NOT LISTED FOR SALE

Estimated Value: $508,000 - $671,000

7 Beds
1 Bath
2,890 Sq Ft
$195/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $159,100 $55 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $3,079/month

172 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of May 2015

Unique newer construction Duplex built in 2007. Each unit has 2 car garage, covered patio. separate driveway, Tile roof, newer A/C units. Each unit has 4 bedrooms, open kitchen/great room concept. Convenient half bath located downstairs. Inside laundry room upstairs.
Great for rental income or live in one side and rent out the other side to help with mortgage. Rear entry gate, No HOA, Lots of possibilities, Has frontage on Broadway, which might be able to be used as commercial use. Hard to find newer construction Duplex in 85040, Please do not disturb tenants.

Last Agent to Sell the Property

Mike Sullivan

Realty ONE Group License #SA569802000 Listed on: 10/16/2014

Last Buyer's Agent

Scott Clayton

Champion Realty License #BR006938000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $718

Year Built

  • Built in 2007

Lot Details

  • Property fronts an alley

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Automatic Garage Door Opener

Schools

  • Roosevelt Elementary School
  • Percy L Julian Middle School
  • South Mountain High School

Utilities

  • Multiple cooling system units
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, cable TV, landscaping
  • Tax Lot 17
  • Assessor Parcel Number 122-57-010

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 6970
  • Broadway Estates Subdivision

Building Details

  • Operating Expense $3,218
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$718

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Cross Street: Broadway and 32nd Street
  • Property Type: Multiple Dwellings
  • Zoning: Multi Family
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2007
  • Tax Year: 2013
  • Directions: West on Broadway to property on south side of Broadway. 2719 A and B
  • Road Frontage Type: Alley
  • Subdivision Name: Broadway Estates (Duplex)
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Auto Door Opener
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Garage Details: Yes
  • Parking:Auto Door Opener: Yes

Utilities

  • Electric: APS
  • Cooling: 2 or More Units, Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Percy L Julian School

Lot Info

  • Lot Size: 6970
  • Additional Parcels: No
  • Parcel #: 122-57-010

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Insurance Expense: 500.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 18000.0
  • Annual Operating Expense: 3218.0

Tax Info

  • Tax Annual Amount: 718.0
  • Tax Book Number: 122.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Tzicatl Eloisa Abarca
Bought by
Abarca Esteban Martinez
Current Estimated Value
$564,945

Purchase Details

Listed on
Oct 16, 2014
Closed on
Apr 7, 2015
Sold by
Ducharme Bonnie Ruth Brown
Bought by
Abarca Esteban Martinez
Seller's Agent
Mike Sullivan
Realty ONE Group
Buyer's Agent
Scott Clayton
Champion Realty
List Price
$225,000
Sold Price
$159,100
Premium/Discount to List
-$65,900
-29.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$156,217
Interest Rate
3.5%
Mortgage Type
FHA
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
Abarca Esteban Martinez -- None Available
Abarca Esteban Martinez $159,100 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abarca Esteban Martinez $156,217
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $159,100 -29.3% $55 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
10/16/2014 10/16/14 For Sale $225,000 -- $78 / 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 $1,104 $8,381 -- --
2024 $1,196 $7,982 -- --
2023 $1,196 $41,470 $8,290 $33,180
2022 $1,172 $27,560 $5,510 $22,050
2021 $1,196 $22,510 $4,500 $18,010
2020 $1,181 $18,730 $3,740 $14,990
2019 $1,143 $19,380 $3,870 $15,510
2018 $1,112 $16,160 $3,230 $12,930
2017 $1,060 $10,620 $2,120 $8,500
2016 $1,008 $9,600 $1,920 $7,680
2015 $949 $8,850 $1,770 $7,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5186266

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-57-010