NOT LISTED FOR SALE

Estimated Value: $421,000 - $566,000

-- Bed
1 Bath
2,632 Sq Ft
$183/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $110,000 $42 Per Sq Ft

Est. 374% increase in value since last sale

Current estimated payment $2,949/month

86 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of April 2013

Great investment opportunity. Beautiful 2 story Duplex built in 2004. In excellrnt condition. Each unit boasts 4 Bedrooms/2 baths and over 1200 sq. ft. of living space.Duplex has been well taken care of by theowner. Tile through out, each unit has a laundry room. Duplex is situated on a large lot with ample parking. Duplex is zoned R-3 and can posibly be converted into 3 Apartments. TENANT RIGHTS. DO NOT DISTURB TENANTS.CALL LISTER (480) 540-1239 for showing arrangements. NO LOCKBOX

Last Agent to Sell the Property

Robert Sanguigni

DPR Realty LLC License #SA508856000 Listed on: 12/29/2012

DPR Realty LLC

Last Buyer's Agent

Mark Briehl

Prestige Realty License #SA529571000

Prestige Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $939

Year Built

  • Built in 2004

Lot Details

  • 6,316

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Concrete

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Schools

  • Lowell Elementary School - Phoenix
  • Lowell Elementary School - Mesa Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 4
  • Assessor Parcel Number 112-40-051

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6335

Building Details

  • Operating Expense $6,578
  • Net Operating Income $11,161

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$939

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: I-17 (exit 195B) & 7th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 2004
  • Tax Year: 2011
  • Directions: From I-17 (Exit 195B) go North on 7th Street, to west on Mohave , to North on4th street. Duplex is on right side of street.
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • 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: 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
  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 1800.0
  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Lowell Elementary School - Phoenix
  • High School: North High School
  • Middle Or Junior School: Lowell Elementary School - Mesa

Lot Info

  • Lot Size: 6335
  • Additional Parcels: No
  • Parcel #: 112-40-051

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Insurance Expense: 1100.0
  • Property Net Operating Income: 11161.0
  • Annual Operating Expense: 6578.0

Tax Info

  • Tax Annual Amount: 939.0
  • Tax Book Number: 112.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2019
Sold by
Nieves Francelia Rondin
Bought by
Alvarez Hernandez Margarito
Current Estimated Value
$521,408

Purchase Details

Listed on
Dec 29, 2012
Closed on
Apr 26, 2013
Sold by
Martinez Karla
Bought by
Martinez Rolando H
Seller's Agent
Robert Sanguigni
DPR Realty LLC
Buyer's Agent
Mark Briehl
Prestige Realty
List Price
$128,900
Sold Price
$110,000
Premium/Discount to List
-$18,900
-14.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Original Mortgage
$108,007
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2010
Sold by
Davis Ronald G and Davis Lois June
Bought by
Davis Ronald and Davis Lois June

Purchase Details

Closed on
Apr 27, 2010
Sold by
U S Bank National Association
Bought by
Davis Ronald and Davis Lois

Purchase Details

Closed on
Mar 29, 2010
Sold by
Hernandez Dora S
Bought by
Us Bank National Association

Purchase Details

Closed on
Feb 8, 2006
Sold by
Vanschoick Josie
Bought by
Hernandez Dora S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,705
Interest Rate
6.04%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 22, 2004
Sold by
A & A Development Llc
Bought by
Vanschoick Josie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2004
Sold by
Vila Olga Y
Bought by
A&A Development Llc
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
Alvarez Hernandez Margarito -- Lawyers Title Of Arizona Inc
Martinez Rolando H -- Clear Title Agency Of Arizon
Martinez Rolando H $110,000 Clear Title Agency Of Arizon
Davis Ronald -- None Available
Davis Ronald $75,000 The Talon Group Baseline
Us Bank National Association $179,365 None Available
Hernandez Dora S $242,650 Arizona Title Agency Inc
Vanschoick Josie $212,000 Title Svcs Of The Valley Llc
A&A Development Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Rolando H $108,007
Previous Owner Hernandez Dora S $47,705
Previous Owner Hernandez Dora S $166,968
Previous Owner Vanschoick Josie $166,400
Previous Owner A & A Development Llc $131,300
Closed Vanschoick Josie $20,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $110,000 -14.7% $42 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
12/29/2012 12/29/12 For Sale $128,900 -- $49 / 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 $1,135 $9,574 -- --
2024 $1,124 $9,118 -- --
2023 $1,124 $33,530 $6,700 $26,830
2022 $1,081 $24,180 $4,830 $19,350
2021 $1,082 $20,250 $4,050 $16,200
2020 $1,098 $19,100 $3,820 $15,280
2019 $1,098 $16,430 $3,280 $13,150
2018 $1,078 $16,500 $3,300 $13,200
2017 $1,040 $14,700 $2,940 $11,760
2016 $1,010 $12,170 $2,430 $9,740
2015 $920 $10,030 $2,000 $8,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4867382

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-40-051