NOT LISTED FOR SALE

Estimated Value: $429,000 - $651,557

1 Bed
-- Bath
1,632 Sq Ft
$329/Sq Ft Est. Value

Sale Details

Date Sold: February 16, 2023

Last sale price $600,000 $368 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,018 / mo

5 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Sunnyslope High School Rated A

About This Home

As of February 2023

All THREE Bedroom units
Seller Carryback possible
2005 build
Ceramic Tile Flooring
Individually Metered for Electric
Ample Parking
Fully Occupied
Washer Dryer Hookups in each unit
VERY Stable (fully occupied) Duplex.

All three bedrooms and laundry included in each unit. The leases are for $1,395 but the tenants pay an extra $100.00 per month towrds the Water/Sewer and Trash.

The Seller is willing to entertain a Seller Carry at 4.5% with a 25% down payment. The length of the note is negotiable as well.

Considering where interest rates are right now this makes this investment very attractive. No pre-payment on the loan.

Buyer to verify all facts.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 01/25/2023

Last Buyer's Agent

Linda CCIM

Stephen Magee Int'l Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $774

Year Built

  • Built in 2005

Lot Details

  • 7,623

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 15
  • Assessor Parcel Number 158-21-016

Community Details

Overview

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

Building Details

  • Operating Expense $8,014
  • Gross Income $34,804
  • Net Operating Income $26,772

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$774

Year Built

Built in 2005

Lot Details

7,623 Sq Ft Lot

Listing Details

  • Cross Street: 17th Ave and Carol
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 2005
  • Tax Year: 2022
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 2790.0
  • Subdivision Name: IDLE EASE ANNEX
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop, Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

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

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Heat Pump, Ceiling Fan(s)
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Fee Information

  • Annual Water Sewer Expense: 1700.0

Lot Info

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

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 34803.6
  • Insurance Expense: 650.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 26772.0
  • Annual Operating Expense: 8014.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 774.0
  • Tax Book Number: 158.00
  • Tax Lot: 15

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Feb 17, 2023
Sold by
Bought by
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%
Views
71
Current Estimated Value
$536,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,361
Avg. Annual Appreciation
-3.17%
Original Mortgage
$356,411
Interest Rate
0.0648%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 26, 2022
Sold by
Bought by

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
0.0293%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 22, 2022
Sold by
Bought by

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
0.0293%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 14, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
0.031%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2019
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
0.0687%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 9, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
0.0414%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2015
Closed on
Dec 3, 2015
Sold by
Bought by
Seller's Agent
Khyl Halbert
Mynd Property Management
Buyer's Agent
Carrie Black-Montano
Realty ONE Group
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.01%
Original Mortgage
$108,007
Interest Rate
0.045%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 19, 2009
Sold by
Bought by

Purchase Details

Closed on
May 17, 2005
Sold by
Bought by

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
0.0574%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 26, 2005
Sold by
Bought by

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
0.0579%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 29, 2000
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 1996
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 Empire Title Services
-- None Listed On Document
$425,000 New Title Company Name
$325,000 Lawyers Title
-- None Available
-- None Available
$238,000 First American Title Ins Co
$180,000 Chicago Title Agency Inc
$110,000 First American Title Ins Co
-- None Available
$76,000 None Available
$222,000 Grand Canyon Title Agency In
-- Grand Canyon Title Agency In
-- Grand Canyon Title Agency In
$112,500 Alliance Title Partners
-- --
$80,000 Stewart Title & Trust
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $356,411
Previous Owner $361,250
Previous Owner $325,000
Previous Owner $176,250
Previous Owner $135,000
Previous Owner $108,007
Previous Owner $40,600
Previous Owner $177,600
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2023 02/16/23 Sold $600,000 0.0% $368 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/28/2023 01/28/23 Price Changed $600,000 -11.1% $368 / Sq Ft
01/25/2023 01/25/23 For Sale $675,000 +513.6% $414 / Sq Ft
12/04/2015 12/04/15 Sold $110,000 0.0% $67 / Sq Ft View Prior Sale
08/13/2015 08/13/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $110,000 -- $67 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $846 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6511647

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-21-016

Your Personal Tour Guide

Ask me questions while you tour the home.