NOT LISTED FOR SALE

1606 S Yale St Flagstaff, AZ 86001

Estimated Value: $481,216 - $783,000

8 Beds
-- Bath
2,904 Sq Ft
$216/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $175,000 $60 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $3,512/month

4 Days on Market

About This Home

As of September 2012

Great Location-just off Milton Rd. & 1/4 mi from NAU. Surrounding apartments are $100-$200 higher. Deferred maintenance is already priced into this listing. Photographs are not representative of all units. This is a Short Sale with advanced CDPE Agent. Seller is licensed R.E. Agent in the state of Arizona.

Last Agent to Sell the Property

Allen Ginsberg

RE/MAX Fine Properties License #BR007598000 Listed on: 07/09/2012

RE/MAX Fine Properties

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,160

Year Built

  • Built in 1963

Lot Details

  • 6,708

Parking

  • On-Street Parking

Home Design

  • Composition Shingle Roof

Additional Features

  • Oven or Range
  • Carpet
  • Heating System Uses Natural Gas

Community Details

  • $2,079 per year Dock Fee
  • 4 Units
  • Building Dimensions are irr

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for electric, gas, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,160

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Tax Municipality: Flagstaff
  • Appliances Included: BI Oven/Range, Refrigerator
  • Cross Street: University Ave.
  • Floors: Carpet
  • Legal Info Lot Number: 4
  • Roads Streets: Alley, Asphalt
  • Property Type: F
  • Hndrd Blk Directionl: S
  • Hundred Block: 1606
  • Marketing Name: Yale Apartments
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 4.00
  • Map Code Grid: C79
  • Year Built: 1963
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roofing: Comp Shingle

Garage/Parking

  • Parking: Street Parking
  • Total Parking Spaces: 4.00

Utilities

  • Water: City Franchise
  • Cooling: See Remarks
  • Heating: Natural Gas

Condo/Co-op/Association

  • Community Amenities: See Remarks

Lot Info

  • Lot Size: irr

Multi Family

  • Income And Expenses Operating Exp: 2079.30
  • Number Of Two Bedroom Units: 4
  • Owner Pays: Electric, Gas, Sewer, Water
  • Tenant Pays: Cable TV
  • Total Numberof Buildings: 1
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Rent: 675.00
  • Two Bedroom Units Avg Sq Ft: 726
  • Two Bedroom Units Baths: 4

Tax Info

  • Taxes: 2079.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2012
Closed on
Sep 17, 2012
Sold by
Kelly Dennis and Kelly Holly
Bought by
Kahl Dave and Haskins Kristen
Seller's Agent
Allen Ginsberg
RE/MAX Fine Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%
Current Estimated Value
$628,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,554
Avg. Annual Appreciation
10.29%
Original Mortgage
$175,000
Outstanding Balance
$120,979
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$507,576

Purchase Details

Closed on
Dec 3, 2007
Sold by
Kelly Dennis R and Kelly Holly R
Bought by
Bushwacker Llc

Purchase Details

Closed on
Jan 14, 2004
Sold by
Ginsberg Allen T and Ginsberg Patricia B
Bought by
Kelly Dennis R and Kelly Holly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2001
Sold by
Ginsberg Allen T and Ginsberg Patricia B
Bought by
Nordstrom Bruce James and Nordstrom Joan Marie
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
Kahl Dave $175,000 Pioneer Title Agency Inc
Bushwacker Llc -- Transnation Title Ins Co
Kelly Dennis R $260,000 Pioneer Title Agency Inc
Nordstrom Bruce James -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahl Dave $175,000
Previous Owner Kelly Dennis R $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2012 09/21/12 Sold $175,000 -7.9% $60 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $190,000 -- $65 / 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 $2,160 $39,278 -- --
2024 $2,160 $39,248 -- --
2023 $1,950 $32,537 $0 $0
2022 $1,950 $28,785 $0 $0
2021 $1,896 $27,193 $0 $0
2020 $1,843 $27,194 $0 $0
2019 $1,808 $21,292 $0 $0
2018 $1,759 $19,319 $0 $0
2017 $1,654 $18,113 $0 $0
2016 $1,645 $17,187 $0 $0
2015 $1,615 $17,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4786527

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-21-006