NOT LISTED FOR SALE

Estimated Value: $349,000 - $673,000

-- Bed
1 Bath
500 Sq Ft
$1,005/Sq Ft Est. Value

Last Sold October 12, 2015

Last sale price $149,000 $298 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $2,692/month

13 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of October 2015

wonderfull location

Last Agent to Sell the Property

James Hill

West USA Realty License #SA116827000 Listed on: 09/10/2015

West USA Realty

Last Buyer's Agent

James Hill

West USA Realty License #SA116827000 Listed on: 09/10/2015

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1956

Lot Details

  • 8,233

Home Design

  • Wood Frame Construction
  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot 18
  • Assessor Parcel Number 116-01-060

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Building Dimensions are 8300
  • Aviation Homesites Subdivision

Building Details

  • Operating Expense $9,500
  • Gross Income $40,979,500
  • Net Operating Income $10,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$900

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: Polk 24th st
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: r-4
  • Number Of Buildings: 3
  • Year Built: 1956
  • Tax Year: 2014
  • Road Surface Type: Gravel, Dirt
  • Professional Management Expense: 1800.0
  • Subdivision Name: Aviation Homesites
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Block, Frame - Wood
  • Roof: See Remarks, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction: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:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 1000.0
  • Annual Water Sewer Expense: 1800.0

Lot Info

  • Lot Size: 8300
  • Additional Parcels: No
  • Parcel #: 116-01-060

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 5
  • Electric Expense: 600.0
  • Annual Gross Income: 40979500.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 10400.0
  • Annual Operating Expense: 9500.0
  • Vacancy Allowance Rate: 2000.0

Tax Info

  • Tax Annual Amount: 900.0
  • Tax Book Number: 116.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2021
Sold by
Fierro Sergio and Fierro Lorena
Bought by
Fierro Sergio and Fierro Lorena
Current Estimated Value
$502,542

Purchase Details

Listed on
Sep 10, 2015
Closed on
Oct 7, 2015
Sold by
Dempsey James W
Bought by
Fierro Sergio and Fierro Lorena
Seller's Agent
James Hill
West USA Realty
Buyer's Agent
James Hill
West USA Realty
List Price
$149,000
Sold Price
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%

Purchase Details

Closed on
Nov 15, 2012
Sold by
J & J Real Estates Holdings Llc
Bought by
Dempsey James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
J & J Real Estate Holdings Llc

Purchase Details

Closed on
Oct 8, 2010
Sold by
Mcnaughton Harold D and Mcnaughton Deborah L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 8, 2008
Sold by
Mcnaughton Harold D and Mcnaughton Deborah L
Bought by
Mcnaughton Harold D and Mcnaughton Deborah L

Purchase Details

Closed on
Sep 26, 2005
Sold by
Kordon John and Kordon James
Bought by
Mcnaughton Harold D and Mcnaughton Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2000
Sold by
Hollister Richard C
Bought by
Kordon John and Kordon James

Purchase Details

Closed on
Oct 3, 2000
Sold by
Kordon Karen
Bought by
Kordon James
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
Fierro Sergio -- None Available
Fierro Sergio $126,000 Lawyers Title Of Arizona Inc
Dempsey James W $100,000 Stewart Title & Trust Of Pho
J & J Real Estate Holdings Llc -- None Available
Federal Home Loan Mortgage Corporation $88,698 Security Title Agency
Mcnaughton Harold D -- None Available
Mcnaughton Harold D -- Transnation Title
Kordon John $75,000 First American Title
Kordon James -- First American Title
Kordon John -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dempsey James W $75,000
Previous Owner Mcnaughton Harold D $160,800
Closed Mcnaughton Harold D $30,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2015 10/12/15 Sold $149,000 0.0% $298 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $149,000 -- $298 / 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 $711 $5,101 -- --
2024 $668 $4,858 -- --
2023 $668 $28,120 $5,620 $22,500
2022 $630 $20,030 $4,000 $16,030
2021 $639 $17,170 $3,430 $13,740
2020 $636 $14,410 $2,880 $11,530
2019 $634 $11,730 $2,340 $9,390
2018 $626 $9,520 $1,900 $7,620
2017 $582 $8,800 $1,760 $7,040
2016 $596 $6,500 $1,300 $5,200
2015 $553 $5,310 $1,060 $4,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5332173

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-01-060