NOT LISTED FOR SALE

Estimated Value: $744,000 - $880,000

Studio
-- Bath
3,227 Sq Ft
$258/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $885,000 $274 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,487/month

5 Days on Market

Highlights

  • Heated Community Pool
  • Sunnyslope High School Rated A
  • Heating Available

About This Home

As of August 2024

Remodeled 4-Plex Investment property in the North Phoenix. The property has 4 2bedroom/1bath units, large size with upgraded appliances, in suite washer/dryer and more. Community features sparkling pool, parks and playground. Close to A-rated, schools, shopping, amenities and commuter highways. Perfect for a passive income property with upside in rents. The property is Tenant occupied so interior viewings upon mutually accepted offer only.

Last Agent to Sell the Property

Samir Sawhney

XCD Realty & Property Mgmt License #BR645393000 Listed on: 06/16/2024

Last Buyer's Agent

Samir Sawhney

XCD Realty & Property Mgmt License #BR645393000 Listed on: 06/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,736

Year Built

  • Built in 1984

Lot Details

  • 4,095

Home Design

  • Wood Frame Construction
  • Stucco

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces

Schools

  • Washington Elementary School - Phoenix
  • Mountain View High Middle School
  • Glendale High School

Utilities

  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water
  • Tax Lot 13
  • Assessor Parcel Number 159-14-079

Community Details

Overview

  • 4 Units
  • Building Dimensions are 4053
  • Muy Felices Casas Lt 1 20 Tr A G Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $14,800
  • Gross Income $77,381
  • Net Operating Income $62,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,736

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 19th Ave & Peoria
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Subdivision Name: MUY FELICES CASAS LT 1-20 TR A-G
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other (See Remarks), F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Frame - Wood
  • Roof: See Remarks
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: See Remarks
  • Heating: Other
  • Heating Yn: Yes
  • Water Source: Master Meter

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Community Amenities:Pool2: Yes

Fee Information

  • Annual Water Sewer Expense: 4080.0

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Mountain View High School

Lot Info

  • Lot Size: 4053
  • Additional Parcels: No
  • Parcel #: 159-14-079

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 77380.8
  • Insurance Expense: 2000.0
  • Property Net Operating Income: 62500.0
  • Annual Operating Expense: 14800.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1736.0
  • Tax Book Number: 159.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2024
Closed on
Aug 23, 2024
Sold by
Skgnu Llc
Bought by
Rigo 4 Llc
Seller's Agent
Samir Sawhney
XCD Realty & Property Mgmt
Buyer's Agent
Samir Sawhney
XCD Realty & Property Mgmt
List Price
$899,500
Sold Price
$885,000
Premium/Discount to List
-$14,500
-1.61%
Views
5
Current Estimated Value
$833,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,214
Avg. Annual Appreciation
-4.08%
Original Mortgage
$485,348
Outstanding Balance
$478,532
Interest Rate
6.89%
Mortgage Type
Seller Take Back
Estimated Equity
$355,254

Purchase Details

Listed on
Aug 5, 2023
Closed on
Oct 2, 2023
Sold by
Blsi Properties Llc
Bought by
Freiman Samuel Unzek
Seller's Agent
Samir Sawhney
XCD Realty & Property Mgmt
Buyer's Agent
Samir Sawhney
XCD Realty & Property Mgmt
List Price
$795,900
Sold Price
$750,000
Premium/Discount to List
-$45,900
-5.77%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.19%
Original Mortgage
$498,377
Interest Rate
7.09%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 4, 2021
Sold by
Narla Pavan K
Bought by
Blsi Properties Llc
Seller's Agent
Erick Garcia
Lotus Real Estate
Buyer's Agent
Samir Sawhney
XCD Realty & Property Mgmt
List Price
$690,000
Sold Price
$690,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$517,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2020
Closed on
Mar 22, 2021
Sold by
Bp Industries Llc
Bought by
Narla Pavan K
Seller's Agent
Kristopher Ontiveros
My Home Group Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$555,000
Sold Price
$535,000
Premium/Discount to List
-$20,000
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.82%
Original Mortgage
$401,250
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2018
Sold by
Southwest Property Llc
Bought by
Bp Industrial Llc

Purchase Details

Closed on
Jul 31, 2018
Sold by
Orth William I and Orth Leticia S
Bought by
Southwest Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 18, 2005
Sold by
Pool Marvin and Pool Nancy J
Bought by
Orth William I and Orth Leticia S

Purchase Details

Closed on
Nov 14, 2003
Sold by
Ayres Jeffrey and Ayres Gail
Bought by
Pool Marvin and Pool Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2002
Sold by
Atchison Chris
Bought by
Ayres Jeffrey and Ayres Gail

Purchase Details

Closed on
Sep 20, 2002
Sold by
Ayres Jeffrey
Bought by
Ayres Jeffrey and Ayres Gail

Purchase Details

Closed on
Jun 13, 2001
Sold by
Stevenson David D
Bought by
Atchison Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 1998
Sold by
Folkerts Merna
Bought by
Stevenson David D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
10.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 28, 1995
Sold by
Skene Alan B and Skene Rufli Ursula
Bought by
Folkerts Merna
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

Date Buyer Sale Price Title Company
Rigo 4 Llc $885,000 Chicago Title Agency
Skgnu Llc -- Chicago Title Agency
Freiman Samuel Unzek $750,000 Magnus Title Agency
Blsi Properties Llc $690,000 Magnus Title Agency
Narla Pavan K $555,000 Clear Title Agency Of Az
Bp Industrial Llc $327,500 Pioneer Title Agency Inc
Southwest Property Llc $300,000 Pioneer Title Agency Inc
Orth William I $315,000 Title Partners Of Phoenix Ll
Pool Marvin $215,000 Capital Title Agency Inc
Ayres Jeffrey $192,000 Lawyers Title Of Arizona Inc
Ayres Jeffrey -- Lawyers Title Of Arizona Inc
Ayres Jeffrey -- Lawyers Title Of Arizona Inc
Atchison Chris $175,000 Capital Title Agency
Stevenson David D $165,900 Fidelity Title
Folkerts Merna $105,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rigo 4 Llc $485,348
Previous Owner Freiman Samuel Unzek $498,377
Previous Owner Blsi Properties Llc $517,500
Previous Owner Narla Pavan K $401,250
Previous Owner Southwest Property Llc $275,000
Previous Owner Pool Marvin $191,250
Previous Owner Atchison Chris $148,750
Previous Owner Stevenson David D $126,400
Closed Stevenson David D $39,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $885,000 -1.6% $274 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/16/2024 06/16/24 For Sale $899,500 +19.9% $279 / Sq Ft
09/29/2023 09/29/23 Sold $750,000 -5.8% $232 / Sq Ft View Prior Sale
08/08/2023 08/08/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $795,900 +15.3% $247 / Sq Ft
11/09/2021 11/09/21 Sold $690,000 0.0% $214 / Sq Ft View Prior Sale
09/25/2021 09/25/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $690,000 +29.0% $214 / Sq Ft
03/22/2021 03/22/21 Sold $535,000 -3.6% $166 / Sq Ft View Prior Sale
02/19/2021 02/19/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $555,000 0.0% $172 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $555,000 0.0% $172 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/05/2021 01/05/21 Price Changed $555,000 -1.8% $172 / Sq Ft
01/04/2021 01/04/21 For Sale $565,000 +5.6% $175 / Sq Ft
01/01/2021 01/01/21 Off Market $535,000 -- --
11/13/2020 11/13/20 Price Changed $565,000 -1.7% $175 / Sq Ft
10/28/2020 10/28/20 Price Changed $575,000 -0.9% $178 / Sq Ft
10/21/2020 10/21/20 Price Changed $580,000 -0.9% $180 / Sq Ft
09/28/2020 09/28/20 Price Changed $585,000 -2.5% $181 / Sq Ft
09/01/2020 09/01/20 Price Changed $600,000 -2.4% $186 / Sq Ft
08/24/2020 08/24/20 For Sale $615,000 -- $191 / 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 $1,837 $14,457 -- --
2024 $1,736 $13,768 -- --
2023 $1,736 $46,970 $9,390 $37,580
2022 $1,679 $29,970 $5,990 $23,980
2021 $1,701 $24,670 $4,930 $19,740
2020 $1,659 $22,050 $4,410 $17,640
2019 $1,628 $18,300 $3,660 $14,640
2018 $1,586 $15,560 $3,110 $12,450
2017 $1,578 $15,270 $3,050 $12,220
2016 $1,549 $14,070 $2,810 $11,260
2015 $1,434 $14,010 $2,800 $11,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6720068

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-14-079