$216,800
SOLD MAR 25, 2014
-- Bed
-- Bath
3,264 Sq Ft
8,364 Sq Ft Lot

Recently Sold

$66 Per Sq Ft

4% Below List Price

19 Days on Market

Highlights

  • Cooling Available
  • Macarthur Elementary School Rated A-
  • Individual Controls for Heating

About This Home

As of May 2018

Great Fourplex in Nice Neighborhood ! Bottom Units have Large Private Backyards. Located in quiet Cul-de-Sac.
Excellent East Valley Location. Large 816 Square Foot units with all utilities
individually metered including water. All facts ans figures Approximate, Buyer to Verify to their Satisfaction including MLS info.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 02/03/2014

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Steven Cvetanovich

Better Homes & Gardens Real Estate SJ Fowler License #BR646588000

Last Buyer's Agent

Arthur Hall

Perk Prop Real Estate License #SA649515000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,095

Year Built

  • Built in 1983

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for landscaping
  • Tax Lot 9
  • Assessor Parcel Number 136-07-167

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • North Gate Gardens Subdivision

Building Details

  • Operating Expense $5,710
  • Gross Income $23,940
  • Net Operating Income $18,230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,095

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: MCKELLIPS & GILBERT
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2013
  • Directions: West on McKellips to Hunt Circle and Turn North.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 1915.0
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: North Gate Gardens
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • 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:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Individual: 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
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 136-07-167

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 23940.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 18230.0
  • Annual Operating Expense: 5710.08
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1095.08
  • Tax Book Number: 136.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2021
Sold by
Gibbons Keith D and Gibbons Debra S
Bought by
Desert Vista Properties Llc
Current Estimated Value
$786,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2020
Sold by
Gibbons Keith and Gibbons Debra
Bought by
Desert Vista Properties Llc

Purchase Details

Listed on
Mar 30, 2018
Closed on
Apr 24, 2018
Sold by
Carmichael Lonny
Bought by
Gibbons Keith D and Gibbons Debra S
Seller's Agent
Stacey Crewse
Diamond King Realty
Buyer's Agent
Kevin Stark
Realty ONE Group
List Price
$424,900
Sold Price
$419,000
Premium/Discount to List
-$5,900
-1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$314,250
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2014
Closed on
Mar 12, 2014
Sold by
Carmichael Meredith
Bought by
Carmichael Lonny
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Arthur Hall
Perk Prop Real Estate
List Price
$224,900
Sold Price
$216,800
Premium/Discount to List
-$8,100
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.39%

Purchase Details

Closed on
Nov 15, 2004
Sold by
Vose Wayne and Vose Susan
Bought by
Leong David and Crum Dave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
5.72%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 23, 2003
Sold by
Zolnierczyk Michael and Zolnierczyk Helena
Bought by
Vose Wayne and Vose Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,400
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2000
Sold by
Vaughan Gerald Keith and Vaughan Jeanne Marie
Bought by
Zolnierczyk Michael and Zolnierczyk Helena
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 Type Sale Price Title Company
Warranty Deed -- Lawyers Title
Warranty Deed -- Lawyers Title Of Arizona Inc
Quit Claim Deed -- None Available
Warranty Deed $419,000 Chicago Title Agency Inc
Interfamily Deed Transfer -- Stewart Title & Trust Of Pho
Cash Sale Deed $216,800 Stewart Title & Trust Of Pho
Warranty Deed $290,000 --
Warranty Deed $236,000 Security Title Agency
Deed $170,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $308,000 New Conventional
Previous Owner $309,500 New Conventional
Previous Owner $314,250 New Conventional
Previous Owner $162,600 Adjustable Rate Mortgage/ARM
Previous Owner $187,200 New Conventional
Previous Owner $192,750 Unknown
Previous Owner $58,000 Stand Alone Second
Previous Owner $203,000 Purchase Money Mortgage
Previous Owner $212,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2018 05/03/18 Sold $419,000 -1.4% $128 / Sq Ft
03/30/2018 03/30/18 For Sale $424,900 +96.0% $130 / Sq Ft
03/25/2014 03/25/14 Sold $216,800 -3.6% $66 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
02/01/2014 02/01/14 For Sale $224,900 -- $69 / 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
2025 $1,742 $17,742 -- --
2024 $1,756 $16,897 -- --
2023 $1,756 $58,410 $11,680 $46,730
2022 $1,719 $44,550 $8,910 $35,640
2021 $1,741 $38,660 $7,730 $30,930
2020 $1,718 $34,330 $6,860 $27,470
2019 $1,605 $29,310 $5,860 $23,450
2018 $1,540 $26,250 $5,250 $21,000
2017 $1,494 $22,950 $4,590 $18,360
2016 $1,467 $20,780 $4,150 $16,630
2015 $1,378 $19,500 $3,900 $15,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5064162

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-07-167