NOT LISTED FOR SALE

Estimated Value: $450,000 - $569,000

2 Beds
2 Baths
1,998 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 22, 2013

Last sale price $107,875 $54 Per Sq Ft

Est. 386% increase in value since last sale

Current estimated payment $2,984/month

148 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of January 2013

*****Not a short sale, not lender owned!*****Income property in close to downtown, East side location!*****Two story unit in the back is currently rented at $680 a month. The unit in the front is rented at $590 a month, the one in the middle was rented for $580, but tenant moved out.*****Please do not disturb tenants.*******Would be best to inpect property with an accepted contract.*****Property to convey ''as-is''.*****Some windows in front units have been replaced with dual pane.*****

Last Agent to Sell the Property

Gerry Yagmourian

Realty Executives Arizona Territory License #BR006542000 Listed on: 06/13/2012

Realty Executives Arizona Territory

Co-Listed By

Jerry McClellan

AZ Brokerage Holdings, LLC License #BR093902000

Last Buyer's Agent

John Kovalik

DeLex Realty License #SA529382000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1955

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Covered Space
  • Over 1 Space Per Unit
  • Assigned Parking

Schools

  • Longview Elementary School
  • Osborn Middle School
  • North High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 7
  • Assessor Parcel Number 118-02-069-F

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 57x106
  • Longview Circle Amd Subdivision

Building Details

  • Operating Expense $1,162

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,162

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 12th Street & Indian School Rd
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2011
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reax33
  • Co List Office Phone: 623-561-8800
  • Subdivision Name: Longview Circle AMD
  • Tax Parcel Letter: F
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Longview Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 57x106
  • Additional Parcels: No
  • Parcel #: 118-02-069-F

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 1162.0

Tax Info

  • Tax Annual Amount: 1162.0
  • Tax Book Number: 118.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2012
Sold by
Wente Kevin A
Bought by
Gutierrez Noe N Peralta and Cecena Araceli
Current Estimated Value
$524,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2011
Sold by
Wente Investments Llc
Bought by
Wente Kevin A and Wente Dorothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,352
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2005
Sold by
Wente Kevin A and Wente Dorothy
Bought by
Wente Investments 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
Gutierrez Noe N Peralta $107,875 Clear Title Agency Of Arizon
Wente Kevin A -- Pioneer Title Agency Inc
Wente Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutierrez Noe N Peralta $80,900
Previous Owner Wente Kevin A $96,352
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2013 01/22/13 Sold $107,875 -10.0% $54 / Sq Ft
11/08/2012 11/08/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $119,900 -- $60 / 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 $2,875 $22,140 -- --
2024 $2,684 $21,086 -- --
2023 $2,684 $45,470 $9,090 $36,380
2022 $2,669 $34,960 $6,990 $27,970
2021 $2,714 $30,550 $6,110 $24,440
2020 $2,646 $27,180 $5,430 $21,750
2019 $2,531 $23,910 $4,780 $19,130
2018 $2,447 $23,630 $4,720 $18,910
2017 $2,247 $19,980 $3,990 $15,990
2016 $1,126 $14,730 $2,940 $11,790
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: 4775202

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-02-069F