$170,000
SOLD OCT 31, 2013
-- Bed
-- Bath
3,540 Sq Ft
9,540 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

3% Above List Price

7 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Heating Available
  • Central Air

About This Home

As of September 2016

Drive by- do not disturb tenants. Great return on investment. Well cared for 4 plex. Owner has two, 2701 and 2717 each priced at $165,000. 7 Units currently leased.

Last Agent to Sell the Property

Janet Mohr

Realty Executives Arizona Territory License #BR008015000 Listed on: 08/19/2013

Realty Executives Arizona Territory

Last Buyer's Agent

Armando Martinez

CTR Realty License #BR554215000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $895

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Concrete

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Palomino Primary Elementary School
  • Palomino Intermediate School
  • North Canyon High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 8
  • Assessor Parcel Number 214-40-207

Community Details

Overview

  • 4 Units
  • Building Dimensions are Irreg
  • Greenway Trails Subdivision

Building Details

  • Net Operating Income $15,063

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$895

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Greenway and Cave Creek Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2012
  • Directions: Greenway Parkway to Waltann, left to 27th St. South to Beck, east to property
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2100.0
  • Subdivision Name: Greenway Trails
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0

Utilities

  • Electric: APS
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Palomino Primary School
  • High School: North Canyon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Palomino Intermediate School

Lot Info

  • Lot Size: Irreg
  • Additional Parcels: No
  • Parcel #: 214-40-207

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 4
  • Insurance Expense: 737.0
  • Maintenance Expense: 2100.0
  • Property Net Operating Income: 15063.0
  • Vacancy Allowance Rate: 2500.0

Tax Info

  • Tax Annual Amount: 895.0
  • Tax Book Number: 214.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Guzman Jose M and Guzman Regina
Bought by
Guzman Family Trust and Guzman
Current Estimated Value
$640,313

Purchase Details

Closed on
May 1, 2018
Sold by
Benitez Matt and Benitez Evangelina
Bought by
Guzman Jose M and Guzman Regina

Purchase Details

Listed on
Sep 6, 2016
Closed on
Sep 23, 2016
Sold by
Rodriguez Alejandro Meza
Bought by
Benitez Matt and Benitez Evangelina
Seller's Agent
Armando Martinez
CTR Realty
Buyer's Agent
Armando Martinez
CTR Realty
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%

Purchase Details

Listed on
Aug 19, 2013
Closed on
Sep 19, 2013
Sold by
Arizona State Internal Medicine Associat
Bought by
Rodriguez Alejandro Meza
Seller's Agent
Janet Mohr
Realty Executives Arizona Territory
Buyer's Agent
Armando Martinez
CTR Realty
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$127,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2011
Sold by
Burgos Francis and Jacinto Leticia
Bought by
Burgos Jacinto 2 Llc

Purchase Details

Closed on
Jun 2, 2011
Sold by
Obinyan Paul and Weeks Obinyan Stephanie
Bought by
Burgos Francis and Jacinto Leticia

Purchase Details

Closed on
Jun 2, 2004
Sold by
Tauber Jack
Bought by
Obinyan Apul and Weeks Obinyan Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.22%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 13, 2001
Sold by
Gonzalez Rufino and Gonzalez Viola
Bought by
Tauber Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed $290,000 Fidelity National Title Agen
Cash Sale Deed $185,000 First Arizona Title Agency
Warranty Deed $170,000 Equity Title Agency Inc
Quit Claim Deed -- None Available
Cash Sale Deed $80,000 Lawyers Title Of Arizona Inc
Warranty Deed $270,000 North American Title Co
Warranty Deed $168,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $126,000 New Conventional
Previous Owner $127,500 New Conventional
Previous Owner $220,100 Unknown
Previous Owner $216,000 Negative Amortization
Previous Owner $126,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $190,000 -2.6% $54 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $195,000 +14.7% $55 / Sq Ft
10/31/2013 10/31/13 Sold $170,000 +3.0% $48 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
08/19/2013 08/19/13 For Sale $165,000 -- $47 / 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 $1,342 $13,482 -- --
2024 $1,314 $12,840 -- --
2023 $1,314 $44,110 $8,820 $35,290
2022 $1,301 $29,520 $5,900 $23,620
2021 $1,304 $27,720 $5,540 $22,180
2020 $1,264 $24,300 $4,860 $19,440
2019 $1,266 $19,800 $3,960 $15,840
2018 $1,224 $19,170 $3,830 $15,340
2017 $1,174 $16,300 $3,260 $13,040
2016 $1,154 $14,120 $2,820 $11,300
2015 $1,069 $11,480 $2,290 $9,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4985599

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-207