NOT LISTED FOR SALE

Estimated Value: $518,000 - $630,000

1 Bed
-- Bath
1,362 Sq Ft
$412/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $122,500 $90 Per Sq Ft

Est. 358% increase in value since last sale

Current estimated payment $3,263/month

52 Days on Market

Highlights

  • RV or Boat Parking
  • Central Air
  • Heating Available
  • Emerson Elementary School Rated 9+
  • Concrete Flooring

About This Home

As of August 2013

**THESE DON'T COME UP OFTEN!!!** This upgraded duplex is in the heart of the Coronado Historic District with updated plumbing, updated electrical, dual pane windows and appliances. Both units are open one bed and one bath with with walk in closets. Updated kitchen and an interior laundry in each unit. Extremely low maintenance duplex with plenty of parking for tenants. Perfect for the owner who wants to live in one side and rent the other in Historic Coronado!!!

Last Agent to Sell the Property

Timothy Stamos

The New Home Company License #BR101551000 Listed on: 06/14/2013

Last Buyer's Agent

Chad Vice

HomeSmart License #SA551681000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 1958

Lot Details

  • 6,490

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Free Parking
  • RV or Boat Parking

Schools

  • Emerson Elementary School
  • North High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 18
  • Assessor Parcel Number 117-26-068

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6,500
  • Coronado Historic Subdivision

Building Details

  • Gross Income $14,400
  • Net Operating Income $11,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,195

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 7th st / Thomas
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2012
  • Directions: 7th st / Thomas Directions: South on 7th St from Thomas. Head east (turn left) on Oak towards 10th St. Head south (turn right) on 10th st to property.
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: Coronado Historic
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Concrete
  • Appliances: Other (See Remarks), BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Free, RV/Boat Parking, Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • 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:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Electric
  • 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

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes

Fee Information

  • Annual Water Sewer Expense: 850.0

Schools

  • Elementary School: Emerson Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6,500
  • Additional Parcels: No
  • Parcel #: 117-26-068

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0
  • Insurance Expense: 650.0
  • Maintenance Expense: 900.0
  • Property Net Operating Income: 11400.0

Tax Info

  • Tax Annual Amount: 1195.0
  • Tax Book Number: 117.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2013
Closed on
Aug 30, 2013
Sold by
Sso 10Th Street Llc
Bought by
M & K Fitz Investments Llc
Seller's Agent
Timothy Stamos
The New Home Company
Buyer's Agent
Chad Vice
HomeSmart
List Price
$149,900
Sold Price
$122,500
Premium/Discount to List
-$27,400
-18.28%
Current Estimated Value
$561,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,881
Avg. Annual Appreciation
13.38%
Original Mortgage
$79,625
Outstanding Balance
$60,365
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$488,193

Purchase Details

Closed on
Dec 20, 2011
Sold by
Pitts Patricia A
Bought by
Sso 10Th Street Llc

Purchase Details

Closed on
May 8, 2009
Sold by
Zee Revocable Trust
Bought by
Dowd Pitts Patricia

Purchase Details

Closed on
May 6, 2008
Sold by
Pittstop Properties Inc
Bought by
Zee Revocable Trust

Purchase Details

Closed on
Sep 10, 2007
Sold by
Dowd Pitts Patricia A
Bought by
Pittstop Properties Inc

Purchase Details

Closed on
Mar 20, 2006
Sold by
Pitts Jason L
Bought by
Dowd Pitts Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 9, 2005
Sold by
Dowd Pitts Patricia
Bought by
Pitts Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 8, 2005
Sold by
Advantage Associates Ii
Bought by
Pitts Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.31%
Mortgage Type
Unknown
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
M & K Fitz Investments Llc $122,500 American Title Service Agenc
Sso 10Th Street Llc $57,400 None Available
Dowd Pitts Patricia -- None Available
Zee Revocable Trust -- None Available
Pittstop Properties Inc -- None Available
Dowd Pitts Patricia -- None Available
Pitts Jason -- --
Pitts Jason $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & K Fitz Investments Llc $79,625
Previous Owner Pitts Patricia A $185,000
Previous Owner Dowd Pitts Patricia $132,500
Previous Owner Pitts Jason $35,000
Previous Owner Pitts Jason $132,500
Previous Owner Pitts Jason $132,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $122,500 -18.3% $90 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $149,900 -- $110 / 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 $1,950 $14,585 -- --
2024 $1,932 $13,891 -- --
2023 $1,932 $44,160 $8,830 $35,330
2022 $1,863 $32,820 $6,560 $26,260
2021 $1,849 $29,610 $5,920 $23,690
2020 $1,870 $23,710 $4,740 $18,970
2019 $1,867 $20,730 $4,140 $16,590
2018 $1,835 $18,260 $3,650 $14,610
2017 $1,793 $16,210 $3,240 $12,970
2016 $1,741 $14,000 $2,800 $11,200
2015 $1,611 $14,480 $2,890 $11,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4952781

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-26-068