NOT LISTED FOR SALE

Estimated Value: $630,000 - $854,000

-- Bed
-- Bath
3,074 Sq Ft
$234/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $284,900 $93 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $3,909/month

9 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Individual Controls for Heating

About This Home

As of August 2017

Cash Flow, Cash Flow & More Cash Flow.
Unit Mix of 1-3 Bedroom, 2 Bath, 1-1 Bedroom, 1 Bath and 2-2 Bedrooms, 1 Bath. Single Level, Block Construction. Laundry Equipment owned by Seller for More Cash. Easy Access to the 202 Freeway for a Very Short Trip to Scottsdale or Tempe Home to Arizona State University. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 06/23/2017

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Steven Cvetanovich

Better Homes & Gardens Real Estate SJ Fowler License #BR646588000

Last Buyer's Agent

Jason Bingham

Distinguished Properties License #BR528229000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1973

Lot Details

  • 8,451

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 123
  • Assessor Parcel Number 136-23-185

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Pleasant Homes Sub Unit 2 Subdivision

Building Details

  • Operating Expense $7,900
  • Gross Income $29,811
  • Net Operating Income $21,911

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,180

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: McKellips & Center
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1973
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: PLEASANT HOMES SUB UNIT 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, Common
  • 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:Carport: Yes
  • Parking:Free: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 2400.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 136-23-185

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 420.0
  • Annual Gross Income: 29811.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 21911.0
  • Annual Operating Expense: 7900.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1180.0
  • Tax Book Number: 136.00
  • Tax Lot: 123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Lemieux Housing Llc
Bought by
Miller Stephanie
Current Estimated Value
$720,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Outstanding Balance
$382,619
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$337,569

Purchase Details

Closed on
Apr 22, 2020
Sold by
Williams Tyler
Bought by
Lemieux Housing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2017
Closed on
Aug 11, 2017
Sold by
Loera Rafaela
Bought by
Loera Efrain
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$284,900
Sold Price
$284,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%
Original Mortgage
$213,675
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2017
Closed on
Aug 10, 2017
Sold by
Loera Efrain
Bought by
Williams Tyler
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$284,900
Sold Price
$284,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,675
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2017
Closed on
Jul 28, 2017
Sold by
Loera Delia
Bought by
Loera Efrain
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jason Bingham
Distinguished Properties
List Price
$284,900
Sold Price
$284,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,675
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2011
Sold by
Loera Rafaela
Bought by
Loera Efrain

Purchase Details

Closed on
Jun 29, 2006
Sold by
Loera Efrain and Loera Rafaela
Bought by
Loera Efrain and Loera Rafaela

Purchase Details

Closed on
Apr 7, 2005
Sold by
Kirby Kris and Kirby Stephanie
Bought by
Loera Efrain and Loera Rafaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,320
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2003
Sold by
Kirby Kris K
Bought by
Kirby Kris K and Kirby Stephanie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.72%

Purchase Details

Closed on
Mar 19, 1999
Sold by
Great Western Communities Inc
Bought by
Nelson Nicki E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,297
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 1999
Sold by
G W Building Co Inc
Bought by
Great Western Communities Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,297
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 1998
Sold by
Kirby Stephanie
Bought by
Kirby Kris K

Purchase Details

Closed on
Jul 22, 1996
Sold by
Hennessey Mark P and Hennessey Sandra K
Bought by
Carr Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
8.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miller Stephanie $572,000 First Integrity Ttl Agcy Of
Lemieux Housing Llc $545,000 First Integrity Title Co
Loera Efrain -- Clear Title Agency Of Arizon
Williams Tyler $284,900 Clear Title Agency Of Arizon
Loera Efrain -- Clear Title Agency Of Arizon
Loera Efrain -- None Available
Loera Efrain -- None Available
Loera Efrain $267,900 First American Title Ins Co
Kirby Kris K -- First American Title Ins Co
Nelson Nicki E $95,468 Security Title Agency
Great Western Communities Inc $51,800 Security Title Agency
Kirby Kris K -- Security Title Agency
Kirby Kris K $119,900 Security Title Agency
Carr Thomas E $95,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Stephanie $429,000
Previous Owner Lemieux Housing Llc $354,250
Previous Owner Williams Tyler $213,675
Previous Owner Loera Efrain $214,320
Previous Owner Kirby Kris K $135,000
Previous Owner Nelson Nicki E $95,297
Previous Owner Carr Thomas E $74,500
Closed Carr Thomas E $10,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2017 08/11/17 Sold $284,900 0.0% $93 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $284,900 -- $93 / 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 $1,408 $14,273 -- --
2024 $1,412 $13,593 -- --
2023 $1,412 $49,160 $9,830 $39,330
2022 $1,383 $36,480 $7,290 $29,190
2021 $1,400 $29,950 $5,990 $23,960
2020 $1,382 $26,730 $5,340 $21,390
2019 $1,291 $22,770 $4,550 $18,220
2018 $1,239 $20,430 $4,080 $16,350
2017 $1,202 $17,430 $3,480 $13,950
2016 $1,180 $16,520 $3,300 $13,220
2015 $1,109 $14,810 $2,960 $11,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5623539

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-23-185