NOT LISTED FOR SALE

Estimated Value: $353,294 - $545,000

Studio
-- Bath
2,176 Sq Ft
$206/Sq Ft Est. Value

Last Sold February 10, 2012

Last sale price $53,000 $24 Per Sq Ft

Est. 748% increase in value since last sale

Current estimated payment $2,412/month

11 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • 3-minute walk to Edison Park
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of February 2012

Disclosures: Three unit structure. Repair duct in bedroom of unit 3 (plastered over). Evidence of peeling paint on exterior of home. 2091 total square footage. THIS IS A 6 BEDROOM, 3 BATH complex.

Last Agent to Sell the Property

Steve McKamey

Pro Star Realty License #BR005950000 Listed on: 11/17/2011

Last Buyer's Agent

Eartha Hernandez

Realty ONE Group License #SA115704000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $699

Year Built

  • Built in 1960

Lot Details

  • 6,316

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • On-Street Parking

Schools

  • Garfield Elementary School
  • Central High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 116-12-104

Community Details

Overview

  • 3 Units
  • Building Dimensions are 6321 SQFT
  • Morris Add Lot 2 & 4 S2 Subdivision

Building Details

  • Operating Expense $699

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$699

Year Built

Built in 1960

Lot Details

6,316 Sq Ft Lot

Listing Details

  • Cross Street: ROOSEVELT & 20TH STREET
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-F
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2011
  • Road Surface Type: Asphalt
  • Subdivision Name: MORRIS ADD LOT 2 & 4 S2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Schools

  • Elementary School: Garfield School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6321 SQFT
  • Additional Parcels: No
  • Parcel #: 116-12-104

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Operating Expense: 699.08

Tax Info

  • Tax Annual Amount: 699.08
  • Tax Book Number: 116.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2011
Closed on
Feb 9, 2012
Sold by
Espinoza Carlos
Bought by
Salinas Maria E
Seller's Agent
Steve McKamey
Pro Star Realty
Buyer's Agent
Eartha Hernandez
Realty ONE Group
List Price
$51,000
Sold Price
$53,000
Premium/Discount to List
$2,000
3.92%
Current Estimated Value
$449,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,324
Avg. Annual Appreciation
16.36%
Original Mortgage
$49,707
Outstanding Balance
$34,875
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$414,449

Purchase Details

Listed on
Nov 17, 2011
Closed on
Feb 7, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Salinas Maria E
Seller's Agent
Steve McKamey
Pro Star Realty
Buyer's Agent
Eartha Hernandez
Realty ONE Group
List Price
$51,000
Sold Price
$53,000
Premium/Discount to List
$2,000
3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,707
Outstanding Balance
$34,875
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$414,449

Purchase Details

Closed on
May 10, 2011
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of The Department Of Housing &

Purchase Details

Closed on
Mar 8, 2011
Sold by
Nieto Pablio
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 16, 2002
Sold by
Nieto Pablo
Bought by
Nieto Pablo and Santoyo Raul Nieto

Purchase Details

Closed on
Jun 27, 2001
Sold by
Molina Dolores
Bought by
Nieto Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,485
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 1994
Sold by
Marino Guiseppe and Marino Charles Pino
Bought by
Molina Dolores C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
8.56%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Salinas Maria E -- Grand Canyon Title Agency In
Salinas Maria E -- Grand Canyon Title Agency
Secretary Of The Department Of Housing & -- First American Title Ins Co
Wells Fargo Bank Na $95,776 Accommodation
Nieto Pablo -- --
Nieto Pablo $110,000 Fidelity National Title
Molina Dolores C $26,000 First Service Title Agency I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salinas Maria E $49,707
Previous Owner Nieto Pablo $100,485
Previous Owner Molina Dolores C $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2012 02/10/12 Sold $53,000 +3.9% $24 / Sq Ft
11/28/2011 11/28/11 Pending -- -- --
11/17/2011 11/17/11 For Sale $51,000 -- $23 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $886 $6,234 -- --
2024 $826 $5,937 -- --
2023 $826 $28,880 $5,770 $23,110
2022 $766 $21,300 $4,260 $17,040
2021 $762 $18,820 $3,760 $15,060
2020 $772 $15,860 $3,170 $12,690
2019 $771 $12,920 $2,580 $10,340
2018 $757 $11,450 $2,290 $9,160
2017 $737 $9,970 $1,990 $7,980
2016 $716 $7,770 $1,550 $6,220
2015 $659 $6,630 $1,320 $5,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4678635

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-12-104

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