NOT LISTED FOR SALE

1307 N 13th St Phoenix, AZ 85006

Coronado Neighborhood

Estimated Value: $392,000 - $527,204

1 Bed
2 Baths
1,350 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 05, 2014

Last sale price $145,000 $107 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $2,476/month

42 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of May 2014

These homes are fully renovated from a/c units, flooring, roofs, kitchen, paint and new appliances. The are fully occupied by strong tenants. The tenants pay all the utilities.
There are two detached houses on this parcel -$79500 each! What a steal! Tenant occupied property rented at $765 per month the other is rented at $ 663 per month. Tenants pay all utilities. Both units have been recently remodeled and include appliances. This unit also has a oneOne car garage! One unit is a 3 bedroom, 2 bath and the other is a 2 bedroom, 1 bath.
The adjacent property (1306-1/2 E.culver st) is also available.One of owners is reale estate agent in arizona

Last Agent to Sell the Property

Vasel Dedvukaj

Attorneys Realty License #SA527449000 Listed on: 01/28/2014

Last Buyer's Agent

Christopher Hunt

Arizona Premier Realty Homes & Land, LLC License #SA648253000

Arizona Premier Realty Homes & Land, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $829

Year Built

  • Built in 1949

Lot Details

  • 9,845

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

  • Garfield Elementary School
  • Edison Elementary Middle School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, cable TV
  • Legal Lot and Block 24 / 1300 n
  • Assessor Parcel Number 116-22-144

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are IRR
  • Burroughs Subdivision

Building Details

  • Operating Expense $2,129
  • Gross Income $23,940
  • Net Operating Income $21,810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$829

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Cross Street: 16th St & McDowell Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1949
  • Tax Year: 2013
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: BURROUGHS
  • Garage Yn: Yes
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Garage Details: Yes
  • Parking:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Heat Pump, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Elementary School: Garfield School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Edison Elementary School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 116-22-144

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 23940.0
  • Insurance Expense: 700.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 21810.0
  • Annual Operating Expense: 2129.0

Tax Info

  • Tax Annual Amount: 829.0
  • Tax Block: 1300 n
  • Tax Book Number: 116.00
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2014
Closed on
Apr 8, 2014
Sold by
13Th Street Trio Llc
Bought by
Orloff Vera
Seller's Agent
Vasel Dedvukaj
Attorneys Realty
Buyer's Agent
Christopher Hunt
Arizona Premier Realty Homes & Land, LLC
List Price
$159,000
Sold Price
$145,000
Premium/Discount to List
-$14,000
-8.81%
Current Estimated Value
$449,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,301
Avg. Annual Appreciation
10.26%
Original Mortgage
$108,750
Outstanding Balance
$82,701
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$366,600

Purchase Details

Closed on
Aug 31, 2012
Sold by
Terrys Real Estate Investments Llc
Bought by
Rama Kadife

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2012
Sold by
Ira Services Trust Company
Bought by
Terrys Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orloff Vera $145,000 First Arizona Title Agency
Rama Kadife $115,000 Pioneer Title Agency Inc
Terrys Real Estate Investments Llc $105,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orloff Vera $108,750
Previous Owner Rama Kadife $82,500
Previous Owner Terrys Real Estate Investments Llc $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2014 05/05/14 Sold $145,000 -8.8% $107 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $159,000 -- $118 / 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 $1,328 $9,351 -- --
2024 $1,238 $8,905 -- --
2023 $1,238 $39,900 $7,980 $31,920
2022 $1,194 $32,360 $6,470 $25,890
2021 $1,185 $28,500 $5,700 $22,800
2020 $1,199 $27,670 $5,530 $22,140
2019 $1,197 $20,350 $4,070 $16,280
2018 $1,177 $18,780 $3,750 $15,030
2017 $1,149 $15,050 $3,010 $12,040
2016 $1,116 $12,780 $2,550 $10,230
2015 $1,033 $10,520 $2,100 $8,420
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    Vasel Dedvukaj

    Attorneys Realty

  • Christopher Hunt

    Buyer's Agent in 2014

    Christopher Hunt

    Arizona Premier Realty Homes & Land, LLC

    (623) 850-6229

    46 Total Sales

    Christopher Hunt
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5061353

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-22-144

Arizona Maricopa County Phoenix 85006 Coronado

1307 N 13th St, Phoenix, AZ

Not Listed for Sale

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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