$180,000
SOLD NOV 1, 2013
-- Bed
-- Bath
3,300 Sq Ft
10,585 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

12% Below List Price

58 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of November 2019

80's built 4plex with tile roof and washer dryer hookups in each unit. There is one 2bed/1bath unit rented at $500/month), two 2bed/1.5 bath townhouse style units (one vacant and one rented at $625/month), and one 3bed/2bath unit (rented at $700/month). SPDS and HOA information in the documents section. HOA must be sent with offer.

Last Agent to Sell the Property

Brian Gaffney

Better Homes & Gardens Real Estate SJ Fowler License #BR536606000 Listed on: 07/23/2013

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Keith Rohde

1st Southwest Realty, LLC License #SA520833000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $673

Year Built

  • Built in 1982

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 4
  • Assessor Parcel Number 214-40-195

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10564

Building Details

  • Operating Expense $12,466
  • Gross Income $26,460
  • Net Operating Income $13,947

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$673

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Greenway Parkway & E Waltann Ln
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2012
  • Directions: West to property
  • Road Surface Type: Asphalt, Dedicated Street
  • Professional Management Expense: 2070.0
  • 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: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, >1 Space Per Unit
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2700.0

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 10564
  • Additional Parcels: No
  • Parcel #: 214-40-195

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: See Remarks, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 26460.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 3847.0
  • Property Net Operating Income: 13947.0
  • Annual Operating Expense: 12466.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 673.0
  • Tax Book Number: 214.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Oct 30, 2019
Sold by
Kaloustian Albert
Bought by
Chan Tommy and Chan Kailey
Seller's Agent
Susan McCall
Commercial Property Connect
Buyer's Agent
Susan McCall
Commercial Property Connect
List Price
$329,000
Sold Price
$322,000
Premium/Discount to List
-$7,000
-2.13%
Current Estimated Value
$617,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,648
Avg. Annual Appreciation
11.97%
Original Mortgage
$234,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2013
Closed on
Oct 3, 2013
Sold by
Dahlstedt Brad and Dahlstedt Lisa
Bought by
Kaloustian Albert
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Keith Rohde
1st Southwest Realty, LLC
List Price
$205,000
Sold Price
$180,000
Premium/Discount to List
-$25,000
-12.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$127,500
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2011
Sold by
Federal National Mortgage Association
Bought by
Dahlstedt Brad and Dahlstedt Lisa

Purchase Details

Closed on
Sep 12, 2011
Sold by
Gmac Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 8, 2011
Sold by
Lindner Hans J and Lindner Pamela A
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Nov 24, 2004
Sold by
Mccauley Marcelyn J
Bought by
Lindner Hans and Lindner Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,150
Interest Rate
5.74%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $312,000 Chicago Title Agency
Warranty Deed $180,000 Lawyers Title Of Arizona Inc
Cash Sale Deed $76,000 First American Title Ins Co
Corporate Deed -- None Available
Trustee Deed $227,848 None Available
Warranty Deed $281,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Closed $234,000 New Conventional
Previous Owner $127,500 New Conventional
Previous Owner $274,400 Unknown
Previous Owner $28,150 Stand Alone Second
Previous Owner $225,200 Unknown
Previous Owner $28,150 Stand Alone Second
Previous Owner $225,200 Purchase Money Mortgage
Previous Owner $200,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2019 11/04/19 Sold $322,000 -2.1% $98 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $329,000 +82.8% $100 / Sq Ft
11/01/2013 11/01/13 Sold $180,000 -12.2% $55 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $205,000 -- $62 / 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 $1,299 $13,052 -- --
2024 $1,272 $12,430 -- --
2023 $1,272 $43,050 $8,610 $34,440
2022 $1,259 $28,910 $5,780 $23,130
2021 $1,263 $27,360 $5,470 $21,890
2020 $1,224 $23,970 $4,790 $19,180
2019 $1,225 $19,510 $3,900 $15,610
2018 $1,185 $18,710 $3,740 $14,970
2017 $1,136 $16,650 $3,330 $13,320
2016 $1,117 $14,470 $2,890 $11,580
2015 $1,035 $12,180 $2,430 $9,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4971993

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-195