NOT LISTED FOR SALE

Estimated Value: $344,437 - $634,000

Studio
-- Bath
2,396 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: October 10, 2014

Last sale price $155,000 $65 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $2,826 / mo

9 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of October 2014

Beautiful curb appeal. This is one of two matching Tri-Plexes available, for a total of 6 units. All Units are 2 Bedrooms, and 1 Bathroom. Great income property with solid, tenants. Recent remodel makes this completely turn key. Covered parking, Courtyard with grass, and mature landscaping. Seperate coin operated laundry room. Please note this triplex Must be purchased with triplex located across the courtyard at 1630 W. Mulberry.

Last Agent to Sell the Property

Joey Hallatt

Cambridge Properties License #BR518174000 Listed on: 08/19/2014

Last Buyer's Agent

Lisa Eagan

Leagan Realty, LLC License #BR537622000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,743

Year Built

  • Built in 1948

Lot Details

  • Property fronts an alley
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Tile Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 3 Open Parking Spaces
  • 9 Parking Spaces
  • 6 Covered Spaces
  • Common or Shared Parking

Schools

  • Solano Elementary School
  • Osborn Middle School
  • Bostrom Alternative Center High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for gas, trash collection, water, sewer, landscaping
  • Tax Lot 30
  • Assessor Parcel Number 110-27-030

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Building Dimensions are 123 x 127
  • College Homes Subdivision

Building Details

  • Gross Income $40,400
  • Net Operating Income $24,928

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,743

Year Built

Built in 1948

Lot Details

7,797 Sq Ft Lot

Listing Details

  • Cross Street: 15th ave. and Osborn
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2013
  • Road Frontage Type: Alley
  • Professional Management Expense: 3840.0
  • Subdivision Name: College Homes
  • Construction Brick: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Brick
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: <1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Carport: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 1680.0
  • Trash Expense: 2500.0
  • Annual Water Sewer Expense: 3500.0

Schools

  • Elementary School: Solano School
  • High School: Bostrom Alternative Center
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 123 x 127
  • Additional Parcels: Yes
  • Parcel #: 110-27-030

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 6
  • Electric Expense: 252.0
  • Annual Gross Income: 40400.0
  • Insurance Expense: 1118.0
  • Property Net Operating Income: 24928.0

Tax Info

  • Tax Annual Amount: 1742.84
  • Tax Book Number: 110.00
  • Tax Lot: 30

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 19, 2014
Closed on
Sep 29, 2014
Sold by
Bought by
Seller's Agent
Joey Hallatt
Cambridge Properties
Buyer's Agent
Lisa Eagan
Leagan Realty, LLC
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%
Current Estimated Value
$495,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,479
Avg. Annual Appreciation
4.06%
Original Mortgage
$108,500
Outstanding Balance
$80,679
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$414,800

Purchase Details

Listed on
Jun 19, 2012
Closed on
Jul 18, 2012
Sold by
Bought by
Seller's Agent
Andrew McKee
Perk Prop Real Estate LLC
Buyer's Agent
Joey Hallatt
Cambridge Properties
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.17%
Original Mortgage
$101,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 3, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2005
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
$252,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 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
$116,450
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2000
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
$100,050
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2000
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
$81,000
Interest Rate
8.38%
Mortgage Type
New Conventional
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

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
$155,000 Pioneer Title Agency Inc
-- Security Title Agency
-- Security Title Agency
$135,000 Security Title Agency
-- None Available
-- None Available
$64,900 Magnus Title Agency
$280,000 --
$137,000 --
$109,000 Security Title Agency
$90,000 Arizona Title Agency Inc
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 $108,500
Previous Owner $101,250
Previous Owner $252,000
Previous Owner $116,450
Previous Owner $100,050
Previous Owner $81,000
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
10/10/2014 10/10/14 Sold $155,000 -50.0% $65 / Sq Ft View Prior Sale
10/10/2014 10/10/14 Sold $310,000 -6.1% $129 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
08/28/2014 08/28/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $330,000 +88.6% $138 / Sq Ft
03/17/2014 03/17/14 For Sale $175,000 +29.6% $73 / Sq Ft
08/01/2012 08/01/12 Sold $135,000 -3.5% $56 / Sq Ft View Prior Sale
07/30/2012 07/30/12 Price Changed $139,900 0.0% $58 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $139,900 -- $58 / 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 $1,529 $11,776
2024 $1,428 $11,215
2023 $1,428 $51,560 $10,310 $41,250
2022 $1,420 $33,380 $6,670 $26,710
2021 $1,444 $24,270 $4,850 $19,420
2020 $1,407 $22,660 $4,530 $18,130
2019 $1,346 $19,230 $3,840 $15,390
2018 $1,302 $18,570 $3,710 $14,860
2017 $1,195 $14,020 $2,800 $11,220
2016 $1,153 $12,950 $2,590 $10,360
2015 $1,072 $11,200 $2,240 $8,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5160023

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-27-030

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