NOT LISTED FOR SALE

Estimated Value: $805,000 - $1,043,000

Studio
-- Bath
6,319 Sq Ft
$148/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $700,000 $111 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,259/month

15 Days on Market

About This Home

As of November 2021

This is a well-kept four-plex! Mostly remodeled and fully leased! With 3 four bedroom units and 1 two bedroom unit these are very rentable in Flagstaff's hot rental market! This is a great investment opportunity with little to no vacancy. One of the owners is a licensed real estate agent in the state of Arizona.

Last Agent to Sell the Property

Betty Gobeil

Coldwell Banker Northland License #SA544358000 Listed on: 09/09/2021

Coldwell Banker Northland

Co-Listed By

Rebecca McBride

Coldwell Banker Northland License #BR560248000

Last Buyer's Agent

James Robinson

eXp Realty License #BR552713000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,982

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 89.73x129.15x101.75

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Asphalt Shingled Roof
  • Masonry

Interior Spaces

  • 6,319 Sq Ft Home
  • Wood Flooring

Utilities

  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 10911005j

Community Details

Overview

  • Association fees include water, sewer, gas, electricity, trash collection
  • 4 Units

Building Details

  • Operating Expense $20,174
  • Gross Income $70,586
  • Net Operating Income $50,412

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,982

Year Built

Built in 1970

Lot Details

0.3 Acres

Listing Details

  • Property Sub Type: Duplex, Triplex, 4-Plex, 8-Plex
  • Property Type: Multi-Family
  • Year Built: 1970
  • Total Gross Income: 70586.0
  • Co List Office Mls Id: 20000
  • Co List Office Phone: 928-526-5309
  • Co List Office Phone: 928-526-5309
  • MLS Status: Closed
  • Location Tax Legal:Taxes2: 3982.0
  • Roof:Asphalt Shingle: Yes
  • General Property Description:Lot Dimensions: 89.73x129.15x101.75
  • Utilities:Electric3: Yes
  • Utilities Sewer: Yes
  • General Property Description:_pound_ of Units: 4
  • Special Features: None

Interior Features

  • Utilities: Sewer Connected, City Water, Electricity Available, Natural Gas Available
  • Cross Street: Center St
  • Inc Exp Annual Gross Op Income: 70586.0
  • Inc Exp Annual Op Expenses: 20174.0
  • Inc Exp Annual Scheduled Income: 70586.0
  • Heating System: Natural Gas, Central

Exterior Features

  • Construction:Frame - Wood: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Construction:Masonry: Yes

Utilities

  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water, Sewer, Gas, Electricity, Trash Collection

Association/Amenities

  • Interior Amenities:Wood Floors: Yes

Lot Info

  • Lot Dimensions: 89.73x129.15x101.75
  • Parcel Number: 10911005j

Rental Info

  • Lease Term: 1 Year +

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3982.0

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 50412.0
  • Annual Operating Expense: 20174.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 13, 2021
Sold by
Spencer James E and Triple J Living Trust
Bought by
Castruita Sergio and Castruita Hilda
Seller's Agent
Betty Gobeil
Coldwell Banker Northland
Buyer's Agent
James Robinson
eXp Realty
List Price
$799,999
Sold Price
$700,000
Premium/Discount to List
-$99,999
-12.5%
Current Estimated Value
$935,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,880
Avg. Annual Appreciation
6.90%
Original Mortgage
$525,000
Outstanding Balance
$474,134
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$461,746

Purchase Details

Closed on
May 4, 2015
Sold by
Gobeil Normand and Gobeil Betty J
Bought by
Triple J Living Trust

Purchase Details

Closed on
Oct 15, 2001
Sold by
Mclean David J and Mclean Holly M
Bought by
Mclean David John and Mclean Holly Marie

Purchase Details

Closed on
Feb 25, 1997
Sold by
Kahl David and Levitan Barry
Bought by
Mclean David J and Mclean Holly M

Purchase Details

Closed on
Dec 21, 1995
Sold by
Behavioral Health Resources Inc
Bought by
Kahl David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
7.37%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Castruita Sergio $700,000 Pioneer Title
Triple J Living Trust -- None Available
Mclean David John -- --
Mclean David J $260,000 Transnation Title Ins Co
Kahl David $181,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castruita Sergio $525,000
Previous Owner Kahl David $161,000
Closed Kahl David $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2021 11/08/21 Sold $700,000 -12.5% $111 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $799,999 -- $127 / Sq Ft
Source: Northern Arizona Association of REALTORS®

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 $4,667 $117,596 -- --
2024 $4,667 $113,362 -- --
2023 $4,488 $80,340 $0 $0
2022 $4,214 $74,249 $0 $0
2021 $4,097 $71,782 $0 $0
2020 $3,982 $66,103 $0 $0
2019 $3,907 $57,210 $0 $0
2018 $3,800 $49,824 $0 $0
2017 $3,574 $47,372 $0 $0
2016 $3,555 $37,135 $0 $0
2015 $3,385 $35,777 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Arizona Association of REALTORS®

MLS Number: 187336

Northern Arizona Association of REALTORS®

APN: 109-11-005J

Your Personal Tour Guide

Ask me questions while you tour the home.