NOT LISTED FOR SALE

Estimated Value: $786,000 - $1,045,000

Studio
-- Bath
2,160 Sq Ft
$428/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $549,000 $254 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,008/month

3 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of May 2019

WOW! Fully occupied triplex in prime Biltmore location. Short jog to Arcadia-light. Turn key investment or possible owner occupant scenario. Units were completely renovated in 2015. 1 two bedroom unit with private yard and 2 one bedroom units. All units feature ceramic tile flooring, upgraded modern cabinets, granite counters w/tile backsplash. Gas ranges & stainless appliances. Fully updated baths and vanities. Dual pane windows. Each unit has it's own interior laundry. Soft water system to units. Easy care modern landscape. Each unit has 1 covered parking spot and storage unit. Rare opportunity. DO NOT WALK PROPERTY. Please call listing agent with any questions.

Last Agent to Sell the Property

Rodney Coty

Compass License #SA518074000 Listed on: 04/16/2019

Co-Listed By

Courtney Robertson

HomeSmart License #SA676059000

Last Buyer's Agent

Timothy Redelsperger

Long Realty Uptown License #SA663146000

Long Realty Uptown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,810

Year Built

  • Built in 1959

Lot Details

  • 10,193

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Schools

  • Madison Camelview Elementary School
  • Madison Park Middle School
  • Camelback High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 14
  • Assessor Parcel Number 163-08-022-C

Community Details

Overview

  • 3 Units
  • Building Dimensions are 75 X 135
  • Citrus Heights Lots 10 33 Subdivision

Building Details

  • Operating Expense $7,260
  • Gross Income $37,380
  • Net Operating Income $31,930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,810

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 24th St & Campbell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1959
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: CITRUS HEIGHTS LOTS 10-33
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Interior Amenities:Water Softener(s): Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Madison Camelview Elementary
  • High School: Camelback High School
  • Middle Or Junior School: Madison Park School

Lot Info

  • Lot Size: 75 X 135
  • Additional Parcels: No
  • Parcel #: 163-08-022-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 37380.0
  • Insurance Expense: 1300.0
  • Property Net Operating Income: 31930.0
  • Annual Operating Expense: 7260.0

Tax Info

  • Tax Annual Amount: 1810.0
  • Tax Book Number: 163.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2021
Sold by
Hannaford Robert C
Bought by
Casamigos Llc
Current Estimated Value
$924,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
2.7%

Purchase Details

Closed on
Sep 10, 2021
Sold by
Hannaford Tina Marie and Hannaford Robert C
Bought by
Hannaford Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
2.7%

Purchase Details

Closed on
Feb 8, 2020
Sold by
Casamigos Llc
Bought by
Hannaford Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2019
Closed on
Jun 5, 2019
Sold by
Hannaford Robert C
Bought by
Casamigos Llc
Seller's Agent
Rodney Coty
Compass
Buyer's Agent
Timothy Redelsperger
Long Realty Uptown
List Price
$565,000
Sold Price
$549,000
Premium/Discount to List
-$16,000
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$411,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 15, 2019
Sold by
Hannaford Tina Marie and Hannaford Robert C
Bought by
Hannaford Robert C
Seller's Agent
Rodney Coty
Compass
Buyer's Agent
Timothy Redelsperger
Long Realty Uptown
List Price
$565,000
Sold Price
$549,000
Premium/Discount to List
-$16,000
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2015
Closed on
Jul 16, 2015
Sold by
Iv Holding Company
Bought by
Taylor Aaron
Seller's Agent
Jamie Canute
Orion Investment Real Estate
Buyer's Agent
Laryn Callaway
Compass
List Price
$330,000
Sold Price
$328,000
Premium/Discount to List
-$2,000
-0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.48%

Purchase Details

Listed on
Oct 7, 2014
Closed on
Oct 20, 2014
Sold by
Wonderley Wendy H
Bought by
Iv Holding Company
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Sophia Baron
Grace CRE
List Price
$159,900
Sold Price
$190,000
Premium/Discount to List
$30,100
18.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.09%

Purchase Details

Closed on
Feb 20, 2003
Sold by
Ardy James E and Ardy Sandra I
Bought by
Wonderley Wendy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,625
Interest Rate
5.93%
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

Date Buyer Sale Price Title Company
Casamigos Llc -- None Listed On Document
Hannaford Robert C -- Pioneer Title Agency Inc
Hannaford Robert C -- Pioneer Title Agency Inc
Hannaford Robert -- Jetclosing Inc
Hannaford Robert C -- Jetclosing Inc A T&E Co
Casamigos Llc -- Accommodation
Hannaford Robert C -- Pioneer Title Agency Inc
Hannaford Robert C $549,000 Pioneer Title Agency Inc
Taylor Aaron $328,000 Equity Title Agency Inc
Iv Holding Company $190,000 First Arizona Title Agency
Wonderley Wendy H $179,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hannaford Robert C $427,500
Previous Owner Hannaford Robert $412,500
Previous Owner Hannaford Robert C $411,750
Previous Owner Wonderley Wendy H $134,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2019 05/16/19 Sold $549,000 -2.8% $254 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $565,000 +72.3% $262 / Sq Ft
07/24/2015 07/24/15 Sold $328,000 -0.6% $152 / Sq Ft View Prior Sale
07/14/2015 07/14/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $330,000 +73.7% $153 / Sq Ft
10/22/2014 10/22/14 Sold $190,000 +18.8% $88 / Sq Ft View Prior Sale
10/08/2014 10/08/14 Pending -- -- --
10/06/2014 10/06/14 For Sale $159,900 -- $74 / Sq Ft
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 $2,122 $16,291 -- --
2024 $1,969 $15,515 -- --
2023 $1,969 $66,330 $13,260 $53,070
2022 $1,911 $54,000 $10,800 $43,200
2021 $1,927 $46,800 $9,360 $37,440
2020 $1,897 $35,360 $7,070 $28,290
2019 $1,855 $28,620 $5,720 $22,900
2018 $1,810 $22,060 $4,410 $17,650
2017 $1,725 $21,230 $4,240 $16,990
2016 $1,665 $17,170 $3,430 $13,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5911851

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-08-022C