NOT LISTED FOR SALE

Estimated Value: $820,271 - $899,000

-- Bed
-- Bath
2,840 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $780,000 $275 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,860/month

48 Days on Market

About This Home

As of May 2022

This triplex is very unique. Ideal if owner/investor wanted to live in a unit, too. Each unit has its own 1 car garage The middle unit has a balcony overlooking views. Current owner has been very gracious to the tenants and kept the rent under market. Lots of opportunity for a new owner/investor to increase the rents. All the leases are month to month. Each unit has a washer/dryer hook up & dishwasher in the kitchenl. One won't find a better built property of this kind on the market today.

Last Agent to Sell the Property

Allen Ginsberg

RE/MAX Fine Properties License #BR007598000 Listed on: 03/09/2022

RE/MAX Fine Properties

Co-Listed By

Patricia Ginsberg

RE/MAX Fine Properties License #SA635703000

Last Buyer's Agent

Default ZNonMLS Member

zDefault NonMLS Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,080

Year Built

  • Built in 1982

Lot Details

  • Lot Dimensions are 135.60 x 50

Parking

  • Garage

Home Design

  • 2,840 Sq Ft Home
  • Wood Frame Construction
  • Asphalt Shingled Roof

Utilities

  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 10702196

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $8,380
  • Gross Income $32,800
  • Net Operating Income $23,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,080

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Duplex, Triplex, 4-Plex, 8-Plex
  • Property Type: Multi-Family
  • Year Built: 1982
  • Total Gross Income: 32800.0
  • Co List Office Mls Id: 510248
  • Co List Office Phone: 928-220-5012
  • Co List Office Phone: 928-220-5012
  • MLS Status: Closed
  • Location Tax Legal:Taxes2: 2080.4
  • Location Tax Legal:Tax Year2: 2020
  • Roof:Asphalt Shingle: Yes
  • General Property Description:Lot Dimensions: 135.60 x 50
  • Location Tax Legal:Zoned: RMM
  • Utilities:Electric3: Yes
  • Utilities:Telephone2: Yes
  • Utilities Sewer: Yes
  • Special Features: None

Interior Features

  • Utilities: Sewer Connected, City Water, Electricity Available, Natural Gas Available, Phone Available, Cable Available
  • Cross Street: E Third Ave
  • Inc Exp Annual Gross Op Income: 32800.0
  • Inc Exp Annual Op Expenses: 8380.0
  • Inc Exp Annual Scheduled Income: 32280.0
  • Heating System: Natural Gas

Exterior Features

  • Construction:Frame - Wood: Yes

Garage/Parking

  • Attached Garage: Yes

Utilities

  • HeatingYN: Yes

Lot Info

  • Lot Dimensions: 135.60 x 50
  • Parcel Number: 10702196

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2080.4

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 23900.0
  • Annual Operating Expense: 8380.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
May 9, 2022
Sold by
Jacque Cech
Bought by
Brownstone Square Development Inc
Seller's Agent
Allen Ginsberg
RE/MAX Fine Properties
Buyer's Agent
Default ZNonMLS Member
zDefault NonMLS Member Office
List Price
$850,000
Sold Price
$780,000
Premium/Discount to List
-$70,000
-8.24%
Current Estimated Value
$854,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,805
Avg. Annual Appreciation
1.79%
Original Mortgage
$520,000
Outstanding Balance
$498,357
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$327,898
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $780,000 -8.2% $275 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $850,000 +9.0% $299 / Sq Ft
03/05/2022 03/05/22 Off Market $780,000 -- --
02/27/2022 02/27/22 For Sale $850,000 -- $299 / Sq Ft
Source: Northern Arizona Association of REALTORS®

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
2024 $2,438 $48,920 -- --
2023 $2,345 $39,136 $0 $0
2022 $2,201 $36,891 $0 $0
2021 $2,140 $35,030 $0 $0
2020 $2,080 $34,281 $0 $0
2019 $2,041 $30,322 $0 $0
2018 $1,985 $28,501 $0 $0
2017 $1,867 $26,921 $0 $0
2016 $1,857 $20,655 $0 $0
2015 $1,748 $18,474 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Arizona Association of REALTORS®

MLS Number: 188777

Northern Arizona Association of REALTORS®

APN: 107-02-196