NOT LISTED FOR SALE

Estimated Value: $304,931 - $1,139,000

Studio
-- Bath
1,850 Sq Ft
$325/Sq Ft Est. Value

Last Sold June 09, 2016

Last sale price $180,000 $97 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $3,219/month

32 Days on Market

Highlights

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Ceiling Fan
  • Sunnyslope High School Rated A

About This Home

As of June 2016

Fully Rented w/ Great Tenants! CLEAN Home with Bright, Open floor plan in a QUIET Neighborhood! Majority of interior freshly painted * Tile throughout except bedrooms which have brand new carpet * Large eat-in kitchen with lots of cabinet space * Huge Master bedroom (17'x10.5) * Cozy, private backyard with large shed (lots of shelving) * Big indoor laundry room off Double Carport * Mature Trees front/back * On school bus route

Last Agent to Sell the Property

Bridget Bellavigna

Desert Paradise Realty & Mgmt License #BR539315000 Listed on: 04/11/2016

Last Buyer's Agent

Jared Rodham

Compass License #SA660706000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1985

Lot Details

  • 7,057

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV, landscaping
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 159-29-031

Community Details

Overview

  • 2 Units
  • Building Dimensions are 77x89
  • Mountain Village Tr Subdivision

Building Details

  • Operating Expense $6,733
  • Gross Income $17,228
  • Net Operating Income $10,276

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$944

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Cave Creek - Dunlap & 7th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: [M-M] MULTI-FAM
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2014
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Professional Management Expense: 1440.0
  • Subdivision Name: MOUNTAIN VILLAGE TR
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Attached: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: 2 or More Units, Central A/C, Individual, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Individual, Central, Heat Pump, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:_two_ or More Units3: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Interior Amenities:Drapes2: Yes

Fee Information

  • Annual Water Sewer Expense: 1999.0

Lot Info

  • Lot Size: 77x89
  • Additional Parcels: No
  • Parcel #: 159-29-031

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 17228.4
  • Insurance Expense: 550.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 10275.76
  • Annual Operating Expense: 6733.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 944.0
  • Tax Block: 1
  • Tax Book Number: 159.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2021
Sold by
1549 Cinnabar Llc
Bought by
Martin Bradley
Current Estimated Value
$601,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Outstanding Balance
$186,594
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$414,889

Purchase Details

Closed on
Mar 15, 2019
Sold by
Martin Bradley
Bought by
1549 Cinnabar Llc

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 7, 2016
Sold by
T S Industries Llc
Bought by
Martin Bradley
Seller's Agent
Bridget Bellavigna
Desert Paradise Realty & Mgmt
Buyer's Agent
Jared Rodham
Compass
List Price
$175,000
Sold Price
$180,000
Premium/Discount to List
$5,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%
Original Mortgage
$133,650
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2011
Sold by
Advance Holdings Llc
Bought by
T-S Industries Llc

Purchase Details

Closed on
May 14, 2010
Sold by
Mircic Nenad
Bought by
Advance Holdings Llc

Purchase Details

Closed on
Dec 26, 2006
Sold by
Peterson Richard Scot
Bought by
Mircic Nenad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2004
Sold by
Paxton Christopher C
Bought by
Peterson Richard Scot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2002
Sold by
Mccune Antonina M
Bought by
Paxton Christopher C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,950
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 1999
Sold by
Mccune Antonia M
Bought by
Mccune Antonia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,700
Interest Rate
9.5%

Purchase Details

Closed on
Oct 21, 1998
Sold by
Mccune Antonia M
Bought by
Mccune Antonia M and Anthony J Selario Family Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
6.71%

Purchase Details

Closed on
May 15, 1997
Sold by
Selario Anthony J
Bought by
Selario Anthony J and Anthony J Selario Family Revocable Livin
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
Martin Bradley -- Great American Title
1549 Cinnabar Llc -- None Available
Martin Bradley -- Security Title Agency Inc
T-S Industries Llc $88,500 Great American Title Agency
Advance Holdings Llc $61,000 None Available
Mircic Nenad $228,000 Equity Title Agency Inc
Peterson Richard Scot $155,000 Grand Canyon Title Agency
Paxton Christopher C $110,500 Grand Canyon Title Agency
Mccune Antonia M -- Grand Canyon Title Agency In
Mccune Antonia M -- Grand Canyon Title Agency In
Mccune Antonia M -- Grand Canyon Title Agency In
Selario Anthony J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Bradley $206,500
Previous Owner Martin Bradley $133,650
Previous Owner Mircic Nenad $182,400
Previous Owner Peterson Richard Scot $139,500
Previous Owner Paxton Christopher C $104,950
Previous Owner Mccune Antonia M $48,700
Previous Owner Mccune Antonia M $21,000
Closed Mccune Antonia M $9,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2016 06/09/16 Sold $180,000 +2.9% $97 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/10/2016 04/10/16 For Sale $175,000 -- $95 / 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 $1,143 $8,997 -- --
2024 $1,080 $8,568 -- --
2023 $1,080 $31,320 $6,260 $25,060
2022 $979 $24,770 $4,950 $19,820
2021 $997 $22,680 $4,530 $18,150
2020 $971 $20,600 $4,120 $16,480
2019 $953 $14,860 $2,970 $11,890
2018 $927 $12,420 $2,480 $9,940
2017 $924 $10,060 $2,010 $8,050
2016 $907 $9,450 $1,890 $7,560
2015 $841 $9,050 $1,810 $7,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5426309

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-29-031