NOT LISTED FOR SALE

Estimated Value: $481,472 - $550,000

8 Beds
4 Baths
2,520 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 10, 2019

Last sale price $300,000 $119 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,028/month

38 Days on Market

Highlights

  • Cooling Available
  • Central Heating
  • Ceiling Fan
  • Phoenix Coding Academy Rated A

About This Home

As of October 2019

Here's your opportunity to own a great investment property. Owner has taken meticulous care of this property. Tenants in place. Each unit is 4BR/2BA 1260 sf. Take advantage of this great property today. It won't last long!

Last Agent to Sell the Property

Robyne Roveccio

Realty ONE Group License #BR567422000 Listed on: 07/29/2019

Realty ONE Group

Last Buyer's Agent

Robert Tolnai

Best Homes Real Estate License #SA529823000

Best Homes Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,167

Year Built

  • Built in 2003

Lot Details

  • 7,841

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Assigned Parking

Schools

  • Roosevelt Elementary School
  • South Mountain High Middle School
  • South Mountain High School

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 152
  • Assessor Parcel Number 122-21-073

Community Details

Overview

  • 2 Units
  • Building Dimensions are 60x127
  • North Broadway Estates 1 Lots 141 159 Subdivision

Building Details

  • Operating Expense $6,034
  • Gross Income $20,940
  • Net Operating Income $14,906

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,167

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: 24TH STREET AND BROADWAY
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Year Built: 2003
  • Tax Year: 2018
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: NORTH BROADWAY ESTATES 1 LOTS 141-159
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 3900.0

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Middle Or Junior School: South Mountain High School

Lot Info

  • Lot Size: 60x127
  • Additional Parcels: No
  • Parcel #: 122-21-073

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 20940.0
  • Insurance Expense: 967.0
  • Property Net Operating Income: 14906.0
  • Annual Operating Expense: 6034.0

Tax Info

  • Tax Annual Amount: 1167.0
  • Tax Book Number: 122.00
  • Tax Lot: 152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2024
Sold by
Vantran Allen
Bought by
2441 E Wood St Az Llc
Current Estimated Value
$563,564

Purchase Details

Closed on
Apr 6, 2022
Sold by
Four Seasons Rental Prop Llc
Bought by
Vantran Allen

Purchase Details

Closed on
Sep 20, 2021
Sold by
Vantran Allen
Bought by
Four Seasons Rental Prop Llc

Purchase Details

Closed on
Mar 2, 2021
Sold by
Four Seasons Rental Properties Llc
Bought by
Vantran Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2019
Closed on
Oct 23, 2019
Sold by
Vantran Allen Van
Bought by
Four Seasons Rental Properties Llc
Seller's Agent
Robyne Roveccio
Realty ONE Group
Buyer's Agent
Robert Tolnai
Best Homes Real Estate
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$225,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2019
Closed on
Oct 4, 2019
Sold by
Reef Point Llc
Bought by
Vantran Allen
Seller's Agent
Robyne Roveccio
Realty ONE Group
Buyer's Agent
Robert Tolnai
Best Homes Real Estate
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2011
Sold by
Reiff Jane L S
Bought by
Reiff Bill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2011
Sold by
Fox Russell E and Fox Sandra Karen
Bought by
Reiff Bill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2003
Sold by
Kensington Holdings Llc
Bought by
Fox Russell E and Fox Sandra Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2002
Sold by
Consolidated Property Investments Corp
Bought by
Kensington Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
6.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 20, 2002
Sold by
Falbrock Prop Llc
Bought by
Consolidated Property Investments Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
6.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 10, 2001
Sold by
Nunez Joshua and Nunez Eneida E
Bought by
Falbrook Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000
Interest Rate
6.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 4, 1998
Sold by
Fisher Archie R and Fisher Mary E
Bought by
Nunez Joshua and Nunez Eneida E

Purchase Details

Closed on
Oct 7, 1997
Sold by
Serrano Robert and Serrano Judy
Bought by
Fisher Archie R and Fisher Mary E
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

Date Buyer Sale Price Title Company
2441 E Wood St Az Llc -- --
Vantran Allen -- None Listed On Document
Four Seasons Rental Prop Llc -- Accommodation
Vantran Allen -- Thomas Title & Escrow
Four Seasons Rental Properties Llc -- None Available
Vantran Allen $300,000 Great American Ttl Agcy Inc
Reiff Bill -- Empire West Title Agency
Reiff Bill $54,000 Empire West Title Agency
Fox Russell E $190,000 Metro Title Agency
Kensington Holdings Llc -- Metro Title Agency
Consolidated Property Investments Corp $28,000 Metro Title Agency
Falbrook Prop Llc $10,000 Stewart Title & Trust
Nunez Joshua $6,000 --
Fisher Archie R $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vantran Allen $217,000
Previous Owner Vantran Allen $225,000
Previous Owner Reiff Bill $40,000
Previous Owner Reiff Bill $40,000
Previous Owner Fox Russell E $171,000
Previous Owner Consolidated Property Investments Corp $26,000
Previous Owner Falbrook Prop Llc $7,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2019 10/10/19 Sold $300,000 -7.7% $119 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
07/28/2019 07/28/19 For Sale $325,000 -- $129 / 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 $1,326 $8,791 -- --
2024 $1,255 $8,372 -- --
2023 $1,255 $39,560 $7,910 $31,650
2022 $1,229 $24,760 $4,950 $19,810
2021 $1,255 $20,110 $4,020 $16,090
2020 $1,239 $18,130 $3,620 $14,510
2019 $1,199 $16,620 $3,320 $13,300
2018 $1,167 $13,810 $2,760 $11,050
2017 $1,112 $11,330 $2,260 $9,070
2016 $1,058 $9,980 $1,990 $7,990
2015 $996 $7,980 $1,590 $6,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5957925

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-21-073