NOT LISTED FOR SALE

Estimated Value: $446,794 - $1,014,000

1 Bed
-- Bath
2,646 Sq Ft
$249/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $270,000 $102 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,569/month

189 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Sunnyslope High School Rated A
  • Heating System Uses Natural Gas

About This Home

As of March 2018

This is an offering of 6 studio units located within ''Mountain View Acres'' subvision. This 6-plex apartment building is located in the area of 19th Ave & Mountain View Rd. These units are individually metered for electric & gas and the tenants are responsible for payment of these services. This apartment building is located 1 block from Mountain View Elementary School. The offering price for this great investment property is $48,300/unit. Light rail is just south of this property for transportation convenience as well as Valley Metro Transit within walking distance. Property is at full occupancy.

Last Agent to Sell the Property

Stephany Bullington

My Home Group Real Estate License #SA555975000 Listed on: 09/18/2017

My Home Group Real Estate

Co-Listed By

Rory Bullington

My Home Group Real Estate License #SA653562000

Last Buyer's Agent

Andrew Tate

Keller Williams Arizona Realty License #BR038343000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $811

Year Built

  • Built in 1965

Lot Details

  • 10,324

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 8
  • Assessor Parcel Number 158-23-062-A

Community Details

Overview

  • 6 Units
  • Building Dimensions are 78 x 135
  • Mountain View Acres Subdivision

Building Details

  • Operating Expense $6,811
  • Gross Income $32,091
  • Net Operating Income $17,311

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$811

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: 19th Ave & Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1965
  • Tax Year: 2016
  • Directions: From Dunlap go North to Mountain View then East to 17th Ave. Property is located on SE Corner.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: wsrr01
  • Co List Office Phone: 480-722-9800
  • Subdivision Name: Mountain View Acres
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Construction Type: Painted, Block, Brick
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 9.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Lot Info

  • Lot Size: 78 x 135
  • Additional Parcels: No
  • Parcel #: 158-23-062-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 6
  • Annual Gross Income: 32091.0
  • Insurance Expense: 1800.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 17310.8
  • Annual Operating Expense: 6811.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 811.0
  • Tax Book Number: 158.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
Yolanda Investments Llc
Bought by
Ella 2021 Llc
Current Estimated Value
$658,598

Purchase Details

Listed on
Sep 18, 2017
Closed on
Apr 2, 2018
Sold by
Achieve Inc
Bought by
Yolanda Investments Llc
Seller's Agent
Stephany Bullington
My Home Group Real Estate
Buyer's Agent
Andrew Tate
Keller Williams Arizona Realty
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jul 19, 2017
Sold by
Complexes Llc
Bought by
Achieve Inc
Seller's Agent
Mark Archer
My Home Group Real Estate
Buyer's Agent
Stephany Bullington
My Home Group Real Estate
List Price
$315,000
Sold Price
$190,000
Premium/Discount to List
-$125,000
-39.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.66%

Purchase Details

Closed on
Dec 29, 2015
Sold by
Kramer Brian
Bought by
Amazing Complexes Llc

Purchase Details

Closed on
Jan 21, 2015
Sold by
Spencer S Investing Llc
Bought by
Kramer Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 16, 2015
Sold by
The Bakerson Family Fund Llc
Bought by
Spencer S Investing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.75%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 29, 2014
Closed on
Nov 14, 2014
Sold by
Huynh Kim M and Huynh Scott
Bought by
The Bakerson Family Fund Llc
Seller's Agent
Eric Hegarty
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Laura Good
Better Homes & Gardens Real Estate SJ Fowler
List Price
$190,000
Sold Price
$144,000
Premium/Discount to List
-$46,000
-24.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.88%

Purchase Details

Closed on
Sep 23, 2006
Sold by
Tong H Huynh
Bought by
Kim M

Purchase Details

Closed on
Nov 30, 2000
Sold by
Tong Fook Hoi and Tong Tip Ning
Bought by
Huynh Tong Han and Huynh Kim Mai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
7.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 1999
Sold by
Mettavest Properties Llc
Bought by
Tong Fook Hoi and Tong Tip Ning

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 27, 1997
Sold by
Windermere Investments Inc
Bought by
Mettavest Properties Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ella 2021 Llc -- Security Title
Yolanda Investments Llc $270,000 Security Title Agency Inc
Achieve Inc $190,000 Magnus Title Agency
Amazing Complexes Llc -- Security Title Agency Inc
Kramer Brian $200,000 Security Title Agency
Spencer S Investing Llc $177,000 Security Title Agency
The Bakerson Family Fund Llc $144,000 Pioneer Title Agency Inc
Kim M -- None Available
Huynh Tong Han $130,000 Title Guaranty Agency
Tong Fook Hoi $106,000 Capital Title Agency Inc
Mettavest Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huynh Tong Han $25,500
Previous Owner Tong Fook Hoi $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $270,000 -3.5% $102 / Sq Ft
03/24/2018 03/24/18 For Sale $279,900 0.0% $106 / Sq Ft
10/30/2017 10/30/17 Price Changed $279,900 -3.4% $106 / Sq Ft
09/18/2017 09/18/17 For Sale $289,900 +52.6% $110 / Sq Ft
07/24/2017 07/24/17 Sold $190,000 -39.7% $72 / Sq Ft
07/12/2017 07/12/17 For Sale $315,000 0.0% $119 / Sq Ft
07/12/2017 07/12/17 Price Changed $315,000 0.0% $119 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $315,000 +118.8% $119 / Sq Ft
11/14/2014 11/14/14 Sold $144,000 -24.2% $54 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $190,000 -- $72 / 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 $926 $7,573 -- --
2024 $909 $7,212 -- --
2023 $909 $39,050 $7,810 $31,240
2022 $880 $27,830 $5,560 $22,270
2021 $891 $23,770 $4,750 $19,020
2020 $869 $21,080 $4,210 $16,870
2019 $853 $17,100 $3,420 $13,680
2018 $831 $14,120 $2,820 $11,300
2017 $826 $12,170 $2,430 $9,740
2016 $811 $11,480 $2,290 $9,190
2015 $751 $9,760 $1,950 $7,810
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5661820

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-23-062A