NOT LISTED FOR SALE

Estimated Value: $360,241 - $500,000

Studio
-- Bath
1,536 Sq Ft
$279/Sq Ft Est. Value

Last Sold November 17, 2014

Last sale price $165,000 $107 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,281/month

57 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Phoenix Coding Academy Rated A
  • Floor Furnace

About This Home

As of November 2014

11% CAP!! COMPLETELY REMODELED in 2014!! New AC's new dual pane windows, new electric throughout, roof, tile, paint and much more...No deferred maint. here...400 a month per unit! 1 (large)bedroom, 1 bathroom 1 level apartment home's. All units are individually metered... This property is located close to schools, shopping, restaurants, quick easy access to the freeways and minutes to the airport. No carpet in these units, tile throughout. Stable tenants with 1yr leases in place...Drive by only... Call listing agent for showing.

Last Agent to Sell the Property

James Yancey

Gentry Real Estate License #SA623899000 Listed on: 08/27/2014

Gentry Real Estate

Last Buyer's Agent

Shane Saunders

My Home Group Real Estate License #SA627397000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $405

Year Built

  • Built in 1950

Lot Details

  • 6,926

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces

Schools

  • Creighton Elementary School
  • Curiel Annex High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wall Furnace
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 24
  • Assessor Parcel Number 121-78-010

Community Details

Overview

  • 4 Units
  • Building Dimensions are --
  • Cash Flow!!! Subdivision

Building Details

  • Operating Expense $2,925
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$405

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 25th Street & McDowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: muti family
  • Number Of Buildings: 1
  • Year Built: 1950
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Subdivision Name: CASH FLOW!!!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:None30: Yes

Utilities

  • Electric: SRP
  • Cooling: Wall/Window Unit(s)
  • Heating: Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1920.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: Curiel Annex School
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: --
  • Additional Parcels: No
  • Parcel #: 121-78-010

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Property Net Operating Income: 19200.0
  • Annual Operating Expense: 2925.0

Tax Info

  • Tax Annual Amount: 405.0
  • Tax Book Number: 121.00
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2014
Closed on
Nov 21, 2014
Sold by
Woodworth Ron
Bought by
Oakes Brent
Seller's Agent
James Yancey
Gentry Real Estate
Buyer's Agent
Shane Saunders
My Home Group Real Estate
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%
Current Estimated Value
$428,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,310
Avg. Annual Appreciation
8.90%
Original Mortgage
$123,750
Outstanding Balance
$94,411
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$333,899

Purchase Details

Listed on
Nov 14, 2013
Closed on
Jan 29, 2014
Sold by
Woodworth Patricia
Bought by
Woodworth Ron
Seller's Agent
Art Welch
Superstars Realty
Buyer's Agent
James Yancey
Gentry Real Estate
List Price
$84,000
Sold Price
$83,000
Premium/Discount to List
-$1,000
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
141.31%
Original Mortgage
$68,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 14, 2013
Closed on
Jan 21, 2014
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Woodworth Ron
Seller's Agent
Art Welch
Superstars Realty
Buyer's Agent
James Yancey
Gentry Real Estate
List Price
$84,000
Sold Price
$83,000
Premium/Discount to List
-$1,000
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 16, 2003
Sold by
Perez Sergio O and Perez Diana
Bought by
Chavez Guadalupe and Delosangeles Chavez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,360
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 1999
Sold by
Diaz Armando
Bought by
Perez Sergio O and Perez Diana

Purchase Details

Closed on
Oct 28, 1998
Sold by
Hossa Edward J and Hossa Julie A
Bought by
Beecroft Roger and Beecroft Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,491
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 1998
Sold by
Beecroft Roger and Beecroft Rachel
Bought by
Diaz Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,491
Interest Rate
6.6%
Mortgage Type
FHA
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Oakes Brent $165,000 Old Republic Title Agency
Woodworth Ron -- Fidelity National Title Agen
Woodworth Ron $83,000 Fidelity National Title Agen
The Secretary Of Housing & Urban Develop -- None Available
Bac Home Loans Servicing Lp $144,249 First American Title
Chavez Guadalupe $138,500 Fidelity National Title
Perez Sergio O -- --
Beecroft Roger $62,000 Security Title Agency
Diaz Armando $78,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oakes Brent $123,750
Previous Owner Woodworth Ron $68,000
Previous Owner Chavez Guadalupe $136,360
Previous Owner Diaz Armando $77,491
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2014 11/17/14 Sold $165,000 -2.9% $107 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
08/26/2014 08/26/14 For Sale $170,000 +104.8% $111 / Sq Ft
02/06/2014 02/06/14 Sold $83,000 -1.2% $54 / Sq Ft View Prior Sale
12/12/2013 12/12/13 Pending -- -- --
11/14/2013 11/14/13 For Sale $84,000 -- $55 / 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 $752 $5,572 -- --
2024 $716 $5,306 -- --
2023 $716 $26,850 $5,370 $21,480
2022 $688 $19,830 $3,960 $15,870
2021 $705 $16,030 $3,200 $12,830
2020 $688 $13,020 $2,600 $10,420
2019 $683 $10,270 $2,050 $8,220
2018 $669 $8,180 $1,630 $6,550
2017 $643 $8,630 $1,720 $6,910
2016 $618 $6,830 $1,360 $5,470
2015 $575 $5,430 $1,080 $4,350
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5163036

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-78-010