NOT LISTED FOR SALE

Estimated Value: $752,000 - $895,000

6 Beds
-- Bath
2,261 Sq Ft
$373/Sq Ft Est. Value

Last Sold November 07, 2021

Last sale price $720,000 $318 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,862/month

5 Days on Market

Highlights

  • Cooling Available
  • Community Barbecue Grill
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of November 2021

LOCATION LOCATION LOCATION! Triplex at 24th Street & Indian School. New roof, new HVACs, new exterior paint, and a complete landscape overhaul all within the last 2 years.

Zoned R3, oversized lot offers expansion/redevelopment opportunity. Huge upside in rents. All tenants MtM.

Do not disturb tenants please.

Last Listed By

Bill Scheidt

PMI East Valley License #BR649356000 Listed on: 09/04/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,699

Year Built

  • Built in 1950

Lot Details

  • 0.35

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 9 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Creighton Elementary School
  • Phoenix Union - Wilson College Preparatory High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water
  • Tax Lot MB
  • Assessor Parcel Number 119-04-129-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 120X149

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $9,354
  • Gross Income $28,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,699

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 24TH ST AND INDIAN SCHOOL
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1950
  • Tax Year: 2021
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 1440.0
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Boundary Survey Avlb
  • Construction Type: Other, See Remarks, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Heat Pump, Ceiling Fan(s)
  • Heating: Heat Pump, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Community Amenities:Barbecue: Yes

Fee Information

  • Annual Water Sewer Expense: 3084.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: Phoenix Union - Wilson College Preparatory
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 120X149
  • Additional Parcels: No
  • Parcel #: 119-04-129-A

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 3
  • Electric Expense: 468.0
  • Annual Gross Income: 28080.0
  • Insurance Expense: 1558.0
  • Maintenance Expense: 1000.0
  • Annual Operating Expense: 9354.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1699.0
  • Tax Book Number: 119.00
  • Tax Lot: MB

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2021
Closed on
Oct 12, 2021
Sold by
Crowley David D and Dacquisto Dale J
Bought by
Amelia Apartments Llc
Seller's Agent
Bill Scheidt
PMI East Valley
Buyer's Agent
Hailey Creason
Sundial Real Estate
List Price
$720,000
Sold Price
$720,000
Total Days on Market
5
Current Estimated Value
$842,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,524
Avg. Annual Appreciation
4.83%
Original Mortgage
$540,000
Outstanding Balance
$503,558
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$347,645

Purchase Details

Closed on
Jun 8, 2021
Sold by
Crowley David D
Bought by
Crowley David D and Dacquisto Dale J

Purchase Details

Closed on
Oct 27, 2016
Sold by
Crowley David
Bought by
Dale Dacquisto Dale and Acquisto Dale D

Purchase Details

Closed on
Jan 25, 2001
Sold by
Mckeown Norman G and Brooks Bernice A
Bought by
Crowley David D

Purchase Details

Closed on
Jan 6, 1997
Sold by
Mckeown Norman G and Mckeown Madeline
Bought by
Mckeown Norman G

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
Amelia Apartments Llc $720,000 Commonwealth Land Ttl Ins Co
Crowley David D -- None Available
Dale Dacquisto Dale -- None Available
Crowley David D $142,500 Stewart Title & Trust
Mckeown Norman G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amelia Apartments Llc $540,000
Previous Owner Crowley David D $148,000
Previous Owner Crowley David D $104,000
Previous Owner Crowley David D $71,750
Previous Owner Crowley David D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2021 11/07/21 Sold $720,000 0.0% $318 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/04/2021 09/04/21 For Sale $720,000 -- $318 / 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 $1,746 $13,431 -- --
2024 $1,726 $12,791 -- --
2023 $1,726 $51,930 $10,380 $41,550
2022 $1,658 $37,370 $7,470 $29,900
2021 $1,699 $36,410 $7,280 $29,130
2020 $1,657 $30,930 $6,180 $24,750
2019 $1,646 $23,980 $4,790 $19,190
2018 $1,612 $20,650 $4,130 $16,520
2017 $1,549 $18,050 $3,610 $14,440
2016 $1,489 $15,130 $3,020 $12,110
2015 $1,386 $12,950 $2,590 $10,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6289352

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-04-129A