NOT LISTED FOR SALE

1746 E Virginia Ave Phoenix, AZ 85006

Estimated Value: $697,948 - $959,000

-- Bed
-- Bath
1,560 Sq Ft
$502/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $160,000 $103 Per Sq Ft

Est. 389% increase in value since last sale

Current estimated payment $4,384/month

72 Days on Market

Highlights

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

About This Home

As of December 2013

100% Occupied Stable Four Plex. $500 per month in rent. Also can be sold in a bigger 38 unit package. Contact listing agent for more details. All 2 Beds and 1 baths.

Last Agent to Sell the Property

Steve Olson

Keller Williams Realty Biltmore Partners License #SA582189000 Listed on: 09/16/2013

Last Buyer's Agent

Bryan Vasquez

eXp Realty License #BR533332000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1971

Lot Details

  • 10,324

Home Design

  • Composition Roof
  • Block Exterior

Parking

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot 4
  • Assessor Parcel Number 117-04-071

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are irr
  • Mccreary Place Subdivision

Building Details

  • Operating Expense $9,931
  • Gross Income $22,310
  • Net Operating Income $16,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$852

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: 16st/Thomas
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: r3
  • Number Of Buildings: 2
  • Year Built: 1971
  • Tax Year: 2012
  • Directions: South on 16st then east on Yale to 17 way then to property
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2231.0
  • Subdivision Name: McCreary place
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

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

Utilities

  • Electric: APS
  • Cooling: Other, See Remarks
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Drapes2: Yes

Fee Information

  • Annual Water Sewer Expense: 5412.0

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 117-04-071

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 4
  • Annual Gross Income: 22309.8
  • Insurance Expense: 900.0
  • Maintenance Expense: 536.0
  • Property Net Operating Income: 16000.0
  • Annual Operating Expense: 9931.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 852.0
  • Tax Book Number: 117.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2013
Closed on
Dec 13, 2013
Sold by
Coffee Cup A Llc
Bought by
Mccune Ruth A and Mccune Frank Y
Seller's Agent
Steve Olson
Keller Williams Realty Biltmore Partners
Buyer's Agent
Bryan Vasquez
eXp Realty
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$782,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,487
Avg. Annual Appreciation
13.00%
Original Mortgage
$120,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2012
Sold by
Foreclosure Assistance Co Llc
Bought by
Coffee Cup A Llc

Purchase Details

Closed on
Oct 8, 2010
Sold by
Benavides David L and Benavides Rosanne
Bought by
Foreclosure Assistance Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,500
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 20, 2004
Sold by
Chand Vilash and Chand Praveen
Bought by
Benavidez David L and Benavidez Rosanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,600
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2003
Sold by
Sanchez Hector
Bought by
Chand Vilash and Chand Praveen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,600
Interest Rate
5.54%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 15, 2000
Sold by
Natale Joseph J and Natale Teresa
Bought by
Sanchez Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
9.99%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 1998
Sold by
Priority Investments Inc
Bought by
Natale Joseph J and Natale Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,256
Interest Rate
6.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 21, 1998
Sold by
Priority Inv Inc
Bought by
Natale Joseph J and Natale Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,256
Interest Rate
6.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 10, 1998
Sold by
Shayne Enterprises Inc and Murphy William J
Bought by
Priority Investments Inc

Purchase Details

Closed on
Oct 7, 1996
Sold by
Murphy William J
Bought by
Shayne Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,400
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 1994
Sold by
Lin Chi Lieh
Bought by
Murphy William J
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
Mccune Ruth A $160,000 Magnus Title Agency
Coffee Cup A Llc $135,000 Fidelity National Title Agen
Foreclosure Assistance Company Llc $79,500 None Available
Benavidez David L $185,800 Tsa Title Agency
Chand Vilash $176,000 American Title Ins Agency Az
Sanchez Hector $140,000 Grand Canyon Title Agency In
Natale Joseph J -- --
Natale Joseph J -- Security Title Agency
Priority Investments Inc -- --
Shayne Enterprises Inc $84,000 Old Republic Title Agency
Murphy William J $80,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccune Ruth A $115,500
Closed Mccune Ruth A $120,000
Previous Owner Foreclosure Assitance Company Llc $99,500
Previous Owner Foreclosure Assistance Company Llc $99,500
Previous Owner Benavidez David L $148,600
Previous Owner Chand Vilash $17,600
Previous Owner Chand Vilash $140,800
Previous Owner Sanchez Hector $126,000
Previous Owner Natale Joseph J $8,256
Previous Owner Shayne Enterprises Inc $73,400
Closed Sanchez Hector $7,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $160,000 -8.6% $103 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
09/16/2013 09/16/13 For Sale $175,000 -- $112 / 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 $1,550 $11,926 -- --
2024 $1,533 $11,358 -- --
2023 $1,533 $51,670 $10,330 $41,340
2022 $1,472 $37,710 $7,540 $30,170
2021 $1,508 $29,670 $5,930 $23,740
2020 $1,472 $26,220 $5,240 $20,980
2019 $1,461 $22,470 $4,490 $17,980
2018 $1,431 $19,920 $3,980 $15,940
2017 $1,376 $17,220 $3,440 $13,780
2016 $1,323 $14,370 $2,870 $11,500
2015 $1,230 $12,270 $2,450 $9,820
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steve Olson

    Keller Williams Realty Biltmore Partners

  • Bryan Vasquez

    Buyer's Agent in 2013

    Bryan Vasquez

    eXp Realty

    (480) 382-8007

    30 Total Sales

    Bryan Vasquez
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4999939

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-04-071

Arizona Maricopa County Phoenix 85006

1746 E Virginia Ave, Phoenix, AZ

This home is located at 1746 E Virginia Ave, Phoenix, AZ 85006 since 16 September 2013 and is currently estimated at $782,487, approximately $501 per square foot. This property was built in 1971. 1746 E Virginia Ave is a home located in Maricopa County with nearby schools including Loma Linda Elementary School, North High School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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