NOT LISTED FOR SALE

Estimated Value: $521,331

Studio
3 Baths
3,233 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2020

Last sale price $350,000 $108 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,968 / mo

94 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Ceramic Tile Flooring

About This Home

As of November 2020

Good income potential in this 4plex with long term tenants. this 4plex offers one 3 bed, two 1 bed and one 2 bed. nice size gated lot with plenty of parking.

Last Agent to Sell the Property

Hend Faraj

Home Hunters Realty License #BR514100000 Listed on: 08/15/2020

Last Buyer's Agent

Vladimir Stoiljkovic

Delex Realty License #SA655756000

Delex Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,134

Year Built

  • Built in 1945

Lot Details

  • 10,149

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Construction or Metal Frame
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 18 Parking Spaces
  • 8 Covered Spaces
  • Common or Shared Parking

Schools

  • Paradise Valley High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Master Meter
  • Master Water Meter

Listing and Financial Details

  • The owner pays for gas, electricity, water, sewer
  • Tax Lot 101
  • Assessor Parcel Number 214-40-033-D

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10308
  • Kay Acres Subdivision

Building Details

  • Operating Expense $8,509
  • Gross Income $42,000
  • Net Operating Income $34,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,134

Year Built

Built in 1945

Lot Details

10,149 Sq Ft Lot

Listing Details

  • Cross Street: GREENWAY & CAVE CREEK
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1945
  • Tax Year: 2019
  • Road Surface Type: Dedicated Street
  • Subdivision Name: KAY ACRES
  • Tax Parcel Letter: D
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: None, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Metal, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 18.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 18.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Exterior Amenities:RVBoat Parking: Yes

Utilities

  • Electric: APS, Master Meter
  • Cooling: Ceiling Fan(s), Individual
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:TV Antenna: Yes

Fee Information

  • Annual Fuel Expense: 675.0
  • Annual Water Sewer Expense: 2400.0

Schools

  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 10308
  • Additional Parcels: No
  • Parcel #: 214-40-033-D

Multi Family

  • Owner Pays: Gas, Electricity, Water, Sewer
  • Tenant Pays: None
  • Number Of Units Total: 4
  • Electric Expense: 1500.0
  • Annual Gross Income: 42000.0
  • Property Net Operating Income: 34625.0
  • Annual Operating Expense: 8509.0

Tax Info

  • Tax Annual Amount: 1134.0
  • Tax Book Number: 214.00
  • Tax Lot: 101

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
Aug 15, 2020
Closed on
Nov 23, 2020
Sold by
Bought by
Seller's Agent
Hend Faraj
Home Hunters Realty
Buyer's Agent
Vladimir Stoiljkovic
Delex Realty
List Price
$370,000
Sold Price
$350,000
Premium/Discount to List
-$20,000
-5.41%
Current Estimated Value
$521,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,331
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
Aug 3, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 11, 2013
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
$168,675
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 29, 2005
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
$190,500
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 1994
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$350,000 Clear Title
-- None Available
-- Title Source
-- None Available
-- None Available
$254,000 Ticor Title Agency Of Az Inc
-- Transnation Title Insurance
-- Transnation Title Insurance
-- Old Republic Title Agency
$30,283 --
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
Previous Owner $168,675
Previous Owner $190,500
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
11/30/2020 11/30/20 Sold $350,000 -5.4% $108 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $370,000 +5.7% $114 / Sq Ft
08/19/2020 08/19/20 Off Market $350,000 -- --
08/15/2020 08/15/20 For Sale $370,000 -- $114 / 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 $1,234 $12,075
2024 $1,177 $11,500
2023 $1,177 $44,460 $8,890 $35,570
2022 $1,165 $30,510 $6,100 $24,410
2021 $1,168 $27,830 $5,560 $22,270
2020 $1,132 $24,360 $4,870 $19,490
2019 $1,134 $19,550 $3,910 $15,640
2018 $1,097 $17,750 $3,550 $14,200
2017 $1,051 $15,080 $3,010 $12,070
2016 $1,034 $18,470 $3,690 $14,780
2015 $957 $15,400 $3,080 $12,320
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6118335

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-033D

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