NOT LISTED FOR SALE
17 Beds
-- Bath
22,202 Sq Ft
2002 Built

Sale Details

Date Sold: May 3, 2019

Last sale price $525,000 $24 Per Sq Ft

210 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • 5-minute walk to 8th St Park
  • Central Heating and Cooling System

About This Home

As of May 2019

2 story building with 10 cozy and nice apartments kept in in pristine conditions. Rent includes water bill and washer and dryer. Good location, close to Call Center, Bank, Stores, Gas Stations, Restaurants, Schools. All are presently rented. Good income. Listing Agent spouse of Broker. Broker is one of the owners of the property. Some of the expenses will be adjusted later on.

Last Agent to Sell the Property

Maria Gutierrez

Douglas Realty Group License #SA630556000 Listed on: 09/13/2018

Last Buyer's Agent

Irene Garcia

Douglas Realty Group License #SA573384000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,085

Year Built

  • Built in 2002

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Paved Parking

Schools

  • Stevenson Elementary School
  • Paul H Huber Jr High Middle School
  • Douglas High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 02 / 09
  • Assessor Parcel Number 409-17-045

Community Details

Overview

  • 10 Units
  • Building Dimensions are 99.89 x 151.07
  • Mccullars 1St Add Subdivision

Building Details

  • Operating Expense $27,635
  • Gross Income $65,111
  • Net Operating Income $37,476

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,085

Year Built

Built in 2002

Listing Details

  • Cross Street: From Wells Fargo Bank
  • Property Type: Multiple Dwellings
  • Zoning: Gral Commercial
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2002
  • Tax Year: 2017
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 5250.0
  • Subdivision Name: McCullars 1st ADD
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Central A/C
  • Heating: Central, Heat Pump, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Shutters2: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Trash Expense: 3500.0
  • Annual Water Sewer Expense: 4050.0

Schools

  • Elementary School: Stevenson Elementary School
  • High School: Douglas High School
  • Junior High Dist: Douglas Unified District
  • Middle Or Junior School: Paul H Huber Jr High School

Lot Info

  • Lot Size: 99.89 x 151.07
  • Additional Parcels: No
  • Parcel #: 409-17-045

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 10
  • Electric Expense: 250.0
  • Annual Gross Income: 65111.2
  • Insurance Expense: 2500.0
  • Maintenance Expense: 2500.0
  • Property Net Operating Income: 37476.2
  • Annual Operating Expense: 27635.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 7085.0
  • Tax Block: 09
  • Tax Book Number: 409.00
  • Tax Lot: 02

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
Sep 13, 2018
Closed on
May 1, 2019
Sold by
Bought by
Seller's Agent
Maria Gutierrez
Douglas Realty Group
Buyer's Agent
Irene Garcia
Douglas Realty Group
List Price
$625,000
Sold Price
$525,000
Premium/Discount to List
-$100,000
-16%

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
0.042%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 4, 2013
Sold by
Bought by
Source: Public Records
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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
-- Pioneer Title
-- Pioneer Title Agency Inc
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 $325,000
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
05/03/2019 05/03/19 Sold $525,000 -4.4% $24 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
03/04/2019 03/04/19 Price Changed $549,000 -4.5% $25 / Sq Ft
12/13/2018 12/13/18 Price Changed $575,000 -8.0% $26 / Sq Ft
09/13/2018 09/13/18 For Sale $625,000 -- $28 / 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 $5,584 $79,329 $2,287 $77,042
2024 $5,584 $79,329 $2,287 $77,042
2023 $5,422 $72,174 $6,321 $65,853
2022 $5,163 $67,613 $6,321 $61,292
2021 $5,397 $67,613 $6,321 $61,292
2020 $5,899 $0 $0 $0
2019 $6,387 $0 $0 $0
2018 $6,917 $0 $0 $0
2017 $7,085 $0 $0 $0
2016 $7,027 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5820326

Arizona Regional Multiple Listing Service (ARMLS)
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