NOT LISTED FOR SALE

Estimated Value: $353,726 - $502,000

-- Bed
-- Bath
1,440 Sq Ft
$306/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $204,000 $142 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,448/month

93 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • 5-minute walk to Norton Park
  • Sunnyslope High School Rated A

About This Home

As of April 2019

Duplex with two good longstanding tenants. Duplex has a new roof and new appliances. Front unit has large front yard. Rear unit has private backyard. Please do not disturb the tenants they are aware of the sale. Showings by appointment only. Show tenants rights. Unit 1 pays $690/month... Unit 2 $765/month.

Last Agent to Sell the Property

James Stamps

JK Realty License #SA548684000 Listed on: 12/18/2018

JK Realty

Last Buyer's Agent

Lynn Janson

LIV AZ REALTY License #BR645770000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $718

Year Built

  • Built in 1961

Lot Details

  • 6,665

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Desert View Elementary School
  • Palo Verde Middle School
  • Sunnyslope High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for water, cable TV, landscaping
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 14 / 9700 N
  • Assessor Parcel Number 159-31-031

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6664
  • Taylor Terrace Tract Subdivision

Building Details

  • Operating Expense $6,507
  • Gross Income $15,675
  • Net Operating Income $11,489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$718

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: Cave Creek and Mountain View
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Family
  • Number Of Buildings: 1
  • Year Built: 1961
  • Tax Year: 2018
  • Directions: East to 12th street, South to Purdue Ave, East on Purdue to property on your left.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1470.5
  • Subdivision Name: TAYLOR TERRACE TRACT
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • 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:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Electric, Wall/Window Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3540.12

Schools

  • Elementary School: Desert View Elementary School
  • High School: Sunnyslope High School
  • Middle Or Junior School: Palo Verde Middle School

Lot Info

  • Lot Size: 6664
  • Additional Parcels: No
  • Parcel #: 159-31-031

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Water, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 15675.0
  • Insurance Expense: 478.0
  • Maintenance Expense: 300.0
  • Property Net Operating Income: 11489.39
  • Annual Operating Expense: 6506.62
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 718.0
  • Tax Block: 9700 N
  • Tax Book Number: 159.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2022
Sold by
Gregory Da Silva Kevin and Gregory Stacey
Bought by
1216 Purdue Llc
Current Estimated Value
$440,432

Purchase Details

Closed on
Oct 6, 2020
Sold by
Da Silva Kevin Gregory
Bought by
Da Silva Kevin Gregory and Da Silva Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,700
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2018
Closed on
Apr 5, 2019
Sold by
Dasilva Stacey Marie
Bought by
Dasilva Kevin Gregory
Seller's Agent
James Stamps
JK Realty
Buyer's Agent
Lynn Janson
LIV AZ REALTY
List Price
$215,000
Sold Price
$204,000
Premium/Discount to List
-$11,000
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%
Original Mortgage
$200,305
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2009
Sold by
Dyl Theodore A
Bought by
Kruse David and Kruse Stacy M

Purchase Details

Closed on
Sep 20, 2004
Sold by
Rosenberg Howard L and Rosenberg Steven S R
Bought by
Dyl Theodore A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2004
Sold by
Rosenberg Howard L
Bought by
Rosenberg Howard L and Rosenberg Steven S R

Purchase Details

Closed on
Jul 8, 2002
Sold by
Glaze Elenora M
Bought by
Rosenberg Howard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,960
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1999
Sold by
Glaze Elenora M
Bought by
Glaze Elenora M and Elenora M Glaze Trust

Purchase Details

Closed on
Feb 10, 1999
Sold by
Jacobs Michael and Jacobs Joanne Marie
Bought by
Glaze Elenora M
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
1216 Purdue Llc -- --
Da Silva Kevin Gregory -- First American Title Ins Co
Dasilva Kevin Gregory -- Empire West Title Agency Llc
Silva Kevin Gregory Da $204,000 Empire West Title Agency Llc
Kruse David $45,000 Chicago Title
Dyl Theodore A $130,000 Stewart Title & Trust Of Pho
Rosenberg Howard L -- --
Rosenberg Howard L $89,950 American Title Ins Agency
Glaze Elenora M -- --
Glaze Elenora M $75,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Da Silva Kevin Gregory $202,700
Previous Owner Silva Kevin Gregory Da $200,305
Previous Owner Dyl Theodore A $25,000
Previous Owner Dyl Theodore A $117,000
Previous Owner Rosenberg Howard L $71,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $204,000 -2.8% $142 / Sq Ft
04/24/2019 04/24/19 Price Changed $209,900 0.0% $146 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
02/06/2019 02/06/19 Price Changed $209,900 -2.4% $146 / Sq Ft
12/17/2018 12/17/18 For Sale $215,000 -- $149 / 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 $801 $6,551 -- --
2024 $787 $6,239 -- --
2023 $787 $25,350 $5,070 $20,280
2022 $761 $17,960 $3,590 $14,370
2021 $771 $15,350 $3,070 $12,280
2020 $752 $13,430 $2,680 $10,750
2019 $738 $11,650 $2,330 $9,320
2018 $718 $9,830 $1,960 $7,870
2017 $715 $7,780 $1,550 $6,230
2016 $702 $7,110 $1,420 $5,690
2015 $650 $6,060 $1,210 $4,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5858410

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-31-031