NOT LISTED FOR SALE

Estimated Value: $319,000 - $513,014

3 Beds
1 Bath
1,159 Sq Ft
$360/Sq Ft Est. Value

Sale Details

Date Sold: July 7, 2023

Last sale price $520,000 $449 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $2,279 / mo

1 Day on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Washington High School Rated 9+
  • Ceiling Fan

About This Home

As of July 2023

Amazing investor opportunity! Rental income brings in $3,400 a month with potential to bring in more. The front house is fully remodeled that features granite throughout, new cabinets, new tile flooring, new electrical, new roof, etc. Currently being rented for $1800 a month which includes water and trash for tenants (which is less then $100 a month). Renters have lease through February 2022 and tenants are wanting to renew. Great rental with no issues! In addition to the main house there is a second home in the back of the property that was built 2 years ago and currently brings in $1,600 a month. Tenants have been there for a year and half, they always pay early or on time. This property increases rent yearly $100-$200 a month. Overall incredible opportunity!

Last Agent to Sell the Property

Justin Fromstein

West USA Realty License #BR558339000 Listed on: 06/06/2023

West USA Realty

Last Buyer's Agent

Rachel Duran

HomeSmart License #SA669304000

HomeSmart
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $779

Year Built

  • Built in 1924

Lot Details

  • 9,888

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Paved Parking
  • On-Street Parking

Schools

  • Washington Elementary School - Phoenix
  • Phoenix Coding Academy Middle School
  • Phoenix Coding Academy 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, water, sewer
  • Tax Lot 18
  • Assessor Parcel Number 157-30-018-B

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are na
  • Vista Income Estates Unit 5 Subdivision

Building Details

  • Operating Expense $2,479
  • Gross Income $38,760
  • Net Operating Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$779

Year Built

Built in 1924

Lot Details

9,888 Sq Ft Lot

Listing Details

  • Cross Street: Northern & 28th Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1924
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: VISTA INCOME ESTATES UNIT 5
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, >1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • 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

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 600.0

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Phoenix Coding Academy
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Phoenix Coding Academy

Lot Info

  • Lot Size: na
  • Additional Parcels: No
  • Parcel #: 157-30-018-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 38760.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 39600.0
  • Annual Operating Expense: 2479.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 779.0
  • Tax Book Number: 157.00
  • Tax Lot: 18

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 20, 2023
Sold by
Nottberg Jamie B and Nottberg Lindsey
Bought by
Seller's Agent
Justin Fromstein
West USA Realty
Buyer's Agent
Rachel Duran
HomeSmart
List Price
$499,900
Sold Price
$520,000
Premium/Discount to List
$20,100
4.02%
Views
9
Current Estimated Value
$400,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$119,519
Avg. Annual Appreciation
-6.71%
Original Mortgage
$390,000
Outstanding Balance
$376,202
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$40,802

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 7, 2023
Sold by
Fromstein Justin S
Bought by
Nottberg Jamie B and Pinkham Lindsey
Seller's Agent
Justin Fromstein
West USA Realty
Buyer's Agent
Rachel Duran
HomeSmart
List Price
$499,900
Sold Price
$520,000
Premium/Discount to List
$20,100
4.02%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$376,202
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$40,802

Purchase Details

Closed on
Aug 10, 2019
Sold by
Roundtable Ventures Llc
Bought by
Fromstein Justin S

Purchase Details

Closed on
Apr 18, 2018
Sold by
Dobson Real Property Management Llc
Bought by
Roundtable Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2017
Sold by
Robins Dennis D and Robins Belia E
Bought by
Belden Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2009
Sold by
Robins Dennis D and Robins Belia E
Bought by
Belden Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
Robins Dwayne G and Robins Sharon G
Bought by
Robins Dennis G and Robins Belia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Cano Mariano Vincente and Cano Jeanette G
Bought by
Robins Dwayne G and Robins Sharon G
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Alhambra, AZ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Nottberg Jamie B $520,000 Pioneer Title Services
Fromstein Justin S -- American Title Svc Agcy Llc
Roundtable Ventures Llc $125,000 Security Title Agency Inc
Belden Management Llc -- Chicago Title Agency Inc
Dobson Real Property Management Llc $100,000 Chicago Title Agency Inc
Belden Management Llc -- None Available
Robins Dennis G -- First American Title Ins Co
Robins Dwayne G -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $390,000
Previous Owner Roundtable Ventures Llc $112,000
Previous Owner Statewide Foreclosure Services Inc $100,000
Previous Owner Belden Management Llc $66,000
Previous Owner Robins Dennis G $60,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $520,000 +4.0% $449 / Sq Ft
06/07/2023 06/07/23 For Sale $499,900 -- $431 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $842 $6,622
2024 $795 $6,307
2023 $795 $23,070 $4,610 $18,460
2022 $769 $15,870 $3,170 $12,700
2021 $779 $14,320 $2,860 $11,460
2020 $760 $12,780 $2,550 $10,230
2019 $746 $10,710 $2,140 $8,570
2018 $726 $8,280 $1,650 $6,630
2017 $723 $7,410 $1,480 $5,930
2016 $710 $6,710 $1,340 $5,370
2015 $657 $6,680 $1,330 $5,350
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6565682

Arizona Regional Multiple Listing Service (ARMLS)

APN: 157-30-018B

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