NOT LISTED FOR SALE

Estimated Value: $690,000 - $845,000

Studio
-- Bath
2,377 Sq Ft
$326/Sq Ft Est. Value

Sale Details

Date Sold: November 20, 2015

Last sale price $190,000 $80 Per Sq Ft

Est. 308% increase in value since last sale

Current estimated payment $4,275 / mo

353 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • 4-minute walk to Virginia Park
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of November 2015

Back on the Market! ONLY 50K per door!

Studio are renting for $495 to $550!

One bedrooms renting for $675 & $695.

All units are individually metered for electric.

Must be sold with 1505 East Harvard, see listing 5203599. Please don't disturb tenants.

Last Agent to Sell the Property

Brenda Nath

HN Management License #BR651691000 Listed on: 11/23/2014

Co-Listed By

Swapnadeep Nath

Renvy Property Management License #BR657689000

Last Buyer's Agent

Eric Ford

My Home Group Real Estate License #SA640295000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $864

Year Built

  • Built in 1949

Lot Details

  • 6,926

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Free Parking
  • On-Street Parking

Schools

  • Whittier Elementary School - Phoenix
  • North High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for gas, trash collection, water, sewer, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 117-19-009

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6943
  • Lloyd Place Subdivision

Building Details

  • Operating Expense $10,664
  • Gross Income $26,342
  • Net Operating Income $17,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$864

Year Built

Built in 1949

Lot Details

6,926 Sq Ft Lot

Listing Details

  • Cross Street: 16th Street & Thomas
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: 4-plex
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1949
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2400.0
  • Co List Office Mls Id: sams01
  • Co List Office Phone: 602-448-9110
  • Subdivision Name: Lloyd Place
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Concrete
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Brick
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free, Add'l Parking Avail, Street Parking
  • 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:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Other, See Remarks, Central A/C, Heat Pump, Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Fuel Expense: 1000.0
  • Trash Expense: 900.0
  • Annual Water Sewer Expense: 1400.0

Schools

  • Elementary School: Whittier Elementary School - Phoenix
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Whittier Elementary School - Phoenix

Lot Info

  • Lot Size: 6943
  • Additional Parcels: No
  • Parcel #: 117-19-009

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 250.0
  • Annual Gross Income: 26342.4
  • Insurance Expense: 1200.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 17940.0
  • Annual Operating Expense: 10664.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 864.0
  • Tax Book Number: 117.00
  • Tax Lot: 1

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2017
Sold by
Bought by
Current Estimated Value
$774,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Outstanding Balance
$162,566
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$612,101

Purchase Details

Listed on
Nov 23, 2014
Closed on
Nov 18, 2015
Sold by
Bought by
Seller's Agent
Brenda Nath
HN Management
Buyer's Agent
Eric Ford
My Home Group Real Estate
List Price
$240,000
Sold Price
$190,000
Premium/Discount to List
-$50,000
-20.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%

Purchase Details

Listed on
Nov 23, 2014
Closed on
Nov 17, 2015
Sold by
Bought by
Seller's Agent
Brenda Nath
HN Management
Buyer's Agent
Eric Ford
My Home Group Real Estate
List Price
$240,000
Sold Price
$190,000
Premium/Discount to List
-$50,000
-20.83%

Purchase Details

Closed on
Feb 10, 2011
Sold by
Bought by

Purchase Details

Closed on
May 12, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 10, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,050
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,050
Interest Rate
7.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,950
Interest Rate
8.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,950
Interest Rate
8.25%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$437,500 Thomas Title & Escrow
$380,000 Driggs Title Agency Inc
-- Driggs Title Agency Inc
-- Driggs Title Agency Inc
-- None Available
-- None Available
$228,000 Stewart Title & Trust Of Pho
$161,000 Stewart Title & Trust Of Pho
$45,750 Transnation Title Ins Co
$38,500 First Service Title Agency I
-- --
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 $194,000
Previous Owner $182,400
Previous Owner $148,050
Previous Owner $45,050
Previous Owner $26,950
Closed $22,800
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
11/20/2015 11/20/15 Sold $190,000 -20.8% $80 / Sq Ft
11/11/2015 11/11/15 Pending -- -- --
11/23/2014 11/23/14 For Sale $240,000 -- $101 / 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 $1,088 $7,658 -- --
2024 $1,014 $7,293 -- --
2023 $1,014 $51,080 $10,210 $40,870
2022 $978 $31,100 $6,220 $24,880
2021 $971 $24,660 $4,930 $19,730
2020 $982 $18,000 $3,600 $14,400
2019 $980 $14,620 $2,920 $11,700
2018 $964 $11,520 $2,300 $9,220
2017 $941 $11,400 $2,280 $9,120
2016 $914 $9,710 $1,940 $7,770
2015 $846 $8,280 $1,650 $6,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5203598

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-19-009

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