NOT LISTED FOR SALE

Estimated Value: $275,000 - $364,386

Studio
1 Bath
917 Sq Ft
$338/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2018

Last sale price $188,000 $205 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,744 / mo

70 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of March 2018

*DO NOT DISTURB TENANTS* Investor special with great returns and very limited maintenance. Long term tenants have been in place and buyers have option to renew leases in escrow, tenants love their homes and want to stay! Both units are 3 Bedroom - 1 Bathroom -900 square feet with full kitchens and appliances included. Both units are identical to each other and are in high demand always. Home offers a 9% CAP in a market where people are buying for 6%.

Last Agent to Sell the Property

Tanner Lee

One Way Homes License #BR660785000 Listed on: 11/07/2017

Last Buyer's Agent

Tanner Lee

One Way Homes License #BR660785000 Listed on: 11/07/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $823

Year Built

  • Built in 2003

Lot Details

  • 7,492

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • North High Middle School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for water, sewer
  • Tax Lot 54
  • Assessor Parcel Number 122-60-031

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $2,323
  • Net Operating Income $17,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$823

Year Built

Built in 2003

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Cross Street: 24th and Brodway
  • Property Type: Multiple Dwellings
  • Zoning: 0
  • Number Of Buildings: 2
  • Year Built: 2003
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1500.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Middle Or Junior School: North High School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 122-60-031

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer
  • Number Of Units Total: 2
  • Property Net Operating Income: 17100.0
  • Annual Operating Expense: 2323.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 823.0
  • Tax Book Number: 122.00
  • Tax Lot: 54

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2023
Sold by
Bought by
Current Estimated Value
$309,597

Purchase Details

Closed on
Nov 16, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
0.0708%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2022
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
0.032%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2017
Closed on
Mar 9, 2018
Sold by
Bought by
Seller's Agent
Tanner Lee
One Way Homes
Buyer's Agent
Tanner Lee
One Way Homes
List Price
$199,999
Sold Price
$188,000
Premium/Discount to List
-$11,999
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$153,000
Interest Rate
0.0415%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2017
Closed on
Jan 17, 2018
Sold by
Bought by
Seller's Agent
Tanner Lee
One Way Homes
Buyer's Agent
Tanner Lee
One Way Homes
List Price
$199,999
Sold Price
$188,000
Premium/Discount to List
-$11,999
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
0.0415%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
0.036%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
0.0455%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 11, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
0.0338%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
0.0627%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 2002
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Professional Escrow Services
-- Title365
-- Morris Hall Pllc
$215,000 Millennium Title Agency Llc
-- Accommodation
$175,000 Driggs Title Agency Inc
$140,000 American Title Svc Agency Ll
$150,000 None Available
$78,000 None Available
$179,000 First Financial Title Agency
-- --
$14,000 Land Title Agency Of Az Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $226,000
Closed $201,600
Closed $161,250
Closed $153,000
Closed $35,000
Closed $105,000
Closed $72,500
Closed $62,400
Closed $7,800
Closed $143,200
Closed $96,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/01/2018 03/01/18 Sold $188,000 -2.5% $205 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
01/12/2018 01/12/18 Price Changed $192,900 -1.0% $210 / Sq Ft
12/26/2017 12/26/17 Price Changed $194,900 -2.5% $213 / Sq Ft
11/07/2017 11/07/17 For Sale $199,999 -- $218 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $981 $6,510 -- --
2024 $929 $6,200 -- --
2023 $929 $23,730 $4,740 $18,990
2022 $910 $17,710 $3,540 $14,170
2021 $929 $15,280 $3,050 $12,230
2020 $917 $14,120 $2,820 $11,300
2019 $888 $12,010 $2,400 $9,610
2018 $864 $9,770 $1,950 $7,820
2017 $823 $7,900 $1,580 $6,320
2016 $783 $7,460 $1,490 $5,970
2015 $737 $5,950 $1,190 $4,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5684631

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-60-031

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