NOT LISTED FOR SALE

Estimated Value: $640,000 - $849,000

-- Bed
-- Bath
3,120 Sq Ft
$239/Sq Ft Est. Value

Last Sold February 01, 2013

Last sale price $145,000 $46 Per Sq Ft

Est. 413% increase in value since last sale

Current estimated payment $4,052/month

16 Days on Market

Highlights

  • Central Heating and Cooling System
  • Franklin at Brimhall Elementary School Rated A
  • Concrete Flooring

About This Home

As of February 2013

Great opportunity, Single level 4-Plex, close to schools, shopping and entertainment. Home sold in AS-IS Condition. This is the one you have been looking for great rental investment does need some TLC. For special financing and incentives, Please call listing agent for further information.

Last Agent to Sell the Property

Kay Adams

Desert 2 Mountain Realty License #BR018130000 Listed on: 11/27/2012

Last Buyer's Agent

Kay Adams

Century 21 R.A.N

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 1972

Lot Details

  • 9,670

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 137-24-089-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8233

Building Details

  • Operating Expense $836

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$836

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: ALMA SCHOOL & UNIVERSITY
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MULT
  • Number Of Buildings: 1
  • Year Built: 1972
  • Tax Year: 2012
  • Directions: East To Center, North to 7TH Street, Property on Southwest Corner of 7th and Center.
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central A/C, Individual, Electric
  • Heating: Individual, Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: None

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 8233
  • Additional Parcels: No
  • Parcel #: 137-24-089-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: None
  • Number Of Units Total: 4
  • Annual Operating Expense: 835.96

Tax Info

  • Tax Annual Amount: 835.96
  • Tax Book Number: 137.00
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2018
Sold by
Johnson Seth and Johnson Seth
Bought by
Kispert Realty Holdings Llc
Current Estimated Value
$744,500

Purchase Details

Listed on
Nov 27, 2012
Closed on
Feb 5, 2013
Sold by
Citibank Na
Bought by
Johnson Seth
Seller's Agent
Kay Adams
Desert 2 Mountain Realty
Buyer's Agent
Kay Adams
Desert 2 Mountain Realty
List Price
$129,470
Sold Price
$145,000
Premium/Discount to List
$15,530
12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%

Purchase Details

Closed on
Sep 14, 2012
Sold by
Fumbarg Daniel H
Bought by
Citibank Na

Purchase Details

Closed on
Apr 20, 2006
Sold by
Nimis Amelia Sandra
Bought by
Fumbarg Daniel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 13, 2006
Sold by
Lk Desert Properties Llc
Bought by
Fumbarg Daniel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 6, 2005
Sold by
Teixeira Kent and Teixeira Carla
Bought by
Lk Desert Properties Llc

Purchase Details

Closed on
Dec 27, 2004
Sold by
Riggs Craig W and Riggs Vicki
Bought by
Teixeira Kent and Teixeira Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2002
Sold by
Edak Associates
Bought by
Riggs Craig W and Riggs Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.62%
Mortgage Type
New Conventional
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
Kispert Realty Holdings Llc -- None Available
Johnson Seth $145,000 Chicago Title
Citibank Na $312,465 None Available
Fumbarg Daniel H -- Ticor Title Agency Of Az Inc
Fumbarg Daniel H $360,000 Ticor Title Agency Of Az Inc
Lk Desert Properties Llc -- --
Teixeira Kent $280,000 Transnation Title
Riggs Craig W $195,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fumbarg Daniel H $252,000
Previous Owner Teixeira Kent $210,000
Previous Owner Riggs Craig W $156,000
Closed Riggs Craig W $29,250
Closed Teixeira Kent $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2013 02/01/13 Sold $145,000 +12.0% $46 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
11/26/2012 11/26/12 For Sale $129,470 -- $41 / 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 $1,442 $14,692 -- --
2024 $1,454 $13,992 -- --
2023 $1,454 $48,080 $9,610 $38,470
2022 $1,424 $36,310 $7,260 $29,050
2021 $1,441 $29,670 $5,930 $23,740
2020 $1,423 $26,310 $5,260 $21,050
2019 $1,329 $22,420 $4,480 $17,940
2018 $1,276 $20,100 $4,020 $16,080
2017 $1,238 $16,950 $3,390 $13,560
2016 $1,215 $16,130 $3,220 $12,910
2015 $1,142 $14,420 $2,880 $11,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4854711

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-24-089A