NOT LISTED FOR SALE

Estimated Value: $577,550 - $859,000

-- Bed
4 Baths
800 Sq Ft
$889/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $357,000 $446 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,024/month

157 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of July 2019

PRICE REDUCED!! Price firm and sell AS IS. Great Location! Single level, fully occupied 4-plex. All 2 Bedrooms/1Bath. No HOA!! 2 new ACs replaced in 2018. All units repiped with hot and cold PEX piping in 2017. Unit #7 rehabbed in 2017 with new kitchen & bath cabinets, new countertops and new vinyl flooring in kitchen, laundry and bath. Easy maintenance on the remaining units with ceramic tile flooring throughout. All units has laundry hookups and individual yards. Long term tenants, MTM (9Yrs; 1Yr 4Mths; 7Yrs; 4.5Yrs; rented at $680, $710; $680; $680). This listing is for the middle building consists of Unit 4, 5, 6 & 7. Buyer or the buyer's agent to verify all facts and figures. Seller will provide a 1 year Old Republic Home Warranty at COE. Water/sewer service is a shared utility

Last Agent to Sell the Property

Yoke Ho

Call Realty, Inc. License #SA652926000 Listed on: 01/15/2019

Call Realty, Inc.

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,375

Year Built

  • Built in 1985

Lot Details

  • 0.26

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Eisenhower Center For Innovation Elementary School
  • Carson Junior High Middle School
  • Westwood High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 4
  • Assessor Parcel Number 137-22-004-D

Community Details

Overview

  • 4 Units
  • Building Dimensions are 11,102
  • Evergreen Acres Subdivision

Building Details

  • Operating Expense $9,971
  • Gross Income $33,000
  • Net Operating Income $23,029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,375

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Center St./Brown Road
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-2
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2018
  • Directions: South of Brown on Center, then west on 9th Place. Property on north side.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2640.0
  • Subdivision Name: EVERGREEN ACRES
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Assigned: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Central A/C, Heat Pump, Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 1416.0
  • Annual Water Sewer Expense: 2484.0

Schools

  • Elementary School: Eisenhower Center For Innovation
  • High School: Westwood High School
  • Middle Or Junior School: Carson Junior High School

Lot Info

  • Lot Size: 11,102
  • Additional Parcels: No
  • Parcel #: 137-22-004-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 33000.0
  • Insurance Expense: 856.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 23029.0
  • Annual Operating Expense: 9971.0

Tax Info

  • Tax Annual Amount: 1375.0
  • Tax Book Number: 137.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Jun 25, 2019
Sold by
Lee Mun Pong and Ho Yoke
Bought by
Snelson Jason and Crockett Jonathan
Seller's Agent
Yoke Ho
Call Realty, Inc.
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$384,000
Sold Price
$357,000
Premium/Discount to List
-$27,000
-7.03%
Current Estimated Value
$711,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,138
Avg. Annual Appreciation
9.93%
Original Mortgage
$350,000
Outstanding Balance
$312,841
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$323,320

Purchase Details

Closed on
Feb 16, 2018
Sold by
Lee Mun Pong and Ho Yoke
Bought by
Lee Mun Pong and Ho Yoke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2018
Sold by
Regroup Llc
Bought by
Lee Mun Pong and Ho Yoke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2013
Sold by
Sutton Leslie N and Sutton Mary N
Bought by
Regroup Llc

Purchase Details

Closed on
Jun 17, 2013
Sold by
Regroup Llc
Bought by
Sutton Leslie N and Sutton Mary N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,250
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2005
Sold by
Sutton Neil and Sutton Mary Noel
Bought by
Regroup Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1998
Sold by
Shackelford James B
Bought by
Sutton Neil and Sutton Mary Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
6.69%
Mortgage Type
Trade
Source: Public Records

Range of Values:

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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
Snelson Jason $357,000 Great American Title Agency
Lee Mun Pong -- Accommodation
Lee Mun Pong $316,000 Great American Title Agency
Regroup Llc -- None Available
Sutton Leslie N -- Title Source
Regroup Llc -- --
Sutton Neil $149,900 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snelson Jason $350,000
Previous Owner Lee Mun Pong $167,400
Previous Owner Sutton Leslie N $273,250
Previous Owner Sutton Leslie Neil $300,000
Previous Owner Sutton Leslie Neil $137,000
Previous Owner Sutton Neil $134,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2019 07/09/19 Sold $357,000 0.0% $446 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/10/2019 06/10/19 Off Market $357,000 -- --
05/22/2019 05/22/19 Price Changed $368,000 -4.2% $460 / Sq Ft
04/18/2019 04/18/19 For Sale $384,000 0.0% $480 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
02/21/2019 02/21/19 Price Changed $384,000 -0.5% $480 / Sq Ft
02/21/2019 02/21/19 Price Changed $385,800 -3.1% $482 / Sq Ft
01/14/2019 01/14/19 For Sale $398,000 -- $498 / 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 $1,555 $15,842 -- --
2024 $1,568 $15,088 -- --
2023 $1,568 $50,150 $10,030 $40,120
2022 $1,535 $37,700 $7,540 $30,160
2021 $1,554 $30,850 $6,170 $24,680
2020 $1,534 $27,700 $5,540 $22,160
2019 $1,433 $23,600 $4,720 $18,880
2018 $1,375 $21,130 $4,220 $16,910
2017 $1,334 $17,820 $3,560 $14,260
2016 $1,310 $17,180 $3,430 $13,750
2015 $1,231 $15,220 $3,040 $12,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5867828

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-22-004D