NOT LISTED FOR SALE

Estimated Value: $584,000 - $825,202

Studio
-- Bath
1,040 Sq Ft
$720/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $535,000 $514 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,340/month

25 Days on Market

Highlights

  • Ducts Professionally Air-Sealed
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System
  • ENERGY STAR Qualified Equipment for Heating

About This Home

As of September 2019

Outstanding newly built Duplex in highly desired downtown Coronado Historic District. Great curb appeal, stone walkway, lush green landscape, & front porch. The TWO homes are mirror images featuring soaring ceilings, soothing palette, ceiling fans, beautiful wood plank tile floors, upgraded lighting, & lots of natural light from two story windows. Stunning kitchens boast quartz counters, SS appliances, center island, breakfast bar, stylish tiled backsplash, and white modern cabinets with hardware. Generous size bedrooms, plush carpet, ample closets, and new baths with designer touches. Private backyard for entertaining or relaxing. This Duplex is the envy of the neighborhood. Perfect as investment property or personal use! Located near downtown and short distance to popular dining.

Last Agent to Sell the Property

Michael Penrod

My Home Group Real Estate License #SA652643000 Listed on: 04/25/2019

Last Buyer's Agent

Michael Penrod

My Home Group Real Estate License #SA652643000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,171

Year Built

  • Built in 2018

Lot Details

  • 5,619

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Free Parking

Schools

  • Emerson Elementary School
  • Phoenix Prep Academy Middle School
  • North Canyon High School

Utilities

  • Ducts Professionally Air-Sealed
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units

Additional Features

  • Ceiling Fan
  • ENERGY STAR Qualified Equipment for Heating
  • Property fronts an alley

Listing and Financial Details

  • Tenant pays for electricity, cable TV, landscaping
  • The owner pays for trash collection, water, sewer
  • Tax Lot 6
  • Assessor Parcel Number 117-30-184

Community Details

Overview

  • 2 Units
  • Building Dimensions are 5625sqft
  • Syndicate Place Subdivision

Building Details

  • Operating Expense $4,271
  • Gross Income $42,180
  • Net Operating Income $40,129

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,171

Year Built

Built in 2018

Lot Details

5,619 Sq Ft Lot

Listing Details

  • Cross Street: 9th Street and Oak St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3 M-M
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2018
  • Tax Year: 2018
  • Road Frontage Type: Alley
  • Subdivision Name: SYNDICATE PLACE
  • Cooling:Ceiling Fan(s): Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood, Ducts Professionally Air-Sealed
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Ducts Professionally Air-Sealed: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Other (See Remarks), Free, Add'l Parking Avail
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks), APS, Individual Meter
  • Cooling: Ceiling Fan(s), ENERGY STAR Qualified Equipment, Electric, Individual, Central A/C, 2 or More Units
  • Heating: ENERGY STAR Qualified Equipment, Central, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes

Fee Information

  • Trash Expense: 100.0
  • Annual Water Sewer Expense: 100.0

Schools

  • Elementary School: Emerson Elementary School
  • High School: North Canyon High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 5625sqft
  • Additional Parcels: No
  • Parcel #: 117-30-184

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Electric Expense: 100.0
  • Annual Gross Income: 42180.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 40129.0
  • Annual Operating Expense: 4271.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1171.0
  • Tax Book Number: 117.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2019
Closed on
Aug 6, 2019
Sold by
Artisan Builders Llc
Bought by
Kelly Dean and Tinsay Queenie
Seller's Agent
Michael Penrod
My Home Group Real Estate
Buyer's Agent
Michael Penrod
My Home Group Real Estate
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Current Estimated Value
$748,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,301
Avg. Annual Appreciation
5.36%
Original Mortgage
$364,000
Outstanding Balance
$318,797
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$429,504

Purchase Details

Closed on
Nov 14, 2018
Sold by
Win Builders Llc
Bought by
Artisan Builders Llc

Purchase Details

Closed on
May 4, 2017
Sold by
Win Capital Llc
Bought by
Win Builders Llc

Purchase Details

Closed on
Apr 5, 2017
Sold by
Fox Remodeling Llc
Bought by
Win Capital Llc

Purchase Details

Closed on
Jan 27, 2017
Sold by
Fox Remodeling Llc
Bought by
Win Builders Llc

Purchase Details

Closed on
Feb 26, 2016
Sold by
Win Capital Llc
Bought by
Fox Remodeling Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2016
Sold by
True Freedom Ahievers Llc
Bought by
Win Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 2015
Sold by
Doogan Hope
Bought by
True Freedom Achievers Llc
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
Kelly Dean $535,000 Great American Ttl Agcy Inc
Artisan Builders Llc -- None Available
Win Builders Llc -- None Available
Win Capital Llc -- None Available
Win Builders Llc -- None Available
Fox Remodeling Llc $170,000 Security Title Agency Inc
Win Capital Llc $159,900 Security Title Agency Inc
True Freedom Achievers Llc $150,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Dean $364,000
Previous Owner Fox Remodeling Llc $136,000
Previous Owner Win Capital Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2019 09/13/19 Sold $535,000 -2.7% $514 / Sq Ft
09/03/2019 09/03/19 Price Changed $550,000 0.0% $529 / Sq Ft
08/13/2019 08/13/19 Price Changed $550,000 0.0% $529 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $550,000 -- $529 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $5,823 $40,989 -- --
2024 $5,428 $39,037 -- --
2023 $5,428 $73,550 $14,710 $58,840
2022 $5,235 $59,520 $11,900 $47,620
2021 $5,196 $57,150 $11,430 $45,720
2020 $5,256 $45,880 $9,170 $36,710
2019 $928 $8,865 $8,865 $0
2018 $1,171 $12,280 $2,450 $9,830
2017 $1,129 $11,750 $2,350 $9,400
2016 $1,097 $9,730 $1,940 $7,790
2015 $1,000 $10,210 $2,040 $8,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5916417

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-30-184

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