NOT LISTED FOR SALE

Estimated Value: $535,207 - $822,000

-- Bed
5 Baths
3,120 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $243,000 $78 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $4,223/month

2 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Individual Controls for Heating

About This Home

As of October 2015

WOW!!! Seller is motivated bring your offers now! This building a fully rented and has a two 2 car garages. Three 2 bedroom and one 3 bedroom unit. The Hoa takes care of the pool and all the nice green landscaping. They have done alot of remodeling the units and have replaced 3 of the ac units. If your buyer is looking for turn key this is it. All facts and figures are approximate. Buyer verify MLS info

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000 Listed on: 10/01/2015

Co-Listed By

Baylee Estrada

Keller Williams Arizona Realty License #BR654361000

Last Buyer's Agent

Marty Stephens

HomeSmart License #BR017689000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1974

Lot Details

  • 7,231

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Schools

  • Alta Vista Elementary School
  • Cortez High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 17
  • Assessor Parcel Number 150-09-884

Community Details

Overview

  • 4 Units
  • Building Dimensions are UNKNOWN

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $12,404
  • Gross Income $30,780
  • Net Operating Income $20,258

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,762

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: NORTHERN&35TH AVE
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: RESID
  • Number Of Buildings: 1
  • Year Built: 1974
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Garage Details: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Other

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
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1000.0
  • Annual Water Sewer Expense: 2000.0

Schools

  • Elementary School: Alta Vista Elementary School
  • High School: Cortez High School

Lot Info

  • Lot Size: UNKNOWN
  • Additional Parcels: No
  • Parcel #: 150-09-884

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 30780.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 20258.0
  • Annual Operating Expense: 12404.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1762.0
  • Tax Book Number: 150.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2015
Closed on
Oct 28, 2015
Sold by
Bella Consulting Llc
Bought by
Kme Two Llc
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Marty Stephens
HomeSmart
List Price
$249,900
Sold Price
$243,000
Premium/Discount to List
-$6,900
-2.76%
Total Days on Market
2
Current Estimated Value
$720,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,052
Avg. Annual Appreciation
11.99%

Purchase Details

Closed on
Apr 30, 2013
Sold by
Weinkauf Stephen G and Weinkauf Patricia
Bought by
Bella Consulting Llc

Purchase Details

Closed on
Sep 18, 2012
Sold by
Shioda Takeshi and Shioda Shoko
Bought by
Weinkauf Stephen G and Weinkauf Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2005
Sold by
Granatelli Richard and Granatelli Heidi
Bought by
Shioda Takeshi and Shioda Shoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2002
Sold by
Granatelli Heidi M and Herndon Heidi
Bought by
Granatelli Richard and Granatelli Heidi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,900
Interest Rate
7.15%

Purchase Details

Closed on
Jun 5, 2000
Sold by
Bassignan Gary A and Bassignan Ruth A
Bought by
Herndon Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,300
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 1999
Sold by
Ryan John J and Ryan Winona
Bought by
Bassignan Gary A and Bassignan Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kme Two Llc $245,000 First Arizona Title Agency
Bella Consulting Llc -- None Available
Weinkauf Stephen G $180,000 Greystone Title Agency
Shioda Takeshi $354,000 Title Partners Of Phoenix Ll
Granatelli Richard -- Capital Title Agency Inc
Herndon Heidi $203,700 North American Title Agency
Bassignan Gary A $175,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weinkauf Stephen G $90,000
Previous Owner Shioda Takeshi $196,000
Previous Owner Granatelli Richard $50,000
Previous Owner Granatelli Richard $183,900
Previous Owner Herndon Heidi $183,300
Previous Owner Bassignan Gary A $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $243,000 -2.8% $78 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
09/30/2015 09/30/15 For Sale $249,900 -- $80 / 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 $2,171 $17,753 -- --
2024 $2,132 $16,908 -- --
2023 $2,132 $42,010 $8,400 $33,610
2022 $2,062 $30,380 $6,070 $24,310
2021 $2,089 $28,580 $5,710 $22,870
2020 $2,037 $27,210 $5,440 $21,770
2019 $2,000 $22,760 $4,550 $18,210
2018 $1,947 $20,730 $4,140 $16,590
2017 $1,937 $18,020 $3,600 $14,420
2016 $1,902 $16,030 $3,200 $12,830
2015 $1,762 $16,160 $3,230 $12,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5341806

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-09-884