NOT LISTED FOR SALE

Estimated Value: $462,179 - $1,015,000

9 Beds
4 Baths
3,672 Sq Ft
$170/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $940,000 $256 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $3,722/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • Parking Storage or Cabinetry
  • Forced Air Heating System
  • No HOA
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of September 2021

NINE BEDROOM/ 4 BATH Multi Family! Rare opportunity to own 2 duplexes. One unit was just vacated, Seller has renters lined up but wanted to allow the new buyer the opportunity to live in OR rent all units. All units currently rented UNDER market value so income could go UP! Also includes detached 2 car garage with storage shed. Shared driveway w/dedicated private parking for all units.
Bedroom count/sq ft is inclusive of both properties.
16628 3 bedroom, 1 bath, sprinkler system, AC, upgraded kitchen and bath, updated floors, upgraded canned lighting, electronic entry, nice rear landscaping, fenced, leased through 4/22
16638 2 bed 1 bath updated kitchen & bath, new kitchen flooring, fenced back area.
16648 2 bed/1 bath leased until April 2022
16658 2 bed/1 bath leased until Aug 2022
No interior showings of the duplexes until contract due to tenant's privacy. However, 3D tours are available.
Two properties sold as one asset, hurry before seller signs lease for viewable unit!

Last Listed By

Jennifer Sells

eXp Realty, LLC License #100022495 Listed on: 08/14/2021

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 1973

Lot Details

  • 0.33 Acre Lot
  • 1 Common Wall
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,672 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Schools

  • Laredo Elementary School
  • East Middle School
  • Hinkley High School

Utilities

  • Forced Air Heating System
  • 110 Volts
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Exclusions: UNIT 16628 attached TV unit belongs to renter, washers and dryers all units belong to tenants.
  • Tenant pays for electricity, gas, trash collection
  • The owner pays for insurance, taxes, water
  • Assessor Parcel Number 031317959

Community Details

Overview

  • No Home Owners Association
  • Apache Mesa Subdivision

Building Details

  • Operating Expense $11,125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,466

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Contemporary
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 3672
  • Exclusions: UNIT 16628 attached TV unit belongs to renter, washers and dryers all units belong to tenants.
  • Living Area: 3672
  • SubdivisionName: Apache Mesa
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.98947
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Flooring: Laminate
  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 9

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Wood Siding

Garage/Parking

  • Parking Features: Storage
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 8
  • REC_ParkingCount: 2

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 11125

Schools

  • Middle Or Junior School: East

Lot Info

  • Parcel Number: 031317959
  • Lot Size Acres: 0.33
  • Fencing: Partial
  • Building Area Total: 3672
  • Lot Features: Level
  • Lot Size Sq Ft: 14505
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Insurance, Taxes, Water
  • Tenant Pays: Electricity, Gas, Trash Collection

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2466

MLS Schools

  • Elementary School: Laredo
  • High School: Hinkley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Sep 27, 2021
Sold by
Vargas Jese Tover
Bought by
The Delta Trust
Seller's Agent
Jennifer Sells
eXp Realty, LLC
Buyer's Agent
Jennifer Reinhardt
Atlas Real Estate Group
List Price
$950,000
Sold Price
$940,000
Premium/Discount to List
-$10,000
-1.05%
Total Days on Market
5
Current Estimated Value
$623,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$316,205
Avg. Annual Appreciation
-10.57%
Original Mortgage
$258,750
Outstanding Balance
$238,501
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$385,294

Purchase Details

Closed on
Apr 15, 2015
Sold by
Pfaff Land Company Llc
Bought by
Vargas Jese Tovar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,375
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2015
Sold by
Pfaff Land Company Llc
Bought by
Vargas Jese Tovar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,375
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2008
Sold by
Pfaff Trevor K and Pfaff Jeanise A
Bought by
Pfaff Land Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,500
Interest Rate
2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 1, 1978
Sold by
Conversion Arapco
Bought by
Conversion Arapco

Purchase Details

Closed on
Jul 4, 1776
Bought by
Conversion Arapco

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
The Delta Trust $495,000 Apex Title Llc
Vargas Jese Tovar $212,500 Land Title Guarantee Company
Vargas Jese Tovar $230,000 Land Title Guarantee Company
Pfaff Land Co Llc -- None Available
Conversion Arapco -- --
Conversion Arapco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Delta Trust $258,750
Previous Owner Vargas Jese Tovar $202,752
Previous Owner Vargas Jese Tovar $159,375
Previous Owner Vargas Jese Tovar $225,834
Previous Owner Pfaff Land Co Llc $75,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $940,000 -1.1% $256 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $950,000 -- $259 / Sq Ft
Source: REcolorado®

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
2024 $2,771 $29,815 -- --
2023 $2,771 $29,815 $0 $0
2022 $2,595 $25,840 $0 $0
2021 $2,737 $25,840 $0 $0
2020 $2,466 $23,688 $0 $0
2019 $2,453 $23,688 $0 $0
2018 $2,035 $19,246 $0 $0
2017 $1,770 $19,246 $0 $0
2016 $1,460 $15,538 $0 $0
2015 $1,409 $15,538 $0 $0
2014 $1,140 $12,107 $0 $0
2013 -- $12,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3987364

REcolorado®

APN: 1975-05-1-09-043