NOT LISTED FOR SALE
-- Bed
5 Baths
300 Sq Ft
5,881 Sq Ft Lot

Last Sold May 22, 2015

Last sale price $120,225 $401 Per Sq Ft

11 Days on Market

Highlights

  • Evaporated cooling system
  • Vinyl Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of May 2015

GREAT INVESTMENT PROPERTY WITH 5 UNITS. ALL UNITS ARE STUDIOS. PROPERTY HAS 2 BUILDINGS SPREAD OVER 2 PARCELS. PROPERTY CURRENTLY OCCUPIED AND BEING SOLD AT AUCTION.

Last Agent to Sell the Property

Marlene Cerreta

Cerreta Real Estate License #BR536275000 Listed on: 04/23/2015

Co-Listed By

Aimee Mitchell

Cerreta Real Estate License #SA536274000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,137

Year Built

  • Built in 1986

Lot Details

  • 5,881

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Additional Features

  • Vinyl Flooring
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 63
  • Assessor Parcel Number 116-25-141

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Building Dimensions are IRR
  • East Van Buren Place Subdivision

Building Details

  • Operating Expense $1,137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,137

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: VAN BUREN AND 12TH ST
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R5
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2014
  • Road Surface Type: Dedicated Street
  • Co List Office Mls Id: cerr01
  • Co List Office Phone: 623-266-6888
  • Subdivision Name: EAST VAN BUREN PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 116-25-141

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 5
  • Annual Operating Expense: 1137.0

Tax Info

  • Tax Annual Amount: 1137.0
  • Tax Book Number: 116.00
  • Tax Lot: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
Scooter Investments Llc
Bought by
Sierra Nevada One Holdings Llc

Purchase Details

Listed on
Apr 23, 2015
Closed on
May 6, 2015
Sold by
Wells Fargo Bank National Association
Bought by
Scooter Investments Llc
Seller's Agent
Marlene Cerreta
Cerreta Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$102,300
Sold Price
$120,225
Premium/Discount to List
$17,925
17.52%

Purchase Details

Listed on
Apr 23, 2015
Closed on
Mar 31, 2015
Sold by
Briestensky Miroslav and Lawyer Jason
Bought by
Wells Fargo Bank National Association
Seller's Agent
Marlene Cerreta
Cerreta Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$102,300
Sold Price
$120,225
Premium/Discount to List
$17,925
17.52%

Purchase Details

Closed on
Aug 27, 2004
Sold by
Taylor Todd M
Bought by
Davis Wesley Roland
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sierra Nevada One Holdings Llc -- None Listed On Document
Scooter Investments Llc $170,625 Title365 Agency
Wells Fargo Bank National Association $139,500 Title365
Davis Wesley Roland $135,000 Security Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2015 05/22/15 Sold $120,225 +17.5% $401 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $102,300 -- $341 / 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 $132 $932 $932 --
2024 $123 $888 $888 --
2023 $123 $4,150 $4,150 $0
2022 $119 $2,810 $2,810 $0
2021 $118 $2,350 $2,350 $0
2020 $119 $2,260 $2,260 $0
2019 $119 $1,430 $1,430 $0
2018 $117 $1,210 $1,210 $0
2017 $115 $1,130 $1,130 $0
2016 $111 $900 $900 $0
2015 $103 $820 $820 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5269901

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-25-141