NOT LISTED FOR SALE

Estimated Value: $401,775 - $747,000

-- Bed
-- Bath
3,214 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $169,000 $53 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $3,569/month

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of June 2014

Excellent Short Sale Opportunity with one tenant already in place.
Four two bedroom/one bath units - average rent is $550.00 per month!

Last Listed By

Andrew Bloom

Keller Williams Northeast Realty License #SA110379000 Listed on: 09/12/2013

Keller Williams Northeast Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,090

Year Built

  • Built in 1984

Lot Details

  • 10,454

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 7
  • Assessor Parcel Number 140-40-419

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10,540
  • Lindsay Manor Subdivision

Building Details

  • Operating Expense $1,090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,090

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Lindsay / University
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: RM-3
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2012
  • Directions: South on Lindsay to Capri, East on Capri to Property on South side of the street
  • Road Surface Type: Asphalt
  • Subdivision Name: Lindsay Manor
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 10,540
  • Additional Parcels: No
  • Parcel #: 140-40-419

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Operating Expense: 1089.58
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1089.58
  • Tax Book Number: 140.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2013
Closed on
Aug 14, 2014
Sold by
Berman Gina
Bought by
2841 East Capri Circle Llc
Seller's Agent
Andrew Bloom
Keller Williams Northeast Realty
Buyer's Agent
Andrew Bloom
Keller Williams Northeast Realty
List Price
$125,000
Sold Price
$169,000
Premium/Discount to List
$44,000
35.2%
Total Days on Market
0
Current Estimated Value
$608,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,925
Avg. Annual Appreciation
12.42%
Original Mortgage
$115,342
Outstanding Balance
$89,251
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$519,674

Purchase Details

Listed on
Sep 12, 2013
Closed on
Jun 12, 2014
Sold by
Berman Gregory and Berman Gina M
Bought by
Berman Gina M and Berman Gregory
Seller's Agent
Andrew Bloom
Keller Williams Northeast Realty
Buyer's Agent
Andrew Bloom
Keller Williams Northeast Realty
List Price
$125,000
Sold Price
$169,000
Premium/Discount to List
$44,000
35.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,342
Outstanding Balance
$89,251
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$519,674

Purchase Details

Closed on
Apr 22, 2005
Sold by
Brinson David M and Brinson Heather L
Bought by
Alexander Aleyamma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,100
Interest Rate
2.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 2, 2001
Sold by
Kieffer Francis H and Kieffer Sandra S
Bought by
Brinson David M and Brinson Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 1995
Sold by
Daniel J Murphy Family Partnership Lp
Bought by
Kieffer Francis H and Kieffer Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,300
Interest Rate
8.43%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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List Price
Sold Price
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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
2841 East Capri Circle Llc -- First American Title
Berman Gina M -- Security Title Agency
Berman Gina M $177,450 Security Title Agency
Alexander Aleyamma $339,000 Fidelity National Title
Brinson David M $190,000 Chicago Title Insurance Co
Kieffer Francis H $119,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berman Gina M $115,342
Previous Owner Alexander Aleyamma $305,100
Previous Owner Brinson David M $156,000
Previous Owner Kieffer Francis H $73,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Sold $169,000 +35.2% $53 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
09/12/2013 09/12/13 For Sale $125,000 -- $39 / 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 $1,930 $19,661 -- --
2024 $1,946 $18,724 -- --
2023 $1,946 $50,050 $10,010 $40,040
2022 $1,905 $33,060 $6,610 $26,450
2021 $1,929 $30,730 $6,140 $24,590
2020 $1,904 $27,580 $5,510 $22,070
2019 $1,778 $23,470 $4,690 $18,780
2018 $1,707 $21,170 $4,230 $16,940
2017 $1,656 $15,980 $3,190 $12,790
2016 $1,625 $17,210 $3,440 $13,770
2015 $1,528 $15,130 $3,020 $12,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4997909

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-40-419