NOT LISTED FOR SALE

Estimated Value: $410,841 - $748,000

-- Bed
-- Bath
3,248 Sq Ft
$188/Sq Ft Est. Value

Last Sold June 03, 2015

Last sale price $182,000 $56 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $3,507/month

16 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Individual Controls for Heating
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of June 2015

100% Occupied Single Level Fourplex. Long Term Tenants. Washer/Dryer Hook-ups for each unit. Lots of Upside possible for rental rates. Good Cash Flow. All Facts and Figures approximate Buyer to Verify Their Satisfaction

Last Listed By

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 05/06/2015

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,243

Year Built

  • Built in 1980

Lot Details

  • 10,019

Home Design

  • Wood Frame Construction
  • Built-Up Roof

Flooring

  • Concrete Flooring

Parking

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

Utilities

  • Central Air
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 14
  • Assessor Parcel Number 138-14-017-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are 80 X 125
  • Hibbert Allen Acres Subdivision

Building Details

  • Gross Income $23,085
  • Net Operating Income $16,542

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,243

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: MAIN & STAPLEY
  • Property Type: Multiple Dwellings
  • Zoning: 4-PLEX
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2014
  • Directions: South to Dana, Turn East to Doran and Turn Right to Property
  • Road Surface Type: Asphalt
  • Subdivision Name: Hibbert Allen Acres
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, 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

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 800.0
  • Annual Water Sewer Expense: 2200.0

Lot Info

  • Lot Size: 80 X 125
  • Additional Parcels: No
  • Parcel #: 138-14-017-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 23085.0
  • Insurance Expense: 1100.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 16542.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1243.0
  • Tax Book Number: 138.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2015
Closed on
Jun 1, 2015
Sold by
Pfaff Alexander and Schutz Kati
Bought by
Tw2 Properties Llc
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jennifer Utter
HomeSmart
List Price
$209,900
Sold Price
$182,000
Premium/Discount to List
-$27,900
-13.29%
Total Days on Market
16
Current Estimated Value
$610,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,460
Avg. Annual Appreciation
12.95%

Purchase Details

Closed on
Mar 18, 2005
Sold by
Pfaff Alexander
Bought by
Pfaff Alexander and Schutz Kati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2005
Sold by
Schutz Kati
Bought by
Pfaff Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2005
Sold by
Ryan John and Winters Londin
Bought by
Pfaff Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Brown Berwyn L and Brown Mary E
Bought by
Ryan John and Winters Londin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2003
Sold by
Butler Tommy S
Bought by
Brown Berwyn L and Brown Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,700
Interest Rate
5.6%
Mortgage Type
Stand Alone Second

Range of Values:

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Average Value
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List Price
Sold Price
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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
Tw2 Properties Llc $182,000 Security Title Agency Inc
Pfaff Alexander -- --
Pfaff Alexander -- Fidelity National Title
Pfaff Alexander $270,000 Fidelity National Title
Ryan John $210,000 Nations Title Agency Of Az
Brown Berwyn L $187,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tw2 Properties Llc $2,445,000
Previous Owner Pfaff Alexander $175,500
Previous Owner Ryan John $163,800
Previous Owner Brown Berwyn L $36,700
Previous Owner Brown Berwyn L $146,900
Closed Ryan John $25,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2015 06/03/15 Sold $182,000 -13.3% $56 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $209,900 -- $65 / 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 $1,462 $14,893 -- --
2024 $1,474 $14,184 -- --
2023 $1,474 $53,250 $10,650 $42,600
2022 $1,443 $36,850 $7,370 $29,480
2021 $1,461 $29,530 $5,900 $23,630
2020 $1,442 $26,280 $5,250 $21,030
2019 $1,347 $20,800 $4,160 $16,640
2018 $1,293 $19,050 $3,810 $15,240
2017 $1,254 $18,960 $3,790 $15,170
2016 $1,231 $18,210 $3,640 $14,570
2015 $1,157 $15,610 $3,120 $12,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5276082

Arizona Regional Multiple Listing Service (ARMLS)

APN: 138-14-017C