NOT LISTED FOR SALE

Estimated Value: $588,000 - $1,138,949

4 Beds
4 Baths
2,760 Sq Ft
$306/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2022

Last sale price $1,147,140 $416 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $4,784 / mo

45 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • Heat Pump System
  • Madison Heights Elementary School Rated A-

About This Home

As of July 2022

If you want a north Phoenix location and a totally remodeled 4 plex you have found it! This all 2 bedroom 4 plex should be completed mid-spring and the rental comps are over the top with the really nice area. All 2 bedrooms with stackable washer and dryer and covered parking. Many improvements including quartz counter tops. New Roof and New mechanicals. Seller will accept a full price offer and due diligence will begin after construction is completed. Take advantage NOW! New Air Conditioners New Roof New Dual Pane Windows New Wood Grain Tile Flooring New Hot Water Heaters New Landscaping New Asphalt Parking covering New Cabinets New Quartz Counter Tops New fixtures New Exterior Doors New Interior Doors New Tile Surrounds in the Bathrooms New Stainless Steel Appliances Buyer to verify

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 02/13/2022

Last Buyer's Agent

Linda CCIM

Stephen Magee Int'l Properties

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1973

Lot Details

  • 0.26

Home Design

  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • Free Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 15
  • Assessor Parcel Number 160-22-119

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr

Building Details

  • Operating Expense $12,818
  • Gross Income $83,808
  • Net Operating Income $70,970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,686

Year Built

Built in 1973

Lot Details

0.26 Acres

Listing Details

  • Cross Street: 14 Street and Northern
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2021
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 6705.0
  • Cooling:Ceiling Fan(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Other (See Remarks), Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
  • Construction Type: Painted, Stucco, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Free, Assigned, >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Heat Pump, Individual
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 2200.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 160-22-119

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 83808.0
  • Insurance Expense: 1227.0
  • Maintenance Expense: 400.0
  • Property Net Operating Income: 70970.0
  • Annual Operating Expense: 12818.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1686.0
  • Tax Book Number: 160.00
  • Tax Lot: 15

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2024
Sold by
Bought by
Current Estimated Value
$843,987

Purchase Details

Listed on
Feb 13, 2022
Closed on
Jun 8, 2022
Sold by
Bought by
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$1,250,000
Sold Price
$1,147,140
Premium/Discount to List
-$102,860
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.21%
Original Mortgage
$975,069
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2021
Closed on
Nov 10, 2021
Sold by
Bought by
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$660,000
Sold Price
$660,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.45%
Original Mortgage
$656,000
Interest Rate
3.01%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 15, 2021
Sold by
Bought by

Purchase Details

Listed on
Jan 3, 2017
Closed on
Jan 12, 2017
Sold by
Bought by
Seller's Agent
Pete Dziawura
West USA Realty
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Original Mortgage
$170,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2011
Closed on
May 18, 2012
Sold by
Bought by
Seller's Agent
Amy Penner
Realty Executives
Buyer's Agent
Pete Dziawura
West USA Realty
List Price
$140,000
Sold Price
$131,400
Premium/Discount to List
-$8,600
-6.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.58%

Purchase Details

Listed on
Nov 3, 2011
Closed on
Apr 11, 2012
Sold by
Bought by
Seller's Agent
Amy Penner
Realty Executives
Buyer's Agent
Pete Dziawura
West USA Realty
List Price
$140,000
Sold Price
$131,400
Premium/Discount to List
-$8,600
-6.14%

Purchase Details

Closed on
Jun 27, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
6.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.7%

Purchase Details

Closed on
Aug 16, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.7%

Purchase Details

Closed on
Aug 3, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.7%

Purchase Details

Closed on
Feb 23, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,147,140 Empire Title Company Ltd
$660,000 Empire West Title
-- None Available
$285,000 Empire West Title Agency
-- None Available
$131,400 Empire West Title Agency
$151,000 First American Title Ins Co
-- --
-- --
-- --
-- Ati Title Agency
-- Ati Title Agency
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $975,069
Previous Owner $975,069
Previous Owner $656,000
Previous Owner $297,500
Previous Owner $170,000
Previous Owner $100,000
Previous Owner $151,000
Previous Owner $25,000
Previous Owner $31,000
Previous Owner $135,900
Previous Owner $45,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2022 07/20/22 Sold $1,147,140 -8.2% $416 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
02/20/2022 02/20/22 For Sale $1,250,000 0.0% $453 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/13/2022 02/13/22 For Sale $1,250,000 +89.4% $453 / Sq Ft
11/12/2021 11/12/21 Sold $660,000 0.0% $239 / Sq Ft View Prior Sale
10/24/2021 10/24/21 Pending -- -- --
10/24/2021 10/24/21 For Sale $660,000 +131.6% $239 / Sq Ft
01/27/2017 01/27/17 Sold $285,000 +3.6% $103 / Sq Ft View Prior Sale
01/06/2017 01/06/17 Pending -- -- --
01/02/2017 01/02/17 For Sale $275,000 +109.3% $100 / Sq Ft
04/19/2012 04/19/12 Sold $131,400 -6.1% $48 / Sq Ft View Prior Sale
11/17/2011 11/17/11 Pending -- -- --
11/03/2011 11/03/11 For Sale $140,000 -- $51 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,857 $14,256
2024 $1,723 $13,577
2023 $1,723 $56,760 $11,350 $45,410
2022 $1,672 $38,370 $7,670 $30,700
2021 $1,686 $35,470 $7,090 $28,380
2020 $1,660 $28,210 $5,640 $22,570
2019 $1,623 $24,620 $4,920 $19,700
2018 $1,584 $21,250 $4,250 $17,000
2017 $1,509 $17,510 $3,500 $14,010
2016 $1,457 $14,960 $2,990 $11,970
2015 $1,353 $13,010 $2,600 $10,410
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6355113

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-22-119

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