NOT LISTED FOR SALE

Estimated Value: $520,000 - $674,000

1 Bed
2 Baths
2,816 Sq Ft
$213/Sq Ft Est. Value

Last Sold December 12, 2017

Last sale price $258,000 $92 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $3,437/month

48 Days on Market

About This Home

As of December 2017

Back on market.Buyer couldn't perform.Awesome 4-plex with huge lot.There is no sign on property so please don't disturb tenants.Drive by only.Contact agent with any questions.The 4 units are all 2 bedroom 1 bath.Roof is 10 years old and A/C units are 1 year old.Property is free and clear.Selling agent is part of LLC ownership.Seller will consider every offer.Property is sold as is.

Last Agent to Sell the Property

Ognjen Zdrale

HomeSmart License #SA663025000 Listed on: 09/22/2017

HomeSmart

Last Buyer's Agent

Trent Wightman

TWG Real Estate Professionals License #BR636395000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 1985

Lot Details

  • 0.29

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 62
  • Assessor Parcel Number 214-03-062-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are 12480 sf
  • Campo Bello Subdivision

Building Details

  • Operating Expense $4,234
  • Gross Income $30,000
  • Net Operating Income $25,766

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,834

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 32nd St and Campo Bello Dr
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2016
  • Directions: 32nd St and Bell Rd go north until you see Campo Bello Dr then go west to the property
  • Road Surface Type: Asphalt
  • Subdivision Name: CAMPO BELLO
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Trash Expense: 1200.0
  • Annual Water Sewer Expense: 1200.0

Lot Info

  • Lot Size: 12480 sf
  • Additional Parcels: No
  • Parcel #: 214-03-062-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 30000.0
  • Property Net Operating Income: 25766.0
  • Annual Operating Expense: 4234.0

Tax Info

  • Tax Annual Amount: 1834.0
  • Tax Book Number: 214.00
  • Tax Lot: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2018
Sold by
Sroda Matthew
Bought by
2901 E Campo Bello Drive Llc
Current Estimated Value
$599,331

Purchase Details

Listed on
Sep 22, 2017
Closed on
Nov 28, 2017
Sold by
Luka Management Llc
Bought by
Sroda Matthew
Seller's Agent
Ognjen Zdrale
HomeSmart
Buyer's Agent
Trent Wightman
TWG Real Estate Professionals
List Price
$278,888
Sold Price
$258,000
Premium/Discount to List
-$20,888
-7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$193,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2014
Sold by
Zdrale Industries Llc
Bought by
Luka Management Llc

Purchase Details

Closed on
Apr 1, 2014
Sold by
Hanks Fred W and Hanks Linda L
Bought by
Zdrale Industries Llc

Purchase Details

Closed on
Mar 25, 1996
Sold by
Gauthier Yvan and Charbonneau Diane
Bought by
Hanks Fred W and Mooberry Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,319
Interest Rate
6.98%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
2901 E Campo Bello Drive Llc -- None Available
Sroda Matthew $258,000 Chicago Title Agency Inc
Luka Management Llc -- None Available
Zdrale Industries Llc $160,000 Grand Canyon Title Agency In
Hanks Fred W $81,119 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sroda Matthew $193,500
Previous Owner Hanks Fred W $76,319
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2017 12/12/17 Sold $258,000 -7.5% $92 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
11/08/2017 11/08/17 Price Changed $278,887 0.0% $99 / Sq Ft
11/07/2017 11/07/17 For Sale $278,888 0.0% $99 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
10/29/2017 10/29/17 Price Changed $278,888 -3.5% $99 / Sq Ft
10/20/2017 10/20/17 Price Changed $288,888 -1.4% $103 / Sq Ft
10/16/2017 10/16/17 Price Changed $292,888 -0.7% $104 / Sq Ft
09/28/2017 09/28/17 Price Changed $294,888 -1.3% $105 / Sq Ft
09/21/2017 09/21/17 For Sale $298,888 -- $106 / 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 $2,133 $21,431 -- --
2024 $2,089 $20,410 -- --
2023 $2,089 $39,370 $7,870 $31,500
2022 $2,068 $28,820 $5,760 $23,060
2021 $2,074 $26,610 $5,320 $21,290
2020 $2,009 $24,700 $4,940 $19,760
2019 $2,012 $23,400 $4,680 $18,720
2018 $1,946 $20,920 $4,180 $16,740
2017 $1,865 $19,200 $3,840 $15,360
2016 $1,834 $18,880 $3,770 $15,110
2015 $1,699 $16,220 $3,240 $12,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5663520

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-03-062B