NOT LISTED FOR SALE

Estimated Value: $517,107 - $676,000

9 Beds
-- Bath
3,105 Sq Ft
$191/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2020

Last sale price $335,000 $108 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,294 / mo

96 Days on Market

Highlights

  • Evaporated cooling system
  • Vinyl Flooring
  • No Heating
  • Phoenix Coding Academy Rated A

About This Home

As of May 2020

Fantastic investment opportunity. Owner is moving out of state and cannot manage anymore. Triplex with 3-bedrooms and 2-bathrooms. Excellent condition and full rented. Completely renovated with fresh paint, gorgeous tile with accents, newer appliances and fixtures. The tenants love these units. Phenomenal turnkey investment property selling at 7 CAP.

Last Agent to Sell the Property

Michael Hatch

Realty ONE Group License #SA660779000 Listed on: 01/10/2020

Co-Listed By

Max Dewitt

Realty ONE Group License #SA652423000

Last Buyer's Agent

Oluwatoni Oluwafemi

eXp Realty License #SA681922000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1984

Lot Details

  • 7,187

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Paved Parking

Schools

  • Roosevelt Elementary School
  • South Mountain High Middle School
  • South Mountain High School

Utilities

  • Evaporated cooling system
  • No Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 148
  • Assessor Parcel Number 122-57-115-B

Community Details

Overview

  • 3 Units
  • Building Dimensions are irr
  • Broadway Estates Lots 137 158 Subdivision

Building Details

  • Operating Expense $890
  • Gross Income $31,620
  • Net Operating Income $24,565

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$890

Year Built

Built in 1984

Lot Details

7,187 Sq Ft Lot

Listing Details

  • Cross Street: 32nd Street and Broadway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reog02
  • Co List Office Phone: 480-321-8100
  • Subdivision Name: BROADWAY ESTATES LOTS 137-158
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: Master Meter
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: 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: South Mountain High School

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 122-57-115-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 31620.0
  • Property Net Operating Income: 24564.6
  • Annual Operating Expense: 890.0

Tax Info

  • Tax Annual Amount: 890.0
  • Tax Book Number: 122.00
  • Tax Lot: 148

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
May 1, 2020
Sold by
Bought by
Seller's Agent
Michael Hatch
Realty ONE Group
Buyer's Agent
Oluwatoni Oluwafemi
eXp Realty
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Current Estimated Value
$592,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,527
Avg. Annual Appreciation
9.92%
Original Mortgage
$328,932
Outstanding Balance
$291,479
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$301,048

Purchase Details

Closed on
Aug 7, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 8, 2013
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,340
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,340
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2003
Sold by
Bought by

Purchase Details

Closed on
May 16, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 7, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
12.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,320
Interest Rate
7.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$335,000 Great American Title Agency
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
$57,000 None Available
$238,000 Fidelity National Title
$190,000 North American Title Co
$190,000 North American Title Co
-- --
-- --
$155,000 Equity Title Agency Inc
-- --
$12,500 --
$11,912 --
$90,000 --
$57,200 Security Title Agency
$18,000 Lawyers Title Of Arizona Inc
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $328,932
Previous Owner $58,340
Previous Owner $190,400
Previous Owner $152,000
Previous Owner $152,000
Previous Owner $139,500
Previous Owner $81,000
Previous Owner $31,320
Previous Owner $17,000
Closed $9,000
Closed $19,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/26/2020 05/26/20 Sold $335,000 0.0% $108 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
03/30/2020 03/30/20 Price Changed $335,000 -2.9% $108 / Sq Ft
03/09/2020 03/09/20 Price Changed $345,000 -1.4% $111 / Sq Ft
03/04/2020 03/04/20 For Sale $350,000 0.0% $113 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $350,000 0.0% $113 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $350,000 -- $113 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $984 $6,525 -- --
2024 $931 $6,214 -- --
2023 $931 $39,030 $7,800 $31,230
2022 $913 $27,370 $5,470 $21,900
2021 $931 $22,250 $4,450 $17,800
2020 $920 $18,100 $3,620 $14,480
2019 $890 $18,250 $3,650 $14,600
2018 $866 $13,470 $2,690 $10,780
2017 $825 $9,800 $1,960 $7,840
2016 $785 $8,320 $1,660 $6,660
2015 $739 $7,170 $1,430 $5,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6022290

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-57-115B

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