NOT LISTED FOR SALE
14 Beds
-- Bath
1,475 Sq Ft
1961 Built

Sale Details

Date Sold: October 11, 2019

Last sale price $1,600,000 $1,085 Per Sq Ft

2 Days on Market

Highlights

  • Heated Community Pool
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of October 2019

MULTIFAMILY PROPERTY IN A GREAT LOCATION WITH TOP MARKET RENTS! 2-2bed 1bath $1104&$1000, 10- 1bed 1bath 9@$888&1@$830 , 6-studeo 4@$746 1@$600&1@$500. TURN KEY PROPERY WITH REMODELED UNITS, NEW ROOF, NEW WINDOWS AND MANY MORE UPGRADES. WELL KEPT PROPERTY WITH TOP NOTCH PROPERY MANAGEMENT. All facts and figures approximate buyer to verify to their satisfaction

Last Agent to Sell the Property

Michelle Hoogendoorn

Better Homes & Gardens Real Estate SJ Fowler License #SA550923000 Listed on: 09/13/2019

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Swapnadeep Nath

Renvy Property Management License #BR657689000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,197

Year Built

  • Built in 1961

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 20 Parking Spaces
  • 12 Covered Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 8
  • Assessor Parcel Number 127-32-021-D

Community Details

Overview

  • 18 Units
  • Building Dimensions are 0.421 Acres
  • Valencia Acres Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $6,197
  • Gross Income $180,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,197

Year Built

Built in 1961

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1961
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Subdivision Name: VALENCIA ACRES
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Type: Other, See Remarks, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 12.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 20.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • 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

  • Community Amenities:Pool2: Yes

Lot Info

  • Lot Size: 0.421 Acres
  • Additional Parcels: No
  • Parcel #: 127-32-021-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: None
  • Number Of Units Total: 18
  • Annual Gross Income: 180120.0
  • Annual Operating Expense: 6197.0

Tax Info

  • Tax Annual Amount: 6197.0
  • Tax Book Number: 127.00
  • Tax Lot: 8

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

Listed on
Sep 13, 2019
Closed on
Oct 11, 2019
Sold by
Bought by
Seller's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Swapnadeep Nath
Renvy Property Management
List Price
$1,800,000
Sold Price
$1,600,000
Premium/Discount to List
-$200,000
-11.11%

Purchase Details

Closed on
Mar 22, 2017
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
$825,000
Interest Rate
4.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 29, 1973
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,600,000 Security Title Agency Inc
$925,000 Pioneer Title Agency Inc
-- Old Republic 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 $2,705,000
Previous Owner $825,000
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
10/11/2019 10/11/19 Sold $1,600,000 -11.1% $1,085 / Sq Ft
09/14/2019 09/14/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $1,800,000 -- $1,220 / 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 $6,831 $50,575
2024 $6,499 $48,166
2023 $6,499 $233,100 $46,620 $186,480
2022 $6,244 $198,550 $39,710 $158,840
2021 $6,396 $149,330 $29,860 $119,470
2020 $6,240 $149,330 $29,860 $119,470
2019 $6,197 $95,500 $19,100 $76,400
2018 $6,069 $83,620 $16,720 $66,900
2017 $5,835 $73,130 $14,620 $58,510
2016 $5,609 $63,730 $12,740 $50,990
2015 $5,218 $51,400 $10,280 $41,120
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5977795

Arizona Regional Multiple Listing Service (ARMLS)
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