NOT LISTED FOR SALE

Estimated Value: $428,598 - $669,000

8 Beds
4 Baths
800 Sq Ft
$712/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2016

Last sale price $212,200 $265 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $3,092 / mo

13 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of November 2016

Don't miss this opportunity to purchase a fully occupied rental property in Amberwood Manor! Great upside in rents - management has already achieved $625 on the latest lease so our proforma is conservative! Families love the close proximity to Guerrero Rotary Park across the street. Each unit is 2-Bed/1Bath with an open mid-century feel. The building features individual metering, tile floors, washer/dryers hookups, and covered parking. Common area maintenance, insurance. Close to freeways, entertainment, transportation, and employment. You simply cannot find this kind of multi-family deal in the current market.

Last Agent to Sell the Property

Mark Skelpsa

HomeSmart Realty License #SA642313000 Listed on: 09/19/2016

Co-Listed By

Terry Kass

Coldwell Banker Commercial Realty License #BR503783000

Last Buyer's Agent

Yoyi Mi

Smart Choice Realty, LLC License #BR517552000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,099

Year Built

  • Built in 1985

Lot Details

  • 4,661

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 1 Open Parking Space
  • 5 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 23
  • Assessor Parcel Number 139-40-157

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Amberwood Manor Subdivision

Building Details

  • Operating Expense $1,099

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,099

Year Built

Built in 1985

Lot Details

4,661 Sq Ft Lot

Listing Details

  • Cross Street: 8th Ave and Country Club
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: gpci01
  • Co List Office Phone: 602-703-5277
  • Subdivision Name: Amberwood Manor
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, City Electric
  • Cooling: Individual, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 139-40-157

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1099.0

Tax Info

  • Tax Annual Amount: 1099.0
  • Tax Book Number: 139.00
  • Tax Lot: 23

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
Sep 19, 2016
Closed on
Nov 28, 2016
Sold by
Bought by
Seller's Agent
Mark Skelpsa
HomeSmart Realty
Buyer's Agent
Yoyi Mi
Smart Choice Realty, LLC
List Price
$216,900
Sold Price
$212,200
Premium/Discount to List
-$4,700
-2.17%
Current Estimated Value
$550,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,786
Avg. Annual Appreciation
10.77%
Original Mortgage
$155,775
Interest Rate
0.0352%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
0.0484%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
0.0421%
Mortgage Type
Unknown

Purchase Details

Closed on
May 28, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
0.025%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 22, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
0.025%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 10, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
0.0512%
Mortgage Type
New Conventional
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

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
$207,700 Driggs Title Agency Inc
$145,000 Pioneer Title Agency Inc
$72,000 Pioneer Title Agency Inc
-- None Available
-- Capital Title Agency Inc
$335,000 Capital Title Agency Inc
-- Capital Title Agency Inc
$255,000 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
Closed $155,775
Closed $108,750
Closed $110,000
Closed $52,500
Closed $26,481
Closed $268,000
Closed $268,000
Closed $165,750
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
11/18/2016 11/18/16 Sold $212,200 -2.2% $265 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $216,900 -- $271 / 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 $1,395 $14,144 -- --
2024 $1,400 $13,471 -- --
2023 $1,400 $43,100 $8,620 $34,480
2022 $1,371 $31,050 $6,210 $24,840
2021 $1,388 $24,870 $4,970 $19,900
2020 $1,370 $22,100 $4,420 $17,680
2019 $1,279 $18,270 $3,650 $14,620
2018 $1,228 $16,260 $3,250 $13,010
2017 $1,191 $14,780 $2,950 $11,830
2016 $1,169 $14,730 $2,940 $11,790
2015 $1,099 $14,600 $2,920 $11,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5499392

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-40-157

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