NOT LISTED FOR SALE

Estimated Value: $626,000 - $778,000

-- Bed
-- Bath
1,426 Sq Ft
$487/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $725,000 $508 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,808/month

34 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 4-minute walk to Kid Street Park
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of June 2024

THIS 4-PLEX IS WITHIN ONE MILE OF GRAND CANYON UNIVERSITY. A savvy investor will see the unique opportunity. Each unit is 2 bedroom, 1 bath and over 700 SF with a laundry closet. There are multiple outside areas for relaxing. This could be a true ''value add'' for the right investor. Do NOT go on the property....drive by only. No wholesalers.

Last Agent to Sell the Property

Larry Burr

ATLAS AZ, LLC License #SA684467000 Listed on: 03/11/2024

Last Buyer's Agent

Alejandro Sanchez

HomeSmart License #SA546000000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,635

Year Built

  • Built in 1960

Lot Details

  • 0.3

Home Design

  • Wood Frame Construction

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 154-14-127

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 13,068

Building Details

  • Operating Expense $7,419
  • Gross Income $54,720
  • Net Operating Income $47,301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,635

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2023
  • Directions: 19th Ave & Camelback Rd Directions: Head south on N 19th Ave, West W Campbell Ave. Property will be on the right.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3284.0
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted
  • Roof: Other

Garage/Parking

  • Parking Features: 1 Space/Unit
  • 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

Utilities

  • Electric: SRP
  • Cooling: 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

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 13,068
  • Additional Parcels: No
  • Parcel #: 154-14-127

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 54720.0
  • Insurance Expense: 2500.0
  • Property Net Operating Income: 47301.0
  • Annual Operating Expense: 7419.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1635.0
  • Tax Book Number: 154.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Jun 5, 2024
Sold by
Mowinski Dan and Mowinski Kimberly
Bought by
Balderrama Johana and Balderrama Raquel Carrillo
Seller's Agent
Larry Burr
ATLAS AZ, LLC
Buyer's Agent
Alejandro Sanchez
HomeSmart
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%
Views
33
Current Estimated Value
$694,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,415
Avg. Annual Appreciation
-3.06%
Original Mortgage
$543,750
Outstanding Balance
$538,865
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$155,720

Purchase Details

Listed on
Sep 17, 2020
Closed on
Feb 18, 2021
Sold by
Robertson Zach M and Cousimeau Michael A
Bought by
Mowinski Dan and Mowinski Kimberly
Seller's Agent
Eric Lambert
Versatile Properties
Buyer's Agent
Larry Burr
ATLAS AZ, LLC
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$448,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2019
Sold by
Tortolero Rojo Jhpbony A
Bought by
Robertson Zach M and Cousimeau Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2017
Closed on
Oct 26, 2017
Sold by
Soe Alan and Soe Alan Z
Bought by
Tortolero Rojo Jhobany A
Seller's Agent
Antonio Guerrero
RE/MAX Fine Properties
Buyer's Agent
Mike Snitz
Realty ONE Group
List Price
$262,500
Sold Price
$262,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.95%
Original Mortgage
$257,744
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 12, 2016
Closed on
Jul 20, 2016
Sold by
Soe Claire
Bought by
Soe Alan Z
Seller's Agent
Dean Sabo
Realty ONE Group
Buyer's Agent
Jenna Alvarez
Found Realty
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.21%
Original Mortgage
$157,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2016
Closed on
Jul 15, 2016
Sold by
Hermiz Alberna and Hermiz Angel
Bought by
Soe Alan and Soe Alan Z
Seller's Agent
Dean Sabo
Realty ONE Group
Buyer's Agent
Jenna Alvarez
Found Realty
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 1994
Sold by
Webley Christine
Bought by
Fraker Bonnie G
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
Balderrama Johana $725,000 Title Services Of The Valley
Mowinski Dan $650,000 First Integrity Ttl Agcy Of
Robertson Zach M $317,000 Old Republic Title Agency
Tortolero Rojo Jhobany A $262,500 Clear Title Agency Of Arizon
Soe Alan Z -- Empire West Title Agency
Soe Alan $210,000 Empire West Title Agency
Fraker Bonnie G -- Trans National Title Agency
Webley Christine -- Trans National Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balderrama Johana $543,750
Previous Owner Mowinski Dan $448,000
Previous Owner Mowinski Dan $448,000
Previous Owner Robertson Zach M $179,000
Previous Owner Tortolero Rojo Jhobany A $257,744
Previous Owner Soe Alan $157,500
Previous Owner Hermiz Alberna $62,000
Closed Fraker Bonnie G $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2024 06/05/24 Sold $725,000 -3.2% $508 / Sq Ft
03/12/2024 03/12/24 For Sale $749,000 +15.2% $525 / Sq Ft
02/23/2021 02/23/21 Sold $650,000 0.0% $456 / Sq Ft View Prior Sale
01/08/2021 01/08/21 Pending -- -- --
11/13/2020 11/13/20 Price Changed $650,000 -3.7% $456 / Sq Ft
10/27/2020 10/27/20 For Sale $675,000 0.0% $473 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $675,000 +157.1% $473 / Sq Ft
10/27/2017 10/27/17 Sold $262,500 0.0% $184 / Sq Ft View Prior Sale
10/20/2017 10/20/17 For Sale $262,500 0.0% $184 / Sq Ft
10/08/2017 10/08/17 Pending -- -- --
09/21/2017 09/21/17 Pending -- -- --
09/10/2017 09/10/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $262,500 +25.0% $184 / Sq Ft
07/21/2016 07/21/16 Sold $210,000 -4.5% $147 / Sq Ft View Prior Sale
06/06/2016 06/06/16 For Sale $220,000 0.0% $154 / Sq Ft
06/06/2016 06/06/16 Price Changed $220,000 +4.8% $154 / Sq Ft
03/12/2016 03/12/16 For Sale $210,000 -- $147 / 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 $1,627 $11,327 -- --
2024 $1,635 $10,787 -- --
2023 $1,635 $39,420 $7,880 $31,540
2022 $1,610 $29,270 $5,850 $23,420
2021 $1,625 $25,500 $5,100 $20,400
2020 $1,562 $21,920 $4,380 $17,540
2019 $1,543 $18,320 $3,660 $14,660
2018 $1,424 $15,920 $3,180 $12,740
2017 $1,406 $13,850 $2,770 $11,080
2016 $1,347 $11,860 $2,370 $9,490
2015 $1,275 $10,030 $2,000 $8,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6675697

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-14-127