NOT LISTED FOR SALE

Estimated Value: $299,846 - $360,000

-- Bed
-- Bath
1,856 Sq Ft
$182/Sq Ft Est. Value

Last Sold October 22, 2018

Last sale price $189,900 $102 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,879/month

99 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of October 2018

Great investment opportunity! Tri-plex with no vacancies. Quiet area, short commute to Phoenix, and beautiful views!
Each unit offers a refrigerator, stove,
carpet/tile flooring, individual AC/Heating units, and private patios. Communal laundry room includes a coin operated washer and dryer. BUYER TO VERIFY ALL MATERIAL FACTS.

Last Agent to Sell the Property

Darla Johnson

Squaw Peak Realty License #SA558751000 Listed on: 06/16/2018

Last Buyer's Agent

Laney Brandt

Compass License #SA509279000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $527

Year Built

  • Built in 1989

Lot Details

  • 0.55

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Out Of Maricopa Cnty Elementary And Middle School
  • Boulder Creek High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water
  • Tax Lot 12
  • Assessor Parcel Number 502-17-041-F

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRREGULAR
  • Indian Hills Subdivision

Building Details

  • Operating Expense $527
  • Net Operating Income $1,835

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$527

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Cross Street: Coldwater Canyon & Squaw Valley Drive
  • Legal Info Range: 02E
  • Property Type: Multiple Dwellings
  • Zoning: R2-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1989
  • Tax Year: 2017
  • Directions: Interstate 17 to Exit 244. East on Coldwater Drive to Squaw Valley Drive, West on Squaw Valley Drive to west side apartments.
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: INDIAN HILLS
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Boulder Creek High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Lot Size: IRREGULAR
  • Additional Parcels: No
  • Parcel #: 502-17-041-F

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Property Net Operating Income: 1835.0
  • Annual Operating Expense: 527.0

Tax Info

  • Tax Annual Amount: 527.0
  • Tax Book Number: 502.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2019
Sold by
Lorusso Shawn
Bought by
Lorusso Shawn and Coto Frank
Current Estimated Value
$336,962

Purchase Details

Listed on
Jun 16, 2018
Closed on
Oct 23, 2018
Sold by
Sun Fire Holdings Llc
Bought by
Lorusso Shawn
Seller's Agent
Darla Johnson
Squaw Peak Realty
Buyer's Agent
Laney Brandt
Compass
List Price
$210,000
Sold Price
$189,900
Premium/Discount to List
-$20,100
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$142,425
Outstanding Balance
$125,226
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$230,846

Purchase Details

Listed on
Jun 16, 2018
Closed on
Oct 19, 2018
Sold by
Coto Frank and Lorusso Shawn
Bought by
Lorusso Shawn
Seller's Agent
Darla Johnson
Squaw Peak Realty
Buyer's Agent
Laney Brandt
Compass
List Price
$210,000
Sold Price
$189,900
Premium/Discount to List
-$20,100
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,425
Outstanding Balance
$125,226
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$230,846

Purchase Details

Listed on
Jun 12, 2015
Closed on
Sep 16, 2015
Sold by
Harper Kristen
Bought by
Sun Fire Holdings Llc
Seller's Agent
Shelly Urquides
Squaw Peak Realty
Buyer's Agent
Unknown Agent
NON-MEMBER FIRM
List Price
$148,900
Sold Price
$145,000
Premium/Discount to List
-$3,900
-2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$108,750
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2013
Sold by
Jordan Jb
Bought by
Greenmark Llc

Purchase Details

Closed on
Aug 5, 2011
Sold by
M2 Properties Llc
Bought by
Jordan Jb

Purchase Details

Closed on
Apr 20, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
M-2 Properties Llc

Purchase Details

Closed on
Feb 22, 2010
Sold by
Ocwen Loan Servicing Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 11, 2010
Sold by
Burney Barbara and Burney James D
Bought by
Ocwen Loan Servicing Llc

Purchase Details

Closed on
Jul 20, 2009
Sold by
Greenmark Llc
Bought by
Harper Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2005
Sold by
Hutchison Donna and Kunysz Linda
Bought by
Burney James D and Burney Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
7.75%
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
Lorusso Shawn -- Accommodation
Lorusso Shawn $189,900 Great American Title Agency
Lorusso Shawn -- Great American Title Agency
Sun Fire Holdings Llc -- None Available
Greenmark Llc -- None Available
Jordan Jb -- Yavapai Title Agency Inc
M-2 Properties Llc $44,900 Stewart Title & Trust
Federal Home Loan Mortgage Corp -- Accommodation
Ocwen Loan Servicing Llc $65,000 Lsi Title Agency Inc
Harper Kristen -- Pioneer Title Agency Pav Way
Burney James D $230,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorusso Shawn $142,425
Closed Lorusso Shawn $142,425
Previous Owner Harper Kristen $108,750
Previous Owner M 2 Properties Llc $75,000
Previous Owner Harper Kristen $108,750
Previous Owner Burney Barbara $172,500
Previous Owner Burney James D $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2018 10/22/18 Sold $189,900 +0.5% $102 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
09/10/2018 09/10/18 Price Changed $189,000 -10.0% $102 / Sq Ft
06/15/2018 06/15/18 For Sale $210,000 +44.8% $113 / Sq Ft
08/14/2015 08/14/15 Sold $145,000 -2.6% $78 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $148,900 -- $80 / 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
2026 $556 $26,874 -- --
2024 $565 $27,394 -- --
2023 $565 $21,748 $2,587 $19,161
2022 $510 $17,571 $1,838 $15,733
2021 $527 $17,873 $1,532 $16,341
2020 $504 $0 $0 $0
2019 $509 $0 $0 $0
2018 $489 $0 $0 $0
2017 $527 $0 $0 $0
2016 $505 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5781588

Arizona Regional Multiple Listing Service (ARMLS)

APN: 502-17-041F