NOT LISTED FOR SALE

Estimated Value: $500,000 - $767,909

6 Beds
3 Baths
876 Sq Ft
$773/Sq Ft Est. Value

Last Sold August 09, 2012

Last sale price $160,000 $183 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $4,066/month

9 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Garage
  • Phoenix Coding Academy Rated A

About This Home

As of August 2012

TRULY A UNIQUE FIND. Excellent Income Potential. Three homes (1 main in front and two adorable units in middle and back of large lot. 2 Currently occupied with tenants paying $1250 per month total.3rd unit vacant. Each home has a yard area and the two smaller units have a common covered carport. Each of 3 houses has unique qualities including gas ranges. Front house has hardwood flooring. Walk to Lightrail and Camelback / Central Corridor amenities.

Jason Campagna

Orion Investment Real Estate License #SA543294000 Listed on: 07/16/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,191

Year Built

  • Built in 1947

Lot Details

  • 0.43

Parking

  • Garage

Home Design

  • Composition Shingle Roof
  • Block Exterior

Flooring

  • Wood
  • Painted or Stained Flooring
  • Concrete

Schools

  • North High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • $1,211 per year Dock Fee
  • 3 Units
  • Building Dimensions are IRR

Listing and Financial Details

  • Tenant pays for electric, gas, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,191

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Construction Finish: Painted
  • Cross Street: CENTRAL/CAMELBACK
  • Floors: Concrete, Wood
  • Legal Info Lot Number: 1
  • Roads Streets: Concrete
  • Property Type: F
  • Hndrd Blk Directionl: W
  • Hundred Block: 300
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 2.00
  • Map Code Grid: P34
  • Year Built: 1947
  • Tax Year: 2012
  • Directions: South on Central to Highland, West to property.
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roofing: Comp Shingle
  • Construction: Block

Garage/Parking

  • Parking: Carport, Garage
  • Total Parking Spaces: 5.00
  • Covered Parking Spaces: 3.00

Utilities

  • Water: City Franchise
  • Electric: APS
  • Gas: SW Gas
  • Cooling: Electric
  • Heating: Natural Gas

Condo/Co-op/Association

  • Community Amenities: No Pool

Schools

  • High School: North High School
  • High School: North High School

Lot Info

  • Lot Size: IRR

Multi Family

  • Income And Expenses Operating Exp: 1211.00
  • Number Of Two Bedroom Units: 3
  • Tenant Pays: Electric, Gas, Sewer, Water
  • Total Numberof Buildings: 3
  • Total Numberof Units: 3.00
  • Two Bedroom Units Avg Sq Ft: 876
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 1211.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Casabix Llc
Bought by
Corridor Living Llc
Total Days on Market
9
Current Estimated Value
$676,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,250
Outstanding Balance
$554,637
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$122,340

Purchase Details

Closed on
Sep 24, 2013
Sold by
Bixler Kenneth M
Bought by
Casabix Llc

Purchase Details

Closed on
Mar 18, 2013
Sold by
Bixler Kenneth M
Bought by
Casabix Llc

Purchase Details

Listed on
Jul 16, 2012
Closed on
Aug 9, 2012
Sold by
Casa Calasa Llc
Bought by
Bixler Ken
Buyer's Agent
Jason Campagna
Orion Investment Real Estate
List Price
$195,000
Sold Price
$160,000
Premium/Discount to List
-$35,000
-17.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.90%

Purchase Details

Closed on
Nov 12, 2009
Sold by
Cotterkey Investments Ltd
Bought by
Casa Calasa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
4.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2009
Sold by
Round Tree William N and Round Tree Dolleen M
Bought by
Cotterkey Investments Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
4.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2006
Sold by
Round Tree William N
Bought by
Round Tree Dolleen M

Purchase Details

Closed on
Aug 13, 2003
Sold by
Hansen Douglas W and Hansen Claire Y
Bought by
Round Tree William N and Round Tree Dolleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 1998
Sold by
Pedek Leonard and Pedek Yolande
Bought by
Nelson Warren C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 1997
Sold by
Pedek Leonard and Pedek Yolande
Bought by
Pedek Leonard and Pedek Yolande

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 1997
Sold by
Pedek Leonard and Pedek Yolande
Bought by
Pedek Leonard and Pedek Yolande

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 1997
Sold by
Nelson Warren C
Bought by
Hansen Douglas W and Hansen Claire Y

Purchase Details

Closed on
Jun 14, 1994
Sold by
Pedek Leonard and Pedek Yolande
Bought by
Pedek Leonard and Pedek Yolande
Source: Public Records

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Range of Values:

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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
Corridor Living Llc $747,000 Chicago Title Agency
Casabix Llc -- None Available
Casabix Llc -- None Available
Bixler Ken $160,000 American Title Service Agenc
Casa Calasa Llc $99,200 Accommodation
Cotterkey Investments Ltd $99,200 Accommodation
Round Tree Dolleen M -- None Available
Round Tree William N $270,000 Grand Canyon Title Agency In
Nelson Warren C $120,000 Ati Title Agency
Pedek Leonard -- Grand Canyon Title Agency In
Pedek Leonard -- Grand Canyon Title Agency In
Hansen Douglas W $113,000 Ati Title Agency
Pedek Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corridor Living Llc $560,250
Previous Owner Casa Calasa Llc $74,400
Previous Owner Round Tree William N $309,000
Previous Owner Round Tree William N $40,000
Previous Owner Round Tree William N $216,000
Previous Owner Nelson Warren C $108,000
Previous Owner Pedek Leonard $60,000
Closed Round Tree William N $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2012 08/09/12 Sold $160,000 -17.9% $183 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $195,000 -- $223 / 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 $3,191 $25,429 -- --
2024 $3,083 $24,218 -- --
2023 $3,083 $52,230 $10,440 $41,790
2022 $2,957 $38,020 $7,600 $30,420
2021 $3,016 $33,650 $6,730 $26,920
2020 $2,939 $32,380 $6,470 $25,910
2019 $2,809 $29,400 $5,880 $23,520
2018 $2,713 $24,970 $4,990 $19,980
2017 $2,485 $22,860 $4,570 $18,290
2016 $1,816 $20,970 $4,190 $16,780
2015 $1,689 $18,650 $3,730 $14,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4789414

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-35-024