NOT LISTED FOR SALE

Estimated Value: $464,884 - $539,000

1 Bed
-- Bath
3,600 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: December 18, 2017

Last sale price $235,000 $65 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,053 / mo

152 Days on Market

Highlights

  • Resident Manager or Management On Site
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Thunderbird High School Rated A-
  • Central Air
  • Heating Available

About This Home

As of December 2017

Investment dream. Low maintenance 4-plex easily rented near employment centers! Easy to keep rented - great income property! Rare opportunity to own a 3600sf 4-plex with the community Laundromat INCLUDED! Four large two bedroom and one bath units. This central location makes it easy to get around town. DO NOT WALK property. Tenants have rights. This is the end unit next to the Laundromat (Northwest corner of community). No sign on property. No HOA. No tour of occupied units without accepted offer, contingent upon inspection. Price reduced for AS-IS sale. Electric and gas expense offset by Laundry income. Currently two units vacant and one in need of repair completion.

Last Agent to Sell the Property

Timothy Theiss

eXp Realty License #BR541858000 Listed on: 05/04/2017

eXp Realty

Last Buyer's Agent

Patrick Halpine

My Home Group Real Estate License #SA630078000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,807

Year Built

  • Built in 1963

Home Design

  • Composition Roof
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit
  • Free Parking

Schools

  • Washington Elementary School
  • Glendale High Middle School
  • Glendale High School

Utilities

  • Central Air
  • Heating Available
  • Separate Meters

Listing and Financial Details

  • The owner pays for electricity, trash collection, water, sewer
  • Tax Lot 020
  • Assessor Parcel Number 149-04-020

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 9563
  • Garden Villas Subdivision

Building Details

  • Operating Expense $9,635
  • Gross Income $26,280
  • Net Operating Income $11,450

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,807

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 19TH AVE & CACTUS
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2016
  • Subdivision Name: Garden Villas
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm, APOD/Backup Avaible
  • Construction Type: Painted, Block
  • Roof: Composition, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free, >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 Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Manager Res/Office, No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Fuel Expense: 751.0
  • Trash Expense: 235.0
  • Annual Water Sewer Expense: 1808.0

Schools

  • Elementary School: Washington Elementary School
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Glendale High School

Lot Info

  • Lot Size: 9563
  • Additional Parcels: No
  • Parcel #: 149-04-020

Multi Family

  • Owner Pays: Other, See Remarks, Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Electric Expense: 1808.0
  • Annual Gross Income: 26280.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 2326.0
  • Property Net Operating Income: 11450.0
  • Annual Operating Expense: 9635.0
  • Vacancy Allowance Rate: 0.2

Tax Info

  • Tax Annual Amount: 1807.0
  • Tax Book Number: 149.00
  • Tax Lot: 020

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
Jan 22, 2019
Sold by
Bought by
Current Estimated Value
$532,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
0.046%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2017
Closed on
Dec 12, 2017
Sold by
Bought by
Seller's Agent
Timothy Theiss
eXp Realty
Buyer's Agent
Patrick Halpine
My Home Group Real Estate
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$176,250
Interest Rate
0.0394%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2006
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
$37,950
Interest Rate
0.0657%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 13, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 21, 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
$256,000
Interest Rate
0.0565%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 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
$212,000
Interest Rate
0.0537%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 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
$169,800
Interest Rate
0.0687%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 19, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 25, 1996
Sold by
Bought by
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
$280,000 American Title Service Agenc
$235,000 Chicago Title Agency Inc
$379,900 Capital Title Agency Inc
-- --
$320,000 Capital Title Agency Inc
-- Capital Title Agency Inc
-- Capital Title Agency Inc
$265,000 Capital Title Agency Inc
$212,250 Capital Title Agency Inc
-- Capital Title Agency Inc
$186,000 Stewart Title & Trust Phoeni
$1,225,000 Lawyers Title Of Arizona Inc
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
Closed $264,200
Closed $266,000
Closed $176,250
Closed $37,950
Closed $303,900
Closed $256,000
Closed $212,000
Closed $169,800
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
12/18/2017 12/18/17 Sold $235,000 0.0% $65 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $235,000 0.0% $65 / Sq Ft
09/22/2017 09/22/17 Price Changed $235,000 +4.4% $65 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $225,000 0.0% $63 / Sq Ft
09/18/2017 09/18/17 Price Changed $225,000 -15.1% $63 / Sq Ft
07/15/2017 07/15/17 Pending -- -- --
06/26/2017 06/26/17 Price Changed $264,888 -1.5% $74 / Sq Ft
05/26/2017 05/26/17 Price Changed $268,888 -0.4% $75 / Sq Ft
05/04/2017 05/04/17 For Sale $269,888 -- $75 / 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 $2,144 $16,868 -- --
2024 $2,026 $16,065 -- --
2023 $2,026 $44,280 $8,850 $35,430
2022 $1,960 $30,660 $6,130 $24,530
2021 $1,985 $28,580 $5,710 $22,870
2020 $1,935 $26,350 $5,270 $21,080
2019 $1,900 $23,280 $4,650 $18,630
2018 $1,850 $19,150 $3,830 $15,320
2017 $1,841 $17,920 $3,580 $14,340
2016 $1,807 $17,360 $3,470 $13,890
2015 $1,674 $17,110 $3,420 $13,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5601943

Arizona Regional Multiple Listing Service (ARMLS)

APN: 149-04-020

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