NOT LISTED FOR SALE

Estimated Value: $297,000 - $399,000

-- Bed
1 Bath
1,300 Sq Ft
$268/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $106,000 $82 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $1,898/month

83 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of December 2016

*Price Reduced*This duplex is great for an investment property or move in one unit and rent out the other. Each unit has 2 bedrooms and 1 bath. Tile throughout with updated kitchens and baths. 3 covered carport spaces and a good sized yard. A must see. Come take a look before its gone. Buyer and their agent to verify all information within their inspection period.

Last Agent to Sell the Property

Victor Vidales

RE/MAX Desert Showcase License #SA552425000 Listed on: 08/24/2016

RE/MAX Desert Showcase

Co-Listed By

Berenice Hernandez

RE/MAX Foothills License #SA644980000

Last Buyer's Agent

Leticia Fuerte

My Home Group Real Estate License #SA110865000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1998

Lot Details

  • 7,667

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 25 / 2
  • Assessor Parcel Number 109-40-055

Community Details

Overview

  • 2 Units
  • Building Dimensions are Unknown
  • Prosperity Park Subdivision

Building Details

  • Operating Expense $518

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$518

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Cross Street: 35th ave and Van Buren
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1998
  • Tax Year: 2015
  • Directions: East on Van Buren, South on 33rd Ave, East on Jefferson to property
  • Road Surface Type: Gravel, Dirt
  • Co List Office Mls Id: rmnh01
  • Co List Office Phone: 602-296-0100
  • Subdivision Name: PROSPERITY PARK
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: 2 or More Units, Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: Unknown
  • Additional Parcels: No
  • Parcel #: 109-40-055

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 518.0

Tax Info

  • Tax Annual Amount: 518.0
  • Tax Block: 2
  • Tax Book Number: 109.00
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2018
Sold by
Smjecanin Indira
Bought by
Arellano Manuel and Melendez Tomasa
Current Estimated Value
$348,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$103,054
Interest Rate
4.38%
Mortgage Type
Commercial
Estimated Equity
$244,946

Purchase Details

Closed on
Mar 20, 2018
Sold by
Cottage To Palace Ventures Llc
Bought by
Smjacanin Indira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$103,054
Interest Rate
4.38%
Mortgage Type
Commercial
Estimated Equity
$244,946

Purchase Details

Listed on
Aug 24, 2016
Closed on
Dec 12, 2016
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Cottage To Palace Ventures Llc
Seller's Agent
Victor Vidales
RE/MAX Desert Showcase
Buyer's Agent
Leticia Fuerte
My Home Group Real Estate
List Price
$114,000
Sold Price
$106,000
Premium/Discount to List
-$8,000
-7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%
Original Mortgage
$106,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2013
Sold by
Branch Banking & Trust Company
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 16, 2013
Sold by
Delrea Agustin Enrique Morales
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Nov 7, 2000
Sold by
Jimenez Sergio Quiroz
Bought by
Delreal Agustin Enrique Morales

Purchase Details

Closed on
Nov 1, 2000
Sold by
Morales Yolanda
Bought by
Delreal Agustin Enrique Morales

Purchase Details

Closed on
Jul 19, 1999
Sold by
Quiroz Flerida
Bought by
Quiroz Jimenez Sergio

Purchase Details

Closed on
Feb 12, 1997
Sold by
J & M Properties
Bought by
Quiroz Efren J and Ibarra Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
7.96%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Arellano Manuel $135,000 Security Title Agency Inc
Smjecanin Indira -- Security Title Agency Inc
Smjacanin Indira $124,973 Great American Title Agency
Cottage To Palace Ventures Llc $106,000 Equity Title Agency Inc
Secretary Of Housing & Urban Development -- None Available
Branch Banking & Trust Company $80,345 None Available
Delreal Agustin Enrique Morales $85,000 Capital Title Agency
Delreal Agustin Enrique Morales -- Capital Title Agency
Quiroz Jimenez Sergio -- Chicago Title Insurance Co
Quiroz Jimenez Sergio $70,600 Chicago Title Insurance Co
Quiroz Efren J $20,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arellano Manuel $120,000
Previous Owner Cottage To Palace Ventures Llc $106,000
Previous Owner Quiroz Efren J $19,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2016 12/15/16 Sold $106,000 -7.0% $82 / Sq Ft
12/12/2016 12/12/16 For Sale $114,000 0.0% $88 / Sq Ft
12/12/2016 12/12/16 Price Changed $114,000 0.0% $88 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
11/08/2016 11/08/16 Pending -- -- --
10/21/2016 10/21/16 Price Changed $114,000 -5.0% $88 / Sq Ft
10/18/2016 10/18/16 For Sale $120,000 +13.2% $92 / Sq Ft
10/18/2016 10/18/16 Off Market $106,000 -- --
09/27/2016 09/27/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $120,000 0.0% $92 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $120,000 0.0% $92 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $120,000 -- $92 / 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 $630 $4,994 -- --
2024 $599 $4,756 -- --
2023 $599 $20,260 $4,050 $16,210
2022 $575 $13,580 $2,710 $10,870
2021 $609 $12,260 $2,450 $9,810
2020 $588 $10,660 $2,130 $8,530
2019 $582 $9,060 $1,810 $7,250
2018 $570 $7,360 $1,470 $5,890
2017 $548 $6,810 $1,360 $5,450
2016 $556 $5,210 $1,040 $4,170
2015 $518 $4,480 $890 $3,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5488586

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-40-055