NOT LISTED FOR SALE

Estimated Value: $332,000 - $409,255

Studio
1 Bath
1,217 Sq Ft
$308/Sq Ft Est. Value

Sale Details

Date Sold: December 7, 2023

Last sale price $420,000 $345 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,136 / mo

94 Days on Market

Highlights

  • Sport Court
  • Cooling System Mounted To A Wall/Window
  • Outdoor Storage
  • Sunnyslope High School Rated A
  • Ceramic Tile Flooring
  • Water Softener

About This Home

As of December 2023

Don't miss this amazing investment opportunity! Two remodeled units with an Amazing 7.8% Cap Rate! PLEASE DO NOT DISTURB TENANTS. Fully permitted, and zoned for additional units. Easy management and fully leased with tenants paying utilities and landscape maintenance. The main detached unit is 1,217sqft, 1 Bed/1Bath, den/office, open family room. Studio House is a 354sqft detached unit with full Kitchen and Bath. The units have private yards/entrances. In addition to the 2 dwellings, you also have a separate building for shared laundry and another for extra storage! Freshly updated inside and out. Too many upgrades to list here. No Sign on property. Tenants in residence till June 2024.

Last Agent to Sell the Property

Melanie Lakovich

HomeSmart License #SA691552000 Listed on: 08/14/2023

Last Buyer's Agent

Monica Coker

HomeSmart License #SA641419000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,302

Year Built

  • Built in 1947

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 4 Parking Spaces
  • Free Parking
  • On-Street Parking
  • 4 Open Parking Spaces
  • Assigned Parking

Schools

  • Mountain View Elementary School
  • Sunnyslope High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Window Unit Heating System
  • Water Softener

Additional Features

  • Ceramic Tile Flooring
  • Outdoor Storage
  • Fenced

Listing and Financial Details

  • Tenant pays for water, sewer, electricity, gas, trash collection, cable TV, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 158-23-057

Community Details

Overview

  • 4 Buildings
  • 2 Units
  • Building Dimensions are 78.62x135.8
  • Mountain View Acres Subdivision

Recreation

  • Sport Court

Building Details

  • Operating Expense $3,352
  • Gross Income $35,046
  • Net Operating Income $33,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,302

Year Built

Built in 1947

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 19th Ave & Mountain View Rd
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1947
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: MOUNTAIN VIEW ACRES
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Central Air, Electric, Window/Wall Unit
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building, Laundry Equipment
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer
  • Interior Features:Interior Features: Unfurnished, Water Softener(s)

Exterior Features

  • Disclosures: None
  • Construction Type: Block, Wood Frame, Painted, Stucco
  • Roof: Composition
  • Exterior Amenities: Fenced, Separate Storage

Garage/Parking

  • Parking Features: Open, On Street, >1 Space Per Unit, Assigned
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • Parking Features:Parking Features: Free, On Street, >1 Space Per Unit, Assigned

Utilities

  • Electric: APS
  • Cooling: Central Air, Electric, Window/Wall Unit
  • Heating: Electric, Central, Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: SW Gas

Condo/Co-op/Association

  • Community Features: No Pool, Sport Court

Schools

  • Elementary School: Mountain View Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Mountain View Elementary School

Lot Info

  • Lot Size: 78.62x135.8
  • Additional Parcels: No
  • Parcel #: 158-23-057

Multi Family

  • Owner Pays: See Remarks
  • Tenant Pays: Water, Sewer, Electricity, Gas, Trash Collection, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 35046.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 850.0
  • Property Net Operating Income: 33350.0
  • Annual Operating Expense: 3352.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 1302.0
  • Tax Book Number: 158.0
  • Tax Lot: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Dec 7, 2023
Sold by
Bought by
Seller's Agent
Melanie Lakovich
HomeSmart
Buyer's Agent
Monica Coker
HomeSmart
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Views
25
Current Estimated Value
$374,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,436
Avg. Annual Appreciation
-4.23%
Original Mortgage
$252,000
Interest Rate
0.0779%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2023
Closed on
Dec 6, 2023
Sold by
Bought by
Seller's Agent
Melanie Lakovich
HomeSmart
Buyer's Agent
Monica Coker
HomeSmart
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
0.0779%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2022
Closed on
Apr 21, 2022
Sold by
Bought by
Seller's Agent
Robert Babineau
Jason Mitchell Real Estate
Buyer's Agent
Robert Babineau
Jason Mitchell Real Estate
List Price
$337,500
Sold Price
$334,000
Premium/Discount to List
-$3,500
-1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.09%
Original Mortgage
$317,300
Interest Rate
0.0385%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2021
Closed on
Apr 9, 2021
Sold by
Bought by
Seller's Agent
Mark Shipley
Stewardship Realty LLC
Buyer's Agent
Brett Tanner
Keller Williams Realty Phoenix
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.72%
Original Mortgage
$60,000
Interest Rate
0.031%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Apr 16, 2014
Closed on
May 28, 2014
Sold by
Bought by
Seller's Agent
Mark Shipley
Stewardship Realty LLC
Buyer's Agent
Mark Shipley
Stewardship Realty LLC
List Price
$105,000
Sold Price
$103,000
Premium/Discount to List
-$2,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.59%
Original Mortgage
$83,000
Interest Rate
0.0423%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 11, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 19, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 3, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
0.0582%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 15, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
0.0999%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$420,000 Pioneer Title Services
$334,000 New Title Company Name
$265,000 Driggs Title Agency
$103,000 Great American Title Agency
$22,000 Stewart Title & Trust Of Pho
$33,000 First American Title
-- First American Title
-- Century Title Agency Inc
$76,000 Century Title Agency
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $252,000
Previous Owner $317,300
Previous Owner $60,000
Previous Owner $186,300
Previous Owner $50,000
Previous Owner $83,000
Previous Owner $135,000
Previous Owner $25,000
Previous Owner $87,600
Previous Owner $60,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2026 01/02/26 Off Market $420,000 -- --
12/07/2023 12/07/23 Sold $420,000 -3.4% $345 / Sq Ft
10/10/2023 10/10/23 Price Changed $435,000 -3.1% $357 / Sq Ft
08/14/2023 08/14/23 For Sale $449,000 +34.4% $369 / Sq Ft
04/22/2022 04/22/22 Sold $334,000 -1.0% $274 / Sq Ft View Prior Sale
03/31/2022 03/31/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $337,500 +22475.3% $277 / Sq Ft
03/21/2022 03/21/22 Sold $1,495 0.0% $1 / Sq Ft View Prior Sale
03/10/2022 03/10/22 Price Changed $1,495 -6.3% $1 / Sq Ft
03/03/2022 03/03/22 For Sale $1,595 +6.7% $1 / Sq Ft
03/01/2022 03/01/22 Off Market $1,495 -- --
02/18/2022 02/18/22 Price Changed $1,595 -11.1% $1 / Sq Ft
12/17/2021 12/17/21 For Sale $1,795 -99.3% $1 / Sq Ft
05/05/2021 05/05/21 Sold $265,000 +1.9% $169 / Sq Ft View Prior Sale
03/27/2021 03/27/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $260,000 -1.9% $165 / Sq Ft
02/11/2021 02/11/21 Off Market $265,000 -- --
01/19/2021 01/19/21 For Sale $260,000 +152.4% $165 / Sq Ft
05/30/2014 05/30/14 Sold $103,000 -1.9% $66 / Sq Ft View Prior Sale
05/01/2014 05/01/14 Price Changed $105,000 0.0% $67 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $105,000 -- $67 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $950 $7,474
2024 $897 $7,118
2023 $897 $26,160 $5,230 $20,930
2022 $1,302 $27,645 $5,520 $22,125
2021 $1,319 $26,625 $5,325 $21,300
2020 $0 $24,345 $4,860 $19,485
2019 $0 $16,905 $3,375 $13,530
2018 $0 $11,010 $2,200 $8,810
2017 $0 $8,210 $1,640 $6,570
2016 $0 $7,220 $1,440 $5,780
2015 -- $5,960 $1,190 $4,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6592371

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-23-057

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