NOT LISTED FOR SALE
4 Beds
2 Baths
1,188 Sq Ft
2005 Built

Sale Details

Date Sold: November 26, 2018

Last sale price $400,000 $337 Per Sq Ft

82 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heating Available
  • Sunnyslope High School Rated A
  • Carpet

About This Home

As of November 2018

4 standalone buildings each with a 1,188 sq ft 4 bedroom 2 bathroom unit. 100% occupied and over $34,000 in upgrades, documents on upgrades are available from the listing agent. Newer contruction, full block fencing, 8 covered parking spots, and all standard appliances included, including washer/dryer, fridge, range, and dishwashers. Tenants pay all utilities. No HOA!

Last Agent to Sell the Property

Jason Penrose

eXp Realty License #BR518159000 Listed on: 08/10/2018

eXp Realty

Last Buyer's Agent

Chad Kamp

Exit Realty Coannah License #BR533142000

Exit Realty Coannah

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,180

Year Built

  • Built in 2005

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

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

Schools

  • Shaw Butte Elementary School
  • Royal Palm Middle School
  • Sunnyslope High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 159-13-043-A

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Building Dimensions are 14428
  • Desert Cove Extension Lots 1 4, 13 20, 29 32 Subdivision

Building Details

  • Operating Expense $2,180
  • Gross Income $40,014
  • Net Operating Income $29,484

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,180

Year Built

Built in 2005

Listing Details

  • Cross Street: Peoria Ave & 19th Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: c2
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 2005
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Subdivision Name: DESERT COVE EXTENSION LOTS 1-4, 13-20, 29-32
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: >1 Space Per Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Individual, Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Elementary School: Shaw Butte School
  • High School: Sunnyslope High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Lot Size: 14428
  • Additional Parcels: No
  • Parcel #: 159-13-043-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: None
  • Number Of Units Total: 4
  • Annual Gross Income: 40014.0
  • Property Net Operating Income: 29484.0
  • Annual Operating Expense: 2179.92
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2179.92
  • Tax Book Number: 159.00
  • Tax Lot: 24
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2018 11/26/18 Sold $400,000 -5.9% $337 / Sq Ft
11/21/2018 11/21/18 Price Changed $425,000 0.0% $358 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
09/20/2018 09/20/18 Pending -- -- --
09/07/2018 09/07/18 Price Changed $425,000 -9.6% $358 / Sq Ft
08/10/2018 08/10/18 For Sale $470,000 +34.3% $396 / Sq Ft
02/20/2017 02/20/17 Sold $350,000 0.0% $295 / Sq Ft View Prior Sale
01/26/2017 01/26/17 For Sale $350,000 0.0% $295 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
11/08/2016 11/08/16 For Sale $350,000 -- $295 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,539 $19,977 -- --
2024 $2,399 $19,026 -- --
2023 $2,399 $72,650 $14,530 $58,120
2022 $2,321 $47,630 $9,520 $38,110
2021 $2,351 $39,660 $7,930 $31,730
2020 $2,292 $36,170 $7,230 $28,940
2019 $2,250 $32,770 $6,550 $26,220
2018 $2,191 $28,330 $5,660 $22,670
2017 $2,180 $21,970 $4,390 $17,580
2016 $2,140 $20,830 $4,160 $16,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5805363

Arizona Regional Multiple Listing Service (ARMLS)
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