$223,000
SOLD JUN 18, 2018
-- Bed
-- Bath
2,124 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

12 Days on Market

Highlights

  • Central Air
  • Sunnyslope High School Rated A
  • Heating System Uses Natural Gas

About This Home

As of July 2021

Nice 3 unit complex with newer roof's & central A/C systems. Both upgraded about 5 years ago. Inside of units have tile flooring, large floorplans, electric & gas. Each unit has its own hot water heater with private fenced rear yard. Security screens on each unit.

Last Agent to Sell the Property

Rosina Forster

Peak Investment Properties License #BR039772000 Listed on: 05/03/2018

Last Buyer's Agent

Courtney Dorr

Realty ONE Group License #SA668638000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $928

Year Built

  • Built in 1962

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Sunnyslope Elementary School
  • Royal Palm Middle School
  • Sunnyslope High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 159-11-022-H

Community Details

Overview

  • 3 Units
  • Building Dimensions are 9148

Building Details

  • Operating Expense $10,406
  • Net Operating Income $20,284

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$928

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 19TH AVE PEORIA
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1962
  • Tax Year: 2017
  • Directions: Take 19th ave north of Peoria to desert Cove go east to prop on north side of road.
  • Road Surface Type: Gravel, Dirt
  • Tax Parcel Letter: H
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: None
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Lot Size: 9148
  • Additional Parcels: No
  • Parcel #: 159-11-022-H

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Property Net Operating Income: 20284.0
  • Annual Operating Expense: 10406.0

Tax Info

  • Tax Annual Amount: 928.0
  • Tax Book Number: 159.00
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 7, 2021
Sold by
Brogen Matthew L and Brogen Jennifer D
Bought by
Rhodes Nicholas and Rhodes Kelsey
Seller's Agent
David Morgan
HomeSmart Premier
Buyer's Agent
Stacey Crow
Lifestyles Realty Phoenix Inc
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Current Estimated Value
$459,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,319
Avg. Annual Appreciation
4.10%
Original Mortgage
$300,000
Outstanding Balance
$273,381
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$198,367

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 11, 2018
Sold by
Bromm Kristin and Bromm Thomas
Bought by
Brogen Matthew L and Brogen Jennifer D
Seller's Agent
Rosina Forster
Peak Investment Properties
Buyer's Agent
Courtney Dorr
Realty ONE Group
List Price
$223,000
Sold Price
$223,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.82%
Original Mortgage
$167,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2004
Sold by
Bromm Thomas Duncan
Bought by
Bromm Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,900
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2004
Sold by
Hendrick Joel
Bought by
Hendrick Christopher S

Purchase Details

Closed on
Apr 9, 2003
Sold by
Hendrick Evelyn L
Bought by
Hendrick Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2003
Sold by
Seng Salim and Kuon Heng Kim
Bought by
Hendrick Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 1998
Sold by
Farney Bob S
Bought by
Seng Salim and Kuon Heng Kim

Purchase Details

Closed on
Aug 15, 1994
Sold by
Dziuk Joseph J and Dziuk Jennifer A
Bought by
Farney Bob S and Farney Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
8.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 13, 1975
Sold by
Collins Arthur W and Collins Patricia
Bought by
Oconnor Robert and Oconnor Bernice K
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 Equitable Title Agency
Warranty Deed $228,000 First Arizona Title Agency
Interfamily Deed Transfer -- Arizona Title Agency Inc
Warranty Deed $159,950 Arizona Title Agency Inc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- American Title Ins Agency Az
Warranty Deed $150,000 American Title Ins Agency Az
Warranty Deed $144,000 Lawyers Title Of Arizona Inc
Joint Tenancy Deed $63,000 United Title Agency
Joint Tenancy Deed -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $167,250 New Conventional
Previous Owner $121,400 New Conventional
Previous Owner $127,900 Purchase Money Mortgage
Previous Owner $142,500 Purchase Money Mortgage
Previous Owner $142,500 Purchase Money Mortgage
Previous Owner $60,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold $400,000 +6.7% $188 / Sq Ft
07/16/2021 07/16/21 For Sale $375,000 0.0% $177 / Sq Ft
07/16/2021 07/16/21 Price Changed $375,000 0.0% $177 / Sq Ft
06/07/2021 06/07/21 For Sale $375,000 +68.2% $177 / Sq Ft
06/18/2018 06/18/18 Sold $223,000 0.0% $105 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $223,000 -- $105 / 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 $1,040 $8,501 -- --
2024 $1,021 $8,096 -- --
2023 $1,021 $33,300 $6,660 $26,640
2022 $987 $23,780 $4,750 $19,030
2021 $1,000 $20,380 $4,070 $16,310
2020 $975 $18,000 $3,600 $14,400
2019 $957 $15,600 $3,120 $12,480
2018 $932 $11,750 $2,350 $9,400
2017 $928 $10,370 $2,070 $8,300
2016 $911 $9,710 $1,940 $7,770
2015 $843 $8,030 $1,600 $6,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5760192

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-11-022H