$315,000
SOLD FEB 15, 2019
-- Bed
-- Bath
3,656 Sq Ft
0.33 Acres

Recently Sold

$86 Per Sq Ft

2% Below List Price

6 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heat Pump System
  • Ceiling Fan

About This Home

As of February 2019

Turnkey,pride of ownership property. Great unit mix with a three bedroom/two bathroom /fireplace unit that is about 1200SF, and three 2 bedroom/1 bathroom units ranging from 950 SF to 850SF with private patios or balconies. Newer roof, two newer Trane HVACunits,interior/exterior paint w interior accent walls, tile w/ carpeted bedrooms, most faucets /sinks /fixtures/interior doors and switch plates, additional blown in insulation ,mirrored closet doors & window sunscreens.Each unit has a garage space with storage.There is an onsite laundry facility that has owner owned coin-op machines that will convey with the sale. HOA maintains grounds. Property is individually metered for electric and has individual A/C units. Owner pays water

Last Agent to Sell the Property

Kimberly Healy Franzetti

West USA Realty Brokerage Phone: 602-402-5330 License #SA514237000 Listed on: 01/16/2019

West USA Realty

Last Buyer's Agent

Gibram Napoles

Realty ONE Group License #SA572372000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 1974

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Concrete Flooring

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Paved Parking
  • On-Street Parking

Schools

  • Cortez High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 150-09-878

Community Details

Overview

  • 4 Units
  • Building Dimensions are 14439
  • Northern Lanai Unit One Subdivision

Building Details

  • Operating Expense $19,758
  • Gross Income $34,740
  • Net Operating Income $18,007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,076

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: NORTHERN & 33RD AVE,
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2018
  • Directions: NORTHERN & 33RD AVE, NORTH ON 33RD TO Directions: Northern & 33rd Ave , North on 33rd Ave West on Loma, Property in the NW corner of the cul de sac.
  • Attribution Contact: 602-402-5330
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2909.0
  • Subdivision Name: NORTHERN LANAI UNIT ONE
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: BI Oven/Range, F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Street Parking
  • 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:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Other, See Remarks, Electric, Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 5421.0

Schools

  • High School: Cortez High School
  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 14439
  • Additional Parcels: No
  • Parcel #: 150-09-878

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 603.0
  • Annual Gross Income: 34740.0
  • Insurance Expense: 1385.0
  • Maintenance Expense: 3880.0
  • Property Net Operating Income: 18007.0
  • Annual Operating Expense: 19758.0

Tax Info

  • Tax Annual Amount: 2076.0
  • Tax Book Number: 150.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Galindo Diana Alejandra Arana
Bought by
Silva Ulisses Eduardo Morales and Arredondo Carlos Manuel
Current Estimated Value
$763,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,400
Outstanding Balance
$469,294
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$299,078

Purchase Details

Listed on
Jan 16, 2019
Closed on
Feb 15, 2019
Sold by
Vantage Retirement Plans Llc
Bought by
Galindo Diana Alejandra Arana
Seller's Agent
Kimberly Healy Franzetti
West USA Realty
Buyer's Agent
Gibram Napoles
Realty ONE Group
List Price
$320,000
Sold Price
$315,000
Premium/Discount to List
-$5,000
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%
Original Mortgage
$235,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 8, 2017
Sold by
Wyer Gary J
Bought by
Vantage Retirement Plans Llc Fbo
Seller's Agent
Bonnie Sabrsula
HomeSmart
Buyer's Agent
Kimberly Healy Franzetti
West USA Realty
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$85,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 29, 2015
Sold by
Lorenzana Tracee
Bought by
Wyer Gary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2011
Sold by
Cochran Kathleen S
Bought by
Ystebo 3316 Llc

Purchase Details

Closed on
Jun 22, 2011
Sold by
Cochran Charles
Bought by
Cochran Kathleen S

Purchase Details

Closed on
Jun 8, 2011
Sold by
Rando Hirmiz
Bought by
Lindley Edwin L and Lindley Barbara

Purchase Details

Closed on
Jun 23, 2000
Sold by
Sh Kando Linda
Bought by
Kando Hirmiz

Purchase Details

Closed on
May 18, 2000
Sold by
Lindley Edwin L and Lindley Barbara
Bought by
Kando Hirmiz
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 Type Sale Price Title Company
Warranty Deed $528,500 Equitable Title Agency
Warranty Deed $314,000 Old Republic Title Agency
Warranty Deed -- Lawyers Title Of Arizona Inc
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Warranty Deed $239,500 Lawyers Title Of Arizona Inc
Warranty Deed -- None Available
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Cash Sale Deed $117,000 Lawyers Title Of Arizona Inc
Trustee Deed $150,000 None Available
Interfamily Deed Transfer -- Lawyers Title
Warranty Deed $215,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,400 FHA
Previous Owner $235,500 New Conventional
Previous Owner $85,000 Adjustable Rate Mortgage/ARM
Previous Owner $159,000 New Conventional
Previous Owner $154,000 New Conventional
Previous Owner $50,000 Unknown
Previous Owner $1,794,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $315,000 -1.6% $86 / Sq Ft
01/16/2019 01/16/19 For Sale $320,000 +12.3% $88 / Sq Ft
05/25/2017 05/25/17 Sold $285,000 0.0% $78 / Sq Ft
05/01/2017 05/01/17 For Sale $285,000 0.0% $78 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/26/2017 04/26/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $285,000 -- $78 / 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 $2,370 $19,378 -- --
2024 $2,327 $18,455 -- --
2023 $2,327 $45,370 $9,070 $36,300
2022 $2,251 $32,710 $6,540 $26,170
2021 $2,280 $31,480 $6,290 $25,190
2020 $2,223 $29,930 $5,980 $23,950
2019 $2,183 $24,310 $4,860 $19,450
2018 $2,125 $21,950 $4,390 $17,560
2017 $2,115 $18,960 $3,790 $15,170
2016 $2,076 $17,300 $3,460 $13,840
2015 $1,923 $17,120 $3,420 $13,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5868546

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-09-878