NOT LISTED FOR SALE

Estimated Value: $507,886 - $707,000

-- Bed
-- Bath
1,573 Sq Ft
$386/Sq Ft Est. Value

Last Sold April 06, 2016

Last sale price $159,000 $101 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $3,447/month

189 Days on Market

Highlights

  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of April 2016

These units are a Great Income opportunity, No HOA, Great Rental Area, Average Rents are $650, Both units are well maintained and kept. There Tenant Occupied with long term tenants on a Month to Lease, which leaves an Opportunity to Increase Rent. 1st unit: A/c replaced in 2013, New Kitchen Counter, Updated Bathroom, Ceramic Flooring, Ceiling Fans, Painted 1 yr ago, New Water Heater 2015, Washer/Dryer inside, Storage Area and is currently being rented for $500. 2nd unit: A/c Re-hauled and New Motor, Updated Bathroom, New Water Heater, Ceramic Flooring, is Currently being rented for $550. Each unit has 2 Parking Spaces, 1 covered, 1 uncovered and plenty of room for RV and/or Boat. Oven, Fridge, Washer and Dryer Convey.Each unit has it's own meter, Tenants pay all utilities, both Units are in Great Shape, Pride of Ownership shown by Owners and Tenants. You will not be disappoint!! 24 hour notice required to view property!

Last Listed By

Emma Hernandez-Saldana

My Home Group Real Estate License #SA657790000 Listed on: 08/12/2015

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $603

Year Built

  • Built in 1950

Lot Details

  • 8,407

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Additional Features

  • Ceiling Fan
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV, landscaping
  • Tax Lot 40
  • Assessor Parcel Number 117-06-043-J

Community Details

Overview

  • 2 Units
  • Building Dimensions are 59.95 x 140.3
  • Greenfield Acres Tract 2 Subdivision

Building Details

  • Operating Expense $603

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$603

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 16th St and McDowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1950
  • Tax Year: 2014
  • Directions: Go North on 16th St and McDowell, East on Harvard St, North on 17th St 1 Block, East on Sheridan, Duplex on left side of St.
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENFIELD ACRES TRACT 2
  • Tax Parcel Letter: J
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Lot Info

  • Lot Size: 59.95 x 140.3
  • Additional Parcels: No
  • Parcel #: 117-06-043-J

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Operating Expense: 603.0

Tax Info

  • Tax Annual Amount: 603.0
  • Tax Book Number: 117.00
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2015
Closed on
Apr 6, 2016
Sold by
Burciaga Mario C and Hernandez Sanjuana B
Bought by
Garcia Marco Uriel
Seller's Agent
Emma Hernandez-Saldana
My Home Group Real Estate
Buyer's Agent
Roxanne Lee
My Home Group Real Estate
List Price
$160,000
Sold Price
$159,000
Premium/Discount to List
-$1,000
-0.62%
Total Days on Market
189
Current Estimated Value
$606,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,472
Avg. Annual Appreciation
16.38%
Original Mortgage
$156,120
Outstanding Balance
$126,122
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$508,867

Purchase Details

Closed on
Dec 13, 2002
Sold by
Nolen Lois Deborah
Bought by
Burciaga Mario C and Hernandez Sanjuana B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2001
Sold by
Barranco Jack R
Bought by
Nolen Lois Deborah

Purchase Details

Closed on
Sep 21, 2000
Sold by
Nolen Lois Deborah
Bought by
Barranco Jack R

Purchase Details

Closed on
Dec 30, 1999
Sold by
Hud
Bought by
Nolen Lois Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,755
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 1999
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Nov 6, 1998
Sold by
Bauer Paul J and Bauer Barbara J
Bought by
Fleet Mtg Corp

Purchase Details

Closed on
Jul 1, 1996
Sold by
Bauer Paul J and Bauer Barbara J
Bought by
Shayne Enterprises Inc

Range of Values:

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Average Value
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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
Garcia Marco Uriel $159,000 First Arizona Title Agency
Burciaga Mario C $107,000 Capital Title Agency Inc
Nolen Lois Deborah -- --
Barranco Jack R -- --
Nolen Lois Deborah -- First Southwestern Title
Hud -- First Southwestern Title
Fleet Mtg Corp -- First Southwestern Title
Shayne Enterprises Inc $58,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Marco Uriel $156,120
Previous Owner Burciaga Mario C $72,200
Previous Owner Nolen Lois Deborah $70,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2016 04/06/16 Sold $159,000 -0.6% $101 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
08/12/2015 08/12/15 For Sale $160,000 -- $102 / 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 $830 $6,782 -- --
2024 $821 $6,459 -- --
2023 $821 $36,770 $7,350 $29,420
2022 $787 $27,170 $5,430 $21,740
2021 $811 $21,530 $4,300 $17,230
2020 $791 $14,000 $2,800 $11,200
2019 $786 $12,900 $2,580 $10,320
2018 $769 $10,260 $2,050 $8,210
2017 $739 $9,850 $1,970 $7,880
2016 $709 $8,030 $1,600 $6,430
2015 $660 $6,800 $1,360 $5,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5319587

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-06-043J