NOT LISTED FOR SALE

Estimated Value: $359,000 - $375,000

Studio
-- Bath
-- Sq Ft
7,754 Sq Ft Lot

Sale Details

Date Sold: September 17, 2024

Last sale price $345,000

Est. 6% increase in value since last sale

Current estimated payment $2,030 / mo

87 Days on Market

Highlights

  • Evaporated cooling system
  • Concrete Flooring
  • 2-minute walk to Willow Park
  • Phoenix Coding Academy Rated A
  • No Heating

About This Home

As of September 2024

PRICE REDUCED!!!
PRICE REDUCED! for fast sale

SOLD AS IS —- SOLD AS IS

PLEASE SEE PROPERTY BEFORE SUBMITTING OFFER. 10 day closing.

BACK ON MARKET, Buyer fail to perform!!

Submit all offers,

4 plex, all 1bd 1 bath. fully rented, owner lives in one unit.
Great Investment property for owner occupied.
Need updates and fixup. Owner is elderly and does not have funds to fixup. Sold AS IS.
Please drive by only, DO NOT DISTRUB TENANTS.
Block construction, master meter for electricity and gas.. owner pays water, sewer etc.
All tenants month to month

Last Agent to Sell the Property

Arturo Rubi

Rubi Realty License #BR038691000 Listed on: 05/28/2024

Last Buyer's Agent

Arturo Rubi

Rubi Realty License #BR038691000 Listed on: 05/28/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $845

Year Built

  • Built in 1936

Lot Details

  • 7,754

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • On-Street Parking

Schools

  • Isaac Middle School
  • Carl Hayden High School

Utilities

  • Evaporated cooling system
  • No Heating
  • Master Water Meter

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer
  • Tax Lot 13
  • Assessor Parcel Number 109-27-089-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are irregular
  • North Willow Subdivision

Building Details

  • Operating Expense $13,845
  • Gross Income $36,000
  • Net Operating Income $22,155

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$845

Year Built

Built in 1936

Lot Details

7,754 Sq Ft Lot

Listing Details

  • Cross Street: 27th Ave & Van Buren
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1936
  • Tax Year: 2023
  • Road Surface Type: Sidewalk(s)
  • Subdivision Name: NORTH WILLOW
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Master Meter
  • Cooling: Evaporative Cooling
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise, Master Meter
  • Electric Master Meter: Yes
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: See Remarks

Fee Information

  • Annual Fuel Expense: 2400.0
  • Annual Water Sewer Expense: 4000.0

Schools

  • High School: Carl Hayden High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Isaac Middle School

Lot Info

  • Lot Size: irregular
  • Additional Parcels: No
  • Parcel #: 109-27-089-B

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer
  • Tenant Pays: None
  • Number Of Units Total: 4
  • Electric Expense: 6000.0
  • Annual Gross Income: 36000.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 22155.0
  • Annual Operating Expense: 13845.0

Tax Info

  • Tax Annual Amount: 845.0
  • Tax Book Number: 109.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Sep 4, 2024
Sold by
Tapia Rosa Olivia Coronado
Bought by
De La Rosa Quality Properties Llc
Seller's Agent
Arturo Rubi
Rubi Realty
Buyer's Agent
Arturo Rubi
Rubi Realty
List Price
$450,000
Sold Price
$345,000
Premium/Discount to List
-$105,000
-23.33%
Views
22
Current Estimated Value
$367,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,333
Avg. Annual Appreciation
4.18%
Original Mortgage
$353,250
Outstanding Balance
$348,154
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$19,179

Purchase Details

Closed on
Jan 10, 2024
Sold by
Cota Rosa Olivia
Bought by
Tapia Rosa Olivia Coron

Purchase Details

Closed on
Nov 20, 2019
Sold by
Cota Rosa Olivia
Bought by
Tapia Rose Olivia Coronad

Purchase Details

Closed on
Nov 22, 2006
Sold by
Cota Rosa Olivia
Bought by
Powers Andrew

Purchase Details

Closed on
May 15, 2004
Sold by
Cota Rosa Olivia
Bought by
Powers Andrew T

Purchase Details

Closed on
Mar 23, 1994
Sold by
The State Of Az League Of United Latin A
Bought by
Cota Jose J and Cota Rosa Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
De La Rosa Quality Properties Llc $345,000 Title Services Of The Valley
Tapia Rosa Olivia Coron -- None Listed On Document
Tapia Rose Olivia Coronad -- None Available
Powers Andrew -- Grand Canyon Title Agency In
Powers Andrew T $2,000 --
Cota Rosa Olivia -- --
Cota Jose J $37,470 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open De La Rosa Quality Properties Llc $353,250
Previous Owner Cota Jose J $4,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2024 09/17/24 Sold $345,000 -11.5% --
08/24/2024 08/24/24 Pending -- -- --
08/24/2024 08/24/24 Price Changed $390,000 0.0% --
08/10/2024 08/10/24 Pending -- -- --
08/10/2024 08/10/24 Price Changed $390,000 0.0% --
07/25/2024 07/25/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $390,000 -13.3% --
07/12/2024 07/12/24 Price Changed $450,000 0.0% --
07/12/2024 07/12/24 For Sale $450,000 -2.2% --
07/05/2024 07/05/24 Pending -- -- --
07/03/2024 07/03/24 Price Changed $460,000 0.0% --
07/03/2024 07/03/24 For Sale $460,000 -3.2% --
06/18/2024 06/18/24 Pending -- -- --
06/16/2024 06/16/24 Price Changed $475,000 -5.0% --
05/29/2024 05/29/24 For Sale $500,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $829 $5,101 -- --
2024 $815 $4,858 -- --
2023 $815 $24,310 $4,860 $19,450
2022 $777 $16,720 $3,340 $13,380
2021 $775 $15,150 $3,030 $12,120
2020 $761 $12,550 $2,510 $10,040
2019 $747 $10,600 $2,120 $8,480
2018 $749 $8,450 $1,690 $6,760
2017 $744 $7,870 $1,570 $6,300
2016 $721 $5,900 $1,180 $4,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6711475

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-27-089B

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