NOT LISTED FOR SALE

1326 N Miller Rd Tempe, AZ 85281

North Tempe Neighborhood

Estimated Value: $544,000 - $650,000

4 Beds
2 Baths
1,000 Sq Ft
$603/Sq Ft Est. Value

Last Sold July 10, 2012

Last sale price $96,350 $96 Per Sq Ft

Est. 525% increase in value since last sale

Current estimated payment $3,306/month

10 Days on Market

Highlights

  • Cooling Available
  • Washer and Dryer
  • Individual Controls for Heating
  • Painted or Stained Flooring

About This Home

As of July 2012

A truly wonderful short sale investment opportunity! As they say, one man's loss is another's gain. This duplex, being offered with the adjoining one, is well maintained and currently fully rented. It's a prime location with ASU and several large employers in the area as well as quick freeway access. Please do not disturb the tenants as you take a look at this great investor property. See MLS #4753932 for the other duplex.

Last Agent to Sell the Property

Ron Urban

AZ Brokerage Holdings, LLC License #BR520022000 Listed on: 04/30/2012

Co-Listed By

Gene Urban

AZ Brokerage Holdings, LLC License #SA530491000

Last Buyer's Agent

Daniel Rosenbaum

Rosenbaum Realty Group License #BR636314000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,340

Year Built

  • Built in 1979

Lot Details

  • 7,579

Home Design

  • Built-Up Roof
  • Block Exterior

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven
  • Dishwasher

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Washer and Dryer

Parking

  • Over 1 Space Per Unit
  • Paved Parking

Schools

  • Laird Elementary School
  • Mcclintock High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Community Details

  • $758 per year Dock Fee
  • 2 Units
  • Building Dimensions are 7584

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • The owner pays for landscaping, sewer, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,340

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Tax Municipality: Tempe
  • Appliances Included: Dishwasher, F/S Oven/Range, Refrigerator, W/D Hookup, Washer/Dryer
  • Construction Finish: Painted
  • Cross Street: McKellips Rd & Scottsdale Road
  • Floors: Carpet, Ceramic Tile, Vinyl
  • Legal Info Block: 3014
  • Legal Info Cnty Rcrd Bk Pg Number: MCR 007031
  • Legal Info Lot Number: 179
  • Legal Info Range: 4E
  • Legal Info Township: 1N
  • Other Type: Packaged Offering
  • Roads Streets: Asphalt
  • Property Type: F
  • Legal Description Abbrev: North Tempe 02
  • Marketing Name: North Tempe 2
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 2.00
  • Map Code Grid: Q37
  • Year Built: 1979
  • Tax Year: 2011
  • Directions: East on McKellips to Miller Road---South to property---DRIVE BY ONLY---Do not disturb tenants
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Fire/Smoke Alarm(s), Mini Blinds, Unfurnished

Exterior Features

  • Exterior Amenities: Desert Landscaping, Landscape Wtr System, Pet Restrictions
  • Roofing: Built-Up
  • Construction: Block

Garage/Parking

  • Parking: >1 Space Per Unit, Free, Paved Parking
  • Total Parking Spaces: 2.00

Utilities

  • Water: City Franchise
  • Electric: Individual Meter, SRP
  • Cooling: Ceiling Fan(s), Electric, Individual
  • Heating: Electric, Individual

Condo/Co-op/Association

  • Community Amenities: No Pool

Schools

  • Elementary School: Laird Elementary School
  • Middle School: McKemy Middle School
  • High School: McClintock High School
  • Elementary School: Laird Elementary School
  • High School: McClintock High School
  • Junior High School: McKemy Middle School

Lot Info

  • Lot Size: 7584

Multi Family

  • Income And Expenses Operating Exp: 758.00
  • Income And Expenses Totl Mnth Rntal Inc: 1400.00
  • Number Of Two Bedroom Units: 2
  • Owner Pays: Landscaping, Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electric
  • Total Numberof Buildings: 1
  • Total Numberof Units: 2.00
  • Two Bedroom Units Avg Rent: 820.00
  • Two Bedroom Units Avg Sq Ft: 1000
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 758.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2013
Sold by
Rosenbaum Realty Llc
Bought by
Rosenbaum Enterprises Llc
Current Estimated Value
$602,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,750
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 30, 2012
Closed on
Jun 22, 2012
Sold by
Knight Kimberly A
Bought by
Phua Joseph Y
Seller's Agent
Ron Urban
AZ Brokerage Holdings, LLC
Buyer's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
List Price
$90,000
Sold Price
$96,350
Premium/Discount to List
$6,350
7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%

Purchase Details

Listed on
Apr 30, 2012
Closed on
Jun 18, 2012
Sold by
Phua Joseph Y
Bought by
Rosenbaum Realty Llc
Seller's Agent
Ron Urban
AZ Brokerage Holdings, LLC
Buyer's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
List Price
$90,000
Sold Price
$96,350
Premium/Discount to List
$6,350
7.06%

Purchase Details

Closed on
Sep 17, 2007
Sold by
Knight Kimberly A
Bought by
Phua Joseph Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,125
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 1995
Sold by
Wiegers Rolland Lee and Wiegers Mary Arline
Bought by
Kiley Douglas W and Kiley Julie A
Source: Public Records

Range of Values:

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Average Value
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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
Rosenbaum Enterprises Llc -- Security Title Agency
Phua Joseph Y -- Chicago Title Agency Inc
Rosenbaum Realty Llc $96,350 None Available
Phua Joseph Y -- Chicago Title Agency Inc
Phua Joseph Y -- Russ Lyon Title Agency Llc
Phua Joseph Y $237,500 Russ Lyon Title Agency Llc
Kiley Douglas W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenbaum Enterprises Llc $389,750
Previous Owner Phua Joseph Y $178,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2012 07/10/12 Sold $96,350 +7.1% $96 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $90,000 -- $90 / 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 $1,340 $11,966 -- --
2024 $1,324 $11,396 -- --
2023 $1,324 $32,550 $6,520 $26,030
2022 $1,270 $26,100 $5,230 $20,870
2021 $1,279 $21,470 $4,300 $17,170
2020 $1,240 $19,140 $3,830 $15,310
2019 $1,217 $18,410 $3,690 $14,720
2018 $1,186 $15,710 $3,150 $12,560
2017 $1,151 $13,040 $2,610 $10,430
2016 $1,143 $11,070 $2,220 $8,850
2015 $1,098 $10,290 $2,060 $8,230
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ron Urban

    Realty Executives

  • G

    Seller Co-Listing Agent in 2012

    Gene Urban

    Realty Executives

    Section Image
  • Daniel Rosenbaum

    Buyer's Agent in 2012

    Daniel Rosenbaum

    Rosenbaum Realty Group

    (480) 588-1333

    1 in this area

    27 Total Sales

    Daniel Rosenbaum
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4753922

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-13-028

Arizona Maricopa County Tempe 85281 North Tempe

1326 N Miller Rd, Tempe, AZ

This home is located at 1326 N Miller Rd, Tempe, AZ 85281 since 30 April 2012 and is currently estimated at $602,507, approximately $602 per square foot. This property was built in 1979. 1326 N Miller Rd is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and South Pointe Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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