
Seller's Agent in 2022
Greg Johnson
United Southwest Realty
(602) 717-5115
3 in this area
113 Total Sales
Estimated Value: $681,000 - $706,000
New Roof Feb 2021! Newer A/C units; Dual Pane Windows; Kitchens & Bathrooms remodeled in 2010. Full Sized Washer/Dryer in Indoor Laundry in each unit! Copper Plumbing; Romex Wiring. Large 2/1 units with ~915sf each Private Patios with Block Fencing No HOA; Seasoned Tenants paying below market rents. Median rents in area are $1157/mo! (Rentometer) .All tenants have been there between 4 - 12 years very close to Lookout Mountain. Pro-Forma P&L: Rents $1150 * 4 units * 12 months = $55,200/yr; insurance ($1384); Taxes ($1388): Water, Sewer, Trash ($4560); Maintenance ($2000) esti; House Lights ($540); Net Cash Flow = $45,328. Here is the info I have. The below Pro-Forma shows rents once raised to market values. The expenses are those per previous owner.
Current rents are $650/mo and 3 of the 4 tenants are MTM. We haven't raised rates, since we just recently purchased it (off-market) and wanted to let the next Owner raise them and use their preferred lease template/terms.
Recent Improvements:
Prior owner replaced roof in January 2021.
The A/C units were replaced on these months/years: Unit 1 6/16 Unit 2 8/20 Unit 3 4/18 Unit 4 6/17.
Copper plumbing per prior owner.
August 2021 we just completed new paint on the exterior fascia/trim and staircases. Scraped/sanded, caulked, primed, and painted.
Last Agent to Sell the Property
United Southwest Realty License #BR008487000 Listed on: 07/19/2021
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Flooring
Parking
Utilities
Listing and Financial Details
Overview
Building Details
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Aci-Beck Lane 2 Llc | $625,000 | Driggs Title Agency | |
Aci Beck Lane 2 Llc | $625,000 | Driggs Title Agency Inc | |
True Freedom Achievers Llc | $535,000 | Chicago Title Agency Inc | |
Cohan Joseph W | $75,000 | Accommodation | |
Aurora Loan Services Llc | $327,309 | Accommodation | |
Jbk Holdings Llc | -- | Security Title Agency Inc | |
Lin Jonathan Yuh Yow | $379,900 | Security Title Agency Inc | |
Conti John R | $275,000 | Security Title Agency | |
Tauber Jack | $188,000 | Fidelity National Title | |
Selewa Khoshaba H | -- | Chicago Title Insurance Co | |
Abouna Fred | -- | -- | |
Bacall Mike | -- | Security Title Agency | |
Bacall Mike | $140,000 | Security Title Agency | |
Odisho Danis O | $125,000 | Transnation Title Ins Co |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Aci-Beck Lane 2 Llc | $648,000 | |
Closed | Aci Beck Lane 2 Llc | $648,000 | |
Previous Owner | True Freedom Achievers Llc | $413,000 | |
Previous Owner | True Freedom Achievers Llc | $413,000 | |
Previous Owner | Lin Jonathan Yuh Yow | $303,920 | |
Previous Owner | Conti John R | $220,000 | |
Previous Owner | Tauber Jack | $131,250 | |
Previous Owner | Selewa Khoshaba H | $140,250 | |
Previous Owner | Odisho Danis O | $96,800 | |
Closed | Conti John R | $41,250 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/06/2022 01/06/22 | Sold | $625,000 | -10.6% | $171 / Sq Ft |
12/21/2021 12/21/21 | Pending | -- | -- | -- |
07/19/2021 07/19/21 | For Sale | $699,000 | -- | $191 / Sq Ft |
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 | $1,420 | $14,269 | -- | -- |
2024 | $1,391 | $13,589 | -- | -- |
2023 | $1,391 | $46,600 | $9,320 | $37,280 |
2022 | $1,377 | $31,120 | $6,220 | $24,900 |
2021 | $1,381 | $29,460 | $5,890 | $23,570 |
2020 | $1,338 | $25,830 | $5,160 | $20,670 |
2019 | $1,340 | $20,830 | $4,160 | $16,670 |
2018 | $1,296 | $20,110 | $4,020 | $16,090 |
2017 | $1,242 | $17,050 | $3,410 | $13,640 |
2016 | $1,221 | $14,930 | $2,980 | $11,950 |
2015 | $1,131 | $12,080 | $2,410 | $9,670 |
Seller's Agent in 2022
Greg Johnson
United Southwest Realty
(602) 717-5115
3 in this area
113 Total Sales
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6266686
APN: 214-40-204