NOT LISTED FOR SALE

Estimated Value: $715,000 - $850,516

8 Beds
-- Bath
2,760 Sq Ft
$284/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $825,000 $299 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,348/month

1 Day on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Heating System Uses Natural Gas
  • Madison Heights Elementary School Rated A-
  • Ceramic Tile Flooring

About This Home

As of February 2022

Very well managed and maintained fourplex. All 2/1 units at $875 per month with room to raise those rents around $300 or more per door. All leases are current, long term tenants, and renewed in the last 3-5 months on one year leases. Do not disturb tenants. Also for sale MLS# 6338305 at 1307 E Vista.

Last Agent to Sell the Property

Shane Cook

eXp Realty License #SA585717000 Listed on: 01/06/2022

eXp Realty

Last Buyer's Agent

Allie Myers

eXp Realty License #SA669418000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,760

Year Built

  • Built in 1974

Lot Details

  • 0.31

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • Madison Elementary School
  • North High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 12
  • Assessor Parcel Number 160-22-116

Community Details

Overview

  • 4 Units
  • Building Dimensions are 136 x 75
  • Mission Viejo Section 3 Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $1,760
  • Gross Income $42,000
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,760

Year Built

Built in 1974

Lot Details

0.31 Acres

Listing Details

  • Cross Street: 16TH STREET AND GLENDALE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: MISSION VIEJO SECTION 3
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Concrete
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes
  • Community Features:Pool2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit, Carport
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks, Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Madison Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 136 x 75
  • Additional Parcels: No
  • Parcel #: 160-22-116

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 42000.0
  • Property Net Operating Income: 39000.0
  • Annual Operating Expense: 1760.0

Tax Info

  • Tax Annual Amount: 1760.0
  • Tax Book Number: 160.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Jan 17, 2022
Sold by
1301 Vista Llc
Bought by
1301 Sumida Vista Llc
Seller's Agent
Shane Cook
eXp Realty
Buyer's Agent
Allie Myers
eXp Realty
List Price
$799,900
Sold Price
$825,000
Premium/Discount to List
$25,100
3.14%
Current Estimated Value
$783,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,621
Avg. Annual Appreciation
-1.24%

Purchase Details

Closed on
May 17, 2011
Sold by
Cook Pizza Llc
Bought by
1301 Vista Llc

Purchase Details

Closed on
Jan 5, 2001
Sold by
Cave Beverly and Cave Norman Edward
Bought by
Cave Beverly and The Beverly Cave Revocable Trust
Source: Public Records
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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
1301 Sumida Vista Llc $825,000 Empire Title Agency Of Arizona
1301 Vista Llc $77,500 Great American Title
Cook Pizza Llc $70,125 Great American Title Agency
Cave Beverly -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2022 02/07/22 Sold $825,000 +3.1% $299 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $799,900 -- $290 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,938 $14,876 -- --
2024 $1,798 $14,167 -- --
2023 $1,798 $57,920 $11,050 $46,870
2022 $1,744 $39,230 $7,480 $31,750
2021 $1,760 $36,550 $6,970 $29,580
2020 $1,732 $29,160 $5,560 $23,600
2019 $1,694 $25,280 $4,820 $20,460
2018 $1,653 $21,820 $4,160 $17,660
2017 $1,575 $18,290 $3,490 $14,800
2016 $1,520 $15,770 $3,010 $12,760
2015 $1,412 $13,620 $2,600 $11,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6338284

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-22-116

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