NOT LISTED FOR SALE
1 Bed
1 Bath
500 Sq Ft
0.96 Acre Lot

Sale Details

Date Sold: March 16, 2015

Last sale price $1,200,000 $2,400 Per Sq Ft

Highlights

  • Individual Controls for Heating
  • Sunnyslope High School Rated A
  • 5-minute walk to Sunnyslope Rock Garden

About This Home

As of March 2015

Awesome opportunity! Rehabbed units that were well cared for and maintained. All units have A/C's. Single story
building is currently master metered. There are 2 coin operated washer and dryers for added income! This is a great
investment located near the North Mountains.

Last Agent to Sell the Property

Terry Kass

Coldwell Banker Commercial Realty License #BR503783000 Listed on: 03/04/2015

Coldwell Banker Commercial Realty

Last Buyer's Agent

L Head

Gerchick Real Estate License #SA557715000

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,602

Year Built

  • Built in 1980

Lot Details

  • 0.96

Home Design

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

Parking

  • 25 Open Parking Spaces
  • 43 Parking Spaces
  • 18 Covered Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 24
  • Assessor Parcel Number 159-29-015

Community Details

Overview

  • 2 Buildings
  • 25 Units
  • Building Dimensions are 150x280

Building Details

  • Operating Expense $63,102
  • Gross Income $147,143
  • Net Operating Income $80,176

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,602

Year Built

Built in 1980

Lot Details

0.96 Acres

Listing Details

  • Cross Street: CAVE CREEK & DUNLAP
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1980
  • Tax Year: 2014
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 10000.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 18.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 43.0
  • General Property Description:Covered Parking Spcs: 18.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 43.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: 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

Fee Information

  • Annual Water Sewer Expense: 18000.0

Lot Info

  • Lot Size: 150x280
  • Additional Parcels: No
  • Parcel #: 159-29-015

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 25
  • Electric Expense: 12000.0
  • Annual Gross Income: 147142.8
  • Insurance Expense: 5000.0
  • Maintenance Expense: 12000.0
  • Property Net Operating Income: 80176.0
  • Annual Operating Expense: 63101.51
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 2601.51
  • Tax Book Number: 159.00
  • Tax Lot: 24

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Central, AZ

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,700,000 American Title Svc Agcy Llc
1725 W Vogel Llc $2,250,000 American Title Svc Agcy Llc
Zuckerman David -- American Title Svc Agcy Llc
Mt Crescent Llc $1,545,000 Fidelity National Title Agen
Markowski Dustin -- None Available
1448 & 1452 E Cinnabar Properties Llc -- Chicago Title Agency Inc
Markowski Dustin -- Chicago Title Agency Inc
Markowski Dustin -- Chicago Title Agency Inc
1448 & 1452 E Cinnabar Properties Llc -- None Available
Markowski Dustin $1,200,000 Empire West Title Agency
Markowski Dustin -- Empire West Title Agency
Firmus Financial Llc $700,000 Chicago Title Agency Inc
Viola Carmelo John -- Chicago Title Agency Inc
Viola Carmelo John $834,000 Chicago Title Agencyinc
Cinnabar Investments Llc $560,000 Lawyers Title Of Arizona Inc
Hall Dennis -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,079,000
Closed Aspire Preserve Llc $3,175,000
Previous Owner 1725 W Vogel Llc $225,000
Previous Owner 1725 W Vogel Llc $1,462,500
Previous Owner Markowski Dustin $875,000
Previous Owner Markowski Dustin $700,000
Previous Owner Firmus Financial Llc $500,000
Previous Owner Cinnabar Investments Llc $420,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2015 03/16/15 Sold $1,200,000 0.0% $2,400 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $1,200,000 0.0% $2,400 / Sq Ft
02/27/2015 02/27/15 Sold $1,200,000 0.0% $2,400 / Sq Ft View Prior Sale
01/22/2015 01/22/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $1,200,000 +71.4% $2,400 / Sq Ft
07/31/2013 07/31/13 Sold $700,000 -17.6% $1,400 / Sq Ft View Prior Sale
07/16/2013 07/16/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $850,000 +1.9% $1,700 / Sq Ft
01/02/2013 01/02/13 Sold $834,000 -3.5% $1,668 / Sq Ft View Prior Sale
12/02/2012 12/02/12 Pending -- -- --
05/28/2012 05/28/12 For Sale $864,000 -- $1,728 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,614 $75,650
2024 $9,084 $72,048
2023 $9,084 $297,380 $59,470 $237,910
2022 $8,788 $224,600 $44,920 $179,680
2021 $8,901 $154,160 $30,830 $123,330
2020 $8,679 $129,830 $25,960 $103,870
2019 $8,520 $119,230 $23,840 $95,390
2018 $8,297 $86,880 $17,370 $69,510
2017 $8,255 $77,470 $15,490 $61,980
2016 $7,277 $72,760 $14,550 $58,210
2015 $2,953 $58,820 $11,760 $47,060
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5244931

Arizona Regional Multiple Listing Service (ARMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.