NOT LISTED FOR SALE

Estimated Value: $391,000 - $539,000

-- Bed
-- Bath
1,249 Sq Ft
$365/Sq Ft Est. Value

Last Sold May 13, 2015

Last sale price $153,000 $122 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $2,635/month

56 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of May 2015

A GREAT SINGLE LEVEL DUPLEX OFFERED IN AS IS CONDITION, BLOCK CONSTRUCTED, FULLY RENTED.. FEATURING 2 BEDROOMS, 1 BATH IN EACH UNIT, LARGE LOT, WITH MATURE TREES, GRAVEL AND GRASS, PARKING IN BACK OF PROPERTY, TWO NICE SIZE STORAGE UNITS INCLUDED,.. CERAMIC TILE ON TRAFFIC AREAS..WHAT A GREAT OPPORTUNITY FOR AN INVESTOR TO BUY!!..!Private financing available with 25% down payment. Simple qualifying terms, no credit ok, bankruptcy ok, foreclosure history ok!!**PLEASE DO NOT DISTURB TENANTS***APPT ONLY WITH NOTICE*****INSPECTIONS WITH ACCEPTED CONTRACT AND ESCROW OPENED**

Last Listed By

Ivan Mendoza

HomeSmart License #SA580730000 Listed on: 02/09/2015

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $746

Year Built

  • Built in 1954

Lot Details

  • 0.25

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Loma Linda Elementary School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water, sewer
  • Tax Lot 8
  • Assessor Parcel Number 119-26-029

Community Details

Overview

  • 2 Units
  • Building Dimensions are 10,889
  • Viner Place Subdivision

Building Details

  • Operating Expense $3,386
  • Net Operating Income $9,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$746

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: 19TH STREET AND OSBORN
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1954
  • Tax Year: 2014
  • Directions: PROPERTY LOCATED ON SOUTH SIDE OF OSBORN RD
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: VINER PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Other (See Remarks), Add'l Parking Avail
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Other (See Remarks)24: 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: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes

Fee Information

  • Annual Fuel Expense: 840.0

Schools

  • Elementary School: Loma Linda Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Loma Linda Elementary School

Lot Info

  • Lot Size: 10,889
  • Additional Parcels: No
  • Parcel #: 119-26-029

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Electric Expense: 1200.0
  • Insurance Expense: 600.0
  • Property Net Operating Income: 9420.0
  • Annual Operating Expense: 3386.4

Tax Info

  • Tax Annual Amount: 746.4
  • Tax Book Number: 119.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2015
Closed on
Apr 20, 2015
Sold by
Magnum Kenn
Bought by
Magnum Margot Ann
Seller's Agent
Ivan Mendoza
HomeSmart
Buyer's Agent
John Capriotti
The Daniel Montez Real Estate Group
List Price
$160,000
Sold Price
$153,000
Premium/Discount to List
-$7,000
-4.38%
Total Days on Market
56
Current Estimated Value
$456,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,416
Avg. Annual Appreciation
12.52%
Original Mortgage
$147,773
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2005
Sold by
Tellez Galvez Gustavo Adolfo and Giron America
Bought by
Giron America

Purchase Details

Closed on
Oct 18, 1999
Sold by
Lohr Joan S
Bought by
Tellez Galvez Gustavo Adolfo and Giron America Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,912
Interest Rate
7.77%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 1998
Sold by
Scherer Leona L
Bought by
Lohr Joan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
6.91%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Magnum Margot Ann -- American Title Svc Agency Ll
Magnum Margot Ann $150,500 American Title Svc Agency Ll
Giron America -- --
Tellez Galvez Gustavo Adolfo $109,000 Transnation Title Ins Co
Lohr Joan S $88,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnum Margot A $227,500
Closed Magnum Margot A $224,000
Closed Magnum Margot Ann $34,219
Closed Magnum Margot Ann $147,773
Previous Owner Tellez Galvez Gustavo Adolfo $86,912
Previous Owner Lohr Joan S $79,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2015 05/13/15 Sold $153,000 -4.4% $122 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $160,000 -- $128 / 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 $1,104 $8,492 -- --
2024 $1,091 $8,088 -- --
2023 $1,091 $32,280 $6,450 $25,830
2022 $986 $23,680 $4,730 $18,950
2021 $1,016 $22,810 $4,560 $18,250
2020 $990 $19,100 $3,820 $15,280
2019 $984 $14,830 $2,960 $11,870
2018 $963 $11,760 $2,350 $9,410
2017 $925 $11,150 $2,230 $8,920
2016 $888 $9,110 $1,820 $7,290
2015 $827 $7,770 $1,550 $6,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5234385

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-26-029