NOT LISTED FOR SALE

Estimated Value: $360,898 - $734,000

-- Bed
-- Bath
3,822 Sq Ft
$159/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $161,000 $42 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $3,525/month

25 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of October 2014

GREAT INCOME PROPERTY! THIS 4 UNIT BUILDING OFFERS 3 UNITS ON THE FIRST LEVEL AND 1 ON THE SECOND LEVEL. EACH UNIT OFFERS 2 BEDROOMS 1 BATHROOM WITH NICE LIVING ROOM, LARGE BEDROOMS, AND KITCHEN. COVERED PARKING IN BACK! PROPERTY IS LOCATED ON A NICE CORNER LOT NEAR LOCAL SCHOOLS, AND SHOPPING.

Last Listed By

Brandon Boxrud

AH Properties License #BR563941000 Listed on: 08/15/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1963

Lot Details

  • 8,581

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Schools

  • Hawthorne Elementary School
  • Kino Junior High School
  • Mountain View - Waddell High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 4 Units
  • Building Dimensions are 8583

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 8
  • Assessor Parcel Number 137-37-008-A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,142

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: GILBERT & UNIVERSITY
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2013
  • Directions: W ON UNIVERSITY FROM GILBERT, N ON HARRIS TO CROWN
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Hawthorne Elementary School
  • High School: Mountain View - Waddell
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: 8583
  • Additional Parcels: No
  • Parcel #: 137-37-008-A

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1141.84
  • Tax Book Number: 137.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2014
Closed on
Sep 29, 2014
Sold by
Gullett Donald F
Bought by
Tw2 Properties Llc
Seller's Agent
Brandon Boxrud
AH Properties
Buyer's Agent
Jennifer Utter
HomeSmart
List Price
$179,900
Sold Price
$161,000
Premium/Discount to List
-$18,900
-10.51%
Total Days on Market
25
Current Estimated Value
$606,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,966
Avg. Annual Appreciation
14.06%
Original Mortgage
$230,000
Interest Rate
4.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 2, 2008
Sold by
B & C Development Llc
Bought by
Gullett Donald F

Purchase Details

Closed on
Mar 3, 2008
Sold by
Lasalle Bank Na
Bought by
B & C Development Llc

Purchase Details

Closed on
Oct 26, 2007
Sold by
Fletcher Richard W and Fletcher Jane Ellen
Bought by
Lasalle Bank Na and Morgan Stanley Mortgage 2006-6Ar

Purchase Details

Closed on
Nov 27, 2006
Sold by
Johnson Erik
Bought by
Athena Holdings Llc

Purchase Details

Closed on
Aug 15, 2006
Sold by
Fletcher Richard W and Fletcher Jane Ellen
Bought by
Johnson Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,605
Interest Rate
6.76%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 1, 2005
Sold by
Kester Joel
Bought by
Chrysalis Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 30, 2005
Sold by
Rappaport Richard A and Rappaport Helen S
Bought by
Jkm Trading Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 11, 1994
Sold by
Sundial Inc
Bought by
Kester Alane and Kester Joel

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
Tw2 Properties Llc $161,000 Security Title Agency
Gullett Donald F $235,000 Capital Title Agency Inc
B & C Development Llc $215,000 Great American Title Agency
Lasalle Bank Na $320,780 None Available
Athena Holdings Llc -- Tsa Title Agency
Johnson Erik $403,605 Tsa Title Agency
Chrysalis Co -- Capital Title Agency Inc
Jkm Trading Corp $390,000 Capital Title Agency Inc
Kester Alane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tw2 Properties Llc $300,000
Open Tw2 Properties Llc $900,000
Closed Tw2 Properties Llc $230,000
Previous Owner Johnson Erik $403,605
Previous Owner Jkm Trading Corp $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2014 10/01/14 Sold $161,000 -10.5% $42 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $179,900 -- $47 / 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 $1,727 $17,591 -- --
2024 $1,741 $16,753 -- --
2023 $1,741 $57,450 $11,490 $45,960
2022 $1,705 $43,250 $8,650 $34,600
2021 $1,726 $34,730 $6,940 $27,790
2020 $1,703 $30,820 $6,160 $24,660
2019 $1,591 $20,900 $4,180 $16,720
2018 $1,527 $18,280 $3,650 $14,630
2017 $1,482 $16,980 $3,390 $13,590
2016 $1,454 $16,020 $3,200 $12,820
2015 $1,367 $17,260 $3,450 $13,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5158050

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-37-008A