NOT LISTED FOR SALE

Estimated Value: $1,032,000 - $1,271,000

6 Beds
-- Bath
2,826 Sq Ft
$397/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $1,110,000 $393 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,317/month

101 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of July 2022

Attention INVESTORS! Amazing opportunity to add this income producing, turnkey triplex to your portfolio. PRIME location close to Biltmore, Camelback Corridor, easy access to 51 freeway, restaurants, upscale shopping, and hiking trails. 11 minutes from Sky Harbor International Airport. Fully remodeled three large 2 bedroom/2 bath units (each around 950sf) each with in suite washer & dryer, covered patio off dining area, 1 covered parking spot and extra storage off carport for each unit. Roof and HVAC replaced approx. 8 years ago. All units have new modern kitchens and bathrooms, upgraded tile flooring throughout. All appliances convey with the sale. Continue renting as long term unfurnished (current market rates are $2000+ for 2/2 units) or furnish and turn this amazing property into short term rental to maximize profits. Low maintenance desert landscaping, no HOA. Separate electric meters. Owner pays for water/sewer/garbage. Beautiful residential area.

Last Agent to Sell the Property

Malgorzata Baker

HomeSmart License #SA550283000 Listed on: 02/22/2022

HomeSmart

Last Buyer's Agent

Gina Tartamella

Coldwell Banker Realty License #SA554212000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,231

Year Built

  • Built in 1962

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 6 Parking Spaces
  • Carport
  • Free Parking
  • Paved Parking

Schools

  • Madison Elementary School
  • Madison Park Middle School
  • Camelback High School

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Master Water Meter

Additional Features

  • Ceramic Tile Flooring
  • Property fronts an alley

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 7
  • Assessor Parcel Number 163-01-051

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8955
  • Ada Acres Subdivision

Building Details

  • Operating Expense $6,411
  • Gross Income $72,000
  • Net Operating Income $65,589

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,231

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: Indian School Rd & 32nd St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2021
  • Directions: North on 32nd St to Glenrosa Ave, West on Glenrosa to the property on the corner
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Subdivision Name: ADA ACRES
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Other, Dishwasher, Refrigerator, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved, Free, Add'l Parking Avail, 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1680.0

Schools

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

Lot Info

  • Lot Size: 8955
  • Additional Parcels: No
  • Parcel #: 163-01-051

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 72000.0
  • Insurance Expense: 1700.0
  • Property Net Operating Income: 65589.0
  • Annual Operating Expense: 6411.0

Tax Info

  • Tax Annual Amount: 2231.0
  • Tax Book Number: 163.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Jun 9, 2022
Sold by
Lope Llc
Bought by
Asset Preservation Inc and Dang
Seller's Agent
Malgorzata Baker
HomeSmart
Buyer's Agent
Gina Tartamella
Coldwell Banker Realty
List Price
$1,530,000
Sold Price
$1,110,000
Premium/Discount to List
-$420,000
-27.45%
Current Estimated Value
$1,121,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,770
Avg. Annual Appreciation
-1.35%

Purchase Details

Closed on
Dec 30, 2013
Sold by
Luecke Dale J
Bought by
Lope Llc

Purchase Details

Listed on
Nov 18, 2012
Closed on
Jul 15, 2013
Sold by
Voita Patrick J and Voita Lisa
Bought by
Luecke Dale J
Seller's Agent
Pamela Peacock
HomeSmart
Buyer's Agent
Artur Ciesielski
HomeSmart
List Price
$254,900
Sold Price
$247,000
Premium/Discount to List
-$7,900
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%
Original Mortgage
$185,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2003
Sold by
Mcavoy Marjorie J
Bought by
Voita Patrick J and Voita Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1995
Sold by
Mcavoy Marjorie J
Bought by
Mcavoy Marjorie J

Purchase Details

Closed on
Jun 3, 1994
Sold by
Dahms Mildred I
Bought by
Dahms Mildred I and Mcavoy Marjorie J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Asset Preservation Inc $1,110,000 New Title Company Name
Lope Llc -- None Available
Luecke Dale J $247,000 Chicago Title Agency Inc
Voita Patrick J $190,000 Tsa Title Agency
Mcavoy Marjorie J -- --
Dahms Mildred I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luecke Dale J $185,250
Previous Owner Voita Patrick J $166,900
Previous Owner Voita Patrick J $183,687
Previous Owner Voita Patrick J $179,900
Previous Owner Voita Patrick J $180,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Sold $1,110,000 -3.5% $393 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $1,150,000 -8.0% $407 / Sq Ft
04/23/2022 04/23/22 Price Changed $1,250,000 -7.4% $442 / Sq Ft
04/08/2022 04/08/22 Price Changed $1,350,000 -6.9% $478 / Sq Ft
03/08/2022 03/08/22 Price Changed $1,450,000 -5.2% $513 / Sq Ft
02/21/2022 02/21/22 For Sale $1,530,000 +519.4% $541 / Sq Ft
07/22/2013 07/22/13 Sold $247,000 -3.1% $87 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
11/18/2012 11/18/12 For Sale $254,900 -- $90 / 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 $2,442 $19,661 -- --
2024 $2,377 $18,724 -- --
2023 $2,377 $65,810 $13,160 $52,650
2022 $2,204 $49,770 $9,950 $39,820
2021 $2,231 $43,400 $8,680 $34,720
2020 $2,196 $38,770 $7,750 $31,020
2019 $2,147 $29,250 $5,850 $23,400
2018 $2,093 $24,750 $4,950 $19,800
2017 $1,992 $20,050 $4,010 $16,040
2016 $1,922 $20,420 $4,080 $16,340
2015 $1,787 $17,350 $3,470 $13,880
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6358534

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-01-051