NOT LISTED FOR SALE

Estimated Value: $461,291 - $610,000

1 Bed
-- Bath
1,802 Sq Ft
$297/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $198,000 $110 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $3,006/month

10 Days on Market

Highlights

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

About This Home

As of October 2017

**Currently an Owner Occupant Possibility is available here or at adjacent at 1919!!!** Can be purchased as a package or individually.** 2 car carport **HUGE RENT UPSIDE** New owner can keep next door garage/workshop ALL for the owner or rent to 2 or 4 tenants** Call listing broker for more details or see adjacent offering at 1919. All 2 bedroom units. Units could have private yards!! ** Roofs and most Hvacs are updated or new.** Well maintained *** To die for location across the street and 2 doors down from Encanto Golf Club.

All Statements and calculations are believed correct HOWEVER BUYER to VERIFY during Due Diligence Period.

Do not use ''showing time'' robocalls for access. Email listing agent for lockbox code for 1923 #A and Garage/storage of 1919 Flower. Do not disturb tenant

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 08/29/2017

Last Buyer's Agent

Tami Ellsworth

HomeSmart License #SA557283000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $960

Year Built

  • Built in 1948

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Parking

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 3 / 5
  • Assessor Parcel Number 110-25-059

Community Details

Overview

  • 2 Units
  • Building Dimensions are 18,402
  • Westwood Estates 1 Subdivision

Building Details

  • Operating Expense $4,353
  • Gross Income $16,530
  • Net Operating Income $10,810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$960

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: 19th Avenue x Osborn; 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 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:Paved Parking: 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

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Lot Info

  • Lot Size: 18,402
  • Additional Parcels: Yes
  • Parcel #: 110-25-059

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • 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: 4353.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 960.0
  • Tax Block: 5
  • Tax Book Number: 110.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2022
Sold by
Orozco and Lisa
Bought by
Property 1923 Llc
Current Estimated Value
$535,323

Purchase Details

Closed on
Dec 10, 2021
Sold by
Orozco and Lisa
Bought by
Property 1923 Llc

Purchase Details

Listed on
Aug 29, 2017
Closed on
Oct 26, 2017
Sold by
Marx Gary and Marx Gary
Bought by
Orozco Michael J and Orozco Lisa M
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Tami Ellsworth
HomeSmart
List Price
$189,000
Sold Price
$198,000
Premium/Discount to List
$9,000
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Original Mortgage
$146,625
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
Sep 28, 2000
Sold by
Valdez Eszikel F and Valdez Geronima R
Bought by
Jungwirth Bryan L and Koenig Susanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
10.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1999
Sold by
Kelly Larry K and Kelly Cheryl V
Bought by
Valdez Eszikel F and Valdez Geronima R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
6.98%
Mortgage Type
New Conventional
Source: Public Records

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
Property 1923 Llc -- Forakis Law Firm Plc
Property 1923 Llc -- Forakis Law Firm Plc
Orozco Michael J $195,500 Chicago Title Agency Inc
Marx Gary $215,000 Security Title Agency Inc
Lane Edward B $125,000 Transnation Title Insurance
Jungwirth Bryan L $110,000 Security Title Agency
Valdez Eszikel F $87,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orozco Michael J $146,625
Previous Owner Marx Gary $172,000
Previous Owner Lane Edward B $115,000
Previous Owner Lane Edward B $112,500
Previous Owner Jungwirth Bryan L $93,500
Previous Owner Valdez Eszikel F $77,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2017 10/30/17 Sold $198,000 -0.5% $110 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
09/02/2017 09/02/17 Price Changed $199,000 +5.3% $110 / Sq Ft
08/28/2017 08/28/17 For Sale $189,000 -- $105 / 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 $1,075 $8,039 -- --
2024 $1,065 $7,656 -- --
2023 $1,065 $28,560 $5,710 $22,850
2022 $1,027 $21,150 $4,230 $16,920
2021 $1,019 $18,600 $3,720 $14,880
2020 $1,031 $15,810 $3,160 $12,650
2019 $1,029 $13,030 $2,600 $10,430
2018 $1,012 $10,220 $2,040 $8,180
2017 $988 $10,000 $2,000 $8,000
2016 $960 $8,380 $1,670 $6,710
2015 $888 $7,080 $1,410 $5,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5652739

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-25-059