NOT LISTED FOR SALE

Estimated Value: $638,000 - $745,000

8 Beds
-- Bath
2,620 Sq Ft
$264/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $597,000 $228 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,975/month

17 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of September 2021

100% occupied with long term tenants. All leases are MTM. 3 of the units have been remodeled from 2012-2014 to include new kitchen cabinets, tile floors, countertop, sink faucets, microwave, range, refrigerator, disposal, tub & tile surround, vanity, & int doors. Block construction, individually metered for electric, tile floors throughout, & individual A/C units(1 A/C July 21, 1 is about 10 years old, the other 2 are working very well but we are unsure of the exact age). New ext paint in 2021. New landscaping in 2019 to include 6 Palo Verde trees, granite retention berm, pavers on the patios and walkways, new front privacy wall, watering system, and wiring for patio lights. Current rents are $800, $800, $675, & $625. All 2 bed/1 bath units with private yards and washer/dryer hookups

Last Listed By

Brian Gaffney

Better Homes & Gardens Real Estate SJ Fowler License #BR536606000 Listed on: 07/20/2021

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,231

Year Built

  • Built in 1954

Lot Details

  • 0.31

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Over 1 Space Per Unit

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 22
  • Assessor Parcel Number 159-34-166-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Hillier Hts Subdivision

Building Details

  • Operating Expense $7,831
  • Gross Income $48,000
  • Net Operating Income $40,169

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,231

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: 12th St & Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1954
  • Tax Year: 2020
  • Directions: East to property on the north side of the road
  • Road Surface Type: Asphalt
  • Subdivision Name: HILLIER HTS
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0

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: No Pool

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 159-34-166-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 48000.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 40169.0
  • Annual Operating Expense: 7831.0

Tax Info

  • Tax Annual Amount: 1231.0
  • Tax Book Number: 159.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 27, 2021
Sold by
Trison Investment Group Llc
Bought by
Ehl Properties Llc
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Brandon Edwards
West USA Realty
List Price
$597,000
Sold Price
$597,000
Total Days on Market
17
Current Estimated Value
$690,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,709
Avg. Annual Appreciation
4.01%

Purchase Details

Closed on
Sep 29, 2016
Sold by
Noelke Frederick
Bought by
Trison Investment Group Llc

Purchase Details

Closed on
Dec 3, 2010
Sold by
Trison Investment Group Llc
Bought by
Noelke Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,422
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2007
Sold by
Noelke Frederick J and Noelke Hali A
Bought by
Co Trison Investment Group Llc

Purchase Details

Closed on
Dec 22, 2006
Sold by
Harris Aviva R
Bought by
Noelke Frederick J and Noelke Hali A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2004
Sold by
Sandberg Michael J
Bought by
Harris Aviva R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,200
Interest Rate
4.57%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 21, 2002
Sold by
Miller Paul F
Bought by
Sandberg Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.09%
Mortgage Type
New Conventional

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
Ehl Properties Llc $597,000 First Arizona Title Agcy Llc
Trison Investment Group Llc -- First Arizona Title
Trison Investment Group Llc -- None Available
Noelke Frederick -- First American Title
Co Trison Investment Group Llc -- Title Services Of The Valley
Noelke Frederick J $350,000 Title Service Of The Valley
Harris Aviva R $261,500 Capital Title Agency Inc
Sandberg Michael J $135,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ehl Properties Llc $477,600
Previous Owner Noelke Frederick $248,422
Previous Owner Noelke Frederick J $262,500
Previous Owner Harris Aviva R $272,000
Previous Owner Harris Aviva R $209,200
Previous Owner Sandberg Michael J $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $597,000 0.0% $228 / Sq Ft
09/08/2021 09/08/21 For Sale $597,000 0.0% $228 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $597,000 0.0% $228 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $597,000 -- $228 / 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 $1,313 $10,733 -- --
2024 $1,289 $10,221 -- --
2023 $1,289 $43,270 $8,650 $34,620
2022 $1,247 $30,630 $6,120 $24,510
2021 $1,263 $25,650 $5,130 $20,520
2020 $1,231 $21,930 $4,380 $17,550
2019 $1,209 $18,630 $3,720 $14,910
2018 $1,177 $15,460 $3,090 $12,370
2017 $1,171 $12,650 $2,530 $10,120
2016 $1,150 $12,000 $2,400 $9,600
2015 $1,065 $10,320 $2,060 $8,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6267059

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-34-166A