1228 E Virginia Ave Phoenix, AZ 85006
Coronado Neighborhood
--
Bed
--
Bath
1,385
Sq Ft
7,492
Sq Ft Lot
Highlights
- 4 Car Attached Garage
- Ceramic Tile Flooring
- Central Heating and Cooling System
- Phoenix Coding Academy Rated A
About This Home
As of November 2021Back from sold. Both units rented by long time tenants. Ignore Cap Rate. Same owner for 20 years. Clean duplex with two 2-bedroom units, each with own 1 car garage. Rents are $200-$250/mo. under market value, owner didn't care. Also includes 20x30 brick storage building currently leased for $250/mo., could be $500/mo or possibly converted to another unit. Priced to sell quickly.
Last Agent to Sell the Property
Kenneth Clark
HomeSmart License #SA019669000 Listed on: 08/05/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $704
Year Built
- Built in 1950
Home Design
- Brick Exterior Construction
- Composition Roof
Flooring
- Carpet
- Ceramic Tile
Parking
- 4 Car Attached Garage
- Free Parking
Schools
- Phoenix Prep Academy Elementary And Middle School
- Phoenix Prep Academy High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Master Water Meter
Listing and Financial Details
- The owner pays for trash collection, water, sewer, landscaping
- Legal Lot and Block 120 / 1
- Assessor Parcel Number 117-21-119
Community Details
Overview
- 2 Units
- Building Dimensions are 62.44' x 119.34'
- South Country Club Manor Subdivision
Building Details
- Operating Expense $2,928
- Gross Income $20,700
- Net Operating Income $17,732
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2021
Closed on
Nov 9, 2021
Sold by
Trubakoff Thad
Bought by
Laclair Matthew and Laclair Anna
Seller's Agent
Chad Vice
Venture REI, LLC
Buyer's Agent
Jackie Briggs
Locality Homes
List Price
$549,900
Sold Price
$549,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,202
Avg. Annual Appreciation
1.83%
Original Mortgage
$549,900
Outstanding Balance
$508,230
Interest Rate
3.01%
Mortgage Type
VA
Estimated Equity
$80,148
Purchase Details
Listed on
Aug 5, 2020
Closed on
Sep 3, 2020
Sold by
Gloe Michael
Bought by
Trubakoff Thad
Seller's Agent
Kenneth Clark
HomeSmart
Buyer's Agent
Chad Vice
HomeSmart
List Price
$414,900
Sold Price
$400,000
Premium/Discount to List
-$14,900
-3.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.88%
Original Mortgage
$410,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 12, 2009
Sold by
Gloe Michael T
Bought by
Gloe Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
5.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 1999
Sold by
Wieting Kurt S and Wieting Ursula J
Bought by
Gloe Michael T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,822
Interest Rate
6.7%
Mortgage Type
FHA
Similar Homes in Phoenix, AZ
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $549,900 | Valleywide Title Agency Llc | |
| Warranty Deed | $400,000 | Arizona Premier Title | |
| Interfamily Deed Transfer | -- | Fidelity Natl Title Ins Co | |
| Warranty Deed | $108,000 | Capital Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $549,900 | VA | |
| Previous Owner | $410,000 | Commercial | |
| Previous Owner | $109,000 | New Conventional | |
| Previous Owner | $108,300 | Fannie Mae Freddie Mac | |
| Previous Owner | $107,822 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/10/2021 11/10/21 | Sold | $549,900 | 0.0% | $397 / Sq Ft |
| 09/27/2021 09/27/21 | Pending | -- | -- | -- |
| 09/15/2021 09/15/21 | For Sale | $549,900 | 0.0% | $397 / Sq Ft |
| 09/11/2021 09/11/21 | For Sale | $549,900 | 0.0% | $397 / Sq Ft |
| 09/11/2021 09/11/21 | Price Changed | $549,900 | 0.0% | $397 / Sq Ft |
| 09/01/2021 09/01/21 | Price Changed | $549,900 | 0.0% | $397 / Sq Ft |
| 08/04/2021 08/04/21 | Pending | -- | -- | -- |
| 07/26/2021 07/26/21 | Pending | -- | -- | -- |
| 07/23/2021 07/23/21 | Pending | -- | -- | -- |
| 07/20/2021 07/20/21 | For Sale | $549,900 | +37.5% | $397 / Sq Ft |
| 09/17/2020 09/17/20 | Sold | $400,000 | -3.6% | $289 / Sq Ft |
| 08/05/2020 08/05/20 | For Sale | $414,900 | -- | $300 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $773 | $6,161 | -- | -- |
| 2024 | $747 | $5,868 | -- | -- |
| 2023 | $747 | $39,210 | $7,840 | $31,370 |
| 2022 | $743 | $24,030 | $4,800 | $19,230 |
| 2021 | $755 | $20,000 | $4,000 | $16,000 |
| 2020 | $736 | $14,660 | $2,930 | $11,730 |
| 2019 | $704 | $11,710 | $2,340 | $9,370 |
| 2018 | $681 | $9,310 | $1,860 | $7,450 |
| 2017 | $625 | $8,970 | $1,790 | $7,180 |
| 2016 | $603 | $7,280 | $1,450 | $5,830 |
| 2015 | $561 | $6,160 | $1,230 | $4,930 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2021
Chad Vice
Venture REI, LLC
-
Buyer's Agent in 2021
Jackie Briggs
Locality Homes
(602) 717-4844
1 in this area
151 Total Sales
-
K
Seller's Agent in 2020
Kenneth Clark
HomeSmart
-
Seller Co-Listing Agent in 2020
Matt Wright
Realty One Group
(602) 290-2175
1 in this area
35 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6112844
APN: 117-21-119
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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