NOT LISTED FOR SALE

Estimated Value: $314,000 - $611,000

-- Bed
-- Bath
1,106 Sq Ft
$374/Sq Ft Est. Value

Last Sold November 04, 2014

Last sale price $58,000 $52 Per Sq Ft

Est. 613% increase in value since last sale

Current estimated payment $2,253/month

262 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of November 2014

NEW PRICE - lowest priced DUPLEX in the area - Needs some work but the income potential is HUGE!!!! Check this one out today. Receivership Asset. Sold ''as is'' and ''where is'' with no seller representations or warranties expressed or implied. All sales are subject to Court approval. No SPDS or CLUE available.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 02/03/2014

Co-Listed By

Susan Carroll-Hamblen

Century 21 Arizona Foothills License #BR073453000

Last Buyer's Agent

John Johnson

Firefly Real Estate LLC License #SA651799000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $335

Year Built

  • Built in 1997

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stone Exterior Construction

Flooring

  • Ceramic Tile Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Over 1 Space Per Unit
  • Free Parking
  • On-Street Parking

Schools

  • Creighton Elementary School
  • Excelencia Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 116-03-055

Community Details

Overview

  • 2 Units
  • Building Dimensions are 117x52

Building Details

  • Operating Expense $335

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$335

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Cross Street: 24th St & Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MH
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1997
  • Tax Year: 2013
  • Directions: South to Garfield St, West to 21st Place, South to Pierce St, East on Pierce St
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stone
  • Roof: Composition

Garage/Parking

  • Parking Features: Free, >1 Space Per Unit, On Street
  • Attached Garage: No
  • 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 Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Creighton Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Excelencia School

Lot Info

  • Lot Size: 117x52
  • Additional Parcels: No
  • Parcel #: 116-03-055

Multi Family

  • Owner Pays: Other, See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 335.0

Tax Info

  • Tax Annual Amount: 335.0
  • Tax Book Number: 116.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
Oct 6, 2014
Sold by
Karlsson Ventures Nordic Llc
Bought by
Baur David
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
John Johnson
Firefly Real Estate LLC
List Price
$95,000
Sold Price
$58,000
Premium/Discount to List
-$37,000
-38.95%
Current Estimated Value
$413,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,608
Avg. Annual Appreciation
19.69%
Original Mortgage
$43,500
Outstanding Balance
$33,435
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$380,173

Purchase Details

Closed on
Feb 26, 2008
Sold by
Rapaport Michael L and Rapaport Karen F
Bought by
Karlsson Ventures Nordic Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2005
Sold by
Amerine Jim R and Blue Keith A
Bought by
Rapaport Michael L and Rapaport Karen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2005
Sold by
Staven Kurtis
Bought by
Rapaport Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 1998
Sold by
Blue Mechelle
Bought by
Blue Keith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.71%
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
Baur David $58,000 Grand Canyon Title Agency
Karlsson Ventures Nordic Llc $98,000 Empire Title Agency Of Arizo
Rapaport Michael L $112,000 --
Rapaport Karen -- --
Blue Keith A -- Capital Title Agency
Amerine Jim R -- Capital Title Agency
Amerine Jim R -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baur David $43,500
Previous Owner Karlsson Ventures Nordic Llc $97,200
Previous Owner Rapaport Michael L $77,000
Previous Owner Amerine Jim R $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2014 11/04/14 Sold $58,000 -38.9% $52 / Sq Ft
10/23/2014 10/23/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $95,000 -- $86 / 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 $616 $4,742 -- --
2024 $609 $4,516 -- --
2023 $609 $19,520 $3,900 $15,620
2022 $585 $14,120 $2,820 $11,300
2021 $600 $12,570 $2,510 $10,060
2020 $585 $10,860 $2,170 $8,690
2019 $581 $8,730 $1,740 $6,990
2018 $569 $7,830 $1,560 $6,270
2017 $547 $6,810 $1,360 $5,450
2016 $526 $5,330 $1,060 $4,270
2015 $489 $4,420 $880 $3,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5063887

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-03-055