$167,500
SOLD APR 2, 2014
-- Bed
-- Bath
1,649 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$102 Per Sq Ft

75 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of April 2014

Great little duplex! Always rented, well maintained, just South of the trendy Melrose District. Let your investor clients know about this one!

Last Agent to Sell the Property

Mark DeMichele

ICG-Phoenix, LLC License #BR513456000 Listed on: 01/04/2014

Last Buyer's Agent

Leila Woodard

My Home Group Real Estate License #BR633483000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $743

Year Built

  • Built in 1946

Lot Details

  • Property fronts an alley

Home Design

  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

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

Schools

  • O'connor Elementary School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 15
  • Assessor Parcel Number 110-28-022

Community Details

Overview

  • 2 Units
  • Building Dimensions are 22 x 112

Building Details

  • Gross Income $15,600
  • Net Operating Income $13,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$743

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: 7th Ave & Osborn
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: C
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2013
  • Directions: West to property
  • Road Frontage Type: Alley
  • Road Surface Type: Sidewalk(s)
  • Professional Management Expense: 500.0
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 1 Space/Unit, 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
  • Parking:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 600.0

Schools

  • Elementary School: O'Connor Elementary School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 22 x 112
  • Additional Parcels: No
  • Parcel #: 110-28-022

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Insurance Expense: 400.0
  • Property Net Operating Income: 13500.0

Tax Info

  • Tax Annual Amount: 743.0
  • Tax Book Number: 110.00
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2020
Sold by
Equity Trust Company
Bought by
Jeroh Odafe and Jeroh Tenneh
Current Estimated Value
$582,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,040
Outstanding Balance
$289,420
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$292,670

Purchase Details

Closed on
Oct 26, 2015
Sold by
Petunia Llc
Bought by
Fat Cat Ii Llc

Purchase Details

Listed on
Jan 4, 2014
Closed on
Mar 26, 2014
Sold by
M & M Osborn 2 Llc
Bought by
Petunia Llc
Seller's Agent
Mark DeMichele
ICG-Phoenix, LLC
Buyer's Agent
Leila Woodard
My Home Group Real Estate
List Price
$167,500
Sold Price
$167,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%

Purchase Details

Closed on
May 21, 2012
Sold by
Mitchell John Charles and The Mitchell Trust
Bought by
M & M Osborn 2 Llc

Purchase Details

Closed on
May 1, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Mitchell Sara M and Mitchell John Charles

Purchase Details

Closed on
Oct 9, 2008
Sold by
Delgado Oscar
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 28, 2005
Sold by
Black Kennith E and Acosta Linda C
Bought by
Delgado Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
8.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2004
Sold by
Goodwin John M
Bought by
Goodwin Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2004
Sold by
Goodwin Investments Inc
Bought by
Black Kennith E and Acosta Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2002
Sold by
Goodwin Maureen Ann
Bought by
Goodwin John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
5.95%

Purchase Details

Closed on
Dec 28, 1998
Sold by
Haddock Clara P and Haddock Family Living Trust
Bought by
Goodwin Maureen Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.73%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $329,000 Empire West Title Agency Llc
Warranty Deed $167,500 Fidelity Natl Title Agency
Warranty Deed -- Security Title Agency
Warranty Deed $167,500 Security Title Agency
Warranty Deed -- Security Title Agency
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $109,900 North American Title Company
Warranty Deed $180,000 Accommodation
Warranty Deed $220,000 Stewart Title & Trust Of Pho
Warranty Deed -- Stewart Title & Trust
Warranty Deed $145,000 Stewart Title Agency
Warranty Deed -- Security Title Agency
Warranty Deed $92,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $323,040 New Conventional
Previous Owner $198,000 New Conventional
Previous Owner $116,000 New Conventional
Previous Owner $78,000 No Value Available
Previous Owner $80,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Rented $1,275 0.0% --
05/06/2024 05/06/24 Under Contract -- -- --
03/29/2024 03/29/24 For Rent $1,275 0.0% --
04/02/2014 04/02/14 Sold $167,500 0.0% $102 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
01/04/2014 01/04/14 For Sale $167,500 -- $102 / 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 $1,326 $10,565 -- --
2024 $1,281 $10,062 -- --
2023 $1,281 $31,060 $6,210 $24,850
2022 $1,196 $25,020 $5,000 $20,020
2021 $1,223 $22,050 $4,410 $17,640
2020 $1,191 $19,900 $3,980 $15,920
2019 $1,137 $19,060 $3,810 $15,250
2018 $1,098 $18,060 $3,610 $14,450
2017 $1,004 $14,510 $2,900 $11,610
2016 $968 $11,660 $2,330 $9,330
2015 $900 $9,050 $1,810 $7,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5049099

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-28-022