NOT LISTED FOR SALE

Estimated Value: $605,570

4 Beds
4 Baths
2,879 Sq Ft
$210/Sq Ft Est. Value

Last Sold September 12, 2016

Last sale price $425,000 $148 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,547/month

26 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heat Pump System

About This Home

As of September 2016

Seller is motivated and bring your offer's now. He wants it sold now! Two parcels 1917 and 1919 E Hayden for sale. Must be purchased together. Fully rented and owner currently manages. Very close to ASU This is a perfect value add. This is perfect for land value looking to add more units. Total land is 23,087. Bring your offer's now this one will not last! All facts and information are approximate buyer verify MLS information.

Last Listed By

Sophia Baron

Grace CRE License #BR648866000 Listed on: 07/26/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 1964

Lot Details

  • 0.27

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 8 Open Parking Spaces
  • 11 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Flora Thew Elementary School
  • Connolly Middle School
  • Mcclintock High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 132-64-009-A

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Building Dimensions are 118' x 205'
  • O C Watson Tract Subdivision

Building Details

  • Operating Expense $9,628
  • Gross Income $29,925
  • Net Operating Income $22,561

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,264

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: McClintock / University
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Year Built: 1964
  • Tax Year: 2015
  • Directions: South on McClintock, East onto Hayden Lane, complex is on the right.
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: O C WATSON TRACT
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 11.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Heat Pump, Electric
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 720.0
  • Annual Water Sewer Expense: 720.0

Schools

  • Elementary School: Flora Thew Elementary School
  • High School: McClintock High School
  • Middle Or Junior School: Connolly Middle School

Lot Info

  • Lot Size: 118' x 205'
  • Additional Parcels: No
  • Parcel #: 132-64-009-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 29925.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 22561.0
  • Annual Operating Expense: 9628.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2264.0
  • Tax Book Number: 132.00
  • Tax Lot: n/a

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2020
Sold by
Villavicencio Hugo
Bought by
Chamberlin David
Total Days on Market
26
Current Estimated Value
$605,570

Purchase Details

Listed on
Jul 26, 2016
Closed on
Sep 2, 2016
Sold by
Listyo Gondosinaryo
Bought by
Villavicencio Hugo
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Jerry Lenhart
West USA Realty
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$318,750
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2015
Sold by
Walsh Jason Terrill
Bought by
Listyo Gondosinaryo

Purchase Details

Closed on
Jun 25, 2003
Sold by
Trachta Anita
Bought by
Walsh Jason Terrill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1999
Sold by
Mourey Michelle
Bought by
Trachta Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 1994
Sold by
Wark Partners
Bought by
Mourey Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,018
Interest Rate
7.67%
Mortgage Type
FHA

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
Chamberlin David $420,000 Security Title Agency Inc
Villavicencio Hugo $425,000 Old Republic Title Agency
Listyo Gondosinaryo $320,000 First American Title Ins Co
Walsh Jason Terrill $225,000 Lawyers Title Insurance Corp
Trachta Anita $200,000 Lawyers Title Of Arizona Inc
Mourey Michelle $85,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villavicencio Hugo $412,500
Previous Owner Villavicencio Hugo $318,750
Previous Owner Walsh Jason Terrill $158,000
Previous Owner Trachta Anita $105,000
Previous Owner Mourey Michelle $84,018
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2016 09/12/16 Sold $425,000 0.0% $148 / Sq Ft
07/26/2016 07/26/16 For Sale $425,000 -- $148 / 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 $2,076 $18,531 -- --
2024 $1,873 $17,649 -- --
2023 $1,873 $72,160 $14,430 $57,730
2022 $1,792 $48,210 $9,640 $38,570
2021 $1,818 $41,930 $8,380 $33,550
2020 $1,760 $37,100 $7,420 $29,680
2019 $1,726 $32,110 $6,420 $25,690
2018 $1,681 $30,800 $6,160 $24,640
2017 $1,629 $25,510 $5,100 $20,410
2016 $1,620 $24,160 $4,830 $19,330
2015 $1,563 $19,700 $3,940 $15,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5475403

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-64-009A