NOT LISTED FOR SALE

Estimated Value: $480,972 - $694,000

Studio
-- Bath
3,656 Sq Ft
$169/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2017

Last sale price $269,000 $74 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,552 / mo

10 Days on Market

Highlights

  • Heated Community Pool
  • Ceramic Tile Flooring
  • Heating Available
  • Cooling Available

About This Home

As of March 2017

New Listing and Will Not Last! Best Building in the Neighborhood! 4 units w/Garages. Includes one 3 Bed, 2 Bath unit w/ Private Patio and Fireplace. Three 2 Bed / 1 Bath units,
one with a Private Patio and one with a Private Balcony. Coin Operated Laundry in the building. Sparkling Pool which is maintained by the HOA. Units have been updated with 100% Tile and New Cabinets. The property Features Mature Landscaping. Grass at the property and Throughout the Community offering a Genuine Residential Neighborhood Feel. The units are Individually Metered, Tenants pay for Electricity. Close to Freeways,
Shopping, Restaurants and Services. Drive by only. Do not disturb tenants.
Interior Inspection with Fully Executed Contract and Open Escrow. Must allow 48 hours for notices.

Last Agent to Sell the Property

Rick Horst

Keller Williams Arizona Realty License #SA640657000 Listed on: 02/10/2017

Keller Williams Arizona Realty

Co-Listed By

Kerry Keezer

72SOLD License #SA643532000

Last Buyer's Agent

Carrick Sears

SVN/Desert Commercial Advisors License #BR633405000

SVN/Desert Commercial Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,907

Year Built

  • Built in 1974

Lot Details

  • 7,362

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters

Additional Features

  • Ceramic Tile Flooring
  • Property fronts an alley

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 16
  • Assessor Parcel Number 150-09-883

Community Details

Overview

  • 4 Units
  • Building Dimensions are 110' x 68'
  • Northern Lanai Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $11,427
  • Gross Income $35,055
  • Net Operating Income $24,466

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,907

Year Built

Built in 1974

Lot Details

7,362 Sq Ft Lot

Listing Details

  • Cross Street: 33rd Ave & Northern
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2016
  • Road Frontage Type: Alley
  • Road Surface Type: Private Street
  • Co List Office Mls Id: kwaz10
  • Co List Office Phone: 480-767-3000
  • Subdivision Name: NORTHERN LANAI
  • Garage Yn: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Add'l Parking Avail
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 12.0
  • Garage Details: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 110' x 68'
  • Additional Parcels: No
  • Parcel #: 150-09-883

Multi Family

  • Owner Pays: Other, See Remarks, Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Electric Expense: 600.0
  • Annual Gross Income: 35055.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 2500.0
  • Property Net Operating Income: 24466.0
  • Annual Operating Expense: 11427.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1907.0
  • Tax Book Number: 150.00
  • Tax Lot: 16

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

Closed on
Oct 28, 2020
Sold by
Bought by
Current Estimated Value
$618,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2017
Closed on
Mar 22, 2017
Sold by
Bought by
Seller's Agent
Rick Horst
Keller Williams Arizona Realty
Buyer's Agent
Carrick Sears
SVN/Desert Commercial Advisors
List Price
$270,000
Sold Price
$269,000
Premium/Discount to List
-$1,000
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$201,000
Interest Rate
0.0415%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2013
Closed on
Oct 1, 2013
Sold by
Bought by
Seller's Agent
Marie E. De Leon
HomeSmart
Buyer's Agent
David Fitzgerald
Success One Realty
List Price
$249,900
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$135,000
Interest Rate
0.0423%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 21, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,324
Interest Rate
0.0375%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 19, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0637%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 1997
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
$375,000 Old Republic Title
$269,000 Great American Title Agency
-- Great American Title Agency
$235,000 Pioneer Title Agency Inc
-- None Available
$145,000 Sterling Title Agency Llc
$135,000 Stewart Title & Trust Of Pho
$128,868 Security Title Agency
$375,000 Title Security Agency Of Az
$145,000 North American Title Agency
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
Open $281,250
Previous Owner $201,000
Previous Owner $135,000
Previous Owner $141,324
Previous Owner $300,000
Previous Owner $204,000
Previous Owner $27,200
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
03/31/2017 03/31/17 Sold $269,000 -0.4% $74 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $270,000 +8.0% $74 / Sq Ft
11/25/2013 11/25/13 Sold $249,900 0.0% $68 / Sq Ft View Prior Sale
09/28/2013 09/28/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $249,900 -- $68 / 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 $2,262 $17,800
2024 $2,137 $16,953
2023 $2,137 $42,080 $8,410 $33,670
2022 $2,068 $30,450 $6,090 $24,360
2021 $2,094 $28,660 $5,730 $22,930
2020 $2,042 $27,270 $5,450 $21,820
2019 $2,005 $22,800 $4,560 $18,240
2018 $1,952 $20,770 $4,150 $16,620
2017 $1,942 $18,050 $3,610 $14,440
2016 $1,907 $16,060 $3,210 $12,850
2015 $1,766 $16,180 $3,230 $12,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5559824

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-09-883

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