NOT LISTED FOR SALE

Estimated Value: $596,000 - $688,000

9 Beds
-- Bath
3,300 Sq Ft
$194/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2021

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

Est. 39% increase in value since last sale

Current estimated payment $3,596 / mo

34 Days on Market

Highlights

  • Private Pool
  • Outdoor Storage
  • Central Air
  • Ceramic Tile Flooring
  • Landscaped
  • Partially Fenced Property

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

EveryPlace License #SA579470000 Listed on: 12/09/2020

EveryPlace

Co-Listed By

Stephanie Hooker

EveryPlace 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

  • Partially Fenced Property
  • Landscaped

Home Design

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

Interior Spaces

  • Blinds
  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 7 Parking Spaces
  • Carport

Outdoor Features

  • Private Pool
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Not Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water, sewer, trash collection
  • 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 Sq Ft Lot

Listing Details

  • Cross Street: 25th St & Greenway Pkwy
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: myhg01
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: GREENLEY PLACE
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Central Air
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Disposal, W/D Hookup
  • Interior Features:Interior Features: Mini Blinds

Exterior Features

  • Pool Private: Yes
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Tile, Composition
  • Exterior Amenities: Landscape Water System, Green Landscaping, Partially Fenced, Separate Storage

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Carport, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 7.0
  • Parking Features:Parking Features: Carport, >1 Space Per Unit

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: Pool

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: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity, Cable TV
  • 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: 214.0
  • Tax Lot: 6

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 20, 2021
Sold by
Bought by
Seller's Agent
George Laughton
EveryPlace
Buyer's Agent
Ranbir - Bobbie Saini
HomeSmart
List Price
$469,000
Sold Price
$462,000
Premium/Discount to List
-$7,000
-1.49%
Current Estimated Value
$640,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,811
Avg. Annual Appreciation
6.13%
Original Mortgage
$352,000
Interest Rate
0.0271%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2019
Sold by
Bought by

Purchase Details

Closed on
Jun 12, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 2010
Sold by
Bought by

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
0.0492%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 2006
Sold by
Bought by

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
0.0641%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 9, 2005
Sold by
Bought by

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
0.0581%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2004
Sold by
Bought by

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
0.0575%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Bought by

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
0.0597%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$462,000 Lawyers Title Of Arizona Inc
$139,000 First American Title Insuran
-- None Available
$141,000 Chicago Title
$125,000 Security Title Agency
$389,900 First American Title Ins Co
$390,500 --
-- Security Title Agency Inc
-- Security Title Agency Inc
$287,500 Security Title Agency
$125,000 Security Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $352,000
Previous Owner $99,300
Previous Owner $98,350
Previous Owner $334,400
Previous Owner $38,990
Previous Owner $311,920
Previous Owner $288,750
Previous Owner $266,000
Previous Owner $258,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,264 $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

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