NOT LISTED FOR SALE

Estimated Value: $355,474

Studio
-- Bath
861 Sq Ft
$413/Sq Ft Est. Value

Sale Details

Date Sold: December 18, 2017

Last sale price $187,500 $218 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,143 / mo

40 Days on Market

Highlights

  • Community Kitchen
  • Ceramic Tile Flooring
  • Security Fence
  • Phoenix Coding Academy Rated A
  • Central Air
  • Heating System Uses Natural Gas

About This Home

As of December 2017

PROPERTY CURRENTLY BEING USED AS RESIDENTIAL BUT CAN BE TURNED INTO AN OFFICE WITH A WORKSHOP FOR YOUR BUSINESS IN THE BACK - BACK GATE ENTRANCE FOR ADDITIONAL PARKING. THERE IS A WORKSHOP IN THE BACK WHICH CAN BE PART OF YOUR BUSINESS. OWNER HAS DONE SOME STONE TILE DECORATION WORK IN THE MAIN BUILDING.
THERE IS A TREE HOUSE IN THE BACK YARD. PROPERTY IS RIGHT ON 24TH STREET EXPOSED TO ALL THE ADVERTISING YOU WOULD LIKE TO DO. OWNERS ARE USING THE PROPERTY AS THEIR MAIN RESIDENCE. THE MAIN BUILDING AND THE WORKSHOP IN THE BACK YARD HAVE 2 DIFFERENT ELECTRIC METERS. PLEASE MAKE AN APPOINTMENT TO SHOW WITH REAL ESTATE AGENT.

Last Agent to Sell the Property

Erica Esquivel

US Premier Real Estate License #BR523332000 Listed on: 12/14/2017

Last Buyer's Agent

Zucel Sanchez

HomeSmart License #SA670391000

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,730

Year Built

  • Built in 1945

Lot Details

  • 6,001 Sq Ft Lot
  • Security Fence
  • Block Wall Fence
  • Property is zoned C-C

Home Design

  • Tilt Up Walls
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 861 Sq Ft Home
  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking
  • Fenced Parking
  • Community Parking Structure

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 117-09-180

Community Details

Overview

  • 2 Buildings
  • West Vel Ru Subdivision

Additional Features

  • Community Kitchen
  • Operating Expense $2,730

Property Details

Property Type

Other

Est. Annual Taxes

$2,730

Year Built

Built in 1945

Lot Details

6,001 Sq Ft Lot

Listing Details

  • Cross Street: 24TH STREET AND MCDOWELL NORTH TO PROPERTY
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-C
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1945
  • Tax Year: 2017
  • Lot Size Acres: 0.14
  • Subdivision Name: WEST VEL RU
  • Structure Type: Commercial, Office
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 861.0

Exterior Features

  • Fencing: Security, Block
  • Disclosures: None
  • Construction Type: Tilt-Up, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Parking Features: Paved, Private, Parking Structure, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes
  • Parking Features Free: Yes
  • Parking Features Fenced: Yes

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Central Air
  • Heating: Natural Gas
  • Green Building Features: Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 6001.0
  • Parcel #: 117-09-180

Multi Family

  • Annual Operating Expense: 2730.0

Tax Info

  • Tax Annual Amount: 2730.0
  • Tax Book Number: 117.00
  • Tax Lot: 9
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2017
Closed on
Nov 24, 2017
Sold by
Pacheco Deras Denis E Ortega and Pacheco Ortiz Virginia I
Bought by
Landin Manuel
Seller's Agent
Erica Esquivel
US Premier Real Estate
Buyer's Agent
Zucel Sanchez
HomeSmart
List Price
$199,990
Sold Price
$187,500
Premium/Discount to List
-$12,490
-6.25%
Current Estimated Value
$355,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,974
Avg. Annual Appreciation
8.03%
Original Mortgage
$121,875
Outstanding Balance
$102,608
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$252,866

Purchase Details

Closed on
May 13, 2016
Sold by
Ortiz Virginia I Pacheco
Bought by
Pacheco Deras Denis E Ortega and Pacheco Ortiz Virginia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2016
Sold by
Kalec Michele M
Bought by
Ortiz Virginia I Pacheco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 1996
Sold by
Burton John L
Bought by
Kalec Michele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 15, 1996
Sold by
Burton John L and Burton Melanie M
Bought by
Burton John L Jack and Burton Marion M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.05%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Landin Manuel $187,500 Lawyers Title Of Arizona Inc
Pacheco Deras Denis E Ortega -- Stewart Title
Ortiz Virginia I Pacheco -- Stewart Title
Ortiz Virginia I Pacheco $148,000 Stewart Title
Kalec Michele M $60,000 Fidelity Title
Burton John L Jack -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landin Manuel $121,875
Previous Owner Ortiz Virginia I Pacheco $148,000
Previous Owner Ortiz Virginia I Pacheco $148,000
Previous Owner Kalec Michele M $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2017 12/18/17 Sold $187,500 -6.2% $218 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
12/14/2017 12/14/17 Price Changed $199,990 0.0% $232 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
12/12/2017 12/12/17 Price Changed $199,990 0.0% $232 / Sq Ft
11/11/2017 11/11/17 Pending -- -- --
11/04/2017 11/04/17 For Sale $199,990 -- $232 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,743 $20,307 -- --
2024 $2,773 $19,945 -- --
2023 $2,773 $28,645 $23,477 $5,168
2022 $2,742 $24,710 $15,295 $9,415
2021 $2,889 $23,886 $15,732 $8,154
2020 $2,819 $21,006 $14,634 $6,372
2019 $2,799 $18,972 $10,800 $8,172
2018 $2,742 $16,236 $9,990 $6,246
2017 $2,730 $16,866 $10,404 $6,462
2016 $2,624 $15,822 $9,720 $6,102
2015 $2,509 $14,930 $9,676 $5,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5683938

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-09-180

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