NOT LISTED FOR SALE

Estimated Value: $331,000 - $540,000

Studio
1 Bath
600 Sq Ft
$794/Sq Ft Est. Value

Sale Details

Date Sold: March 12, 2019

Last sale price $265,000 $442 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,589 / mo

148 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of March 2019

4 PLEX on LARGE 20,200 SF LOT with R4 Zoning & GREAT LIGHT RAIL ACCESS! All 4 units are occupied and have New Roofs, New HVAC, New Electrical, New Plumbing & New Water Heaters. All units have individual electric meters, and gas is at 3 of the 4 units. Various interior upgrades have been completed in each of the 4 units. Break Down is... 1 - 3Bed/1Bath...
2 - 1Bed/1Bath... 1 - Studio Unit. All units are occupied and 3 of the 4 tenants have been in place for longer than 2 years. Call listing agent for further details.

Last Agent to Sell the Property

Nathan Wade

GIV Realty, LLC License #BR522319000 Listed on: 10/03/2018

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

  • $839

Year Built

  • Built in 1957

Lot Details

  • Property fronts an alley

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Mountain View Elementary School
  • Sunnyslope High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, sewer
  • Legal Lot and Block 10 / 2
  • Assessor Parcel Number 158-21-102

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Building Dimensions are 100X200
  • Idle Ease Subdivision

Building Details

  • Operating Expense $3,937
  • Gross Income $28,200
  • Net Operating Income $24,263

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$839

Year Built

Built in 1957

Lot Details

0.46 Acres

Listing Details

  • Cross Street: 19 TH AVE/ N OF DUNLAP
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2018
  • Road Frontage Type: Alley
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: IDLE EASE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • 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:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling, Window/Wall Unit, Electric, Individual
  • 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: Other, See Remarks

Fee Information

  • Trash Expense: 840.0
  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Mountain View Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Mountain View Elementary School

Lot Info

  • Lot Size: 100X200
  • Additional Parcels: No
  • Parcel #: 158-21-102

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 28200.0
  • Insurance Expense: 1058.0
  • Property Net Operating Income: 24263.0
  • Annual Operating Expense: 3937.0

Tax Info

  • Tax Annual Amount: 839.0
  • Tax Block: 2
  • Tax Book Number: 158.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Mar 8, 2019
Sold by
Cypress Creek Llc
Bought by
Shuki Xxxiv Llc
Seller's Agent
Nathan Wade
GIV Realty, LLC
Buyer's Agent
Andrew Tate
Keller Williams Arizona Realty
List Price
$350,000
Sold Price
$265,000
Premium/Discount to List
-$85,000
-24.29%
Current Estimated Value
$476,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,209
Avg. Annual Appreciation
8.61%

Purchase Details

Closed on
Dec 10, 2014
Sold by
Wicevich Austin and Wicevich Lauren N
Bought by
Cypress Creek Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 14, 2013
Closed on
Mar 27, 2013
Sold by
Alcantar Margarita
Bought by
August Building Company Llc
Seller's Agent
Elia Solis
Solis Realty
Buyer's Agent
John Hopkins
Nu-Way Realty
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.18%

Purchase Details

Listed on
Feb 14, 2013
Closed on
Mar 14, 2013
Sold by
Brizuela Ventura
Bought by
Alcantar Margarita
Seller's Agent
Elia Solis
Solis Realty
Buyer's Agent
John Hopkins
Nu-Way Realty
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%

Purchase Details

Closed on
Nov 29, 2004
Sold by
Alcantar Margarita
Bought by
Alcantar Margarita and Brizuela Ventura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2002
Sold by
Mae Christopher Kenneth E and Mae Christopher Eula
Bought by
Alcantar Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.84%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Shuki Xxxiv Llc $265,000 Security Title Agency Inc
Cypress Creek Llc -- Accommodation
Wicevich Austin -- Greystone Title Agency Llc
August Building Company Llc $40,000 Pioneer Title Agency Inc
Alcantar Margarita -- Pioneer Title Agency Inc
Alcantar Margarita -- Lawyers Title Ins
Alcantar Margarita $125,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cypress Creek Llc $105,000
Previous Owner Alcantar Margarita $123,750
Previous Owner Alcantar Margarita $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2019 03/12/19 Sold $265,000 -15.9% $442 / Sq Ft
02/10/2019 02/10/19 Price Changed $315,000 -2.9% $525 / Sq Ft
01/08/2019 01/08/19 Price Changed $324,500 -7.3% $541 / Sq Ft
10/03/2018 10/03/18 For Sale $350,000 +900.0% $583 / Sq Ft
04/07/2013 04/07/13 Sold $35,000 -12.5% $58 / Sq Ft View Prior Sale
02/08/2013 02/08/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $40,000 -- $67 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $972 $7,645 -- --
2024 $918 $7,281 -- --
2023 $918 $39,310 $7,860 $31,450
2022 $888 $26,850 $5,370 $21,480
2021 $900 $23,380 $4,670 $18,710
2020 $877 $17,380 $3,470 $13,910
2019 $861 $15,200 $3,040 $12,160
2018 $839 $11,310 $2,260 $9,050
2017 $834 $10,220 $2,040 $8,180
2016 $819 $9,470 $1,890 $7,580
2015 $759 $7,630 $1,520 $6,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5828358

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-21-102

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