NOT LISTED FOR SALE

Estimated Value: $800,000 - $881,000

9 Beds
5 Baths
-- Sq Ft
0.3 Acres

Last Sold January 04, 2012

Last sale price $110,000

Est. 664% increase in value since last sale

Current estimated payment $4,606/month

295 Days on Market

Highlights

  • Cooling Available
  • Painted or Stained Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of January 2012

GREAT OPPORTUNITY FOR AN INVESTMENT! SUBMIT YOUR BEST AND HIGHEST OFFER ASAP! LENDER IS ASKING FOR $110,000.00!!! SHORT SALE

Last Agent to Sell the Property

Guillermo Fernandez

Devstar Realty License #SA557996000 Listed on: 01/18/2011

Last Buyer's Agent

Luis Montano

Planet Realty License #SA561732000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,802

Year Built

  • Built in 1960

Lot Details

  • 0.3

Home Design

  • Composition Shingle Roof
  • Block Exterior

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Painted or Stained Flooring
  • Ceramic Tile

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • $1,669 per year Dock Fee
  • 4 Units
  • Building Dimensions are 140 x 84

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,802

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Tax Municipality: Maricopa - COUNTY
  • Appliances Included: F/S Oven/Range, Refrigerator
  • Construction Finish: Painted
  • Cross Street: 48th St & Thomas
  • Floors: Ceramic Tile
  • Legal Info Lot Number: 18
  • Roads Streets: Asphalt
  • Property Type: F
  • Hundred Block: 2500
  • Legal Description Abbrev: STAFFORD VILLAGE 3
  • Marketing Name: Apartments
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 4.00
  • Map Code Grid: P36
  • Year Built: 1960
  • Tax Year: 2010
  • Directions: South on 48th Street to Virginia, turn left, then turn right on 49th St.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished

Exterior Features

  • Roofing: Comp Shingle
  • Construction: Block

Garage/Parking

  • Parking: <1 Space Per Unit
  • Total Parking Spaces: 4.00

Utilities

  • Water: City Franchise
  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric

Condo/Co-op/Association

  • Community Amenities: No Pool

Lot Info

  • Lot Size: 140 x 84

Multi Family

  • Income And Expenses Annual Maint Exp: 540.00
  • Income And Expenses Annual Water Sewer Exp: 2880.00
  • Income And Expenses Net Operating Income: 17700.00
  • Income And Expenses Operating Exp: 5089.00
  • Income And Expenses Totl Mnth Rntal Inc: 21600.00
  • Number Of One Bedroom Units: 2
  • Number Of Three Bedroom Units: 1
  • Number Of Two Bedroom Units: 2
  • One Bedroom Units Avg Rent: 650.00
  • One Bedroom Units Baths: 1
  • Owner Pays: Water
  • Tenant Pays: Electric
  • Three Bedroom Units Avg Rent: 500.00
  • Three Bedroom Units Baths: 1
  • Total Numberof Buildings: 1
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Rent: 650.00
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 1669.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2015
Sold by
Deng Doris L and Deng Zu Yi
Bought by
Deng 2529 Llc
Current Estimated Value
$840,500

Purchase Details

Closed on
May 2, 2013
Sold by
Chow Hing Kee and Chow Linda Situ
Bought by
Deng Doris and Deng Zuyi

Purchase Details

Listed on
Jan 18, 2011
Closed on
Dec 30, 2011
Sold by
Cardoza Eduardo and Cardoza Norma
Bought by
Chow Hing Kee and Cho Linda Situ
Seller's Agent
Guillermo Fernandez
Devstar Realty
Buyer's Agent
Luis Montano
Planet Realty
List Price
$40,000
Sold Price
$110,000
Premium/Discount to List
$70,000
175%

Purchase Details

Closed on
Nov 1, 2007
Sold by
Munoz Maria S
Bought by
Cardoza Eduardo and Cardoza Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2007
Sold by
Pawlicki Virginia
Bought by
Munoz Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
6.42%
Mortgage Type
Balloon

Purchase Details

Closed on
May 3, 2007
Sold by
Pawlicki Virginia
Bought by
Munoz Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
6.42%
Mortgage Type
Balloon
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 Buyer Sale Price Title Company
Deng 2529 Llc -- None Available
Deng Doris -- None Available
Chow Hing Kee $110,000 Old Republic Title Agency
Cardoza Eduardo $460,000 Camelback Title Agency Llc
Munoz Maria S $307,000 Camelback Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cardoza Eduardo $345,000
Previous Owner Munoz Maria S $245,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2012 01/04/12 Sold $110,000 +175.0% --
11/09/2011 11/09/11 Pending -- -- --
01/18/2011 01/18/11 For Sale $40,000 -- --
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 $1,802 $15,004 -- --
2024 $1,785 $14,290 -- --
2023 $1,785 $57,070 $11,410 $45,660
2022 $1,721 $38,280 $7,650 $30,630
2021 $1,749 $33,470 $6,690 $26,780
2020 $1,717 $28,970 $5,790 $23,180
2019 $1,710 $25,170 $5,030 $20,140
2018 $1,611 $23,550 $4,710 $18,840
2017 $1,543 $17,450 $3,490 $13,960
2016 $1,510 $14,850 $2,970 $11,880
2015 $1,417 $13,050 $2,610 $10,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4539541

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-17-042