NOT LISTED FOR SALE

Estimated Value: $326,000 - $670,000

4 Beds
9 Baths
1,772 Sq Ft
$328/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $590,000 $333 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,250/month

11 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of October 2021

Great investment opportunity in highly desired and appreciating area. Sunnyslope HS is one of the state's best High Schools with lines waiting for open enrollment. Property is 2 duplexes with a studio. Very stable tenants! All leases, no month to month. See remarks for more information.

Last Agent to Sell the Property

Ron Johnson

Realty ONE Group License #SA046969000 Listed on: 10/06/2021

Last Buyer's Agent

Ron Johnson

Realty ONE Group License #SA046969000 Listed on: 10/06/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $930

Year Built

  • Built in 1962

Lot Details

  • 0.31

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Sunnyslope Elementary School
  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 4 / F
  • Assessor Parcel Number 159-45-071

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Building Dimensions are IRR
  • Tengen Place Addition Subdivision

Building Details

  • Operating Expense $10,080
  • Gross Income $48,000
  • Net Operating Income $37,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$930

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 7th St and Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1962
  • Tax Year: 2021
  • Directions: From 7th St and Dunlap, N on 7th to Vogel, E to property on N side
  • Road Surface Type: Asphalt
  • Subdivision Name: TENGEN PLACE ADDITION
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 3350.0

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 159-45-071

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 5
  • Electric Expense: 1500.0
  • Annual Gross Income: 48000.0
  • Insurance Expense: 1900.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 37920.0
  • Annual Operating Expense: 10080.0

Tax Info

  • Tax Annual Amount: 930.0
  • Tax Block: F
  • Tax Book Number: 159.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Oct 25, 2021
Sold by
Cl Kl Ll Holdings Llc
Bought by
338 East Vogel Llc
Seller's Agent
Ron Johnson
Realty ONE Group
Buyer's Agent
Ron Johnson
Realty ONE Group
List Price
$599,900
Sold Price
$590,000
Premium/Discount to List
-$9,900
-1.65%
Total Days on Market
11
Current Estimated Value
$581,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,559
Avg. Annual Appreciation
0.22%

Purchase Details

Closed on
Jan 26, 2021
Sold by
Paramount Investment Llc
Bought by
Cl Kl Ll Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
2.67%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 4, 2019
Closed on
Feb 14, 2019
Sold by
Seng Dany J
Bought by
Paramount Investment Llc
Seller's Agent
Alejandra Mena
HomeSmart
Buyer's Agent
Ron Johnson
Realty ONE Group
List Price
$290,000
Sold Price
$270,000
Premium/Discount to List
-$20,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$340,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 13, 2013
Sold by
Sman Kim Suor
Bought by
Seng Dany J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.36%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 12, 2010
Sold by
Sman Sam
Bought by
Sman Kim Suor

Purchase Details

Closed on
Feb 4, 2010
Sold by
Seng Salim
Bought by
Sman Kim Suor

Purchase Details

Closed on
Jan 27, 2009
Sold by
Kuon Heng Kim
Bought by
Seng Salim

Purchase Details

Closed on
Jun 27, 1997
Sold by
Lange Clotilde G
Bought by
Seng Salim and Kuon Heng Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,546
Interest Rate
7.91%
Mortgage Type
Commercial
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
338 East Vogel Llc $590,000 Valleywide Title Agency
Cl Kl Ll Holdings Llc $375,000 Valleywide Title Agency
Paramount Investment Llc $270,000 Driggs Title Agency Inc
Seng Dany J $40,000 Chicago Title Agency Inc
Sman Kim Suor -- Chicago Title
Sman Kim Suor $40,000 Chicago Title
Seng Salim -- Empire West Title Agency
Seng Salim $101,500 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 338 East Vogel Llc $750,000
Previous Owner Cl Kl Ll Holdings Llc $385,000
Previous Owner Paramount Investment Llc $11,000
Previous Owner Paramount Investment Llc $30,000
Previous Owner Paramount Investment Llc $340,000
Previous Owner Seng Dany J $36,000
Previous Owner Seng Salim $97,546
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $590,000 -1.7% $333 / Sq Ft
10/05/2021 10/05/21 For Sale $599,900 +122.2% $339 / Sq Ft
02/19/2019 02/19/19 Sold $270,000 -6.9% $152 / Sq Ft
02/03/2019 02/03/19 For Sale $290,000 -- $164 / 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 $966 $7,902 -- --
2024 $949 $7,526 -- --
2023 $949 $48,310 $9,660 $38,650
2022 $918 $32,530 $6,500 $26,030
2021 $930 $26,400 $5,280 $21,120
2020 $906 $22,170 $4,430 $17,740
2019 $890 $14,930 $2,980 $11,950
2018 $867 $10,730 $2,140 $8,590
2017 $862 $12,850 $2,570 $10,280
2016 $847 $12,270 $2,450 $9,820
2015 $784 $9,720 $1,940 $7,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6303245

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-45-071