$239,000
SOLD FEB 27, 2014
-- Bed
-- Bath
4,360 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

34 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of November 2017

This is a beauty - remodeled the right way! This is a turnkey property with a historical bungalow out front--formerly a duplex, now a 3 bedroom/2 bath home with 10 foot ceilings, modern kitchens and baths! There is a 2 bedroom home and a cottage in the rear. All are occupied! Perfect for an owner/occupier - live in the front home and rent out the rear homes! Buyer to verify all items prior to close of escrow.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 01/07/2014

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

Michelle Conley

HomeSmart Realty License #SA642484000

HomeSmart Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $895

Year Built

  • Built in 1916

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Individual Controls for Heating
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 25
  • Assessor Parcel Number 112-02-020

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are irr
  • Capitol Block See Legal Description Subdivision

Building Details

  • Operating Expense $5,795
  • Gross Income $21,330
  • Net Operating Income $15,535

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$895

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Cross Street: 15th Ave/Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1916
  • Tax Year: 2013
  • Directions: South to Monroe, West to property on North Side of Street - Woodland Historical District
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Subdivision Name: Capitol Block - see legal description
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Garage Details: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Individual, Heat Pump, Electric, Wall/Window Unit(s)
  • Heating: Individual, Heat Pump, Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 112-02-020

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 21330.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 15535.0
  • Annual Operating Expense: 5795.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 895.0
  • Tax Book Number: 112.00
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2023
Sold by
Clieve & Associates
Bought by
Sadler Clifton
Current Estimated Value
$778,569

Purchase Details

Closed on
May 18, 2022
Sold by
Sadler Clifton
Bought by
Clieve And Associates Inc

Purchase Details

Closed on
Feb 8, 2022
Sold by
Sadler and Evette
Bought by
Sadler Clifton and Sadler Evette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,840
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2021
Sold by
Clieve And Associates Llc
Bought by
Sadler Clifton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,840
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2020
Sold by
Larry Sadler Evette
Bought by
Clieve And Associates Llc

Purchase Details

Closed on
May 24, 2019
Sold by
Clieve And Associates Llc
Bought by
Sadler Evette

Purchase Details

Closed on
Feb 6, 2018
Sold by
Clieve And Associates Llc
Bought by
Larry Sadler Evette

Purchase Details

Closed on
Jan 18, 2018
Sold by
Sadler Clifton
Bought by
Clieve And Associates Llc

Purchase Details

Listed on
Aug 28, 2017
Closed on
Nov 13, 2017
Sold by
Larry Sadler Evette M
Bought by
Sadler Clifton A
Seller's Agent
Andrew Engel
West USA Realty
Buyer's Agent
Zachary Silvernail
DPR Realty LLC
List Price
$319,000
Sold Price
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Original Mortgage
$313,222
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 28, 2017
Closed on
Oct 30, 2017
Sold by
Jola Properties2 Llc
Bought by
Sadler Clifton A
Seller's Agent
Andrew Engel
West USA Realty
Buyer's Agent
Zachary Silvernail
DPR Realty LLC
List Price
$319,000
Sold Price
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,222
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 7, 2014
Closed on
Feb 25, 2014
Sold by
Flaaten Jan Olav and Flaaten Lucille A
Bought by
Macroe Homes Llc
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Michelle Conley
HomeSmart Realty
List Price
$239,000
Sold Price
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$148,600
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 7, 2014
Closed on
Feb 24, 2014
Sold by
The Kordco Corporation
Bought by
Flaaten Jan Olav and Flaaten Lucille A
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Michelle Conley
HomeSmart Realty
List Price
$239,000
Sold Price
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,600
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2013
Sold by
Kordon Karen and Kordon John
Bought by
Kordco Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2013
Sold by
Kordon John and Kordon James
Bought by
Kordon Karen A

Purchase Details

Closed on
Jan 11, 2001
Sold by
Blea Ruben J and Martinez Viola B
Bought by
Kordon John and Kordon James
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Driggs Title Agency Inc
Warranty Deed $319,000 Driggs Title Agency Inc
Warranty Deed -- Old Republic Title Agency
Warranty Deed $239,000 Old Republic Title Agency
Quit Claim Deed -- Empire West Title Agency
Interfamily Deed Transfer -- None Available
Joint Tenancy Deed -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $455,840 FHA
Previous Owner $313,222 FHA
Previous Owner $148,600 Commercial
Previous Owner $47,000 Commercial
Previous Owner $64,000 Commercial
Previous Owner $150,000 Unknown
Previous Owner $26,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2017 11/14/17 Sold $319,000 0.0% $156 / Sq Ft
11/13/2017 11/13/17 Sold $319,000 0.0% $73 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
09/12/2017 09/12/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $319,000 +33.5% $156 / Sq Ft
02/27/2014 02/27/14 Sold $239,000 0.0% $55 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $239,000 -- $55 / 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 $1,166 $8,723 -- --
2024 $1,155 $8,308 -- --
2023 $1,155 $40,430 $8,080 $32,350
2022 $1,114 $32,060 $6,410 $25,650
2021 $1,106 $29,600 $5,920 $23,680
2020 $1,119 $26,500 $5,300 $21,200
2019 $1,117 $23,410 $4,680 $18,730
2018 $1,098 $19,510 $3,900 $15,610
2017 $1,072 $15,370 $3,070 $12,300
2016 $1,041 $12,000 $2,400 $9,600
2015 $964 $5,820 $1,160 $4,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5050443

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-02-020