NOT LISTED FOR SALE

205 S Paseo Del Flag Flagstaff, AZ 86001

Pine Knoll-Brannen Homes Neighborhood

Estimated Value: $730,809 - $1,065,000

-- Bed
-- Bath
3,200 Sq Ft
$293/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $875,000 $273 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,227/month

19 Days on Market

About This Home

As of January 2022

Terrific investment opportunity! 8 Bedroom/8 bathroom Duplex located adjacent to NAU's Campus, just blocks away from Aspen Place Shops/Restaurants & Downtown Flagstaff!! Property consists of 4 beds/4 baths per unit, all rooms have private baths and are lockable. Common areas in each unit include: living/dining/kitchen & laundry areas. Units are individually metered and include natural gas heat & city utilities. This great cash-flow income property is ideally located in the highly desired Southside area close to amenities, has been consistently 100% occupied and has tremendous upside potential with current rents being 20-30% below current market rents for similar college housing! Please call listing agent for pro-forma NOI, detailing current market rental potential!

Last Agent to Sell the Property

Steve Jackson

Jackson Associates License #SA510867000 Listed on: 12/01/2021

Last Buyer's Agent

Blake Cain

Russ Lyon Sothebys Intl Realty License #SA638759000

Russ Lyon Sothebys Intl Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,745

Year Built

  • Built in 1988

Lot Details

  • 8,538

Home Design

  • 3,200 Sq Ft Home
  • Wood Frame Construction
  • Asphalt Shingled Roof

Utilities

  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 10410094b

Community Details

Overview

  • Association fees include water, sewer, gas, electricity
  • 2 Units

Building Details

  • Operating Expense $9,186
  • Gross Income $54,000
  • Net Operating Income $44,814

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,745

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Duplex, Triplex, 4-Plex, 8-Plex
  • Property Type: Multi-Family
  • Year Built: 1988
  • Total Gross Income: 54000.0
  • Co List Office Phone: 928-774-4579
  • MLS Status: Closed
  • Location Tax Legal:Taxes2: 2745.0
  • Location Tax Legal:Tax Year2: 2020
  • Roof:Asphalt Shingle: Yes
  • Location Tax Legal:Zoned: Rental Resid
  • Utilities:Electric3: Yes
  • Special Features: None

Interior Features

  • Utilities: Indiv Metered, City Water, Electricity Available, Natural Gas Available
  • Cross Street: Calle Reposa
  • Inc Exp Annual Gross Op Income: 54000.0
  • Inc Exp Annual Op Expenses: 9186.0
  • Inc Exp Annual Scheduled Income: 54000.0
  • Heating System: Natural Gas, Central

Exterior Features

  • Construction:Frame - Wood: Yes

Utilities

  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water, Sewer, Gas, Electricity

Lot Info

  • Parcel Number: 10410094b

Rental Info

  • Lease Term: 1 Year +

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2745.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 44814.0
  • Annual Operating Expense: 9186.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Nov 22, 2021
Sold by
Packard Living Trust
Bought by
Vantage Retirement Plans Llc and Shawn Mahoney Ira
Seller's Agent
Steve Jackson
Jackson Associates
Buyer's Agent
Blake Cain
Russ Lyon Sothebys Intl Realty
List Price
$875,000
Sold Price
$875,000
Current Estimated Value
$936,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,452
Avg. Annual Appreciation
1.62%

Purchase Details

Closed on
Jun 23, 2017
Sold by
Packard Packard F and Packard Jodene
Bought by
Packard Packard F and Packard Jodene

Purchase Details

Closed on
Feb 29, 2016
Sold by
Packard Management Llc
Bought by
Packard F Bruce and Packard Jodene

Purchase Details

Closed on
Oct 7, 2015
Sold by
Packard F Bruce and Packard Jodene
Bought by
Packard Management Llc

Purchase Details

Closed on
Mar 18, 2002
Sold by
Fox Karl Andrew and Fox Susan Hyde
Bought by
Packard Fredrick Bruce and Packard Jodene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.85%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Vantage Retirement Plans Llc $725,000 Pioneer Title
Packard Packard F -- None Available
Packard F Bruce -- Accommodation
Packard Management Llc -- Pioneer Title Agency Inc
Packard Fredrick Bruce $240,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Packard Packard F $170,000
Previous Owner Packard Fredrick Bruce $176,649
Previous Owner Packard Fredrick Bruce $197,000
Previous Owner Packard Fredrick Bruce $192,000
Closed Packard Fredrick Bruce $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $875,000 0.0% $273 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $875,000 -- $273 / Sq Ft
Source: Northern Arizona Association of REALTORS®

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 $2,842 $70,057 -- --
2024 $2,842 $70,196 -- --
2023 $2,710 $55,222 $0 $0
2022 $2,252 $44,497 $0 $0
2021 $2,745 $43,071 $0 $0
2020 $2,669 $39,017 $0 $0
2019 $2,618 $33,616 $0 $0
2018 $2,547 $28,038 $0 $0
2017 $2,395 $27,410 $0 $0
2016 $2,382 $24,884 $0 $0
2015 $2,372 $25,071 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Jackson

    Seller's Agent in 2022

    Steve Jackson

    Jackson Associates

    (928) 226-3188

    1 in this area

    71 Total Sales

    Steve Jackson
    Section Image
  • Blake Cain

    Buyer's Agent in 2022

    Blake Cain

    Russ Lyon Sothebys Intl Realty

    (928) 779-5966

    2 in this area

    148 Total Sales

    Blake Cain
    Section Image
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Map

Source: Northern Arizona Association of REALTORS®

MLS Number: 188091

Northern Arizona Association of REALTORS®

APN: 104-10-094B

Arizona Coconino County Flagstaff 86001 Pine Knoll-Brannen Homes

205 S Paseo Del Flag, Flagstaff, AZ

This home is located at 205 S Paseo Del Flag, Flagstaff, AZ 86001 since 01 December 2021 and is currently estimated at $936,452, approximately $292 per square foot. This property was built in 1988. 205 S Paseo Del Flag is a home located in Coconino County with nearby schools including Lura Kinsey Elementary School, Flagstaff High School, and Haven Montessori Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Arizona Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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