NOT LISTED FOR SALE

218 W 8th St Casa Grande, AZ 85122

2 Beds
1 Bath
672 Sq Ft
6,970 Sq Ft Lot

Last Sold October 31, 2017

Last sale price $130,000 $193 Per Sq Ft

126 Days on Market

About This Home

As of October 2017

WOW! OWN THIS PLACE WITH VERY LITTLE DOWN WITH EASY FINANCING. YOU COULD LIVE IN THE HOUSE UP FRONT AND RENT OUT THE DUPLEX IN BACK AND IT PAYS YOUR MORTGAGE. RENTS ARE WAY BELOW THE MARKET. MUST SEE!!

THIS LISTING FEATURES A SINGLE FAMILY HOME WITH A DUPLEX IN BACK. THE SINGLE FAMILY HOME IS A 2 BED, 1 BATH AND RECEIVES $550 A MONTH (month to month tenant). THE DUPLEX - EACH UNIT IS A STUDIO AND RECEIVES $375 A MONTH. 100% OCCUPIED WITH MONTH TO MONTH TENANTS. ALL 3 HAVE WINDOW A/C UNITS. THEY ARE ALL INDIVIDUALLY METERED FOR ELECTRIC, WATER AND GAS.

**NEW ROOFS, PLUMBING LINES, GAS LINES, NEW SEWER MAIN. ALL UNITS ARE SEPARATELY METERED FOR- WATER, ELECTRIC, GAS (PAID BY TENANTS). LANDLORD PAYS TRASH, SEWER.

DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Laura Good

Better Homes & Gardens Real Estate SJ Fowler License #SA639563000 Listed on: 05/16/2017

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Daniela Rubio

Better Homes & Gardens Real Estate SJ Fowler License #SA662518000

Last Buyer's Agent

Richard Ashby

Ashby Realty Group, LLC License #BR516075000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $631

Year Built

  • Built in 1959

Lot Details

  • 6,970

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Saguaro Elementary School
  • Casa Grande Middle School
  • Casa Grande Union High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for water, cable TV
  • The owner pays for trash collection, sewer
  • Legal Lot and Block 8 / 7
  • Assessor Parcel Number 506-07-071

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 49.96 X 140.54 X 49.96 X 140.54
  • First Addition To C.G. Subdivision

Building Details

  • Operating Expense $2,059
  • Gross Income $14,820
  • Net Operating Income $12,942

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$631

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: AZ-387 NORTH AND 8TH ST.
  • Legal Info Range: 06E
  • Property Type: Multiple Dwellings
  • Zoning: GENERAL RURAL
  • Number Of Buildings: 2
  • Year Built: 1959
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: FIRST ADDITION TO C.G.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Wall/Window Unit(s)
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Saguaro Elementary School
  • High School: Casa Grande Union High School
  • Middle Or Junior School: Casa Grande Middle School

Lot Info

  • Lot Size: 49.96 X 140.54 X 49.96 X 140.54
  • Additional Parcels: No
  • Parcel #: 506-07-071

Multi Family

  • Owner Pays: Trash Collection, Sewer
  • Tenant Pays: Water, Cable TV
  • Number Of Units Total: 3
  • Electric Expense: 620.88
  • Annual Gross Income: 14820.0
  • Insurance Expense: 807.0
  • Property Net Operating Income: 12942.0
  • Annual Operating Expense: 2058.88
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 631.0
  • Tax Block: 7
  • Tax Book Number: 506.00
  • Tax Lot: 8

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $130,000 -7.1% $193 / Sq Ft
05/16/2017 05/16/17 For Sale $139,900 -- $208 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Laura Good

    Seller's Agent in 2017

    Laura Good

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 649-3536

    3 in this area

    42 Total Sales

    Laura Good
    Section Image
  • Daniela Rubio

    Seller Co-Listing Agent in 2017

    Daniela Rubio

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 334-7775

    4 in this area

    58 Total Sales

    Daniela Rubio
    Section Image

  • R

    Buyer's Agent in 2017

    Richard Ashby

    Ashby Realty Group, LLC

    (602) 330-4664

    1 in this area

    132 Total Sales

    Richard Ashby
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5606020

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Pinal County Casa Grande 85122

218 W 8th St, Casa Grande, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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