NOT LISTED FOR SALE

15456 W Morning Glory St Goodyear, AZ 85338

Centerra Neighborhood

Estimated Value: $399,000 - $465,779

5 Beds
3 Baths
1,818 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $650,000 $358 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $2,498/month

108 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of August 2023

Welcome to our assisted living property in Goodyear, Arizona - a fantastic investment opportunity that is already generating steady and reliable income. This property is currently grossing $5,000 per month in mailbox money from the tenant via lease, offering a solid 7.6% cap rate on actuals. with the owner only responsible for paying for a home warranty, property taxes, insurance, and HOA fees. The property is situated in a peaceful and quiet neighborhood, surrounded by beautiful landscaping and well-maintained grounds.The home features six bedrooms, and can accommodate up to six residents. The property has been well-maintained and is in excellent condition.

Last Agent to Sell the Property

Daniel Papin

W and Partners, LLC License #SA684875000 Listed on: 04/16/2023

W and Partners, LLC

Last Buyer's Agent

Cynthia Jennings

Nexthome Complete Realty License #SA701092000

Nexthome Complete Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,717

Year Built

  • Built in 2005

Lot Details

  • 5,489

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer, cable TV
  • Tax Lot 393
  • Assessor Parcel Number 500-04-655

Community Details

Overview

  • 6 Units
  • Building Dimensions are n/a
  • Centerra Subdivision

Building Details

  • Operating Expense $5,291
  • Gross Income $60,000
  • Net Operating Income $56,426

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,717

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: Estrella Parkway/Van Buren St
  • Legal Info Range: 1W
  • Property Type: Multiple Dwellings
  • Zoning: residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2005
  • Tax Year: 2022
  • Directions: South on Estrella to Harrison St, west to 153rd Ln, north to Jackson St, west to 154th Ln, east to Morning Glory St to home
  • Road Surface Type: Asphalt
  • Subdivision Name: CENTERRA
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: BI Oven/Range, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Garage Details: Yes

Utilities

  • Electric: APS
  • Cooling: Other
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Junior High Dist: Agua Fria Union High School District

Lot Info

  • Lot Size: n/a
  • Additional Parcels: No
  • Parcel #: 500-04-655

Multi Family

  • Owner Pays: Other, None
  • Tenant Pays: Gas, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 6
  • Annual Gross Income: 60000.0
  • Insurance Expense: 807.0
  • Property Net Operating Income: 56426.0
  • Annual Operating Expense: 5291.0

Tax Info

  • Tax Annual Amount: 1717.0
  • Tax Book Number: 500.00
  • Tax Lot: 393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2023
Closed on
Aug 18, 2023
Sold by
Prickly Pear Home Buying Company Llc
Bought by
Sunnyside Rentals Llc
Seller's Agent
Daniel Papin
W and Partners, LLC
Buyer's Agent
Cynthia Jennings
Nexthome Complete Realty
List Price
$735,000
Sold Price
$650,000
Premium/Discount to List
-$85,000
-11.56%
Views
132
Current Estimated Value
$434,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$215,805
Avg. Annual Appreciation
-12.09%

Purchase Details

Closed on
Jan 6, 2022
Sold by
Horst Properties Llc
Bought by
Prickly Pear Home Buying Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2021
Sold by
Horst Steven Paul and Horst Nancy
Bought by
Horst Properties Llc

Purchase Details

Closed on
Jul 9, 2021
Sold by
Horst Nancy
Bought by
Horst Steven Paul and Horst Nancy

Purchase Details

Closed on
May 25, 2021
Sold by
Horst Steven Paul
Bought by
Horst Nancy

Purchase Details

Listed on
Sep 8, 2014
Closed on
Oct 9, 2014
Sold by
Czechowicz Stanley J and Czechowicz Agnes
Bought by
Horst Steven
Seller's Agent
Agnes Czechowicz
Realty ONE Group
Buyer's Agent
Cyndi Reisenbigler
Real Broker
List Price
$189,000
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$141,432
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 8, 2014
Closed on
Oct 7, 2014
Sold by
Horst Nancy and Horst Steven
Bought by
Horst Steven
Seller's Agent
Agnes Czechowicz
Realty ONE Group
Buyer's Agent
Cyndi Reisenbigler
Real Broker
List Price
$189,000
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,432
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2008
Sold by
Aurora Loan Services Llc
Bought by
Czachowicz Stanley J and Czachowicz Agnes

Purchase Details

Closed on
Sep 12, 2008
Sold by
Hernandez Reynaldo and Hernandez Angelita R
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Aug 11, 2005
Sold by
First American Title Insurance Co
Bought by
Hernandez Reynaldo and Hernandez Angelita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,650
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2003
Sold by
Centrra Llc
Bought by
Standard Pacific Of Arizona Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,780,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
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
Sunnyside Rentals Llc $650,000 Pioneer Title Services
Prickly Pear Home Buying Company Llc $400,000 American Title Services
Horst Properties Llc -- Accommodation
Horst Steven Paul -- None Available
Horst Nancy -- None Available
Horst Steven $189,000 Fidelity Natl Title Agency
Horst Steven -- Fidelity Natl Title Agency
Czachowicz Stanley J $135,000 Fidelity National Title Ins
Aurora Loan Services Llc $186,014 None Available
Hernandez Reynaldo $192,948 First American Title Ins Co
Standard Pacific Of Arizona Inc $9,624,250 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunnyside Rentals Llc $585,000
Previous Owner Prickly Pear Home Buying Company Llc $495,000
Previous Owner Horst Steven $134,000
Previous Owner Horst Steven $141,432
Previous Owner Horst Steven $141,432
Previous Owner Hernandez Reynaldo $69,300
Previous Owner Hernandez Reynaldo $173,650
Previous Owner Standard Pacific Of Arizona Inc $4,780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $650,000 0.0% $358 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/28/2023 07/28/23 Off Market $650,000 -- --
07/14/2023 07/14/23 Price Changed $699,000 -4.9% $384 / Sq Ft
04/16/2023 04/16/23 For Sale $735,000 +288.9% $404 / Sq Ft
10/14/2014 10/14/14 Sold $189,000 0.0% $104 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $189,000 -- $104 / 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 $1,797 $14,712 -- --
2024 $1,793 $14,012 -- --
2023 $1,793 $29,500 $5,900 $23,600
2022 $1,717 $22,050 $4,410 $17,640
2021 $1,618 $19,810 $3,960 $15,850
2020 $1,590 $18,560 $3,710 $14,850
2019 $1,577 $16,970 $3,390 $13,580
2018 $1,575 $15,750 $3,150 $12,600
2017 $1,554 $14,060 $2,810 $11,250
2016 $1,590 $13,400 $2,680 $10,720
2015 $1,514 $12,720 $2,540 $10,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6545038

Arizona Regional Multiple Listing Service (ARMLS)

APN: 500-04-655