NOT LISTED FOR SALE

Estimated Value: $528,367 - $894,000

5 Beds
3 Baths
1,500 Sq Ft
$478/Sq Ft Est. Value

Last Sold July 09, 2012

Last sale price $120,000 $80 Per Sq Ft

Est. 506% increase in value since last sale

Current estimated payment $3,952/month

5 Days on Market

Highlights

  • Multiple cooling system units
  • Painted or Stained Flooring
  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A

About This Home

As of July 2012

Updated Tri-plex in East Phoenix Neighborhood. Many Repairs and replacement of Machanical,Kitchens and Bathrooms. Low Maintance property.Priced to sell. Traditional sale.Drive by only. Must write acceptable offer prior to inspections.

Last Agent to Sell the Property

Patrick Bradley

HomeSmart License #BR008433000 Listed on: 06/05/2012

HomeSmart

Last Buyer's Agent

Jerry Lenhart

West USA Realty License #SA022822000

West USA Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 9,714

Home Design

  • Brick Exterior Construction
  • Composition Shingle Roof
  • Block Exterior

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Painted or Stained Flooring
  • Concrete
  • Vinyl

Schools

  • Central High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for landscaping, sewer, trash collection, water

Community Details

Overview

  • $1,210 per year Dock Fee
  • 3 Units
  • Building Dimensions are 9694

Building Details

  • Insurance Expense $1,454

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: F/S Oven/Range, Refrigerator
  • Construction Finish: Painted
  • Cross Street: 49th Street/Thomas
  • Floors: Concrete, Vinyl
  • Legal Info Lot Number: 10
  • Other Type: Packaged Offering
  • Roads Streets: Asphalt, Dedicated Street
  • Property Type: F
  • Legal Description Abbrev: Orangedale Tr 11 13 14 15
  • Marketing Name: Vasquez Triplex
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 3.00
  • Map Code Grid: P36
  • Year Built: 1962
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Mini Blinds, Unfurnished

Exterior Features

  • Exterior Amenities: Desert Landscaping, Green Landscaping, Patio/Balcony
  • Roofing: Comp Shingle
  • Construction: Block, Brick

Garage/Parking

  • Parking: <1 Space Per Unit, Carport
  • Total Parking Spaces: 6.00
  • Covered Parking Spaces: 3.00

Utilities

  • Water: City Franchise
  • Electric: Individual Meter, SRP
  • Cooling: 2 or More Units, Central A/C, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump, Individual

Condo/Co-op/Association

  • Community Amenities: No Pool

Schools

  • High School: Central High School
  • Junior High School: Phoenix Prep Academy

Lot Info

  • Lot Size: 9694

Multi Family

  • Income And Expenses Annual Ins Exp: 1454.00
  • Income And Expenses Annual Landscape Exp: 355.00
  • Income And Expenses Annual Maint Exp: 2000.00
  • Income And Expenses Annual Mgmt Exp: 900.00
  • Income And Expenses Annual Water Sewer Exp: 1854.00
  • Income And Expenses Net Operating Income: 9927.00
  • Income And Expenses Operating Exp: 7773.00
  • Income And Expenses Totl Mnth Rntal Inc: 1475.00
  • Income And Expenses Vacancy Allowance: 0.05
  • Number Of One Bedroom Units: 1
  • Number Of Two Bedroom Units: 2
  • One Bedroom Units Avg Rent: 425.00
  • One Bedroom Units Avg Sq Ft: 750
  • One Bedroom Units Baths: 1
  • Owner Pays: Landscaping, Sewer, Trash Collection, Water
  • Tenant Pays: Electric
  • Total Numberof Buildings: 1
  • Total Numberof Units: 3.00
  • Two Bedroom Units Avg Rent: 525.00
  • Two Bedroom Units Avg Sq Ft: 750
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 1210.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2019
Sold by
Cameron 2 Llc
Bought by
Usge Holdings Of Arizona Xxix Llc
Current Estimated Value
$727,724

Purchase Details

Closed on
May 3, 2018
Sold by
Pace John and Pace Jon K
Bought by
Cameron 2 Llc and 14205 De Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 5, 2012
Closed on
Jun 25, 2012
Sold by
Vasquez Triplex I Llc
Bought by
Pace John
Seller's Agent
Patrick Bradley
HomeSmart
Buyer's Agent
Jerry Lenhart
West USA Realty
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.21%

Purchase Details

Closed on
Jun 22, 2005
Sold by
Vasquez Victor
Bought by
Vasquez Triplex I Llc

Purchase Details

Closed on
Jul 29, 1999
Sold by
Precup Joann Gayle
Bought by
Vasquez Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
7.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Usge Holdings Of Arizona Xxix Llc $330,000 Fidelity Natl Ttl Agcy Inc
Cameron 2 Llc $1,230,000 Landmark Title Assurance Age
Pace John $120,000 Magnus Title Agency
Vasquez Triplex I Llc -- --
Vasquez Victor $107,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cameron 2 Llc $4,000,000
Previous Owner Vasquez Victor $96,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2012 07/09/12 Sold $120,000 0.0% $80 / Sq Ft
06/10/2012 06/10/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $120,000 -- $80 / 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 $1,485 $11,634 -- --
2024 $1,384 $11,080 -- --
2023 $1,384 $43,430 $8,680 $34,750
2022 $1,276 $34,200 $6,840 $27,360
2021 $1,302 $31,050 $6,210 $24,840
2020 $1,278 $27,300 $5,460 $21,840
2019 $1,274 $23,180 $4,630 $18,550
2018 $1,197 $19,380 $3,870 $15,510
2017 $1,146 $16,680 $3,330 $13,350
2016 $1,121 $13,920 $2,780 $11,140
2015 $1,053 $10,170 $2,030 $8,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4770505

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-18-014B