NOT LISTED FOR SALE

Estimated Value: $785,286 - $1,287,000

-- Bed
-- Bath
2,952 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 14, 2012

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

Est. 299% increase in value since last sale

Current estimated payment $5,494/month

76 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating System Uses Natural Gas

About This Home

As of August 2012

4 Two bedroom 1 bath units with one under construction at time of TS. All other units is ready to rent condition. Property shares Drive and carports with model match fourplex to the north and common area usage agreements pending review. Less than one mile to ASU Main Campus and downtown Tempe. Served by Orbit free shuttlea and short walk to light rail. One mile to 202 Freeway. Great opportunity for Kiddie Condo type purchase with ASU student home plus income.

Last Agent to Sell the Property

Terence Riley

KMF Real Estate LLC License #SA522743000 Listed on: 05/17/2012

Last Buyer's Agent

Ruey Yu

HomeSmart License #SA635582000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1983

Lot Details

  • 8,407

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

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

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for gas, trash collection, water, sewer, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 124-32-059-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are .19 acres
  • Metes And Bounds Legal Subdivision

Building Details

  • Operating Expense $1,781

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,781

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Mill Ave and 5th St
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2011
  • Directions: From Mill west on 5th St to Wilson then north to address
  • Road Surface Type: Asphalt
  • Subdivision Name: Metes and bounds legal
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • 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: <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:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • 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

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

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

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1781.32

Tax Info

  • Tax Annual Amount: 1781.32
  • Tax Book Number: 124.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2016
Sold by
Yu Tom H and Yu Ruey
Bought by
Tjy Llc
Current Estimated Value
$958,322

Purchase Details

Closed on
Sep 10, 2014
Sold by
Yu Evan Tzyy Yih and Yu Tom H
Bought by
Yu Tom H and Yu Ruey

Purchase Details

Listed on
May 17, 2012
Closed on
Aug 15, 2012
Sold by
Federal National Mortgage Association
Bought by
Yu Evan Tzyy Yih and Yu Tom H
Seller's Agent
Terence Riley
KMF Real Estate LLC
Buyer's Agent
Ruey Yu
HomeSmart
List Price
$219,900
Sold Price
$240,000
Premium/Discount to List
$20,100
9.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%

Purchase Details

Closed on
Mar 31, 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
$230,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Tjy Llc -- None Available
Yu Tom H -- None Available
Yu Evan Tzyy Yih -- Service Link
Federal National Mortgage Association $303,509 Lawyers Title Company
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
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
08/14/2012 08/14/12 Sold $240,000 +9.1% $81 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $219,900 -- $74 / 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: 4760753

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-32-059C