NOT LISTED FOR SALE

Estimated Value: $294,000 - $335,000

-- Bed
1 Bath
1,090 Sq Ft
$291/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $265,000 $243 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,808/month

20 Days on Market

Highlights

  • Cooling Available
  • Heating System Uses Natural Gas
  • 2-minute walk to Willow Park
  • Phoenix Coding Academy Rated A

About This Home

As of October 2018

Single Family 2/2 bath home + triplex with all 2/1's. (2 parcels must be purchased as a package) Newer roof & HVAC's on the 3-plex Tenant pleasing on-site laundry! Fenced and gated pride of ownership property! Triplex (Parcel 109-27-031) Post office has 553, 555 N 27th Dr. addresses. 100% occupied.

ALL INFORMATION BELIEVED TO BE ACCURATE. bUYER TO VERIFY ANY ITEM/STATEMENTS OF CONCERN DURING INSPECTION PERIOD.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 08/31/2018

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 08/31/2018

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,432

Year Built

  • Built in 1959

Lot Details

  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 3 / 3
  • Assessor Parcel Number 109-27-033

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 13000
  • Willow Addition Subdivision

Building Details

  • Operating Expense $10,943
  • Gross Income $30,210
  • Net Operating Income $17,557

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,432

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 27th Ave & Van Buren St
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1959
  • Tax Year: 2017
  • Directions: From the I-10 Eastbound, take 27th Ave Exit South to Fillmore St, Turn Right (West) on Fillmore St. Property will be on the left (south) side of the street. Corner of 27th Drive and Fillmore SEC.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2000.0
  • Subdivision Name: WILLOW ADDITION
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • 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:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Heat Pump, Electric
  • Heating: Heat Pump, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 4310.76

Lot Info

  • Lot Size: 13000
  • Additional Parcels: Yes
  • Parcel #: 109-27-033

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 30210.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 17557.24
  • Annual Operating Expense: 10942.76
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1432.0
  • Tax Block: 3
  • Tax Book Number: 109.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Walker and Dona
Bought by
Apni Investments Llc
Current Estimated Value
$317,333

Purchase Details

Listed on
Aug 31, 2018
Closed on
Oct 24, 2018
Sold by
Playa De Negro Properties Llc
Bought by
Walker James and Walker Donna
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.63%

Purchase Details

Closed on
Oct 8, 2010
Sold by
Lanini Erik
Bought by
Playa De Negro Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.26%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 13, 2006
Sold by
Lanini Heidi
Bought by
Lanini Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 18, 2006
Sold by
Wilson Doral L and Wilson Connie M
Bought by
Lanini Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 12, 1998
Sold by
Carlson Charles F
Bought by
Wilson Doral L and Wilson Connie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Apni Investments Llc $735,000 First American Title
Walker James $65,000 Chicago Title Agency Inc
Playa De Negro Properties Llc -- None Available
Lanini Erik -- Commonwealth Land Title Ins
Lanini Erik $135,000 Commonwealth Land Title Ins
Wilson Doral L $72,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Playa De Negro Properties Llc $1,000,000
Previous Owner Lanini Erik $108,000
Previous Owner Wilson Doral L $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 For Sale $279,000 0.0% $256 / Sq Ft
10/31/2018 10/31/18 Price Changed $279,000 +5.3% $256 / Sq Ft
10/30/2018 10/30/18 Sold $265,000 -5.0% $243 / Sq Ft
10/09/2018 10/09/18 For Sale $279,000 0.0% $256 / Sq Ft
10/09/2018 10/09/18 Price Changed $279,000 0.0% $256 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/14/2018 09/14/18 Pending -- -- --
09/07/2018 09/07/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $279,000 -- $256 / 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 $1,430 $8,732 -- --
2024 $1,395 $8,316 -- --
2023 $1,395 $20,580 $4,110 $16,470
2022 $1,331 $15,230 $3,040 $12,190
2021 $1,326 $12,400 $2,480 $9,920
2020 $1,302 $11,500 $2,300 $9,200
2019 $1,279 $9,050 $1,810 $7,240
2018 $484 $6,700 $1,340 $5,360
2017 $482 $4,850 $970 $3,880
2016 $466 $4,210 $840 $3,370
2015 $432 $3,330 $660 $2,670
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5814276

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-27-033