NOT LISTED FOR SALE

Estimated Value: $743,000 - $854,000

-- Bed
-- Bath
3,264 Sq Ft
$245/Sq Ft Est. Value

Last Sold November 12, 2013

Last sale price $188,000 $58 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $4,556/month

25 Days on Market

Highlights

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

About This Home

As of November 2013

Super 4Plex located on quiet cul de sac
Bottom units have large backyards. Excellent East Valley Location with Easy Freeway Access to Airport, Tempe, Scottsdale and Downtown. Good Cash Flow.
All facts and figures approximate buyer to verify to their satisfaction.
THIS IS A SHORT SALE!!

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 08/26/2013

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 08/26/2013

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $894

Year Built

  • Built in 1983

Lot Details

  • 8,712

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 trash collection, water, sewer, landscaping
  • Tax Lot 8
  • Assessor Parcel Number 136-07-166

Community Details

Overview

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

Building Details

  • Operating Expense $6,274
  • Gross Income $24,966
  • Net Operating Income $18,692

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$894

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: 2012
  • Directions: West on Mckellips to Hunt Circle and turn North
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • 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
  • 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

Fee Information

  • Annual Water Sewer Expense: 2400.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 136-07-166

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 24966.0
  • Insurance Expense: 880.0
  • Maintenance Expense: 2100.0
  • Property Net Operating Income: 18692.0
  • Annual Operating Expense: 6274.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 894.0
  • Tax Book Number: 136.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Scopelitis Shirley and Scopelitis Alexis
Bought by
Scopelitits Llc
Current Estimated Value
$798,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Outstanding Balance
$117,888
Interest Rate
2.28%
Mortgage Type
New Conventional
Estimated Equity
$635,612

Purchase Details

Closed on
Aug 24, 2016
Sold by
Scopelitis Alexis and Scopelitis Shirley
Bought by
Scopelitis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2016
Sold by
Scopelitis Llc
Bought by
Scopelitis Alexis and Scopelitis Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2015
Sold by
Scopelitis Shirley
Bought by
Scopelitis Llc

Purchase Details

Listed on
Aug 26, 2013
Closed on
Nov 4, 2013
Sold by
Scopelitis Alexis
Bought by
Scopelitis Shirley
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
List Price
$189,900
Sold Price
$188,000
Premium/Discount to List
-$1,900
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%
Original Mortgage
$141,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2012
Sold by
Thompson Jenny Lu
Bought by
Crum David Alan

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Scopelitits Llc -- None Listed On Document
Scopelitis Shirley -- New Title Company Name
Scopelitis Llc -- Accommodation
Scopelitis Alexis -- Chicago Title Agency
Scopelitis Llc -- None Available
Scopelitis Shirley -- Stewart Title & Trust Of Pho
Scopelitis Shirley $188,000 Stewart Title & Trust Of Pho
Crum David Alan -- None Available
Crum David $290,000 --
Vose Wayne $236,000 Security Title Agency
Zolnierczyk Michael $171,250 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scopelitis Shirley $149,000
Previous Owner Scopelitis Alexis $145,000
Previous Owner Scopelitis Shirley $141,000
Previous Owner Crum David $258,000
Previous Owner Crum David $203,000
Previous Owner Vose Wayne $212,400
Closed Crum David $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2013 11/12/13 Sold $188,000 -1.0% $58 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $189,900 -- $58 / 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 $1,748 $17,806 -- --
2024 $1,762 $16,958 -- --
2023 $1,762 $58,670 $11,730 $46,940
2022 $1,726 $44,730 $8,940 $35,790
2021 $1,747 $38,870 $7,770 $31,100
2020 $1,724 $34,520 $6,900 $27,620
2019 $1,611 $29,410 $5,880 $23,530
2018 $1,546 $26,330 $5,260 $21,070
2017 $1,500 $23,010 $4,600 $18,410
2016 $1,472 $20,880 $4,170 $16,710
2015 $1,383 $19,560 $3,910 $15,650
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4988916

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-07-166