NOT LISTED FOR SALE

Estimated Value: $98,000 - $654,000

Studio
-- Baths
864 Sq Ft
$379/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2021

Last sale price $500,000 $579 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $1,838 / mo

71 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • Individual Controls for Heating

About This Home

As of March 2021

Stable Tenants and great rents. This is a Turn Key Property that is kept well. NEWER ELECTRICAL PANELS W/PERMITS. New Windows-new new and more new! New Exterior Paint-new Landscaping. The property is fully leased. Look at the Documents tab for a list of multiple items. LOOK AT THE PHOTOS! Buyer to verify all facts and figures. The old SFH was removed with permits. Room to build on the lot. Buyer to verify all facts and figures.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 10/01/2020

Last Buyer's Agent

Linda CCIM

Stephen Magee Int'l Properties

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $454

Year Built

  • Built in 1950

Lot Details

  • 8,146

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Individual Controls for Heating
  • Window Unit Heating System
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water, sewer, landscaping
  • Legal Lot and Block 2 / 18
  • Assessor Parcel Number 400-27-169

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Building Dimensions are Rectagular
  • Buckeye Blk 22 27, 34 36 Subdivision

Building Details

  • Operating Expense $11,234
  • Gross Income $41,671
  • Net Operating Income $30,437

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$454

Year Built

Built in 1950

Lot Details

8,146 Sq Ft Lot

Listing Details

  • Cross Street: Main and Second Street
  • Legal Info Range: 3W
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2020
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Professional Management Expense: 2880.0
  • Subdivision Name: BUCKEYE BLK 22-27, 34-36
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks), Seller Prop Disc Stm, Sch of Personal Prop
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Window/Wall Unit, Electric, Individual
  • Heating: Individual, Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Schools

  • Junior High Dist: Buckeye Union High School District

Lot Info

  • Lot Size: Rectagular
  • Additional Parcels: No
  • Parcel #: 400-27-169

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 5
  • Annual Gross Income: 41671.2
  • Insurance Expense: 2200.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 30437.0
  • Annual Operating Expense: 11234.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 454.0
  • Tax Block: 18
  • Tax Book Number: 400.00
  • Tax Lot: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2025
Sold by
Ariel Properties Llc
Bought by
Current Estimated Value
$327,603

Purchase Details

Closed on
Apr 7, 2022
Sold by
Ariel Properties Llc
Bought by
309 Buckeye Llc

Purchase Details

Listed on
Oct 1, 2020
Closed on
Feb 24, 2021
Sold by
Ioncable Llc
Bought by
Ariel Properties Llc
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.41%
Original Mortgage
$330,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2019
Sold by
The Palms At Coronado Llc
Bought by
Ioncable Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2018
Sold by
Newland Thomas D and Newland Suan M
Bought by
The Palms At Coronado Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2007
Sold by
Burrell Tamie
Bought by
Burrell Richard

Purchase Details

Closed on
Jun 2, 2006
Sold by
Powers Burton J and Powers Stella W
Bought by
Newland Thomas D and Newland Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Buckeye, AZ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
309 Buckeye Llc -- Taylor English Duma Llp
Ariel Properties Llc $500,000 Empire West Title Agency Llc
Ioncable Llc $290,000 Empire West Title Agency Llc
The Palms At Coronado Llc $270,000 Empire West Title Agency Llc
Burrell Richard -- The Talon Group Metro Center
Newland Thomas D $125,000 Sunstate Title Agency Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $330,000
Previous Owner Ioncable Llc $188,500
Previous Owner The Palms At Coronado Llc $266,000
Previous Owner Newland Thomas D $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $500,000 -4.8% $579 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $525,000 -- $608 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $473 $3,874
2024 $456 $3,690
2023 $456 $12,880 $2,570 $10,310
2022 $457 $8,600 $1,720 $6,880
2021 $478 $8,130 $1,620 $6,510
2020 $454 $7,010 $1,400 $5,610
2019 $431 $4,410 $880 $3,530
2018 $409 $3,780 $750 $3,030
2017 $386 $4,370 $870 $3,500
2016 $378 $3,980 $790 $3,190
2015 $354 $3,850 $770 $3,080
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6140219

Arizona Regional Multiple Listing Service (ARMLS)

APN: 400-27-169

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