NOT LISTED FOR SALE

Estimated Value: $724,791 - $799,000

-- Bed
-- Bath
2,592 Sq Ft
$298/Sq Ft Est. Value

Last Sold April 25, 2013

Last sale price $150,000 $58 Per Sq Ft

Est. 414% increase in value since last sale

Current estimated payment $4,184/month

51 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of April 2013

This is a very nice four plex located in a fantastic rental area located very close to the
new Phoenix Children's Hospital, Phoenix Country Club, and North High School. The SR51
is
within
a
mile
and
I-10
is
also
very
close.
This
property
was
completely
remodeled
in
2010
with
new
kitchens,
new
roofs,
new
a/c
units
and
tile
throughout.

Last Agent to Sell the Property

Terry Kass

Coldwell Banker Commercial Realty License #BR503783000 Listed on: 02/20/2013

Coldwell Banker Commercial Realty

Co-Listed By

Jon Dzwonkoski

Red Brick Realty, LLC License #BR643387000

Last Buyer's Agent

Terry Kass

Blue Saguaro Commercial Realty, LLC License #BR503783000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $842

Year Built

  • Built in 1984

Lot Details

  • 8,276

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 48
  • Assessor Parcel Number 117-06-069-K

Community Details

Overview

  • 4 Units
  • Building Dimensions are UNK
  • Greenfield Acres Tract 2 Subdivision

Building Details

  • Operating Expense $842

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$842

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 16th St & Thomas Rd.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: gpci01
  • Co List Office Phone: 602-703-5277
  • Subdivision Name: GREENFIELD ACRES TRACT 2
  • Tax Parcel Letter: K
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: UNK
  • Additional Parcels: No
  • Parcel #: 117-06-069-K

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Operating Expense: 842.0

Tax Info

  • Tax Annual Amount: 842.0
  • Tax Book Number: 117.00
  • Tax Lot: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Footprint Properties Llc
Bought by
Liu Xiaofang and Xu Yan
Current Estimated Value
$771,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,525
Outstanding Balance
$499,360
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$272,088

Purchase Details

Closed on
Sep 26, 2024
Sold by
Liu Xiaofang and Xu Yan
Bought by
Avenue One Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,525
Outstanding Balance
$499,360
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$272,088

Purchase Details

Closed on
Nov 25, 2020
Sold by
Jennings V Thurston J
Bought by
Footprint Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,125
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2020
Sold by
Surani Sohel and Surani Mihir
Bought by
Jennings V Thurston J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,125
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2017
Sold by
Renaissance Homes Llc
Bought by
Surani Schel and Surani Mihir

Purchase Details

Listed on
Feb 20, 2013
Closed on
Apr 17, 2013
Sold by
Pigrussell Holdings Lp
Bought by
Renaissance Homes Llc
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Terry Kass
Coldwell Banker Commercial Realty
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.87%

Purchase Details

Closed on
May 20, 2010
Sold by
Paying Cash For Houses Com Llc
Bought by
Pigrussell Holdings Lp

Purchase Details

Closed on
May 18, 2010
Sold by
Rios Jose and Lopez Irma
Bought by
Paying Cash For Houses Com Llc

Purchase Details

Closed on
Nov 10, 2005
Sold by
Rios Jose and Lopez Irma
Bought by
Rios Jose and Lopez Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2005
Sold by
Marcus Narcis and Marcus Monica
Bought by
Rios Jose and Mercado Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2004
Sold by
Saunders Ronald O and Saunders Frances E
Bought by
Marcus Narcis and Marcus Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 1998
Sold by
Parkin Patricia J
Bought by
Saunders Ronald O and Saunders Frances E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.91%

Purchase Details

Closed on
May 14, 1997
Sold by
Parkin Patricia A
Bought by
Parkin Patricia J and The Henry H Parkin Trust

Purchase Details

Closed on
Mar 7, 1997
Sold by
Sharp Jacqueline J
Bought by
Parkin Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Liu Xiaofang $775,000 Wfg National Title Insurance C
Avenue One Investments Llc -- --
Footprint Properties Llc -- Accommodation
Jennings V Thurston J -- Great American Title Agency
Jennings V Thurston J $517,500 Great American Title Agency
Surani Schel $217,500 Old Republic Title Agency
Renaissance Homes Llc $145,000 Clear Title Agency Of Arizon
Pigrussell Holdings Lp $83,000 Magnus Title Agency
Paying Cash For Houses Com Llc $57,001 None Available
Rios Jose -- Fidelity National Title
Rios Jose $255,000 Lawyers Title Ins
Marcus Narcis $190,000 Ticor Title Agency Of Az Inc
Saunders Ronald O $95,000 Transnation Title Ins Co
Parkin Patricia J -- North American Title Agency
Parkin Patricia J $75,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Xiaofang $504,525
Previous Owner Jennings V Thurston J $388,125
Previous Owner Rios Jose $246,000
Previous Owner Rios Jose $204,000
Previous Owner Marcus Narcis $152,000
Previous Owner Saunders Ronald O $76,500
Previous Owner Parkin Patricia J $60,000
Closed Marcus Narcis $19,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2013 04/25/13 Sold $150,000 -9.1% $58 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $165,000 -- $64 / 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 $1,461 $10,818 -- --
2024 $1,390 $10,303 -- --
2023 $1,390 $46,070 $9,210 $36,860
2022 $1,336 $34,430 $6,880 $27,550
2021 $1,368 $26,020 $5,200 $20,820
2020 $1,335 $22,650 $4,530 $18,120
2019 $1,325 $19,310 $3,860 $15,450
2018 $1,298 $16,870 $3,370 $13,500
2017 $1,248 $15,320 $3,060 $12,260
2016 $1,200 $12,930 $2,580 $10,350
2015 $1,116 $11,020 $2,200 $8,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4893027

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-06-069K