NOT LISTED FOR SALE

2008 S 12th Ave Safford, AZ 85546

Estimated Value: $732,000 - $806,000

-- Bed
-- Bath
3,200 Sq Ft
$238/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $655,000 $205 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,138/month

40 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Ceramic Tile Flooring

About This Home

As of June 2022

FULLY REMODELED fourplex in the heart of Safford. New HVAC in one. Every unit has been remodeled within the last few years and includes NEW cabinets, NEW granite countertops, NEW stainless steel appliances, NEW light and plumbing fixtures, doors, flooring, paint, hardware. ALL exterior doors and windows replaced. Laundry room with coin operated washers and dryers. Each unit comes with an exterior storage closet. Stable tenant base, room to push rents higher.

Last Agent to Sell the Property

Keith Lytle

Mountain & Desert Properties, LLC License #BR640275000 Listed on: 03/22/2022

Last Buyer's Agent

John Tracy

Carefree Real Estate License #BR628759000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,439

Year Built

  • Built in 1981

Lot Details

  • 0.34

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • On-Street Parking
  • Assigned Parking

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
  • Tax Lot 134
  • Assessor Parcel Number 103-06-008-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are Irregular
  • Ramada Estates Subdivision

Building Details

  • Operating Expense $12,657
  • Gross Income $47,120
  • Net Operating Income $34,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,439

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: S. 12th Ave and 20th Street
  • Legal Info Range: 26E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Professional Management Expense: 4800.0
  • Subdivision Name: RAMADA ESTATES
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned, Street Parking
  • 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:Street Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1668.0

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Junior High Dist: Out of Area
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Lot Size: Irregular
  • Additional Parcels: No
  • Parcel #: 103-06-008-A

Multi Family

  • Owner Pays: Other
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 47120.0
  • Insurance Expense: 1250.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 34463.0
  • Annual Operating Expense: 12657.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1439.0
  • Tax Book Number: 103.00
  • Tax Lot: 134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Jun 13, 2022
Sold by
Rudy Franco
Bought by
Windsor Lps Llc
Seller's Agent
Keith Lytle
Mountain & Desert Properties, LLC
Buyer's Agent
John Tracy
Carefree Real Estate
List Price
$694,000
Sold Price
$655,000
Premium/Discount to List
-$39,000
-5.62%
Current Estimated Value
$760,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,224
Avg. Annual Appreciation
2.63%
Original Mortgage
$458,500
Outstanding Balance
$439,332
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$273,852

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 20, 2020
Sold by
Empire Assets Llc
Bought by
Franco Rudy O
Seller's Agent
Dallon Schultz
H&M Arizona Real Estate Brokerage, LLC
Buyer's Agent
Keith Lytle
Mountain & Desert Properties, LLC
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.77%

Purchase Details

Closed on
Jul 16, 2018
Sold by
Schultz Dallon and Schultz Shannon
Bought by
Empire Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2018
Sold by
Daley Sam Steven
Bought by
Schultz Dallon and Schultz Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2012
Sold by
Allen Michael Joseph and Allen Tjen Mei
Bought by
Daley Sam Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2012
Sold by
Daley Amber
Bought by
Daley Sam Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
S & R Rentals Llc
Bought by
Allen Michael Joseph and Allen Tjen Mei Phoeng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.55%
Mortgage Type
Seller Take Back
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
Windsor Lps Llc $655,000 New Title Company Name
Franco Rudy O $430,000 Equitable Title Agency Llc
Empire Assets Llc -- None Available
Schultz Dallon $245,000 Stewart Title & Trust Of Pho
Daley Sam Steven $170,000 Safford Title Agency
Daley Sam Steven -- None Available
Allen Michael Joseph $340,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Windsor Lps Llc $458,500
Previous Owner Schultz Dallon $183,750
Previous Owner Daley Sam Steven $127,500
Previous Owner Allen Michael Joseph $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $655,000 -5.6% $205 / Sq Ft
03/18/2022 03/18/22 For Sale $694,000 +61.4% $217 / Sq Ft
03/23/2020 03/23/20 Sold $430,000 -4.4% $134 / Sq Ft
02/03/2020 02/03/20 For Sale $450,000 -- $141 / 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 $1,301 -- -- --
2025 $1,301 $24,380 $1,741 $22,639
2024 $1,365 $24,988 $1,741 $23,247
2023 $1,365 $20,868 $1,741 $19,127
2022 $1,341 $18,150 $1,741 $16,409
2021 $1,439 $0 $0 $0
2020 $1,390 $0 $0 $0
2019 $1,448 $0 $0 $0
2018 $1,385 $0 $0 $0
2017 $1,259 $0 $0 $0
2016 $1,248 $0 $0 $0
2015 $1,163 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith Lytle

    Seller's Agent in 2022

    Keith Lytle

    Mountain & Desert Properties, LLC

    (602) 877-5511

    14 Total Sales

    Keith Lytle
    Section Image
  • John Tracy

    Buyer's Agent in 2022

    John Tracy

    Carefree Real Estate

    (480) 717-6462

    13 Total Sales

    John Tracy
    Section Image

  • S

    Buyer's Agent in 2022

    Steve Tracy

    8888 Real Estate

  • D

    Seller's Agent in 2020

    Dallon Schultz

    H&M Arizona Real Estate Brokerage, LLC

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6371705

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-06-008A

Arizona Graham County Safford 85546

2008 S 12th Ave, Safford, AZ

This home is located at 2008 S 12th Ave, Safford, AZ 85546 since 22 March 2022 and is currently estimated at $760,224, approximately $237 per square foot. This property was built in 1981. 2008 S 12th Ave is a home located in Graham County with nearby schools including Dorothy Stinson School, Ruth Powell Elementary School, and Lafe Nelson School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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