A
Seller's Agent in 2014
Alex Kalaj
HomeSmart
1232 E Mountain View Rd Phoenix, AZ 85020
North Central NeighborhoodEstimated Value: $338,000 - $607,000
Studio
2
Baths
766
Sq Ft
$637/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Sunnyslope High School Rated A
- Central Heating and Cooling System
About This Home
As of January 2014NOT A SHORT SALE AND NOT AN REO. Quick response from a private seller. This remodeled steel studs construction (no termite issues ever), turnkey duplex features large over 1,100 sq.ft. units that feel very spacious. It includes roomy living rooms, attractive bathrooms, upper unit has two full bathrooms. This property is projected to generate total rents of $15,960 per year adjusted gross income. Then after projected expenses of $2,478 the net operating income is $13,482 per year. This is a 10.5% CAP Rate (very attractive number for investors). Should take 9.5 years to pay it self, plus property appreciates each day.
Last Agent to Sell the Property
Alex Kalaj
HomeSmart License #SA635785000 Listed on: 11/10/2013
Last Buyer's Agent
Courtney Dunlap
Meka Realty License #SA649259000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $369
Year Built
- Built in 1986
Lot Details
- 8,320
Home Design
- Composition Roof
- Metal Construction or Metal Frame
- Stucco
Flooring
- Wood
- Carpet
- Vinyl
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Paved Parking
Schools
- Washington Elementary School - Phoenix
- Glendale High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 30
- Assessor Parcel Number 159-30-034
Community Details
Overview
- 2 Units
- Building Dimensions are 8,313 Sq. Ft.
Building Details
- Operating Expense $2,478
- Gross Income $15,960
- Net Operating Income $13,482
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 8, 2024
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Nov 10, 2013
Closed on
Jan 17, 2014
Sold by
Bought by
Seller's Agent
Alex Kalaj
HomeSmart
Buyer's Agent
Courtney Dunlap
Meka Realty
List Price
$127,500
Sold Price
$120,000
Premium/Discount to List
-$7,500
-5.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%
Original Mortgage
$96,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 19, 2010
Sold by
Bought by
Purchase Details
Closed on
Jan 28, 2009
Sold by
Bought by
Purchase Details
Closed on
Sep 10, 2008
Sold by
Bought by
Purchase Details
Closed on
Oct 19, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 1, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
1.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 14, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
7.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 1996
Sold by
Bought by
Purchase Details
Closed on
Feb 14, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $120,000 | Driggs Title Agency Inc | ||
| -- | None Available | ||
| $29,900 | Great American Title Agency | ||
| $164,589 | Great American Title Agency | ||
| -- | Ticor Title Agency Of Az Inc | ||
| $164,000 | First American Title Ins Co | ||
| $103,000 | Arizona Title Agency Inc | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $96,000 | ||
| Previous Owner | $150,000 | ||
| Previous Owner | $114,800 | ||
| Previous Owner | $82,400 | ||
| Closed | $15,450 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/21/2014 01/21/14 | Sold | $120,000 | -5.9% | $157 / Sq Ft |
| 12/09/2013 12/09/13 | Pending | -- | -- | -- |
| 11/10/2013 11/10/13 | For Sale | $127,500 | -- | $166 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,320 | $10,385 | -- | -- |
| 2024 | $1,247 | $9,891 | -- | -- |
| 2023 | $1,247 | $36,400 | $7,280 | $29,120 |
| 2022 | $1,206 | $25,380 | $5,070 | $20,310 |
| 2021 | $1,222 | $21,430 | $4,280 | $17,150 |
| 2020 | $1,191 | $19,420 | $3,880 | $15,540 |
| 2019 | $1,170 | $17,160 | $3,430 | $13,730 |
| 2018 | $1,139 | $21,180 | $4,230 | $16,950 |
| 2017 | $2,606 | $21,550 | $4,310 | $17,240 |
| 2016 | $387 | $3,920 | $780 | $3,140 |
| 2015 | $358 | $3,450 | $690 | $2,760 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Buyer's Agent in 2014
Courtney Dunlap
Meka Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5028549
APN: 159-30-034
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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