NOT LISTED FOR SALE

Estimated Value: $434,096 - $594,000

2 Beds
-- Bath
1,335 Sq Ft
$364/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $201,000 $151 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,625/month

11 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of June 2015

Rare 1926 bungalow multi-unit property in the Greater Coronado neighborhood! This turn-key duplex offers historic charm and an 8.1% cap rate! It is fully leased, with rent upside, and is a low-maintenance investment. Unit 1309 features refinished hardwood flooring & a wood-burning fireplace in the living room. Additional features include a formal dining room, office/den & a bed/bath. Unit 1307 features ceramic tile paired with carpet. It offers a spacious eat-in kitchen with granite counters & retro cabinetry, living room, office/den & bedroom/bathroom. Both units have assigned parking spots & private fenced rear yards. Historic built-ins & front porches show off the unique vintage appeal! New Roof, New Sewer Line & New Central AC for both units. Each unit has private laundry (W/D convey) Greater Coronado neighborhood/ Brentwood Historic District just down the street on Brill. Lots of charming homes! 1307/1309 E. Brill Street Phoenix, AZ 85006 - Do Not Disturb Tenants, Drive By Only

Last Agent to Sell the Property

Christie Kinchen

Twins & Co. Realty, LLC License #BR518042000 Listed on: 05/06/2015

Co-Listed By

Jennifer Hibbard

Twins & Co. Realty, LLC License #BR531556000

Last Buyer's Agent

James Taylor

Long Realty West Valley License #SA646736000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $716

Year Built

  • Built in 1926

Lot Details

  • 7,492

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Wood Flooring

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Common or Shared Parking

Schools

  • Whittier Elementary School - Phoenix
  • Phoenix Prep Academy Middle School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for water, sewer
  • The owner pays for landscaping
  • Tax Lot 3
  • Assessor Parcel Number 116-22-050

Community Details

Overview

  • 2 Units
  • Building Dimensions are 150 x 50
  • Burroughs Subdivision

Building Details

  • Operating Expense $1,849
  • Gross Income $19,200
  • Net Operating Income $17,348

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$716

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Cross Street: 16th St & McDowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1926
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: tacr01
  • Co List Office Phone: 602-908-8946
  • Subdivision Name: Burroughs
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Whittier Elementary School - Phoenix
  • High School: North High School
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 150 x 50
  • Additional Parcels: No
  • Parcel #: 116-22-050

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 19200.0
  • Insurance Expense: 633.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 17348.0
  • Annual Operating Expense: 1849.0

Tax Info

  • Tax Annual Amount: 716.0
  • Tax Book Number: 116.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2015
Closed on
Jun 19, 2015
Sold by
Simpson Kent and Loyd Adam
Bought by
Tasinga Penn N
Seller's Agent
Christie Kinchen
Twins & Co. Realty, LLC
Buyer's Agent
James Taylor
Long Realty West Valley
List Price
$214,000
Sold Price
$201,000
Premium/Discount to List
-$13,000
-6.07%
Current Estimated Value
$486,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,024
Avg. Annual Appreciation
8.76%
Original Mortgage
$140,700
Outstanding Balance
$109,209
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$376,815

Purchase Details

Listed on
Feb 1, 2013
Closed on
Mar 11, 2013
Sold by
Federal National Mortgage Association
Bought by
Simpson Kent and Loyd Adam
Seller's Agent
Steve Valentine
Real Broker
Buyer's Agent
Jennifer Hibbard
Twins & Co. Realty, LLC
List Price
$88,000
Sold Price
$90,000
Premium/Discount to List
$2,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.82%
Original Mortgage
$67,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2012
Sold by
Batterby Torres Sara
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 6, 2007
Sold by
Herrick Charles Henry
Bought by
Batterby Torres Sara

Purchase Details

Closed on
Jun 22, 2005
Sold by
Batterby Torres Sara
Bought by
Batterby Torres Sara and Herrick Charles Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2005
Sold by
Hollister Richard C
Bought by
Batterby Torres Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2003
Sold by
Hollister Deborah Ann
Bought by
Hollister Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,599
Interest Rate
5.72%

Purchase Details

Closed on
Apr 1, 2003
Sold by
Poulin Clyde J
Bought by
Hollister Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,599
Interest Rate
5.72%
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
Tasinga Penn N $201,000 Magnus Title Agency
Simpson Kent $95,000 First American Title Ins Co
Federal National Mortgage Association $124,636 First American Title
Batterby Torres Sara -- None Available
Batterby Torres Sara -- Guaranty Title Agency
Batterby Torres Sara $159,900 Guaranty Title Agency
Hollister Richard C -- First American Title Ins Co
Hollister Richard C -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tasinga Penn N $140,700
Previous Owner Simpson Kent $67,500
Previous Owner Batterby Torres Sara $127,600
Previous Owner Hollister Richard C $62,599
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2015 06/26/15 Sold $201,000 -6.1% $151 / Sq Ft
05/17/2015 05/17/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $214,000 +137.8% $160 / Sq Ft
05/09/2013 05/09/13 Sold $90,000 +2.3% $67 / Sq Ft View Prior Sale
03/08/2013 03/08/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $88,000 -- $66 / 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 $951 $6,698 -- --
2024 $887 $6,379 -- --
2023 $887 $28,480 $5,690 $22,790
2022 $856 $20,110 $4,020 $16,090
2021 $849 $17,650 $3,530 $14,120
2020 $859 $15,920 $3,180 $12,740
2019 $857 $11,260 $2,250 $9,010
2018 $843 $8,220 $1,640 $6,580
2017 $823 $7,930 $1,580 $6,350
2016 $800 $6,300 $1,260 $5,040
2015 $740 $5,970 $1,190 $4,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5276000

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-22-050