NOT LISTED FOR SALE

Estimated Value: $399,953 - $674,000

Studio
-- Bath
3,050 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $405,000 $133 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,098/month

7 Days on Market

About This Home

As of December 2020

4 Plex, block build 1984. Tenant Rights - DO NOT DISTURB!

Last Agent to Sell the Property

Jamie Rosen

LHM Realty License #SA669178000 Listed on: 10/23/2020

Co-Listed By

Dick Rosen

LHM Realty License #BR641680000

Last Buyer's Agent

Michael Bennett

ATLAS AZ, LLC License #SA692576000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $952

Year Built

  • Built in 1984

Lot Details

  • 9,627

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Paradise Valley High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 214-40-177

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9616 sq ft
  • Andrea Villas Subdivision

Building Details

  • Operating Expense $8,508
  • Gross Income $30,935
  • Net Operating Income $22,426

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$952

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 27th St & Marconi Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2020
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 2411.0
  • Co List Office Mls Id: lhml001
  • Co List Office Phone: 480-382-1608
  • Subdivision Name: ANDREA VILLAS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • 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:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: 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:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Schools

  • High School: Paradise Valley High School

Lot Info

  • Lot Size: 9616 sq ft
  • Additional Parcels: No
  • Parcel #: 214-40-177

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 30934.68
  • Maintenance Expense: 765.0
  • Property Net Operating Income: 22426.0
  • Annual Operating Expense: 8508.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 952.0
  • Tax Book Number: 214.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 9, 2020
Sold by
Gayden Anthony P and Gayden Princess Danielle
Bought by
Young Jeffrey Glenn and Young Kirstin Ann
Seller's Agent
Jamie Rosen
LHM Realty
Buyer's Agent
Michael Bennett
ATLAS AZ, LLC
List Price
$375,000
Sold Price
$405,000
Premium/Discount to List
$30,000
8%
Current Estimated Value
$581,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,488
Avg. Annual Appreciation
7.32%
Original Mortgage
$283,500
Outstanding Balance
$251,121
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$330,367

Purchase Details

Closed on
Mar 8, 2019
Sold by
Gayden Anthony P
Bought by
Gayden Anthony P and Gayden Princess Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2014
Closed on
Mar 27, 2014
Sold by
Cohan Joseph W and Cohan Jacqueline G
Bought by
Gayden Anthony P
Seller's Agent
Joseph Cohan
IRS/International Realty Services, Inc.
Buyer's Agent
Dawn Rajda
Coldwell Banker Realty
List Price
$185,900
Sold Price
$179,000
Premium/Discount to List
-$6,900
-3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$133,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2009
Sold by
Jp Morgan Chase Bank Na
Bought by
Cohan Joseph W and Cohan Jacqueline G

Purchase Details

Closed on
Dec 22, 2008
Sold by
Machado Manny
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Feb 24, 2005
Sold by
Witherwax Troy L and Witherwax Donna L
Bought by
Machado Manny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 4, 2003
Sold by
Wesley Diane M
Bought by
Witherwax Troy L and Whiterwax Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,600
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2000
Sold by
Jessiman Virginia D
Bought by
Wesley Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
8.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 1998
Sold by
Luna Renato and Luna Wendy C
Bought by
Jessiman Virginia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.91%
Mortgage Type
Commercial
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
Young Jeffrey Glenn $405,000 First Integrity Title
Gayden Anthony P -- Arizona Premier Title
Gayden Anthony P $179,000 Chicago Title Agency Inc
Cohan Joseph W $85,000 Empire West Title Agency Llc
Jpmorgan Chase Bank Na $285,281 None Available
Machado Manny $320,000 Security Title Agency
Witherwax Troy L -- Security Title Agency Inc
Witherwax Troy L $244,500 Ticor Title Agency Of Arizon
Wesley Diane M $130,000 First American Title
Jessiman Virginia D $105,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Jeffrey Glenn $283,500
Previous Owner Gayden Anthony P $213,500
Previous Owner Gayden Anthony P $133,500
Previous Owner Machado Manny $256,000
Previous Owner Witherwax Troy L $195,600
Previous Owner Wesley Diane M $13,000
Previous Owner Jessiman Virginia D $94,500
Closed Wesley Diane M $104,000
Closed Machado Manny $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $405,000 +8.0% $133 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $375,000 +109.5% $123 / Sq Ft
04/01/2014 04/01/14 Sold $179,000 -3.7% $59 / Sq Ft View Prior Sale
03/05/2014 03/05/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $185,900 -- $61 / 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 $1,038 $10,155 -- --
2024 $990 $9,672 -- --
2023 $990 $43,710 $8,740 $34,970
2022 $980 $31,120 $6,220 $24,900
2021 $983 $25,280 $5,050 $20,230
2020 $952 $22,130 $4,420 $17,710
2019 $954 $17,970 $3,590 $14,380
2018 $922 $17,270 $3,450 $13,820
2017 $884 $14,720 $2,940 $11,780
2016 $869 $13,420 $2,680 $10,740
2015 $805 $11,200 $2,240 $8,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6151216

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-177