NOT LISTED FOR SALE

Estimated Value: $385,276 - $443,000

3 Beds
3 Baths
1,308 Sq Ft
$317/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $341,900 $261 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,267/month

13 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of March 2021

Welcome Home to Oak St.. This multi-dwelling is ready to produce some income for you. Two renters are in place currently with 1 vacancy. With a little TLC you will be able to yield even more proceeds. Tenants are month to month and ask for 30 day notice through the end of COE month. Bring offers to the tables, seller is selling as is! All showings must be ok'd by property manager. Do not disturb the tenants!!

Last Agent to Sell the Property

Eric Brossart

Keller Williams Realty Phoenix License #SA662931000 Listed on: 02/04/2021

Keller Williams Realty Phoenix

Last Buyer's Agent

Carrie Lehrman

SRL Group License #BR626599000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,031

Year Built

  • Built in 1947

Lot Details

  • 7,623

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • On-Street Parking

Schools

  • Creighton Elementary School
  • Camelback High School

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 120-21-010

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 7640
  • Rhoades Park Subdivision

Building Details

  • Operating Expense $1,031
  • Gross Income $21,090
  • Net Operating Income $17,246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,031

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Cross Street: 32nd St and Oak St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1947
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: RHOADES PARK
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Window/Wall Unit, Individual, 2 or More Units
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, Irrigation
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 7640
  • Additional Parcels: No
  • Parcel #: 120-21-010

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 3
  • Annual Gross Income: 21090.0
  • Property Net Operating Income: 17246.0
  • Annual Operating Expense: 1031.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1031.0
  • Tax Book Number: 120.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Downs David and Downs Cassie
Bought by
Smith Scott Royal and 3039 E Oak Street Trust
Current Estimated Value
$414,319

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 8, 2021
Sold by
Behseresht Arya and Lui Bonnie
Bought by
Downs David and Downs Cassie
Seller's Agent
Eric Brossart
Keller Williams Realty Phoenix
Buyer's Agent
Carrie Lehrman
SRL Group
List Price
$349,900
Sold Price
$341,900
Premium/Discount to List
-$8,000
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$256,425
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2013
Closed on
Dec 27, 2013
Sold by
White Glove Investments Llc
Bought by
Behseresht Arya and Lui Bonnie
Seller's Agent
Candee OBannon
DF
Buyer's Agent
Marla Wicks
Better Homes & Gardens Real Estate SJ Fowler
List Price
$185,900
Sold Price
$146,888
Premium/Discount to List
-$39,012
-20.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.51%
Original Mortgage
$102,200
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2011
Sold by
D & M Associates Llc
Bought by
White Glove Investments Llc

Purchase Details

Closed on
Nov 30, 2010
Sold by
Wells Fargo Bank Na
Bought by
D&M Associates International Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2010
Sold by
Hernandez James and Hernandez Patricia
Bought by
Wells Fargo Bank Na and Wachovia Mortgage

Purchase Details

Closed on
Mar 12, 2007
Sold by
Hernandez James
Bought by
Hernandez James and Hernandez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2004
Sold by
Robeson Enrique C and Robeson Rosa M
Bought by
Hernandez James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2003
Sold by
Ruiz Arnulfo L and Ruiz Edna Y
Bought by
Robeson Enrique C and Robeson Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 1996
Sold by
Banks Richard
Bought by
Banks Richard

Purchase Details

Closed on
Sep 28, 1990
Sold by
Ruiz Regina A
Bought by
Ruiz Arnulfo L and Ruiz Edna Y
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
Smith Scott Royal -- None Available
Downs David $349,000 Premier Title Agency
Behseresht Arya $146,888 Dhi Title Agency
White Glove Investments Llc -- Dhi Title Agency
White Glove Investments Llc -- None Available
D&M Associates International Llc $39,000 Pioneer Title Agency Inc
Wells Fargo Bank Na $34,310 None Available
Hernandez James -- None Available
Hernandez James $161,000 Security Title Agency Inc
Robeson Enrique C $85,000 Fidelity National Title
Ruiz Arnulfo L -- Fidelity National Title
Banks Richard -- --
Banks Richard -- --
Ruiz Arnulfo L -- --
Ruiz Arnulfo L $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downs David $256,425
Previous Owner Behseresht Arya $102,200
Previous Owner D&M Associates International Llc $30,000
Previous Owner Hernandez James $175,000
Previous Owner Hernandez James $128,800
Previous Owner Robeson Enrique C $76,500
Closed Hernandez James $24,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $341,900 -2.3% $261 / Sq Ft
03/22/2021 03/22/21 For Sale $349,900 0.0% $268 / Sq Ft
03/22/2021 03/22/21 Price Changed $349,900 0.0% $268 / Sq Ft
02/04/2021 02/04/21 For Sale $349,900 +138.2% $268 / Sq Ft
01/29/2014 01/29/14 Sold $146,888 -21.0% $112 / Sq Ft View Prior Sale
11/07/2013 11/07/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $185,900 -- $142 / 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 $1,208 $8,945 -- --
2024 $1,069 $8,519 -- --
2023 $1,069 $25,280 $5,050 $20,230
2022 $1,025 $18,470 $3,690 $14,780
2021 $1,058 $17,570 $3,510 $14,060
2020 $1,031 $14,510 $2,900 $11,610
2019 $1,024 $14,780 $2,950 $11,830
2018 $1,003 $12,930 $2,580 $10,350
2017 $963 $10,310 $2,060 $8,250
2016 $924 $9,420 $1,880 $7,540
2015 $861 $6,150 $1,230 $4,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6189904

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-21-010