NOT LISTED FOR SALE

Estimated Value: $432,769 - $845,000

-- Bed
-- Bath
2,908 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $250,000 $86 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,356/month

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of February 2019

Great opportunity to purchase a well located four plex in Central Phoenix. There is a ton of potential here.

Last Agent to Sell the Property

Richard Ramella

Highland Real Estate License #SA626491000 Listed on: 02/01/2019

Co-Listed By

Phillip Geretti

Highland Real Estate License #BR046673000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1961

Lot Details

  • Property fronts an alley

Home Design

  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Montebello Elementary And Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Tax Lot 5
  • Assessor Parcel Number 110-19-124

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7800
  • Osborn Gardens Subdivision

Building Details

  • Operating Expense $1,426

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,426

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 19th Ave & Osborn
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2018
  • Directions: From 19th Ave & Osborn, West on Osborn to 24th Lane, North on 24th Ln to property.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: hild01
  • Co List Office Phone: 602-354-7252
  • Subdivision Name: OSBORN GARDENS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Montebello School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Montebello School

Lot Info

  • Lot Size: 7800
  • Additional Parcels: No
  • Parcel #: 110-19-124

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 1426.0

Tax Info

  • Tax Annual Amount: 1426.0
  • Tax Book Number: 110.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Feb 7, 2019
Sold by
Ebc Property Group Llc
Bought by
My Turn Llc
Seller's Agent
Richard Ramella
Highland Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$595,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,692
Avg. Annual Appreciation
14.17%

Purchase Details

Closed on
Sep 17, 2012
Sold by
Orlandini Rose
Bought by
Orlandini John

Purchase Details

Closed on
Sep 13, 2012
Sold by
Orlandini John
Bought by
Ebc Property Group Llc

Purchase Details

Closed on
Jul 8, 2011
Sold by
Dutra Ivo M and Dutra Lanette M
Bought by
Orlandini John

Purchase Details

Closed on
Nov 17, 2010
Sold by
Orlandini Rose
Bought by
Orlandini John

Purchase Details

Closed on
Jul 6, 2007
Sold by
Lynch Alba Jamie Paul and Lynch Alba Francine
Bought by
Dutra Ivo M and Dutra Lanette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2004
Sold by
Mendez Ralph M and Mendez Aida C
Bought by
Lynch Alba Jamie Paul and Lynch Alba Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,800
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2003
Sold by
3417 N 24Th Ln Llc
Bought by
Mendez Ralph M and Mendez Aida C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,550
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2003
Sold by
Kliegl Jerald J and Kliegl Yachodara
Bought by
3417 N 24Th Ln Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2003
Sold by
Borchard Christopher W
Bought by
Kliegl Jerald J and Kliegl Yachodara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,300
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1998
Sold by
Canyon Gardens Ltd Partnership
Bought by
Patton Robert W and Patton Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
My Turn Llc $250,000 Wfg National Title Insurance
Orlandini John -- Security Title Agency
Ebc Property Group Llc $107,500 Security Title Agency
Orlandini John $60,000 Chicago Title
Orlandini John -- Great American Title Agency
Dutra Ivo M $310,000 Grand Canyon Title Agency In
Lynch Alba Jamie Paul $267,500 Security Title Agency Inc
Mendez Ralph M $238,500 Ticor Title Agency Of Az Inc
3417 N 24Th Ln Llc -- Capital Title Agency Inc
Kliegl Jerald J $157,000 Capital Title Agency Inc
Patton Robert W $100,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dutra Ivo M $248,000
Previous Owner Lynch Alba Jamie Paul $213,800
Previous Owner Mendez Ralph M $189,550
Previous Owner Kliegl Jerald J $141,300
Previous Owner Patton Robert W $80,000
Closed Mendez Ralph M $25,100
Closed Lynch Alba Jamie Paul $26,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $250,000 0.0% $86 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $250,000 -- $86 / 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 $1,629 $11,340 -- --
2024 $1,637 $10,800 -- --
2023 $1,637 $40,480 $8,090 $32,390
2022 $1,612 $30,300 $6,060 $24,240
2021 $1,627 $25,230 $5,040 $20,190
2020 $1,564 $21,300 $4,260 $17,040
2019 $1,545 $17,910 $3,580 $14,330
2018 $1,426 $15,410 $3,080 $12,330
2017 $1,408 $14,200 $2,840 $11,360
2016 $1,349 $12,100 $2,420 $9,680
2015 $1,276 $10,430 $2,080 $8,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5877025

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-19-124