NOT LISTED FOR SALE

Estimated Value: $439,321 - $813,000

Studio
-- Bath
3,580 Sq Ft
$181/Sq Ft Est. Value

Last Sold March 22, 2013

Last sale price $173,000 $48 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $3,540/month

18 Days on Market

Highlights

  • Cooling Available
  • Paradise Valley High School Rated A
  • Individual Controls for Heating

About This Home

As of March 2013

North Phoenix location! Single story building with 4 two bedroom
and two bathroom units. This is an excellent opportunity for an investor to
purchase a stable cash flowing fourplex with excellent return and upside potential.

Last Agent to Sell the Property

Terry Kass

Coldwell Banker Commercial Realty License #BR503783000 Listed on: 01/28/2013

Coldwell Banker Commercial Realty

Co-Listed By

Jon Dzwonkoski

Red Brick Realty, LLC License #BR643387000

Last Buyer's Agent

Bradley Hall

HomeSmart License #BR627710000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $826

Year Built

  • Built in 1983

Lot Details

  • 0.28

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Community Details

  • 4 Units
  • Building Dimensions are unk

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 214-38-003-T

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$826

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: 32nd Street and Greenway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: gpci01
  • Co List Office Phone: 602-703-5277
  • Tax Parcel Letter: T
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • 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: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: unk
  • Additional Parcels: No
  • Parcel #: 214-38-003-T

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 826.0
  • Tax Book Number: 214.00
  • Tax Lot: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2022
Sold by
Rima William E
Bought by
William E Rima Living Trust
Current Estimated Value
$646,830

Purchase Details

Listed on
Jan 28, 2013
Closed on
Mar 20, 2013
Sold by
Pkk Investments Llc
Bought by
Rima William E
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Bradley Hall
HomeSmart
List Price
$189,000
Sold Price
$173,000
Premium/Discount to List
-$16,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$120,750
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2011
Sold by
Wasta Llc
Bought by
Pkk Investments Llc

Purchase Details

Closed on
May 26, 2011
Sold by
Clarke Gerald
Bought by
Wasta Llc

Purchase Details

Closed on
Jun 28, 2004
Sold by
Nunez Agustin and Nunez Lupe
Bought by
Clarke Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,300
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2003
Sold by
Leboffe Daniel A
Bought by
Nunez Agustin and Nunez Lupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1994
Sold by
Mccollum Ernest E and Mccollum Bernadine S
Bought by
Leboffe Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,519
Interest Rate
8.35%
Mortgage Type
FHA
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
William E Rima Living Trust -- None Listed On Document
Rima William E $173,000 Chicago Title Agency Inc
Pkk Investments Llc $108,338 Chicago Title
Wasta Llc $76,000 Chicago Title
Clarke Gerald $309,000 Capital Title Agency Inc
Nunez Agustin $245,000 First American Title Ins Co
Leboffe Daniel A $97,500 First Service Title Agency I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rima William E $120,750
Previous Owner Clarke Gerald $216,300
Previous Owner Nunez Agustin $196,000
Previous Owner Leboffe Daniel A $89,519
Closed Clarke Gerald $61,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2013 03/22/13 Sold $173,000 -8.5% $48 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $189,000 -- $53 / 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 $1,299 $12,708 -- --
2024 $1,239 $12,103 -- --
2023 $1,239 $41,350 $8,270 $33,080
2022 $1,226 $28,100 $5,620 $22,480
2021 $1,230 $24,550 $4,910 $19,640
2020 $1,192 $21,610 $4,320 $17,290
2019 $1,193 $18,530 $3,700 $14,830
2018 $1,154 $17,810 $3,560 $14,250
2017 $1,106 $14,620 $2,920 $11,700
2016 $1,088 $17,510 $3,500 $14,010
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4881409

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-38-003T