$375,000
SOLD JUN 8, 2018
-- Bed
-- Bath
1,242 Sq Ft
1984 Built

Recently Sold

$302 Per Sq Ft

27 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Sunnyslope High School Rated A

About This Home

As of March 2022

**BACK ON THE MARKET - BUYER FINANCING FELL THROUGH** Fantastic ROI and CAP rate investment property! Newly renovated including blinds, ceiling fans, paint, water heaters, light fixtures, new fridge and oven/cooktop AND with 4 brand new leases (January 2019 is earliest expiration) so cash flow is set for almost a year! All units are 2 bd/1 ba and are individually metered, and the structure has synthetic stucco for easy maintenance. Close access to light rail and redevelopment make this a SOLID investment! These don't come along very often, so don't miss out on a great ROI! Access with accepted contract.

Last Agent to Sell the Property

Ron Johnson

Realty ONE Group License #SA046969000 Listed on: 04/17/2018

Last Buyer's Agent

Jason J. Geroux

4:10 Real Estate, LLC License #BR586634000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $761

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking

Schools

  • Mountain View Elementary School
  • Mountain View Middle School
  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV, landscaping
  • The owner pays for trash collection, water, sewer
  • Tax Lot 52
  • Assessor Parcel Number 158-33-046-A

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are NA
  • Foothill Acres Lots 33 48, 58 59 Subdivision

Building Details

  • Operating Expense $7,785
  • Gross Income $42,540
  • Net Operating Income $34,755

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$761

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Central and Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MF
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2017
  • Directions: From Central and Dunlap, W on Dunlap to 7th Ave, N to Hatcher, W on Hatcher to 11th Ave, N to Vogel, W to property
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Subdivision Name: FOOTHILL ACRES LOTS 33-48, 58-59
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Paved Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 4200.0

Schools

  • Elementary School: Mountain View Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Mountain View

Lot Info

  • Lot Size: NA
  • Additional Parcels: No
  • Parcel #: 158-33-046-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 1800.0
  • Annual Gross Income: 42540.0
  • Insurance Expense: 1024.0
  • Property Net Operating Income: 34755.0
  • Annual Operating Expense: 7785.0

Tax Info

  • Tax Annual Amount: 761.0
  • Tax Book Number: 158.00
  • Tax Lot: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
May 5, 2022
Sold by
Anand Vishal
Bought by
1321 W Vogel Llc
Seller's Agent
Jonathon Ray
4:10 Real Estate, LLC
Buyer's Agent
Michael Gordon
Grace CRE
List Price
$600,000
Sold Price
$617,500
Premium/Discount to List
$17,500
2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$463,125
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 14, 2022
Sold by
Kylo Properties Llc
Bought by
Anand Vishal
Seller's Agent
Jonathon Ray
4:10 Real Estate, LLC
Buyer's Agent
Michael Gordon
Grace CRE
List Price
$600,000
Sold Price
$617,500
Premium/Discount to List
$17,500
2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,125
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2018
Closed on
May 18, 2018
Sold by
Cl Kl Ll Holdingss Llc
Bought by
Kylo Properties Llc
Seller's Agent
Ron Johnson
Realty ONE Group
Buyer's Agent
Jason J. Geroux
4:10 Real Estate, LLC
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%
Original Mortgage
$285,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 1, 2017
Closed on
Dec 20, 2017
Sold by
Third Coast Land Co Llc
Bought by
Cl Kl Ll Holdings Llc
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Ron Johnson
Realty ONE Group
List Price
$335,000
Sold Price
$237,500
Premium/Discount to List
-$97,500
-29.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
169.92%
Original Mortgage
$237,500
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 12, 2017
Sold by
Jbm Holdings Llc
Bought by
Third Coast Land Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 14, 2017
Sold by
Simon Maria Ligia
Bought by
Jbm Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 24, 1999
Sold by
Harrelson F K Joe
Bought by
Nelson Chad N
Source: Public Records

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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
Quit Claim Deed -- --
Warranty Deed $617,500 Old Republic Title
Warranty Deed $375,000 Landmark Title Insurance Age
Warranty Deed $237,500 Empire West Title Agency Llc
Warranty Deed -- Pioneer Title Agency Inc
Warranty Deed $165,000 Pioneer Title Agency Inc
Cash Sale Deed $85,000 Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $463,125 New Conventional
Previous Owner $285,000 Construction
Previous Owner $237,500 Construction
Previous Owner $194,000 Unknown
Previous Owner $171,137 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $659,900 -4.3% --
06/07/2025 06/07/25 Price Changed $689,900 -0.7% --
06/03/2025 06/03/25 Price Changed $695,000 -0.7% --
05/02/2025 05/02/25 Price Changed $699,900 -6.7% --
04/05/2025 04/05/25 For Sale $749,900 +21.4% --
03/28/2022 03/28/22 Sold $617,500 +2.9% $497 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $600,000 +60.0% $483 / Sq Ft
06/08/2018 06/08/18 Sold $375,000 0.0% $302 / Sq Ft
05/15/2018 05/15/18 Off Market $375,000 -- --
05/14/2018 05/14/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $375,000 0.0% $302 / Sq Ft
04/20/2018 04/20/18 Off Market $375,000 -- --
04/17/2018 04/17/18 For Sale $375,000 +57.9% $302 / Sq Ft
12/22/2017 12/22/17 Sold $237,500 -29.1% $191 / Sq Ft
12/10/2017 12/10/17 Pending -- -- --
12/01/2017 12/01/17 For Sale $335,000 -- $270 / 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 $853 $6,974 -- --
2024 $838 $6,642 -- --
2023 $838 $35,830 $7,160 $28,670
2022 $810 $25,200 $5,040 $20,160
2021 $821 $20,880 $4,170 $16,710
2020 $800 $18,770 $3,750 $15,020
2019 $785 $15,770 $3,150 $12,620
2018 $765 $12,200 $2,440 $9,760
2017 $761 $11,480 $2,290 $9,190
2016 $828 $10,560 $2,110 $8,450
2015 $611 $8,850 $1,770 $7,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5753028

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-33-046A