NOT LISTED FOR SALE

Estimated Value: $291,000 - $328,000

2 Beds
-- Bath
1,248 Sq Ft
$252/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $235,000 $188 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,780/month

20 Days on Market

Highlights

  • Cooling Available
  • Sunnyslope High School Rated A
  • Heating Available

About This Home

As of June 2023

INVESTMENT PROPERTY WITH REHAB NEEDED. DRIVE BY ONLY. CURRENTLY OCCUPIED, CETRALLY LOCATED WITH GREAT VIEWS OF NORTH MOUNTAIN

Last Agent to Sell the Property

Michael Rapaport

West USA Realty License #SA541699000 Listed on: 04/12/2023

West USA Realty

Last Buyer's Agent

Marissa Diaz

Real Broker License #SA707111000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $751

Year Built

  • Built in 1980

Lot Details

  • 7,971

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer
  • Tax Lot 5
  • Assessor Parcel Number 159-15-005

Community Details

Overview

  • 2 Units
  • Building Dimensions are 0
  • Mercer Heights Subdivision

Building Details

  • Operating Expense $751

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$751

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: PEORIA & 15TH AVENUE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI-FAMILY
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: MERCER HEIGHTS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Other4: Yes

Condo/Co-op/Association

  • Community Features: Other
  • Amenities: None

Association/Amenities

  • Community Amenities:Other18: Yes

Lot Info

  • Lot Size: 0
  • Additional Parcels: No
  • Parcel #: 159-15-005

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer
  • Number Of Units Total: 2
  • Annual Operating Expense: 751.0

Tax Info

  • Tax Annual Amount: 751.0
  • Tax Book Number: 159.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Jun 30, 2023
Sold by
Build State 48 Llc
Bought by
Corral Rosalba
Seller's Agent
Michael Rapaport
West USA Realty
Buyer's Agent
Marissa Diaz
Real Broker
List Price
$350,000
Sold Price
$235,000
Premium/Discount to List
-$115,000
-32.86%
Views
2
Current Estimated Value
$314,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,543
Avg. Annual Appreciation
14.38%
Original Mortgage
$237,540
Outstanding Balance
$232,679
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$81,864

Purchase Details

Listed on
Apr 12, 2023
Closed on
Jun 28, 2023
Sold by
Ochoa Reyna Gabriela Martinez
Bought by
Build State 48 Llc
Seller's Agent
Michael Rapaport
West USA Realty
Buyer's Agent
Marissa Diaz
Real Broker
List Price
$350,000
Sold Price
$235,000
Premium/Discount to List
-$115,000
-32.86%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,540
Outstanding Balance
$232,679
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$81,864

Purchase Details

Closed on
Sep 28, 1999
Sold by
Fagerlie Emery and Fagerlie Billie
Bought by
Fuentes Diego and Fuentes Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.77%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Corral Rosalba $235,000 Silo Title Agency
Build State 48 Llc $235,000 Silo Title Agency
Fuentes Diego $47,500 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Build State 48 Llc $237,540
Previous Owner Fuentes Diego R $100,000
Previous Owner Fuentes Diego $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $235,000 -32.9% $188 / Sq Ft
05/30/2023 05/30/23 Price Changed $350,000 0.0% $280 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/18/2023 04/18/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $350,000 -- $280 / 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 $791 $6,469 -- --
2024 $777 $6,161 -- --
2023 $777 $23,950 $4,790 $19,160
2022 $751 $16,880 $3,370 $13,510
2021 $761 $14,530 $2,900 $11,630
2020 $742 $12,930 $2,580 $10,350
2019 $729 $11,110 $2,220 $8,890
2018 $710 $9,370 $1,870 $7,500
2017 $706 $7,430 $1,480 $5,950
2016 $693 $6,900 $1,380 $5,520
2015 $642 $5,770 $1,150 $4,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6542963

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-15-005