NOT LISTED FOR SALE

Estimated Value: $464,000 - $561,000

Studio
2 Baths
1,448 Sq Ft
$355/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $360,000 $249 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,811/month

17 Days on Market

Highlights

  • Cooling Available
  • Central Heating
  • Vinyl Flooring
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of September 2020

This property is a must have for any portfolio!! Great cash flow and easy to rent due the location and shape of property. Exterior of property & interior of units are incredible. Seller keeps up on all deferred maintenance like a Rockstar!! 2 of the 3 A/C units have been replaced in the last 30 months. Roof is newer, all kitchens have been remodel since 2012 with maple cabinetry. Front building consist 2 - 1 bed/1bath and back building is a 2 bed/1 bath. Back unit has its own backyard with lush trees. Front yard has recently been changed to rock, however sprinkler system still in place. Large drive way with a 2 space carport and plenty of off street parking. This property is in fabulous condition, don't miss out. **Will be updating pictures of front yard to reflect change over to rock**

Last Agent to Sell the Property

Michael Hawkins

HomeSmart License #BR662696000 Listed on: 07/07/2020

HomeSmart

Last Buyer's Agent

Carrie Lehrman

SRL Group License #BR626599000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,237

Year Built

  • Built in 1955

Lot Details

  • 0.26

Home Design

  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 5 Open Parking Spaces
  • 7 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • Paved Parking
  • On-Street Parking

Schools

  • Creighton Elementary School
  • Camelback High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water
  • Tax Lot 11
  • Assessor Parcel Number 120-03-046

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 11085 sq ft
  • Taber Tract Subdivision

Building Details

  • Operating Expense $1,237

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,237

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 36th St & Thomas
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Subdivision Name: TABER TRACT
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking, Free, <1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 11085 sq ft
  • Additional Parcels: No
  • Parcel #: 120-03-046

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Annual Operating Expense: 1237.0

Tax Info

  • Tax Annual Amount: 1237.0
  • Tax Book Number: 120.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 24, 2020
Sold by
Rashcovsky Schiff Karin and Baruch Levine Jaime
Bought by
Windsor 3417 Llc
Seller's Agent
Michael Hawkins
HomeSmart
Buyer's Agent
Carrie Lehrman
SRL Group
List Price
$399,900
Sold Price
$360,000
Premium/Discount to List
-$39,900
-9.98%
Current Estimated Value
$514,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,625
Avg. Annual Appreciation
6.95%
Original Mortgage
$270,000
Outstanding Balance
$239,062
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$275,563

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jul 26, 2019
Sold by
Windosr 3 Llc
Bought by
Provanzano Steven
Seller's Agent
Michael Hawkins
HomeSmart
Buyer's Agent
Michael Saunders
Better Homes & Gardens Real Estate SJ Fowler
List Price
$269,000
Sold Price
$269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.72%
Original Mortgage
$188,300
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2018
Sold by
J Roi Jireh Llc
Bought by
Windsor 3 Llc

Purchase Details

Listed on
May 3, 2012
Closed on
Jul 10, 2012
Sold by
Flynn Margaret
Bought by
J Roi Jireh Llc
Seller's Agent
Hillary Corrigan
HomeSmart
Buyer's Agent
Tonje Kearney
Realty ONE Group
List Price
$179,900
Sold Price
$155,000
Premium/Discount to List
-$24,900
-13.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%

Purchase Details

Closed on
Aug 13, 2004
Sold by
Gonzales Rodolfo and Gonzales Gloria
Bought by
Flynn Margaret

Purchase Details

Closed on
Sep 26, 1997
Sold by
Thompson Joe D and Thompson Louise Dawn
Bought by
Gonzales Rodolfo and Gonzales Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,125
Interest Rate
7.49%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Windsor 3417 Llc -- Accommodation
Karin Rashcovsky $360,000 Great American Title Agency
Provanzano Steven $269,000 Old Republic Title Agency
Windsor 3 Llc -- Great American Title Agency
J Roi Jireh Llc $155,000 Equity Title Agency Inc
Flynn Margaret $136,000 Capital Title Agency Inc
Gonzales Rodolfo $77,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karin Rashcovsky $270,000
Previous Owner Provanzano Steven $188,300
Previous Owner Gonzales Rodolfo $58,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2020 09/11/20 Sold $360,000 -10.0% $249 / Sq Ft
09/04/2020 09/04/20 Price Changed $399,900 0.0% $276 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $399,900 +48.7% $276 / Sq Ft
07/31/2019 07/31/19 Sold $269,000 0.0% $186 / Sq Ft View Prior Sale
06/20/2019 06/20/19 For Sale $269,000 +73.5% $186 / Sq Ft
07/13/2012 07/13/12 Sold $155,000 -13.8% $107 / Sq Ft View Prior Sale
06/28/2012 06/28/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $179,900 -- $124 / 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 $1,442 $10,675 -- --
2024 $1,372 $10,167 -- --
2023 $1,372 $39,160 $7,830 $31,330
2022 $1,318 $28,810 $5,760 $23,050
2021 $1,350 $24,250 $4,850 $19,400
2020 $1,317 $19,720 $3,940 $15,780
2019 $1,237 $15,800 $3,160 $12,640
2018 $1,211 $12,930 $2,580 $10,350
2017 $1,163 $13,360 $2,670 $10,690
2016 $1,116 $11,630 $2,320 $9,310
2015 $1,040 $10,020 $2,000 $8,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6100157

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-03-046