NOT LISTED FOR SALE

Estimated Value: $628,000 - $713,759

-- Bed
-- Bath
-- Sq Ft
6,752 Sq Ft Lot

Last Sold October 01, 2014

Last sale price $220,000

Est. 212% increase in value since last sale

Current estimated payment $3,948/month

9 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Emerson Elementary School Rated 9+

About This Home

As of October 2014

JUST RESTORED IN 2014. GREAT OPPORTUNITY TO OWN THIS CHARMING TRIPLEX IN THE SOUGHT CORONADO HISTORIC DISTRIC. EXTENSIVE RENOVATING JUST OCCURRED IN 2014 ON THESE UNITS/BUILDINGS. THIS TRIPLEX HAS A NEW ROOF, ALL NEW WINDOWS, NEW ELECTRICAL, NEW PLUMBING, NEW FIXURES, BATHROOMS, KITCHEN, APPLIANCES, STUCCO, PAINT, DRYWALL, FIXURES ETC.

Last Agent to Sell the Property

David Arthur

David M Arthur License #BR575944000 Listed on: 08/25/2014

Last Buyer's Agent

Amy Andelora

HomeSmart License #SA646282000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,394

Year Built

  • Built in 1935

Lot Details

  • 6,752

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco
  • Adobe

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • 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, landscaping
  • Tax Lot 119
  • Assessor Parcel Number 117-27-048

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are IRR
  • Coronado Historic District Subdivision

Building Details

  • Operating Expense $5,277
  • Gross Income $22,464
  • Net Operating Income $20,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,394

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Cross Street: 7TH STREET/THOMAS
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1935
  • Tax Year: 2013
  • Directions: SOUTH TO 7TH ST TO VIRGINIA. EAST TO DAYTON - SOUTH TO PROPERTY
  • Road Surface Type: Asphalt
  • Subdivision Name: CORONADO HISTORIC DISTRICT
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Wood
  • Appliances: BI Oven/Range, Washer/Dryer, W/D Hookup
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Adobe, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Construction:Adobe: Yes

Garage/Parking

  • Parking Features: Add'l Parking Avail, 1 Space/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:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Central A/C, Wall/Window Unit(s)
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 30.0
  • Annual Water Sewer Expense: 1340.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 117-27-048

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 22464.0
  • Insurance Expense: 863.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 20150.0
  • Annual Operating Expense: 5277.0
  • Vacancy Allowance Rate: 0.04

Tax Info

  • Tax Annual Amount: 1394.0
  • Tax Book Number: 117.00
  • Tax Lot: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Urban Park Properties Llc
Bought by
Berger Steven J and Andelora Amy L
Current Estimated Value
$685,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,850
Outstanding Balance
$338,478
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$339,143

Purchase Details

Closed on
Jul 2, 2020
Sold by
Berger Steven J and Andelora Amy L
Bought by
Urban Park Properties Llc

Purchase Details

Listed on
Aug 25, 2014
Closed on
Sep 24, 2014
Sold by
Bear Down Properties I Llc
Bought by
Berger Steven J and Andelora Amy L
Seller's Agent
David Arthur
David M Arthur
Buyer's Agent
Amy Andelora
HomeSmart
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$165,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2011
Sold by
Noren Tim and Noren Susan
Bought by
Bear Down Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 21, 2011
Sold by
Noren Tim and Noren Susan
Bought by
Bear Down Properties I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 26, 1999
Sold by
Girasa Roy J
Bought by
Noren Timothy and Noren Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 1996
Sold by
Devean Lucy Ann and Devean Don C
Bought by
Girasa Roy John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.84%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Berger Steven J -- Pioneer Title Agency Inc
Urban Park Properties Llc -- None Available
Berger Steven J $220,000 Equity Title Agency Inc
Bear Down Properties Llc $90,000 Chicago Title
Bear Down Properties I Llc -- Chicago Title
Noren Timothy $80,000 North American Title Agency
Girasa Roy John $65,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berger Steven J $369,850
Previous Owner Berger Steven J $161,500
Previous Owner Berger Steven J $165,000
Previous Owner Bear Down Properties Llc $81,000
Previous Owner Bear Down Properties I Llc $81,000
Previous Owner Noren Timothy S $40,025
Previous Owner Noren Timothy $64,000
Previous Owner Girasa Roy John $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2014 10/01/14 Sold $220,000 -12.0% --
09/03/2014 09/03/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $250,000 -- --
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 $2,328 $17,411 -- --
2024 $2,306 $16,582 -- --
2023 $2,306 $55,700 $11,140 $44,560
2022 $2,224 $41,980 $8,390 $33,590
2021 $2,207 $37,710 $7,540 $30,170
2020 $2,233 $29,850 $5,970 $23,880
2019 $2,229 $26,280 $5,250 $21,030
2018 $2,191 $20,660 $4,130 $16,530
2017 $2,140 $20,470 $4,090 $16,380
2016 $2,079 $17,730 $3,540 $14,190
2015 $1,923 $18,580 $3,710 $14,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5162500

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-27-048