NOT LISTED FOR SALE

Estimated Value: $626,282 - $875,000

-- Bed
-- Bath
3,748 Sq Ft
$201/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $236,000 $63 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $4,313/month

5 Days on Market

Highlights

  • Cooling Available
  • Community Barbecue Grill
  • Heat Pump System
  • Macarthur Elementary School Rated A-

About This Home

As of February 2013

Not a Short Sale or REO! Desireable Unit mix and location. All 2bed/2bath units. Average rent = $600/month. Built in 1985. Individually metered and tenants pay for all utilities. Covered parking. Buyer to verify all facts and figures to their satisfaction.

Last Agent to Sell the Property

Jason Campagna

Orion Investment Real Estate License #SA543294000 Listed on: 01/14/2013

Last Buyer's Agent

Rick Horst

Keller Williams Arizona Realty License #SA640657000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 1985

Lot Details

  • 8,756

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stone Exterior Construction
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Common or Shared Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV
  • The owner pays for landscaping
  • Tax Lot 10
  • Assessor Parcel Number 136-07-179

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • North Gate Gardens Unit 2 Lot 1 11 Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $5,256
  • Net Operating Income $19,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$994

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: McKellips/Stapley
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2012
  • Directions: East on McKellips, North on Lazona Dr, East on Knoll Cir to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: North Gate Gardens Unit 2 Lot 1-11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Heat Pump, Electric
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Barbecue: Yes

Fee Information

  • Annual Water Sewer Expense: 386.0

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 136-07-179

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 1116.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 19660.0
  • Annual Operating Expense: 5255.7
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 993.7
  • Tax Book Number: 136.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2013
Closed on
Jan 23, 2013
Sold by
Villa Rose Apartments Llc
Bought by
Huai Jie Jessica
Seller's Agent
Jason Campagna
Orion Investment Real Estate
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$229,000
Sold Price
$236,000
Premium/Discount to List
$7,000
3.06%
Current Estimated Value
$754,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,427
Avg. Annual Appreciation
9.60%

Purchase Details

Closed on
May 7, 2012
Sold by
Benitez Loera Rafaela
Bought by
Loera Efrain

Purchase Details

Closed on
Dec 1, 2005
Sold by
Berezowecki John
Bought by
Loera Efrain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,400
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Huai Jie Jessica $236,000 Stewart Title & Trust Of Pho
Loera Efrain -- None Available
Loera Efrain $408,000 Chicago Title Insurance Co
Loera Efrain -- Chicago Title Insurance Co
Loera Efrain -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ville Rose Apartments Llc $150,000
Previous Owner Loera Efrain $326,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $236,000 +3.1% $63 / Sq Ft
01/18/2013 01/18/13 Pending -- -- --
01/13/2013 01/13/13 For Sale $229,000 -- $61 / 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 $1,751 $17,834 -- --
2024 $1,765 $16,985 -- --
2023 $1,765 $59,730 $11,940 $47,790
2022 $1,728 $45,510 $9,100 $36,410
2021 $1,750 $39,470 $7,890 $31,580
2020 $1,727 $35,080 $7,010 $28,070
2019 $1,613 $29,370 $5,870 $23,500
2018 $1,548 $25,970 $5,190 $20,780
2017 $1,502 $22,670 $4,530 $18,140
2016 $1,474 $20,570 $4,110 $16,460
2015 $1,386 $19,620 $3,920 $15,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4874419

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-07-178