NOT LISTED FOR SALE

Estimated Value: $748,602

Studio
-- Bath
2,576 Sq Ft
$291/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $310,000 $120 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $4,031/month

57 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of February 2018

Great cash flow opportunity with this 4-plex. New AC unit just installed earlier this year and professionally taken care of its entire ownership. Strong leases in place. This property is in a great location.

Last Agent to Sell the Property

Chris Nace

Arizona Best Real Estate License #BR628550000 Listed on: 11/16/2017

Arizona Best Real Estate

Last Buyer's Agent

Christopher Brown

HomeSmart License #SA656199000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1970

Lot Details

  • 9,496

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 35
  • Assessor Parcel Number 117-05-070-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are approx 140'x70'
  • Greenfield Acres Tract 2 Subdivision

Building Details

  • Operating Expense $7,552

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,202

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1970
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENFIELD ACRES TRACT 2
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Water Sewer Expense: 4800.0

Lot Info

  • Lot Size: approx 140'x70'
  • Additional Parcels: No
  • Parcel #: 117-05-070-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 1250.0
  • Annual Operating Expense: 7552.0

Tax Info

  • Tax Annual Amount: 1202.0
  • Tax Book Number: 117.00
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Feb 6, 2018
Sold by
Puskar Charles Esten
Bought by
Yale Fourplex Llc
Seller's Agent
Chris Nace
Arizona Best Real Estate
Buyer's Agent
Christopher Brown
HomeSmart
List Price
$349,000
Sold Price
$310,000
Premium/Discount to List
-$39,000
-11.17%
Current Estimated Value
$748,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,602
Avg. Annual Appreciation
11.76%

Purchase Details

Closed on
May 17, 2005
Sold by
Puskar Patricia Hanson
Bought by
Puskar Charles Esten

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 6, 2005
Sold by
Montes De Oca Gregorio M and Montes De Oca Graciela P
Bought by
Puskar Charles Esten

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 1, 2002
Sold by
Frisco Properties Llc
Bought by
Deoca Gregorio M Montes and Deoca Graciela P Montes
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
Yale Fourplex Llc $310,000 Greystone Title Agency Llc
Puskar Charles Esten -- Ticor Title Agency Of Az Inc
Puskar Charles Esten $303,000 Ticor Title Agency Of Az Inc
Deoca Gregorio M Montes $164,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Puskar Charles Esten $242,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2018 02/13/18 Sold $310,000 -11.2% $120 / Sq Ft
01/11/2018 01/11/18 Pending -- -- --
11/15/2017 11/15/17 For Sale $349,000 -- $135 / 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 $1,407 $10,416 -- --
2024 $1,339 $9,920 -- --
2023 $1,339 $45,960 $9,190 $36,770
2022 $1,286 $34,460 $6,890 $27,570
2021 $1,317 $26,230 $5,240 $20,990
2020 $1,285 $22,520 $4,500 $18,020
2019 $1,276 $19,010 $3,800 $15,210
2018 $1,250 $16,550 $3,310 $13,240
2017 $1,202 $14,980 $2,990 $11,990
2016 $1,155 $12,620 $2,520 $10,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5688488

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-05-070C