NOT LISTED FOR SALE

Estimated Value: $469,432 - $614,000

1 Bed
-- Bath
1,802 Sq Ft
$299/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $200,000 $111 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $3,026/month

32 Days on Market

Highlights

  • Cooling Available
  • Stone Flooring
  • Heating Available
  • Maie Bartlett Heard Elementary School Rated 9+

About This Home

As of October 2017

Current Owner Occupant Possibility! * 100% occupied. Tenants rights.
The garage per assessor MAYBE/was a 418 SF structure'' (BEING SOLD AS A GARAGE/Storage) Garage has been enclosed and made into a huge workshop storage area. Tenants currently don't have access. *HUGE RENT UPSIDE if rented out as storage or converted back into a Garage** Check zoning BEFORE offer if you think you can convert said storage into another unit!
All 2 bedroom units. Units could have private yards!! ** Roofs and most Hvacs are updated.** Well maintained **To die for location across the street 2 doors down from Encanto Golf club!
Parcels 110-25-058/110-25-059 can be sold as a package deal. $398K

ALL STATEMENTS BELIEVED TO BE CORRECT. BUYER TO VERIFY ALL DURING DUE DILIGENCE.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 08/05/2017

Last Buyer's Agent

Tami Ellsworth

HomeSmart License #SA557283000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $992

Year Built

  • Built in 1948

Lot Details

  • 9,191

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Stone Flooring
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 2 / 5
  • Assessor Parcel Number 110-25-058

Community Details

Overview

  • 2 Units
  • Building Dimensions are 9177
  • Westwood Estates 1 Subdivision

Building Details

  • Operating Expense $4,385
  • Gross Income $16,530
  • Net Operating Income $10,810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$992

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: 19th Avenue and Osborn
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: MultiFamily
  • Number Of Buildings: 1
  • Year Built: 1948
  • Tax Year: 2016
  • Directions: South on 19th Avenue from Osborn to Flower. West on Flower. Property is located on the left. 1st 2 duplexes on south side of the road. **Just west of ENCANTO Golf course!!**
  • Road Surface Type: Asphalt
  • Subdivision Name: WESTWOOD ESTATES 1
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Stone
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Garage Details: Yes
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: 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: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Lot Info

  • Lot Size: 9177
  • Additional Parcels: Yes
  • Parcel #: 110-25-058

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 16530.0
  • Insurance Expense: 750.0
  • Maintenance Expense: 1443.0
  • Property Net Operating Income: 10810.0
  • Annual Operating Expense: 4385.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 992.0
  • Tax Block: 5
  • Tax Book Number: 110.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2022
Sold by
Orozco and Lisa
Bought by
Property 1919 Llc
Current Estimated Value
$538,358

Purchase Details

Closed on
Dec 10, 2021
Sold by
Orozco and Lisa
Bought by
Property 1919 Llc

Purchase Details

Listed on
Aug 5, 2017
Closed on
Oct 26, 2017
Sold by
Marx Gary and Marx Gary
Bought by
Orozco Michael and Orozco Lisa M
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Tami Ellsworth
HomeSmart
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.24%
Original Mortgage
$148,125
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2005
Sold by
Lane Edward B and Lane Donna M
Bought by
Marx Gary and Marx Phyllis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2002
Sold by
Jungwirth Bryan
Bought by
Lane Edward B and Lane Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2001
Sold by
Tyra Gary Lee
Bought by
Koenig Susanna and Jungwirth Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
9.99%
Mortgage Type
Seller Take Back
Source: Public Records

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
Property 1919 Llc -- Forakis Law Firm Plc
Property 1919 Llc -- Forakis Law Firm Plc
Orozco Michael $197,500 Chicago Title Agency Inc
Marx Gary $215,000 Security Title Agency Inc
Lane Edward B $125,000 Transnation Title Insurance
Koenig Susanna $118,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orozco Michael $148,125
Previous Owner Marx Gary $172,000
Previous Owner Lane Edward B $115,000
Previous Owner Lane Edward B $112,500
Previous Owner Koenig Susanna $88,500
Closed Koenig Susanna $17,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2017 10/30/17 Sold $200,000 -4.3% $111 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
09/05/2017 09/05/17 Price Changed $209,000 -4.6% $116 / Sq Ft
08/28/2017 08/28/17 Price Changed $219,000 -- $122 / 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 $1,111 $8,308 -- --
2024 $1,100 $7,912 -- --
2023 $1,100 $29,360 $5,870 $23,490
2022 $1,061 $21,510 $4,300 $17,210
2021 $1,053 $19,010 $3,800 $15,210
2020 $1,065 $16,220 $3,240 $12,980
2019 $1,064 $13,320 $2,660 $10,660
2018 $1,045 $11,500 $2,300 $9,200
2017 $1,021 $10,220 $2,040 $8,180
2016 $992 $8,570 $1,710 $6,860
2015 $918 $7,250 $1,450 $5,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5642587

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-25-058