NOT LISTED FOR SALE

Estimated Value: $510,000 - $670,076

1 Bed
2 Baths
820 Sq Ft
$699/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $325,000 $396 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,109/month

28 Days on Market

Highlights

  • Central Air
  • Sunnyslope High School Rated A
  • Heating Available

About This Home

As of December 2021

Great income rental property with a strong cap rate. Built in 2005. Tile throughout, vaulted ceilings and low maintenance landscaping. This a rare property featuring 2 THREE BEDROOM 1 bath units. Tenants are both long term and currently month to month.

Last Agent to Sell the Property

M Paula Farace-Outeiral

RE/MAX Professionals License #SA550273000 Listed on: 11/06/2021

RE/MAX Professionals

Last Buyer's Agent

Andrew Jonovich

Realty85 License #SA663375000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $784

Year Built

  • Built in 2005

Lot Details

  • 7,623

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for landscaping
  • Legal Lot and Block 15 / 9500
  • Assessor Parcel Number 158-21-016

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7620
  • Idle Ease Annex Subdivision

Building Details

  • Operating Expense $3,920
  • Gross Income $21,000
  • Net Operating Income $17,274

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$784

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: 19th Ave and Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 2005
  • Tax Year: 2021
  • Directions: North on 19th Avenue, Right on Hatcher, Left on Carol, take curve to left, home will be on the left
  • Road Surface Type: Asphalt
  • Subdivision Name: IDLE EASE ANNEX
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • 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:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:See Remarks15: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1836.0

Lot Info

  • Lot Size: 7620
  • Additional Parcels: No
  • Parcel #: 158-21-016

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 21000.0
  • Insurance Expense: 1300.0
  • Property Net Operating Income: 17274.0
  • Annual Operating Expense: 3920.0

Tax Info

  • Tax Annual Amount: 784.0
  • Tax Block: 9500
  • Tax Book Number: 158.00
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
1724 W Carol Llc
Bought by
Highlander Holdings Llc
Current Estimated Value
$573,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,411
Outstanding Balance
$347,778
Interest Rate
6.48%
Mortgage Type
Construction
Estimated Equity
$244,835

Purchase Details

Closed on
Apr 26, 2022
Sold by
Pollard Joy S and Pollard Michael Joseph
Bought by
1724 W Carol Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,250
Interest Rate
3.39%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 22, 2022
Sold by
Jonovich and Raquel
Bought by
Pollard Joy S and Baker Joseph Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,250
Interest Rate
3.39%
Mortgage Type
Balloon

Purchase Details

Listed on
Nov 6, 2021
Closed on
Dec 14, 2021
Sold by
Blanca Wetmore Living Trust and The Blanca Wetmore Living Trus
Bought by
Jonovich Andrew and Jonovich Raquel
Seller's Agent
M Paula Farace-Outeiral
RE/MAX Professionals
Buyer's Agent
Andrew Jonovich
Realty85
List Price
$399,999
Sold Price
$325,000
Premium/Discount to List
-$74,999
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.22%
Original Mortgage
$325,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2019
Sold by
Wetmore Paul
Bought by
Wetmore Blanca

Purchase Details

Listed on
Jan 14, 2019
Closed on
Feb 28, 2019
Sold by
Phillips Shannon C
Bought by
Wetmore Blanca and Wetmore Paul
Seller's Agent
Timothy Redelsperger
Long Realty Uptown
Buyer's Agent
Timothy Redelsperger
Long Realty Uptown
List Price
$235,000
Sold Price
$238,000
Premium/Discount to List
$3,000
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.04%
Original Mortgage
$176,250
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 14, 2017
Closed on
May 9, 2017
Sold by
Estrada Bryan
Bought by
Phillips Shannon C
Seller's Agent
Carrie Black-Montano
Realty ONE Group
Buyer's Agent
Timothy Redelsperger
Long Realty Uptown
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.02%
Original Mortgage
$135,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2015
Sold by
Big Az Properties Llc
Bought by
Estrada Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2010
Sold by
Tcbb Llc
Bought by
Big Az Properties Llc

Purchase Details

Closed on
Aug 19, 2009
Sold by
Mendoza Matias Ruben
Bought by
Tcbb Llc

Purchase Details

Closed on
May 17, 2005
Sold by
Matias Ruben Mendoza
Bought by
Matias Ruben Mendoza and Mendoza Elena Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 26, 2005
Sold by
Vanderheiden Richard T
Bought by
Star Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 29, 2000
Sold by
Navarette Duana L
Bought by
Cowand Eupal M

Purchase Details

Closed on
Jun 7, 1996
Sold by
Cowand Eupal M
Bought by
Navarrete Duana L
Source: Public Records

Range of Values:

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Average Value
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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
Highlander Holdings Llc $600,000 Empire Title Services
1724 W Carol Llc -- None Listed On Document
Pollard Joy S $425,000 New Title Company Name
Jonovich Andrew $325,000 Lawyers Title
Wetmore Blanca -- None Available
Wetmore Blanca -- None Available
Wetmore Blanca $238,000 First American Title Ins Co
Phillips Shannon C $180,000 Chicago Title Agency Inc
Estrada Bryan $110,000 First American Title Ins Co
Big Az Properties Llc -- None Available
Tcbb Llc $76,000 None Available
Matias Ruben Mendoza -- Grand Canyon Title Agency In
Matias Ruben Mendoza -- Grand Canyon Title Agency In
Matias Ruben Mendoza $222,000 Grand Canyon Title Agency In
Star Development $112,500 Alliance Title Partners
Cowand Eupal M -- --
Navarrete Duana L $80,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highlander Holdings Llc $356,411
Previous Owner Pollard Joy S $361,250
Previous Owner Jonovich Andrew $325,000
Previous Owner Wetmore Blanca $176,250
Previous Owner Phillips Shannon C $135,000
Previous Owner Estrada Bryan $108,007
Previous Owner Matias Ruben Mendoza $177,600
Previous Owner Star Development $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $325,000 -18.7% $396 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $399,999 0.0% $488 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $399,999 +68.1% $488 / Sq Ft
03/27/2019 03/27/19 Sold $238,000 +1.3% $290 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $235,000 0.0% $287 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $235,000 0.0% $287 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $235,000 +30.6% $287 / Sq Ft
05/10/2017 05/10/17 Sold $180,000 -7.7% $220 / Sq Ft
02/14/2017 02/14/17 For Sale $195,000 -- $238 / 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 $815 $6,662 -- --
2024 $800 $6,345 -- --
2023 $800 $29,430 $5,880 $23,550
2022 $774 $20,530 $4,100 $16,430
2021 $784 $17,370 $3,470 $13,900
2020 $764 $15,830 $3,160 $12,670
2019 $750 $12,960 $2,590 $10,370
2018 $731 $10,930 $2,180 $8,750
2017 $727 $9,370 $1,870 $7,500
2016 $714 $8,850 $1,770 $7,080
2015 $661 $7,350 $1,470 $5,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6317729

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-21-016