NOT LISTED FOR SALE
11 Beds
6 Baths
2,900 Sq Ft
1986 Built

Sale Details

Date Sold: January 17, 2020

Last sale price $665,000 $229 Per Sq Ft

96 Days on Market

About This Home

As of January 2020

*Seller would prefer to close before the end of the year* 2402 West Hayward Avenue is a 6-Unit, garden-style property located just a few blocks south of the booming Northern Avenue Corridor. This offering consists of (2) one-bedroom / one-bathroom, (3) two-bedroom / one-bathroom, and (1) three-Bedroom / one-bathroom units. The garden-style, mid-1980's construction has an everlasting charm and with 3 of the 6 units recently renovated with the long-term in mind, a reliable tenant base can easily be expected. Additionally, through the modest increase of rents, along with subtle renovations on the exterior and the installation of a well-designed landscape, additional value is obtainable and within reach.

Last Agent to Sell the Property

Dallin Hammond

ABI Multifamily License #SA677560000 Listed on: 10/03/2019

Co-Listed By

Mitchell Drake

ABI Multifamily License #SA675761000

Last Buyer's Agent

Richard Campbell

Gentry Real Estate License #SA685736000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,261

Year Built

  • Built in 1986

Home Design

  • Wood Frame Construction

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for water, landscaping
  • Tax Lot 45
  • Assessor Parcel Number 157-28-042

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Building Dimensions are 96.91x180.76
  • Vista Income Estates 3 Subdivision

Building Details

  • Operating Expense $16,723
  • Gross Income $63,498
  • Net Operating Income $45,514

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,261

Year Built

Built in 1986

Listing Details

  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Year Built: 1986
  • Tax Year: 2019
  • Road Surface Type: Gravel, Dirt, Concrete
  • Professional Management Expense: 3812.0
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: VISTA INCOME ESTATES 3
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: See Remarks, Other
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Garage Details: Yes
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 4500.0

Lot Info

  • Lot Size: 96.91x180.76
  • Additional Parcels: No
  • Parcel #: 157-28-042

Multi Family

  • Owner Pays: Water, Landscaping
  • Number Of Units Total: 6
  • Annual Gross Income: 63498.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 45514.0
  • Annual Operating Expense: 16723.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2261.0
  • Tax Book Number: 157.00
  • Tax Lot: 45

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Jan 16, 2020
Sold by
Bought by
Seller's Agent
Dallin Hammond
ABI Multifamily
Buyer's Agent
Richard Campbell
Gentry Real Estate
List Price
$700,000
Sold Price
$665,000
Premium/Discount to List
-$35,000
-5%

Purchase Details

Listed on
Mar 23, 2015
Closed on
Jun 30, 2015
Sold by
Bought by
Seller's Agent
Scott Trevey
REI Marketing
Buyer's Agent
Jon Dzwonkoski
Red Brick Realty, LLC
List Price
$289,500
Sold Price
$279,500
Premium/Discount to List
-$10,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.99%
Original Mortgage
$210,000
Interest Rate
0.0381%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
0.0349%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
0.0384%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
0.0627%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0782%
Mortgage Type
Commercial
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$665,000 First Amer Ttl Ins Co Ncs
$279,500 American Title Svc Agency Ll
-- American Title Service Agenc
$260,000 American Title Service Agenc
$180,000 Chicago Title Insurance Comp
$325,000 Stewart Title & Trust Of Pho
$185,000 Lawyers Title Of Arizona Inc
$225,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $210,000
Closed $208,000
Closed $15,000
Closed $100,000
Closed $73,625
Closed $260,000
Closed $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2020 01/17/20 Sold $665,000 -2.2% $229 / Sq Ft
11/15/2019 11/15/19 Price Changed $680,000 -2.9% $234 / Sq Ft
10/02/2019 10/02/19 For Sale $700,000 +150.4% $241 / Sq Ft
06/30/2015 06/30/15 Sold $279,500 -3.5% $96 / Sq Ft View Prior Sale
05/25/2015 05/25/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $289,500 -- $100 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,551 $20,075 -- --
2024 $2,411 $19,119 -- --
2023 $2,411 $72,950 $14,590 $58,360
2022 $2,332 $48,830 $9,760 $39,070
2021 $2,362 $45,670 $9,130 $36,540
2020 $2,303 $44,620 $8,920 $35,700
2019 $2,261 $35,230 $7,040 $28,190
2018 $2,202 $29,670 $5,930 $23,740
2017 $2,191 $27,570 $5,510 $22,060
2016 $2,151 $25,480 $5,090 $20,390
2015 $1,992 $21,260 $4,250 $17,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5986372

Arizona Regional Multiple Listing Service (ARMLS)
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