NOT LISTED FOR SALE

Estimated Value: $358,000 - $471,000

-- Bed
-- Bath
1,516 Sq Ft
$267/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $183,000 $121 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,211/month

49 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of August 2018

Drive by only, please do not disturb the tenants. This block Duplex is situated in the heart of Phoenix metro area, close to the airport, major freeways and several major work destinations. This is an amazing Money $$$ maker, currently rented for $600 per unit, the rent could certainly be much more to keep base with the market. Both units have been moderately remodeled through the years. Again, please do not disturb occupants. Fully executed contract before inspection please—don't Missed out on this one—very Sharp in Coronado neighborhood.

Last Agent to Sell the Property

Bashir Hassan

HomeSmart Realty License #SA567618000 Listed on: 05/20/2018

HomeSmart Realty

Last Buyer's Agent

Zachary Pebler

Realty ONE Group License #SA548325000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $780

Year Built

  • Built in 1962

Lot Details

  • 7,710

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • On-Street Parking

Schools

  • Creighton Elementary Middle School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 15
  • Assessor Parcel Number 117-06-015

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $4,000
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$780

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 20TH ST/SR 51 & THOMAS RD
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: 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: 4.0
  • Parking Features: Paved Parking, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1440.0

Schools

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

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 117-06-015

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0
  • Insurance Expense: 980.0
  • Maintenance Expense: 800.0
  • Annual Operating Expense: 4000.0

Tax Info

  • Tax Annual Amount: 780.0
  • Tax Book Number: 117.00
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2018
Closed on
Sep 19, 2018
Sold by
Gonzalez Anastacia and Gonzalez Jesus
Bought by
Gonzalez Jesus
Seller's Agent
Bashir Hassan
HomeSmart Realty
Buyer's Agent
Zachary Pebler
Realty ONE Group
List Price
$220,000
Sold Price
$183,000
Premium/Discount to List
-$37,000
-16.82%
Current Estimated Value
$405,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,440
Avg. Annual Appreciation
11.48%

Purchase Details

Listed on
May 20, 2018
Closed on
Aug 6, 2018
Sold by
Ahmed Guled M and Yussuf Malkia N
Bought by
Gonzalez Jesus Alonso
Seller's Agent
Bashir Hassan
HomeSmart Realty
Buyer's Agent
Zachary Pebler
Realty ONE Group
List Price
$220,000
Sold Price
$183,000
Premium/Discount to List
-$37,000
-16.82%

Purchase Details

Closed on
Aug 21, 2013
Sold by
Castro Mario
Bought by
Ahmed Guled Mohamud and Yussuf Malkia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2004
Sold by
Delacruz Odilon Marino
Bought by
Castro Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
Moyao Mercedes
Bought by
Castro Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,439
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2001
Sold by
Moyao Mercedes
Bought by
Castro Mario

Purchase Details

Closed on
Feb 8, 2001
Sold by
Finca Enterprises
Bought by
Castro Mario and Delacruz Odilon Marino

Purchase Details

Closed on
May 8, 2000
Sold by
Javanmard Mohammad and Shojaee Susan
Bought by
Finca Enterprises

Purchase Details

Closed on
Apr 4, 1998
Sold by
Felton Vern L
Bought by
Javanmard Mohammad and Javanmard Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,700
Interest Rate
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 1995
Sold by
Lee James W
Bought by
Lee Sybil D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gonzalez Jesus -- None Available
Gonzalez Jesus -- None Available
Gonzalez Jesus Alonso $183,000 Security Title Agency
Ahmed Guled Mohamud $109,500 Security Title Agency
Castro Mario -- First Financial Title Agency
Castro Mario -- --
Castro Mario -- First American Title
Castro Mario $89,900 First American Title
Finca Enterprises $60,000 First American Title
Javanmard Mohammad $45,250 First American Title
Lee Sybil D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ahmed Guled Mohamud $78,750
Previous Owner Castro Mario $112,000
Previous Owner Castro Mario $90,439
Previous Owner Javanmard Mohammad $40,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2018 08/07/18 Sold $183,000 -3.7% $121 / Sq Ft
07/08/2018 07/08/18 Pending -- -- --
06/07/2018 06/07/18 Price Changed $190,000 -13.6% $125 / Sq Ft
05/20/2018 05/20/18 For Sale $220,000 -- $145 / 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 $914 $6,765 -- --
2024 $869 $6,442 -- --
2023 $869 $29,410 $5,880 $23,530
2022 $835 $22,070 $4,410 $17,660
2021 $856 $17,450 $3,490 $13,960
2020 $835 $15,110 $3,020 $12,090
2019 $829 $12,720 $2,540 $10,180
2018 $812 $11,200 $2,240 $8,960
2017 $780 $9,750 $1,950 $7,800
2016 $750 $7,970 $1,590 $6,380
2015 $698 $6,720 $1,340 $5,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5769047

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-06-015