NOT LISTED FOR SALE

Estimated Value: $401,116 - $799,000

-- Bed
-- Bath
3,000 Sq Ft
$214/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $199,500 $66 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $3,588/month

56 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of December 2016

Huge opportunity to own a 4 plex with a SURPRISE address! All of the units are rented and rented all of the time. Landlord has never had trouble renting these units out. Each unit has its own AC unit, Stacked W/D in every unit, built in microwaves, Ceiling fans in every room. Sunscreens on the windows.

Last Agent to Sell the Property

Alina Tamas

My Home Group Real Estate License #SA644960000 Listed on: 09/12/2016

Last Buyer's Agent

Trent Wightman

TWG Real Estate Professionals License #BR636395000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $651

Year Built

  • Built in 1986

Lot Details

  • 5,968

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 10
  • Assessor Parcel Number 501-18-272

Community Details

Overview

  • 4 Units
  • Building Dimensions are 5717
  • Cottonwood Estates Unit 1 Mcr 281 11 Lot 1 12 Subdivision

Building Details

  • Operating Expense $3,251

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$651

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Bell and Dysart
  • Legal Info Range: 1W
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Subdivision Name: COTTONWOOD ESTATES UNIT 1 MCR 281-11 LOT 1-12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, 1 Space/Unit
  • Attached Garage: No
  • 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:Assigned: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 2000.0

Schools

  • Junior High Dist: Dysart Unified District

Lot Info

  • Lot Size: 5717
  • Additional Parcels: No
  • Parcel #: 501-18-272

Multi Family

  • Owner Pays: None
  • Tenant Pays: Electricity, None
  • Number Of Units Total: 4
  • Annual Operating Expense: 3251.0

Tax Info

  • Tax Annual Amount: 651.0
  • Tax Book Number: 501.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2017
Sold by
Sroda Matthew
Bought by
12717 W Tasha Drive Llc
Current Estimated Value
$642,529

Purchase Details

Listed on
Sep 12, 2016
Closed on
Nov 30, 2016
Sold by
Service First Residential Rental Corpora
Bought by
Sroda Matthew
Seller's Agent
Alina Tamas
My Home Group Real Estate
Buyer's Agent
Trent Wightman
TWG Real Estate Professionals
List Price
$237,400
Sold Price
$199,500
Premium/Discount to List
-$37,900
-15.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.42%
Original Mortgage
$149,625
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2011
Sold by
Lake Dale
Bought by
Lake Boyd

Purchase Details

Closed on
Feb 18, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lake Boyd

Purchase Details

Closed on
Jan 19, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 16, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 13, 2007
Sold by
Rankin Robert Rollie and Rankin Blanca A
Bought by
Rankin Robert Rollie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2001
Sold by
Rankin Robert Rollie
Bought by
Rankin Robert Rollie and Rankin Blanca A

Purchase Details

Closed on
Mar 30, 2001
Sold by
Rankin Blanca A
Bought by
Rankin Robert Rollie

Purchase Details

Closed on
Nov 20, 2000
Sold by
Vaage Gary
Bought by
Rankin Robert Rollie

Purchase Details

Closed on
Jan 17, 1997
Sold by
Williams Dwayne A and Williams Lois Maurine
Bought by
Vaage Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,840
Interest Rate
7.86%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
12717 W Tasha Drive Llc -- None Available
Sroda Matthew $199,500 Chicago Title Agency Inc
Lake Boyd -- First American Title Ins Co
Lake Boyd $60,100 First American Title Ins Co
Federal Home Loan Mortgage Corp -- First American Title
Federal Home Loan Mortgage Corp -- First American Title
Bac Home Loans Servicing Lp $72,000 First American Title
Rankin Robert Rollie -- Commerce Title Company
Rankin Robert Rollie -- --
Rankin Robert Rollie -- Capital Title Agency
Rankin Robert Rollie $144,200 Capital Title Agency
Vaage Gary L $70,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sroda Matthew $149,625
Previous Owner Rankin Robert Rollie $208,000
Previous Owner Rankin Robert R $176,800
Previous Owner Vaage Gary L $56,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $199,500 -2.2% $67 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
10/31/2016 10/31/16 Price Changed $204,000 -3.8% $68 / Sq Ft
10/17/2016 10/17/16 Price Changed $212,000 -3.4% $71 / Sq Ft
10/11/2016 10/11/16 Price Changed $219,400 -5.6% $73 / Sq Ft
10/03/2016 10/03/16 Price Changed $232,400 -2.1% $77 / Sq Ft
09/12/2016 09/12/16 For Sale $237,400 -- $79 / 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 $834 $9,197 -- --
2024 $822 $8,759 -- --
2023 $822 $45,010 $9,000 $36,010
2022 $813 $30,870 $6,170 $24,700
2021 $845 $27,260 $5,450 $21,810
2020 $834 $20,670 $4,130 $16,540
2019 $809 $20,100 $4,020 $16,080
2018 $794 $19,870 $3,970 $15,900
2017 $739 $12,710 $2,540 $10,170
2016 $713 $11,470 $2,290 $9,180
2015 $651 $9,300 $1,860 $7,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5496393

Arizona Regional Multiple Listing Service (ARMLS)

APN: 501-18-272