NOT LISTED FOR SALE

Estimated Value: $564,676 - $754,000

Studio
-- Bath
2,346 Sq Ft
$275/Sq Ft Est. Value

Sale Details

Date Sold: April 2, 2015

Last sale price $110,000 $47 Per Sq Ft

Est. 487% increase in value since last sale

Current estimated payment $3,608 / mo

115 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of April 2015

It's another short sale by the team that gets them done! 4 units - 2 need a lot of work, 2 are occupied. Building has a decent roof and newer HVACs. Needs electrical work and a plan for water runoff. This is a short sale and is subject to lender and seller final approval. Buyer to verify all items prior to the end of the due diligence period.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 11/11/2014

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

Lois Kaipainen

Income Property Shop License #SA567276000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,003

Year Built

  • Built in 1957

Lot Details

  • 0.28

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Separate Meters

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 7
  • Assessor Parcel Number 154-30-004-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Arrow Acres Subdivision

Building Details

  • Gross Income $19,440
  • Net Operating Income $12,437

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,003

Year Built

Built in 1957

Lot Details

0.28 Acres

Listing Details

  • Cross Street: 19th Ave/Indian School
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Subdivision Name: Arrow Acres
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, >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
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Electric
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 154-30-004-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 19440.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 12437.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1003.0
  • Tax Book Number: 154.00
  • Tax Lot: 7

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2021
Sold by
Bought by
Current Estimated Value
$645,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$321,807
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$323,862

Purchase Details

Listed on
Nov 11, 2014
Closed on
Mar 19, 2015
Sold by
Bought by
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$149,000
Sold Price
$110,000
Premium/Discount to List
-$39,000
-26.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.04%
Original Mortgage
$77,000
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 31, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,433
Interest Rate
8.18%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$520,000 American Title Services
$110,000 Chicago Title Agency Inc
$265,000 Grand Canyon Title Agency In
$239,000 Chicago Title Insurance Co
-- --
$150,000 Chicago Title Insurance Co
$130,500 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $360,000
Previous Owner $77,000
Previous Owner $198,750
Previous Owner $191,200
Previous Owner $124,000
Previous Owner $129,433
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/02/2015 04/02/15 Sold $110,000 -26.2% $47 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $149,000 -- $64 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,686 $10,664 -- --
2024 $1,539 $10,156 -- --
2023 $1,539 $39,010 $7,800 $31,210
2022 $1,516 $28,570 $5,710 $22,860
2021 $1,530 $24,410 $4,880 $19,530
2020 $1,471 $20,600 $4,120 $16,480
2019 $1,453 $16,700 $3,340 $13,360
2018 $1,341 $14,230 $2,840 $11,390
2017 $1,324 $13,230 $2,640 $10,590
2016 $1,268 $11,430 $2,280 $9,150
2015 $1,200 $9,680 $1,930 $7,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5201454

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-30-004C

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