NOT LISTED FOR SALE

220 4th Ave E Buckeye, AZ 85326

Estimated Value: $380,000 - $503,000

2 Beds
4 Baths
2,000 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $500,000 $250 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $2,477/month

4 Days on Market

About This Home

As of June 2023

Brand new duplex waiting for you! It's move-in ready and spotless clean from ceiling to floor. Whether you're house hacking or looking for an investment, this property is great. Your new kitchen comes with tile backsplash, island, wood countertops, recessed lighting, stainless steel appliances, and contemporary cabinets. Clean slate in the front & back yards so you can landscape however you can imagine! Spacious bedrooms. Wood-like tile flooring throughout. Don't miss out on this beauty; you won't be disappointed. Both units are now occupied (see proforma).

Last Agent to Sell the Property

Steele Nash

eXp Realty License #SA699499000 Listed on: 05/08/2023

eXp Realty

Co-Listed By

Ruben Luna

eXp Realty License #SA558959000

Last Buyer's Agent

Maulana Harrod

DeLex Realty License #SA658150000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $287

Year Built

  • Built in 2022

Lot Details

  • 8,015

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking

Schools

  • Buckeye Elementary School
  • Buckeye Union High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • The owner pays for water
  • Legal Lot and Block 10 / 31
  • Assessor Parcel Number 504-52-023

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8014 SQ FT
  • Valencia Subdivision

Building Details

  • Operating Expense $1,487
  • Gross Income $39,900
  • Net Operating Income $38,413

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$287

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Cross Street: MC 85 & Baseline
  • Legal Info Range: 3W
  • Property Type: Multiple Dwellings
  • Zoning: [M-H] 2,499sqft
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2022
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: azreg03
  • Co List Office Phone: 602-456-7600
  • Subdivision Name: VALENCIA
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Perc Test
  • Construction Type: Other, Wood Frame, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Buckeye Elementary School
  • High School: Buckeye Union High School
  • Junior High Dist: Buckeye Union High School District
  • Middle Or Junior School: Buckeye Elementary School

Lot Info

  • Lot Size: 8014 SQ FT
  • Additional Parcels: No
  • Parcel #: 504-52-023

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 2
  • Annual Gross Income: 39900.0
  • Property Net Operating Income: 38413.0
  • Annual Operating Expense: 1487.0

Tax Info

  • Tax Annual Amount: 287.0
  • Tax Block: 31
  • Tax Book Number: 504.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jun 2, 2023
Sold by
Montelongo Stephanno Salazar
Bought by
Telesford Shawn and Beneby Deshan
Seller's Agent
Steele Nash
eXp Realty
Buyer's Agent
Maulana Harrod
DeLex Realty
List Price
$500,000
Sold Price
$500,000
Views
10
Current Estimated Value
$430,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,085
Avg. Annual Appreciation
-4.70%
Original Mortgage
$490,943
Outstanding Balance
$477,815
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
-$35,803

Purchase Details

Closed on
Aug 18, 2021
Sold by
Randels Hidden Acres Hideway Llc
Bought by
Montelongo Stephanno Salazar and Albahrani Feras Ameer

Purchase Details

Closed on
Oct 26, 2006
Sold by
Randel John Jeffrey and Randel Pamela K
Bought by
Randels Hidden Acres Hideaway Llc

Purchase Details

Closed on
Aug 18, 2000
Sold by
Greer Gary W and Greer Linda J
Bought by
Randel John and Randel Pamela K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Telesford Shawn $500,000 Security Title Agency
Montelongo Stephanno Salazar $65,000 Driggs Title Agency Inc
Randels Hidden Acres Hideaway Llc -- None Available
Randel John $7,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Telesford Shawn $490,943
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2023 06/05/23 Sold $500,000 0.0% $250 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $500,000 -- $250 / 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 $2,628 $18,855 -- --
2024 $291 $17,957 -- --
2023 $291 $6,615 $6,615 $0
2022 $287 $4,065 $4,065 $0
2021 $292 $3,180 $3,180 $0
2020 $278 $3,030 $3,030 $0
2019 $275 $1,860 $1,860 $0
2018 $243 $1,815 $1,815 $0
2017 $229 $1,905 $1,905 $0
2016 $224 $1,575 $1,575 $0
2015 $224 $2,112 $2,112 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6553149

Arizona Regional Multiple Listing Service (ARMLS)

APN: 504-52-023