NOT LISTED FOR SALE

Estimated Value: $226,000 - $291,000

Studio
1 Bath
1,156 Sq Ft
$220/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $135,000 $117 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,402/month

207 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of January 2017

Solid turn key with great tenants and Hugh cash flow. PRICED TO MOVE WILL LOOK AT ALL OFFERS. Superintendent in 2 bedroom makes management very easy.Updated units make makes it easy to rent.

Last Agent to Sell the Property

Cheryl Boisjoli

Realty Executives Arizona Territory License #SA539153000 Listed on: 06/13/2016

Realty Executives Arizona Territory

Last Buyer's Agent

Cheryl Boisjoli

Realty Executives Arizona Territory License #SA539153000 Listed on: 06/13/2016

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $594

Year Built

  • Built in 1945

Lot Details

  • 6,360

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Assigned Parking

Schools

  • Isaac E IMES Elementary School
  • Isaac Middle School
  • Phoenix Prep Academy High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 1900
  • Assessor Parcel Number 108-27-058-A

Community Details

Overview

  • 4 Buildings
  • 5 Units
  • Building Dimensions are 6,399
  • Franklin Village Subdivision

Building Details

  • Operating Expense $2,294

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$594

Year Built

Built in 1945

Lot Details

6,360 Sq Ft Lot

Listing Details

  • Cross Street: McDowell & Granada
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 4
  • Year Built: 1945
  • Tax Year: 2010
  • Road Surface Type: Asphalt, Sidewalk(s), Alley
  • Subdivision Name: Franklin Village
  • Tax Parcel Letter: A
  • 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, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned
  • 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:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Isaac E Imes School
  • High School: Phoenix Prep Academy
  • Middle Or Junior School: Isaac Middle School

Lot Info

  • Lot Size: 6,399
  • Additional Parcels: No
  • Parcel #: 108-27-058-A

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: None
  • Number Of Units Total: 5
  • Insurance Expense: 1700.0
  • Annual Operating Expense: 2294.0

Tax Info

  • Tax Annual Amount: 594.0
  • Tax Book Number: 108.00
  • Tax Lot: 1900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2009
Sold by
Fannie Mae
Bought by
Castillo Juan Jose
Current Estimated Value
$254,593

Purchase Details

Closed on
Sep 26, 2009
Sold by
Zeferino Isabel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 19, 2006
Sold by
Gomez Marco
Bought by
Zeferino Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2005
Sold by
Alvarado Ismael and Alvarado Aurora
Bought by
Gomez Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
8.57%
Mortgage Type
Fannie Mae Freddie Mac
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

Date Buyer Sale Price Title Company
Castillo Juan Jose $27,500 Lawyers Title Of Arizona Inc
Federal National Mortgage Association $129,078 First American Title
Zeferino Isabel $185,000 Transnation Title Ins Co
Gomez Marco $118,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zeferino Isabel $148,000
Previous Owner Gomez Marco $106,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2017 01/13/17 Sold $135,000 -23.3% $117 / Sq Ft
12/17/2016 12/17/16 Price Changed $176,000 -10.7% $152 / Sq Ft
11/09/2016 11/09/16 Price Changed $197,000 -0.5% $170 / Sq Ft
11/07/2016 11/07/16 Price Changed $198,000 -0.5% $171 / Sq Ft
09/30/2016 09/30/16 Price Changed $199,000 -4.9% $172 / Sq Ft
08/18/2016 08/18/16 Price Changed $209,200 -4.1% $181 / Sq Ft
07/11/2016 07/11/16 Price Changed $218,200 -7.1% $189 / Sq Ft
06/14/2016 06/14/16 Price Changed $235,000 +4.4% $203 / Sq Ft
06/13/2016 06/13/16 For Sale $225,000 -- $195 / 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 $1,097 $7,467 -- --
2024 $1,081 $7,111 -- --
2023 $1,081 $18,480 $3,690 $14,790
2022 $1,025 $13,670 $2,730 $10,940
2021 $984 $12,020 $2,400 $9,620
2020 $962 $10,230 $2,040 $8,190
2019 $941 $8,160 $1,630 $6,530
2018 $997 $7,250 $1,450 $5,800
2017 $875 $6,650 $1,330 $5,320
2016 $353 $4,570 $910 $3,660
2015 $321 $3,330 $660 $2,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5456839

Arizona Regional Multiple Listing Service (ARMLS)

APN: 108-27-034

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