NOT LISTED FOR SALE

1440 N 54th Ln Unit 683 Phoenix, AZ 85043

Estimated Value: $139,109 - $166,000

2 Beds
1 Bath
850 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 05, 2013

Last sale price $90,000 $106 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $852/month

12 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of July 2013

This is a four unit sale with all units vacant and located in the same development. Properties consist of 4 non-adjacent residential condos. Three of them are two stories including one 3 bedroom 1 bath condo and three 2 bedroom 1 bath conds. All properties need repairs averaging around $6000 each unit. Foreclosure sale, as-is, bank owned properties:
Property Addresses:
1440 N 54TH LN
PHOENIX, AZ 85043
1450 N 54TH AVE
PHOENIX, AZ 85043
1458 N 54TH LN
PHOENIX, AZ 85043
1455 N 54TH LN
PHOENIX, AZ 85043
Buyer to verify all facts.

Last Agent to Sell the Property

Geoffrey Adams

Realty ONE Group License #BR627564000 Listed on: 06/07/2013

Last Buyer's Agent

Geoffrey Adams

Realty ONE Group License #BR627564000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,172

Year Built

  • Built in 1972

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Schools

  • Phoenix Prep Academy Elementary School
  • Phoenix Prep Academy High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, water, sewer
  • Tax Lot 693
  • Assessor Parcel Number 103-30-057

Community Details

Overview

  • 10 Buildings
  • 4 Units
  • Building Dimensions are 716
  • Hallcraft Villas West #6 Subdivision

Building Details

  • Operating Expense $1,277

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,172

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: 55th Ave and McDowell
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 10
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2012
  • Directions: Go south through gate
  • Road Surface Type: Asphalt
  • Subdivision Name: Hallcraft Villas West #6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Other (See Remarks), Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Phoenix Prep Academy
  • High School: Phoenix Prep Academy
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 716
  • Additional Parcels: Yes
  • Parcel #: 103-30-057

Multi Family

  • Owner Pays: None
  • Tenant Pays: Electricity, Water, Sewer
  • Number Of Units Total: 4
  • Annual Operating Expense: 1277.0

Tax Info

  • Tax Annual Amount: 1172.0
  • Tax Book Number: 103.00
  • Tax Lot: 693

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2013
Closed on
Jul 16, 2013
Sold by
Atlas Residental Llc
Bought by
Powerhouse Investment Group Llc
Seller's Agent
Geoffrey Adams
Realty ONE Group
Buyer's Agent
Geoffrey Adams
Realty ONE Group
List Price
$69,000
Sold Price
$90,000
Premium/Discount to List
$21,000
30.43%
Current Estimated Value
$154,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,277
Avg. Annual Appreciation
4.84%

Purchase Details

Listed on
Jun 7, 2013
Closed on
Jul 1, 2013
Sold by
Bayview Loan Servicing Llc
Bought by
Atlas Residential Llc
Seller's Agent
Geoffrey Adams
Realty ONE Group
Buyer's Agent
Geoffrey Adams
Realty ONE Group
List Price
$69,000
Sold Price
$90,000
Premium/Discount to List
$21,000
30.43%

Purchase Details

Closed on
May 26, 2005
Sold by
Jasmine Enterprises Llc
Bought by
White Gregory S

Purchase Details

Closed on
Sep 27, 2004
Sold by
Bay Beach Ii Llc
Bought by
Jasmine Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
5.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 6, 2000
Sold by
Olcott Jonathan
Bought by
Baby Beach Ii

Purchase Details

Closed on
Sep 3, 1999
Sold by
Callahan Richard W and Callahan Judith A
Bought by
Olcott Jonathan

Purchase Details

Closed on
Jun 2, 1998
Sold by
State Street Bank & Trust Co
Bought by
Callahan Richard W and Callahan Judith A

Purchase Details

Closed on
Nov 5, 1997
Sold by
Moran Trace D
Bought by
State Street Bank & Trust Co
Source: Public Records

Range of Values:

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Average Value
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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
Powerhouse Investment Group Llc $105,000 Empire West Title Agency
Atlas Residential Llc $90,000 First American Title Ins Co
White Gregory S $300,000 Stewart Title & Trust Of Pho
Jasmine Enterprises Llc $28,000 --
Baby Beach Ii -- --
Olcott Jonathan $18,000 Stewart Title & Trust
Callahan Richard W $14,000 First American Title
State Street Bank & Trust Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jasmine Enterprises Llc $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2013 07/05/13 Sold $90,000 +30.4% $106 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $69,000 -- $81 / 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 $448 $2,634 -- --
2024 $458 $2,509 -- --
2023 $458 $8,950 $1,790 $7,160
2022 $432 $6,800 $1,360 $5,440
2021 $438 $6,150 $1,230 $4,920
2020 $415 $4,980 $990 $3,990
2019 $397 $4,410 $880 $3,530
2018 $413 $3,670 $730 $2,940
2017 $399 $3,000 $600 $2,400
2016 $382 $2,550 $510 $2,040
2015 $356 $2,110 $420 $1,690
Source: Public Records

Agents Affiliated with this Home

  • Geoffrey Adams

    Seller's Agent in 2013

    Geoffrey Adams

    Realty One Group

    (480) 405-1705

    399 Total Sales

    Geoffrey Adams
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4949217

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-30-057

Arizona Maricopa County Phoenix 85043

1440 N 54th Ln Unit 683, Phoenix, AZ

This home is located at 1440 N 54th Ln Unit 683, Phoenix, AZ 85043 since 07 June 2013 and is currently estimated at $154,277, approximately $181 per square foot. This property was built in 1972. 1440 N 54th Ln Unit 683 is a home located in Maricopa County with nearby schools including Bret R. Tarver Leadership Academy, Marc T. Atkinson Middle School, and Raul H. Castro Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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