G
Seller's Agent in 2023
Glen Forthun
Arizona Premier Realty Homes & Land, LLC
(602) 717-0535
16 Total Sales
Estimated Value: $766,728
--
Bed
--
Bath
--
Sq Ft
0.32
Acres
Highlights
- Cooling Available
- Ceiling Fan
- Heat Pump System
- Bush Elementary School Rated A-
About This Home
As of September 2023This is the Four Plex you have been looking for! Convenient corner lot property that has been well maintained over the years and boasts an extremely low vacancy rate - currently fully rented - no vacancies! Featuring four spacious 840 square foot units with 2BR and 1 BR and their own patio area. Covered parking and individualized storage units are provided for each of the tenants. There is NO HOA! This property also offers a free common Laundry facility for all tenants. Each of the units is equipped with Refrigerator, Dishwasher and Range. Conveniently located to abundant shopping and Public parks.
This property is turn-key and ready for any investor - Don't Wait!
Last Listed By
Arizona Premier Realty Homes & Land, LLC License #SA542513000 Listed on: 08/05/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $992
Year Built
- Built in 1981
Lot Details
- 0.32
Home Design
- Wood Frame Construction
- Composition Roof
- Siding
- Stucco
Interior Spaces
- Ceiling Fan
Parking
- 8 Parking Spaces
- 4 Covered Spaces
Utilities
- Cooling Available
- Heat Pump System
- Septic Tank
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 153
- Assessor Parcel Number 141-72-057
Community Details
Overview
- 3 Buildings
- 4 Units
- Building Dimensions are 100' X 138'
Building Details
- Operating Expense $10,480
- Gross Income $58,776
- Net Operating Income $48,296
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2023
Closed on
Sep 28, 2023
Sold by
Franco Family Revocable Trust
Bought by
Jinka Nivas and Jinka Sailaja
Seller's Agent
Glen Forthun
Arizona Premier Realty Homes & Land, LLC
Buyer's Agent
Colton Aurich
City to City Commercial
List Price
$745,000
Sold Price
$745,000
Total Days on Market
2
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,728
Avg. Annual Appreciation
1.14%
Original Mortgage
$558,750
Outstanding Balance
$551,715
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$206,824
Purchase Details
Closed on
Jan 25, 2006
Sold by
Franco Ulises
Bought by
Franco Ulises and The Franco Family Revocable Trust
Purchase Details
Closed on
Nov 15, 2005
Sold by
Campbell Don J and Campbell Teresa Ann
Bought by
Franco Ulises
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,900
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jinka Nivas | $745,000 | Grand Canyon Title | |
| Franco Ulises | -- | Security Title Agency Inc | |
| Franco Ulises | $377,000 | Security Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jinka Nivas | $558,750 | |
| Previous Owner | Franco Ulises | $263,900 | |
| Previous Owner | Campbell Donald A | $50,000 | |
| Previous Owner | Campbell Teresa Ann | $120,691 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2023 09/28/23 | Sold | $745,000 | 0.0% | -- |
| 08/29/2023 08/29/23 | Pending | -- | -- | -- |
| 08/26/2023 08/26/23 | For Sale | $745,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,481 | $15,085 | -- | -- |
| 2024 | $1,016 | $14,367 | -- | -- |
| 2023 | $1,016 | $55,280 | $11,050 | $44,230 |
| 2022 | $992 | $41,700 | $8,340 | $33,360 |
| 2021 | $989 | $40,420 | $8,080 | $32,340 |
| 2020 | $1,461 | $30,500 | $6,100 | $24,400 |
| 2019 | $1,365 | $24,160 | $4,830 | $19,330 |
| 2018 | $1,310 | $20,110 | $4,020 | $16,090 |
| 2017 | $1,271 | $17,220 | $3,440 | $13,780 |
| 2016 | $1,247 | $18,100 | $3,620 | $14,480 |
| 2015 | $1,172 | $16,650 | $3,330 | $13,320 |
Source: Public Records
Agents Affiliated with this Home
-
Glen Forthun
-
Colton Aurich
C
Buyer's Agent in 2023
Colton Aurich
City to City Commercial
(480) 984-4999
27 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6597532
APN: 141-72-057
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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