NOT LISTED FOR SALE

Estimated Value: $334,903 - $500,000

-- Bed
-- Bath
1,104 Sq Ft
$376/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $184,000 $167 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,404/month

53 Days on Market

Highlights

  • Cooling Available
  • The Creighton Academy Rated 9+
  • Heating Available

About This Home

As of March 2019

SOLID ALL BLOCK, ALL TILE UNITS .
BOTH UNITS ARE ONE BEDROOMS. UNIT B RENTED AT 700.00 A MONTH AND IS MONTH TO MONTH. UNIT A IS RENTED AT 750.00 AND IS ON A ONE YEAR LEASE.
BOTH UNITS HAVE LARGE BACKYARDS AND WASHER DRYERS.

Last Agent to Sell the Property

Jon Dzwonkoski

Greater Phoenix Management License #BR643387000 Listed on: 01/08/2019

Last Buyer's Agent

David Rod

Keller Williams Arizona Realty License #BR030757000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 1957

Lot Details

  • 5,663

Home Design

  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 120-20-073-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are UNKNOWN

Building Details

  • Operating Expense $4,190
  • Gross Income $16,530
  • Net Operating Income $12,430

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$550

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: 31ST STREET AND MCDOWELL
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2019
  • Directions: NORTH ON 31ST STREET FROM MCDOWELL, ON RIGHT HAND SIDE.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 840.0
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Block
  • Roof: See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:None30: Yes

Utilities

  • Electric: SRP
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Fee Information

  • Annual Water Sewer Expense: 1440.0

Schools

  • Junior High Dist: Out of Area

Lot Info

  • Lot Size: UNKNOWN
  • Additional Parcels: No
  • Parcel #: 120-20-073-B

Multi Family

  • Owner Pays: Other, Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 16530.0
  • Insurance Expense: 400.0
  • Maintenance Expense: 960.0
  • Property Net Operating Income: 12430.0
  • Annual Operating Expense: 4190.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 550.0
  • Tax Book Number: 120.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Mar 5, 2019
Sold by
Kitale 1713 Llc
Bought by
Blossom Properties Llc
Seller's Agent
Jon Dzwonkoski
Greater Phoenix Management
Buyer's Agent
David Rod
Keller Williams Arizona Realty
List Price
$194,500
Sold Price
$184,000
Premium/Discount to List
-$10,500
-5.4%
Total Days on Market
53
Current Estimated Value
$415,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,476
Avg. Annual Appreciation
14.27%

Purchase Details

Closed on
Dec 28, 2015
Sold by
Ruiru Catherine
Bought by
Kitale 1713 Llc

Purchase Details

Closed on
Jun 17, 2014
Sold by
Nugent Mark
Bought by
Ruiru Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2013
Sold by
Sabillon Jose
Bought by
A D West Real Propertry Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2012
Sold by
Flip University Llc
Bought by
Sabillion Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2012
Sold by
Canadian Investors Associates Llc
Bought by
Flip University Llc

Purchase Details

Closed on
Sep 9, 2010
Sold by
Lcr Properties Llc
Bought by
Canadian Investors Associates Llc

Purchase Details

Closed on
Jan 20, 2010
Sold by
Ehlen Gloria F and Rousau Donald E
Bought by
Lcr Properties Llc
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 Buyer Sale Price Title Company
Blossom Properties Llc $184,000 First American Title Ins Co
Kitale 1713 Llc -- None Available
Ruiru Catherine -- Driggs Title Agency Inc
Ruiru Catherine $106,000 Driggs Title Agency Inc
A D West Real Propertry Llc -- Driggs Title Agency Inc
Sabillion Jose $35,000 Stewart Title & Trust Of Pho
Flip University Llc -- None Available
Canadian Investors Associates Llc -- None Available
Lcr Properties Llc $14,282 Empire West Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruiru Catherine $79,500
Previous Owner A D West Real Propertry Llc $52,000
Previous Owner A D West Real Property Llc $52,000
Previous Owner Sabillion Jose $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $184,000 -5.4% $167 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
01/19/2019 01/19/19 For Sale $194,500 +5.7% $176 / Sq Ft
01/08/2019 01/08/19 Off Market $184,000 -- --
01/07/2019 01/07/19 For Sale $194,500 -- $176 / 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 $864 $6,649 -- --
2024 $854 $6,332 -- --
2023 $854 $23,730 $4,740 $18,990
2022 $821 $17,750 $3,550 $14,200
2021 $841 $15,120 $3,020 $12,100
2020 $821 $12,380 $2,470 $9,910
2019 $815 $10,170 $2,030 $8,140
2018 $798 $8,480 $1,690 $6,790
2017 $767 $8,380 $1,670 $6,710
2016 $737 $7,000 $1,400 $5,600
2015 $686 $6,160 $1,230 $4,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5864504

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-20-073B