NOT LISTED FOR SALE

Estimated Value: $667,000 - $720,000

-- Bed
-- Bath
1,980 Sq Ft
$352/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $700,000 $354 Per Sq Ft

Current estimated payment $3,828/month

1 Day on Market

Highlights

  • Heated Community Pool
  • 6 Car Attached Garage
  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Multiple cooling system units
  • Central Heating and Cooling System

About This Home

As of May 2024

Not your average multi-fam property! Highly remodeled & impeccably maintained Loma Linda duplex w/RARE R-4 zoning! Easily can be 4 units by closing in carports to make 2 studios. Both units high income producing Airbnb's.. One side is in the coveted DESIGNER category on airbnb!! Both have attached carports & long driveways, sep. courtyards & separate bkyards w/pvt cov'd patios & pvt laundry's. One side completely gutted w/LR wall removed to open up kit/dining and added 2nd permitted full bath. Stainless appliances, sewer replaced t/o, New master bath has sep tub and shower, incredible vaulted ceiling w/vintage French gold chandelier, concrete sink, exposed block walls, penny tile floor, open shower w/IPE floor, & deep trough soaking tub.

Last Agent to Sell the Property

Donna Street

Munro Realty International License #SA041834000 Listed on: 02/17/2024

Last Buyer's Agent

Donna Street

Munro Realty International License #SA041834000 Listed on: 02/17/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 1953

Lot Details

  • 8,015

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 6 Car Attached Garage
  • 4 Open Parking Spaces
  • Common or Shared Parking
  • On-Street Parking

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • ENERGY STAR Qualified Equipment for Heating

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 5 / 4
  • Assessor Parcel Number 119-17-029

Community Details

Overview

  • 2 Units
  • Building Dimensions are 150x80
  • Terrell Terrace Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $17,232
  • Gross Income $82,800
  • Net Operating Income $83,636

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,360

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: Osborn & 24th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1953
  • Tax Year: 2021
  • Directions: Take 24th St South of Osborn to Earll - West to duplex on South side. DO NOT WALK PROP W/O APPT!!
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: TERRELL TERRACE
  • Water Irrigation: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances: BI Oven/Range, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attached, <1 Space Per Unit, Street Parking, Common
  • Attached Garage: Yes
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Attached: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: 2 or More Units, Central A/C, Individual, Heat Pump, Ceiling Fan(s)
  • Heating: Individual, Central, 2 or More Units, Electric, Natural Gas, ENERGY STAR Qualified Equipment
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Irrigation, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:_two_ or More Units3: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Fee Information

  • Annual Fuel Expense: 693.0
  • Annual Water Sewer Expense: 1673.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 150x80
  • Additional Parcels: No
  • Parcel #: 119-17-029

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 2
  • Electric Expense: 2889.0
  • Annual Gross Income: 82800.0
  • Insurance Expense: 1967.0
  • Maintenance Expense: 470.0
  • Property Net Operating Income: 83636.0
  • Annual Operating Expense: 17232.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1360.0
  • Tax Block: 4
  • Tax Book Number: 119.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
Jun 4, 2024
Sold by
Dipietro Dori and Vantage Retirement Plans Llc
Bought by
Hunki Dori Properties Llc
Seller's Agent
Donna Street
Munro Realty International
Buyer's Agent
Donna Street
Munro Realty International
List Price
$745,000
Sold Price
$700,000
Premium/Discount to List
-$45,000
-6.04%
Total Days on Market
1
Views
14
Current Estimated Value
$697,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,954
Avg. Annual Appreciation
-0.39%
Original Mortgage
$416,400
Outstanding Balance
$413,061
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$283,985

Purchase Details

Listed on
Feb 17, 2024
Closed on
Apr 26, 2024
Sold by
Street Donna K
Bought by
Vantage Retirement Plans Llc and Dori Dipietro Ira
Seller's Agent
Donna Street
Munro Realty International
Buyer's Agent
Donna Street
Munro Realty International
List Price
$745,000
Sold Price
$700,000
Premium/Discount to List
-$45,000
-6.04%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,400
Outstanding Balance
$413,061
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$283,985

Purchase Details

Closed on
Feb 9, 1996
Sold by
Packnett Edith L
Bought by
Street Donna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,939
Interest Rate
6.98%
Mortgage Type
FHA
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
Hunki Dori Properties Llc -- Pioneer Title Agency
Vantage Retirement Plans Llc $694,000 Pioneer Title Agency
Street Donna K $70,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vantage Retirement Plans Llc $416,400
Previous Owner Street Donna K $167,999
Previous Owner Street Donna K $132,000
Previous Owner Street Donna K $69,939
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $700,000 -6.0% $354 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/17/2024 02/17/24 For Sale $745,000 -- $376 / 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 $1,549 $11,370 -- --
2024 $1,533 $10,828 -- --
2023 $1,533 $43,750 $8,750 $35,000
2022 $1,319 $31,600 $6,320 $25,280
2021 $1,360 $29,910 $5,980 $23,930
2020 $1,326 $25,250 $5,050 $20,200
2019 $1,317 $20,200 $4,040 $16,160
2018 $1,289 $17,870 $3,570 $14,300
2017 $1,238 $15,330 $3,060 $12,270
2016 $1,189 $12,420 $2,480 $9,940
2015 $1,107 $10,850 $2,170 $8,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6665260

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-17-029