S
Seller's Agent in 2023
Susan McCall
Commercial Property Connect
Estimated Value: $838,000 - $992,000
--
Bed
--
Bath
3,234
Sq Ft
$276/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Central Air
- Heat Pump System
- Bush Elementary School Rated A-
About This Home
As of October 2023TERRIFIC INVESTMENT OPPORTUNITY! This 4 Unit property with all 2 bedroom units is coming in at 6.2% CAP Rate. 3 long term leases in place. 1 unit run as an Air BnB bringing in substantial cashflow with a professional manager keeping it consistently rented. Do Not Bother Tenants. Available to see property once in escrow.
Last Agent to Sell the Property
Susan McCall
Commercial Property Connect License #BR552939000 Listed on: 08/31/2023
Co-Listed By
Amy Gibson
Commercial Property Connect License #BR651378000
Last Buyer's Agent
Susan McCall
Commercial Property Connect License #BR552939000 Listed on: 08/31/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,237
Year Built
- Built in 1985
Lot Details
- 7,841
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Over 1 Space Per Unit
- On-Street Parking
Utilities
- Central Air
- Heat Pump System
- Master Water Meter
Listing and Financial Details
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 22
- Assessor Parcel Number 141-80-401
Community Details
Overview
- 4 Units
- Building Dimensions are 7860
- Loma Vista Subdivision
Building Details
- Operating Expense $2,237
- Gross Income $68,179
- Net Operating Income $56,594
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2023
Closed on
Oct 4, 2023
Sold by
Miller Family Living Trust
Bought by
Hairapetian Erik
Seller's Agent
Susan McCall
Commercial Property Connect
Buyer's Agent
Susan McCall
Commercial Property Connect
List Price
$900,000
Sold Price
$880,000
Premium/Discount to List
-$20,000
-2.22%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,162
Avg. Annual Appreciation
0.58%
Purchase Details
Closed on
Jun 7, 2021
Sold by
Miller Steven H and Miller Sharon B
Bought by
Miller Steven Hunter and Miller Sharon Brenda
Purchase Details
Listed on
Jan 15, 2021
Closed on
Mar 3, 2021
Sold by
Golladay Melissa Kay
Bought by
Miller Steven H and Miller Sharon B
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Amy Gibson
Commercial Property Connect
List Price
$600,000
Sold Price
$650,000
Premium/Discount to List
$50,000
8.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$340,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 13, 2020
Sold by
Nutritional Pharmacist Llc
Bought by
Golladay Melissa Kay
Purchase Details
Listed on
Jan 18, 2019
Closed on
Jan 29, 2019
Sold by
Baker Jason
Bought by
Golladay Melissa
Seller's Agent
Bruce Duckett
Duckett Management & Real Estate
Buyer's Agent
Sophia Baron
Grace CRE
List Price
$425,000
Sold Price
$433,500
Premium/Discount to List
$8,500
2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$447,805
Interest Rate
4.4%
Mortgage Type
VA
Purchase Details
Closed on
Dec 14, 2010
Sold by
Park Ryan and Park Diane
Bought by
Baker Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
4.21%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 9, 2007
Sold by
Park Ryan and Park Diane
Bought by
Simon Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
6.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 9, 2007
Sold by
Walkosz Wiktor and Zolnierczyk Walkosz Donna M
Bought by
Park Ryan and Park Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
6.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 3, 2002
Sold by
Spencer J Phillip
Bought by
Walkosz Wiktor and Zolnierczyk Walkosz Donna M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
5.88%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hairapetian Erik | $880,000 | Grand Canyon Title | |
| Miller Steven Hunter | -- | None Available | |
| Miller Steven H | $650,000 | Dhi Title Agency | |
| Golladay Melissa Kay | -- | None Available | |
| Golladay Melissa | $433,500 | Chicago Title Agency Inc | |
| Baker Jason | $143,000 | Stewart Title & Trust Of Pho | |
| Simon Llc | -- | None Available | |
| Park Ryan | $375,000 | Transnation Title Ins Co | |
| Walkosz Wiktor | $236,000 | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Miller Steven H | $340,000 | |
| Previous Owner | Golladay Melissa | $447,805 | |
| Previous Owner | Baker Jason | $107,250 | |
| Previous Owner | Park Ryan | $281,250 | |
| Previous Owner | Walkosz Wiktor | $188,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/04/2023 10/04/23 | Sold | $880,000 | -2.2% | $272 / Sq Ft | |
| 09/06/2023 09/06/23 | Pending | -- | -- | -- | |
| 08/31/2023 08/31/23 | For Sale | $900,000 | +38.5% | $278 / Sq Ft | |
| 03/05/2021 03/05/21 | Sold | $650,000 | +8.3% | $201 / Sq Ft | View Prior Sale |
| 01/19/2021 01/19/21 | Pending | -- | -- | -- | |
| 01/08/2021 01/08/21 | For Sale | $600,000 | +38.4% | $186 / Sq Ft | |
| 02/21/2019 02/21/19 | Sold | $433,500 | -0.3% | $134 / Sq Ft | View Prior Sale |
| 01/23/2019 01/23/19 | Price Changed | $435,000 | +2.4% | $135 / Sq Ft | |
| 01/18/2019 01/18/19 | For Sale | $425,000 | -- | $131 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,277 | $23,085 | -- | -- |
| 2024 | $2,284 | $21,985 | -- | -- |
| 2023 | $2,284 | $57,930 | $11,580 | $46,350 |
| 2022 | $2,237 | $39,370 | $7,870 | $31,500 |
| 2021 | $2,265 | $35,370 | $7,070 | $28,300 |
| 2020 | $2,235 | $31,120 | $6,220 | $24,900 |
| 2019 | $2,088 | $25,310 | $5,060 | $20,250 |
| 2018 | $2,004 | $24,150 | $4,830 | $19,320 |
| 2017 | $1,945 | $19,920 | $3,980 | $15,940 |
| 2016 | $1,908 | $19,020 | $3,800 | $15,220 |
| 2015 | $1,794 | $17,410 | $3,480 | $13,930 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Seller Co-Listing Agent in 2023
Amy Gibson
Commercial Property Connect
-
James Stephens
J
Seller's Agent in 2021
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
(602) 672-3526
50 Total Sales
-
Bruce Duckett
Seller's Agent in 2019
Bruce Duckett
Duckett Management & Real Estate
(602) 578-7199
7 Total Sales
-
Sophia Baron
Buyer's Agent in 2019
Sophia Baron
Grace CRE
(480) 375-0227
79 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6599277
APN: 141-80-401
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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