NOT LISTED FOR SALE

Estimated Value: $340,000 - $563,000

-- Bed
-- Bath
1,648 Sq Ft
$280/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $135,000 $82 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $2,562/month

98 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of February 2015

**WOW** Total renovated 4 plex (new AC units, ceramic tile, cabinets, paint, water heaters, service panels, fixtures and more). Renovations just complete and ready for lease up. Units consist of one 2 bed+ den, and 3 studios all currently vacant.

Last Agent to Sell the Property

David Gudmundsen

Better Homes & Gardens Real Estate SJ Fowler License #BR105719000 Listed on: 10/28/2014

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Jared Piper

My Home Group Real Estate License #SA644292000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $571

Year Built

  • Built in 1951

Lot Details

  • 6,665

Home Design

  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Kenilworth Elementary School

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 20
  • Assessor Parcel Number 111-27-162

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6675
  • University Addition Subdivision

Building Details

  • Operating Expense $571

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$571

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Cross Street: 15th Ave and Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1951
  • Tax Year: 2013
  • Directions: South on 15th Ave to Pierce, east on Pierce to property. Vacant on ARMLS lockbox. Use keys in ARMLS to access gate and key box/safe(see photos) at east building. Call with questions.
  • Road Surface Type: Asphalt
  • Subdivision Name: University Addition
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: See Remarks, Rolled/Hot Mop
  • 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:Free: Yes
  • Parking:None30: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Kenilworth Elementary School

Lot Info

  • Lot Size: 6675
  • Additional Parcels: No
  • Parcel #: 111-27-162

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 571.0

Tax Info

  • Tax Annual Amount: 571.0
  • Tax Book Number: 111.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2014
Closed on
Feb 26, 2015
Sold by
Equity Trust Company
Bought by
Scooter Investments Llc
Seller's Agent
David Gudmundsen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jared Piper
My Home Group Real Estate
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%
Current Estimated Value
$461,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,000
Avg. Annual Appreciation
12.39%

Purchase Details

Listed on
Sep 19, 2013
Closed on
Nov 5, 2013
Sold by
Coffee Cup A Llc
Bought by
Equity Trust Company
Seller's Agent
Steve Olson
Keller Williams Realty Biltmore Partners
Buyer's Agent
David Gudmundsen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$98,200
Sold Price
$80,000
Premium/Discount to List
-$18,200
-18.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.50%

Purchase Details

Listed on
Apr 15, 2011
Closed on
Feb 28, 2012
Sold by
Desai Sreedhar
Bought by
Coffee Cup A Llc
Seller's Agent
Patty Rief
My Home Group Real Estate
Buyer's Agent
Steve Olson
Keller Williams Realty Biltmore Partners
List Price
$130,000
Sold Price
$94,500
Premium/Discount to List
-$35,500
-27.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.28%
Original Mortgage
$39,591
Interest Rate
3.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 10, 2011
Sold by
Statewide Housing Solutions Llc
Bought by
Desai Sreedhar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2011
Sold by
Desai Sunitha
Bought by
Desai Sree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2011
Sold by
Soldo Paul
Bought by
Desai Sree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2011
Sold by
Soldo Paul
Bought by
Statewide Housing Solutions

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2011
Sold by
Statewife Housing Solutions
Bought by
Soldo Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2010
Sold by
Level Properties Ltd
Bought by
Statewide Housing Solutions

Purchase Details

Closed on
Feb 16, 2010
Sold by
Rodriguez Benito
Bought by
Level Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
5.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 20, 2005
Sold by
Rodriguez Margarita H
Bought by
Rodriguez Benito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Medina Dora Christina
Bought by
Garcia Hector D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2002
Sold by
Walke Thomas C and Walke Annette
Bought by
Medina Dora Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,600
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2001
Sold by
Jensen Mark A
Bought by
Walke Thomas C and Walke Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 28, 2000
Sold by
Jensen Shell K
Bought by
Jensen Mark A

Purchase Details

Closed on
May 27, 2000
Sold by
Davidge Willis J and Davidge Norma Linda
Bought by
Jensen Mark A

Purchase Details

Closed on
Jan 8, 1998
Sold by
Rose Marvin L
Bought by
Davidge Willis J and Davidge Norma Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,202
Interest Rate
7.16%
Mortgage Type
Assumption

Purchase Details

Closed on
Oct 7, 1997
Sold by
Sandhagen Jack K and Sandhagen Joanne P
Bought by
Rose Marvin L
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
Scooter Investments Llc $255,000 Great Amer Title Agency Inc
Equity Trust Company $160,000 Magnus Title Agency
Coffee Cup A Llc $94,500 Old Republic Title Agency
Desai Sreedhar -- Accommodation
Desai Sreedhar -- None Available
Desai Sree -- Title Management Agency Of A
Statewide Housing Solutions Llc -- Title Management Agency Of A
Desai Sree -- None Available
Statewide Housing Solutions -- None Available
Soldo Paul -- Title Management Agency Of A
Statewide Housing Solutions $50,000 Pioneer Title Agency Inc
Level Properties Ltd $62,000 None Available
Rodriguez Benito -- --
Rodriguez Benito $225,000 Security Title Agency Inc
Garcia Hector D $153,000 Chicago Title Insurance Co
Medina Dora Christina $144,500 Capital Title Agency Inc
Walke Thomas C $80,000 Capital Title Agency
Jensen Mark A -- Stewart Title
Jensen Mark A $103,500 Stewart Title
Davidge Willis J $116,202 Security Title Agency
Rose Marvin L $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Eight Llc $500,000
Closed Park Eight Llc $196,000
Closed Park Eight Llc $212,000
Previous Owner Coffee Cup A Llc $39,591
Previous Owner Statewide Housing Solutions Llc $10,000
Previous Owner Soldo Paul $32,000
Previous Owner Level Properties Ltd $46,500
Previous Owner Rodriguez Benito $202,500
Previous Owner Garcia Hector D $137,700
Previous Owner Garcia Hector D $202,500
Previous Owner Medina Dora Christina $115,600
Previous Owner Walke Thomas C $72,000
Previous Owner Davidge Willis J $101,202
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $135,000 -15.6% $82 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
10/27/2014 10/27/14 For Sale $159,900 +99.9% $97 / Sq Ft
11/15/2013 11/15/13 Sold $80,000 -18.5% $49 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $98,200 +3.9% $60 / Sq Ft
03/02/2012 03/02/12 Sold $94,500 -27.3% --
01/05/2012 01/05/12 Pending -- -- --
04/15/2011 04/15/11 For Sale $130,000 -- --
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 $845 $6,320 -- --
2024 $837 $6,019 -- --
2023 $837 $35,680 $7,130 $28,550
2022 $807 $25,030 $5,000 $20,030
2021 $801 $20,820 $4,160 $16,660
2020 $810 $19,160 $3,830 $15,330
2019 $809 $15,830 $3,160 $12,670
2018 $795 $11,970 $2,390 $9,580
2017 $777 $11,580 $2,310 $9,270
2016 $755 $10,420 $2,080 $8,340
2015 $698 $6,710 $1,340 $5,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5191722

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-27-162