NOT LISTED FOR SALE

1702 E Harvard St Phoenix, AZ 85006

Estimated Value: $551,238 - $850,000

-- Bed
-- Bath
2,560 Sq Ft
$293/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $320,000 $125 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $4,186/month

13 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of April 2018

Are you looking for a 4 plex in Phoenix, without needed repairs, fully rented AND would qualify for financing? Then here's your property!
This is a FULLY OCCUPIED single level
4 plex in a Great Area with (4) 2BD/1BA units each 640 sq ft. The building is updated: all dual pane windows, all new fiberglass front doors, all new security doors, new exterior paint, one unit has a new kitchen, one unit has a new bath, three units have new hot water heaters, automatic water saving exterior drip system & all the air conditioners are only approx 5 yrs old! This is individually metered for electricity & well maintained by the owner/manager. Located close to the Phoenix Children's hospital in Greenfield Acres and a short distance away from the SR 51 and Loop 202. Area is easy to keep leased!

Last Agent to Sell the Property

Patrick O'Sullivan

Get Multifamily License #BR634211000 Listed on: 02/02/2018

Co-Listed By

HEATHER BINDER

Sellwhenever License #BR507967000

Last Buyer's Agent

Fabian Torres

A.Z. & Associates License #SA653654000

A.Z. & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 1983

Lot Details

  • 6,926

Home Design

  • Composition Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 41
  • Assessor Parcel Number 117-05-082-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Greenfield Acres Tract 2 Subdivision

Building Details

  • Operating Expense $9,881
  • Gross Income $25,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,208

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Thomas Road and 16th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2017
  • Directions: South on 16th Street to Harvard, West to property on the North side
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: capc01
  • Co List Office Phone: 480-409-1429
  • Subdivision Name: Greenfield Acres Tract 2
  • Tax Parcel Letter: C
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: 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: Painted, Stucco, Block, Slump Block
  • Roof: Composition, Foam, Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • 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

Association/Amenities

  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 2162.72
  • Annual Water Sewer Expense: 2162.71

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 117-05-082-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 25500.0
  • Insurance Expense: 949.0
  • Maintenance Expense: 3383.59
  • Annual Operating Expense: 9880.68

Tax Info

  • Tax Annual Amount: 1208.0
  • Tax Book Number: 117.00
  • Tax Lot: 41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Torres Fabian
Bought by
Torres Fabian and Murillo Mario Torres
Current Estimated Value
$749,060

Purchase Details

Listed on
Feb 2, 2018
Closed on
Mar 14, 2018
Sold by
Provision Properties Llc
Bought by
Torres Fabian
Seller's Agent
Patrick O'Sullivan
Get Multifamily
Buyer's Agent
Fabian Torres
A.Z. & Associates
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%
Original Mortgage
$314,204
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2015
Sold by
Selby Chris R and Prall Beth A
Bought by
Provision Properties Llc

Purchase Details

Listed on
Sep 20, 2013
Closed on
Dec 12, 2013
Sold by
Eagle Investments V Llc
Bought by
Selby Christopher R and Prall Beth A
Seller's Agent
Terry Kass
R.O.I. Properties
Buyer's Agent
Patrick O'Sullivan
Get Multifamily
List Price
$169,000
Sold Price
$162,000
Premium/Discount to List
-$7,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%
Original Mortgage
$121,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2012
Closed on
Jul 24, 2013
Sold by
Beltran Gustavo Ariel
Bought by
Eagle Investments V Llc
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$89,000
Sold Price
$102,000
Premium/Discount to List
$13,000
14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
237.85%

Purchase Details

Closed on
Jun 6, 2006
Sold by
Beltran Gustavo
Bought by
Beltran Gustavo Ariel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,500
Interest Rate
6.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2005
Sold by
Chohan Revinder
Bought by
Beltran Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,100
Interest Rate
5.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2004
Sold by
Orozco Robert Julian
Bought by
Chohan Revinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,700
Interest Rate
5.95%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 14, 1998
Sold by
Wong Rosa
Bought by
Orozco Roberto Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,405
Interest Rate
6.82%
Mortgage Type
FHA
Source: Public Records

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
Torres Fabian -- --
Torres Fabian $320,000 Empire West Title Agency Llc
Provision Properties Llc -- None Available
Provision Properties Llc -- None Available
Selby Christopher R $162,000 Empire West Title Agency
Eagle Investments V Llc $102,000 Chicago Title Agency Inc
Beltran Gustavo Ariel $267,500 Old Republic Title Co
Beltran Gustavo $289,000 Arizona Title Agency Inc
Chohan Revinder $191,900 Title Partners For Alliance
Orozco Roberto Julian $93,900 Equity Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Fabian $314,204
Previous Owner Selby Christopher R $121,500
Previous Owner Beltran Gustavo Ariel $267,500
Previous Owner Beltran Gustavo $260,100
Previous Owner Chohan Revinder K $28,700
Previous Owner Chohan Revinder $153,500
Previous Owner Orozco Roberto J $106,067
Previous Owner Orozco Roberto Julian $93,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $320,000 0.0% $125 / Sq Ft
02/16/2018 02/16/18 Price Changed $320,000 +1.6% $125 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $315,000 +94.4% $123 / Sq Ft
12/13/2013 12/13/13 Sold $162,000 -4.1% $63 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $169,000 +65.7% $66 / Sq Ft
07/27/2013 07/27/13 Sold $102,000 +14.6% $40 / Sq Ft
06/25/2013 06/25/13 Pending -- -- --
05/16/2012 05/16/12 For Sale $89,000 -- $35 / 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 $1,361 $10,471 -- --
2024 $1,346 $9,973 -- --
2023 $1,346 $44,730 $8,940 $35,790
2022 $1,293 $33,470 $6,690 $26,780
2021 $1,324 $25,160 $5,030 $20,130
2020 $1,292 $21,880 $4,370 $17,510
2019 $1,283 $18,780 $3,750 $15,030
2018 $1,257 $14,880 $2,970 $11,910
2017 $1,208 $14,960 $2,990 $11,970
2016 $1,161 $12,550 $2,510 $10,040
2015 $1,080 $10,730 $2,140 $8,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5718349

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-05-082C