Outstanding Balance
$360,876
Interest Rate
5.3%
Estimated Equity
$246,032

Purchase Details

Closed on
Nov 19, 2009
Sold by
Rocha David and Rocha Maria Guadalupe
Bought by
Damianta Llc

Purchase Details

Closed on
Dec 19, 2006
Sold by
Rocha David and Rocha Maria Guadalupe
Bought by
Del Mar Management Of Arizona Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2006
Sold by
Del Mar Management Of Arizona Llc
Bought by
Rocha David and Rocha Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2005
Sold by
Rocha David F and Rocha Maria Guadalupe
Bought by
Del Mar Management Of Arizona Llc

Purchase Details

Closed on
Sep 14, 2004
Sold by
Chris Meardi P C
Bought by
Rocha David and Rocha Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2004
Sold by
Kalina Larry
Bought by
Chris Meardi Pc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2002
Sold by
Bridge Builder One Llc
Bought by
Kalina Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2002
Sold by
Schaefer Richard J and Schaefer Ramona L
Bought by
Bridge Builder One Llc

Purchase Details

Closed on
Jan 10, 2001
Sold by
Schaefer Richard J and Schaefer Ramona
Bought by
Schaefer Richard J and Schaefer Ramona L

Purchase Details

Closed on
Mar 28, 2000
Sold by
Lucas Jimmy A and Lucas Maria T
Bought by
Schaefer Richard J and Schaefer Ramona L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,500
Interest Rate
8.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 23, 1995
Sold by
Priest Elvis Dean and Priest Mary Beth
Bought by
Lucas Jimmy A and Lucas Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,816
Interest Rate
8.9%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 1994
Sold by
Columbia Mtg Inc
Bought by
Priest Elvis Dean and Priest Mary Beth
Source: Public Records

Range of Values:

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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
Cruz Alfredo Chavez $500,000 Navi Title Agency Pllc
Damianta Llc $38,251 None Available
Del Mar Management Of Arizona Llc -- None Available
Rocha David -- Lawyers Title Insurance Corp
Del Mar Management Of Arizona Llc -- --
Rocha David $175,000 Capital Title Agency Inc
Chris Meardi Pc $151,800 --
Kalina Larry $150,000 Capital Title Agency Inc
Bridge Builder One Llc -- --
Schaefer Richard J -- --
Schaefer Richard J $95,000 First American Title
Lucas Jimmy A $60,000 Security Title Agency
Priest Elvis Dean -- --
Columbia Mtg Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Alfredo Chavez $375,000
Previous Owner Rocha David $158,000
Previous Owner Rocha David $140,000
Previous Owner Kalina Larry $120,000
Previous Owner Schaefer Richard J $9,500
Previous Owner Lucas Jimmy A $59,816
Closed Schaefer Richard J $76,000
Closed Kalina Larry $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $500,000 -4.8% $231 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/25/2022 07/25/22 Price Changed $525,000 -1.9% $243 / Sq Ft
07/08/2022 07/08/22 For Sale $535,000 -- $248 / 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 $824 $6,739 -- --
2024 $809 $6,418 -- --
2023 $809 $34,510 $6,900 $27,610
2022 $783 $24,230 $4,840 $19,390
2021 $793 $20,730 $4,140 $16,590
2020 $773 $18,580 $3,710 $14,870
2019 $759 $15,080 $3,010 $12,070
2018 $739 $12,470 $2,490 $9,980
2017 $735 $10,920 $2,180 $8,740
2016 $722 $10,200 $2,040 $8,160
2015 $669 $8,460 $1,690 $6,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6431597

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-27-033