NOT LISTED FOR SALE

Estimated Value: $418,747 - $545,000

Studio
-- Bath
1,736 Sq Ft
$270/Sq Ft Est. Value

Sale Details

Date Sold: February 22, 2018

Last sale price $210,000 $121 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,588 / mo

51 Days on Market

Highlights

  • Cooling Available
  • Sunnyslope High School Rated A
  • Individual Controls for Heating

About This Home

As of February 2018

Great investment opportunity located in north central Phoenix.5 separate duplexes, each on their own individual parcel.It is located on a quiet, clean street with
nice mountain views,minutes from multiple hiking trails and
mountain preserves/parks, including North Mountain Park and Dreamy
Draw Recreation Area. The location is extremely central and allows
residents to enjoy so much of what central Phoenix has to
offer.With many dining,shopping & entertainment options, as well
as the 51 FWY close by,this
property offers a very desirable location for residents and has
consistently stayed fully occupied.
Every unit is a 2/1.Having separate parcels allows an investor to sell them off individually.Each unit is individually metered for
electric & each duplex has its own water meter and

Last Agent to Sell the Property

Patrick Burch

ABI Multifamily License #BR515118000 Listed on: 12/12/2017

Co-Listed By

John Klocek

ABI Multifamily License #SA657592000

Last Buyer's Agent

Joseph Sisneros

RE/MAX Elite License #BR557584000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $929

Year Built

  • Built in 1980

Lot Details

  • 6,403

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 8
  • Assessor Parcel Number 159-29-054

Community Details

Overview

  • 2 Units
  • Building Dimensions are 84x75
  • Mountain Village Tr Subdivision

Building Details

  • Operating Expense $3,750
  • Gross Income $18,848
  • Net Operating Income $14,673

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$929

Year Built

Built in 1980

Lot Details

6,403 Sq Ft Lot

Listing Details

  • Cross Street: 14th St. and Dunlap
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: MOUNTAIN VILLAGE TR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Lot Info

  • Lot Size: 84x75
  • Additional Parcels: No
  • Parcel #: 159-29-054

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 18848.0
  • Property Net Operating Income: 14673.0
  • Annual Operating Expense: 3749.94
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 928.94
  • Tax Book Number: 159.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
Nagel Daniel A
Bought by
Daniel A Nagel Living Trust and Charene S Nagel Living Trust
Current Estimated Value
$468,437

Purchase Details

Closed on
Oct 5, 2020
Sold by
Nagel Daniel A
Bought by
Nagel Daniel A and Nagel Charene S

Purchase Details

Listed on
Dec 12, 2017
Closed on
Jan 30, 2018
Sold by
Rodaway Gene E
Bought by
Nagel Daniel A
Seller's Agent
Patrick Burch
ABI Multifamily
Buyer's Agent
Joseph Sisneros
RE/MAX Elite
List Price
$240,000
Sold Price
$210,000
Premium/Discount to List
-$30,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%

Purchase Details

Closed on
Jul 15, 2016
Sold by
Palich Milomir
Bought by
Rodaway Gene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2014
Sold by
Palich Milomir
Bought by
Palich Milomir and Milomir Palich Living Trust
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
Daniel A Nagel Living Trust -- None Listed On Document
Nagel Daniel A -- None Available
Nagel Daniel A $800,000 Lawyers Title Of Arizona Inc
Rodaway Gene E $870,000 Driggs Title Agency Inc
Palich Milomir -- None Available
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 Rodaway Gene E $609,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2018 02/22/18 Sold $210,000 -8.7% $121 / Sq Ft
01/21/2018 01/21/18 Pending -- -- --
01/12/2018 01/12/18 Price Changed $230,000 -4.2% $132 / Sq Ft
12/01/2017 12/01/17 For Sale $240,000 -- $138 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,082 $8,513 -- --
2024 $1,022 $8,108 -- --
2023 $1,022 $29,520 $5,900 $23,620
2022 $989 $23,300 $4,660 $18,640
2021 $1,002 $21,160 $4,230 $16,930
2020 $977 $18,970 $3,790 $15,180
2019 $959 $13,780 $2,750 $11,030
2018 $934 $11,710 $2,340 $9,370
2017 $929 $9,270 $1,850 $7,420
2016 $912 $8,550 $1,710 $6,840
2015 $845 $8,300 $1,660 $6,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5697919

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-29-054

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