NOT LISTED FOR SALE

Estimated Value: $474,847 - $542,000

3 Beds
1 Bath
952 Sq Ft
$537/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $369,000 $388 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,068/month

66 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • Phoenix Coding Academy Rated A

About This Home

As of October 2020

This is a unique property with several options as follows: 2BD/1BA remodeled home with detached 1BD/1BA in-law and/or rental unit. Private entrance and backyard for both the house and rear unit. Perfect for owner occupied home with rental unit in the rear or rental opportunity for both units.
Check out the photos of the newly remodeled interior. Very desirable rental area.

Last Listed By

Marty Hall

HomeSmart License #SA588174000 Listed on: 07/27/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,093

Year Built

  • Built in 1958

Lot Details

  • 8,712

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Common or Shared Parking
  • Paved Parking

Schools

  • Loma Linda Elementary School
  • Larry C Kennedy Middle School
  • Camelback High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot ?
  • Assessor Parcel Number 119-06-067

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 60' X 152'

Building Details

  • Operating Expense $2,093
  • Gross Income $20,520
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,093

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 27th St.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2019
  • Directions: Indian School Rd. to 27th St south to E. Clarendon Ave. west to address.
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Paved Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Central A/C
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Central: 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
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Interior Amenities:Drapes2: Yes

Schools

  • Elementary School: Loma Linda Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Larry C Kennedy School

Lot Info

  • Lot Size: 60' X 152'
  • Additional Parcels: No
  • Parcel #: 119-06-067

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 20520.0
  • Property Net Operating Income: 15000.0
  • Annual Operating Expense: 2093.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2093.0
  • Tax Book Number: 119.00
  • Tax Lot: ?

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Oct 6, 2020
Sold by
Phoenix 28 Mhp Llc
Bought by
Hernandez Candy
Seller's Agent
Marty Hall
HomeSmart
Buyer's Agent
Gilbert Benitez
My Home Group Real Estate
List Price
$369,000
Sold Price
$369,000
Total Days on Market
66
Current Estimated Value
$510,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,962
Avg. Annual Appreciation
7.28%
Original Mortgage
$362,316
Outstanding Balance
$325,338
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$185,624

Purchase Details

Closed on
Jun 18, 2020
Sold by
Peters John E and Peters Joan C
Bought by
Phoenix 28 Mhp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2013
Sold by
Daniels Frances
Bought by
Peters John P and Peters Joan C

Purchase Details

Closed on
Mar 28, 2013
Sold by
Peters John E and Peters Joan C
Bought by
Daniels Frances and Peters John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,300
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2001
Sold by
Peters John E and Daniels Frances
Bought by
Peters John E and Peters Joan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,587
Interest Rate
7.21%

Purchase Details

Closed on
Sep 1, 1995
Sold by
Nudd Barbara J and Beckberger Betty Jo
Bought by
Peters John E and Daniels Frances

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
Hernandez Candy $369,000 Empire West Title Agency Llc
Phoenix 28 Mhp Llc $253,000 Chicago Title Agency
Peters John P -- None Available
Daniels Frances -- None Available
Peters John E -- Title Guaranty Agency
Peters John E $63,300 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Candy $12,480
Closed Hernandez Candy $10,386
Open Hernandez Candy $29,469
Open Hernandez Candy $362,316
Previous Owner Phoenix 28 Mhp Llc $186,000
Previous Owner Daniels Frances $67,300
Previous Owner Peters Joan C $67,335
Previous Owner Peters John E $57,587
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $369,000 0.0% $388 / Sq Ft
10/01/2020 10/01/20 For Sale $369,000 0.0% $388 / Sq Ft
07/31/2020 07/31/20 Price Changed $369,000 +2.8% $388 / Sq Ft
07/28/2020 07/28/20 For Sale $359,000 -2.7% $377 / Sq Ft
07/28/2020 07/28/20 Off Market $369,000 -- --
07/13/2020 07/13/20 For Sale $359,000 -- $377 / 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 $2,492 $19,168 -- --
2024 $2,463 $18,255 -- --
2023 $2,463 $36,780 $7,350 $29,430
2022 $2,367 $27,430 $5,480 $21,950
2021 $2,424 $24,910 $4,980 $19,930
2020 $2,105 $22,750 $4,550 $18,200
2019 $2,093 $20,480 $4,090 $16,390
2018 $2,047 $18,600 $3,720 $14,880
2017 $1,964 $17,070 $3,410 $13,660
2016 $1,251 $11,970 $2,390 $9,580
2015 $1,166 $10,920 $2,180 $8,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6108973

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-06-067