NOT LISTED FOR SALE

Estimated Value: $635,052 - $824,000

-- Bed
-- Bath
2,173 Sq Ft
$342/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $305,000 $140 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $4,303/month

39 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of March 2016

MUST BE PURCHASED WITH 2714 E GLENROSA. LOCATION, LOCATION, LOCATION! These two tri-plexes are located in the very desirable Biltmore area. They have been owned by the same owners for 10 years, and is occupied by good, long term tenants. The property offers the renters many desirable amenities, and the property has been keep up and improved on thru out the years. There are almost no properties available in this area, and this one can be bought with residential financing. There is also great potential for upside in rents, and could have future condo potential. This listing will not be on the market for long.

Last Agent to Sell the Property

Terry Kass

R.O.I. Properties License #BR503783000 Listed on: 11/02/2015

Co-Listed By

Mark Skelpsa

HomeSmart Realty License #SA642313000

Last Buyer's Agent

Connie Wong

Superlative Realty License #SA577875000

Superlative Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1958

Lot Details

  • 8,233

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Schools

  • Madison Elementary School
  • Camelback High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 9
  • Assessor Parcel Number 163-08-009

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR
  • Citrus Haven Amd Subdivision

Building Details

  • Operating Expense $1,169

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,169

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 28th Street and Indian School Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1958
  • Tax Year: 2015
  • Directions: North on 28th Street a couple of blocks until you hit Glenrosa, turn left (West). Property is in the middle of the street on the North Side of the Street.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: gpci01
  • Co List Office Phone: 602-703-5277
  • Subdivision Name: CITRUS HAVEN AMD
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Elementary School: Madison Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Madison Elementary School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 163-08-009

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 1169.0

Tax Info

  • Tax Annual Amount: 1169.0
  • Tax Book Number: 163.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2019
Sold by
Richmond Dianne M and Richmond Dianne
Bought by
Richmond Dianne M and Dmr Trust
Total Days on Market
39
Current Estimated Value
$744,013

Purchase Details

Listed on
Nov 2, 2015
Closed on
Mar 21, 2016
Sold by
Doxey John J and Doxey Midori L
Bought by
Jin Victor and Richmond Dianne
Seller's Agent
Terry Kass
R.O.I. Properties
Buyer's Agent
Connie Wong
Superlative Realty
List Price
$327,000
Sold Price
$305,000
Premium/Discount to List
-$22,000
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$213,500
Outstanding Balance
$171,731
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$572,282

Purchase Details

Closed on
May 23, 2012
Sold by
Jmjd Properties 1 Llc
Bought by
Doxey John J and Doxey Midori I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,503
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2005
Sold by
Doxey John and Doxey Midori
Bought by
Jmjd Properties 1 Llc and Doxey John

Purchase Details

Closed on
Oct 19, 2004
Sold by
Thompson Mark S and Lewis Claire B
Bought by
Doxey John J and Doxey Midori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2002
Sold by
Thompson Mark S and Lewis Claire B
Bought by
Thompson Mark S and Lewis Claire B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,302
Interest Rate
5.87%
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
Richmond Dianne M -- None Available
Jin Victor -- None Available
Jin Victor $305,000 Pioneer Title Agency Inc
Doxey John J -- Title Source
Jmjd Properties 1 Llc -- --
Doxey John J $217,500 Alliance Title Partners
Thompson Mark S -- North American Title Co
Thompson Mark S -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Victor $213,500
Previous Owner Doxey John J $150,503
Previous Owner Doxey John J $174,000
Previous Owner Thompson Mark S $83,302
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2016 03/29/16 Sold $305,000 -6.7% $140 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
11/02/2015 11/02/15 For Sale $327,000 -- $150 / 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 $1,529 $12,313 -- --
2024 $1,488 $11,727 -- --
2023 $1,488 $44,930 $8,980 $35,950
2022 $1,444 $34,300 $6,860 $27,440
2021 $1,457 $31,470 $6,290 $25,180
2020 $1,434 $29,710 $5,940 $23,770
2019 $1,402 $23,260 $4,650 $18,610
2018 $1,368 $17,880 $3,570 $14,310
2017 $1,303 $16,780 $3,350 $13,430
2016 $1,258 $13,870 $2,770 $11,100
2015 $1,169 $11,770 $2,350 $9,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5356794

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-08-009