NOT LISTED FOR SALE

Estimated Value: $458,000 - $999,000

-- Bed
3 Baths
1,500 Sq Ft
$497/Sq Ft Est. Value

Last Sold April 09, 2019

Last sale price $450,000 $300 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,056/month

7 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of April 2019

Location! On trend and renovated vintage ranch just came on the market! It features a new kitchen and bath, new tile floor, two bedrooms and a spacious bonus space. and two covered parking spaces. There are two apartment units on the back of the property that can either serve for other members of the household or be rented to provide other income, These also were recently remodeled on current design trend and enjoy a private patio in the back and a shared porch out front, plus 2 uncovered parking spaces each. The property has extra storage at the back of the carport. Come see and buy!!

Last Agent to Sell the Property

Michele Parthum

Berkshire Hathaway HomeServices Arizona Properties License #SA649125000 Listed on: 03/02/2019

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Ryan Swan

HomeSmart License #SA661174000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,053

Year Built

  • Built in 1950

Lot Details

  • 0.36

Home Design

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

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Free Parking

Schools

  • Orangedale Junior High Prep Academy
  • Camelback High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, sewer
  • Tax Lot 21
  • Assessor Parcel Number 126-16-016

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 15,604 sq ft
  • Orangedale Tract 11,13,14,15 Subdivision

Building Details

  • Operating Expense $5,653
  • Gross Income $16,800
  • Net Operating Income $12,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,053

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 52nd St and McDowell Rd
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2018
  • Directions: From McDowell Rd head north about 1/4 of a mile. Buildings are on the west side of 52nd St
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: ORANGEDALE TRACT 11,13,14,15
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood, Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: See Remarks, Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Free, >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 600.0
  • Annual Water Sewer Expense: 1300.0

Schools

  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Orangedale Junior High Prep Academy

Lot Info

  • Lot Size: 15,604 sq ft
  • Additional Parcels: No
  • Parcel #: 126-16-016

Multi Family

  • Owner Pays: Trash Collection, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 16800.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 12200.0
  • Annual Operating Expense: 5653.0

Tax Info

  • Tax Annual Amount: 1053.0
  • Tax Book Number: 126.00
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Varhol Trent and Donnelly Spencer D
Bought by
Dv Residentials Llc
Current Estimated Value
$745,537

Purchase Details

Closed on
Aug 24, 2023
Sold by
Varhol Trent and Donnelly Spencer D
Bought by
Dv Residentials Llc

Purchase Details

Listed on
Mar 2, 2019
Closed on
Mar 22, 2019
Sold by
White Steven and White Geraldine
Bought by
Varhol Trent and Donnelly Spencer D
Seller's Agent
Michele Parthum
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Ryan Swan
HomeSmart
List Price
$465,000
Sold Price
$450,000
Premium/Discount to List
-$15,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$427,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 1998
Sold by
White Steven
Bought by
White Steven and White Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.17%
Mortgage Type
Commercial
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
Dv Residentials Llc -- None Listed On Document
Dv Residentials Llc -- None Listed On Document
Varhol Trent $450,000 Magnus Title Agency Llc
White Steven -- Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varhol Trent $427,500
Previous Owner White Steven $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2019 04/09/19 Sold $450,000 -3.2% $300 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
03/02/2019 03/02/19 For Sale $465,000 -- $310 / 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 $1,238 $10,310 -- --
2024 $1,227 $9,819 -- --
2023 $1,227 $43,760 $8,750 $35,010
2022 $1,121 $34,370 $6,870 $27,500
2021 $1,145 $31,770 $6,350 $25,420
2020 $1,124 $23,930 $4,780 $19,150
2019 $1,120 $21,030 $4,200 $16,830
2018 $1,053 $17,480 $3,490 $13,990
2017 $1,007 $14,520 $2,900 $11,620
2016 $985 $11,920 $2,380 $9,540
2015 $926 $8,730 $1,740 $6,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5890686

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-16-016