NOT LISTED FOR SALE

Estimated Value: $700,000 - $909,000

4 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold October 30, 2020

Last sale price $625,000

Est. 35% increase in value since last sale

Current estimated payment $4,825/month

3 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of October 2020

Be the Landlord of a successful AirBNB. This property had almost 250K of work done and it shows! Garfield Historic District! The muriels were done by renowned Phx Artist-Bacpac. You have to see this to believe it! Be the Landlord with this 4 plex. Turnkey w/maid across the street. Any future bookings will convey.Also has permanent tenants-best of both worlds.Absolutely a must see & I can arrange this! Buyer to verify all facts and figures.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 09/15/2020

Last Buyer's Agent

John Gluch

eXp Realty License #SA573605000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,303

Year Built

  • Built in 1948

Lot Details

  • 6,970

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 4
  • Assessor Parcel Number 116-18-003

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 100x70
  • Barkley Place Subdivision

Building Details

  • Operating Expense $1,303

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,303

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: 16th St and Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Year Built: 1948
  • Tax Year: 2020
  • Directions: 16th Street South to Fillmore and west to Property. Property is on the south side of the street.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Subdivision Name: BARKLEY PLACE
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm, Sch of Personal Prop
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: 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:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Heat Pump, Ceiling Fan(s)
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: 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:Shutters2: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Interior Amenities:Drapes2: Yes
  • Interior Amenities:Partially Furnished: Yes

Lot Info

  • Lot Size: 100x70
  • Additional Parcels: No
  • Parcel #: 116-18-003

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1303.0

Tax Info

  • Tax Annual Amount: 1303.0
  • Tax Book Number: 116.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Setty Sabitha Shella
Bought by
Fillmore Llc
Current Estimated Value
$845,857

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 28, 2020
Sold by
Welthy Nora
Bought by
Setty Sabitha Sheela
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
John Gluch
eXp Realty
List Price
$695,000
Sold Price
$625,000
Premium/Discount to List
-$70,000
-10.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$450,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2004
Sold by
Bridge Builder One Llc
Bought by
Welthy Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,935
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2002
Sold by
Schaefer Richard J and Schaefer Ramona L
Bought by
Bridge Builder One Llc

Purchase Details

Closed on
Mar 19, 2001
Sold by
Medigovich Mitchel S
Bought by
Northwestern Trust Company

Purchase Details

Closed on
Oct 4, 2000
Sold by
Johnston Ronnie L and Johnston Janice J
Bought by
B & Son Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,484
Interest Rate
7.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 15, 1982
Sold by
Carrizo Corp
Bought by
Phelps Thomas A and Phelps Sandra J

Purchase Details

Closed on
Jan 17, 1973
Sold by
Tokar Joseph F and Tokar Mildred H
Bought by
Rooney John P and Rooney Beverly A
Source: Public Records

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Range of Values:

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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
Fillmore Llc -- None Available
Setty Sabitha Sheela $625,000 Empire West Title Agency Llc
Welthy Nora $179,900 Commerce Title Co
Bridge Builder One Llc -- --
Northwestern Trust Company -- --
B & Son Properties Inc $150,000 Security Title Agency
Phelps Thomas A -- --
Rooney John P -- Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Setty Sabitha Sheela $450,000
Previous Owner Welthy Nora $248,778
Previous Owner Welthy Nora $250,000
Previous Owner Welthy Nora $116,935
Previous Owner B & Son Properties Inc $24,484
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $625,000 -10.1% --
09/18/2020 09/18/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $695,000 -- --
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 $1,359 $10,159 -- --
2024 $1,345 $9,676 -- --
2023 $1,345 $57,780 $11,550 $46,230
2022 $1,298 $33,890 $6,440 $27,450
2021 $1,288 $27,550 $5,240 $22,310
2020 $1,303 $22,880 $4,350 $18,530
2019 $1,301 $17,860 $3,390 $14,470
2018 $1,278 $14,730 $2,800 $11,930
2017 $1,249 $14,440 $2,740 $11,700
2016 $1,213 $11,360 $2,160 $9,200
2015 $1,122 $9,700 $1,840 $7,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6132220

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-18-003