$100,000
SOLD MAR 15, 2013
-- Bed
-- Bath
1,572 Sq Ft
8,233 Sq Ft Lot

Recently Sold

$64 Per Sq Ft

5% Below List Price

6 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of December 2018

Traditional Sale! Cash Only. Excellent Investment Opportunity. This property features 2 units. (a 1bd/1ba & 2bd/1ba)
All in one building and all on the same LARGE lot. Both units share the front yard, but also have a private front courtyard & a patio/yard off the main bedrooms. Gated parked in the rear of property. Desert landscaped for low maintenance. Newer A/C unit. New electrical panel. New renovation. Close to restaurants, ASU, entertainment, parks and Sky Harbor Airport.

Last Agent to Sell the Property

Rick Hill

Berkshire Hathaway HomeServices Arizona Properties License #SA584670000 Listed on: 02/20/2013

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Nick Arekat

Compass License #SA522994000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $871

Year Built

  • Built in 1976

Lot Details

  • Property fronts an alley

Home Design

  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Free Parking

Schools

  • Cecil Shamley Elementary School
  • Mckemy Middle School
  • Mcclintock High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Tax Lot 241
  • Assessor Parcel Number 132-13-090

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8224
  • North Tempe 3 Subdivision

Building Details

  • Operating Expense $2,491
  • Gross Income $16,200
  • Net Operating Income $15,390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$871

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Road & Curry Road
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1976
  • Tax Year: 2012
  • Directions: East on Curry Road. Property on the North Side of the Street. Park on Scovel Street and enter thru front of the property. Back gate is locked.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Subdivision Name: NORTH TEMPE 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • 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:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Annual Water Sewer Expense: 960.0

Schools

  • Elementary School: Cecil Shamley School
  • High School: McClintock High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Lot Size: 8224
  • Additional Parcels: No
  • Parcel #: 132-13-090

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 16200.0
  • Insurance Expense: 660.0
  • Property Net Operating Income: 15390.0
  • Annual Operating Expense: 2491.0

Tax Info

  • Tax Annual Amount: 871.0
  • Tax Book Number: 132.00
  • Tax Lot: 241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Dec 17, 2018
Sold by
Realty 4 Him Llc
Bought by
Saucedo Nico
Seller's Agent
Angela Garcia
My Home Group Real Estate
Buyer's Agent
Charles Fertal
Compass
List Price
$270,000
Sold Price
$245,000
Premium/Discount to List
-$25,000
-9.26%
Current Estimated Value
$473,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,966
Avg. Annual Appreciation
11.29%
Original Mortgage
$232,750
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2018
Sold by
Candor Realty Investments Az Llc
Bought by
Realty 4 Him Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,900
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2018
Sold by
Himexus Llc
Bought by
Candor Realty Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,900
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 20, 2013
Closed on
Feb 27, 2013
Sold by
Saegh Amar
Bought by
Himexus Llc
Seller's Agent
Rick Hill
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Nick Arekat
Compass
List Price
$104,777
Sold Price
$100,000
Premium/Discount to List
-$4,777
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.80%

Purchase Details

Closed on
Sep 9, 2011
Sold by
Hanna Lama
Bought by
Saegh Amar

Purchase Details

Closed on
Aug 25, 2011
Sold by
Bank Of America Na
Bought by
Saegh Amar

Purchase Details

Closed on
Mar 8, 2011
Sold by
Moody Lawrence M
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Sep 10, 2004
Sold by
Red Mountain Ltd
Bought by
Moody Lawrence M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,100
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2002
Sold by
Moore Donnie W
Bought by
Red Mountain Ltd and Red Mountain Trust Of Boulder City

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.49%

Purchase Details

Closed on
Oct 17, 2002
Sold by
Red Mountain Ltd
Bought by
Moore Ii Donnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.49%

Purchase Details

Closed on
Dec 20, 2001
Sold by
Moore Donnie W
Bought by
Red Mountain Ltd

Purchase Details

Closed on
Sep 26, 2001
Sold by
Red Mountain Ltd
Bought by
Moore Donnie W

Purchase Details

Closed on
Jun 13, 2000
Sold by
Moore Donnie W
Bought by
Red Mountain Ltd

Purchase Details

Closed on
Jan 11, 1999
Sold by
Gallagher Shannon Lance
Bought by
Moore Donnie W

Purchase Details

Closed on
Jun 15, 1998
Sold by
Gallagher Barbara J
Bought by
Gallagher Shannon Lance

Purchase Details

Closed on
Sep 30, 1994
Sold by
Gallagher Shannon L
Bought by
Gallagher Barbara J
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 Type Sale Price Title Company
Warranty Deed $245,000 Lawyers Title Of Arizona Inc
Warranty Deed $204,900 West Title Agency Llc
Warranty Deed $175,000 Magnus Title Agency Llc
Cash Sale Deed $100,000 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Cash Sale Deed $38,115 First American Title Ins Co
Trustee Deed $60,750 First American Title
Warranty Deed $158,000 Russ Lyon Title
Quit Claim Deed -- Fidelity Title
Quit Claim Deed -- Fidelity National Title
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $32,000 Stewart Title & Trust
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,653 New Conventional
Closed $232,750 New Conventional
Previous Owner $204,900 Purchase Money Mortgage
Previous Owner $200,000 Negative Amortization
Previous Owner $150,100 New Conventional
Previous Owner $108,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2018 12/31/18 Sold $245,000 -7.5% $156 / Sq Ft
12/21/2018 12/21/18 Price Changed $265,000 0.0% $169 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/16/2018 11/16/18 Price Changed $265,000 -1.5% $169 / Sq Ft
10/26/2018 10/26/18 Price Changed $269,000 -0.4% $171 / Sq Ft
10/04/2018 10/04/18 For Sale $270,000 0.0% $172 / Sq Ft
09/15/2015 09/15/15 Rented $650 0.0% --
08/12/2015 08/12/15 For Rent $650 0.0% --
08/12/2015 08/12/15 Off Market $650 -- --
08/10/2015 08/10/15 For Rent $650 +8.3% --
12/01/2013 12/01/13 Rented $600 0.0% --
11/24/2013 11/24/13 Under Contract -- -- --
11/18/2013 11/18/13 For Rent $600 0.0% --
03/15/2013 03/15/13 Sold $100,000 -4.6% $64 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $104,777 -- $67 / 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 $1,363 $12,172 -- --
2024 $1,347 $11,593 -- --
2023 $1,347 $31,410 $6,280 $25,130
2022 $1,292 $25,750 $5,150 $20,600
2021 $1,301 $21,480 $4,290 $17,190
2020 $1,262 $19,060 $3,810 $15,250
2019 $1,238 $17,510 $3,500 $14,010
2018 $1,207 $14,450 $2,890 $11,560
2017 $1,171 $12,550 $2,510 $10,040
2016 $1,163 $10,450 $2,090 $8,360
2015 $1,117 $9,620 $1,920 $7,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4893690

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-13-090