NOT LISTED FOR SALE

Estimated Value: $391,000 - $595,000

-- Bed
1 Bath
1,454 Sq Ft
$338/Sq Ft Est. Value

Last Sold November 24, 2014

Last sale price $249,500 $172 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,661/month

22 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System

About This Home

As of November 2014

Beautiful 1940's brick charmer for under 300k! Renovation includes new wiring, plumbing, windows, roof, Trane 13 seer heat pump/AC and interior finishes. Separate in-law suite is perfect for studio rental with private entrance, kitchen, bath, bedroom/living area with exposed brick wall providing lots of character. Spacious bedroom in main house with separate den/office, living/dining area, kitchen and inside laundry room. Beautiful hardwood floors throughout along with new tile! Detached finished space perfect for an office, workshop, hobby or storage. Location provides walking access to shopping, local restaurants and light rail. Excellent opportunity with endless possibilities! Also listed as single family MLS 5141425.

Last Agent to Sell the Property

Shane Burleson

Keller Williams Arizona Realty License #SA643502000 Listed on: 10/02/2014

Keller Williams Arizona Realty

Co-Listed By

melinda murphy

Keller Williams Arizona Realty License #BR117767000

Last Buyer's Agent

Mary Bowen

West USA Realty License #BR005436000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $653

Year Built

  • Built in 1943

Lot Details

  • 6,142

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stone Exterior Construction

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • Free Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 118-23-066

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6138
  • Alamo Place Subdivision

Building Details

  • Operating Expense $653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$653

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Cross Street: 7th Street & Osborn
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-1
  • Number Of Buildings: 1
  • Year Built: 1943
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwbp01
  • Co List Office Phone: 602-553-4400
  • Subdivision Name: Alamo Place
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stone, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Free, Common
  • 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:Carport: Yes
  • Parking:Free: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Heat Pump, Electric, Wall/Window Unit(s)
  • Heating: Central, Heat Pump, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Security Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6138
  • Additional Parcels: No
  • Parcel #: 118-23-066

Multi Family

  • Owner Pays: See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 653.0

Tax Info

  • Tax Annual Amount: 653.0
  • Tax Book Number: 118.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2019
Sold by
Lamb Stephanie K and Lamb Jaime P
Bought by
Lamb Jaime P and Lamb Stephaine K
Current Estimated Value
$491,182

Purchase Details

Listed on
Oct 2, 2014
Closed on
Nov 18, 2014
Sold by
Zorbas Peter W
Bought by
Lamb Stephanie K and Lamb Jaime P
Seller's Agent
Shane Burleson
Keller Williams Arizona Realty
Buyer's Agent
Mary Bowen
West USA Realty
List Price
$254,900
Sold Price
$249,500
Premium/Discount to List
-$5,400
-2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$237,025
Outstanding Balance
$182,237
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$308,945

Purchase Details

Closed on
Jan 23, 2006
Sold by
Vann Lipe Jake and Vann Lipe Helen
Bought by
Zorbas Peter W

Purchase Details

Closed on
Oct 23, 2001
Sold by
Vannlipe Jake and Vannlipe Helen B
Bought by
Vannlipe Jake and Vannlipe Helen B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lamb Jaime P -- None Available
Lamb Stephanie K $249,500 Empire West Title Agency
Zorbas Peter W $178,442 Security Title Agency Inc
Vannlipe Jake -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Stephanie K $237,025
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2014 11/24/14 Sold $249,500 0.0% $172 / Sq Ft
11/24/2014 11/24/14 Sold $249,500 0.0% $172 / Sq Ft View Prior Sale
10/18/2014 10/18/14 Pending -- -- --
10/18/2014 10/18/14 Pending -- -- --
10/14/2014 10/14/14 Price Changed $249,500 -2.1% $172 / Sq Ft
09/26/2014 09/26/14 For Sale $254,900 0.0% $175 / Sq Ft
09/08/2014 09/08/14 Price Changed $254,900 -2.9% $175 / Sq Ft
08/14/2014 08/14/14 Price Changed $262,500 -2.2% $181 / Sq Ft
08/03/2014 08/03/14 Price Changed $268,500 -2.4% $185 / Sq Ft
07/08/2014 07/08/14 For Sale $275,000 -- $189 / 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 $1,038 $9,086 -- --
2024 $965 $8,654 -- --
2023 $965 $32,710 $6,540 $26,170
2022 $961 $24,930 $4,980 $19,950
2021 $989 $24,060 $4,810 $19,250
2020 $962 $21,850 $4,370 $17,480
2019 $917 $20,930 $4,180 $16,750
2018 $884 $21,730 $4,340 $17,390
2017 $805 $15,700 $3,140 $12,560
2016 $775 $11,930 $2,380 $9,550
2015 $722 $12,010 $2,400 $9,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5179498

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-23-066