NOT LISTED FOR SALE

Estimated Value: $628,000 - $691,000

9 Beds
-- Bath
3,300 Sq Ft
$197/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $462,000 $140 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,758/month

34 Days on Market

Highlights

  • Heated Community Pool
  • Central Air
  • Heating Available
  • Ceramic Tile Flooring

About This Home

As of January 2021

This four-plex is an investment opportunity you won't want to miss out on! The property is in an incredible location in a quiet cul-de-sac nearby restaurants, convenience stores, hiking trails and easy access to the 51 Freeway! Three of the four units are 2 bedrooms and one unit is a 3 bedroom! All units are tenant occupied, please do not disturb tenants!

Last Agent to Sell the Property

George Laughton

My Home Group Real Estate License #SA579470000 Listed on: 12/09/2020

My Home Group Real Estate

Co-Listed By

Stephanie Hooker

My Home Group Real Estate License #SA662408000

Last Buyer's Agent

Ranbir - Bobbie Saini

HomeSmart License #SA673504000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 1982

Lot Details

  • 9,365

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 3 Open Parking Spaces
  • 7 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Schools

  • Aire Libre Elementary School
  • Greenway Middle School
  • North Canyon High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 6
  • Assessor Parcel Number 214-40-197

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9343
  • Greenley Place Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $7,930
  • Gross Income $31,464
  • Net Operating Income $24,688

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,160

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 25th St & Greenway Pkwy
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2020
  • Directions: South on 25th St then West on Waltann Ln to property.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: myhg01
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: GREENLEY PLACE
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Pool2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition, Tile

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 4400.0

Schools

  • Elementary School: Aire Libre Elementary School
  • High School: North Canyon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Greenway Middle School

Lot Info

  • Lot Size: 9343
  • Additional Parcels: No
  • Parcel #: 214-40-197

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 31464.0
  • Property Net Operating Income: 24688.0
  • Annual Operating Expense: 7930.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1160.0
  • Tax Book Number: 214.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 20, 2021
Sold by
Dresden Properties Llc
Bought by
Choueiry Emmanuell
Seller's Agent
George Laughton
My Home Group Real Estate
Buyer's Agent
Ranbir - Bobbie Saini
HomeSmart
List Price
$469,000
Sold Price
$462,000
Premium/Discount to List
-$7,000
-1.49%
Total Days on Market
34
Current Estimated Value
$651,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,128
Avg. Annual Appreciation
8.19%
Original Mortgage
$352,000
Outstanding Balance
$318,448
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$332,680

Purchase Details

Closed on
Jan 22, 2019
Sold by
Lurin Investments Llc
Bought by
Dresden Properties Llc

Purchase Details

Closed on
Jun 12, 2015
Sold by
Cordova Cesar H and Cordova Rosa Maria
Bought by
Lurin Investments Llc

Purchase Details

Closed on
Apr 27, 2010
Sold by
Palproperties Llc
Bought by
Cordova Cesar and Cordova Rosamaria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,350
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2009
Sold by
Angulo Jorge A and Angulo Carmen S
Bought by
Pal Properties

Purchase Details

Closed on
Apr 7, 2006
Sold by
Hoang Melissa Mylinh
Bought by
Angulo Jorge A and Angulo Carmen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,990
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 9, 2005
Sold by
Stephens Edwin K and Lawrence Lloyd A
Bought by
Hoang Melissa Mylinh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2004
Sold by
Lawrence Lloyd A
Bought by
Stephens Edwin K and Lawrence Lloyd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Deputy Rex R
Bought by
Stephens Edwin K and Lawrence Lloyd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1999
Sold by
Foletta Roger A
Bought by
Deputy Rex R
Source: Public Records

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
Choueiry Emmanuell $462,000 Lawyers Title Of Arizona Inc
Dresden Properties Llc $139,000 First American Title Insuran
Lurin Investments Llc -- None Available
Cordova Cesar $141,000 Chicago Title
Pal Properties $125,000 Security Title Agency
Angulo Jorge A $389,900 First American Title Ins Co
Hoang Melissa Mylinh $390,500 --
Stephens Edwin K -- Security Title Agency Inc
Lawrence Lloyd A -- Security Title Agency Inc
Stephens Edwin K $287,500 Security Title Agency
Deputy Rex R $125,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choueiry Emmanuell $352,000
Previous Owner Cordova Cesar $99,300
Previous Owner Cordova Cesar $98,350
Previous Owner Angulo Jorge A $334,400
Previous Owner Angulo Jorge $38,990
Previous Owner Angulo Jorge A $311,920
Previous Owner Hoang Melissa Mylinh $288,750
Previous Owner Lawrence Lloyd A $266,000
Previous Owner Stephens Edwin K $258,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $462,000 -1.5% $140 / Sq Ft
11/25/2020 11/25/20 For Sale $469,000 -- $142 / 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 $1,231 $12,370 -- --
2024 $1,206 $11,781 -- --
2023 $1,206 $42,310 $8,460 $33,850
2022 $1,193 $28,470 $5,690 $22,780
2021 $1,197 $26,820 $5,360 $21,460
2020 $1,160 $23,500 $4,700 $18,800
2019 $1,162 $19,160 $3,830 $15,330
2018 $1,123 $18,560 $3,710 $14,850
2017 $1,077 $16,150 $3,230 $12,920
2016 $1,059 $13,960 $2,790 $11,170
2015 $981 $11,320 $2,260 $9,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6164933

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-197