NOT LISTED FOR SALE

Estimated Value: $323,145 - $617,000

Studio
1 Bath
1,600 Sq Ft
$281/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $190,000 $119 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,316/month

31 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of March 2019

3 Unit Property, excellent for investment, tenants for years.

Last Agent to Sell the Property

Ruben Villasenor

EMG Real Estate License #SA679656000 Listed on: 02/16/2019

Co-Listed By

Manuel Garcia

EMG Real Estate License #SA650748000

Last Buyer's Agent

Gad Nagar

Altair Realty LLC License #SA640798000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $621

Year Built

  • Built in 1955

Lot Details

  • 8,625

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • David Crockett Elementary School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water
  • Legal Lot and Block 11 / 24
  • Assessor Parcel Number 121-16-105

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8,605
  • Sunbeam 1 Blk 15, 16, 21, 22 Subdivision

Building Details

  • Operating Expense $621

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$621

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: E Melvin st and N 36th st
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: emgr001
  • Co List Office Phone: 602-314-6224
  • Subdivision Name: SUNBEAM 1 BLK 15, 16, 21, 22
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Add'l Parking Avail
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

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

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: David Crockett Elementary School

Lot Info

  • Lot Size: 8,605
  • Additional Parcels: No
  • Parcel #: 121-16-105

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 3
  • Annual Operating Expense: 621.0

Tax Info

  • Tax Annual Amount: 621.0
  • Tax Block: 24
  • Tax Book Number: 121.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2019
Closed on
Mar 4, 2019
Sold by
Rodriguez Marlen and Marlen Rodriguez Living Trust
Bought by
Dotan Tomer
Seller's Agent
Ruben Villasenor
EMG Real Estate
Buyer's Agent
Gad Nagar
Altair Realty LLC
List Price
$205,000
Sold Price
$190,000
Premium/Discount to List
-$15,000
-7.32%
Current Estimated Value
$430,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,955
Avg. Annual Appreciation
13.40%
Original Mortgage
$90,000
Outstanding Balance
$79,125
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$369,911

Purchase Details

Closed on
Sep 2, 2014
Sold by
Rodriguez Marlen
Bought by
Rodriguez Marlen and Marlen Rodriguez Living Trust

Purchase Details

Closed on
Aug 16, 2012
Sold by
True Freedom Achievers Llc
Bought by
Entitlement Holdings Llc

Purchase Details

Closed on
Aug 15, 2012
Sold by
Donato Ashley E
Bought by
True Freedom Achievers Llc

Purchase Details

Closed on
May 5, 2011
Sold by
Rodriguez David
Bought by
Rodriguez Marlen

Purchase Details

Closed on
May 4, 2011
Sold by
Fannie Mae
Bought by
Rodriguez Marlen

Purchase Details

Closed on
Mar 28, 2011
Sold by
Rudin James
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 5, 2006
Sold by
Rudin James G
Bought by
Corners Unlimited Llc

Purchase Details

Closed on
Mar 8, 2006
Sold by
Ruiz Jorge and Ruiz Leticia
Bought by
Rudin James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2005
Sold by
Duran Cheryl A and Duran Cheryl
Bought by
Ruiz Jorge and Ruiz Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2000
Sold by
Duran Fred
Bought by
Duran Cheryl A and Duran Cheryl

Purchase Details

Closed on
Oct 28, 1998
Sold by
Servin Henry G and Servin Betty V
Bought by
Duran Fred and Duran Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,050
Interest Rate
6.42%
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
Dotan Tomer $196,000 Security Title Agency Inc
Rodriguez Marlen -- None Available
Entitlement Holdings Llc $179,000 Chicago Title Agency Inc
True Freedom Achievers Llc $165,000 Chicago Title Agency Inc
Rodriguez Marlen -- Stewart Title & Trust Of Pho
Rodriguez Marlen $44,290 Stewart Title & Trust Of Pho
Federal National Mortgage Association $143,569 None Available
Corners Unlimited Llc -- None Available
Rudin James $180,000 Arizona Title Agency Inc
Ruiz Jorge $117,000 Security Title Agency Inc
Duran Cheryl A -- Security Title Agency
Duran Fred $42,299 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dotan Tomer $90,000
Previous Owner Rudin James $135,000
Previous Owner Ruiz Jorge $87,750
Previous Owner Duran Fred $38,050
Closed Ruiz Jorge $23,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2019 03/18/19 Sold $190,000 -7.3% $119 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $205,000 0.0% $128 / Sq Ft
03/18/2019 03/18/19 Price Changed $205,000 0.0% $128 / Sq Ft
02/15/2019 02/15/19 For Sale $205,000 -- $128 / 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 $738 $5,781 -- --
2024 $688 $5,506 -- --
2023 $688 $26,110 $5,220 $20,890
2022 $663 $19,380 $3,870 $15,510
2021 $674 $16,220 $3,240 $12,980
2020 $662 $13,560 $2,710 $10,850
2019 $659 $10,730 $2,140 $8,590
2018 $621 $8,530 $1,700 $6,830
2017 $595 $8,720 $1,740 $6,980
2016 $582 $6,960 $1,390 $5,570
2015 $546 $5,420 $1,080 $4,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5884219

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-16-105