NOT LISTED FOR SALE

Estimated Value: $778,469

20 Beds
-- Bath
3,227 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $750,000 $232 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,466/month

10 Days on Market

Highlights

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

About This Home

As of December 2021

72HR Home Sale WOW!! Amazing opportunity to purchase this remodeled 4-plex with great tenants in place. ALL NEW electricity, plumbing ACs and more in 2014. Each unit boasts porcelain tile plank flooring throughout (NO CARPET), inside laundry, and 2BR/2BA each. Unit 1 $1150/mo, Unit 2 $1050/mo, Unit 3 $1250/mo, Unit 4 $1100/mo. Don't miss this fantastic opportunity. Call today!!

Last Listed By

Nolan Rucker

eXp Realty License #SA681184000 Listed on: 11/10/2021

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,741

Year Built

  • Built in 1984

Lot Details

  • 5,053

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 1 Open Parking Space
  • 5 Parking Spaces
  • Carport
  • Assigned Parking

Schools

  • Washington Elementary School
  • Mountain View Middle School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 6
  • Assessor Parcel Number 159-14-072

Community Details

Overview

  • 4 Units
  • Building Dimensions are 4415
  • Muy Felices Casas Lt 1 20 Tr A G Subdivision

Recreation

  • Community Playground
  • Heated Community Pool

Building Details

  • Operating Expense $12,393
  • Gross Income $17,964
  • Net Operating Income $54,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,741

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: I-17 & Peoria Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MH
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2021
  • Directions: East on Peoria to 19th Ave, N to Sahuaro, W to 15th Ln, North to property. Bldg H
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1916.0
  • Co List Office Mls Id: hagu01
  • Co List Office Phone: 480-998-0110
  • Subdivision Name: MUY FELICES CASAS LT 1-20 TR A-G
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Dishwasher, Refrigerator, Washer/Dryer, W/D Hookup
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Community Features:Pool2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Carport: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, Ceiling Fan(s), 2 or More Units
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Play Area, Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Shutters2: Yes

Fee Information

  • Annual Water Sewer Expense: 720.0

Schools

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

Lot Info

  • Lot Size: 4415
  • Additional Parcels: No
  • Parcel #: 159-14-072

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 17964.0
  • Insurance Expense: 1080.0
  • Property Net Operating Income: 54600.0
  • Annual Operating Expense: 12393.0
  • Vacancy Allowance Rate: 0.25

Tax Info

  • Tax Annual Amount: 1741.0
  • Tax Book Number: 159.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Dec 7, 2021
Sold by
Wang Xiaomao
Bought by
Udomratsak Prinya and Udomratsak Irene
Seller's Agent
Nolan Rucker
eXp Realty
Buyer's Agent
Joel Leathers
Keller Williams Arizona Realty
List Price
$700,000
Sold Price
$750,000
Premium/Discount to List
$50,000
7.14%
Total Days on Market
10
Current Estimated Value
$778,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,469
Avg. Annual Appreciation
1.26%

Purchase Details

Listed on
Jun 27, 2013
Closed on
Sep 18, 2013
Sold by
Dow Brian Keith
Bought by
Wang Xiaomao
Seller's Agent
Pat Hune
1st Southwest Realty, LLC
Buyer's Agent
Jay Martinez
Luxe Real Estate Group
List Price
$149,900
Sold Price
$146,000
Premium/Discount to List
-$3,900
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.06%
Original Mortgage
$102,200
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2013
Closed on
Sep 17, 2013
Sold by
Qian Hong
Bought by
Wang Xiaomao
Seller's Agent
Pat Hune
1st Southwest Realty, LLC
Buyer's Agent
Jay Martinez
Luxe Real Estate Group
List Price
$149,900
Sold Price
$146,000
Premium/Discount to List
-$3,900
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,200
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2004
Sold by
Dow Anna M
Bought by
Dow Brian Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,950
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 22, 2004
Sold by
Meginness Greg
Bought by
Ercolano Dean and Ercolano Carol P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2003
Sold by
Otu Godwin and Otu Mary B
Bought by
Meginness Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2003
Sold by
Filomeno Rosella
Bought by
Menginness Greg

Purchase Details

Closed on
Feb 1, 1999
Sold by
Windward Development Company
Bought by
Otu Godwin and Otu Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
6.76%
Mortgage Type
New Conventional

Range of Values:

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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
Udomratsak Prinya $750,000 Lawyers Title Of Arizona Inc
Wang Xiaomao $146,000 None Available
Wang Xiaomao -- Sonoran Title Services Inc
Dow Brian Keith -- Notrh American Title Co
Dow Brian Keith $290,000 North American Title Co
Ercolano Dean $225,000 Nations Title Agency Of Az
Meginness Greg $200,000 Capital Title Agency Inc
Menginness Greg -- Capital Title Agency Inc
Otu Godwin $157,500 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Xiaomao $102,200
Previous Owner Wang Xiaomao $102,200
Previous Owner Dow Brian Keith $123,370
Previous Owner Dow Brian Keith $28,950
Previous Owner Dow Brian Keith $232,000
Previous Owner Ercolano Dean $80,000
Previous Owner Meginness Greg $160,000
Previous Owner Otu Godwin $141,300
Closed Ercolano Dean $33,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $750,000 +7.1% $232 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $700,000 +379.5% $217 / Sq Ft
09/20/2013 09/20/13 Sold $146,000 -2.6% $45 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $149,900 -- $46 / 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 $1,810 $14,799 -- --
2024 $1,777 $14,094 -- --
2023 $1,777 $48,060 $9,610 $38,450
2022 $1,719 $30,630 $6,120 $24,510
2021 $1,741 $25,380 $5,070 $20,310
2020 $1,698 $22,680 $4,530 $18,150
2019 $1,667 $18,660 $3,730 $14,930
2018 $1,623 $15,820 $3,160 $12,660
2017 $1,615 $15,510 $3,100 $12,410
2016 $1,585 $14,400 $2,880 $11,520
2015 $1,468 $14,250 $2,850 $11,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6318821

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-14-072