NOT LISTED FOR SALE

Estimated Value: $556,000 - $565,000

8 Beds
1 Bath
2,478 Sq Ft
$227/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $530,000 $214 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,999/month

5 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Heating Available
  • Sunnyslope High School Rated A

About This Home

As of March 2022

Amazing opportunity to own a newer construction duplex with a long term tenant in place. Tenant pay 100% of the utilities! Both units are leased by a long term Assisted Living operator that handles the property management and all minor maintenance issues. This one has ZERO vacancy and ZERO delinquency!! Both units are 4 bedrooms with 2 bathrooms for a total of 8 bedrooms and 4 bathrooms with indoor laundry facilities. It just doesn't get any easier than this! Owners only expenses are taxes and insurance.

Last Agent to Sell the Property

Jeffery Chesleigh

HomeSmart License #SA014098000 Listed on: 02/21/2022

HomeSmart

Last Buyer's Agent

George Garcia

Better Homes & Gardens Real Estate SJ Fowler License #SA678274000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,034

Year Built

  • Built in 2004

Lot Details

  • 7,449

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Vinyl Flooring

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 158-33-100

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7454
  • Foothill Acres Lots 33 48 & 58 59 Subdivision

Building Details

  • Operating Expense $2,616
  • Gross Income $27,600
  • Net Operating Income $26,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,034

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: Hatcher and 13th street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2004
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: FOOTHILL ACRES LOTS 33-48 & 58-59
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: None
  • Attached Garage: No

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

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 7454
  • Additional Parcels: No
  • Parcel #: 158-33-100

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 27600.0
  • Insurance Expense: 1582.0
  • Property Net Operating Income: 26550.0
  • Annual Operating Expense: 2616.0

Tax Info

  • Tax Annual Amount: 1034.0
  • Tax Book Number: 158.00
  • Tax Lot: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Mar 11, 2022
Sold by
Blue Tree Arizona Llc
Bought by
Jagc Investments Llc
Seller's Agent
Jeffery Chesleigh
HomeSmart
Buyer's Agent
George Garcia
Better Homes & Gardens Real Estate SJ Fowler
List Price
$520,000
Sold Price
$530,000
Premium/Discount to List
$10,000
1.92%
Current Estimated Value
$561,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,379
Avg. Annual Appreciation
1.52%
Original Mortgage
$424,000
Outstanding Balance
$395,839
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$165,540

Purchase Details

Closed on
Sep 25, 2020
Sold by
Upground One Llc
Bought by
Blue Tree Arizona Llc

Purchase Details

Closed on
Jul 10, 2020
Sold by
Colen Claudia and Colen Teran
Bought by
Colen Teran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2020
Sold by
Colen Teran
Bought by
Upground One Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2018
Closed on
Sep 19, 2018
Sold by
Bryan Schlueter Pllc
Bought by
Upground Equity Llc
Seller's Agent
Bryan Schlueter
Midland Real Estate Alliance
Buyer's Agent
Jeffery Chesleigh
HomeSmart
List Price
$289,900
Sold Price
$279,000
Premium/Discount to List
-$10,900
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%

Purchase Details

Closed on
Jun 1, 2017
Sold by
Robertson Nicole R and Deleon Nicole R
Bought by
Bryan Schlueter Pllc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2004
Sold by
Das Acquisitions Llc
Bought by
Deleon Nicole R and Jones Clarissa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Sunshine Properties Llc
Bought by
Das Acquisitions Llc

Purchase Details

Closed on
May 13, 2003
Sold by
Joseph Edna
Bought by
Emto

Purchase Details

Closed on
Apr 8, 2003
Sold by
Emto
Bought by
Sunshine Properties Llc
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jagc Investments Llc $530,000 Security Title
Blue Tree Arizona Llc -- Accommodation
Colen Teran -- Chicago Title Agency
Upground One Llc -- Chicago Title Agency
Upground Equity Llc $279,000 Empire West Title Agency Llc
Bryan Schlueter Pllc $165,000 Empire West Title Agency
Deleon Nicole R $199,000 Arizona Title Agency Inc
Das Acquisitions Llc -- Fidelity National Title
Emto -- --
Sunshine Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jagc Investments Llc $424,000
Previous Owner Colen Teran $238,000
Previous Owner Bryan Schlueter Pllc $175,000
Previous Owner Deleon Nicole R $179,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold $530,000 +1.9% $214 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/26/2022 02/26/22 Price Changed $520,000 0.0% $210 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $520,000 +86.4% $210 / Sq Ft
09/25/2018 09/25/18 Sold $279,000 -3.8% $113 / Sq Ft View Prior Sale
08/20/2018 08/20/18 For Sale $289,900 -- $117 / 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 $1,117 $8,786 -- --
2024 $1,055 $8,368 -- --
2023 $1,055 $36,120 $7,220 $28,900
2022 $1,021 $24,600 $4,920 $19,680
2021 $1,034 $20,130 $4,020 $16,110
2020 $1,008 $18,480 $3,690 $14,790
2019 $990 $16,020 $3,200 $12,820
2018 $964 $13,610 $2,720 $10,890
2017 $959 $11,320 $2,260 $9,060
2016 $941 $10,460 $2,090 $8,370
2015 $872 $8,910 $1,780 $7,130
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6358428

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-33-100