NOT LISTED FOR SALE

Estimated Value: $387,924 - $486,000

4 Beds
-- Bath
1,586 Sq Ft
$274/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $410,000 $259 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,393/month

3 Days on Market

Highlights

  • 8 Car Attached Garage
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System
  • ENERGY STAR Qualified Equipment for Heating

About This Home

As of March 2021

Completely remodeled duplex! Each unit has two bedrooms and one bathroom, their own washer/dryer hookups and private backyards. Lots of parking on this large oversized corner lot. Everything has been upgraded on this duplex including two new AC's and ductwork, new electrical, new plumbing, new kitchens and stainless steel appliances, bathrooms, water heaters, floors, windows, interior and exterior doors, lighting fixtures, interior/exterior paint, fencing around each backyard and around parking lot, landscaping and many other upgrades. Owner/Agent.

Last Agent to Sell the Property

Adam Sumner

Gentry Real Estate License #SA684589000 Listed on: 02/17/2021

Gentry Real Estate

Last Buyer's Agent

Russell Harris

RETSY License #SA639092000

RETSY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,011

Year Built

  • Built in 1961

Lot Details

  • 7,841

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 8 Car Attached Garage
  • 8 Open Parking Spaces
  • Free Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Utilities

  • Central Heating and Cooling System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 154-29-001-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are 61 x 129

Building Details

  • Operating Expense $4,011
  • Gross Income $27,360
  • Net Operating Income $23,349

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,011

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 23rd Ave & Indian School Rd
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2020
  • Directions: Head north on 23rd Avenue. Make a right on Glenrosa Avenue. Property is at the end of the street on the right side.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free, Attached, <1 Space Per Unit
  • Attached Garage: Yes
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features Free2: Yes
  • Parking Features:Attached: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Electric
  • Heating: ENERGY STAR Qualified Equipment, Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 61 x 129
  • Additional Parcels: No
  • Parcel #: 154-29-001-B

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 2
  • Annual Gross Income: 27360.0
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 23349.0
  • Annual Operating Expense: 4011.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1011.0
  • Tax Book Number: 154.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Anthony Mendes Jr and Anthony Bianca
Bought by
Mendes Family Trust
Current Estimated Value
$434,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Outstanding Balance
$306,823
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$160,727

Purchase Details

Closed on
Feb 22, 2022
Sold by
Anthony Mendes Jr and Anthony Bianca
Bought by
Mendes Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Outstanding Balance
$306,823
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$160,727

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 22, 2021
Sold by
Clutch Investments Llc
Bought by
Mendes Anthony and Mendes Bianca
Seller's Agent
Adam Sumner
Gentry Real Estate
Buyer's Agent
Russell Harris
RETSY
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$301,500
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2020
Sold by
Rapha Llc
Bought by
Clutch Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2014
Sold by
Tran Hung T and Tran Diana T
Bought by
Rapha Llc

Purchase Details

Closed on
Dec 8, 2013
Sold by
Tran Hong
Bought by
Tran Hung T and Tran Diana T

Purchase Details

Listed on
Jul 30, 2013
Closed on
Aug 27, 2013
Sold by
Martinez Julia
Bought by
Tran Hong
Seller's Agent
Shelly Berry
RE/MAX Fine Properties
Buyer's Agent
Shelly Berry
RE/MAX Fine Properties
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.04%

Purchase Details

Listed on
Jul 30, 2013
Closed on
Aug 26, 2013
Sold by
Martinez Enrique
Bought by
Martinez Julia
Seller's Agent
Shelly Berry
RE/MAX Fine Properties
Buyer's Agent
Shelly Berry
RE/MAX Fine Properties
List Price
$69,900
Sold Price
$69,900

Purchase Details

Closed on
May 1, 2009
Sold by
U S Bank National Association
Bought by
Martinez Enrique and Martinez Julia

Purchase Details

Closed on
Dec 10, 2008
Sold by
Navarette Reynaldo
Bought by
U S Bank National Association

Purchase Details

Closed on
Aug 21, 2006
Sold by
Larson Robert and Larson Cheryl
Bought by
Navarrete Reynaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
9.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2005
Sold by
A-1 Direct Services Llc
Bought by
Larson Robert and Larson Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 1, 2001
Sold by
Shannon Galway Corp
Bought by
A-1 Direct Services Llc
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
Mendes Family Trust -- Driggs Title Agency
Mendes Family Trust -- Driggs Title Agency
Mendes Anthony $410,000 Security Title Agency Inc
Clutch Investments Llc $190,000 Security Title Agency Inc
Rapha Llc -- None Available
Tran Hung T $70,557 None Available
Tran Hong $69,900 Security Title Agency
Martinez Julia -- Security Title Agency
Martinez Enrique $66,000 Accommodation
U S Bank National Association $149,286 None Available
Navarrete Reynaldo $192,000 Lawyers Title Insurance Corp
Larson Robert $150,000 Security Title Agency Inc
A-1 Direct Services Llc $60,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendes Family Trust $325,500
Closed Mendes Family Trust $325,500
Previous Owner Mendes Anthony $301,500
Previous Owner Clutch Investments Llc $162,000
Previous Owner Navarrete Reynaldo $182,400
Previous Owner Larson Robert $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $410,000 +2.5% $259 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $399,900 +472.1% $252 / Sq Ft
09/04/2013 09/04/13 Sold $69,900 0.0% $44 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $69,900 -- $44 / 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 $1,053 $7,333 -- --
2024 $1,059 $6,984 -- --
2023 $1,059 $25,370 $5,070 $20,300
2022 $1,042 $18,960 $3,790 $15,170
2021 $1,052 $16,530 $3,300 $13,230
2020 $1,011 $14,170 $2,830 $11,340
2019 $999 $11,770 $2,350 $9,420
2018 $922 $9,250 $1,850 $7,400
2017 $910 $9,050 $1,810 $7,240
2016 $872 $7,570 $1,510 $6,060
2015 $825 $6,370 $1,270 $5,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6195271

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-29-001B