NOT LISTED FOR SALE

Estimated Value: $1,117,000 - $1,950,416

9 Beds
2 Baths
850 Sq Ft
$1,952/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $535,000 $629 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $9,180/month

6 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of February 2016

8 Plex, Wonderful Investment Opportunity

Last Agent to Sell the Property

Rodica Bartels

Century 21 Northwest License #BR507907000 Listed on: 12/22/2015

Century 21 Northwest

Co-Listed By

John Crow

Century 21 Northwest License #SA635202000

Last Buyer's Agent

Carol Comley-Bolek

Century 21 Northwest License #BR532282000

Century 21 Northwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,645

Year Built

  • Built in 1964

Lot Details

  • 0.57

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Parking

  • 8 Parking Spaces
  • 8 Covered Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 127-24-032-D

Community Details

Overview

  • 3 Buildings
  • 8 Units
  • Building Dimensions are irr

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $3,645

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,645

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: 36th Street & Indian School Road
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Year Built: 1964
  • Tax Year: 2015
  • Directions: South on 36th Street from Indian School Road,to the Property.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cere10
  • Subdivision Name: NA
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, 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: Pool
  • Amenities: Other

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 127-24-032-D

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 8
  • Annual Operating Expense: 3645.0
  • Vacancy Allowance Rate: 3.0

Tax Info

  • Tax Annual Amount: 3645.0
  • Tax Book Number: 127.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2019
Sold by
Carr Ryan J
Bought by
Carr Ryan J and Carr Kristi L
Current Estimated Value
$1,659,139

Purchase Details

Listed on
Dec 22, 2015
Closed on
Feb 18, 2016
Sold by
Carr Kristi and Carr Ryan James
Bought by
Carr Ryan James
Seller's Agent
Rodica Bartels
Century 21 Northwest
Buyer's Agent
Carol Comley-Bolek
Century 21 Northwest
List Price
$599,999
Sold Price
$535,000
Premium/Discount to List
-$64,999
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Original Mortgage
$374,500
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2010
Sold by
Remer Irvin
Bought by
Karlson Brown Darryl and Karlson Vhay Erica

Purchase Details

Closed on
Jul 20, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Remer Irvin

Purchase Details

Closed on
Feb 5, 2009
Sold by
Martin Carrie R and Martin David K
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 2, 2000
Sold by
Martin David K and Martin Carrie R
Bought by
Martin David K and Martin Carrie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,800
Interest Rate
8.2%

Purchase Details

Closed on
Jan 2, 1997
Sold by
Martin Evelyn M
Bought by
Martin David K and Martin Carrie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,750
Interest Rate
7.53%
Mortgage Type
Commercial
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
Carr Ryan J -- None Available
Carr Ryan James -- First American Title Ins Co
Carr Ryan James $535,000 First American Title Ins Co
Karlson Brown Darryl $270,000 Pioneer Title Agency Inc
Remer Irvin $200,000 Metro Title Agency Of Az Llc
Hsbc Bank Usa National Association $432,450 None Available
Martin David K -- Security Title Agency
Martin David K -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carr Ryan James $374,500
Previous Owner Martin David K $257,800
Previous Owner Martin David K $217,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold $535,000 -10.8% $629 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
12/22/2015 12/22/15 For Sale $599,999 0.0% $706 / Sq Ft
08/30/2015 08/30/15 Rented $635 0.0% --
08/28/2015 08/28/15 Under Contract -- -- --
08/28/2015 08/28/15 For Rent $635 -- --
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 $4,593 $35,331 -- --
2024 $4,540 $33,649 -- --
2023 $4,540 $156,730 $31,340 $125,390
2022 $4,362 $109,870 $21,970 $87,900
2021 $4,468 $102,660 $20,530 $82,130
2020 $4,360 $70,400 $14,080 $56,320
2019 $4,329 $68,750 $13,750 $55,000
2018 $4,240 $60,230 $12,040 $48,190
2017 $4,076 $50,430 $10,080 $40,350
2016 $3,918 $43,010 $8,600 $34,410
2015 $3,645 $37,770 $7,550 $30,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5375517

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-24-032D