NOT LISTED FOR SALE

1202 N A Ave Douglas, AZ 85607

Estimated Value: $99,280 - $325,000

-- Bed
1 Bath
700 Sq Ft
$303/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $65,000 $93 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $1,224/month

44 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • No Heating

About This Home

As of February 2020

Its a great opportunity for a rental investment. The fourplex and the building on the A avenue is included. The fourplex is currently vacant, as it needs to be fixed up. It consists of Four single bedrooms apartments. La Nueva Michoacana currently rent the building. This business is not for sale.

Last Agent to Sell the Property

Daniela Teran

Douglas Realty Group License #BR647027000 Listed on: 12/31/2019

Last Buyer's Agent

Daniela Teran

Douglas Realty Group License #BR647027000 Listed on: 12/31/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,201

Year Built

  • Built in 1910

Lot Details

  • 8,059

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Wood Flooring

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 3 / 108
  • Assessor Parcel Number 409-01-001

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 8042
  • Douglas Subdivision

Building Details

  • Operating Expense $3,901
  • Net Operating Income $2,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,201

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: A and 12th Street
  • Property Type: Multiple Dwellings
  • Zoning: Rental Resident
  • Number Of Buildings: 2
  • Year Built: 1910
  • Tax Year: 2019
  • Directions: Driving North on A Avenue, Apartments will be on the corner of 12 and A
  • Road Surface Type: Asphalt
  • Professional Management Expense: 720.0
  • Subdivision Name: DOUGLAS
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Other, See Remarks, Stucco, Brick
  • Roof: Built-Up
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking:None30: Yes

Utilities

  • Electric: APS
  • Cooling: None
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: None

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1500.0

Lot Info

  • Lot Size: 8042
  • Additional Parcels: No
  • Parcel #: 409-01-001

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Property Net Operating Income: 2700.0
  • Annual Operating Expense: 3901.0
  • Vacancy Allowance Rate: 80.0

Tax Info

  • Tax Annual Amount: 1201.0
  • Tax Block: 108
  • Tax Book Number: 409.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2019
Closed on
Feb 3, 2020
Sold by
Frisby Juan Carlos and Frisby Maria Y
Bought by
8As Investments Llc
Seller's Agent
Daniela Teran
Douglas Realty Group
Buyer's Agent
Daniela Teran
Douglas Realty Group
List Price
$100,000
Sold Price
$65,000
Premium/Discount to List
-$35,000
-35%
Current Estimated Value
$212,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,140
Avg. Annual Appreciation
21.68%
Original Mortgage
$50,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2012
Sold by
Garcia Veronica Marie and Garcia Emilio Alfredo
Bought by
Frisby Juan Carlos and Frisby Maria Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.7%
Mortgage Type
Seller Take Back
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
8As Investments Llc -- Pioneer Title
Frisby Juan Carlos $40,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8As Investments Llc $50,000
Previous Owner Frisby Juan Carlos $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $65,000 -35.0% $93 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $100,000 -- $143 / 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
2024 $1,195 $41,746 $1,200 $40,546
2023 $2,734 $33,592 $1,200 $32,392
2022 $2,202 $24,422 $1,200 $23,222
2021 $1,118 $17,213 $1,200 $16,013
2020 $1,164 $0 $0 $0
2019 $1,201 $0 $0 $0
2018 $1,238 $0 $0 $0
2017 $1,208 $0 $0 $0
2016 $1,198 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6018168

Arizona Regional Multiple Listing Service (ARMLS)

APN: 409-01-001