NOT LISTED FOR SALE

Estimated Value: $938,727

-- Bed
-- Bath
2,952 Sq Ft
$318/Sq Ft Est. Value

Last Sold December 24, 2012

Last sale price $240,000 $81 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $5,452/month

8 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of December 2012

Four two Bedroom 2 Bath units, individually metered for electricty with covered parking and walking biking distance to ASU and Downtown Tempe. All units match floorplan with two available to view (subject ot change.) Two lower units are occupied and shall not be disturbed for ANY reason. One common drive with adjacent model match 4plex and purchaser may be required to enter easement agreement regarding drive and carports which encroach both ways. This property can be purchased for as little as 3% down to an owner sponsored loan program with no Mortgage Insusrance, upfront or monthly. A great kiddie condo option for ASU students. Owner Occupant Primart residence only for 1st 15 days, ask for details.

Last Listed By

Terence Riley

KMF Real Estate LLC License #SA522743000 Listed on: 10/30/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,821

Year Built

  • Built in 1983

Lot Details

  • 8,407

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • Assigned Parking

Schools

  • Scales Technology Academy Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe Academy Of International Studies Mckemy High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 124-32-059-D

Community Details

Overview

  • 4 Units
  • Building Dimensions are .19 acres

Building Details

  • Operating Expense $1,821

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,821

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: University and Mill Ave
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2012
  • Directions: West on University to Farmer then north to 5th, then west to Wilson then north to address on left.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cmpg01
  • Co List Office Phone: 602-570-7860
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: BI Oven/Range, F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Assigned, <1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Heat Pump
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Breakfast Bar2: Yes

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe Academy Of International Studies McKemy
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size: .19 acres
  • Additional Parcels: No
  • Parcel #: 124-32-059-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1821.0

Tax Info

  • Tax Annual Amount: 1821.0
  • Tax Book Number: 124.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2016
Sold by
Yu Tom H
Bought by
Ety Llc
Total Days on Market
8
Current Estimated Value
$938,727

Purchase Details

Listed on
Oct 30, 2012
Closed on
Dec 17, 2012
Sold by
Federal National Mortgage Association
Bought by
Yu Tom H
Seller's Agent
Terence Riley
KMF Real Estate LLC
Buyer's Agent
Ruey Yu
HomeSmart
List Price
$276,000
Sold Price
$240,000
Premium/Discount to List
-$36,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$180,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2012
Sold by
Billera Judith A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 29, 2007
Sold by
Billera Judith A
Bought by
Billera Family Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2004
Sold by
Billera Judith
Bought by
Billera Family Properties Llc

Purchase Details

Closed on
Jun 24, 2004
Sold by
Billera William
Bought by
Billera Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,750
Interest Rate
6.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 18, 1999
Sold by
Hiner Edwin A and Crowe Thomas N
Bought by
Scott Michael B and Lamb Janette B

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
Ety Llc -- None Available
Yu Tom H -- Servicelink
Yu Tom H -- None Available
Federal National Mortgage Association $303,965 Accommodation
Billera Family Properties Llc -- Transnation Title Ins Co
Billera Family Properties Llc -- Transnation Title Ins Co
Billera Judith -- Transnation Title
Billera Judith $287,500 Transnation Title
Scott Michael B -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu Tom H $180,000
Previous Owner Billera Family Properties Llc $302,000
Previous Owner Billera Judith $28,750
Previous Owner Billera Judith $230,000
Previous Owner Billera Judith $28,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2012 12/24/12 Sold $240,000 -13.0% $81 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $276,000 -- $93 / 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 $2,960 $26,425 -- --
2024 $2,924 $25,166 -- --
2023 $2,924 $75,660 $15,130 $60,530
2022 $2,805 $59,820 $11,960 $47,860
2021 $2,825 $49,620 $9,920 $39,700
2020 $2,739 $44,370 $8,870 $35,500
2019 $2,687 $36,670 $7,330 $29,340
2018 $2,620 $30,300 $6,060 $24,240
2017 $2,542 $26,250 $5,250 $21,000
2016 $2,524 $24,960 $4,990 $19,970
2015 $2,425 $24,770 $4,950 $19,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4843149

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-32-059D