NOT LISTED FOR SALE

Estimated Value: $463,000 - $1,145,689

-- Bed
2 Baths
1,850 Sq Ft
$360/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $342,000 $185 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,773/month

6 Days on Market

Highlights

  • RV or Boat Parking
  • Central Air
  • Heating System Uses Natural Gas
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of January 2021

Very well maintained Red brick duplex in Sam Hughes just three blocks to the U of A. Large floor plans with eat in kitchens, central AC with gas heating. Floor plans include one 3/1 unit and one 2/1 unit with shared laundry. Detached two car garage with four additional off street parking spaces off the alley. No need for parking permits. The 3/1 one unit is leased through July of 2020. The 2/1 unit is vacant and rent ready and has just been completely remodeled to include: New kitchen and bath, ceramic and plank vinyl flooring, front and rears doors, paint, window coverings and plumbing and electrical fixtures. Marketing brochure is under documents tab.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 10/28/2020

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 1953

Lot Details

  • 7,623

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces
  • Paved Parking
  • RV or Boat Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 3 / 009
  • Assessor Parcel Number 125-04-125

Community Details

Overview

  • 2 Units
  • Building Dimensions are 52x152
  • Speedway Heights Subdivision

Building Details

  • Operating Expense $7,253
  • Gross Income $27,048
  • Net Operating Income $19,795

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,683

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: Speedway & Campbell
  • Legal Info Range: 14
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1953
  • Tax Year: 2018
  • Directions: Speedway and Campbell, east one block to Norris, south to 1st Street, east 1/2 block to the property
  • Road Surface Type: Asphalt
  • Subdivision Name: Speedway Heights
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking, RV/Boat Parking, >1 Space Per Unit
  • 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
  • Garage Details: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: City Electric
  • Cooling: Ceiling Fan(s), Central A/C
  • 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

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1825.0

Lot Info

  • Lot Size: 52x152
  • Additional Parcels: No
  • Parcel #: 125-04-125

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 27048.0
  • Insurance Expense: 745.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 19795.0
  • Annual Operating Expense: 7253.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 2683.0
  • Tax Block: 009
  • Tax Book Number: 125.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2025
Sold by
Gorton Michael Edward and Keffer Julia Katherine
Bought by
Mallorn Investments Llc
Current Estimated Value
$666,672

Purchase Details

Closed on
Jul 15, 2005
Sold by
Fahnhorst Guy W and Fahnhorst Beth
Bought by
Fahnhorst Investments Llc

Purchase Details

Closed on
Mar 22, 2005
Sold by
Fahnhorst Guy W
Bought by
Fahnhorst Guy W and Fahnhorst Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 8, 2005
Sold by
Savage Neal and Medwied Marilyn
Bought by
Fahnhorst Guy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 3, 2005
Sold by
Fahnhorst Beth
Bought by
Fahnhorst Guy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 24, 2003
Sold by
Flannery Alberta
Bought by
Savage Neal and Medwied Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2000
Sold by
Flannery Alberta
Bought by
Flannery Alberta

Purchase Details

Closed on
Aug 13, 1998
Sold by
Doran Kamela N
Bought by
Flannery Alberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,050
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 1995
Sold by
Fassler Herbert
Bought by
Doran Kamela N and Patzman John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back
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
Mallorn Investments Llc -- None Listed On Document
Fahnhorst Investments Llc -- --
Fahnhorst Guy W -- --
Fahnhorst Guy W $235,000 --
Fahnhorst Guy W $235,000 --
Fahnhorst Guy W -- --
Fahnhorst Guy W -- --
Savage Neal $190,000 --
Savage Neal $190,000 --
Flannery Alberta -- --
Flannery Alberta $160,100 --
Doran Kamela N $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fahnhorst Guy W $176,250
Previous Owner Savage Neal $152,000
Previous Owner Flannery Alberta $144,050
Previous Owner Doran Kamela N $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $342,000 0.0% $185 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $342,000 -- $185 / 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 $2,867 $23,971 -- --
2024 $2,867 $22,829 -- --
2023 $2,867 $21,742 -- --
2022 $2,884 $20,707 $0 $0
2021 $2,867 $18,782 $0 $0
2020 $2,780 $24,415 $0 $0
2019 $2,743 $22,973 $0 $0
2018 $2,684 $16,224 $0 $0
2017 $2,668 $16,224 $0 $0
2016 $2,596 $15,452 $0 $0
2015 $2,497 $14,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6153248

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-04-1250