NOT LISTED FOR SALE

Estimated Value: $406,000 - $463,000

4 Beds
-- Bath
1,580 Sq Ft
$277/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $285,523 $181 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,502/month

7 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Bogle Junior High School Rated A

About This Home

As of August 2020

Duplex Rebuilt in 2013 to Code by Lic Contractors, w/permits & inspections, upgraded synthetic stucco, new A/C ducting, electrical wiring, 2 new 200 AMP elec. Panels. New A/C unit in 2013 for Unit 1 & New A/C unit in 2018 for Unit 2. Each 2 BDRM Unit also has it's own water heater, utilities, storage/laundry area with W/D hookups, ceiling fans in every room, tile floors, countertops, cabinets & exterior door in 2nd BDRM accesses the backyard. Unit 1 has L-shaped kitchen island. Lg backyard is fenced in and each Unit has own sidegate. Owner does not provide any appliances & is not responsible for appliance repairs. Tenants have their own appliances, pay all utilities (electric, water, sewer, refuse) & are responsible for yard maintenance & pest control.

Last Agent to Sell the Property

Richard Harless

AZ Flat Fee License #SA672256000 Listed on: 08/14/2020

Co-Listed By

Marjan Polek

AZ Flat Fee License #BR657009000

Last Buyer's Agent

Justin Titus

Aurumys License #SA687713000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $667

Year Built

  • Built in 1967

Lot Details

  • 6,665

Home Design

  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking
  • Assigned Parking

Schools

  • San Marcos Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, cable TV, landscaping
  • Tax Lot A
  • Assessor Parcel Number 303-19-110-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6665

Building Details

  • Operating Expense $1,177
  • Gross Income $16,800
  • Net Operating Income $16,290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$667

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Cross Street: Frye Rd and Arizona Ave
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MF-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1967
  • Tax Year: 2019
  • Directions: South on Arizona Ave turn right (west) on Elgin St, turn left on California St, turn right on Whitten St property is on the left (south side of the street)
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Co List Office Mls Id: li3k001
  • Co List Office Phone: 480-771-1511
  • Subdivision Name: Unknown
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: W/D Hookup
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned, >1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • 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

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: San Marcos Elementary School
  • High School: Hamilton High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Lot Size: 6665
  • Additional Parcels: No
  • Parcel #: 303-19-110-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 16800.0
  • Insurance Expense: 510.0
  • Property Net Operating Income: 16290.0
  • Annual Operating Expense: 1177.0

Tax Info

  • Tax Annual Amount: 667.0
  • Tax Book Number: 303.00
  • Tax Lot: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Aug 27, 2020
Sold by
Black Canyon Equity Llc
Bought by
Jnr Holdings Llc
Seller's Agent
Richard Harless
AZ Flat Fee
Buyer's Agent
Justin Titus
Aurumys
List Price
$265,000
Sold Price
$285,523
Premium/Discount to List
$20,523
7.74%
Total Days on Market
7
Current Estimated Value
$437,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,853
Avg. Annual Appreciation
9.27%

Purchase Details

Closed on
Feb 6, 2017
Sold by
Costache Nicolae and Costache Eugenio
Bought by
Costache Nicolae and Costache Eugenia

Purchase Details

Listed on
Sep 12, 2013
Closed on
Sep 24, 2013
Sold by
Searles Abigail Maureen
Bought by
Costache Nicolae and Costache Eugenia
Seller's Agent
Bill Berry
HomeSmart
Buyer's Agent
Michele Newman
HomeSmart
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$96,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Searles Abigail Maureen

Purchase Details

Closed on
Dec 10, 2008
Sold by
Us Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 2, 2001
Sold by
Cepeda Jorge Perez
Bought by
Gill Raymundo Valerio Perea and Cejudo Benito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,211
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 1995
Sold by
Frese C Claudia
Bought by
Cepeda Jorge Perez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.43%
Mortgage Type
Seller Take Back
Source: Public Records

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
Jnr Holdings Llc $280,000 Tiago National Title Llc
Black Canyon Equity Llc $285,523 Tiago National Title Llc
Costache Nicolae -- None Available
Costache Nicolae $141,100 Clear Title Agency Of Arizon
Searles Abigail Maureen -- Grand Canyon Title Agency
Secretary Of Housing & Urban Development -- Great American Title Agency
Us Bank Na $90,062 Great American Title Agency
Gill Raymundo Valerio Perea $89,000 Lawyers Title Of Arizona Inc
Cepeda Jorge Perez $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Costache Nicolae $96,000
Previous Owner Gill Raymundo Valerio Perea $88,211
Previous Owner Cepeda Jorge Perez $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $285,523 +7.7% $181 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $265,000 +96.3% $168 / Sq Ft
10/16/2013 10/16/13 Sold $135,000 0.0% $85 / Sq Ft
09/17/2013 09/17/13 Pending -- -- --
09/12/2013 09/12/13 For Sale $135,000 -- $85 / 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 $712 $7,739 -- --
2024 $698 $7,371 -- --
2023 $698 $30,480 $6,090 $24,390
2022 $676 $20,530 $4,100 $16,430
2021 $695 $16,800 $3,360 $13,440
2020 $691 $15,750 $3,150 $12,600
2019 $667 $11,470 $2,290 $9,180
2018 $648 $11,330 $2,260 $9,070
2017 $609 $10,360 $2,070 $8,290
2016 $588 $8,450 $1,690 $6,760
2015 $564 $7,970 $1,590 $6,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6115383

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-19-110A