NOT LISTED FOR SALE

Estimated Value: $481,879 - $636,000

2 Beds
-- Bath
2,100 Sq Ft
$248/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2021

Last sale price $450,000 $214 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,942 / mo

15 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of August 2021

All 2bd/1bth with separate backyard, washer and dryer outlet hookup for each unit. Single building housing all units, with block walls. Open lot in the back of the building for someone to add on more value. Great investment opportunity! This property is part of an investment package of 5 other properties. All tenants are on a month-to-month basis in each property. This is a great opportunity to buy single family homes and a multi-unit building with a built-in income.

Last Agent to Sell the Property

Logan Cerdhe

Stratton Vantage Property Management License #BR664977000 Listed on: 06/29/2021

Co-Listed By

Manuel Cerdhe

Mi Casa Property Management License #BR041729000

Last Buyer's Agent

Robert Tolnai

eXp Realty License #SA529823000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $849

Year Built

  • Built in 1965

Home Design

  • Composition Roof
  • Built-Up Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Lowell Elementary School
  • Lowell Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 7 / 6
  • Assessor Parcel Number 112-38-037

Community Details

Overview

  • 3 Units
  • Building Dimensions are about 7,006 sq ft.
  • Hampton Place Subdivision

Building Details

  • Operating Expense $849
  • Gross Income $29,030
  • Net Operating Income $24,997

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$849

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Central Ave & Mohave Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1965
  • Tax Year: 2020
  • Co List Office Mls Id: mcas01
  • Co List Office Phone: 480-969-4180
  • Subdivision Name: HAMPTON PLACE
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes

Schools

  • Elementary School: Lowell Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Lowell School

Lot Info

  • Lot Size: about 7,006 sq ft.
  • Additional Parcels: No
  • Parcel #: 112-38-037

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 29029.51
  • Property Net Operating Income: 24997.0
  • Annual Operating Expense: 849.0

Tax Info

  • Tax Annual Amount: 849.0
  • Tax Block: 6
  • Tax Book Number: 112.00
  • Tax Lot: 7

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
Jun 29, 2021
Closed on
Aug 26, 2021
Sold by
Bought by
Seller's Agent
Logan Cerdhe
Stratton Vantage Property Management
Buyer's Agent
Robert Tolnai
eXp Realty
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Current Estimated Value
$521,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,470
Avg. Annual Appreciation
3.04%
Original Mortgage
$337,500
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2021
Closed on
Aug 25, 2021
Sold by
Bought by
Seller's Agent
Logan Cerdhe
Stratton Vantage Property Management
Buyer's Agent
Robert Tolnai
eXp Realty
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2016
Closed on
Sep 16, 2016
Sold by
Bought by
Seller's Agent
Winston Tease Jr
eXp Realty
Buyer's Agent
Winston Tease Jr
eXp Realty
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.79%

Purchase Details

Closed on
Dec 29, 2006
Sold by
Bought by
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
-- --
$450,000 Landmark Title
$145,000 Nextitle
-- None Available
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 $337,500
Previous Owner $650,000
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 Prior Sale
08/30/2021 08/30/21 Sold $450,000 -2.0% $214 / Sq Ft
08/28/2021 08/28/21 For Sale $459,000 0.0% $219 / Sq Ft
08/28/2021 08/28/21 Price Changed $459,000 0.0% $219 / Sq Ft
07/13/2021 07/13/21 Price Changed $459,000 -5.4% $219 / Sq Ft
06/29/2021 06/29/21 For Sale $485,000 +177.1% $231 / Sq Ft
09/01/2016 09/01/16 Sold $175,000 0.0% $83 / Sq Ft View Prior Sale
09/01/2016 09/01/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $175,000 -- $83 / 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 $940 $6,619
2024 $877 $6,304
2023 $877 $25,680 $5,130 $20,550
2022 $845 $18,610 $3,720 $14,890
2021 $839 $15,650 $3,130 $12,520
2020 $849 $12,930 $2,580 $10,350
2019 $847 $11,620 $2,320 $9,300
2018 $833 $11,360 $2,270 $9,090
2017 $814 $9,910 $1,980 $7,930
2016 $790 $7,760 $1,550 $6,210
2015 $731 $6,750 $1,350 $5,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6258235

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-38-037

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