$156,000
SOLD JUN 26, 2015

Phoenix, AZ 85017

Grandview Neighborhood
-- Bed
-- Bath
2,896 Sq Ft
0.25 Acres

Recently Sold

$54 Per Sq Ft

5% Below List Price

6 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Washington High School Rated A-

About This Home

As of August 2021

Great return on investment. The three units currently rented average $520/month in rent. Excellent location with easy freeway access, and near lots of shopping and schools. Each unit is 2 bedrooms and 1 bathroom with tiled flooring throughout. Rent the fourth unit out for amazing cash flow or live there for free. PLEASE DO NOT DISTURB THE TENANTS.

Last Agent to Sell the Property

Daniel Shenkman

Keller Williams Realty Phoenix License #SA549480000 Listed on: 04/27/2015

Keller Williams Realty Phoenix

Last Buyer's Agent

Daniel Shenkman

Keller Williams Realty East Valley License #SA549480000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1959

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 20 / 1
  • Assessor Parcel Number 156-01-025-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are Irregular
  • Krall's Homesites Subdivision

Building Details

  • Operating Expense $1,164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,164

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 27th Ave. and Glendale Ave.
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: mukti-family
  • Number Of Buildings: 1
  • Year Built: 1959
  • Tax Year: 2014
  • Directions: South on 27th Ave. East on Ocotillo Rd. Property will be on your left.
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: KRALL'S HOMESITES
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: Irregular
  • Additional Parcels: No
  • Parcel #: 156-01-025-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1164.0

Tax Info

  • Tax Annual Amount: 1164.0
  • Tax Block: 1
  • Tax Book Number: 156.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Aug 12, 2021
Sold by
Cribbs Ian
Bought by
Ndtco
Seller's Agent
Jay Culton
HomeSmart
Buyer's Agent
Michael Bennett
ATLAS AZ, LLC
List Price
$539,900
Sold Price
$550,000
Premium/Discount to List
$10,100
1.87%
Total Days on Market
6
Current Estimated Value
$610,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,838
Avg. Annual Appreciation
2.79%
Original Mortgage
$222,800
Outstanding Balance
$173,786
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$437,052

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jun 30, 2020
Sold by
Cribbs Brenda and Cribbs Ian
Bought by
Cribbs Ian and Cribbs Brenda
Seller's Agent
Jason Mendoza
My Rental Superstore
Buyer's Agent
Penny Parker
Keller Williams Arizona Realty
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.06%
Original Mortgage
$255,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jun 26, 2020
Sold by
Navarrete Maria Sandra
Bought by
Cribbs Ian
Seller's Agent
Jason Mendoza
My Rental Superstore
Buyer's Agent
Penny Parker
Keller Williams Arizona Realty
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 24, 2015
Sold by
Navarrete Larry and Navarrete Maria Sandra
Bought by
Navarrete Maria Sandra
Seller's Agent
Daniel Shenkman
Keller Williams Realty Phoenix
Buyer's Agent
Daniel Shenkman
Keller Williams Realty Phoenix
List Price
$164,900
Sold Price
$156,000
Premium/Discount to List
-$8,900
-5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%
Original Mortgage
$109,200
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2014
Sold by
1055 N Recker Unit 1232 Llc
Bought by
2512 W Ocotillo Llc

Purchase Details

Listed on
Jul 3, 2014
Closed on
Aug 27, 2014
Sold by
Nguyen Tam
Bought by
Mall Kaushal
Seller's Agent
Nga Gibson
West USA Realty
Buyer's Agent
Daniel Shenkman
Keller Williams Realty Phoenix
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.67%
Original Mortgage
$97,930
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Pham Julie Khanh Kim Thi
Bought by
Nguyen Tam

Purchase Details

Closed on
Aug 7, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Khanh Julie and Pham Kim Thi

Purchase Details

Closed on
Jun 1, 2009
Sold by
Rodriguez Rigoberto
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 17, 2007
Sold by
Valdovinos Bolivar and Gallegos Elvira Moras
Bought by
Rodriguez Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 11, 2006
Sold by
Rodriguez Patricia J
Bought by
Rodriguez Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 23, 2004
Sold by
Vega Francisco A
Bought by
Valdovinos Bolivar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2000
Sold by
Navas Edwin A
Bought by
Vega Francisco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,107
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 1994
Sold by
Deciutiis Ernest and Deciutiis Laura
Bought by
Navas Edwin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,301
Interest Rate
8.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 1994
Sold by
Stephenson James P and Stephenson Elizabeth A
Bought by
Deciutiis Ernest and Deciutiis Laura
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $550,000 First Integrity Ttl Agcy Of
Interfamily Deed Transfer -- Valleywide Title Agency
Warranty Deed $340,000 Valleywide Title Agency
Interfamily Deed Transfer -- First Arizona Title Agency
Warranty Deed $156,000 First Arizona Title Agency
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Warranty Deed $139,900 First American Title Ins Co
Cash Sale Deed $70,000 American Title Service Agenc
Cash Sale Deed $70,000 Great American Title Agency
Trustee Deed $81,000 Servicelink
Warranty Deed $325,000 Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Warranty Deed $203,000 Fidelity National Title
Warranty Deed $133,000 Capital Title Agency
Warranty Deed $78,000 Fidelity Title
Cash Sale Deed $70,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $222,800 New Conventional
Previous Owner $255,000 New Conventional
Previous Owner $109,200 New Conventional
Previous Owner $97,930 New Conventional
Previous Owner $48,750 Stand Alone Second
Previous Owner $260,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $162,400 Purchase Money Mortgage
Previous Owner $132,107 FHA
Previous Owner $77,301 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $550,000 +1.9% $190 / Sq Ft
07/13/2021 07/13/21 Price Changed $539,900 0.0% $186 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $539,900 +58.8% $186 / Sq Ft
06/30/2020 06/30/20 Sold $340,000 -4.2% $117 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/22/2020 05/22/20 Price Changed $355,000 0.0% $123 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/12/2020 05/12/20 Price Changed $355,000 -1.1% $123 / Sq Ft
03/30/2020 03/30/20 For Sale $359,000 0.0% $124 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $359,000 +130.1% $124 / Sq Ft
06/26/2015 06/26/15 Sold $156,000 -5.4% $54 / Sq Ft
05/03/2015 05/03/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $164,900 +17.9% $57 / Sq Ft
09/03/2014 09/03/14 Sold $139,900 0.0% $48 / Sq Ft
07/06/2014 07/06/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $139,900 -- $48 / 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 $1,377 $11,263 -- --
2024 $1,352 $10,726 -- --
2023 $1,352 $38,520 $7,700 $30,820
2022 $1,308 $29,610 $5,920 $23,690
2021 $1,325 $26,370 $5,270 $21,100
2020 $1,292 $22,200 $4,440 $17,760
2019 $1,268 $18,380 $3,670 $14,710
2018 $1,235 $14,980 $2,990 $11,990
2017 $1,229 $14,710 $2,940 $11,770
2016 $1,207 $12,280 $2,450 $9,830
2015 $1,117 $10,660 $2,130 $8,530
Source: Public Records

Agents Affiliated with this Home

  • Jay Culton

    Seller's Agent in 2021

    Jay Culton

    HomeSmart

    (602) 616-5999

    1 in this area

    81 Total Sales

    Jay Culton
    Section Image
  • Michael Bennett

    Buyer's Agent in 2021

    Michael Bennett

    ATLAS AZ, LLC

    (805) 886-0098

    1 in this area

    49 Total Sales

    Michael Bennett
    Section Image

  • L

    Buyer Co-Listing Agent in 2021

    Larry Burr

    ATLAS AZ, LLC

    (480) 828-3283

    1 in this area

    94 Total Sales

    Larry Burr
    Section Image

  • J

    Seller's Agent in 2020

    Jason Mendoza

    My Rental Superstore

    (602) 327-5584

    1 in this area

    29 Total Sales

    Jason Mendoza
    Section Image
  • Penny Parker

    Buyer's Agent in 2020

    Penny Parker

    Keller Williams Arizona Realty

    (602) 697-9638

    2 in this area

    85 Total Sales

    Penny Parker
    Section Image

  • D

    Seller's Agent in 2015

    Daniel Shenkman

    Keller Williams Realty Phoenix

    (480) 751-5300

    Section Image
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5271395

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-01-025C

Arizona Maricopa County Phoenix 85017

Grandview

This home and is currently priced at $156,000, approximately $53 per square foot. This property was built in 1959. This home is a home located in Maricopa County with nearby schools including Washington Elementary School, Palo Verde Middle School, and Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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