NOT LISTED FOR SALE

Estimated Value: $255,340 - $308,000

-- Bed
3 Baths
1,173 Sq Ft
$239/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $190,000 $162 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,545/month

12 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • No Heating
  • Phoenix Coding Academy Rated A

About This Home

As of June 2018

Tri-plex in Phoenix with Rent-Ready units! Two units are 1 Bedroom and 1 Bath. The third unit is 2 Bedrooms and 1 Bath. Each unit has their own gated yards, living rooms, kitchens, and a paved parking area! Come and see it for yourself!

Last Agent to Sell the Property

Edgar Chavez

Momentum Brokers LLC License #BR661269000 Listed on: 05/11/2018

Last Buyer's Agent

Michelle Visintin

HomeSmart License #SA540105000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $690

Year Built

  • Built in 1948

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Concrete Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Paved Parking

Schools

  • Cesar E Chavez Community Elementary And Middle School
  • South Mountain High School

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 5
  • Assessor Parcel Number 113-06-006

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 0.16
  • Avenel Subdivision

Building Details

  • Operating Expense $690
  • Gross Income $31,992
  • Net Operating Income $25,594

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$690

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: Central Ave & Broadway Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: A-1
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2017
  • Directions: Head north on Central Ave, Turn left onto Fulton St. Property is located on the right.
  • Road Surface Type: Asphalt
  • Subdivision Name: AVENEL
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Cesar E Chavez Community School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Cesar E Chavez Community School

Lot Info

  • Lot Size: 0.16
  • Additional Parcels: No
  • Parcel #: 113-06-006

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 31992.0
  • Property Net Operating Income: 25593.6
  • Annual Operating Expense: 690.0

Tax Info

  • Tax Annual Amount: 690.0
  • Tax Book Number: 113.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2021
Sold by
Alexander Karen E
Bought by
Alexander Karen E and Alexander Curtis
Current Estimated Value
$280,085

Purchase Details

Listed on
May 11, 2018
Closed on
Jun 27, 2018
Sold by
Azre4cash Llc
Bought by
Alexander Karen
Seller's Agent
Edgar Chavez
Momentum Brokers LLC
Buyer's Agent
Michelle Visintin
HomeSmart
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$181,649
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2018
Sold by
Southwest Property Llc
Bought by
Azre4cash Llc

Purchase Details

Closed on
Jan 19, 2018
Sold by
Keyglee Llc
Bought by
Southwest Property Llc

Purchase Details

Closed on
Jan 11, 2018
Sold by
True Freedom Achievers Llc
Bought by
Keyglee Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Alexander Karen E -- None Listed On Document
Alexander Karen $185,000 Fidelity National Title Agen
Azre4cash Llc -- None Available
Southwest Property Llc $99,900 Pioneer Title Agency Inc
Keyglee Llc $79,900 Empire West Title Agency Llc
True Freedom Achievers Llc $65,000 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Karen $181,649
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2018 06/21/18 Sold $190,000 -5.0% $162 / Sq Ft
05/11/2018 05/11/18 For Sale $199,900 -- $170 / 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 $719 $5,459 -- --
2024 $697 $5,199 -- --
2023 $697 $15,070 $3,010 $12,060
2022 $683 $11,170 $2,230 $8,940
2021 $704 $10,820 $2,160 $8,660
2020 $695 $9,110 $1,820 $7,290
2019 $672 $7,550 $1,510 $6,040
2018 $652 $6,870 $1,370 $5,500
2017 $690 $5,730 $1,140 $4,590
2016 $657 $4,630 $920 $3,710
2015 $490 $3,610 $720 $2,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5765056

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-06-006