NOT LISTED FOR SALE

Estimated Value: $506,000 - $606,000

2 Beds
-- Bath
2,004 Sq Ft
$286/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $490,000 $245 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,313/month

3 Days on Market

Highlights

  • 3 Car Attached Garage
  • Cooling Available
  • Carpet
  • Phoenix Coding Academy Rated A
  • Ceiling Fan
  • Heating System Uses Natural Gas

About This Home

As of February 2022

Great investment property, in a desirable location. One unit has a newer AC, both units are leased one to April 2022, the second unit is leased up to September 2023. Buyer to verify all information. Property is being sold ''AS IS'' Please do not disturb tenants.

Last Listed By

MARIA RAMOS

GPS AZ Real Estate License #SA632589000 Listed on: 01/14/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,453

Year Built

  • Built in 1952

Lot Details

  • 7,318

Home Design

  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Parking

  • 3 Car Attached Garage
  • 1 Open Parking Space

Schools

  • Loma Linda Elementary School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • The owner pays for water, sewer, landscaping
  • Tax Lot 6
  • Assessor Parcel Number 119-23-006-0

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7324
  • Olive Manors Subdivision

Building Details

  • Operating Expense $1,453

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,453

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: Osborn and 21st Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: 0
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1952
  • Tax Year: 2021
  • Directions: From 24th St. and Osborn, go West on Osborn to address.
  • Road Frontage Type: Alley
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: Olive Manors
  • Tax Parcel Letter: 0
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Built-In Range, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Attached, 1 Space/Unit
  • Attached Garage: Yes
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 2.5
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features:Attached: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Drapes2: Yes

Schools

  • Elementary School: Loma Linda Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Loma Linda Elementary School

Lot Info

  • Lot Size: 7324
  • Additional Parcels: No
  • Parcel #: 119-23-006-0

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Annual Operating Expense: 1453.0

Tax Info

  • Tax Annual Amount: 1453.0
  • Tax Book Number: 119.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Mar 23, 2022
Sold by
Eugene Leung
Bought by
A2e2 Llc
Seller's Agent
MARIA RAMOS
GPS AZ Real Estate
Buyer's Agent
Justin Miller
Platinum Living Realty
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Total Days on Market
3
Current Estimated Value
$572,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,248
Avg. Annual Appreciation
4.86%
Original Mortgage
$367,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2022
Closed on
Feb 10, 2022
Sold by
Dougan Stephen J and Dougan Jodi L
Bought by
Leung Eugene
Seller's Agent
MARIA RAMOS
GPS AZ Real Estate
Buyer's Agent
Justin Miller
Platinum Living Realty
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2019
Sold by
Dougan Stephen J
Bought by
Dougan Stephen J and Dougan Jodi L

Purchase Details

Closed on
Sep 20, 2011
Sold by
Dimaria Gene Thomas and Dimaria Janet Marlene
Bought by
Dougan Stephen J

Purchase Details

Closed on
Jun 11, 2008
Sold by
Dimaria Gene T and Dimaria Janet M
Bought by
Dimaria Gene Thomas and Dimaria Janet Marlene

Purchase Details

Closed on
Jul 15, 1996
Sold by
Dimaria Carol L
Bought by
Dimaria Diana and Dimaria Gene T

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
A2e2 Llc -- Titus Brueckner & Levine Plc
Leung Eugene $490,000 New Title Company Name
Dougan Stephen J -- None Available
Dougan Stephen J $115,000 First American Title Ins Co
Dimaria Gene Thomas -- None Available
Dimaria Diana -- --
Dimaria Carol L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leung Eugene $367,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $490,000 -2.0% $245 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $500,000 0.0% $250 / Sq Ft
10/01/2013 10/01/13 Rented $665 0.0% --
09/20/2013 09/20/13 Under Contract -- -- --
08/07/2013 08/07/13 For Rent $665 -- --
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 $1,494 $11,489 -- --
2024 $1,476 $10,942 -- --
2023 $1,476 $44,470 $8,890 $35,580
2022 $1,419 $31,910 $6,380 $25,530
2021 $1,453 $30,220 $6,040 $24,180
2020 $1,418 $25,550 $5,110 $20,440
2019 $1,408 $20,460 $4,090 $16,370
2018 $1,379 $16,400 $3,280 $13,120
2017 $1,325 $15,630 $3,120 $12,510
2016 $1,274 $12,610 $2,520 $10,090
2015 $1,185 $11,060 $2,210 $8,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6342097

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-23-006