$178,000
SOLD MAR 9, 2012
8 Beds
4 Baths
720 Sq Ft
0.37 Acres

Recently Sold

$247 Per Sq Ft

21% Below List Price

446 Days on Market

Highlights

  • Painted or Stained Flooring
  • The Creighton Academy Rated 9+
  • Central Air

About This Home

As of March 2018

This is the best fourplex listed today. HUGE all two bedroom apartments on a HUGE lot! 100% Occupied and our tenants LOVE living here! Wonderful remodel within the past two years. Gut remodel includes tile flooring throughout the common ares and bedrooms. Two tone paint w new white baseboards. New kitchen appliances, cabinets, counter-tops, bathrooms, tubs, tub surrounds, doors interior/exterior/closets, lighting fixtures and hardware, dual pane windows and the list goes on... Mechanicals include new air conditioners, roof, water heaters, and much much. Gross rent is $2400 / month or $28,800 / year. Expect maintenance free problem free income for years to come.

Last Agent to Sell the Property

Dustin Defrates

Sterling Fine Properties License #SA627688000 Listed on: 12/03/2010

Last Buyer's Agent

Chad Vice

HomeSmart License #SA551681000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1971

Parking

  • On-Street Parking

Home Design

  • Built-Up Roof
  • Block Exterior

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Painted or Stained Flooring
  • Ceramic Tile

Laundry

  • Washer and Dryer Hookup

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • $1,941 per year Dock Fee
  • 4 Units
  • Building Dimensions are 25,551 SQ FT

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for landscaping, sewer, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,900

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: F/S Oven/Range, Refrigerator, W/D Hookup
  • Construction Finish: Painted
  • Cross Street: 32ND ST AND MCDOWELL ROAD
  • Floors: Ceramic Tile
  • Legal Info Lot Number: 21
  • Legal Info Range: 3E
  • Legal Info Section: 35
  • Legal Info Township: 2N
  • Roads Streets: Asphalt
  • Property Type: F
  • Hundred Block: 1800
  • Marketing Name: Remodeled 100% Occupied
  • Ownership: Fee Simple
  • Map Code Grid: P35
  • Year Built: 1971
  • Tax Year: 2010
  • Directions: From 32nd St go West on Mcdowell, North on 31st St and West on Coronado to property at the end of street on south side
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Mini Blinds, Vertical Blinds

Exterior Features

  • Exterior Amenities: Desert Landscaping, Fenced, Green Landscaping, Landscape Wtr System
  • Roofing: Built-Up
  • Construction: Block

Garage/Parking

  • Parking: 1 Space/Unit, Carport, Street Parking
  • Total Parking Spaces: 4.00
  • Covered Parking Spaces: 4.00

Utilities

  • Water: City Franchise
  • Electric: SRP
  • Gas: SW Gas
  • Cooling: Central A/C, Individual
  • Heating: Natural Gas

Condo/Co-op/Association

  • Community Amenities: No Pool

Schools

  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Lot Info

  • Lot Size: 25,551 SQ FT

Multi Family

  • Income And Expenses Adjusted Gross Inc: 28800.00
  • Income And Expenses Gross Annual Sch Inc: 28800.00
  • Income And Expenses Operating Exp: 1940.90
  • Number Of Two Bedroom Units: 4
  • Owner Pays: Landscaping, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas
  • Total Numberof Buildings: 1
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Sq Ft: 720
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 1940.90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2017
Closed on
Feb 28, 2018
Sold by
Chambers Woodruff Ariel and Chambers Woodruff Ariel
Bought by
Ramirez Gabriel and Ramirez Rebecca
Seller's Agent
Patricia Cain
Ascend Realty
Buyer's Agent
Rebecca O'Brien
HomeSmart
List Price
$295,900
Sold Price
$285,000
Premium/Discount to List
-$10,900
-3.68%
Total Days on Market
446
Current Estimated Value
$676,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,829
Avg. Annual Appreciation
12.60%
Original Mortgage
$213,750
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2013
Closed on
Jan 27, 2014
Sold by
East Coronado Llc
Bought by
Chambers Woodruff Ariel
Seller's Agent
Jason Campagna
Orion Investment Real Estate
Buyer's Agent
Sanjog Gopal
eXp Realty
List Price
$229,900
Sold Price
$215,000
Premium/Discount to List
-$14,900
-6.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$219,622
Interest Rate
4.46%
Mortgage Type
VA

Purchase Details

Listed on
Dec 3, 2010
Closed on
Mar 9, 2012
Sold by
Paulsrud Brett and Rioff Joseph
Bought by
East Coronado Llc
Seller's Agent
Dustin Defrates
Sterling Fine Properties
Buyer's Agent
Chad Vice
HomeSmart
List Price
$224,900
Sold Price
$178,000
Premium/Discount to List
-$46,900
-20.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%
Original Mortgage
$132,375
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2010
Closed on
Mar 7, 2012
Sold by
Rioff Monique
Bought by
Rioff Joseph
Seller's Agent
Dustin Defrates
Sterling Fine Properties
Buyer's Agent
Chad Vice
HomeSmart
List Price
$224,900
Sold Price
$178,000
Premium/Discount to List
-$46,900
-20.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,375
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2010
Sold by
Fannie Mae
Bought by
Pikula Anett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2010
Sold by
Vatistas John
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 12, 2007
Sold by
Vatistas John
Bought by
2949 E Coronado Road Llc

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
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2007
Sold by
Vatistas Tasha
Bought by
Vatistas John

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
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2007
Sold by
Emc Mortgage Corp
Bought by
Vatistas John

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
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2007
Sold by
Hamana Lillian
Bought by
Emc Mortgage Corp

Purchase Details

Closed on
Jul 6, 2006
Sold by
Hamana Arkan
Bought by
Hamana Lilian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 1, 2005
Sold by
Ran Llc
Bought by
Hamana Arkan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 12, 2003
Sold by
Ran Amir
Bought by
Ran Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2001
Sold by
Ran Amir
Bought by
Ran Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.19%

Purchase Details

Closed on
Aug 10, 2001
Sold by
Ran Llc
Bought by
Ran Amir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.19%

Purchase Details

Closed on
Mar 3, 1998
Sold by
Frank Wayne H
Bought by
Wheat William

Purchase Details

Closed on
Jun 11, 1979
Sold by
Carpenter Glen Thomas
Bought by
Caruana M and Caruana Denny R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $285,000 Old Republic Title Agency
Warranty Deed $215,000 Lawyers Title Of Arizona Inc
Warranty Deed -- None Available
Interfamily Deed Transfer -- Fidelity National Title Agen
Interfamily Deed Transfer -- Fidelity National Title Agen
Warranty Deed $176,500 Fidelity National Title Agen
Special Warranty Deed $150,000 Stewart Title & Trust Of Pho
Trustee Deed $177,384 First American Title
Warranty Deed -- Camelback Title Agency
Interfamily Deed Transfer -- Chicago Title Insurance Co
Special Warranty Deed $215,000 Lsi Title Agency Inc
Trustee Deed $310,250 None Available
Warranty Deed $425,000 Arizona Title Agency Inc
Warranty Deed $339,000 Arizona Title Agency Inc
Warranty Deed -- Camelback Title Agency Llc
Warranty Deed -- Camelback Title Agency Llc
Quit Claim Deed -- Arizona Title Agency Inc
Quit Claim Deed -- Arizona Title Agency Inc
Warranty Deed $128,100 Arizona Title Agency Inc
Warranty Deed $88,000 Ati Title Agency
Warranty Deed -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Closed $213,750 New Conventional
Previous Owner $219,622 VA
Previous Owner $135,823 New Conventional
Previous Owner $132,375 New Conventional
Previous Owner $135,000 Purchase Money Mortgage
Previous Owner $16,583 Unknown
Previous Owner $161,250 New Conventional
Previous Owner $106,250 Stand Alone Second
Previous Owner $297,500 Purchase Money Mortgage
Previous Owner $271,200 Fannie Mae Freddie Mac
Previous Owner $142,500 Purchase Money Mortgage
Previous Owner $140,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $285,000 -3.7% $99 / Sq Ft
02/16/2018 02/16/18 Price Changed $295,900 0.0% $103 / Sq Ft
01/14/2018 01/14/18 Pending -- -- --
12/28/2017 12/28/17 Pending -- -- --
12/13/2017 12/13/17 For Sale $295,900 +37.6% $103 / Sq Ft
02/07/2014 02/07/14 Sold $215,000 -6.5% $75 / Sq Ft
12/31/2013 12/31/13 Pending -- -- --
12/23/2013 12/23/13 For Sale $229,900 +29.2% $80 / Sq Ft
03/09/2012 03/09/12 Sold $178,000 -20.9% $247 / Sq Ft
02/22/2012 02/22/12 Pending -- -- --
12/03/2010 12/03/10 For Sale $224,900 -- $312 / 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 $1,900 $14,615 -- --
2024 $1,878 $13,919 -- --
2023 $1,878 $49,310 $9,860 $39,450
2022 $1,804 $35,330 $7,060 $28,270
2021 $1,848 $28,520 $5,700 $22,820
2020 $1,803 $23,500 $4,700 $18,800
2019 $1,791 $23,200 $4,640 $18,560
2018 $1,754 $20,880 $4,170 $16,710
2017 $1,686 $19,070 $3,810 $15,260
2016 $1,621 $17,260 $3,450 $13,810
2015 $1,508 $14,720 $2,940 $11,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4502153

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-27-030A