NOT LISTED FOR SALE

Estimated Value: $378,494 - $590,000

Studio
-- Bath
1,960 Sq Ft
$254/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $350,000 $179 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,650/month

6 Days on Market

Highlights

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

About This Home

As of June 2021

Great CASH FLOW opportunity and when leases are up room to raise rents for even more cash flow. All 3 units are rented out. NEW ROOF and NEW Fixtures done in 2020.

Last Agent to Sell the Property

Veronica Hughes

Realty ONE Group License #SA668357000 Listed on: 05/27/2021

Last Buyer's Agent

Patrick Halpine

My Home Group Real Estate License #SA630078000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $651

Year Built

  • Built in 1973

Lot Details

  • Property fronts an alley

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 15 / 23
  • Assessor Parcel Number 121-16-094-G

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR
  • Sunbeam 1 Blk 15, 16, 21, 22 Subdivision

Building Details

  • Operating Expense $4,229
  • Gross Income $31,908
  • Net Operating Income $27,679

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$651

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: 35th Street & Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: RESID
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2020
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Subdivision Name: SUNBEAM 1 BLK 15, 16, 21, 22
  • Tax Parcel Letter: G
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Refrigerator, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Siding, Painted
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • 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

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2340.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 121-16-094-G

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 31908.0
  • Insurance Expense: 587.0
  • Property Net Operating Income: 27679.0
  • Annual Operating Expense: 4229.0

Tax Info

  • Tax Annual Amount: 651.0
  • Tax Block: 23
  • Tax Book Number: 121.00
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jun 17, 2021
Sold by
Residential Property Investment And Mana
Bought by
Wolf Joseph and Wolf Kelly
Seller's Agent
Veronica Hughes
Realty ONE Group
Buyer's Agent
Patrick Halpine
My Home Group Real Estate
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$498,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,124
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Dec 19, 2015
Sold by
Mcintyre Hellmi
Bought by
Residental Property Investment & Managem

Purchase Details

Closed on
Sep 11, 2006
Sold by
Kenneth A Powell Of Cap Tech Advisors Ll
Bought by
Mcintyre Glenn and Mcintyre Hellmi

Purchase Details

Closed on
Sep 20, 2005
Sold by
Keating Corland G and Keating Jeanette M
Bought by
Captech Advisors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2004
Sold by
Foresight Investment Group Llc
Bought by
Keating Corland G and Keating Jeanette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2004
Sold by
Wilson Lillian M
Bought by
Foresight Investment Group Llc

Purchase Details

Closed on
Oct 4, 2000
Sold by
Walke Thomas C and Walke Annette
Bought by
Wilson Lillian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
7.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 1999
Sold by
Frizzell Clifton G and Frizzell Marjorie J
Bought by
Walke Thomas C and Walke Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
7.82%
Mortgage Type
New Conventional
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
Wolf Joseph $335,000 Landmark Ttl Assurance Agcy
Residental Property Investment & Managem $73,000 Driggs Title Agency Inc
Mcintyre Glenn -- None Available
Captech Advisors Llc $170,000 Transnation Title Ins Co
Keating Corland G $119,000 Security Title Agency
Foresight Investment Group Llc $91,880 --
Wilson Lillian M $105,000 Security Title Agency
Walke Thomas C $65,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Captech Advisors Llc $128,700
Previous Owner Keating Corland G $107,100
Previous Owner Wilson Lillian M $78,750
Previous Owner Walke Thomas C $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2021 06/24/21 Sold $350,000 0.0% $179 / Sq Ft
05/27/2021 05/27/21 For Sale $350,000 -- $179 / Sq Ft
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 $726 $5,691 -- --
2024 $677 $5,420 -- --
2023 $677 $27,200 $5,440 $21,760
2022 $653 $19,450 $3,890 $15,560
2021 $664 $15,610 $3,120 $12,490
2020 $651 $13,370 $2,670 $10,700
2019 $649 $11,410 $2,280 $9,130
2018 $611 $10,100 $2,020 $8,080
2017 $585 $9,020 $1,800 $7,220
2016 $573 $7,020 $1,400 $5,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6242447

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-16-094G