NOT LISTED FOR SALE

Estimated Value: $536,993 - $714,000

-- Bed
-- Bath
3,603 Sq Ft
$165/Sq Ft Est. Value

Last Sold September 08, 2016

Last sale price $195,000 $54 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $3,250/month

21 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Sunnyslope High School Rated A

About This Home

As of September 2016

INVESTORS: Good opportunity to own a 4-plex in a good rental area in Central Phoenix. All four units are rented out at $550.00/month. Two tenants are long term tenants and two newer ones. Water and trash included in rent. Easy access to shopping, restaurants, hospital, I-17. Each unit is 2 bedrooms/1 bathroom with a full kitchen and living room. Newer roof 2011. Two newer A/C. Each unit has 2 parking spaces. This sale is in ''AS IS'' condition. Look at Documents Tab for ROI (rate on Investment). Please do not disturb tenants. Do not miss this opportunity!!

Last Agent to Sell the Property

M Carmen McIntosh

Coldwell Banker Realty License #SA536511000 Listed on: 08/02/2016

Coldwell Banker Realty

Last Buyer's Agent

Kelly McCormack

West USA Realty License #SA529500000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,019

Year Built

  • Built in 1980

Lot Details

  • 10,280

Home Design

  • Built-Up Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 158-23-055-D

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10,294
  • Mountain View Acres Subdivision

Building Details

  • Operating Expense $1,019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,019

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Mountain View Road and 16th Avenue
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2016
  • Directions: 19th Avenue and Mountain View. Go East on Mountain View to the corner with 16th Avenue. Property on South side of Mountain View.
  • Road Surface Type: Asphalt
  • Subdivision Name: MOUNTAIN VIEW ACRES
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: See Remarks, Painted, Block
  • Roof: Built-Up, Rolled/Hot Mop
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 10,294
  • Additional Parcels: No
  • Parcel #: 158-23-055-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 1019.0

Tax Info

  • Tax Annual Amount: 1019.0
  • Tax Book Number: 158.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2021
Sold by
Ruiz Maria
Bought by
Urquidez Humberto
Current Estimated Value
$594,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Outstanding Balance
$125,842
Interest Rate
2.7%
Estimated Equity
$693,633

Purchase Details

Closed on
Oct 11, 2018
Sold by
Urquidez Humberto F and Ruiz Maria
Bought by
1601 Mountain View Road Llc

Purchase Details

Closed on
Jan 19, 2017
Sold by
Ruiz Maria
Bought by
Urquidez Humberto F and Ruiz Maria

Purchase Details

Listed on
Aug 2, 2016
Closed on
Sep 6, 2016
Sold by
Urquidez Humberto
Bought by
Ruiz Maria
Seller's Agent
M Carmen McIntosh
Coldwell Banker Realty
Buyer's Agent
Kelly McCormack
West USA Realty
List Price
$205,000
Sold Price
$195,000
Premium/Discount to List
-$10,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.17%

Purchase Details

Closed on
Nov 13, 2009
Sold by
Gomez Juan C and Gomez Lydia D
Bought by
Gomez Juan C and Gomez Lydia D

Purchase Details

Closed on
Apr 8, 1998
Sold by
Padilla Pablito C and Padilla Judy Leilani B
Bought by
Gomez Juan C and Gomez Lydia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.15%
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
Urquidez Humberto -- Atlas Title Agency Inc
Urquidez Humberto -- Atlas Title Agency Inc
1601 Mountain View Road Llc -- None Available
Urquidez Humberto F -- None Available
Ruiz Maria -- Old Republic Title Agency
Ruiz Maria $195,000 Old Republic Title Agency
Gomez Juan C -- None Available
Gomez Juan C $90,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urquidez Humberto $137,000
Closed Urquidez Humberto $137,000
Previous Owner Gomez Juan C $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2016 09/08/16 Sold $195,000 -4.9% $54 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $205,000 -- $57 / 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 $1,153 $9,428 -- --
2024 $1,132 $8,979 -- --
2023 $1,132 $49,350 $9,870 $39,480
2022 $1,095 $34,520 $6,900 $27,620
2021 $1,109 $29,000 $5,800 $23,200
2020 $1,082 $26,010 $5,200 $20,810
2019 $1,062 $21,530 $4,300 $17,230
2018 $1,034 $18,320 $3,660 $14,660
2017 $1,029 $15,380 $3,070 $12,310
2016 $1,010 $14,520 $2,900 $11,620
2015 $935 $11,770 $2,350 $9,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5479794

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-23-055D