NOT LISTED FOR SALE

Estimated Value: $694,000 - $854,000

-- Bed
-- Bath
3,384 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $804,000 $238 Per Sq Ft

Current estimated payment $4,596/month

135 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 4-minute walk to Sunnyslope Rock Garden
  • Sunnyslope High School Rated A
  • Heat Pump System

About This Home

As of March 2023

Are you looking for a 6.5% CAP rate? Ask today about current and projected rents for this 4Plex. These kind of properties are hard to find. Nestled between beautiful mountains on a quiet col de sac street, you will find 4 upgraded two bed one bath units. Each unit has been remodeled with tile throughout and new cabinets. The landscaping around the property is very low maintenance and there are two assigned parking spots per unit. Plenty of additional street parking as well. This location offers one of the most sought after high schools in Phoenix, Sunnyslope High. Many people move in to this district for the school alone. North Phoenix. There is one long term lease in place, one vacant unit and 2 expiring leases. Capitalize on this rare opportunity. Call now!

Last Listed By

Daryl Stuteville

A.Z. & Associates License #SA669416000 Listed on: 10/07/2022

A.Z. & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,247

Year Built

  • Built in 1985

Lot Details

  • 10,759

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Over 1 Space Per Unit
  • On-Street Parking

Schools

  • Sunridge Elementary School
  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 19
  • Assessor Parcel Number 159-29-007-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10747
  • Mountain Home Tract Lots 1 Thru 4 15 16 25 Thru 32 Subdivision

Building Details

  • Operating Expense $1,247
  • Gross Income $5,684

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,247

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Peoria Ave./Cave Creek Rd.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2022
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: MOUNTAIN HOME TRACT LOTS 1 THRU 4 15 16 25 THRU 32
  • Tax Parcel Letter: C
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit, On Street
  • Attached Garage: No
  • 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

Utilities

  • Electric: APS, Individual Meter
  • Cooling: 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

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Sunridge Elementary School
  • High School: Sunnyslope High School

Lot Info

  • Lot Size: 10747
  • Additional Parcels: No
  • Parcel #: 159-29-007-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 5684.0
  • Annual Operating Expense: 1247.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1247.0
  • Tax Book Number: 159.00
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2023
Sold by
Kamagaju Angelique
Bought by
Dbm & Ak Investments Llc
Total Days on Market
135
Current Estimated Value
$805,383

Purchase Details

Listed on
Oct 7, 2022
Closed on
Mar 29, 2023
Sold by
Scarlett Casey Trust
Bought by
Kamagaju Angelique
Seller's Agent
Daryl Stuteville
A.Z. & Associates
Buyer's Agent
Octavian Curpas
DeLex Realty
List Price
$815,000
Sold Price
$804,000
Premium/Discount to List
-$11,000
-1.35%
Views
303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.08%

Purchase Details

Listed on
Oct 7, 2022
Closed on
Mar 16, 2023
Sold by
Scarlett Properties Llc
Bought by
Scarlett Casey Trust
Seller's Agent
Daryl Stuteville
A.Z. & Associates
Buyer's Agent
Octavian Curpas
DeLex Realty
List Price
$815,000
Sold Price
$804,000
Premium/Discount to List
-$11,000
-1.35%
Views
303

Purchase Details

Listed on
Mar 9, 2022
Closed on
Mar 23, 2022
Sold by
Michael Obrien Trent
Bought by
Scarlett Properties Llc
Seller's Agent
Sean O'Carroll
Citiea
Buyer's Agent
Rita E McVay
LRA Real Estate Group, LLC
List Price
$599,000
Sold Price
$700,000
Premium/Discount to List
$101,000
16.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%
Original Mortgage
$560,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2014
Sold by
Brien Trent M O
Bought by
Brien Trent Michael O and Mission Trust

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
Dbm & Ak Investments Llc -- None Listed On Document
Kamagaju Angelique $804,000 Great American Title Agency
Scarlett Casey Trust -- Professional Escrow Services
Scarlett Properties Llc $700,000 Lawyers Title
Obrien Trent Michael -- Lawyers Title
Brien Trent Michael O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scarlett Properties Llc $580,000
Previous Owner Scarlett Properties Llc $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $804,000 -1.3% $238 / Sq Ft
03/21/2023 03/21/23 For Sale $815,000 0.0% $241 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
02/18/2023 02/18/23 Pending -- -- --
12/08/2022 12/08/22 Price Changed $815,000 -0.5% $241 / Sq Ft
11/03/2022 11/03/22 Price Changed $819,000 -1.3% $242 / Sq Ft
10/20/2022 10/20/22 Price Changed $830,000 +1.2% $245 / Sq Ft
10/20/2022 10/20/22 Price Changed $820,000 -3.5% $242 / Sq Ft
10/07/2022 10/07/22 For Sale $850,000 +21.4% $251 / Sq Ft
03/25/2022 03/25/22 Sold $700,000 +16.9% $207 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $599,000 -- $177 / 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 $1,313 $10,737 -- --
2024 $1,289 $10,226 -- --
2023 $1,289 $50,960 $9,350 $41,610
2022 $1,247 $35,780 $6,560 $29,220
2021 $1,263 $29,410 $5,390 $24,020
2020 $1,232 $25,950 $4,760 $21,190
2019 $1,209 $22,630 $4,150 $18,480
2018 $1,178 $18,920 $3,470 $15,450
2017 $1,172 $18,060 $3,310 $14,750
2016 $1,150 $16,920 $3,100 $13,820
2015 $1,065 $15,480 $2,840 $12,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6474344

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-29-007C