NOT LISTED FOR SALE

Estimated Value: $582,000 - $830,410

Studio
-- Bath
2,384 Sq Ft
$314/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $800,000 $336 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,037/month

2 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System

About This Home

As of July 2023

Welcome to this magnificent triplex! Situated in a prime corner lot location, this property offers convenience, comfort, and a luxurious living experience. Fantastic opportunity to own three fenced units with seven paved parking spaces. Two units have two beds and two baths; the other has three beds and two baths. All units provide spacious living areas, a modern kitchen with stainless steel appliances and white cabinetry, vertical blinds in the windows, and exquisite tile flooring in the main areas. Outside, you can relax in the paved seating areas. Don't miss the chance to own this spectacular gem!

Last Agent to Sell the Property

Steele Mercer

Elite Partners License #SA700810000 Listed on: 06/21/2023

Elite Partners

Co-Listed By

David Newman

Elite Partners License #SA646345000

Last Buyer's Agent

Rob Hale

My Home Group Real Estate License #BR550881000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1959

Lot Details

  • 9,583

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Paved Parking

Schools

  • Papago Elementary School
  • Phoenix Coding Academy Middle School
  • Camelback High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 120-05-109-B

Community Details

Overview

  • 3 Units
  • Building Dimensions are 9583
  • To Follow In Escrow Subdivision

Building Details

  • Operating Expense $1,396
  • Gross Income $5,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,396

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 32nd St & McDowell Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: hagu01
  • Co List Office Phone: 480-998-0110
  • Subdivision Name: TO FOLLOW IN ESCROW
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Other (See Remarks), BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Exterior Amenities:Satellite Dish: Yes

Schools

  • Elementary School: Papago School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Coding Academy

Lot Info

  • Lot Size: 9583
  • Additional Parcels: No
  • Parcel #: 120-05-109-B

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 5900.0
  • Annual Operating Expense: 1396.0

Tax Info

  • Tax Annual Amount: 1396.0
  • Tax Book Number: 120.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Jul 31, 2023
Sold by
Barocio Vidal M
Bought by
Bathla Aseem and Soibam Joyreeta
Seller's Agent
Steele Mercer
Elite Partners
Buyer's Agent
Rob Hale
My Home Group Real Estate
List Price
$800,000
Sold Price
$800,000
Views
16
Current Estimated Value
$747,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,397
Avg. Annual Appreciation
-2.72%
Original Mortgage
$560,000
Outstanding Balance
$546,952
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$200,651

Purchase Details

Closed on
Jan 27, 2020
Sold by
Barocio Rosa M
Bought by
Barocio M Vidal

Purchase Details

Closed on
Apr 28, 2017
Sold by
Macias Felipe Barocio
Bought by
Barocio Rosa M

Purchase Details

Closed on
May 5, 2012
Sold by
Barocio Rosa M
Bought by
Macias Felipe Barocio

Purchase Details

Closed on
Feb 1, 2010
Sold by
Macias Vidal
Bought by
Barocio Rosa

Purchase Details

Closed on
Jul 29, 2003
Sold by
Barocio Rosa Maira
Bought by
Macias Vidal B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,100
Interest Rate
5.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 16, 2000
Sold by
United California Mexican American Assn
Bought by
Rivera Francisco N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
8.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2000
Sold by
Rivera Francisco N
Bought by
Macias Vidal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
8.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1997
Sold by
Clarke G
Bought by
United California Mexican American Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,707
Interest Rate
7.94%
Mortgage Type
FHA
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

Date Buyer Sale Price Title Company
Bathla Aseem $800,000 Clear Title Agency Of Arizona
Barocio M Vidal -- None Available
Barocio Rosa M -- None Available
Macias Felipe Barocio -- None Available
Barocio Rosa -- None Available
Macias Vidal B -- Equity Title Agency Inc
Rivera Francisco N -- Grand Canyon Title Agency In
Macias Vidal $87,000 Grand Canyon Title Agency In
United California Mexican American Assn $62,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bathla Aseem $560,000
Previous Owner Macias Vidal B $100,100
Previous Owner Macias Vidal $78,300
Previous Owner United California Mexican American Assn $61,707
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $800,000 0.0% $336 / Sq Ft
06/23/2023 06/23/23 For Sale $800,000 -- $336 / 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 $1,528 $11,310 -- --
2024 $1,453 $10,771 -- --
2023 $1,453 $40,970 $8,190 $32,780
2022 $1,396 $30,800 $6,160 $24,640
2021 $1,430 $26,170 $5,230 $20,940
2020 $1,395 $21,720 $4,340 $17,380
2019 $1,386 $18,000 $3,600 $14,400
2018 $1,357 $14,810 $2,960 $11,850
2017 $1,305 $14,630 $2,920 $11,710
2016 $1,254 $12,660 $2,530 $10,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6572530

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-05-109B