NOT LISTED FOR SALE

12238 N 112th Ln Youngtown, AZ 85363

Estimated Value: $277,989 - $378,000

1 Bed
-- Bath
1,500 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $141,000 $94 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,869/month

13 Days on Market

Highlights

  • 4 Car Attached Garage
  • Ceramic Tile Flooring
  • 5-minute walk to Schliefer Park
  • Cooling Available
  • Heating Available

About This Home

As of April 2017

Great investment opportunity! Duplex features 2 units, 1 bedroom 1 bath rented @ $540 [$699 potential] and a 2 bedroom 1 bath rented @ $625 [$750 potential]. 100% tenant occupied. Easy to rent! Tenant pays utilities. Fridges incl. Laundry hook-up only. Excellent cash flow! DRIVE-BY ONLY - View after accepted offer only. Clean spacious units! Seller has #12232 available also. 100% Occupied. P&L available.

Last Agent to Sell the Property

Cathy Abramson

Visionary Properties License #SA520883000 Listed on: 03/11/2017

Last Buyer's Agent

Thomas Nitz

Realty85 License #SA639099000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1962

Lot Details

  • 6,795

Home Design

  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Car Attached Garage
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity, water, cable TV
  • The owner pays for landscaping
  • Tax Lot 63
  • Assessor Parcel Number 200-85-106

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6800
  • Youngtown Manor Subdivision

Building Details

  • Operating Expense $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$800

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: Grand and 111th Ave
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Subdivision Name: YOUNGTOWN MANOR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Add'l Parking Avail, Attached, Common
  • Attached Garage: Yes
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Attached: Yes
  • Parking:Add_squote_l Parking Avail: Yes

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, See Remarks

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Peoria Unified School District

Lot Info

  • Lot Size: 6800
  • Additional Parcels: No
  • Parcel #: 200-85-106

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Gas, Electricity, Water, Cable TV
  • Number Of Units Total: 2
  • Annual Operating Expense: 800.0

Tax Info

  • Tax Annual Amount: 800.0
  • Tax Book Number: 200.00
  • Tax Lot: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2017
Closed on
Apr 17, 2017
Sold by
Wood Gary L and Maher Richard J
Bought by
Wheeler Nitz Llc
Seller's Agent
Cathy Abramson
Visionary Properties
Buyer's Agent
Thomas Nitz
Realty85
List Price
$149,900
Sold Price
$141,000
Premium/Discount to List
-$8,900
-5.94%
Current Estimated Value
$337,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,997
Avg. Annual Appreciation
11.07%
Original Mortgage
$105,750
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 5, 2013
Closed on
Oct 24, 2013
Sold by
Milburn Lee Douglas
Bought by
Wood Gary L and Maher Richard J
Seller's Agent
Michael Harris
DPR Realty LLC
Buyer's Agent
Cathy Abramson
Visionary Properties
List Price
$118,000
Sold Price
$80,000
Premium/Discount to List
-$38,000
-32.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.58%
Original Mortgage
$60,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2004
Sold by
Plein Kenneth J and Plein Mary Kay
Bought by
Copping Betty M Millburn

Purchase Details

Closed on
Oct 9, 1995
Sold by
Pewterbaugh Charles R and Pewterbaugh Virginia M
Bought by
Plein Kenneth J and Plein Mary Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 7, 1994
Sold by
Pewterbaugh Charles R and Pewterbaugh Virginia M
Bought by
Pewterbaugh Charles R and Pewterbaugh Virginia M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wheeler Nitz Llc $141,000 Driggs Title Agency Inc
Wood Gary L $80,000 Great American Title Agency
Copping Betty M Millburn $119,900 First American Title Ins Co
Plein Kenneth J $60,000 United Title Agency
Pewterbaugh Charles R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler-Nitz Llc $243,000
Closed Wheeler Nitz Llc $105,750
Previous Owner Wood Gary L $60,000
Previous Owner Plein Kenneth J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2017 04/24/17 Sold $141,000 -5.9% $94 / Sq Ft
03/11/2017 03/11/17 For Sale $149,900 +87.4% $100 / Sq Ft
10/26/2013 10/26/13 Sold $80,000 -11.1% $53 / Sq Ft
09/17/2013 09/17/13 Price Changed $90,000 -3.9% $60 / Sq Ft
07/15/2013 07/15/13 Price Changed $93,700 -4.3% $62 / Sq Ft
05/01/2013 05/01/13 Price Changed $97,900 -7.6% $65 / Sq Ft
04/19/2013 04/19/13 Price Changed $106,000 -5.4% $71 / Sq Ft
03/15/2013 03/15/13 Price Changed $112,000 -5.1% $75 / Sq Ft
03/05/2013 03/05/13 For Sale $118,000 -- $79 / 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 $913 $7,513 -- --
2024 $894 $7,155 -- --
2023 $894 $23,650 $4,730 $18,920
2022 $865 $15,950 $3,190 $12,760
2021 $883 $14,550 $2,910 $11,640
2020 $887 $12,000 $2,400 $9,600
2019 $869 $10,760 $2,150 $8,610
2018 $842 $9,610 $1,920 $7,690
2017 $830 $7,530 $1,500 $6,030
2016 $800 $6,750 $1,350 $5,400
2015 $750 $6,180 $1,230 $4,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5573788

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-85-106