NOT LISTED FOR SALE

Estimated Value: $251,944 - $680,000

1 Bed
-- Bath
1,921 Sq Ft
$246/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $146,000 $76 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $2,575/month

6 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of March 2018

Triplex. Two 1 bedroom 1 bath units and one 2 bedroom 1 bath unit with eat-in Kitchen and a yard. Units are pretty much original. Unit #1 has a newer AC unit. Gross Rents are $1450 a month. Individually metered electric.
All Leases are month to month.
DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Christopher Paul

Realty ONE Group License #BR526805000 Listed on: 02/28/2018

Realty ONE Group

Co-Listed By

Connor Paul

Realty ONE Group License #BR659583000

Last Buyer's Agent

Davee Jacobs

West USA Realty License #SA627760000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $658

Year Built

  • Built in 1958

Lot Details

  • 6,055

Home Design

  • Composition Roof

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Schools

  • Creighton Elementary School
  • Phoenix Union Cyber High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water, sewer
  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 116-03-052

Community Details

Overview

  • 3 Units
  • Building Dimensions are 52.58 x 115.37
  • Linda Vista Subdivision

Building Details

  • Operating Expense $5,023
  • Net Operating Income $11,333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$658

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Roosevelt & 24th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R4 Multi Family
  • Number Of Buildings: 1
  • Year Built: 1958
  • Tax Year: 2017
  • Directions: East on Roosevelt to 21st Place. South on 21st Place to McKinley. East on McKinley to Property on South Side of Street.
  • Road Surface Type: Alley
  • Co List Office Mls Id: reog08
  • Co List Office Phone: 602-953-4000
  • Subdivision Name: LINDA VISTA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Street Parking: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Submetered System
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: Phoenix Union Cyber High School
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 52.58 x 115.37
  • Additional Parcels: No
  • Parcel #: 116-03-052

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 3
  • Insurance Expense: 1365.0
  • Property Net Operating Income: 11333.0
  • Annual Operating Expense: 5023.0
  • Vacancy Allowance Rate: 0.06

Tax Info

  • Tax Annual Amount: 658.0
  • Tax Block: 1
  • Tax Book Number: 116.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Mar 5, 2018
Sold by
Mercado Luz
Bought by
Ramachandran Unnikrishnan
Seller's Agent
Christopher Paul
Realty ONE Group
Buyer's Agent
Davee Jacobs
West USA Realty
List Price
$145,000
Sold Price
$146,000
Premium/Discount to List
$1,000
0.69%
Current Estimated Value
$472,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,236
Avg. Annual Appreciation
16.80%

Purchase Details

Closed on
Apr 24, 1979
Sold by
Castro Gualbert and Castro Nadiya
Bought by
Jackson M Kyle and Jackson Nancy J

Purchase Details

Closed on
Dec 5, 1977
Sold by
Monroe Charles M and Monroe Susan E
Bought by
Castro Gualbert and Castro Nadiya
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
Ramachandran Unnikrishnan $146,000 Empire West Title Agency Llc
Jackson M Kyle -- --
Castro Gualbert -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2018 03/19/18 Sold $146,000 +0.7% $76 / Sq Ft
03/04/2018 03/04/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $145,000 -- $75 / 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 $741 $5,700 -- --
2024 $732 $5,428 -- --
2023 $732 $26,460 $5,290 $21,170
2022 $704 $19,520 $3,900 $15,620
2021 $721 $17,310 $3,460 $13,850
2020 $703 $14,550 $2,910 $11,640
2019 $698 $11,800 $2,360 $9,440
2018 $684 $10,430 $2,080 $8,350
2017 $658 $9,120 $1,820 $7,300
2016 $632 $7,070 $1,410 $5,660
2015 $588 $6,170 $1,230 $4,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5729281

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-03-052