NOT LISTED FOR SALE

Estimated Value: $639,000 - $700,000

-- Bed
-- Bath
3,600 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 03, 2019

Last sale price $360,000 $100 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,860/month

32 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available

About This Home

As of June 2019

All 2 bed/2 bath units with in unit washer and dryer. Rents well below market offer a great value add opportunity to strategically refresh interiors and improve curb side appeal to garner higher rents in a growing submarket. Can be purchased individually or assembled with the following parcels:(214-31-290, 214-31-291, 214-31-286). See MLS #5891332. Other parcels available for individual sale as well.

Last Agent to Sell the Property

Victoria Miachika

REI Marketing License #BR639322000 Listed on: 03/05/2019

Last Buyer's Agent

Hani Aldulaimi

Keller Williams Realty East Valley License #BR533683000

Keller Williams Realty East Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,267

Year Built

  • Built in 1982

Lot Details

  • 0.3

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Wood Flooring

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 214-31-288

Community Details

Overview

  • 4 Units
  • Building Dimensions are .3
  • Grandview Estates Lot 1 6 Subdivision

Building Details

  • Operating Expense $1,267

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,267

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Grandview Road & 29th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2018
  • Directions: South of Bell, East of 29th Street off of Grandview road on North 28th Place Cul de Sac.
  • Road Surface Type: Asphalt
  • Subdivision Name: GRANDVIEW ESTATES LOT 1-6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

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

Garage/Parking

  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • 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

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: .3
  • Additional Parcels: No
  • Parcel #: 214-31-288

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Operating Expense: 1267.0

Tax Info

  • Tax Annual Amount: 1267.0
  • Tax Book Number: 214.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
May 30, 2019
Sold by
Mktomm Investments Llc
Bought by
7813 Llc
Seller's Agent
Victoria Miachika
REI Marketing
Buyer's Agent
Hani Aldulaimi
Keller Williams Realty East Valley
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Total Days on Market
32
Current Estimated Value
$670,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,000
Avg. Annual Appreciation
11.42%
Original Mortgage
$864,000
Outstanding Balance
$772,110
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
-$80,443

Purchase Details

Listed on
May 16, 2011
Closed on
Jan 9, 2012
Sold by
Thomas Jeff and Thomas Alyssa
Bought by
Wasta Llc
Seller's Agent
John Oliver
Century 21 Arizona Foothills
Buyer's Agent
John Oliver
Century 21 Arizona Foothills
List Price
$70,000
Sold Price
$85,500
Premium/Discount to List
$15,500
22.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.83%

Purchase Details

Closed on
Jul 23, 2011
Sold by
Xiqa Proeprties Arizona #1 Llc
Bought by
Thomas Jeff and Thomas Alyssa

Purchase Details

Closed on
Jul 22, 2004
Sold by
Thomas Jeff and Thomas Alyssa
Bought by
Xiqa Properties Arizona #1 Llc

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
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
Tauber Jack
Bought by
Thomas Jeff and Thomas Alyssa

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
6.75%
Mortgage Type
Purchase Money Mortgage
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
7813 Llc $1,440,000 American Title Svc Agcy Llc
Mktomm Investments Llc -- American Title Svc Agcy Llc
Wasta Llc $85,500 Lawyers Title Of Arizona Inc
Thomas Jeff -- None Available
Xiqa Properties Arizona #1 Llc -- --
Thomas Jeff $315,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7813 Llc $864,000
Previous Owner Thomas Jeff $252,000
Closed Thomas Jeff $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Sold $360,000 -5.3% $100 / Sq Ft
05/15/2019 05/15/19 Price Changed $380,000 0.0% $106 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
03/18/2019 03/18/19 Price Changed $380,000 -4.8% $106 / Sq Ft
03/04/2019 03/04/19 For Sale $399,000 +366.7% $111 / Sq Ft
02/24/2012 02/24/12 Sold $85,500 +22.1% $48 / Sq Ft
05/27/2011 05/27/11 Pending -- -- --
05/16/2011 05/16/11 For Sale $70,000 -- $39 / 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 $1,389 $13,956 -- --
2024 $1,360 $13,292 -- --
2023 $1,360 $46,100 $9,220 $36,880
2022 $1,346 $30,810 $6,160 $24,650
2021 $1,350 $29,230 $5,840 $23,390
2020 $1,309 $25,560 $5,110 $20,450
2019 $1,310 $20,550 $4,110 $16,440
2018 $1,267 $19,820 $3,960 $15,860
2017 $1,215 $16,800 $3,360 $13,440
2016 $1,195 $14,710 $2,940 $11,770
2015 $1,106 $11,860 $2,370 $9,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5891334

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-31-288