NOT LISTED FOR SALE

Estimated Value: $319,228 - $923,000

5 Beds
-- Bath
2,184 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $135,000 $62 Per Sq Ft

Est. 372% increase in value since last sale

Current estimated payment $3,627/month

25 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of May 2015

This triplex as 3 new a/c units that were installed last year. Units all have cooper plumbing. Weldon House has leased all three units for the last 5 years. Great tenants. Weldon House does weekly inspections of each unit. New owner could install a laundry room for additional income.

Last Agent to Sell the Property

David Watson

Cepheus Realty License #BR031350000 Listed on: 05/01/2015

Co-Listed By

Terry Watson

Cepheus Realty License #SA032802000

Last Buyer's Agent

Nguyen Huynh

Vina Realty License #SA551996000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1950

Lot Details

  • 7,797

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Schools

  • Clarendon Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 2 / 2
  • Assessor Parcel Number 110-14-022

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7809 SF
  • Clarendon Square Subdivision

Building Details

  • Net Operating Income $9,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$968

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Indian School & 13th Avenue
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MH
  • Number Of Buildings: 1
  • Year Built: 1950
  • Tax Year: 2014
  • Directions: Head South on 15th Ave to Weldon, West on Weldon to property on left.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2400.0
  • Co List Office Mls Id: reax09
  • Co List Office Phone: 480-948-9450
  • Subdivision Name: CLARENDON SQUARE
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm, Other (See Remarks)
  • Construction Type: Brick Veneer, Brick
  • Roof: See Remarks, Composition

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Natural Gas, Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Clarendon School
  • High School: Central High School
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 7809 SF
  • Additional Parcels: No
  • Parcel #: 110-14-022

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Insurance Expense: 600.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 9700.0

Tax Info

  • Tax Annual Amount: 968.0
  • Tax Block: 2
  • Tax Book Number: 110.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
May 21, 2015
Sold by
Buck Tyler P
Bought by
Green Dragon Equities Llc
Seller's Agent
David Watson
Cepheus Realty
Buyer's Agent
Nguyen Huynh
Vina Realty
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$636,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,807
Avg. Annual Appreciation
16.41%

Purchase Details

Closed on
Nov 30, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Buck Tyler P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,551
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2009
Sold by
Kwong Harry
Bought by
Deutsche Bank National Trust Company and Bankers Trust Company Of California Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,551
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2006
Sold by
Nueva Geraldine Ruth G
Bought by
Kwong Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 3, 2006
Sold by
Macvels Properties Llc
Bought by
Kwong Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 23, 2004
Sold by
Schmitt Dwain Richard and Schmitt Jennifer Lewis
Bought by
Mcclure Patiricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,600
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2002
Sold by
Biggs Shirley J
Bought by
Schmitt Dwain Richard and Schmitt Jennifer Lewis

Purchase Details

Closed on
Jan 3, 2002
Sold by
Schmitt Dwain Richard and Schmitt Jennifer Lewis
Bought by
Schmitt Dwain Richard and Schmitt Jennifer Lewis
Source: Public Records

Range of Values:

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Average Value
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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
Green Dragon Equities Llc $135,000 First Arizona Title Agency
Buck Tyler P $80,000 First American Title Ins Co
Deutsche Bank National Trust Company $65,700 First American Title
Kwong Harry -- Capital Title Agency Inc
Macvels Properties Llc -- Capital Title Agency Inc
Kwong Harry $285,000 Capital Title Agency Inc
Mcclure Patiricia A $158,000 Security Title Agency
Schmitt Dwain Richard -- --
Schmitt Dwain Richard -- --
Biggs Shirley J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buck Tyler P $78,551
Previous Owner Kwong Harry $57,000
Previous Owner Macvels Properties Llc $199,500
Previous Owner Kwong Harry $57,000
Previous Owner Mcclure Patiricia A $110,600
Closed Mcclure Patiricia A $47,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $135,000 0.0% $62 / Sq Ft
05/03/2015 05/03/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $135,000 -- $62 / 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 $1,322 $10,531 -- --
2024 $1,277 $10,030 -- --
2023 $1,277 $43,060 $8,610 $34,450
2022 $1,270 $29,700 $5,940 $23,760
2021 $1,291 $26,150 $5,230 $20,920
2020 $1,259 $21,810 $4,360 $17,450
2019 $1,204 $18,650 $3,730 $14,920
2018 $1,164 $15,980 $3,190 $12,790
2017 $1,069 $13,220 $2,640 $10,580
2016 $1,031 $11,430 $2,280 $9,150
2015 $958 $10,080 $2,010 $8,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5273113

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-14-022