NOT LISTED FOR SALE

Estimated Value: $524,608 - $601,000

Studio
-- Bath
3,564 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 26, 2016

Last sale price $250,000 $70 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,085/month

20 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of December 2016

Come and see this stunning remodeled 4 unit each with 2 bed, 2 bath property for sale located in Phoenix! This gorgeous home boasts great curb appeal, low maintenance desert front landscaping, slab parking, and neutral paint. The gourmet kitchens offer matching appliances, ample cabinet and counter space, and granite countertops. The immaculate master bedrooms feature a full bath and a nice closet. The backyard is comprised of a gravel landscaping, covered patio, and paved seating area perfect for entertaining. Don't miss the opportunity to see this wonderful investment opportunity. Schedule a showing today!

Last Agent to Sell the Property

Ivan Mendoza

HomeSmart License #SA580730000 Listed on: 10/19/2016

HomeSmart

Last Buyer's Agent

Jacob Cohen

Apex Realty, LLC License #BR510078000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $857

Year Built

  • Built in 1984

Lot Details

  • 7,667

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Alma Elementary School
  • Buckeye Elementary Middle School
  • Buckeye Union High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 4 Units
  • Building Dimensions are 7665
  • Dos Bloques Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 113-14-020-A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$857

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: S Central Ave & W Broadway Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Commercial
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Subdivision Name: DOS BLOQUES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • 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
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Alma Elementary School
  • High School: Buckeye Union High School
  • Middle Or Junior School: Buckeye Elementary School

Lot Info

  • Lot Size: 7665
  • Additional Parcels: No
  • Parcel #: 113-14-020-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: None
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 857.0
  • Tax Book Number: 113.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2018
Sold by
Solomon Capital International Llc
Bought by
Victory Rentals Llc
Current Estimated Value
$571,902

Purchase Details

Closed on
Feb 28, 2017
Sold by
Cherry Christopher
Bought by
Solomon Capital International Llc

Purchase Details

Listed on
Oct 19, 2016
Closed on
Dec 15, 2016
Sold by
Villalpando Jorge L and Villalpando Rocio
Bought by
Cherry Christopher
Seller's Agent
Ivan Mendoza
HomeSmart
Buyer's Agent
Jacob Cohen
Apex Realty, LLC
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$185,000
Interest Rate
3.54%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Aug 6, 2015
Closed on
Sep 29, 2015
Sold by
American Pride Properties Llc
Bought by
Villalpando Jorge L and Villalpando Rocio
Seller's Agent
Vicki Hayes
Good Oak Real Estate
Buyer's Agent
Bryan Schlueter
Midland Real Estate Alliance
List Price
$70,000
Sold Price
$80,100
Premium/Discount to List
$10,100
14.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
150.40%
Original Mortgage
$65,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2015
Closed on
Aug 6, 2015
Sold by
Wong Felix Lai
Bought by
American Pride Properties Llc
Seller's Agent
Vicki Hayes
Good Oak Real Estate
Buyer's Agent
Bryan Schlueter
Midland Real Estate Alliance
List Price
$70,000
Sold Price
$80,100
Premium/Discount to List
$10,100
14.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2005
Sold by
Veloz Jose R and Veloz Irma V
Bought by
Wong Felix Lai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,840
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2003
Sold by
Lopez Raymond V
Bought by
Veloz Jose R and Veloz Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 1992
Sold by
Dewar Properties Inc
Bought by
Lopez Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,800
Interest Rate
7.58%
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
Victory Rentals Llc $270,550 Premier Title Agency
Solomon Capital International Llc -- None Available
Cherry Christopher $250,000 Empire West Title Agency
Villalpando Jorge L $75,000 North American Title Company
American Pride Properties Llc -- None Available
Wong Felix Lai $256,500 First American Title Ins Co
Veloz Jose R $135,000 Arizona Title Agency Inc
Lopez Raymond -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cherry Christopher $185,000
Previous Owner Villalpando Jorge L $65,000
Previous Owner Wong Felix Lai $230,840
Previous Owner Veloz Jose R $121,500
Previous Owner Lopez Raymond $65,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/26/2016 12/26/16 Sold $250,000 -2.0% $70 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $255,000 +218.4% $72 / Sq Ft
10/01/2015 10/01/15 Sold $80,100 +14.4% $22 / Sq Ft View Prior Sale
09/17/2015 09/17/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $70,000 -- $20 / 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 $1,141 $7,568 -- --
2024 $1,080 $7,208 -- --
2023 $1,080 $37,510 $7,500 $30,010
2022 $1,059 $25,560 $5,110 $20,450
2021 $1,080 $20,270 $4,050 $16,220
2020 $1,067 $17,800 $3,560 $14,240
2019 $1,032 $17,120 $3,420 $13,700
2018 $1,004 $13,830 $2,760 $11,070
2017 $957 $11,380 $2,270 $9,110
2016 $911 $9,600 $1,920 $7,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5513230

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-14-020A