NOT LISTED FOR SALE

3610 W Shedd Rd Eloy, AZ 85131

Estimated Value: $526,724 - $592,000

-- Bed
1 Bath
799 Sq Ft
$706/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $515,000 $645 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,162/month

49 Days on Market

About This Home

As of March 2023

Fully Rented! Block constructed 4 plex in great condition. This property is a money maker! 4 units with 2 bedrooms and 1 bath each, inside laundry for each unit and all units are completely tiled. Average rent is $762.50. Owner agent.

Last Agent to Sell the Property

Steven Power

Perfect Choice Real Estate License #SA637783000 Listed on: 01/10/2023

Last Buyer's Agent

Bert Dominick

Keller Williams Realty Sonoran Living License #SA685873000

Keller Williams Realty Sonoran Living

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,973

Year Built

  • Built in 2002

Lot Details

  • 0.42

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Curiel Elementary School
  • Eloy Junior High School
  • Santa Cruz Valley Union High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV
  • Legal Lot and Block 26 / I
  • Assessor Parcel Number 404-02-210

Community Details

Overview

  • 4 Units
  • Building Dimensions are 114x163
  • Toltec/Arizona Valley Unit One Subdivision

Building Details

  • Operating Expense $3,855
  • Gross Income $66,941,400
  • Net Operating Income $32,745

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,973

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Cross Street: Shedd & Jimmie Kerr
  • Legal Info Range: 07E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 2002
  • Tax Year: 2022
  • Directions: Interstate 10 Exit 195 (Jimmie Kerr Blvd), head south to Shedd Rd, property will be on your left.
  • Road Surface Type: Asphalt
  • Subdivision Name: TOLTEC/ARIZONA VALLEY UNIT ONE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Curiel School
  • High School: Santa Cruz Valley Union High School
  • Middle Or Junior School: Eloy Junior High School

Lot Info

  • Lot Size: 114x163
  • Additional Parcels: No
  • Parcel #: 404-02-210

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 66941400.0
  • Insurance Expense: 1086.0
  • Maintenance Expense: 250.0
  • Property Net Operating Income: 32745.0
  • Annual Operating Expense: 3855.0
  • Vacancy Allowance Rate: 1830.0

Tax Info

  • Tax Annual Amount: 1973.0
  • Tax Block: I
  • Tax Book Number: 404.00
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Mar 16, 2023
Sold by
Power Partnership Llc
Bought by
Carlos Acquisitions And Asset Management Llc
Seller's Agent
Steven Power
Perfect Choice Real Estate
Buyer's Agent
Bert Dominick
Keller Williams Realty Sonoran Living
List Price
$549,900
Sold Price
$515,000
Premium/Discount to List
-$34,900
-6.35%
Views
78
Current Estimated Value
$564,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,431
Avg. Annual Appreciation
2.93%
Original Mortgage
$386,250
Outstanding Balance
$376,203
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$177,841

Purchase Details

Listed on
Feb 18, 2014
Closed on
May 29, 2014
Sold by
Power Thomas D
Bought by
Power Thomas D and Power Steven B
Seller's Agent
Stephanie Cosand
RE/MAX A Bar Z Realty
Buyer's Agent
Steven Power
Perfect Choice Real Estate
List Price
$108,150
Sold Price
$105,000
Premium/Discount to List
-$3,150
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.40%

Purchase Details

Listed on
Feb 18, 2014
Closed on
Mar 20, 2014
Sold by
U S Bank National Association
Bought by
Power Thomas D
Seller's Agent
Stephanie Cosand
RE/MAX A Bar Z Realty
Buyer's Agent
Steven Power
Perfect Choice Real Estate
List Price
$108,150
Sold Price
$105,000
Premium/Discount to List
-$3,150
-2.91%

Purchase Details

Closed on
Aug 21, 2013
Sold by
Jenkins Blazquez Destiny
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 28, 2007
Sold by
Famil Jenkins Blazquez Destiny
Bought by
3610 West Shedd Road Llc

Purchase Details

Closed on
May 19, 2004
Sold by
Jenkins Blazwquez Destiny
Bought by
Destiny Jenkins Blazquez Family Liv Destiny

Purchase Details

Closed on
Mar 19, 2004
Sold by
Jenkins Blazquez Destiny
Bought by
Famil Jenkins Blazquez Destiny

Purchase Details

Closed on
Oct 7, 2003
Sold by
Jenkins Blazquez Destiny
Bought by
Famil Jenkins Blazquez Destiny

Purchase Details

Closed on
Feb 14, 2003
Sold by
Bruga Leslie M
Bought by
Jenkins Blazquez Destiny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,040
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2002
Sold by
Ferrara Baldassare and Ferrara Caterina
Bought by
Bruga Leslie M
Source: Public Records

Range of Values:

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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
Carlos Acquisitions And Asset Management Llc $515,000 Empire Title
Power Thomas D -- None Available
Power Thomas D $105,000 Equity Title Agency Inc
U S Bank National Association -- First American Title
3610 West Shedd Road Llc -- None Available
Destiny Jenkins Blazquez Family Liv Destiny -- --
Famil Jenkins Blazquez Destiny -- Transnation Title
Famil Jenkins Blazquez Destiny -- --
Jenkins Blazquez Destiny $193,950 Fidelity Natl Title Agency
Bruga Leslie -- Fidelity Natl Title Agency
Bruga Leslie M $6,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlos Acquisitions And Asset Management Llc $386,250
Previous Owner Jenkins Blazquez Destiny $155,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $515,000 -6.3% $645 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $549,900 0.0% $688 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $549,900 +423.7% $688 / Sq Ft
03/31/2014 03/31/14 Sold $105,000 -2.9% $131 / Sq Ft
03/14/2014 03/14/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $108,150 -- $135 / 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 $2,033 $30,314 -- --
2024 $1,973 $34,112 -- --
2023 $2,046 $23,717 $630 $23,087
2022 $1,973 $16,788 $370 $16,418
2021 $2,074 $14,859 $0 $0
2020 $2,015 $15,334 $0 $0
2019 $1,945 $13,751 $0 $0
2018 $1,910 $11,423 $0 $0
2017 $1,906 $12,133 $0 $0
2016 $1,910 $12,478 $840 $11,638
2014 -- $2,611 $840 $1,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6505799

Arizona Regional Multiple Listing Service (ARMLS)

APN: 404-02-210