NOT LISTED FOR SALE

Estimated Value: $524,000 - $788,000

Studio
-- Bath
2,252 Sq Ft
$299/Sq Ft Est. Value

Sale Details

Date Sold: August 13, 2019

Last sale price $375,000 $167 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,776 / mo

2 Days on Market

Highlights

  • Cooling Available
  • Outdoor Storage
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Partially Fenced Property

About This Home

As of August 2019

6-plex buying opportunity!! This tri plex is being sold with 3129 E Palm Lane tri plex as a bulk sale of 6 units which share a courtyard. List price includes all 6 units. Lot parcel is oversized for area. All units rented- interior of properties is fair condition.

Last Agent to Sell the Property

Brooke Castaneda

HomeSmart License #SA554964000 Listed on: 07/23/2019

HomeSmart

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,323

Year Built

  • Built in 1962

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Paved Parking

Schools

  • Creighton Elementary School

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available

Additional Features

  • Outdoor Storage
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 120-20-038-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 9798
  • Metes And Bounds Subdivision

Building Details

  • Operating Expense $22,441
  • Gross Income $45,600
  • Net Operating Income $24,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,323

Year Built

Built in 1962

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 32nd Street and McDowell
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Subdivision Name: Metes and Bounds
  • Tax Parcel Letter: A
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Electric, Individual
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Special:Special: Incorporated Area
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range
  • Interior Features:Interior Features: Unfurnished

Exterior Features

  • Disclosures: None
  • Construction Type: Block, Painted
  • Roof: Composition
  • Exterior Amenities: Curb(s) & Gutter(s), Fenced, Partially Fenced, Separate Storage

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • Parking Features:Parking Features: Paved

Utilities

  • Electric: APS
  • Cooling: Electric, Varies by Unit
  • Heating: Electric, Varies by Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Creighton Elementary School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 9798
  • Additional Parcels: No
  • Parcel #: 120-20-038-A

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 45600.0
  • Property Net Operating Income: 24624.0
  • Annual Operating Expense: 22441.0

Tax Info

  • Tax Annual Amount: 1323.0
  • Tax Book Number: 120.0
  • Tax Lot: 000

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

Listed on
Jul 23, 2019
Closed on
Aug 7, 2019
Sold by
Bought by
Seller's Agent
Brooke Castaneda
HomeSmart
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$410,000
Sold Price
$375,000
Premium/Discount to List
-$35,000
-8.54%
Current Estimated Value
$672,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,333
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Oct 7, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
0.0408%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 14, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 17, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 9, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,400
Interest Rate
0.07%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,400
Interest Rate
0.07%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 23, 2002
Sold by
Bought by

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
0.0609%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 8, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
0.0708%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$375,000 Commonwealth Land Ttl Ins Co
$230,000 Great American Title Agency
-- None Available
$50,000 Great American Title Agency
$185,451 Great American Title Agency
$215,500 Chicago Title Insurance Co
$215,500 Chicago Title Insurance Co
$125,000 Security Title Agency
$110,000 --
$105,000 --
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 $202,000
Previous Owner $172,400
Previous Owner $172,400
Previous Owner $100,000
Previous Owner $78,750
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
08/13/2019 08/13/19 Sold $375,000 -8.5% $167 / Sq Ft
07/23/2019 07/23/19 For Sale $410,000 -- $182 / 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 $1,489 $11,023
2024 $1,417 $10,499
2023 $1,417 $39,670 $7,930 $31,740
2022 $1,361 $29,800 $5,960 $23,840
2021 $1,394 $25,370 $5,070 $20,300
2020 $1,360 $21,110 $4,220 $16,890
2019 $1,351 $17,450 $3,490 $13,960
2018 $1,323 $15,850 $3,170 $12,680
2017 $1,272 $14,180 $2,830 $11,350
2016 $1,223 $12,300 $2,460 $9,840
2015 $1,137 $10,550 $2,110 $8,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5955755

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-20-038A

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