NOT LISTED FOR SALE

Estimated Value: $791,000 - $1,074,000

6 Beds
-- Bath
2,449 Sq Ft
$366/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $825,000 $337 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,126/month

5 Days on Market

Highlights

  • RV or Boat Parking
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Emerson Elementary School Rated 9+
  • Ceramic Tile Flooring

About This Home

As of August 2021

Coronado Historic district properties! // This property to be sold along with the 2 bedroom home next door. Each unit is a one bedroom 1 bath. 2 units have heat pumps, 2 units have evap coolers and a gas heaters. Current leases are month to month, front house is vacant and viewable through showing time. The vacant home next door has been completely remodeled.

Last Agent to Sell the Property

Mike Reid

Ultimate Properties, Inc. License #BR031502000 Listed on: 07/07/2021

Co-Listed By

Lacey Gunnell

Ultimate Properties, Inc. License #SA678326000

Last Buyer's Agent

Brandon Schlueter

Midland Real Estate Alliance License #SA643495000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,806

Year Built

  • Built in 1952

Lot Details

  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • Carport
  • Free Parking
  • On-Street Parking
  • RV or Boat Parking

Schools

  • Longview Elementary School
  • North High Middle School
  • North High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 5
  • Assessor Parcel Number 117-27-018

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 50 X 131
  • Bevan Place Subdivision

Building Details

  • Operating Expense $12,751
  • Gross Income $52,089
  • Net Operating Income $44,955

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,806

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: O-1
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1952
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Professional Management Expense: 5000.0
  • Co List Office Mls Id: ulpm01
  • Co List Office Phone: 623-376-8870
  • Subdivision Name: BEVAN PLACE
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Washer/Dryer
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Block, Brick
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Free, RV/Access Parking, 1 Space/Unit, <1 Space Per Unit, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes
  • Parking Features Street Parking: Yes
  • Parking Features RVBoat Parking2: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling, Heat Pump
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 400.0
  • Annual Water Sewer Expense: 895.0

Schools

  • Elementary School: Longview Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: North High School

Lot Info

  • Lot Size: 50 X 131
  • Additional Parcels: Yes
  • Parcel #: 117-27-018

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 500.0
  • Annual Gross Income: 52089.0
  • Insurance Expense: 750.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 44955.0
  • Annual Operating Expense: 12751.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 2806.0
  • Tax Book Number: 117.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 6, 2021
Sold by
Hooks Jerry and Hooks Arleen R
Bought by
Schlueter Squared Llc
Seller's Agent
Mike Reid
Ultimate Properties, Inc.
Buyer's Agent
Brandon Schlueter
Midland Real Estate Alliance
List Price
$795,500
Sold Price
$825,000
Premium/Discount to List
$29,500
3.71%
Current Estimated Value
$895,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,837
Avg. Annual Appreciation
1.47%
Original Mortgage
$660,000
Outstanding Balance
$606,127
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$268,936

Purchase Details

Closed on
May 11, 2017
Sold by
Hooks Jerry and Hooks Arleen R
Bought by
Hooks Jerry and Hooks Arleen R

Purchase Details

Listed on
Mar 13, 2015
Closed on
Sep 10, 2015
Sold by
Corral Susan Theresa
Bought by
Hooks Jerry and Hooks Arleen R
Seller's Agent
Susan Corral
Lockman & Long Real Estate
Buyer's Agent
Susan Corral
Lockman & Long Real Estate
List Price
$250,000
Sold Price
$220,500
Premium/Discount to List
-$29,500
-11.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%

Purchase Details

Closed on
Sep 10, 2008
Sold by
Corral Susan T
Bought by
Corral Susan Theresa and The Susan Goodwin Corral Livin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 1997
Sold by
Sheehan Conrad J
Bought by
Corral Susan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
7.34%
Mortgage Type
New Conventional
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
Schlueter Squared Llc $825,000 First American Title Ins Co
Hooks Jerry -- None Available
Hooks Jerry $220,500 Security Title Agency Inc
Corral Susan Theresa -- Title Services Of The Valley
Corral Susan T -- Title Services Of The Valley
Corral Susan T $110,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlueter Squared Llc $660,000
Previous Owner Corral Susan Theresa $172,900
Previous Owner Corral Susan T $175,000
Previous Owner Corral Susan T $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $825,000 +3.7% $337 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $795,500 +260.8% $325 / Sq Ft
09/18/2015 09/18/15 Sold $220,500 -11.8% $90 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $250,000 -- $102 / 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 $2,926 $21,882 -- --
2024 $2,898 $20,840 -- --
2023 $2,898 $69,280 $13,850 $55,430
2022 $2,795 $51,620 $10,320 $41,300
2021 $2,774 $44,600 $8,920 $35,680
2020 $2,806 $34,980 $6,990 $27,990
2019 $2,801 $30,870 $6,170 $24,700
2018 $2,753 $26,930 $5,380 $21,550
2017 $2,690 $24,860 $4,970 $19,890
2016 $2,612 $21,770 $4,350 $17,420
2015 $2,417 $23,150 $4,630 $18,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6261366

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-27-018