NOT LISTED FOR SALE

Estimated Value: $783,000 - $908,000

8 Beds
-- Bath
3,227 Sq Ft
$255/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $795,900 $247 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,619/month

9 Days on Market

About This Home

As of September 2023

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: 08/09/2023

Last Buyer's Agent

Tonya Nord

AZ Equity Properties License #BR644394000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,679

Year Built

  • Built in 1984

Lot Details

  • 4,051

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

  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water
  • Tax Lot 14
  • Assessor Parcel Number 159-14-080

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 $14,743
  • Gross Income $77,381
  • Net Operating Income $48,916

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,679

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: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: MUY FELICES CASAS LT 1-20 TR A-G
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: 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
  • Water Source: Master Meter

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Community Amenities:Pool2: Yes

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 #: 159-14-080

Multi Family

  • Owner Pays: Other, Trash Collection, Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 77380.8
  • Insurance Expense: 2000.0
  • Maintenance Expense: 4080.0
  • Property Net Operating Income: 48916.0
  • Annual Operating Expense: 14743.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1679.0
  • Tax Book Number: 159.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 15, 2023
Sold by
Bcdgr3 Llc
Bought by
Ankush & Nidhi Family Trust and Bagotra
Seller's Agent
Samir Sawhney
XCD Realty & Property Mgmt
Buyer's Agent
Tonya Nord
AZ Equity Properties
List Price
$795,900
Sold Price
$795,900
Views
17
Current Estimated Value
$822,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,472
Avg. Annual Appreciation
1.67%
Original Mortgage
$596,925
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 11, 2021
Sold by
Narla Pavan K
Bought by
Bcdgr3 Llc
Seller's Agent
Erick Garcia
Lotus Real Estate
Buyer's Agent
Samir Sawhney
XCD Realty & Property Mgmt
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$517,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 19, 2021
Sold by
Narla Venkata R
Bought by
Narla Pavan K
Seller's Agent
Erick Garcia
Lotus Real Estate
Buyer's Agent
Samir Sawhney
XCD Realty & Property Mgmt
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 19, 2021
Sold by
Young David D and Young Audrey B
Bought by
Narla Pavan K
Seller's Agent
Tim Hadrich
Regent Goldstar Real Estate
Buyer's Agent
Erick Garcia
Lotus Real Estate
List Price
$535,000
Sold Price
$540,000
Premium/Discount to List
$5,000
0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.82%
Original Mortgage
$397,725
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2017
Closed on
Oct 18, 2017
Sold by
Emke Kurt
Bought by
Young David D and Young Audrey B
Seller's Agent
Pat Hune
1st Southwest Realty, LLC
Buyer's Agent
Tim Hadrich
Regent Goldstar Real Estate
List Price
$249,900
Sold Price
$247,900
Premium/Discount to List
-$2,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.91%
Original Mortgage
$185,925
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2012
Closed on
Feb 7, 2013
Sold by
Low Frequency Lp
Bought by
Emke Kurt
Seller's Agent
Dustin Walters
SRL Group
Buyer's Agent
Charles Campbell
HomeSmart
List Price
$159,900
Sold Price
$152,500
Premium/Discount to List
-$7,400
-4.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$114,375
Interest Rate
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2011
Sold by
Protectin Remedies Lp
Bought by
Low Frequency Lp

Purchase Details

Closed on
Oct 27, 2010
Sold by
Cac Llc
Bought by
Low Frequency Lp and Protection Remedies Lp

Purchase Details

Closed on
Aug 5, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Cac Llc

Purchase Details

Closed on
Mar 19, 2010
Sold by
Decker Thomas
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Apr 6, 2006
Sold by
Fawcett Ian D
Bought by
Decker Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 21, 2006
Sold by
Decker Tiffany J
Bought by
Decker Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 4, 2003
Sold by
Rowe Kevin R
Bought by
Fawcett Ian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,925
Interest Rate
6.03%
Mortgage Type
VA

Purchase Details

Closed on
Feb 11, 1999
Sold by
Winward Development Company Inc
Bought by
Rowe Kevin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
6.77%
Mortgage Type
New Conventional
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
Ankush & Nidhi Family Trust $795,900 Pioneer Title Services
Bcdgr3 Llc $690,000 Magnus Title Agency
Narla Pavan K -- None Available
Narla Pavan K $530,000 Clear Title Agency Of Az
Young David D $247,900 Chicago Title Agency Inc
Emke Kurt $152,500 Security Title Agency
Low Frequency Lp -- None Available
Low Frequency Lp $121,000 Security Title Agency
Cac Llc $94,000 First American Title Ins Co
Bac Home Loans Servicing Lp $94,050 First American Title
Decker Thomas $375,000 Tsa Title Agency
Decker Thomas -- Tsa Title Agency
Fawcett Ian D $205,000 Arizona Title Agency Inc
Rowe Kevin R $157,500 Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ankush & Nidhi Family Trust $560,000
Closed Ankush & Nidhi Family Trust $596,925
Previous Owner Bcdgr3 Llc $517,500
Previous Owner Narla Pavan K $397,725
Previous Owner Young David D $185,925
Previous Owner Emke Kurt $114,375
Previous Owner Decker Thomas $37,500
Previous Owner Decker Thomas $300,000
Previous Owner Decker Thomas $300,000
Previous Owner Fawcett Ian D $209,000
Previous Owner Fawcett Ian D $201,925
Previous Owner Rowe Kevin R $141,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $795,900 0.0% $247 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $795,900 +15.3% $247 / Sq Ft
09/15/2021 09/15/21 Sold $690,000 -1.3% $214 / Sq Ft
09/11/2021 09/11/21 For Sale $699,000 0.0% $217 / Sq Ft
09/11/2021 09/11/21 Price Changed $699,000 0.0% $217 / Sq Ft
07/26/2021 07/26/21 For Sale $699,000 +29.4% $217 / Sq Ft
04/19/2021 04/19/21 Sold $540,000 +0.9% $167 / Sq Ft
04/15/2021 04/15/21 Price Changed $535,000 0.0% $166 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $535,000 +115.8% $166 / Sq Ft
10/20/2017 10/20/17 Sold $247,900 -0.8% $77 / Sq Ft
09/17/2017 09/17/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $249,900 +0.8% $77 / Sq Ft
09/15/2017 09/15/17 Off Market $247,900 -- --
02/11/2013 02/11/13 Sold $152,500 -4.6% $47 / Sq Ft
12/19/2012 12/19/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $159,900 -- $50 / 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 $1,766 $14,440 -- --
2024 $1,734 $13,752 -- --
2023 $1,734 $46,910 $9,380 $37,530
2022 $1,678 $29,950 $5,990 $23,960
2021 $1,699 $24,630 $4,920 $19,710
2020 $1,657 $22,010 $4,400 $17,610
2019 $1,626 $18,280 $3,650 $14,630
2018 $1,584 $15,550 $3,110 $12,440
2017 $1,576 $15,260 $3,050 $12,210
2016 $1,547 $14,060 $2,810 $11,250
2015 $1,433 $14,000 $2,800 $11,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6590298

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-14-080