Seller's Agent in 2022
Angela Garcia
My Home Group Real Estate
(623) 570-1828
6 in this area
148 Total Sales
16 E Madden Dr Avondale, AZ 85323
Old Town NeighborhoodEstimated Value: $262,000 - $640,000
3
Beds
6
Baths
1,060
Sq Ft
$500/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- 4-minute walk to Doc Rhodes Memorial Park
About This Home
As of February 2022Fantastic income producing property with a great cap rate. This recently remodeled property features 6- 1 Bedroom/1 Bathroom units with new dual Heat/AC wall units and new flooring, interior paint, fixtures, cabinets and countertops. The complex already has stable section 8 tenants in place and basically runs itself. The owner has gone to great lengths to make sure everything is repaired and running smoothly.
Last Agent to Sell the Property
My Home Group Real Estate License #SA644801000 Listed on: 10/23/2021
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,296
Year Built
- Built in 1935
Lot Details
- 5,358
Parking
- On-Street Parking
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Schools
- Michael Anderson Elementary And Middle School
- Desert Edge High School
Additional Features
- Ceramic Tile Flooring
- Cooling Available
Listing and Financial Details
- The owner pays for electricity, trash collection, water, sewer, landscaping
- Tax Lot 8-11
- Assessor Parcel Number 500-17-132
Community Details
Overview
- 2 Buildings
- 6 Units
- Building Dimensions are unk
- Whyman Sub Lots 8 11 Subdivision
Building Details
- Operating Expense $1,296
- Gross Income $64,627
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2021
Closed on
Feb 10, 2022
Sold by
Vandeberg Enterprises Llc
Bought by
Crsc Residential Inc
Seller's Agent
Angela Garcia
My Home Group Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$799,000
Sold Price
$735,000
Premium/Discount to List
-$64,000
-8.01%
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
-$204,533
Avg. Annual Appreciation
-8.04%
Purchase Details
Closed on
Jun 8, 2021
Sold by
Frank West Capital Llc
Bought by
Vandeberg Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,300
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 1, 2019
Sold by
Titanium Investments Llc
Bought by
Frank West Capital Llc
Purchase Details
Listed on
Sep 13, 2018
Closed on
Oct 19, 2018
Sold by
Sound Llc
Bought by
Titanium Investments Llc
Seller's Agent
HEATHER BINDER
Sellwhenever
Buyer's Agent
HEATHER BINDER
Sellwhenever
List Price
$450,000
Sold Price
$380,000
Premium/Discount to List
-$70,000
-15.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$395,343
Interest Rate
4.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 13, 2018
Sold by
Acosta Robin and Acosta Belinda
Bought by
Mrw Investments Llc
Purchase Details
Closed on
Apr 12, 2018
Sold by
Mrw Investments Llc
Bought by
Sound Llc
Purchase Details
Closed on
Jul 10, 2015
Sold by
Omc Madden Llc
Bought by
The Robin & Belinda Acosta Family Trust
Purchase Details
Closed on
Sep 20, 2005
Sold by
Hineman Peter Mark and Hineman Sally M
Bought by
Pmc Madden Llc
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 |
|---|---|---|---|
| Crsc Residential Inc | $735,000 | Stewart Title | |
| Vandeberg Enterprises Llc | -- | Accommodation | |
| Frank West Capital Llc | -- | Driggs Title Agency Inc | |
| Titanium Investments Llc | $380,000 | Driggs Title Agency Inc | |
| Mrw Investments Llc | $117,000 | Empire West Title Agency Llc | |
| Sound Llc | $179,000 | Empire West Title Agency Llc | |
| The Robin & Belinda Acosta Family Trust | $30,000 | Security Title Agency Inc | |
| Pmc Madden Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vandeberg Enterprises Llc | $378,300 | |
| Previous Owner | Titanium Investments Llc | $395,343 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/14/2022 02/14/22 | Sold | $735,000 | 0.0% | $693 / Sq Ft | |
| 01/13/2022 01/13/22 | Pending | -- | -- | -- | |
| 01/01/2022 01/01/22 | Price Changed | $735,000 | -3.3% | $693 / Sq Ft | |
| 12/29/2021 12/29/21 | Price Changed | $759,900 | -2.6% | $717 / Sq Ft | |
| 11/15/2021 11/15/21 | Price Changed | $779,900 | -2.4% | $736 / Sq Ft | |
| 10/22/2021 10/22/21 | For Sale | $799,000 | +110.3% | $754 / Sq Ft | |
| 10/19/2018 10/19/18 | Sold | $380,000 | -15.6% | $358 / Sq Ft | View Prior Sale |
| 10/04/2018 10/04/18 | Pending | -- | -- | -- | |
| 09/13/2018 09/13/18 | For Sale | $450,000 | -- | $425 / Sq Ft |
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 | $1,384 | $12,302 | -- | -- |
| 2024 | $1,275 | $11,716 | -- | -- |
| 2023 | $1,275 | $37,110 | $7,420 | $29,690 |
| 2022 | $1,228 | $23,110 | $4,620 | $18,490 |
| 2021 | $1,296 | $19,560 | $3,910 | $15,650 |
| 2020 | $1,256 | $13,770 | $2,800 | $10,970 |
| 2019 | $395 | $11,445 | $2,355 | $9,090 |
| 2018 | $397 | $10,710 | $1,545 | $9,165 |
| 2017 | $387 | $3,750 | $750 | $3,000 |
| 2016 | $395 | $3,750 | $750 | $3,000 |
| 2015 | $614 | $4,000 | $800 | $3,200 |
Source: Public Records
Agents Affiliated with this Home
-
Angela Garcia
-
Jennifer Walker
J
Seller Co-Listing Agent in 2022
Jennifer Walker
My Home Group
(623) 552-3773
5 in this area
112 Total Sales
-
N
Buyer's Agent in 2022
Non-MLS Agent
Non-MLS Office
-
H
Seller's Agent in 2018
HEATHER BINDER
Sellwhenever
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6311394
APN: 500-17-132
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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