$170,000
SOLD OCT 3, 2013
-- Bed
-- Bath
3,660 Sq Ft
0.27 Acres

Recently Sold

$46 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

Nicely maintained 4 plex. Owner has two buildings, 2701 and 2717 Beck Lane. Nicely maintained. 7 units currently leased at time of listing. No sign on property, drive by only.

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

  • $718

Year Built

  • Built in 1985

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 6
  • Assessor Parcel Number 214-40-205

Community Details

Overview

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

Building Details

  • Gross Income $65,973,600
  • Net Operating Income $15,063

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$718

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 32nd and Greenway Parkway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2012
  • Directions: 32nd St west on Greenway Parkway to Waltann, right 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: Irr
  • Additional Parcels: No
  • Parcel #: 214-40-205

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 4
  • Annual Gross Income: 65973600.0
  • Insurance Expense: 737.0
  • Property Net Operating Income: 15063.0
  • Vacancy Allowance Rate: 2500.0

Tax Info

  • Tax Annual Amount: 718.0
  • Tax Book Number: 214.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Sep 23, 2016
Sold by
Rodriguez Alejandro Meza
Bought by
Atrak Investments Llc
Seller's Agent
Armando Martinez
CTR Realty
Buyer's Agent
Kimberly Ortiz
Realty ONE Group
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$642,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,924
Original Mortgage
$145,000
Outstanding Balance
$117,724
Interest Rate
3.44%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Aug 19, 2013
Closed on
Oct 9, 2013
Sold by
Meza Sylvia Georgina
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
4.71%
Original Mortgage
$126,000
Interest Rate
4.08%
Mortgage Type
New Conventional

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.
Original Mortgage
$127,500
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2012
Sold by
Burgos Jacinto Llc
Bought by
Arizona State Internal Associates Llc

Purchase Details

Closed on
Feb 12, 2011
Sold by
Burgos Francis and Jacinto Leticia
Bought by
Burgos Jacinto Llc

Purchase Details

Closed on
Sep 28, 2010
Sold by
Aurora Loan Services Llc
Bought by
Burgos Francis and Jacinto Leticia

Purchase Details

Closed on
Jul 20, 2010
Sold by
Lin Jonathan Yuh Yow and Lin Janet Hueying
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Dec 21, 2005
Sold by
Lin Jonathan Yuh Yow and Lin Janet Hueying
Bought by
Jbk Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,920
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2005
Sold by
Conti John R and Conti Deanna G
Bought by
Lin Jonathan Yuh Yow and Lin Janet Hueying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,920
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2004
Sold by
Tauber Jack
Bought by
Conti John R and Conti Deanna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 1997
Sold by
Rodowski Stanislaw and Rodowski Krystyna
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
$88,000
Interest Rate
7.19%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Cash Sale Deed $195,000 First Arizona Title Agency
Interfamily Deed Transfer -- Equity Title Agency Inc
Warranty Deed $170,000 Equity Title Agency Inc
Warranty Deed -- Stewart Title & Trust Of Pho
Quit Claim Deed -- None Available
Cash Sale Deed $80,000 Fidelity National Title Ins
Trustee Deed $328,160 Accommodation
Warranty Deed -- Security Title Agency Inc
Warranty Deed $379,900 Security Title Agency Inc
Warranty Deed $275,000 Security Title Agency
Warranty Deed $110,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $126,000 New Conventional
Previous Owner $127,500 Purchase Money Mortgage
Previous Owner $127,500 Purchase Money Mortgage
Previous Owner $303,920 Purchase Money Mortgage
Previous Owner $192,500 New Conventional
Previous Owner $88,000 New Conventional
Closed $68,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $195,000 0.0% $53 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $195,000 +14.7% $53 / Sq Ft
10/03/2013 10/03/13 Sold $170,000 +3.0% $46 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
08/19/2013 08/19/13 For Sale $165,000 -- $45 / 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 $1,343 $13,493 -- --
2024 $1,315 $12,850 -- --
2023 $1,315 $46,230 $9,240 $36,990
2022 $1,302 $30,880 $6,170 $24,710
2021 $1,306 $29,170 $5,830 $23,340
2020 $1,265 $25,580 $5,110 $20,470
2019 $1,267 $20,700 $4,140 $16,560
2018 $1,225 $20,000 $4,000 $16,000
2017 $1,174 $16,970 $3,390 $13,580
2016 $1,155 $14,820 $2,960 $11,860
2015 $1,069 $12,300 $2,460 $9,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4985603

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-205