NOT LISTED FOR SALE

Estimated Value: $317,000 - $774,000

-- Bed
-- Bath
1,044 Sq Ft
$568/Sq Ft Est. Value

Last Sold January 17, 2012

Last sale price $61,500 $59 Per Sq Ft

Est. 865% increase in value since last sale

Current estimated payment $3,276/month

47 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of January 2012

Centrally located 4-plex property just 1 mile south of Biltmore corridor. Property has 2 buildings each with 2 units. The first building was built in 1955 with the second built in 1963. Property needs fix-up work and has lots of deferred maintenance. Priced to reflect needed work. Property sold as-is.

Last Agent to Sell the Property

Marlene Cerreta

Cerreta Real Estate License #BR536275000 Listed on: 09/01/2011

Co-Listed By

Aimee Mitchell

Cerreta Real Estate License #SA536274000

Last Buyer's Agent

Kristi Roberts

Realty ONE Group License #SA634949000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,460

Year Built

  • Built in 1963

Lot Details

  • 10,193

Home Design

  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 119-05-072
  • Assessor Parcel Number 119-05-072

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 10,175 sqare feet

Building Details

  • Operating Expense $1,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,460

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 24th & Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2010
  • Directions: South on 24th St from Indian School to Clarendon Ave ~ East to Property.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cerr01
  • Co List Office Phone: 623-266-6888
  • Subdivision Name: Metes & Bounds
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Other, See Remarks
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 10,175 sqare feet
  • Additional Parcels: No
  • Parcel #: 119-05-072

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 4
  • Annual Operating Expense: 1460.0

Tax Info

  • Tax Annual Amount: 1460.0
  • Tax Book Number: 119.00
  • Tax Lot: 119-05-072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2018
Sold by
Getz Daniel
Bought by
Shen Hong and Tang Xiu
Current Estimated Value
$593,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Getz Daniel

Purchase Details

Closed on
Jul 1, 2011
Sold by
Hevroni Gur
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 22, 2006
Sold by
Shavit Investment Group Llc
Bought by
Hevroni Gur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2002
Sold by
Vanslooten Everdean
Bought by
Aguilera Juan C and Aguilera Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
8.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 1974
Sold by
White Norman D and White Joan M
Bought by
Amos Lowell E and Amos Marie
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
Shen Hong $408,000 First Arizona Title Agency L
Getz Daniel -- None Available
Federal Home Loan Mortgage Corporation $84,120 Accommodation
Hevroni Gur $320,000 Capital Title Agency Inc
Shavit Investments Group Llc $695,000 Capital Title Agency Inc
Aguilera Juan C $130,322 Chicago Title Insurance Co
Amos Lowell E -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen Hong $303,750
Previous Owner Hevroni Gur $256,000
Previous Owner Aguilera Juan C $117,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2012 01/17/12 Sold $61,500 +2.7% $59 / Sq Ft
10/18/2011 10/18/11 Pending -- -- --
09/01/2011 09/01/11 For Sale $59,900 -- $57 / 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 $1,705 $13,114 -- --
2024 $1,685 $12,490 -- --
2023 $1,685 $49,670 $9,930 $39,740
2022 $1,619 $36,260 $7,250 $29,010
2021 $1,659 $34,110 $6,820 $27,290
2020 $1,618 $28,830 $5,760 $23,070
2019 $1,607 $23,200 $4,640 $18,560
2018 $1,574 $18,570 $3,710 $14,860
2017 $1,513 $17,410 $3,480 $13,930
2016 $1,454 $14,270 $2,850 $11,420
2015 $1,353 $12,450 $2,490 $9,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4639986

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-05-072