NOT LISTED FOR SALE

Estimated Value: $611,000 - $665,000

4 Beds
-- Bath
3,618 Sq Ft
$176/Sq Ft Est. Value

Last Sold February 18, 2014

Last sale price $163,000 $45 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $3,465/month

107 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Individual Controls for Heating

About This Home

As of February 2014

Easy to rent - just put out a sign! Preferred unit mix in Palomino Point: 3 bed/3 bath, 2 bed/2 bath, 2 bed/1.5 bath townhouse and a large 1 bed/1 bath - all with washer dryer hookups and two of these units have washers/dryers! HOA pays the water/sewer/trash and landscaping. Buyer to verify all items prior to close of escrow.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 10/14/2013

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

Mona Oshana

Southwest Property Sales & Leasing License #SA542777000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,111

Year Built

  • Built in 1982

Lot Details

  • 6,273

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Parking

  • 1 Open Parking Space
  • 5 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 72
  • Assessor Parcel Number 214-39-100

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $10,455
  • Gross Income $24,775
  • Net Operating Income $14,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,111

Year Built

Built in 1982

Lot Details

6,273 Sq Ft Lot

Listing Details

  • Cross Street: Greenway/32nd St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, SRP, Individual Meter
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 214-39-100

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 24775.2
  • Insurance Expense: 1200.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 14320.0
  • Annual Operating Expense: 10455.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1111.0
  • Tax Book Number: 214.00
  • Tax Lot: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2015
Sold by
Galloway Michael
Bought by
Hamamy Investments Lllp
Current Estimated Value
$636,333

Purchase Details

Listed on
Oct 14, 2013
Closed on
Feb 11, 2014
Sold by
Khromov Sergey and Khromova Anna
Bought by
Galloway Michael
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Mona Oshana
Southwest Property Sales & Leasing
List Price
$169,900
Sold Price
$163,000
Premium/Discount to List
-$6,900
-4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%

Purchase Details

Closed on
Oct 21, 2011
Sold by
Khromov Sergey
Bought by
Khromov Sergey and Khromova Anna

Purchase Details

Closed on
Jun 13, 2011
Sold by
Colman Bryant William
Bought by
Khromov Sergey

Purchase Details

Closed on
Nov 14, 2005
Sold by
Bliven Investments Llc
Bought by
Colman Bryant William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records
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
Hamamy Investments Lllp $171,700 Lawyers Title Of Arizona Inc
Galloway Michael $163,000 Chicago Title Agency Inc
Khromov Sergey -- None Available
Khromov Sergey $90,000 Chicago Title
Colman Bryant William $380,000 Tsa Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colman Bryant William $304,000
Closed Colman Bryant William $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2014 02/18/14 Sold $163,000 -4.1% $45 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
10/14/2013 10/14/13 For Sale $169,900 -- $47 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,417 $13,862 -- --
2024 $1,351 $13,202 -- --
2023 $1,351 $39,300 $7,860 $31,440
2022 $1,337 $27,000 $5,400 $21,600
2021 $1,341 $23,160 $4,630 $18,530
2020 $1,300 $20,470 $4,090 $16,380
2019 $1,302 $18,050 $3,610 $14,440
2018 $1,259 $15,830 $3,160 $12,670
2017 $1,207 $14,950 $2,990 $11,960
2016 $1,187 $13,410 $2,680 $10,730
2015 $1,099 $12,570 $2,510 $10,060
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5014576

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-100

Your Personal Tour Guide

Ask me questions while you tour the home.