NOT LISTED FOR SALE

Estimated Value: $358,941 - $607,000

-- Bed
-- Bath
1,664 Sq Ft
$299/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $174,500 $105 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $2,846/month

7 Days on Market

Highlights

  • Cooling Available
  • Community Playground
  • Ceiling Fan
  • Shadow Mountain High School Rated A-
  • Community Barbecue Grill
  • Heating Available

About This Home

As of November 2015

Tri- Plex units, well maintained, also available mls #5355566. High demand area surround by nice homes and community. Units have long term tenants on month to month, newer roof, and some newer HVAC units. Seller would like both Tri-Plex units together.

Last Agent to Sell the Property

Rita E McVay

LRA Real Estate Group, LLC License #SA103683000 Listed on: 10/30/2015

Last Buyer's Agent

Eli Gilman

HomeSmart License #SA113281000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $508

Year Built

  • Built in 1964

Lot Details

  • 0.27

Home Design

  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Assigned Parking

Schools

  • Hidden Hills Elementary School
  • Shea Middle School
  • Paradise Valley High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, landscaping
  • Assessor Parcel Number 214-44-007-Z

Community Details

Overview

  • 3 Units
  • Building Dimensions are 11674

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$508

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Thunderbird/ 7th st
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: r2
  • Number Of Buildings: 1
  • Year Built: 1964
  • Mobile Home Prk Info Total Number Spaces: 3
  • Tax Year: 2015
  • Directions: north to Hearn, east to 8th pl, north to property
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: Z
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:Barbecue: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Annual Water Sewer Expense: 1600.0

Schools

  • Elementary School: Hidden Hills Elementary School
  • High School: Paradise Valley High School
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Lot Size: 11674
  • Additional Parcels: No
  • Parcel #: 214-44-007-Z

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 508.0
  • Tax Book Number: 214.00
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
8Th Place Llc and 8 Place Llc
Bought by
Eliezer Investments Llc
Total Days on Market
7
Current Estimated Value
$496,985

Purchase Details

Closed on
Dec 2, 2024
Sold by
Eliezer Investments Llc
Bought by
8Th Place Llc

Purchase Details

Listed on
Oct 30, 2015
Closed on
Nov 11, 2015
Sold by
Ruiz Nathan E
Bought by
Eliezer Investments Llc
Seller's Agent
Rita E McVay
LRA Real Estate Group, LLC
Buyer's Agent
Eli Gilman
HomeSmart
List Price
$198,900
Sold Price
$174,500
Premium/Discount to List
-$24,400
-12.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%

Purchase Details

Closed on
Aug 4, 2015
Sold by
Ruiz Victor and Ruiz Natacha E
Bought by
Ruiz Natacha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.97%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 1, 2011
Sold by
Alvarado Denise
Bought by
Ruiz Natacha E

Purchase Details

Closed on
Apr 23, 2001
Sold by
Post Sharon A
Bought by
Alvarado Denise

Purchase Details

Closed on
May 18, 1999
Sold by
Simoncic Melody and Simoncic Richard J
Bought by
Post Sharon A

Purchase Details

Closed on
May 6, 1997
Sold by
Simoncic Melody
Bought by
Simoncic Richard J and Simoncic Melody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
7.98%

Purchase Details

Closed on
Apr 13, 1994
Sold by
Long Virginia C
Bought by
Simoncic Melody
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
Eliezer Investments Llc -- None Listed On Document
8Th Place Llc -- None Listed On Document
Eliezer Investments Llc $172,500 Wfg National Title Ins Co
Ruiz Natacha E -- Chicago Title Agency Inc
Ruiz Natacha E -- None Available
Alvarado Denise $134,000 Security Title Agency
Post Sharon A $100,000 Capital Title Agency
Simoncic Richard J -- Old Republic Title Agency
Simoncic Melody $50,500 Network Escrow & Title Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruiz Natacha E $75,000
Previous Owner Simoncic Richard J $52,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $174,500 -12.3% $105 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
10/29/2015 10/29/15 For Sale $198,900 -- $120 / 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 $670 $6,730 -- --
2024 $656 $6,410 -- --
2023 $656 $26,530 $5,300 $21,230
2022 $616 $24,600 $4,920 $19,680
2021 $621 $23,630 $4,720 $18,910
2020 $601 $22,110 $4,420 $17,690
2019 $602 $16,370 $3,270 $13,100
2018 $582 $14,050 $2,810 $11,240
2017 $557 $11,200 $2,240 $8,960
2016 $548 $9,470 $1,890 $7,580
2015 $508 $8,200 $1,640 $6,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5355672

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-44-007Z