NOT LISTED FOR SALE

Estimated Value: $447,829 - $499,000

Studio
-- Bath
2,924 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $395,000 $135 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,513/month

29 Days on Market

Highlights

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

About This Home

As of August 2021

Great Investment opportunity with this tri plex! Each unit boasts 3 bedrooms and 1 or 2 baths each. They are spacious and open. Property has a storage unit for each unit and an onsite laundry room with coin operated laundry.

Last Agent to Sell the Property

Cara Breazeale

Simply Property Management License #BR664026000 Listed on: 03/13/2021

Co-Listed By

Greg Paielli

Simply Property Management License #BR506493000

Last Buyer's Agent

Tarun Chopra

1st Dream Realty License #SA655749000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $633

Year Built

  • Built in 1985

Lot Details

  • 8,451

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot Unknown
  • Assessor Parcel Number 122-39-017-E

Community Details

Overview

  • 3 Units
  • Building Dimensions are Unknown

Building Details

  • Operating Expense $633

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$633

Year Built

Built in 1985

Lot Details

8,451 Sq Ft Lot

Listing Details

  • Cross Street: 16th Street and Broadway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: paie01
  • Co List Office Phone: 602-993-1768
  • Tax Parcel Letter: E
  • 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, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • 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
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: Unknown
  • Additional Parcels: No
  • Parcel #: 122-39-017-E

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Operating Expense: 633.0

Tax Info

  • Tax Annual Amount: 633.0
  • Tax Book Number: 122.00
  • Tax Lot: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2024
Sold by
Chopra Tarun and Chopra Charu G
Bought by
Tarun Chopra And Charu G Chopra Family Trust and Chopra
Current Estimated Value
$478,207

Purchase Details

Listed on
Mar 13, 2021
Closed on
Jul 29, 2021
Sold by
Chopra Charu G
Bought by
Chopra Tarun
Seller's Agent
Cara Breazeale
Simply Property Management
Buyer's Agent
Tarun Chopra
1st Dream Realty
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$296,250
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2021
Sold by
Lincoln Village Investments Llc
Bought by
Chopra Tarun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
2.93%

Purchase Details

Closed on
Jan 12, 2010
Sold by
Top Priority Properties Llc
Bought by
Lincoln Village Investments Llc

Purchase Details

Closed on
Nov 10, 2009
Sold by
Mogbo Daniel U
Bought by
Top Priority Properties Llc

Purchase Details

Closed on
Oct 16, 2006
Sold by
Walker Victor M
Bought by
Mogbo Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Suburban Living Llc
Bought by
Walker Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,400
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2002
Sold by
Meisinger Properties Llc
Bought by
Principle Associates Llc

Purchase Details

Closed on
May 17, 2002
Sold by
Principle Associates Llc
Bought by
Suburban Living Llc

Purchase Details

Closed on
Feb 26, 2001
Sold by
Meisinger Christopher A
Bought by
Meisinger Properties Llc

Purchase Details

Closed on
Apr 7, 2000
Sold by
Julee Stella M
Bought by
Meisinger Christopher A

Purchase Details

Closed on
Oct 23, 1995
Sold by
Julee Stella Merry
Bought by
Julee Stella M and Stella M Julee Revocable Trust
Source: Public Records
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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
Tarun Chopra And Charu G Chopra Family Trust -- None Listed On Document
Chopra Tarun -- Equity Title Agency Inc
Chopra Tarun $395,000 Equity Title Agency Inc
Lincoln Village Investments Llc $32,000 First American Title Ins Co
Top Priority Properties Llc $32,746 None Available
Mogbo Daniel $225,000 Lawyers Title Insurance Corp
Walker Victor M $159,000 Lawyers Title Insurance Corp
Principle Associates Llc -- Security Title Agency
Suburban Living Llc -- --
Meisinger Properties Llc -- Lawyers Title Of Arizona Inc
Meisinger Christopher A $92,000 Lawyers Title Of Arizona Inc
Julee Stella M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chopra Tarun $296,250
Previous Owner Chopra Tarun $296,250
Previous Owner Mogbo Daniel $180,000
Previous Owner Walker Victor M $131,400
Closed Walker Victor M $32,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $395,000 0.0% $135 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $395,000 0.0% $135 / Sq Ft
03/30/2021 03/30/21 For Sale $395,000 0.0% $135 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/15/2021 03/15/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $395,000 -- $135 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $678 $4,494 -- --
2024 $641 $4,280 -- --
2023 $641 $42,030 $8,400 $33,630
2022 $628 $26,810 $5,360 $21,450
2021 $641 $21,930 $4,380 $17,550
2020 $633 $17,730 $3,540 $14,190
2019 $613 $13,660 $2,730 $10,930
2018 $596 $10,820 $2,160 $8,660
2017 $569 $12,100 $2,420 $9,680
2016 $541 $10,700 $2,140 $8,560
2015 $509 $4,010 $800 $3,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6206778

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-39-017E

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