NOT LISTED FOR SALE
Studio
-- Bath
-- Sq Ft
1968 Built

Sale Details

Date Sold: September 9, 2015

Last sale price $375,000

170 Days on Market

About This Home

As of September 2015

Huge Price Drop! This is a great opportunity to pick up an investment with terrific upside potential on a double frontage commercial corner. Property consists of 24 mobile home/ RV spaces on approximately 2 acres. Park includes a 781 sqft block construction office/ laundry building, paved roads, lighting, and updated individual water and electric meters. Included in the package are 4 park owned mobile homes rented for $1100 and $895/mo.

Last Agent to Sell the Property

James Wehner

West USA Realty License #BR557829000 Listed on: 03/06/2015

West USA Realty

Last Buyer's Agent

Audra Holinka

HomeSmart License #SA568313000

HomeSmart
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,587

Year Built

  • Built in 1968

Parking

  • 48 Open Parking Spaces
  • 48 Parking Spaces
  • Free Parking
  • RV or Boat Parking

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, water
  • The owner pays for gas, trash collection, sewer
  • Assessor Parcel Number 100-30-031

Community Details

Overview

  • 24 Units
  • Building Dimensions are 264.32ft x 331.69ft

Building Details

  • Operating Expense $5,705
  • Gross Income $50,864
  • Net Operating Income $38,407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,587

Year Built

Built in 1968

Listing Details

  • Cross Street: Ironwood and Superstion Blvd
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: C3
  • Number Of Buildings: 1
  • Year Built: 1968
  • Mobile Home Prk Info Avg Rent R V Spaces: 250.0
  • Mobile Home Prk Info Total Number Spaces: 24
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Sch of Personal Prop
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Free, RV/Boat Parking, Add'l Parking Avail, <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 48.0
  • Total Parking Spaces: 48.0
  • General Property Description:Uncvrd Parking Spcs: 48.0
  • General Property Description:Total Parking Spcs: 48.0
  • Parking:Free: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:See Remarks15: Yes

Fee Information

  • Annual Fuel Expense: 520.0
  • Trash Expense: 1074.0
  • Annual Water Sewer Expense: 1224.0

Lot Info

  • Lot Size: 264.32ft x 331.69ft
  • Additional Parcels: No
  • Parcel #: 100-30-031

Multi Family

  • Owner Pays: Gas, Trash Collection, Sewer
  • Tenant Pays: Electricity, Water
  • Number Of Units Total: 24
  • Annual Gross Income: 50863.5
  • Insurance Expense: 1300.0
  • Property Net Operating Income: 38407.0
  • Annual Operating Expense: 5705.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1587.0
  • Tax Book Number: 100.00
  • Tax Lot: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2015
Closed on
Sep 8, 2015
Sold by
Bought by
Seller's Agent
James Wehner
West USA Realty
Buyer's Agent
Audra Holinka
HomeSmart
List Price
$575,000
Sold Price
$375,000
Premium/Discount to List
-$200,000
-34.78%

Purchase Details

Closed on
Feb 1, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.9%
Mortgage Type
Assumption

Purchase Details

Closed on
Nov 9, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 18, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 7, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.7%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$375,000 Millennium Title
$270,000 Stewart Title & Trust Of Pho
$220,000 Lawyers Title Of Arizona Inc
$288,171 None Available
$385,000 Lawyers Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $210,000
Previous Owner $170,000
Previous Owner $285,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/09/2015 09/09/15 Sold $375,000 -34.8% --
08/21/2015 08/21/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $575,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,506 --
2024 $2,365 --
2023 $2,467 $26,010 $8,950 $17,060
2022 $2,365 $26,010 $8,950 $17,060
2021 $2,409 $16,327 $0 $0
2020 $2,475 $16,391 $0 $0
2019 $2,512 $16,520 $0 $0
2018 $3,160 $23,046 $0 $0
2017 $1,491 $19,261 $0 $0
2016 $1,455 $19,261 $15,412 $3,849
2014 $1,587 $9,284 $4,613 $4,672
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5246181

Arizona Regional Multiple Listing Service (ARMLS)
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