NOT LISTED FOR SALE

Estimated Value: $368,000 - $979,000

-- Bed
6 Baths
2,839 Sq Ft
$249/Sq Ft Est. Value

Last Sold September 10, 2013

Last sale price $120,000 $42 Per Sq Ft

Est. 489% increase in value since last sale

Current estimated payment $3,840/month

115 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of September 2013

Updated/remodeled, in mostly good condition. Newer interiors, HVAC, etc. Would not take much to make these rent ready. Large unit in back with alley access parking. These units are nicer than most you will see. Back unit is two story with 3 bedrooms and two baths, living room, big kitchen, and laundry room. There is some uncovered parking in the fenced yard, and a small grassy yard. Other three units are single level. Figures/measurements are approximate – buyer to verify. AS-IS sale. Approved for Renovation Mortgage Financing and Special Financing, as little as 3% down! Eligibility restrictions apply.

Last Agent to Sell the Property

Greg Autrey

Realty West, LLC License #BR037460000 Listed on: 05/03/2013

Last Buyer's Agent

Sarah Perry

Millennium Realty LLC License #BR588366000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $661

Year Built

  • Built in 1932

Lot Details

  • 6,360

Home Design

  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • On-Street Parking

Schools

  • Central High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, sewer
  • Tax Lot 5
  • Assessor Parcel Number 111-26-098

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Building Dimensions are 6375
  • West Lawn Annex Subdivision

Building Details

  • Operating Expense $661

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$661

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Cross Street: 15th Ave & Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1932
  • Tax Year: 2012
  • Directions: North to Taylor. West to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: West Lawn Annex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: See Remarks, Stucco
  • Roof: Composition
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Street Parking: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes

Schools

  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6375
  • Additional Parcels: No
  • Parcel #: 111-26-098

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 661.3

Tax Info

  • Tax Annual Amount: 661.3
  • Tax Book Number: 111.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2019
Sold by
Lee Nicole and Lee Loong
Bought by
Lee Loong
Current Estimated Value
$706,436

Purchase Details

Closed on
Jun 24, 2019
Sold by
Nguyen Audrey
Bought by
Lee Loong

Purchase Details

Closed on
Jan 10, 2014
Sold by
Pinnacle Assets Llc
Bought by
Nguyen Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,125
Interest Rate
4.45%
Mortgage Type
Commercial

Purchase Details

Listed on
May 3, 2013
Closed on
Sep 10, 2013
Sold by
Federal National Mortgage Association
Bought by
Pinnacle Assets Llc
Seller's Agent
Greg Autrey
Realty West, LLC
Buyer's Agent
Sarah Perry
Millennium Realty LLC
List Price
$132,000
Sold Price
$120,000
Premium/Discount to List
-$12,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.82%

Purchase Details

Closed on
Jul 3, 2012
Sold by
Nalvarte Jorge and Nalvarte Elizabeth C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 25, 2006
Sold by
Trinity Construction & Investments Llc
Bought by
Nalvarte Jorge and Nalvarte Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,900
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2005
Sold by
The Bank Of New York
Bought by
Tci Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2005
Sold by
Salgado Miguel and Salgado Heriberta
Bought by
The Bank Of New York and Eqcc Trust

Purchase Details

Closed on
Jun 8, 2000
Sold by
Stevens Kevin W and Stevens Teresa M
Bought by
Salgado Miguel and Salgado Heriberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
8.27%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Lee Loong -- American Title Svc Agcy Llc
Lee Loong $150,000 American Title Svc Agcy Llc
Nguyen Audrey $137,500 Pioneer Title Agency Inc
Pinnacle Assets Llc -- Servicelink
Federal National Mortgage Association $332,604 First American Title
Nalvarte Jorge $349,900 First American Title Ins Co
Tci Llc $124,000 Fidelity National Title Ins
The Bank Of New York $118,791 First American Title
Salgado Miguel $110,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Audrey $103,125
Previous Owner Nalvarte Jorge $279,900
Previous Owner Tci Llc $60,000
Previous Owner Salgado Miguel $104,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2013 09/10/13 Sold $120,000 -9.1% $42 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $132,000 -- $46 / Sq Ft
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 $1,144 $8,556 -- --
2024 $1,133 $8,149 -- --
2023 $1,133 $39,170 $7,830 $31,340
2022 $1,093 $26,880 $5,370 $21,510
2021 $1,085 $25,300 $5,060 $20,240
2020 $1,097 $20,050 $4,010 $16,040
2019 $1,095 $17,500 $3,500 $14,000
2018 $1,077 $16,030 $3,200 $12,830
2017 $1,052 $13,000 $2,600 $10,400
2016 $1,021 $10,270 $2,050 $8,220
2015 $945 $8,500 $1,700 $6,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4931641

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-26-098