NOT LISTED FOR SALE

Estimated Value: $988,000 - $1,118,000

-- Bed
-- Bath
3,168 Sq Ft
$335/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $1,050,000 $331 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,822/month

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of July 2024

Discover a rare gem in the heart of Flagstaff with this meticulously maintained four-plex, proudly owned by the same owner since 1986. Boasting solid construction and exceptional potential, this property presents a once-in-a-lifetime opportunity for savvy investors looking to capitalize on its prime location and untapped value. Huge value add opportunity, close to NAU.

Last Agent to Sell the Property

Daniel Papin

W and Partners, LLC License #SA684875000 Listed on: 07/21/2024

W and Partners, LLC

Co-Listed By

Dallas Robles

H & H Management Inc License #SA689015000

Last Buyer's Agent

Fred Dawson

West USA Realty License #SA664166000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,323

Year Built

  • Built in 1981

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 16 Parking Spaces
  • 8 Covered Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 107-05-030

Community Details

Overview

  • 4 Units
  • Building Dimensions are n/a
  • Sunnyside Farms 7 Subdivision

Building Details

  • Operating Expense $2,323
  • Gross Income $81,000
  • Net Operating Income $67,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,323

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: N Center St & E Johnson Ave
  • Legal Info Range: 07E
  • Property Type: Multiple Dwellings
  • Zoning: residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: wandp001
  • Co List Office Phone: 602-828-5767
  • Subdivision Name: SUNNYSIDE FARMS 7
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Metal

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 16.0

Utilities

  • Electric: City Electric
  • Cooling: None
  • 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:Desert Landscaping: Yes

Schools

  • Junior High Dist: Flagstaff Unified District

Lot Info

  • Lot Size: n/a
  • Additional Parcels: No
  • Parcel #: 107-05-030

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 81000.0
  • Property Net Operating Income: 67000.0
  • Annual Operating Expense: 2323.0

Tax Info

  • Tax Annual Amount: 2323.0
  • Tax Book Number: 107.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2025
Sold by
Mcdonald Leonard J
Bought by
Ray Dewey And Rosemary Ann Palmer Family Trus and Palmer
Current Estimated Value
$1,060,165

Purchase Details

Listed on
Jul 21, 2024
Closed on
Jul 23, 2024
Sold by
Ray Dewey And Rosemary Ann Palmer Family
Bought by
Drycreek Management Llc
Seller's Agent
Daniel Papin
W and Partners, LLC
Buyer's Agent
Fred Dawson
West USA Realty
List Price
$1,050,000
Sold Price
$1,050,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.79%
Original Mortgage
$682,500
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2020
Sold by
Palmer Ray D and Palmer Rosemary Ann
Bought by
Palmer Ray Dewey and Palmer Rosemary Ann
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ray Dewey And Rosemary Ann Palmer Family Trus $780,412 None Listed On Document
Drycreek Management Llc -- Arizona Title
Palmer Ray Dewey -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drycreek Management Llc $682,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2024 07/23/24 Sold $1,050,000 0.0% $331 / Sq Ft
07/21/2024 07/21/24 Pending -- -- --
07/21/2024 07/21/24 For Sale $1,050,000 -- $331 / 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 $2,416 $50,850 -- --
2024 $2,416 $46,928 -- --
2023 $2,323 $37,848 $0 $0
2022 $2,181 $36,574 $0 $0
2021 $2,120 $34,875 $0 $0
2020 $2,061 $34,205 $0 $0
2019 $2,022 $30,273 $0 $0
2018 $1,967 $28,129 $0 $0
2017 $1,850 $26,597 $0 $0
2016 $1,840 $20,609 $0 $0
2015 $1,732 $18,306 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6734103

Arizona Regional Multiple Listing Service (ARMLS)

APN: 107-05-030