NOT LISTED FOR SALE

Estimated Value: $398,000 - $565,994

8 Beds
-- Bath
1,440 Sq Ft
$355/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $315,000 $219 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,749/month

22 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of December 2020

Double duplex listing (two buildings, four 2BR units)! Pleasantly picturesque with cute curb appeal – these duplexes, enveloped by blooming greens and ivy plants, boast ample parking and outdoor seating reminiscent of a garden courtyard. Large, scenic tree in side yard with swing offers shaded entertainment for children. Great investment opportunity. 3 out of 4 units currently occupied.

Last Agent to Sell the Property

Delbert Rounds

RE/MAX Fine Properties License #SA104553000 Listed on: 10/11/2020

RE/MAX Fine Properties

Co-Listed By

Eric Nyquist

My Home Group Real Estate License #SA563485000

Last Buyer's Agent

Alexandra Pfannenstiel

eXp Realty License #BR671778000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,032

Year Built

  • Built in 1955

Lot Details

  • 0.33

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 18
  • Assessor Parcel Number 116-04-075

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 144X100

Building Details

  • Operating Expense $1,032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,032

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 24th St & 202 FWY
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 2
  • Year Built: 1955
  • Tax Year: 2020
  • Road Surface Type: Concrete
  • Co List Office Mls Id: rmfp03
  • Co List Office Phone: 480-792-9500
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Lot Info

  • Lot Size: 144X100
  • Additional Parcels: No
  • Parcel #: 116-04-075

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Operating Expense: 1032.0

Tax Info

  • Tax Annual Amount: 1032.0
  • Tax Book Number: 116.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2021
Sold by
Pfannenstiel Brandon and Pfannenstiel Alexandra Marie
Bought by
Portland Four Plex
Current Estimated Value
$511,249

Purchase Details

Closed on
Apr 5, 2021
Sold by
Ab Rental Holdings Llc
Bought by
Pfannenstiel Brandon Ryan and Pfannenstiel Alexandra Marie

Purchase Details

Listed on
Oct 11, 2020
Closed on
Dec 8, 2020
Sold by
Umale Victoria and Tabujara Oscar
Bought by
Ab Rental Holdings Llc
Seller's Agent
Delbert Rounds
RE/MAX Fine Properties
Buyer's Agent
Alexandra Pfannenstiel
eXp Realty
List Price
$375,000
Sold Price
$315,000
Premium/Discount to List
-$60,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$350,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Crown John R and Crown Claudia
Bought by
Umale Victoria and Tabujara Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.16%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 3, 2004
Sold by
Mckinley Ballenger Wade and Mckinley Mary Kathryn
Bought by
Crown John R and Crown Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,450
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2003
Sold by
Saunders Ronald O and Saunders Frances
Bought by
Mckinley Ballenger Wade and Mckinley Mary Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2001
Sold by
Curtis David W and Curtis Esther K
Bought by
Saunders Ronald O and Saunders Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
9.75%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Portland Four Plex -- Pioneer Title Agency
W Ivygenn Llc -- None Available
Pfannenstiel Brandon Ryan -- Pioneer Title Agency Inc
Ab Rental Holdings Llc $315,000 Pioneer Title
Umale Victoria $280,000 Guaranty Title Agency
Crown John R $234,900 Equity Title Agency Inc
Mckinley Ballenger Wade $155,000 Chicago Title Insurance Co
Saunders Ronald O $90,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ab Rental Holdings Llc $350,000
Previous Owner Umale Victoria $220,000
Previous Owner Crown John R $171,450
Previous Owner Mckinley Ballenger Wade $124,000
Previous Owner Saunders Ronald O $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2020 12/10/20 Sold $315,000 -16.0% $219 / Sq Ft
11/05/2020 11/05/20 For Sale $375,000 0.0% $260 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/11/2020 10/11/20 For Sale $375,000 -- $260 / 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 $1,130 $8,368 -- --
2024 $1,075 $7,969 -- --
2023 $1,075 $38,610 $7,720 $30,890
2022 $1,033 $27,970 $5,590 $22,380
2021 $1,058 $25,100 $5,020 $20,080
2020 $1,032 $20,970 $4,190 $16,780
2019 $1,025 $16,780 $3,350 $13,430
2018 $1,004 $13,570 $2,710 $10,860
2017 $965 $12,620 $2,520 $10,100
2016 $928 $10,010 $2,000 $8,010
2015 $863 $8,750 $1,750 $7,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6145335

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-04-075