$866,000
SOLD SEP 29, 2022
-- Bed
-- Bath
2,760 Sq Ft
10,193 Sq Ft Lot

Recently Sold

$314 Per Sq Ft

21% Below List Price

10 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Madison Heights Elementary School Rated A-

About This Home

As of September 2022

Also for sale MLS# 6436668 & 6436670 at 1313 & 1325 E Vista. Very well managed and maintained fourplexes . All 2/1 units at $875 to 900 per month with room to raise those rents around $350 or more per door. All leases are current, long term tenants, and most ( 9 or 10 of the 12 across all three buildings) leases are up in Sept/Oct . Do not disturb tenants. 1 Vacant Unit recently rehabbed can be rented for 1250+.

Last Agent to Sell the Property

Shane Cook

eXp Realty License #SA585717000 Listed on: 07/19/2022

eXp Realty

Co-Listed By

Jamie Sweet

eXp Realty License #SA637728000

Last Buyer's Agent

Allie Myers

Real Broker License #SA669418000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 1971

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • Madison Elementary School
  • North High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 160-22-106

Community Details

Overview

  • 4 Units
  • Building Dimensions are 136 x 75
  • Mission Viejo Section 1 Subdivision

Building Details

  • Operating Expense $1,652
  • Gross Income $43,200
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,652

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: 16TH STREET AND GLENDALE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2021
  • Directions: North on 16th Street to Orangewood, West/Left on Orangewood to 14th Street. Then take a quick right/North and a quick left/West onto Vista Ave. Building on the South Side of the Road.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: xpre18
  • Co List Office Phone: 480-722-9800
  • Subdivision Name: MISSION VIEJO SECTION 1
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Concrete
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit, 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

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Madison Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 136 x 75
  • Additional Parcels: No
  • Parcel #: 160-22-106

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 43200.0
  • Property Net Operating Income: 39000.0
  • Annual Operating Expense: 1652.0

Tax Info

  • Tax Annual Amount: 1652.0
  • Tax Book Number: 160.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Sep 29, 2022
Sold by
1313 Vista Llc
Bought by
1325 Sumida Vista Llc
Seller's Agent
Shane Cook
eXp Realty
Buyer's Agent
Allie Myers
Real Broker
List Price
$1,100,000
Sold Price
$866,000
Premium/Discount to List
-$234,000
-21.27%
Views
3
Current Estimated Value
$891,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,461
Avg. Annual Appreciation
0.13%

Purchase Details

Listed on
Jul 30, 2012
Closed on
Aug 24, 2012
Sold by
Wells Fargo Bank Na
Bought by
1313 Vista Llc
Seller's Agent
Marc Gastineau
Realty ONE Group
Buyer's Agent
Shane Cook
eXp Realty
List Price
$128,700
Sold Price
$142,000
Premium/Discount to List
$13,300
10.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.71%

Purchase Details

Closed on
Apr 4, 2012
Sold by
Ruth Michelle A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 30, 2006
Sold by
Ruth Michelle
Bought by
Buono Vita Properties Ii Llc

Purchase Details

Closed on
Dec 29, 2005
Sold by
Ruth Carl A
Bought by
Ruth Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 21, 2005
Sold by
Lopez Juan P
Bought by
Ruth Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 6, 2005
Sold by
K Muller Property #9 Llc
Bought by
Lopez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,200
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 3, 2005
Sold by
Portillo Nancy Patricia
Bought by
Lopez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,200
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 24, 2004
Sold by
Muller Karen M
Bought by
K Muller Property Number Nine Llc

Purchase Details

Closed on
Aug 13, 2004
Sold by
Bax Rue and Fonner Ross
Bought by
Muller Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2003
Sold by
Horst Timothy E and Horst Debra C
Bought by
Bax Rue and Fonner Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,250
Interest Rate
5.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 8, 2002
Sold by
Kaholokula Clifton D and Kaholokula Sandra E
Bought by
Horst Timothy E and Horst Debra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,200
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2000
Sold by
Kaholokula Clifton and Kaholokula Sandra E
Bought by
Kaholokula Clifton D and Kaholokula Sandra E
Source: Public Records

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Range of Values:

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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
Warranty Deed $868,000 Phoenix Az Title Agency Llc
Cash Sale Deed $142,000 Lawyers Title Of Arizona Inc
Trustee Deed $350,706 None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- Ticor Title Agency Of Az Inc
Warranty Deed $360,000 Ticor Title Agency Of Az Inc
Warranty Deed $312,000 --
Interfamily Deed Transfer -- --
Quit Claim Deed -- Capital Title Agency Inc
Warranty Deed $235,000 Capital Title Agency Inc
Warranty Deed $192,500 North American Title Co
Warranty Deed $176,500 First American Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $36,000 Credit Line Revolving
Previous Owner $288,000 Negative Amortization
Previous Owner $288,000 Negative Amortization
Previous Owner $31,200 Credit Line Revolving
Previous Owner $249,600 Fannie Mae Freddie Mac
Previous Owner $249,600 Fannie Mae Freddie Mac
Previous Owner $164,500 New Conventional
Previous Owner $19,250 Stand Alone Second
Previous Owner $154,000 New Conventional
Previous Owner $141,200 New Conventional
Closed $35,300 No Value Available
Closed $47,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $866,000 -13.4% $314 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/24/2022 07/24/22 Price Changed $999,900 -9.1% $362 / Sq Ft
07/19/2022 07/19/22 For Sale $1,100,000 +674.6% $399 / Sq Ft
09/14/2012 09/14/12 Sold $142,000 +10.3% $51 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
07/30/2012 07/30/12 For Sale $128,700 -- $47 / 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 $1,735 $13,969 -- --
2024 $1,689 $13,304 -- --
2023 $1,689 $55,880 $11,170 $44,710
2022 $1,638 $37,820 $7,560 $30,260
2021 $1,652 $34,830 $6,960 $27,870
2020 $1,627 $27,650 $5,530 $22,120
2019 $1,591 $24,250 $4,850 $19,400
2018 $1,552 $20,960 $4,190 $16,770
2017 $1,479 $17,280 $3,450 $13,830
2016 $1,428 $14,680 $2,930 $11,750
2015 $1,326 $12,820 $2,560 $10,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6436674

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-22-106