NOT LISTED FOR SALE

Estimated Value: $408,729 - $443,000

-- Bed
2 Baths
1,428 Sq Ft
$298/Sq Ft Est. Value

Last Sold June 10, 2019

Last sale price $250,000 $175 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,358/month

46 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of June 2019

Rebuilt from the foundation up in 2017! These units were done right and they are Beautiful!
Low Maintenance for Years to Come!
This is a Nearly New Duplex!
2 bedroom 1 Bath Super Spacious Units.
Fully Occupied.
Beautiful White Cabinets, All Appliances, Tile Flooring Throughout, Covered Patio, Desert Landscape...Huge Coverd Patio for each unit!
Enjoy A Turn Key, Low Maintenance, Investment!
Or Occupy One Unit and Let the 2nd Unit Pay Your Mortgage!
Close to Downtown this is the Perfect Location.

Last Agent to Sell the Property

Lisa Wade

Realty ONE Group License #SA633749000 Listed on: 03/15/2019

Co-Listed By

Kurt Kominski

Realty ONE Group License #BR637651000

Last Buyer's Agent

Ovidiu Popa

My Home Group Real Estate License #SA564463000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,364

Year Built

  • Built in 2017

Lot Details

  • 6,360

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 5 / 2
  • Assessor Parcel Number 105-02-212

Community Details

Overview

  • 2 Units
  • Building Dimensions are 126.78 by 50
  • Texas Place Subdivision

Building Details

  • Operating Expense $3,064
  • Gross Income $21,660
  • Net Operating Income $19,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,364

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Cross Street: 15TH AVENUE & BUCKEYE ROAD
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Rental Res.
  • Number Of Buildings: 1
  • Year Built: 2017
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reog03
  • Co List Office Phone: 623-236-1414
  • Subdivision Name: TEXAS PLACE
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

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

Garage/Parking

  • 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:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Breakfast Bar2: Yes

Fee Information

  • Trash Expense: 480.0
  • Annual Water Sewer Expense: 720.0

Lot Info

  • Lot Size: 126.78 by 50
  • Additional Parcels: No
  • Parcel #: 105-02-212

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 21660.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 19960.0
  • Annual Operating Expense: 3064.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1364.0
  • Tax Block: 2
  • Tax Book Number: 105.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
Jun 17, 2019
Sold by
Garcia Jamie E
Bought by
Francis Khori and Thompson Nicole
Seller's Agent
Lisa Wade
Realty ONE Group
Buyer's Agent
Ovidiu Popa
My Home Group Real Estate
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Current Estimated Value
$423,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,661
Avg. Annual Appreciation
8.84%
Original Mortgage
$239,837
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Listed on
Mar 15, 2019
Closed on
Jun 13, 2019
Sold by
Camargo Elizabeth
Bought by
Garcia Jaime E
Seller's Agent
Lisa Wade
Realty ONE Group
Buyer's Agent
Ovidiu Popa
My Home Group Real Estate
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,837
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Closed on
Sep 2, 2016
Sold by
Garcua Miguel
Bought by
Garcia Jamie E

Purchase Details

Closed on
Apr 13, 2016
Sold by
Herrera Araceli
Bought by
Garcia Miguel

Purchase Details

Closed on
Jul 7, 2003
Sold by
Desert Sky Acquisitions Llc
Bought by
Rey Shelba and Delmore Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 11, 2002
Sold by
Property Results Llc
Bought by
Desert Sky Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.17%

Purchase Details

Closed on
Aug 29, 2002
Sold by
Rodgers Fox Matti Lee
Bought by
Property Results Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.17%
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
Francis Khori $250,000 Equity Title Agency Inc
Garcia Jaime E -- Equity Title Agency Inc
Garcia Jamie E -- None Available
Garcia Miguel -- Empire West Title Agency
Garcia Miguel $40,000 Empire West Title Agency
Morando Joseph -- Empire West Title Agency
Morando Joseph $28,000 Empire West Title Agency Llc
Rey Shelba -- Security Title Agency
Rey Shelba $75,000 Security Title Agency
Desert Sky Acquisitions Llc $30,000 Century Title Agency Inc
Property Results Llc $24,000 Century Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Khori $239,837
Previous Owner Rey Shelba $60,000
Previous Owner Desert Sky Acquisitions Llc $30,000
Closed Rey Shelba $11,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2019 06/10/19 Sold $250,000 0.0% $175 / Sq Ft
04/04/2019 04/04/19 Price Changed $250,000 +2.0% $175 / Sq Ft
03/14/2019 03/14/19 For Sale $245,000 -- $172 / 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 $1,449 $10,837 -- --
2024 $1,435 $10,321 -- --
2023 $1,435 $24,160 $4,830 $19,330
2022 $1,384 $16,780 $3,350 $13,430
2021 $1,374 $13,810 $2,760 $11,050
2020 $1,390 $11,650 $2,330 $9,320
2019 $1,387 $10,580 $2,110 $8,470
2018 $1,364 $7,150 $1,430 $5,720
2017 $460 $5,870 $1,170 $4,700
2016 $447 $5,630 $1,120 $4,510
2015 $360 $4,500 $900 $3,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5896660

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-02-212