NOT LISTED FOR SALE

Estimated Value: $448,902 - $562,000

2 Beds
-- Bath
1,344 Sq Ft
$373/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $152,500 $113 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $2,735/month

49 Days on Market

Highlights

  • RV or Boat Parking
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Thew Elementary School Rated 9+
  • Central Heating and Cooling System

About This Home

As of October 2013

Nice duplex on 7300+sf of private space! Two 2bed/1bath units with all appliances...washer/dryer/fridge.
GREAT TEMPE LOCATION! North unit just remodeled with tiled counter tops, fresh paint and ceiling fans, new A/C, new dual pane windows and newer roof! This unit rented for $700/mo before remodel! These units have lots of private space--front yards & covered patios and north unit has a huge private parking area with RV gate and sewer hookups. Properties are enclosed with block walls. Long term tenant in south unit but please do NOT disturb them. You won't be disappointed!

Last Agent to Sell the Property

Alesa Ottaway

eXp Realty License #SA116152000 Listed on: 08/09/2013

eXp Realty

Last Buyer's Agent

Steve and Sarah Lugo

Realty ONE Group License #SA635484000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $953

Year Built

  • Built in 1962

Lot Details

  • 7,318

Home Design

  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Paved Parking
  • RV or Boat Parking

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 5
  • Assessor Parcel Number 132-64-024-A

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 7318
  • Malaran Park Subdivision

Building Details

  • Operating Expense $2,164
  • Net Operating Income $7,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$953

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: McClintock/University
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2012
  • Directions: South on McClintock to Hayden, East on Hayden to property on left. **Hayden Ln turns into 10th St.** Go through southwest side gate to north unit to show.
  • Road Surface Type: Asphalt
  • Subdivision Name: Malaran Park
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, RV/Boat Parking, Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Central, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 840.0

Lot Info

  • Lot Size: 7318
  • Additional Parcels: No
  • Parcel #: 132-64-024-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 2
  • Insurance Expense: 371.0
  • Property Net Operating Income: 7800.0
  • Annual Operating Expense: 2164.0

Tax Info

  • Tax Annual Amount: 953.0
  • Tax Book Number: 132.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2013
Closed on
Oct 1, 2013
Sold by
Hun Tio and Listyo Gondosinaryo
Bought by
Listyo Gondosinaryo
Seller's Agent
Alesa Ottaway
eXp Realty
Buyer's Agent
Steve and Sarah Lugo
Realty ONE Group
List Price
$165,000
Sold Price
$152,500
Premium/Discount to List
-$12,500
-7.58%
Current Estimated Value
$500,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,226
Avg. Annual Appreciation
10.43%

Purchase Details

Closed on
Sep 7, 2011
Sold by
Gutman Sharon V and Gutman Thomas C
Bought by
1954 10St Llc

Purchase Details

Closed on
Apr 1, 1996
Sold by
Ritter Carl
Bought by
Duffy Patrick J
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
Listyo Gondosinaryo -- First American Title Ins Co
Listyo Gondosinaryo $152,500 First American Title Ins Co
1954 10St Llc -- None Available
Duffy Patrick J $62,500 --
Ritter Carl E -- --
Mm Carl E Ritter -- --
Ritter Carl E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $152,500 -7.6% $113 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $165,000 -- $123 / 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 $972 $8,673 -- --
2024 $960 $8,260 -- --
2023 $960 $36,920 $7,380 $29,540
2022 $921 $24,770 $4,950 $19,820
2021 $927 $21,070 $4,210 $16,860
2020 $899 $18,760 $3,750 $15,010
2019 $882 $16,080 $3,210 $12,870
2018 $860 $13,870 $2,770 $11,100
2017 $834 $12,400 $2,480 $9,920
2016 $829 $11,000 $2,200 $8,800
2015 $796 $9,310 $1,860 $7,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4981092

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-64-024A