NOT LISTED FOR SALE

Estimated Value: $569,847 - $707,000

Studio
-- Bath
3,124 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $555,000 $178 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,291/month

20 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of September 2022

Fantastic centrally located Triplex income property!! Two 3bd/2ba units and one 2bd/1ba. State-of-the-art camera security system monitoring, concrete entrance and large parking area in back. Three designated parking spaces plus overflow parking. Three exterior storage closets for tenants with one being a laundry room for one tenant exclusively. Other two units have interior laundry. Great renter history with stable long term renters. Well maintained property with dual pane windows, interior texture/paint, cabinets/countertops, plumbing/electric fixtures, appliances, stucco exterior, exterior paint, exterior staircase, landscape, fencing, etc. Rent is under market value. Please do not disturb tenants. Great income property and opportunity.

Last Agent to Sell the Property

Elizabeth Harris

Liz Harris Realty License #BR564399000 Listed on: 07/27/2022

Last Buyer's Agent

Edson Salas

ES Realty License #BR578194000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $845

Year Built

  • Built in 1986

Lot Details

  • 7,797

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Assigned Parking

Schools

  • Roosevelt Elementary School
  • Percy L Julian Middle School
  • South Mountain High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water
  • Tax Lot 54
  • Assessor Parcel Number 122-57-038

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7,775
  • Broadway Estates E2 Lot 54 Subdivision

Building Details

  • Operating Expense $845
  • Gross Income $32,400
  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$845

Year Built

Built in 1986

Lot Details

7,797 Sq Ft Lot

Listing Details

  • Cross Street: 24th Street and Broadway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1986
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: BROADWAY ESTATES E2 LOT 54
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Middle Or Junior School: Percy L Julian School

Lot Info

  • Lot Size: 7,775
  • Additional Parcels: No
  • Parcel #: 122-57-038

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 32400.0
  • Property Net Operating Income: 27000.0
  • Annual Operating Expense: 845.0

Tax Info

  • Tax Annual Amount: 845.0
  • Tax Book Number: 122.00
  • Tax Lot: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Sep 9, 2022
Sold by
Hrubes Larry J
Bought by
Felix Eliud Isai
Seller's Agent
Elizabeth Harris
Liz Harris Realty
Buyer's Agent
Edson Salas
ES Realty
List Price
$549,900
Sold Price
$555,000
Premium/Discount to List
$5,100
0.93%
Views
8
Current Estimated Value
$624,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,462
Avg. Annual Appreciation
3.49%
Original Mortgage
$440,000
Outstanding Balance
$420,536
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$203,926

Purchase Details

Listed on
Oct 16, 2016
Closed on
Feb 15, 2017
Sold by
Freeman Larry Joe and Thoeny Tabitha C
Bought by
Hrubes Larry
Seller's Agent
Larry Freeman
My Home Group Real Estate
Buyer's Agent
Rocke Vacanti
Realty ONE Group
List Price
$225,000
Sold Price
$193,000
Premium/Discount to List
-$32,000
-14.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.39%
Original Mortgage
$144,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2016
Sold by
Reiff Bill
Bought by
Freeman Larry Joe and Thoeny Tabitha C

Purchase Details

Closed on
Dec 12, 2012
Sold by
Portugal Christine
Bought by
Reiff Bill and Freeman Larry Joe

Purchase Details

Closed on
Apr 18, 2012
Sold by
Bakerson Llc
Bought by
Portugal Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
3.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 12, 2012
Sold by
Michael Freed Sp Llc
Bought by
Halbert Daniel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
3.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 2, 2011
Sold by
Ldw Properties Llc
Bought by
Logan John E

Purchase Details

Closed on
Jan 27, 2011
Sold by
Ldw Properties Llc
Bought by
Logan John E

Purchase Details

Closed on
Mar 17, 2009
Sold by
Citimortgage Inc
Bought by
Ldw Properties Llc

Purchase Details

Closed on
Jan 22, 2009
Sold by
Olsen Wendi Rae
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Sep 2, 2003
Sold by
Olsen Allan Gary
Bought by
Olsen Wendi Rae

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
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2000
Sold by
Anderson Ramon B and Anderson Joyce S
Bought by
Olsen Allan Gary and Olsen Wendi Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
8.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 2, 1998
Sold by
Anderson Ramon B and Anderson Joyce S
Bought by
Anderson Ramon B and Anderson Joyce S

Purchase Details

Closed on
Jan 1, 1995
Sold by
Anderson Ramon B and Anderson Joyce S
Bought by
Anderson Ramon B and Anderson Joyce S
Source: Public Records
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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
Felix Eliud Isai $555,000 --
Hrubes Larry $193,000 Great American Title Agency
Freeman Larry Joe -- None Available
Reiff Bill $59,000 Great American Title Agency
Portugal Christine $72,000 Security Title Agency
Bakerson Llc -- Security Title Agency
Halbert Daniel S $60,000 Security Title Agency
Logan John E -- Fidelity Natl Title Agency I
Michael Freed Sp Llc $33,516 Fidelity Natl Title Agency I
Logan John -- Fidelity Natl Title Agency I
Logan John E -- None Available
Ldw Properties Llc $40,000 The Talon Group Arrowhead
Citimortgage Inc -- The Talon Group Arrowhead
Aurora Loan Services Llc $112,057 First American Title
Olsen Wendi Rae -- North American Title Co
Olsen Allan Gary -- Stewart Title & Trust
Anderson Ramon B -- --
Anderson Ramon B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felix Eliud Isai $440,000
Previous Owner Hrubes Larry $144,750
Previous Owner Portugal Christine $59,000
Previous Owner Olsen Wendi Rae $112,000
Previous Owner Olsen Allan Gary $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2022 09/09/22 Sold $555,000 +0.9% $178 / Sq Ft
09/01/2022 09/01/22 For Sale $549,900 0.0% $176 / Sq Ft
09/01/2022 09/01/22 Price Changed $549,900 0.0% $176 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/14/2022 08/14/22 For Sale $549,900 0.0% $176 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $549,900 +184.9% $176 / Sq Ft
03/28/2017 03/28/17 Sold $193,000 -1.0% $62 / Sq Ft View Prior Sale
02/17/2017 02/17/17 Price Changed $195,000 0.0% $62 / Sq Ft
02/12/2017 02/12/17 Pending -- -- --
02/10/2017 02/10/17 Price Changed $195,000 -7.1% $62 / Sq Ft
01/18/2017 01/18/17 Price Changed $210,000 -4.5% $67 / Sq Ft
12/09/2016 12/09/16 Price Changed $220,000 -0.5% $70 / Sq Ft
11/28/2016 11/28/16 Price Changed $221,000 -0.5% $71 / Sq Ft
11/19/2016 11/19/16 Price Changed $222,000 -0.9% $71 / Sq Ft
11/11/2016 11/11/16 Price Changed $224,000 -0.4% $72 / Sq Ft
10/16/2016 10/16/16 For Sale $225,000 -- $72 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $893 $5,922 -- --
2024 $845 $5,640 -- --
2023 $845 $39,630 $7,920 $31,710
2022 $828 $27,760 $5,550 $22,210
2021 $845 $22,610 $4,520 $18,090
2020 $835 $18,420 $3,680 $14,740
2019 $808 $18,530 $3,700 $14,830
2018 $786 $15,110 $3,020 $12,090
2017 $749 $9,930 $1,980 $7,950
2016 $712 $8,480 $1,690 $6,790
2015 $671 $6,580 $1,310 $5,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6440255

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-57-038

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