NOT LISTED FOR SALE

12815 N 113th Ave Youngtown, AZ 85363

Youngtown Area

Estimated Value: $598,000 - $645,000

8 Beds
-- Baths
3,628 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: March 4, 2022

Last sale price $1,500,000 $413 Per Sq Ft

Current estimated payment $3,579 / mo

34 Days on Market

Highlights

  • Wood Flooring
  • Community Barbecue Grill
  • Individual Controls for Heating

About This Home

As of March 2022

113 Palms Apartments is a very well-maintained property built in 1987 with wood frame and stucco. All eight units are 2BD/2BA averaging 907 square feet. Each unit has washer and dryer hook-ups and a covered parking spot. The landscaping is a beautiful low-maintenance desert theme with light colored rock and neatly manicured plants.

113 Palms has been recently renovated with both interior and exterior improvements. 5/8 units have had recent interior renovations. 2/5 units that have been renovated have had patios added to the units. The two units with patios are renting at $1,250 currently, the three additional remodeled units without patios are renting at $1,195 and the remaining three units are renting at $995. Seller holds an active Real Estate license in the State of Arizona.

Last Agent to Sell the Property

Carrick Sears

SVN/Desert Commercial Advisors License #BR633405000 Listed on: 12/01/2021

SVN/Desert Commercial Advisors

Last Buyer's Agent

David Schrand

Coldwell Banker Realty License #SA632537000

Coldwell Banker Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,584

Year Built

  • Built in 1987

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 12 Parking Spaces
  • 8 Covered Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water, landscaping
  • Tax Lot 214
  • Assessor Parcel Number 200-85-953-B

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are 21850

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $27,246
  • Gross Income $101,414
  • Net Operating Income $71,671

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,584

Year Built

Built in 1987

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 113th Ave
  • Property Type: Multiple Dwellings
  • Zoning: R-1
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1987
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Professional Management Expense: 6086.0
  • Tax Parcel Letter: B
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Wood
  • Appliances: Built-In Range, Dishwasher, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Community Features:Barbecue: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 12.0

Utilities

  • Electric: SRP
  • Cooling: Individual
  • Heating: Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Barbecue

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 672.0
  • Annual Water Sewer Expense: 5876.0

Lot Info

  • Lot Size: 21850
  • Additional Parcels: Yes
  • Parcel #: 200-85-953-B

Multi Family

  • Owner Pays: Water, Landscaping
  • Number Of Units Total: 8
  • Annual Gross Income: 101414.4
  • Insurance Expense: 2058.0
  • Maintenance Expense: 4000.0
  • Property Net Operating Income: 71671.0
  • Annual Operating Expense: 27246.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2584.0
  • Tax Book Number: 200.00
  • Tax Lot: 214

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
Apr 19, 2018
Sold by
Weberlex Eight Llc
Bought by
Current Estimated Value
$607,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$189,744
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$428,923

Purchase Details

Closed on
Oct 7, 2006
Sold by
Weber Karl R and Weber Debra H
Bought by
Weberplex Eight Llc

Purchase Details

Closed on
Dec 17, 2002
Sold by
Weber Karl R and Weber Debra H
Bought by
Weber Karl R and Weber Debra H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.86%

Purchase Details

Closed on
Dec 19, 2001
Sold by
Weber Karl R and Weber Debra H
Bought by
Weber Karl R and Weber Debra H

Purchase Details

Closed on
Sep 26, 1995
Sold by
Oneal Don E
Bought by
Weber Karl R and Weber Debra H
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Youngtown, AZ

  • Andrea Garcia Real Estate Agent - Keller Williams Realty Sonoran Living

    Andrea Garcia

    Responds Quickly

    Keller Williams Realty Sonoran Living

    (623) 900-1696

    270 Total Sales

    1 in Youngtown

    $242,500 Price

    Andrea Garcia
     Section Image
  • Natalie Gantner Real Estate Agent - W and Partners, LLC

    Natalie Gantner

    W and Partners, LLC

    (623) 748-4820

    35 Total Sales

    1 in Youngtown

    $185,000 Price

    Natalie Gantner
     Section Image
  • John Galaviz Real Estate Agent - eXp Realty

    John Galaviz

    Responds Quickly

    eXp Realty

    (623) 600-7993

    122 Total Sales

    1 in Youngtown

    $369,000 Price

    John Galaviz
     Section Image
  • Christine Sirochman Real Estate Agent - West USA Realty of Prescott

    Christine Sirochman

    West USA Realty of Prescott

    (928) 910-7838

    109 Total Sales

    1 in Youngtown

    $379,990 Price

    Christine Sirochman
     Section Image
  • Brandon Edwards Real Estate Agent - West USA Realty

    Brandon Edwards

    Responds Quickly

    West USA Realty

    (480) 372-8818

    77 Total Sales

    3 in Youngtown

    $630,000 Price Range

    Brandon Edwards
     Section Image
  • Celeste McIvor Real Estate Agent - eXp Realty

    Celeste McIvor

    eXp Realty

    (888) 483-6270

    198 Total Sales

    1 in Youngtown

    $160,000 Price

    Celeste McIvor
     Section Image
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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
$300,000 Empire West Title Agency Llc
Sears Carrick $300,000 Empire West Title Agency Llc
Pinnacle Real Estate Two Llc -- None Available
Weberplex Eight Llc -- None Available
Weber Karl R -- Guaranty Title Agency Az Inc
Weber Karl R -- Guaranty Title Agency Az Inc
Weber Karl R -- --
Weber Karl R $120,000 Grand Canyon Title Agency In
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
Open $225,000
Closed Sears Carrick $225,000
Previous Owner Weber Karl R $99,000
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
03/04/2022 03/04/22 Sold $1,500,000 +1.4% $413 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/01/2021 12/01/21 For Sale $1,480,000 -- $408 / 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 $2,763 $22,901
2024 $2,616 $21,810
2023 $2,616 $48,900 $9,780 $39,120
2022 $2,524 $32,610 $6,520 $26,090
2021 $2,584 $28,510 $5,700 $22,810
2020 $2,588 $24,350 $4,870 $19,480
2019 $2,517 $19,410 $3,880 $15,530
2018 $2,435 $16,770 $3,350 $13,420
2017 $2,409 $15,500 $3,100 $12,400
2016 $2,735 $19,810 $3,960 $15,850
2015 $2,555 $26,730 $5,340 $21,390
Source: Public Records

Agents Affiliated with this Home

  • Carrick Sears Real Estate Agent - SVN/Desert Commercial Advisors

    Seller's Agent in 2022

    Carrick Sears

    SVN/Desert Commercial Advisors

    (602) 327-0325

    15 Total Sales

    Carrick Sears
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  • DS

    Buyer's Agent in 2022

    David Schrand

    Coldwell Banker Realty

    (480) 291-1600

    66 Total Sales

    David Schrand
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6326934

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-85-953B

Arizona Maricopa County Youngtown 85363

12815 N 113th Ave, Youngtown, AZ

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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