NOT LISTED FOR SALE

1345 E Wiletta St -- E Phoenix, AZ 85006

Coronado Neighborhood

Estimated Value: $345,000 - $527,549

4 Beds
3 Baths
3,624 Sq Ft
$122/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $112,500 $31 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $2,499/month

62 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of June 2014

A lot of potential in this four plex. Close to the Biltmore area.

Two units are rented. The 2 bedroom for $475.00 and one studio for $450.00

Last Agent to Sell the Property

Minerva Gutierrez

Equity Realty Group, LLC License #BR116252000 Listed on: 04/09/2014

Equity Realty Group, LLC

Last Buyer's Agent

MARIA RAMOS

GPS AZ Real Estate License #SA632589000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1926

Lot Details

  • 4,400

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • Legal Lot and Block 12 / 6
  • Assessor Parcel Number 116-22-131

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 0.1 acres
  • Burroughs Subdivision

Building Details

  • Operating Expense $2,718
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$518

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Cross Street: McDowell & 14th St.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: RE
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1926
  • Tax Year: 2013
  • Road Surface Type: Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Burroughs
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks), APS
  • Cooling: Central A/C, Individual, Wall/Window Unit(s)
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 0.1 acres
  • Additional Parcels: No
  • Parcel #: 116-22-131

Multi Family

  • Owner Pays: None
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 800.0
  • Maintenance Expense: 200.0
  • Property Net Operating Income: 15000.0
  • Annual Operating Expense: 2718.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 518.0
  • Tax Block: 6
  • Tax Book Number: 116.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2019
Sold by
Guillen Rafael S and Porras Socorro
Bought by
Porras Socorro
Total Days on Market
62
Current Estimated Value
$443,887

Purchase Details

Closed on
Jan 23, 2019
Sold by
Trono Aurora L and Trono Alexis Claire L
Bought by
Porras Socorro

Purchase Details

Listed on
Apr 9, 2014
Closed on
Jun 30, 2014
Sold by
Verdugo Leticia G
Bought by
Trono Aurora L and Trono Alexis Claire L
Seller's Agent
Minerva Gutierrez
Equity Realty Group, LLC
Buyer's Agent
MARIA RAMOS
GPS AZ Real Estate
List Price
$11,900
Sold Price
$112,500
Premium/Discount to List
$100,600
845.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Lozano Hector S
Bought by
Verdugo Leticia G

Purchase Details

Closed on
Jun 19, 1979
Sold by
Murphy Mary
Bought by
Paz Rafael H and Paz Leonor M
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 Buyer Sale Price Title Company
Porras Socorro -- Driggs Title Agency Inc
Porras Socorro $195,000 Driggs Title Agency Inc
Trono Aurora L $110,000 First Arizona Title Agency
Verdugo Leticia G $39,000 Transnation Title Ins Co
Paz Rafael H -- Stewart Title & Trust
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $112,500 +845.4% $31 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $11,900 -- $3 / 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 $1,725 $14,550 -- --
2024 $1,709 $13,857 -- --
2023 $1,709 $35,570 $7,110 $28,460
2022 $1,643 $28,500 $5,700 $22,800
2021 $1,645 $24,250 $4,850 $19,400
2020 $1,668 $23,580 $4,710 $18,870
2019 $1,669 $15,080 $3,010 $12,070
2018 $1,210 $12,760 $2,550 $10,210
2017 $1,182 $9,860 $1,970 $7,890
2016 $1,148 $8,210 $1,640 $6,570
2015 $616 $6,960 $1,390 $5,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5102859

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-22-131