NOT LISTED FOR SALE

Estimated Value: $459,000 - $556,615

-- Bed
-- Bath
1,750 Sq Ft
$287/Sq Ft Est. Value

Last Sold October 09, 2014

Last sale price $162,000 $93 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $2,907/month

23 Days on Market

Highlights

  • RV or Boat Parking
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A

About This Home

As of October 2014

Rare opportunity to own affordable duplex in desirable location. Unit 1 is 1210 sf, 3 bedrooms, 1 bath - can be rented for $1100/month. Unit 2- 861 sf, 2 bedrooms, 1 bath- can be rented for $800/month. Detached 2 car garage with RV gate, street parking, no HOA. Both units currently owner occupied and in perfect move-in condition, well maintained and upgraded with tile flooring, newer cabinets, newer interior and exterior paint, HVAC and WH were replaced in last 5 years. Each unit has private backyard and laundry. Each unit has individual SRP and SW gas meters and one water meter. Rent can include water and Tenant to be responsible for electricity and gas. Hurry this property will not last long at this price!!!

Last Listed By

Olga Griffin

My Home Group Real Estate License #BR543289000 Listed on: 07/22/2014

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $707

Year Built

  • Built in 1949

Lot Details

  • 6,490

Home Design

  • Tile Roof
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • RV or Boat Parking

Schools

  • Creighton Elementary School
  • John F Kennedy Middle School
  • Camelback High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 23
  • Assessor Parcel Number 119-04-101

Community Details

Overview

  • 2 Units
  • Building Dimensions are 130 X 65
  • Rugee Vista Subdivision

Building Details

  • Operating Expense $7,494
  • Gross Income $22,800
  • Net Operating Income $15,306

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$707

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Cross Street: Hwy 51 and Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1949
  • Tax Year: 2013
  • Directions: east to 24 st, south to Clarendon, east to duplex on a left
  • Road Surface Type: Asphalt
  • Subdivision Name: Rugee Vista
  • Garage Yn: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV/Boat Parking, Add'l Parking Avail, 1 Space/Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Garage Details: Yes
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Individual, Electric
  • Heating: Individual, Central, Heat Pump, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Fuel Expense: 840.0
  • Annual Water Sewer Expense: 2160.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: John F Kennedy School

Lot Info

  • Lot Size: 130 X 65
  • Additional Parcels: No
  • Parcel #: 119-04-101

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Electric Expense: 2160.0
  • Annual Gross Income: 22800.0
  • Insurance Expense: 920.0
  • Property Net Operating Income: 15306.0
  • Annual Operating Expense: 7494.0

Tax Info

  • Tax Annual Amount: 707.0
  • Tax Book Number: 119.00
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2014
Closed on
Oct 3, 2014
Sold by
Khadeir Soaad K and Al Omara Majah A
Bought by
Al Omara Najah A
Seller's Agent
Olga Griffin
My Home Group Real Estate
Buyer's Agent
Richard Kahn
My Home Group Real Estate
List Price
$165,000
Sold Price
$162,000
Premium/Discount to List
-$3,000
-1.82%
Total Days on Market
23
Current Estimated Value
$502,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,654
Avg. Annual Appreciation
12.58%
Original Mortgage
$159,065
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2004
Sold by
Graovac Slavka
Bought by
Graovac Rade and Stjepanovic Vlado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,400
Interest Rate
5.74%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 25, 2002
Sold by
Mckinnon Larry Edward
Bought by
Graovac Rade and Graovac Slavka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,076
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2000
Sold by
Marlin Charlotte R
Bought by
Ahkiong Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
8.38%
Mortgage Type
New Conventional

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
Al Omara Najah A -- Pioneer Title Agency Inc
Omara Najah A Al $162,000 Pioneer Title Agency Inc
Graovac Rade -- Ticor Title Agency Of Az Inc
Graovac Rade $138,000 Capital Title Agency Inc
Ahkiong Grace $79,900 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omara Najah A Al $148,756
Closed Omara Najah A Al $148,756
Closed Omara Najah A Al $155,339
Closed Omara Najah A Al $159,065
Previous Owner Graovac Rade $137,400
Previous Owner Graovac Rade $136,076
Previous Owner Ahkiong Grace $71,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2014 10/09/14 Sold $162,000 -1.8% $93 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $165,000 -- $94 / 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 $1,281 $9,852 -- --
2024 $1,266 $9,383 -- --
2023 $1,266 $37,880 $7,570 $30,310
2022 $1,216 $27,830 $5,560 $22,270
2021 $1,246 $26,080 $5,210 $20,870
2020 $1,216 $21,820 $4,360 $17,460
2019 $1,207 $17,580 $3,510 $14,070
2018 $1,182 $14,080 $2,810 $11,270
2017 $1,137 $13,320 $2,660 $10,660
2016 $1,093 $10,670 $2,130 $8,540
2015 $1,016 $9,350 $1,870 $7,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5147920

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-04-101