$780,000
SOLD MAY 19, 2025
-- Bed
-- Bath
2,760 Sq Ft
10,062 Sq Ft Lot

Recently Sold

$283 Per Sq Ft

10% Below List Price

70 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heat Pump System
  • Madison Heights Elementary School Rated A-

About This Home

As of May 2025

Rare to find these 4-plexes available in this coveted neighborhood. 2 units recently sold for over $1.1Million at the corner. New HVAC units on all units, freshly painted clean and well maintained units. Don't let this opportunity pass you up. Plenty of opportunity. DO NOT DISTURB TENANTS -

Last Agent to Sell the Property

Patty Ortega

Cornerstone Real Estate License #BR652879000 Listed on: 02/21/2025

Cornerstone Real Estate

Last Buyer's Agent

Eric Avdee

The Brokery License #SA653426000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,742

Year Built

  • Built in 1973

Lot Details

  • Property fronts an alley

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Carport
  • Free Parking
  • On-Street Parking

Schools

  • Madison Heights Elementary School
  • Central High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 160-22-109

Community Details

Overview

  • 4 Units
  • Building Dimensions are 140x76
  • Mission Viejo Section 2 Subdivision

Building Details

  • Operating Expense $4,775
  • Gross Income $62,400
  • Net Operating Income $60,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,742

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Northern/ 14th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2024
  • Road Frontage Type: Alley
  • Subdivision Name: MISSION VIEJO SECTION 2
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: None, Free, 1 Space/Unit, On Street, Carport
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, See Remarks
  • 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

  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Madison Heights Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 140x76
  • Additional Parcels: No
  • Parcel #: 160-22-109

Multi Family

  • Owner Pays: Other
  • Number Of Units Total: 4
  • Electric Expense: 658.0
  • Annual Gross Income: 62400.0
  • Insurance Expense: 1125.0
  • Maintenance Expense: 1250.0
  • Property Net Operating Income: 60500.0
  • Annual Operating Expense: 4775.0

Tax Info

  • Tax Annual Amount: 1742.0
  • Tax Book Number: 160.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
May 12, 2025
Sold by
Paredes Mike and Ortega Patricia
Bought by
Kim Famliy Trust and Kim
Seller's Agent
Patty Ortega
Cornerstone Real Estate
Buyer's Agent
Eric Avdee
The Brokery
List Price
$869,000
Sold Price
$780,000
Premium/Discount to List
-$89,000
-10.24%
Views
14
Current Estimated Value
$793,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,579
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
May 10, 2024
Sold by
Herb Ronald B
Bought by
Paredes Mike and Ortega Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,900
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2022
Closed on
Apr 12, 2023
Sold by
Alletto Joseph S
Bought by
Aspiring Anew Generation Inc
Seller's Agent
John Oliver
Century 21 Arizona Foothills
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$865,000
Sold Price
$818,000
Premium/Discount to List
-$47,000
-5.43%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.24%
Original Mortgage
$651,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2011
Sold by
Alletto Maria G
Bought by
Alletto Joseph S

Purchase Details

Closed on
Sep 22, 2011
Sold by
Alletto Maria G
Bought by
Alletto Joseph S

Purchase Details

Closed on
Jul 29, 2010
Sold by
Carbine Alden and Carbine Andrea
Bought by
Aac Properties Llc

Purchase Details

Closed on
Apr 7, 2010
Sold by
Hom Matson and Young Stephanie J
Bought by
Carbine Alden and Carbine Andrea

Purchase Details

Closed on
Aug 3, 2006
Sold by
Hom Matson and Young Stephanie J
Bought by
Hy Investments Llc

Purchase Details

Closed on
Mar 1, 2006
Sold by
Gagliardi Dominic and Gagliardi Maile
Bought by
Hom Matson and Young Stephanie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2004
Sold by
The Vistantel Family Lp
Bought by
Gagliardi Dominic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2004
Sold by
Gagliardi Dominic
Bought by
Gagliardi Dominic and Gagliardi Maile

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2004
Sold by
Gagliardi Maile
Bought by
Gagliardi Dominic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2004
Sold by
Orlando Mario and Orlando Maria
Bought by
The Vistantel Family Lp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $780,000 Wfg National Title Insurance C
Trustee Deed $653,401 Pioneer Title Agency
Warranty Deed $818,000 Empire Title Agency
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Cash Sale Deed $185,000 Lawyers Title Of Arizona Inc
Cash Sale Deed $129,900 None Available
Cash Sale Deed $129,900 Old Republic Title Agency
Warranty Deed -- Old Republic Title Agency
Special Warranty Deed $310,000 None Available
Warranty Deed $310,000 Tsa Title Agency
Warranty Deed $275,000 Tsa Title Agency
Interfamily Deed Transfer -- Tsa Title Agency
Interfamily Deed Transfer -- Tsa Title Agency
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $589,900 New Conventional
Previous Owner $651,000 New Conventional
Previous Owner $248,000 New Conventional
Previous Owner $220,000 New Conventional
Previous Owner $220,000 New Conventional
Closed $175,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $780,000 -5.9% $283 / Sq Ft
03/24/2025 03/24/25 Price Changed $829,000 -4.6% $300 / Sq Ft
02/21/2025 02/21/25 For Sale $869,000 +6.2% $315 / Sq Ft
04/12/2023 04/12/23 Sold $818,000 -5.4% $296 / Sq Ft
04/05/2023 04/05/23 Price Changed $865,000 0.0% $313 / Sq Ft
04/05/2023 04/05/23 For Sale $865,000 0.0% $313 / Sq Ft
12/11/2022 12/11/22 For Sale $865,000 -- $313 / 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 $1,742 $14,029 -- --
2024 $1,696 $13,361 -- --
2023 $1,696 $55,770 $11,150 $44,620
2022 $1,645 $37,760 $7,550 $30,210
2021 $1,660 $34,730 $6,940 $27,790
2020 $1,634 $27,620 $5,520 $22,100
2019 $1,598 $24,260 $4,850 $19,410
2018 $1,558 $20,970 $4,190 $16,780
2017 $1,485 $17,300 $3,460 $13,840
2016 $1,434 $14,710 $2,940 $11,770
2015 $1,332 $12,830 $2,560 $10,270
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6824238

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-22-109