$249,900
SOLD NOV 25, 2013
-- Bed
-- Bath
3,656 Sq Ft
7,362 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

67 Days on Market

Highlights

  • Heated Community Pool
  • Ceiling Fan
  • Heating Available
  • Cooling Available

About This Home

As of March 2017

Cash Flow opportunity! CONVENTIONAL, FHA OR VA owner occupied or investment 4 Plex. This property was remodeled a couple of years ago and is occupied to capacity! Each unit has garage space plus one open space per unit. Community pool and great, long standing tenants! 3 Units are 2 br/1ba, 1 Unit is 3br/2ba. Washer & Dryer contract in place, you may terminate but it can make you extra income! Roof is 2 years old! Building was stuccoed and painted, units have been repainted, remodeled and floors redone. This property brings in $2645/mo!

Last Agent to Sell the Property

Marie E. De Leon

HomeSmart License #SA625337000 Listed on: 07/24/2013

HomeSmart

Last Buyer's Agent

David Fitzgerald

Success One Realty License #BR117895000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1974

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • 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 7341
  • Northern Lanai Unit One Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $8,750
  • Net Operating Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,550

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 33rd Ave & Northern
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Year Built: 1974
  • Tax Year: 2012
  • Directions: From Northern, turn North on 33rd Ave, West on Harmont to property.
  • Road Surface Type: Private Street
  • Subdivision Name: NORTHERN LANAI UNIT ONE
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:BI OvenRange: 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: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Garage Details: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • 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:Mini Blinds: Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Lot Info

  • Lot Size: 7341
  • Additional Parcels: No
  • Parcel #: 150-09-883

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 600.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 24600.0
  • Annual Operating Expense: 8750.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1550.0
  • Tax Book Number: 150.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
Plymouth Properties Llc
Bought by
Eastcott David and Eastcott Lisa
Current Estimated Value
$703,885

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
Outstanding Balance
$253,525
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$452,269

Purchase Details

Listed on
Feb 10, 2017
Closed on
Mar 22, 2017
Sold by
Leet Gregory R
Bought by
Plymouth Properties Llc
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
12.25%
Original Mortgage
$201,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2013
Closed on
Oct 1, 2013
Sold by
Walters Wendy C and Walters Kafele Jahi
Bought by
Lidell Denise
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
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2012
Sold by
Walters Wendy C
Bought by
Walters Wendy C and Walters Kafale Jahl

Purchase Details

Closed on
Feb 21, 2012
Sold by
Smith Mark
Bought by
Walters Wendy C

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
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Smith Mark A

Purchase Details

Closed on
Jun 1, 2010
Sold by
Guerra Byron and Guerra Maricela
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 19, 2005
Sold by
Sparks Christopher D
Bought by
Guerra Byron and Guerra Maricela

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
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 1997
Sold by
Puche Ricardo A and Puche Richard A
Bought by
Sparks Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.54%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $375,000 Old Republic Title Agency
Warranty Deed -- Great American Title Agency
Warranty Deed $269,000 Great American Title Agency
Warranty Deed $235,000 Pioneer Title Agency Inc
Interfamily Deed Transfer -- None Available
Warranty Deed $145,000 Sterling Title Agency Llc
Cash Sale Deed $135,000 Stewart Title & Trust Of Pho
Trustee Deed $128,868 Security Title Agency
Warranty Deed $375,000 Title Security Agency Of Az
Warranty Deed $145,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,250 New Conventional
Previous Owner $201,000 New Conventional
Previous Owner $135,000 New Conventional
Previous Owner $141,324 FHA
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $204,000 Unknown
Previous Owner $27,200 Stand Alone Second
Previous Owner $116,000 New Conventional
Closed $29,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 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 $2,177 $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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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4972269

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-09-883