NOT LISTED FOR SALE

Estimated Value: $404,873 - $1,003,000

Studio
-- Bath
3,720 Sq Ft
$198/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $146,000 $39 Per Sq Ft

Est. 406% increase in value since last sale

Current estimated payment $3,990/month

167 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Multiple Heating Units
  • Sunnyslope High School Rated A
  • Ceiling Fan
  • 4-minute walk to Norton Park

About This Home

As of December 2012

Well maintained fourplex in North Central Phoenix. Fully occupied. Newer 2010 roof. Huge apartments with all wood type and tile floors. Many upgrades over the years including 3 newer kitchens. Each has either a washer and dryer included or hook up. Property is easy to lease and popular with tenants because of the amenities and size of rooms. Pretty much in very good condition.

Last Agent to Sell the Property

Joanna Zajusz

HomeSmart License #SA536079000 Listed on: 04/29/2012

Co-Listed By

Artur Ciesielski

HomeSmart License #SA527273000

Last Buyer's Agent

Jon Dzwonkoski

Red Brick Realty, LLC License #BR643387000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1987

Lot Details

  • 6,534

Home Design

  • Composition Roof
  • Metal Construction or Metal Frame
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Sunnyslope Elementary School
  • Larkspur Elementary Middle School
  • Sunnyslope Elementary High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 159-31-018-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $7,152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,402

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: 12th St. & Mountain View
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1987
  • Tax Year: 2011
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: none
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Metal
  • Roof: Composition
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Parking Features: Add'l Parking Avail, >1 Space Per 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
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: 2 or More Units, Individual, Heat Pump, Ceiling Fan(s)
  • Heating: Individual, Heat Pump, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 800.0
  • Annual Water Sewer Expense: 2900.0

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope Elementary School
  • Middle Or Junior School: Larkspur Elementary School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 159-31-018-B

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 900.0
  • Maintenance Expense: 400.0
  • Annual Operating Expense: 7152.0
  • Vacancy Allowance Rate: 0.08

Tax Info

  • Tax Annual Amount: 1402.0
  • Tax Book Number: 159.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2017
Sold by
Kaven Patricia
Bought by
Kaven Patricia J and Kaven Family Trust
Current Estimated Value
$738,218

Purchase Details

Closed on
Apr 20, 2015
Sold by
Fitz Purdue Llc
Bought by
Kaven Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$110,571
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$627,647

Purchase Details

Closed on
Mar 4, 2013
Sold by
Fitz Clarence R
Bought by
Fitz Purdue Llc

Purchase Details

Listed on
Apr 29, 2012
Closed on
Dec 19, 2012
Sold by
Blue Forest Properties Llc
Bought by
Fitz Clarence R
Seller's Agent
Joanna Zajusz
HomeSmart
Buyer's Agent
Jon Dzwonkoski
Red Brick Realty, LLC
List Price
$140,000
Sold Price
$146,000
Premium/Discount to List
$6,000
4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%

Purchase Details

Closed on
Jun 7, 2011
Sold by
Opara Teresa
Bought by
Blue Forest Properties Llc

Purchase Details

Closed on
Jun 19, 2003
Sold by
Zajusz Joanna
Bought by
Opara Teresa

Purchase Details

Closed on
Feb 24, 2003
Sold by
Opara Teresa W and Opara Terest
Bought by
Zajusz Joanna and 1238 Purdue Trust

Purchase Details

Closed on
Dec 2, 1997
Sold by
Shoecraft Micah J and Gruber Lincoln E
Bought by
Coho George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
7.23%
Mortgage Type
VA

Purchase Details

Closed on
Dec 10, 1996
Sold by
Caledonian Park Inc
Bought by
Shoecraft Micah J and Gruber Lincoln E
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kaven Patricia J -- None Available
Kaven Patricia $192,000 Clear Title Agency
Fitz Purdue Llc -- None Available
Fitz Clarence R $146,000 Title Management Agency Of A
Blue Forest Properties Llc -- None Available
Opara Teresa -- Arizona Title Agency Inc
Zajusz Joanna -- Old Republic Title Agency
Coho George W $160,000 Stewart Title & Trust
Shoecraft Micah J $120,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaven Patricia $144,000
Previous Owner Coho George W $163,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2012 12/28/12 Sold $146,000 +4.3% $39 / Sq Ft
10/13/2012 10/13/12 Pending -- -- --
04/29/2012 04/29/12 For Sale $140,000 -- $38 / 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 $1,561 $12,284 -- --
2024 $1,475 $11,699 -- --
2023 $1,475 $51,930 $10,380 $41,550
2022 $1,427 $36,520 $7,300 $29,220
2021 $1,445 $29,320 $5,860 $23,460
2020 $1,409 $25,960 $5,190 $20,770
2019 $1,384 $23,330 $4,660 $18,670
2018 $1,347 $19,700 $3,940 $15,760
2017 $1,341 $16,170 $3,230 $12,940
2016 $1,316 $15,260 $3,050 $12,210
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4751719

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-31-018B