NOT LISTED FOR SALE

Estimated Value: $460,046 - $607,000

-- Bed
-- Bath
3,600 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 08, 2018

Last sale price $257,700 $72 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,074/month

3 Days on Market

Highlights

  • Cooling Available
  • Thunderbird High School Rated A-
  • Individual Controls for Heating

About This Home

As of February 2018

This fourplex is part of a 48 unit complex consisting of 12 individually owned 4-plex buildings. All two bedroom/one bath. The back units all have fenced in Yards.
Very Large Bedrooms and living area space. Hard to find slump block construction. 100% occupied for solid cash flow from day one, however, Many units have been recently updated with new carpet and pad and paint. Rents are below market and can easily be raised: rents are $550, $575, $595, $550. Most are long term tenants and want to stay put. For other rent comparable within the community you will find some as high as $650-$675. Buyer to verify all facts and figures - no HOA. 2036 W Cactus also for sale. Make an offer for both!!

Last Agent to Sell the Property

Jake Allen

Tradelands Realty License #SA569290000 Listed on: 12/05/2017

Last Buyer's Agent

Lisa Miguel

West USA Realty License #SA568277000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1963

Lot Details

  • 9,583

Home Design

  • Built-Up Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 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
  • Assessor Parcel Number 149-04-016

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Garden Villas Subdivision

Building Details

  • Operating Expense $1,548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,539

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 19th Avenue/Cactus
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2016
  • Directions: From 19th Ave and Cactus go West to the property Community on the North side - Garden Villas
  • Road Surface Type: Asphalt
  • Professional Management Expense: 9.0
  • Subdivision Name: Garden Villas
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • 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

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

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 149-04-016

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1548.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1539.0
  • Tax Book Number: 149.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Cole Richard J
Bought by
Cactus Plex 2 Llc
Current Estimated Value
$538,512

Purchase Details

Closed on
Apr 6, 2021
Sold by
Cactus Plex2 Llc
Bought by
Cole Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2017
Closed on
Mar 30, 2018
Sold by
Cole Richard J
Bought by
Cactus Plex 2 Llc
Seller's Agent
Jake Allen
Tradelands Realty
Buyer's Agent
Lisa Miguel
West USA Realty
List Price
$267,700
Sold Price
$257,700
Premium/Discount to List
-$10,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$193,016
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2017
Closed on
Feb 5, 2018
Sold by
Barnes Jeff and Barnes Natalie
Bought by
Cole Richard J
Seller's Agent
Jake Allen
Tradelands Realty
Buyer's Agent
Lisa Miguel
West USA Realty
List Price
$267,700
Sold Price
$257,700
Premium/Discount to List
-$10,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,016
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2014
Sold by
Promised Land Ventures Llc
Bought by
Ury Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,100
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2010
Sold by
Ury Katherine A
Bought by
Barnes Jeff and Barnes Natalie

Purchase Details

Closed on
Jun 1, 2009
Sold by
Promised Land Ventures Llc
Bought by
Ury Katherine A

Purchase Details

Closed on
Aug 17, 2006
Sold by
Ury Katherine A
Bought by
Promised Land Ventures Llc

Purchase Details

Closed on
Apr 28, 2006
Sold by
Elkhorn Properties Llc
Bought by
Ury Kathy and Ury Katherine A

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
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 13, 2005
Sold by
Gonzalez Marco Anthony and Jonas John J
Bought by
Elkhorn Properties Llc

Purchase Details

Closed on
Feb 21, 2005
Sold by
Jonas Elizabeth Duarte
Bought by
Jonas John J

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
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2004
Sold by
Kliegl Jerald J and Kliegl Yachodara
Bought by
Davi Gary

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
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2004
Sold by
Ameetec Systems Llc
Bought by
Kliegl Jerald J and Kliegl Yachodara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,025
Interest Rate
8.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2003
Sold by
Mee Warren H
Bought by
Ameetec Systems Llc

Purchase Details

Closed on
Oct 19, 2001
Sold by
Flores Jeffrey R and Flores Kathleen D
Bought by
Mee Warren H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
6.87%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Cactus Plex 2 Llc -- None Listed On Document
Cole Richard -- Chicago Title Agency Inc
Cactus Plex 2 Llc -- None Available
Cole Richard J $257,354 Chicago Title Agency Inc
Ury Katherine A -- First Arizona Title Agency
Barnes Jeff $105,000 Chicago Title
Ury Katherine A -- Chicago Title Insurance Co
Promised Land Ventures Llc -- None Available
Ury Kathy $379,900 Capital Title Agency Inc
Elkhorn Properties Llc -- --
Jonas John J -- Capital Title Agency Inc
Gonzalez Marco Anthony -- Capital Title Agency Inc
Gonzalez Marco Anthony $320,000 Capital Title Agency Inc
Davi Gary $265,000 Capital Title Agency Inc
Kliegl Jerald J $212,250 Capital Title Agency Inc
Ameetec Systems Llc -- Capital Title Agency Inc
Mee Warren H $186,000 Stewart Title & Trust Phoeni
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cole Richard $40,000
Previous Owner Cole Richard J $193,016
Previous Owner Barnes Jeff $117,000
Previous Owner Ury Katherine A $100,100
Previous Owner Ury Katherine A $37,950
Previous Owner Ury Kathy $303,900
Previous Owner Gonzalez Marco Anthony $256,000
Previous Owner Davi Gary $212,000
Previous Owner Kliegl Jerald J $191,025
Previous Owner Mee Warren H $148,800
Closed Davi Gary $26,500
Closed Gonzalez Marco Anthony $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2018 02/08/18 Sold $257,700 -3.7% $72 / Sq Ft
12/05/2017 12/05/17 Price Changed $267,700 0.0% $74 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $267,700 -- $74 / 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 $1,757 $14,363 -- --
2024 $1,725 $13,679 -- --
2023 $1,725 $38,310 $7,660 $30,650
2022 $1,668 $26,460 $5,290 $21,170
2021 $1,690 $24,810 $4,960 $19,850
2020 $1,648 $22,810 $4,560 $18,250
2019 $1,618 $19,930 $3,980 $15,950
2018 $1,575 $16,300 $3,260 $13,040
2017 $1,567 $15,270 $3,050 $12,220
2016 $1,539 $14,760 $2,950 $11,810
2015 $1,425 $14,450 $2,890 $11,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5681495

Arizona Regional Multiple Listing Service (ARMLS)

APN: 149-04-024