NOT LISTED FOR SALE

2413 N Amarillo St Casa Grande, AZ 85122

Estimated Value: $268,000 - $450,000

-- Bed
-- Bath
2,809 Sq Ft
$138/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $295,000 $105 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,219/month

7 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available

About This Home

As of April 2020

Rare investment opportunity to own a 4-plex in the heart of Casa Grande! All units are currently rented to solid tenants. Renting this place has been easy, there has always been someone waiting to fill any vacancy. All 4 units are 2 bed, 1 bath and each have their own additional exterior storage space and covered parking spot. Tenants pay their own water, electricity, and gas (Each unit is metered separately). This 4-plex also includes a coin operated washer and dryer that gives additional income. Owner provides water and electricity to laundry, but is reimbursed via the income from the coins the tenants use to operate the machines. Located halfway in between Phoenix and Tucson in a growing area with a lot of activity. Lucid motors and Nikola Corp breaking ground nearby!!

Last Agent to Sell the Property

Stephanie Colpitts

Urban Jungle Realty, LLC License #SA670569000 Listed on: 02/05/2020

Last Buyer's Agent

Crystal Seaman

DPR Realty LLC License #SA665275000

DPR Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1981

Lot Details

  • 7,231

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces

Schools

  • Cactus Middle School
  • Casa Grande Union High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, water, cable TV
  • The owner pays for trash collection, sewer
  • Tax Lot 17
  • Assessor Parcel Number 505-05-060

Community Details

Overview

  • 4 Units
  • Building Dimensions are 97.97' x 73.56'
  • Rancho Grande Subdivision

Building Details

  • Operating Expense $5,338
  • Gross Income $950
  • Net Operating Income $23,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,238

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Rodeo Rd and Trekell Rd
  • Legal Info Range: 06E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2019
  • Directions: Get off the I-10 at McCartney Rd and head West. When you get to Trekell head South. Go East on Cordova Ave, then take your first right onto Amarillo St. 6th Building on the right.
  • Road Surface Type: Asphalt
  • Subdivision Name: RANCHO GRANDE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: >1 Space Per Unit
  • 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
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Trash Expense: 1100.0
  • Annual Water Sewer Expense: 1300.0

Schools

  • High School: Casa Grande Union High School
  • Junior High Dist: Casa Grande Union High School District
  • Middle Or Junior School: Cactus Middle School

Lot Info

  • Lot Size: 97.97' x 73.56'
  • Additional Parcels: No
  • Parcel #: 505-05-060

Multi Family

  • Owner Pays: Trash Collection, Sewer
  • Tenant Pays: Electricity, Water, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 700.0
  • Annual Gross Income: 950.0
  • Insurance Expense: 1000.0
  • Property Net Operating Income: 23500.0
  • Annual Operating Expense: 5338.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1238.0
  • Tax Book Number: 505.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Mar 25, 2020
Sold by
Colpitts Jake F and Colpitts Stephanie L
Bought by
Owens Nathaniel W and Owens Courtney B
Seller's Agent
Stephanie Colpitts
Urban Jungle Realty, LLC
Buyer's Agent
Crystal Seaman
DPR Realty LLC
List Price
$290,000
Sold Price
$295,000
Premium/Discount to List
$5,000
1.72%
Current Estimated Value
$388,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,622
Avg. Annual Appreciation
5.48%
Original Mortgage
$289,656
Outstanding Balance
$256,334
Interest Rate
2.75%
Mortgage Type
FHA
Estimated Equity
$136,920

Purchase Details

Listed on
Jun 26, 2017
Closed on
Aug 7, 2017
Sold by
Straight Run Llc
Bought by
Colpitts Jake A and Colpitts Stephanie L
Seller's Agent
Zachary Webster
Weichert, Realtors-Home Pro Realty
Buyer's Agent
Stephanie Colpitts
Urban Jungle Realty, LLC
List Price
$209,000
Sold Price
$200,000
Premium/Discount to List
-$9,000
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.61%
Original Mortgage
$150,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2014
Sold by
Duer Jerry R
Bought by
Straight Run Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,306
Interest Rate
4.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 5, 2013
Sold by
Denver Investments Group Llc
Bought by
Duer Jerry

Purchase Details

Listed on
Nov 9, 2012
Closed on
Feb 15, 2013
Sold by
Federal National Mortgage Association
Bought by
Denver Investments Group Llc
Seller's Agent
Bill Bridwell
Golden Touch Realty
Buyer's Agent
Andrea Garrido
AZ New Horizon Realty
List Price
$130,900
Sold Price
$105,000
Premium/Discount to List
-$25,900
-19.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%
Original Mortgage
$107,050
Interest Rate
3.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 15, 2012
Sold by
Green Tree Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 26, 2012
Sold by
Sloan Michael and Sloan Debora
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Aug 1, 2006
Sold by
Kyle Bryan T
Bought by
Sloan Michael and Sloan Debora

Purchase Details

Closed on
Nov 9, 2005
Sold by
Kyle Bryan T
Bought by
Amarillo Properties Llc

Purchase Details

Closed on
Sep 7, 2005
Sold by
Alexander Robert
Bought by
Kyle Bryan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
8.55%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 18, 2005
Sold by
Kyle Tomoyo L
Bought by
Kyle Bryan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
8.55%
Mortgage Type
Balloon

Purchase Details

Closed on
May 12, 2003
Sold by
Fkn Partnership
Bought by
Alexander Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
5.71%
Mortgage Type
Unknown
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
Owens Nathaniel W $295,000 First American Mortgage Sln
Colpitts Jake A $200,000 Old Republic Title Agency
Straight Run Llc $140,000 Magnus Title Agency
Duer Jerry $150,000 Chicago Title Agency Inc
Denver Investments Group Llc $105,000 First American Title Ins Co
Federal National Mortgage Association -- First American Title
Green Tree Servicing Llc $243,097 First American Title
Sloan Michael -- None Available
Amarillo Properties Llc -- None Available
Kyle Bryan T $240,000 Capital Title Agency Inc
Kyle Bryan T -- Capital Title Agency Inc
Alexander Robert $138,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Nathaniel W $289,656
Previous Owner Colpitts Jake A $150,000
Previous Owner Straight Run Llc $121,306
Previous Owner Denver Investments Group Llc $107,050
Previous Owner Sloan Michael $231,000
Previous Owner Sloan Michael $226,800
Previous Owner Kyle Bryan T $216,000
Previous Owner Alexander Robert $110,400
Closed Alexander Robert $13,800
Closed Sloan Michael $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $295,000 +1.7% $105 / Sq Ft
04/04/2020 04/04/20 For Sale $290,000 0.0% $103 / Sq Ft
04/04/2020 04/04/20 Price Changed $290,000 0.0% $103 / Sq Ft
03/30/2020 03/30/20 For Sale $290,000 0.0% $103 / Sq Ft
03/30/2020 03/30/20 Price Changed $290,000 0.0% $103 / Sq Ft
02/05/2020 02/05/20 For Sale $290,000 +45.0% $103 / Sq Ft
08/10/2017 08/10/17 Sold $200,000 -4.3% $71 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $209,000 +99.0% $74 / Sq Ft
02/20/2013 02/20/13 Sold $105,000 -19.8% $37 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
11/09/2012 11/09/12 For Sale $130,900 -- $47 / 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 $1,270 $20,072 -- --
2024 $1,308 $20,166 -- --
2023 $1,295 $14,453 $5,045 $9,408
2022 $1,308 $12,108 $5,045 $7,063
2021 $1,216 $12,218 $0 $0
2020 $1,147 $9,267 $0 $0
2019 $1,238 $9,175 $0 $0
2018 $1,227 $8,123 $0 $0
2017 $1,196 $7,810 $0 $0
2016 $1,153 $8,138 $1,499 $6,639
2014 $1,012 $6,578 $1,500 $5,078
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Stephanie Colpitts

    Urban Jungle Realty, LLC

    (480) 926-2727

    2 Total Sales

    Stephanie Colpitts
    Section Image
  • Crystal Seaman

    Buyer's Agent in 2020

    Crystal Seaman

    DPR Realty

    (480) 577-2674

    2 in this area

    13 Total Sales

    Crystal Seaman
    Section Image

  • Z

    Seller's Agent in 2017

    Zachary Webster

    Weichert, Realtors-Home Pro Realty

    (480) 570-5719

    3 Total Sales

    Zachary Webster
    Section Image

  • B

    Seller's Agent in 2013

    Bill Bridwell

    Golden Touch Realty

  • S

    Seller Co-Listing Agent in 2013

    Sandra Martin

    Long Realty Partners

  • A

    Buyer's Agent in 2013

    Andrea Garrido

    AZ New Horizon Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6033075

Arizona Regional Multiple Listing Service (ARMLS)

APN: 505-05-060

Arizona Pinal County Casa Grande 85122

2413 N Amarillo St, Casa Grande, AZ

This home is located at 2413 N Amarillo St, Casa Grande, AZ 85122 since 05 February 2020 and is currently estimated at $388,622, approximately $138 per square foot. This property was built in 1981. 2413 N Amarillo St is a home located in Pinal County with nearby schools including Cholla Elementary School, Cactus Middle School, and Casa Grande Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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