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Seller's Agent in 2020
Kelly McCormack
West USA Realty
1501 E Roosevelt St Phoenix, AZ 85006
Garfield NeighborhoodEstimated Value: $748,000 - $864,000
Studio
--
Bath
2,600
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Multiple cooling system units
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of April 2020Completely Remodeled 4-Plex with strong rents that wont disappoint you! Seller has spent over $100k in upgrades starting with all New HVAC units by City of Phoenix through the Energize program in 2012 spending $25k, then in 2013 City Of Phoenix Rental Rehabilitation Program spent $75K which included New Roof, New plumbing, New Electrical, New Kitchen cabinets, New Paint and New Flooring. Seller also installed a large RV gate that only tenants have access for additional parking. Great money maker. All units have signed leases with 2 tenants in the process of moving in the units in the next 2 weeks. Owner is currently collecting $3838 per month in rents and rent will increase to $3943 in June 2020. Great opportunity! Everything updated so nothing to do but sit back and collect rents!
Last Agent to Sell the Property
Kelly McCormack
West USA Realty License #SA529500000 Listed on: 03/28/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,549
Year Built
- Built in 1979
Lot Details
- 6,752
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
Flooring
- Wood Flooring
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Assigned Parking
Schools
- Phoenix Prep Academy Elementary School
- Phoenix Union Bioscience High Middle School
- Phoenix Union Bioscience High School
Utilities
- Multiple cooling system units
- Central Air
- Heating Available
- Master Water Meter
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 14
- Assessor Parcel Number 116-19-129
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
- Kleck Tract Subdivision
Building Details
- Operating Expense $5,797
- Gross Income $45,897
- Net Operating Income $37,307
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
Jan 24, 2023
Sold by
Bought by
Current Estimated Value
Purchase Details
Closed on
Nov 30, 2022
Sold by
Bought by
Purchase Details
Listed on
Mar 28, 2020
Closed on
Mar 6, 2020
Sold by
Bought by
Seller's Agent
Kelly McCormack
West USA Realty
Buyer's Agent
Chris Scott
HomeSmart
List Price
$550,000
Sold Price
$550,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$275,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 15, 2019
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
$704,600
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Apr 18, 2014
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
$51,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 2, 2013
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
$47,300
Interest Rate
3.51%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 19, 2011
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
$39,500
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 27, 2010
Sold by
Bought by
Purchase Details
Closed on
Sep 16, 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
$156,543
Interest Rate
5.94%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 13, 2002
Sold by
Bought by
Purchase Details
Closed on
Aug 28, 2002
Sold by
Bought by
Purchase Details
Closed on
Mar 26, 2002
Sold by
Bought by
Purchase Details
Closed on
Mar 18, 2002
Sold by
Bought by
Purchase Details
Closed on
Mar 1, 2002
Sold by
Bought by
Purchase Details
Closed on
Jan 22, 2002
Sold by
Bought by
Purchase Details
Closed on
Dec 3, 1999
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
$86,250
Interest Rate
10.5%
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | -- | ||
| -- | None Listed On Document | ||
| $550,000 | Equity Title | ||
| -- | Pioneer Title Agency Inc | ||
| -- | Pioneer Title Agency Inc | ||
| -- | Pioneer Title Agency Inc | ||
| -- | Grand Canyon Title Agency | ||
| -- | Great American Title Agency | ||
| $157,665 | Great American Title | ||
| $159,000 | Century Title Agency Inc | ||
| -- | Stewart Title & Trust | ||
| -- | Stewart Title & Trust | ||
| $130,000 | Stewart Title & Trust | ||
| -- | Stewart Title & Trust | ||
| -- | Stewart Title & Trust | ||
| -- | -- | ||
| -- | Fidelity National Title |
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 |
|---|---|---|---|
| Previous Owner | $275,000 | ||
| Previous Owner | $704,600 | ||
| Previous Owner | $51,000 | ||
| Previous Owner | $47,300 | ||
| Previous Owner | $39,500 | ||
| Previous Owner | $156,543 | ||
| Previous Owner | $86,250 |
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 |
|---|---|---|---|---|
| 04/03/2020 04/03/20 | Sold | $550,000 | 0.0% | $212 / Sq Ft |
| 02/26/2020 02/26/20 | Pending | -- | -- | -- |
| 02/25/2020 02/25/20 | For Sale | $550,000 | -- | $212 / 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 | $1,718 | $12,096 | -- | -- |
| 2024 | $1,602 | $11,520 | -- | -- |
| 2023 | $1,602 | $48,510 | $9,700 | $38,810 |
| 2022 | $1,545 | $33,930 | $6,780 | $27,150 |
| 2021 | $1,533 | $28,110 | $5,620 | $22,490 |
| 2020 | $1,551 | $26,180 | $5,230 | $20,950 |
| 2019 | $1,549 | $19,160 | $3,830 | $15,330 |
| 2018 | $1,522 | $15,450 | $3,090 | $12,360 |
| 2017 | $1,487 | $14,070 | $2,810 | $11,260 |
| 2016 | $1,444 | $11,620 | $2,320 | $9,300 |
| 2015 | $1,336 | $11,110 | $2,220 | $8,890 |
Source: Public Records
Agents Affiliated with this Home
-
-
Chris Scott
Buyer's Agent in 2020
Chris Scott
HomeSmart
(602) 321-4163
2 in this area
56 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6041921
APN: 116-19-129
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.
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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