NOT LISTED FOR SALE
Studio
12 Baths
768 Sq Ft
0.36 Acre Lot

Sale Details

Date Sold: November 9, 2018

Last sale price $1,030,000 $1,341 Per Sq Ft

2 Days on Market

Highlights

  • Cooling Available
  • Community Barbecue Grill
  • Ceiling Fan
  • Shadow Mountain High School Rated 9+
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of November 2018

There has been over $100k put into this property in the last year. New dual-pane windows, paint in/out, stucco pop outs, parking lot paving/striping, fences, fresh landscape, kitchen updates, bath vanities, toilets, flooring, baseboards, wall texture, outlet covers, interior drs, appliances, faucets, blinds, washer/dryers in laundry room.

Last Agent to Sell the Property

Brigitte Rapatz

Compass License #SA040480000 Listed on: 09/10/2018

Compass

Last Buyer's Agent

Robert Dermer

Century 21-Towne & Country License #BR509977000

Century 21-Towne & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 1981

Lot Details

  • 0.36

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 21 Open Parking Spaces
  • 21 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Separate Meters
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water
  • Tax Lot 12
  • Assessor Parcel Number 166-11-034-A

Community Details

Overview

  • 8 Buildings
  • 12 Units
  • Building Dimensions are 31746
  • Sun And Sand Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $20,394
  • Gross Income $93,480
  • Net Operating Income $73,086

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,194

Year Built

Built in 1981

Lot Details

0.36 Acres

Listing Details

  • Cross Street: Sweetwater (N of Cactus) & Cave Creek
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 8
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2017
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: Sun and Sand
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 21.0
  • Total Parking Spaces: 21.0
  • General Property Description:Uncvrd Parking Spcs: 21.0
  • General Property Description:Total Parking Spcs: 21.0
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks, Barbecue

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Barbecue: Yes

Fee Information

  • Trash Expense: 1800.0
  • Annual Water Sewer Expense: 4600.0

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 31746
  • Additional Parcels: Yes
  • Parcel #: 166-11-034-A

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 12
  • Electric Expense: 6400.0
  • Annual Gross Income: 93480.0
  • Insurance Expense: 3200.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 73086.0
  • Annual Operating Expense: 20394.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2194.0
  • Tax Book Number: 166.00
  • Tax Lot: 12

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
Jun 13, 1998
Sold by
Bought by

Purchase Details

Closed on
May 22, 1996
Sold by
Bought by
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

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
$220,000 North American Title Agency
$147,000 Transnation Title Ins Co
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
11/09/2018 11/09/18 Sold $1,030,000 -1.9% $1,341 / Sq Ft
11/01/2018 11/01/18 For Sale $1,050,000 0.0% $1,367 / Sq Ft
11/01/2018 11/01/18 Price Changed $1,050,000 0.0% $1,367 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $1,050,000 -- $1,367 / 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 $254 $2,484 $2,484
2024 $242 $2,366 $2,366
2023 $242 $12,720 $12,720 $0
2022 $240 $7,670 $7,670 $0
2021 $240 $7,040 $7,040 $0
2020 $233 $6,220 $6,220 $0
2019 $233 $5,100 $5,100 $0
2018 $226 $4,680 $4,680 $0
2017 $216 $4,110 $4,110 $0
2016 $213 $3,560 $3,560 $0
2015 $197 $3,130 $3,130 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5819988

Arizona Regional Multiple Listing Service (ARMLS)

APN: 166-11-034A

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