NOT LISTED FOR SALE

Estimated Value: $542,000 - $662,000

Studio
-- Bath
1,560 Sq Ft
$402/Sq Ft Est. Value

Last Sold January 10, 2016

Last sale price $230,000 $147 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $3,405/month

9 Days on Market

Highlights

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

About This Home

As of January 2016

Very clean, single level, courtyard entrance, individual back yards, 2 bed units. All units have been repaired, cleaned, new security and screen doors, new roof in 2015, 3 new water heaters, newly painted interior, electrical upgrades, new appliances, private, gated, close to Children's Hospital, and 51 freeway.

Last Agent to Sell the Property

Susan Phelan

Revinre License #SA642231000 Listed on: 11/16/2015

Revinre

Last Buyer's Agent

Oggie Penev

eXp Realty License #BR567324000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1970

Lot Details

  • 10,454

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Paved Parking

Schools

  • Creighton Elementary Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 10
  • Assessor Parcel Number 117-04-077

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 10348
  • Mccreary Place Subdivision

Building Details

  • Operating Expense $6,456

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,176

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: 16TH ST & THOMAS
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Subdivision Name: McCreary Place
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: 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

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Fuel Expense: 240.0
  • Annual Water Sewer Expense: 2640.0

Schools

  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 10348
  • Additional Parcels: No
  • Parcel #: 117-04-077

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1200.0
  • Annual Operating Expense: 6456.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1176.0
  • Tax Book Number: 117.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Spasov Todor
Bought by
Spasov Todor and Spasova Diana
Current Estimated Value
$626,686

Purchase Details

Closed on
Nov 10, 2016
Sold by
Spasova Diana
Bought by
Spasov Todor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,300
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 16, 2015
Closed on
Jan 7, 2016
Sold by
Phoenix Oasis Recovery Homes Incorporate
Bought by
Hansen Troy
Seller's Agent
Susan Phelan
Revinre
Buyer's Agent
Oggie Penev
eXp Realty
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$225,834
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 8, 2014
Closed on
Oct 8, 2014
Sold by
Lamb Holdings Llc
Bought by
Phoenix Oasis Recovery Homes Incorporate
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$167,500
Sold Price
$167,400
Premium/Discount to List
-$100
-0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.75%
Original Mortgage
$47,400
Interest Rate
4.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 11, 2009
Sold by
Aurora Loan Services Llc
Bought by
Lamb Holdings Llc

Purchase Details

Closed on
Nov 20, 2008
Sold by
Medina Boris
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 20, 2006
Sold by
Silva Ernesto
Bought by
Medina Boris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2005
Sold by
Silva Monica G
Bought by
Silva Ernesto A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Giron America C
Bought by
Silva Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2004
Sold by
Quirino Pedro M
Bought by
Giron America C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,400
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2004
Sold by
Palafox Raquel Gallegos
Bought by
Quirino Pedro M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2004
Sold by
Virginia Apartments Llc
Bought by
Quirino Pedro M and Martinez Pedro Quirino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2003
Sold by
Georgianni Martin G and Georgianni Alicia R
Bought by
Virginia Apartments Llc

Purchase Details

Closed on
Oct 15, 1999
Sold by
Georgianni Martin G and Georgianni Alicia R
Bought by
Georgianni Martin G and Georgianni Alicia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,550
Interest Rate
7.77%

Purchase Details

Closed on
Jul 20, 1999
Sold by
Steele Naomi
Bought by
Georgianni Martin G and Georgianni Alicia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,375
Interest Rate
7.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 13, 1999
Sold by
Walter Larry D
Bought by
Steele Naomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,375
Interest Rate
7.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 8, 1996
Sold by
Walter Larry D
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
$72,500
Interest Rate
7.45%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 20, 1994
Sold by
Walter Larry D
Bought by
Walter Larry D
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
Spasov Todor -- None Listed On Document
Spasov Todor -- Driggs Title Agency Inc
Spasov Todor $238,000 Driggs Title Agency Inc
Hansen Troy $230,000 Fidelity Natl Title Agency
Phoenix Oasis Recovery Homes Incorporate $167,400 Stewart Title & Trust Of Pho
Lamb Holdings Llc $115,000 First American Title Ins Co
Aurora Loan Services Llc $160,160 Accommodation
Medina Boris $425,000 Camelback Title Agency Llc
Silva Ernesto A -- Camelback Title Agency Llc
Silva Ernesto $330,000 Camelback Title Agency Llc
Giron America C $246,000 Omega Title Agency Llc
Quirino Pedro M -- First Financial Title Agency
Quirino Pedro M $195,000 First Financial Title Agency
Virginia Apartments Llc -- First American Title
Georgianni Martin G -- First American Title
Georgianni Martin G $76,700 First American Title
Steele Naomi $77,545 Ati Title
Shayne Enterprises Inc $83,500 Old Republic Title Agency
Walter Larry D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spasov Todor $238,300
Previous Owner Hansen Troy $225,834
Previous Owner Phoenix Oasis Recovery Homes Incorporate $47,400
Previous Owner Medina Boris $297,500
Previous Owner Silva Ernesto A $264,000
Previous Owner Silva Ernesto $264,000
Previous Owner Giron America C $196,400
Previous Owner Quirino Pedro M $175,500
Previous Owner Quirino Pedro M $175,500
Previous Owner Georgianni Martin G $106,550
Previous Owner Georgianni Martin G $71,375
Previous Owner Shayne Enterprises Inc $72,500
Closed Giron America C $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2016 01/10/16 Sold $230,000 -2.1% $147 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
11/16/2015 11/16/15 For Sale $235,000 +40.4% $151 / Sq Ft
10/20/2014 10/20/14 Sold $167,400 -0.1% $107 / Sq Ft View Prior Sale
09/26/2014 09/26/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $167,500 -- $107 / 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 $1,540 $11,400 -- --
2024 $1,465 $10,857 -- --
2023 $1,465 $49,120 $9,820 $39,300
2022 $1,407 $36,570 $7,310 $29,260
2021 $1,442 $28,510 $5,700 $22,810
2020 $1,407 $25,020 $5,000 $20,020
2019 $1,397 $21,560 $4,310 $17,250
2018 $1,368 $19,110 $3,820 $15,290
2017 $1,315 $16,350 $3,270 $13,080
2016 $1,264 $13,630 $2,720 $10,910
2015 $1,176 $11,920 $2,380 $9,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5363723

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-04-077