NOT LISTED FOR SALE

Estimated Value: $342,000 - $613,000

5 Beds
4 Baths
-- Sq Ft
7,013 Sq Ft Lot

Last Sold April 08, 2016

Last sale price $140,000

Est. 265% increase in value since last sale

Current estimated payment $2,734/month

189 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of April 2016

Now all the apartments are freshly paint, all
have now a gas heater in good order, All unit 1 bedroom have now air conditioning, new insulation in the roof and roof repaired.
All electric checked and all AC connected professionally on the 2 bedrooms
in the front and also for the 3 units. (see pictures with the 3 AC on the roof) NO CARPET ALL TILE MAKE FOR AN EASY TURN OVER, All bathrooms were redone with clean tub and vanities.
All apartments and front home were repainted (ceiling, all rooms and
kitchen) Now the front home is rented for $550 per month and the 3 units are rented
at $385 per month Everything is rented now The only fees are the water for
the 3 units included and trash around $130 per month. Gross income each month is $1695 minus $130 = $ 1565 net PLEASE DO NOT DISTURB

Last Agent to Sell the Property

David Fuller

RE/MAX Desert Showcase License #SA516312000 Listed on: 08/22/2015

RE/MAX Desert Showcase

Co-Listed By

Nicole Dudley

RE/MAX Desert Showcase License #SA651583000

Last Buyer's Agent

Robert Dermer

Century 21-Towne & Country License #BR509977000

Century 21-Towne & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 1916

Lot Details

  • 7,013

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

  • Augustus H Shaw Jr Montessori Elementary And Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for water, cable TV, landscaping
  • The owner pays for trash collection, water, sewer
  • Tax Lot 9
  • Assessor Parcel Number 109-49-054

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 0.16

Building Details

  • Operating Expense $2,251
  • Gross Income $20,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$691

Year Built

Built in 1916

Lot Details

7,013 Sq Ft Lot

Listing Details

  • Cross Street: Jefferson & 21st Avenue
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 2
  • Year Built: 1916
  • Tax Year: 2014
  • Road Surface Type: Asphalt, Alley
  • Co List Office Mls Id: show01
  • Co List Office Phone: 623-979-8888
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1560.0

Schools

  • Elementary School: Augustus H Shaw Jr Montessori School
  • High School: North High School
  • Middle Or Junior School: Augustus H Shaw Jr Montessori School

Lot Info

  • Lot Size: 0.16
  • Additional Parcels: No
  • Parcel #: 109-49-054

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Water, Cable TV, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 20340.0
  • Annual Operating Expense: 2251.0

Tax Info

  • Tax Annual Amount: 691.0
  • Tax Book Number: 109.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2015
Closed on
Mar 31, 2016
Sold by
Medien Lisa Marie
Bought by
Medlen John
Seller's Agent
David Fuller
RE/MAX Desert Showcase
Buyer's Agent
Robert Dermer
Century 21-Towne & Country
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$511,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,276
Avg. Annual Appreciation
13.90%
Original Mortgage
$105,000
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 22, 2015
Closed on
Mar 1, 2016
Sold by
Monoury Alain Lucien
Bought by
Medlen John
Seller's Agent
David Fuller
RE/MAX Desert Showcase
Buyer's Agent
Robert Dermer
Century 21-Towne & Country
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 28, 2013
Closed on
Jan 9, 2014
Sold by
Jsljml Llc
Bought by
Brandory Investments Llc
Seller's Agent
Avril Hogan
ARC Real Estate
Buyer's Agent
Avril Hogan
ARC Real Estate
List Price
$94,000
Sold Price
$75,000
Premium/Discount to List
-$19,000
-20.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.97%
Original Mortgage
$10,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 28, 2013
Closed on
Jan 8, 2014
Sold by
Brandory Investments Llc
Bought by
Monoury Alain Lucien
Seller's Agent
Avril Hogan
ARC Real Estate
Buyer's Agent
Avril Hogan
ARC Real Estate
List Price
$94,000
Sold Price
$75,000
Premium/Discount to List
-$19,000
-20.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2012
Sold by
Arteaga Javier Jose and Carreto Martinez Maria Erminia
Bought by
Jsljml Llc

Purchase Details

Closed on
May 23, 2011
Sold by
Brandin Holdings Llc
Bought by
Arteaga Javier Jose and Carreto Martinez Maria Erminia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,224
Interest Rate
4.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 16, 2010
Sold by
Nm Properties Llc
Bought by
Brandini Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2009
Sold by
Us Bank National Association
Bought by
Bakerson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
5.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2009
Sold by
Bakerson Llc
Bought by
Nm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
5.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 2008
Sold by
Perez Jorge Flores and Flores Rosa
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 12, 2004
Sold by
Glover Jim
Bought by
Glover Jim M and Glover Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,750
Interest Rate
4.28%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 18, 2004
Sold by
Glover Linda
Bought by
Glover Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,750
Interest Rate
4.28%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 18, 2002
Sold by
Capital West Properties Llc
Bought by
Stech Diane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
6.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 1999
Sold by
Pratt Ramon and Hilderbrand Joseph L
Bought by
Capital West Properties Llc

Purchase Details

Closed on
Aug 13, 1998
Sold by
Tucker Bobbie J
Bought by
Pratt Ramon and Hilderbrand Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
6.88%
Mortgage Type
Commercial
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
Medlen John -- Lawyers Title Of Arizona Inc
Medlen John $140,000 Lawyers Title Of Arizona Inc
Brandory Investments Llc -- Security Title Agency
Monoury Alain Lucien $79,900 Security Title Agency
Jsljml Llc $74,000 None Available
Arteaga Javier Jose $90,000 Security Title Agency
Brandini Holdings Llc -- Security Title Agency
Bakerson Llc $34,000 Great American Title
Nm Properties Llc -- None Available
Us Bank National Association $104,000 Great American Title Agency
Glover Jim M -- Ticor Title Agency Of Az Inc
Glover Jim -- Ticor Title Agency Of Az Inc
Glover Jim $152,500 Ticor Title Agency Of Az Inc
Stech Diane J $138,000 First American Title Ins Co
Capital West Properties Llc -- --
Pratt Ramon $86,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Medlen John $105,000
Previous Owner Brandory Investments Llc $10,000
Previous Owner Monoury Alain Lucien $69,900
Previous Owner Arteaga Javier Jose $86,224
Previous Owner Brandini Holdings Llc $100,000
Previous Owner Nm Properties Llc $27,000
Previous Owner Glover Jim M $106,750
Previous Owner Stech Diane J $110,400
Previous Owner Pratt Ramon $77,400
Closed Stech Diane J $13,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2016 04/08/16 Sold $140,000 0.0% --
02/26/2016 02/26/16 Pending -- -- --
08/21/2015 08/21/15 For Sale $140,000 +86.7% --
01/09/2014 01/09/14 Sold $75,000 -20.2% -- View Prior Sale
12/13/2013 12/13/13 Pending -- -- --
09/28/2013 09/28/13 For Sale $94,000 -- --
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 $887 $6,243 -- --
2024 $827 $5,945 -- --
2023 $827 $29,480 $5,890 $23,590
2022 $797 $20,080 $4,010 $16,070
2021 $791 $18,020 $3,600 $14,420
2020 $800 $15,120 $3,020 $12,100
2019 $799 $13,000 $2,600 $10,400
2018 $786 $10,410 $2,080 $8,330
2017 $767 $9,710 $1,940 $7,770
2016 $745 $7,280 $1,450 $5,830
2015 $690 $6,380 $1,270 $5,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5324336

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-49-054

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