NOT LISTED FOR SALE

Estimated Value: $289,000 - $745,000

Studio
2 Baths
900 Sq Ft
$580/Sq Ft Est. Value

Sale Details

Date Sold: March 17, 2017

Last sale price $280,000 $311 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,024 / mo

6 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of March 2017

Location – Location! - this beauty is part of the Margarita Place Historic District with great visibility and high density R-5 zoning. Could be re-zoned for commercial use like many of it's neighbors. It enjoys high demand from the downtown-loving tenant base with arts and entertainment hubs very close. Phoenix College is across the street. St Joseph's Hospital is just down the road. The units are spacious with two 1-bed units and two 2-bed/2-bath units! Tile floors, newer roof, ACs, plumbing, and electric make this an easy keeper

Last Agent to Sell the Property

Mark Skelpsa

HomeSmart Realty License #SA642313000 Listed on: 02/05/2017

Co-Listed By

Terry Kass

Coldwell Banker Commercial Realty License #BR503783000

Last Buyer's Agent

Susan Nicolson

Sun Cactus Realty License #SA537939000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,810

Year Built

  • Built in 1960

Lot Details

  • 6,055

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 3 Open Parking Spaces
  • 7 Parking Spaces
  • 4 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 9
  • Assessor Parcel Number 111-47-007

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Margarita Place Subdivision

Building Details

  • Operating Expense $1,810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,810

Year Built

Built in 1960

Lot Details

6,055 Sq Ft Lot

Listing Details

  • Cross Street: 15th Ave and Thomas Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1960
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: gpci01
  • Co List Office Phone: 602-703-5277
  • Subdivision Name: MARGARITA PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, 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

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 111-47-007

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Operating Expense: 1810.0

Tax Info

  • Tax Annual Amount: 1810.0
  • Tax Book Number: 111.00
  • Tax Lot: 9

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
Sep 9, 2020
Sold by
Bought by
Current Estimated Value
$521,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2020
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
$270,000
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2017
Closed on
Mar 18, 2017
Sold by
Bought by
Seller's Agent
Mark Skelpsa
HomeSmart Realty
Buyer's Agent
Susan Nicolson
Sun Cactus Realty
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$210,000
Interest Rate
0.0419%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 5, 2017
Closed on
Feb 15, 2017
Sold by
Bought by
Seller's Agent
Mark Skelpsa
HomeSmart Realty
Buyer's Agent
Susan Nicolson
Sun Cactus Realty
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
0.0419%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 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
$174,000
Interest Rate
0.0418%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2009
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
$147,750
Interest Rate
0.0471%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2009
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
$147,750
Interest Rate
0.0471%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 2009
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
$147,750
Interest Rate
0.0471%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 4, 2006
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
$262,800
Interest Rate
0.03%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 28, 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
$225,000
Interest Rate
0.0612%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 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
$225,000
Interest Rate
0.0612%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 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
$225,000
Interest Rate
0.0612%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 5, 2001
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
$152,000
Interest Rate
0.0663%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 1997
Sold by
Bought by

Purchase Details

Closed on
Dec 19, 1996
Sold by
Bought by
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
-- Lawyers Title Of Arizona Inc
-- Accommodation
-- Accommodation
$280,000 Lawyers Title Of Arizona Inc
$232,000 Chicago Title Agency Inc
-- Lawyers Title Of Arizona Inc
-- Lawyers Title Of Arizona Inc
$197,000 Lawyers Title Of Arizona Inc
$197,000 Lawyers Title Of Arizona Inc
-- None Available
$328,500 Stewart Title & Trust Of Pho
-- --
$250,000 Capital Title Agency Inc
-- Capital Title Agency Inc
-- Transnation Title Insurance
$190,000 North American Title Agency
-- North American Title Agency
$126,700 --
$65,000 Fidelity Title
-- Security Title Agency
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 $270,000
Previous Owner $210,000
Previous Owner $174,000
Previous Owner $147,750
Previous Owner $262,800
Previous Owner $225,000
Previous Owner $170,000
Previous Owner $152,000
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
03/17/2017 03/17/17 Sold $280,000 0.0% $311 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $280,000 0.0% $311 / Sq Ft
05/15/2014 05/15/14 Rented $795 -5.9% --
05/09/2014 05/09/14 Under Contract -- -- --
12/04/2013 12/04/13 For Rent $845 0.0% --
10/31/2013 10/31/13 Sold $232,000 -6.8% $258 / Sq Ft View Prior Sale
05/25/2013 05/25/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $249,000 -- $277 / 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 $2,154 $15,162
2024 $2,008 $14,440
2023 $2,008 $54,410 $10,880 $43,530
2022 $1,937 $33,000 $6,600 $26,400
2021 $1,922 $31,130 $6,220 $24,910
2020 $1,944 $26,550 $5,310 $21,240
2019 $1,941 $24,310 $4,860 $19,450
2018 $1,908 $23,080 $4,610 $18,470
2017 $1,863 $19,620 $3,920 $15,700
2016 $1,810 $15,080 $3,010 $12,070
2015 $1,675 $12,420 $2,480 $9,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5556877

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-47-007

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