NOT LISTED FOR SALE
4 Beds
4 Baths
1,792 Sq Ft
7,405 Sq Ft Lot

Last Sold October 21, 2022

Last sale price $275,000 $153 Per Sq Ft

41 Days on Market

Highlights

  • Evaporated cooling system
  • Ceiling Fan
  • Heating Available
  • Ceramic Tile Flooring

About This Home

As of October 2022

Tremendous upside potential!!! Duplex property located on a corner lot with large 2/1 floor plans (896 sqft each) and an additional standalone building/studio approximately 300 sqft with electric and hot & cold water and drywall finished inside. Both units include ceramic flooring, private off street parking, eat in kitchen and washer and dryer hook up. The standalone building has been rented in the past as an office, workshop or living space studio. The tenants are long term, on moth to month leases and paying below market rents. Rents can be substantially increased with out making improvements to the property. A new roof and one new evaporative cooler just install.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 08/13/2022

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,640

Year Built

  • Built in 1980

Lot Details

  • 7,405

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit

Utilities

  • Evaporated cooling system
  • Heating Available

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 110-07-146

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 56'x134'
  • Catalina Farms Subdivision

Building Details

  • Operating Expense $5,600
  • Gross Income $18,000
  • Net Operating Income $12,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,640

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Alvernon & Glenn Rds
  • Legal Info Range: 14
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2021
  • Directions: Alvernon & Glenn roads, east to Fair Oaks, south to property. NE corner of Fair Oaks & Flower.
  • Road Surface Type: Asphalt
  • Subdivision Name: CATALINA FARMS
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • 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 Features >1 Space Per Unit: Yes

Utilities

  • Electric: City Electric
  • Cooling: Ceiling Fan(s), Evaporative Cooling
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Lot Info

  • Lot Size: 56'x134'
  • Additional Parcels: No
  • Parcel #: 110-07-146

Multi Family

  • Owner Pays: Other
  • Number Of Units Total: 2
  • Annual Gross Income: 18000.0
  • Insurance Expense: 960.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 12400.0
  • Annual Operating Expense: 5600.0

Tax Info

  • Tax Annual Amount: 1640.0
  • Tax Block: 0
  • Tax Book Number: 110.00
  • Tax Lot: 00015

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $275,000 -6.8% $153 / Sq Ft
08/13/2022 08/13/22 For Sale $295,000 -- $165 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6450459

Arizona Regional Multiple Listing Service (ARMLS)