$860,000
SOLD JUN 3, 2020
-- Bed
-- Bath
1,000 Sq Ft
0.35 Acres

Recently Sold

$860 Per Sq Ft

9% Below List Price

10 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of June 2020

We are pleased to announce Amelia Homes on 24th! This property has been fully renovated inside and out. These duplexes feels like a large home with a spacious, private front yard and back yard. All units are newly renovated with brand new stainless steel appliances, white quartz counter tops, paint, new laminate flooring, and subway tile. Units are also equipped with a brand new washer and dryer and one uncovered private driveway for two of the units and designated covered parking space for all units. All units are available for rent current rents are 1450, 1499, 1499, 1799 plus 50 rubs per unit for water and trash. Tenants pay for there own landscaping, gas and electric. All facts figures are approximate buyer verify MLS information. Tenants pay for electric and gas.

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000 Listed on: 05/07/2020

Co-Listed By

Joshua Willets

Grace CRE License #BR675965000

Last Buyer's Agent

Carmen Garneata

HomeSmart License #SA651695000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1950

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 10 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Larry C Kennedy Elementary School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 119-04-133

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are Irr

Building Details

  • Operating Expense $10,090
  • Gross Income $78,968
  • Net Operating Income $67,274

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,090

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Indian School Rd and 24th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2019
  • Directions: Indian School and 24th street South to first street on the east Amelia, East to the complex.
  • Road Surface Type: Gravel, Dirt
  • Co List Office Mls Id: grcr001
  • Co List Office Phone: 602-758-9981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Compactor2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Add'l Parking Avail, <1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 1000.0
  • Annual Water Sewer Expense: 2000.0

Schools

  • Elementary School: Larry C Kennedy School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: Irr
  • Additional Parcels: No
  • Parcel #: 119-04-133

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 200.0
  • Annual Gross Income: 78967.8
  • Insurance Expense: 1800.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 67274.0
  • Annual Operating Expense: 10090.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2090.0
  • Tax Book Number: 119.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2020
Sold by
Brimhall Wade A
Bought by
Sophia Willets Pllc
Total Days on Market
10
Current Estimated Value
$1,023,192

Purchase Details

Closed on
Jan 9, 2020
Sold by
Faulring Carin Randall and Brimhall Carin R
Bought by
Brimhall Wade A

Purchase Details

Closed on
Jun 20, 2002
Sold by
Stern Joel R and Stern Janet L
Bought by
Brimhall Wade A and Brimhall Carin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.86%
Mortgage Type
Seller Take Back
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 $555,000 American Title Svc Agcy Llc
Interfamily Deed Transfer -- Accommodation
Warranty Deed -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,516 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $234,000 Unknown
Previous Owner $200,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Rented $1,750 0.0% --
08/23/2021 08/23/21 Under Contract -- -- --
08/20/2021 08/20/21 For Rent $1,750 0.0% --
06/03/2020 06/03/20 Sold $860,000 0.0% $860 / Sq Ft
05/26/2020 05/26/20 Rented $1,499 -99.8% --
05/26/2020 05/26/20 Under Contract -- -- --
05/15/2020 05/15/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $949,000 0.0% $949 / Sq Ft
05/05/2020 05/05/20 For Rent $1,499 -- --
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 $2,345 $18,040 -- --
2024 $2,183 $17,181 -- --
2023 $2,183 $69,720 $13,940 $55,780
2022 $2,094 $50,730 $10,140 $40,590
2021 $2,158 $47,750 $9,550 $38,200
2020 $2,103 $40,200 $8,040 $32,160
2019 $2,090 $32,410 $6,480 $25,930
2018 $2,046 $28,670 $5,730 $22,940
2017 $1,965 $23,930 $4,780 $19,150
2016 $1,887 $19,880 $3,970 $15,910
2015 $1,757 $17,500 $3,500 $14,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6075329

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-04-133