NOT LISTED FOR SALE

Estimated Value: $1,066,000 - $1,675,407

4 Beds
-- Bath
2,640 Sq Ft
$490/Sq Ft Est. Value

Sale Details

Date Sold: December 27, 2021

Last sale price $1,150,000 $436 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,186 / mo

20 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of December 2021

The Earll is a fantastic turnkey four-plex opportunity located in the heart of Arcadia Lite. The property consists of (2) 1 bed / 1 bath units averaging $1,295 rents and (2) 2 bed / 1 bath units averaging $1,475 rents.
The property is fully turnkey with in-suite washer / dryer, new kitchens, flooring, bathroom and roof, electrical panels and more. One of the 2 bed / 1 bath units is lightly renovated with no in-suite washer / dryer. The amenities include ample covered and uncovered parking and an on-site laundry facility.

Last Agent to Sell the Property

Mitchell Drake

ABI Multifamily License #SA675761000 Listed on: 10/21/2021

Co-Listed By

Dallin Hammond

ABI Multifamily License #SA677560000

Last Buyer's Agent

Mitchell Drake

ABI Multifamily License #SA675761000 Listed on: 10/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,959

Year Built

  • Built in 1973

Lot Details

  • 8,625

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces

Utilities

  • Central Air
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 189
  • Assessor Parcel Number 127-30-017-D

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8,624

Building Details

  • Operating Expense $1,959
  • Gross Income $65,000
  • Net Operating Income $55,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,959

Year Built

Built in 1973

Lot Details

8,625 Sq Ft Lot

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1973
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 8,624
  • Additional Parcels: No
  • Parcel #: 127-30-017-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 65000.0
  • Property Net Operating Income: 55000.0
  • Annual Operating Expense: 1959.0

Tax Info

  • Tax Annual Amount: 1959.0
  • Tax Book Number: 127.00
  • Tax Lot: 189

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Bought by
Current Estimated Value
$1,294,469

Purchase Details

Closed on
Jan 29, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,483,335
Interest Rate
6.95%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 3, 2022
Sold by
Bought by
Seller's Agent
Mitchell Drake
ABI Multifamily
Buyer's Agent
Mitchell Drake
ABI Multifamily
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
Original Mortgage
$920,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 22, 2021
Sold by
Bought by
Seller's Agent
Mitchell Drake
ABI Multifamily
Buyer's Agent
Mitchell Drake
ABI Multifamily
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 20, 2021
Sold by
Bought by
Seller's Agent
Mitchell Drake
ABI Multifamily
Buyer's Agent
Mitchell Drake
ABI Multifamily
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2016
Sold by
Bought by

Purchase Details

Closed on
Dec 8, 2015
Sold by
Bought by

Purchase Details

Closed on
May 4, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,850
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,850
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,950
Interest Rate
8.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
6.98%
Mortgage Type
Commercial
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,500,000 Chicago Title
-- Chicago Title
-- New Title Company Name
$1,150,000 Thomas Title And Escrow Agcy
-- Thomas Title And Escrow Agcy
$643,334 Chicago Title Agency Inc
$643,334 Chicago Title
-- None Available
$250,000 Security Title Agency Inc
-- Security Title Agency Inc
-- Security Title Agency Inc
-- None Available
$223,000 --
$223,000 Guaranty Title Agency
$155,000 Fidelity National Title
$112,000 Ati Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,483,335
Previous Owner $920,000
Previous Owner $482,500
Previous Owner $482,500
Previous Owner $211,850
Previous Owner $153,950
Previous Owner $100,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $1,150,000 -4.2% $436 / Sq Ft
10/20/2021 10/20/21 For Sale $1,200,000 -- $455 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,092 $15,487 -- --
2024 $1,990 $14,750 -- --
2023 $1,990 $59,160 $11,830 $47,330
2022 $1,912 $42,350 $8,470 $33,880
2021 $1,959 $38,820 $7,760 $31,060
2020 $1,911 $32,850 $6,570 $26,280
2019 $1,898 $26,200 $5,240 $20,960
2018 $1,859 $22,910 $4,580 $18,330
2017 $1,787 $20,700 $4,140 $16,560
2016 $1,718 $17,250 $3,450 $13,800
2015 $1,598 $15,130 $3,020 $12,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6310104

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-30-017D

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