NOT LISTED FOR SALE
23 Beds
11 Baths
1,557 Sq Ft
1960 Built

Last Sold August 19, 2013

Last sale price $561,000 $360 Per Sq Ft

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of August 2013

11 Units - Seller Carry. This entry is being placed in MLS for comparable purposes as it was sold prior to MLS. Consists of a 3 bedroom and 10 two bedroom units.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 09/18/2013

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 09/18/2013

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,923

Year Built

  • Built in 1960

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 11 Parking Spaces
  • 11 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 18
  • Assessor Parcel Number 127-31-014

Community Details

Overview

  • 4 Buildings
  • 11 Units
  • Building Dimensions are irr
  • Valencia Acres Subdivision

Building Details

  • Gross Income $72,585
  • Net Operating Income $50,838

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,923

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 32nd Street/Thomas
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 4
  • Year Built: 1960
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Subdivision Name: Valencia Acres
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 11.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 11.0
  • General Property Description:Covered Parking Spcs: 11.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 2854.0
  • Annual Water Sewer Expense: 5706.0

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 127-31-014

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 11
  • Electric Expense: 1393.0
  • Annual Gross Income: 72585.0
  • Insurance Expense: 3913.0
  • Maintenance Expense: 3688.0
  • Property Net Operating Income: 50838.0

Tax Info

  • Tax Annual Amount: 2923.0
  • Tax Book Number: 127.00
  • Tax Lot: 18
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2013 08/19/13 Sold $561,000 -5.7% $360 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
08/19/2013 08/19/13 For Sale $595,000 -- $382 / 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 $5,603 $41,484 -- --
2024 $5,331 $39,509 -- --
2023 $5,331 $171,750 $34,350 $137,400
2022 $5,067 $120,800 $24,160 $96,640
2021 $5,195 $113,330 $22,660 $90,670
2020 $5,068 $95,460 $19,090 $76,370
2019 $5,033 $74,960 $14,990 $59,970
2018 $4,929 $65,330 $13,060 $52,270
2017 $4,738 $54,250 $10,850 $43,400
2016 $4,553 $46,650 $9,330 $37,320
2015 $4,237 $40,910 $8,180 $32,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5000638

Arizona Regional Multiple Listing Service (ARMLS)