NOT LISTED FOR SALE

Estimated Value: $893,000 - $1,413,637

Studio
-- Bath
2,867 Sq Ft
$407/Sq Ft Est. Value

Sale Details

Date Sold: July 2, 2014

Last sale price $344,000 $120 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $6,599 / mo

113 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Community Barbecue Grill
  • Heat Pump System

About This Home

As of July 2014

RARE OPPORUNITY to purchase a pristine 4-Plex in the heart of the BOOMING ARCADIA AREA! The main home has (2) bedrooms w/(2) baths and the remaining (3) units have (2) bedrooms w/(1) bath each! Amenities: Covered carport parking, on-site coin-op laundry, separate storage areas for each unit, refrigerators & range/ovens in each unit, all electric - individually metered, Large grounds and courtyard area! A beautifully quiet neighborhood in a fantastic location with great Tenants! ***PLEASE DO NOT DISTURB TENANTS***

Last Agent to Sell the Property

Sean Hahn

West USA Realty License #SA043742000 Listed on: 02/04/2014

West USA Realty

Last Buyer's Agent

Kevin Owens

SERHANT. License #SA628414000

SERHANT.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,642

Year Built

  • Built in 1965

Lot Details

  • 0.3

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • On-Street Parking

Schools

  • Biltmore Preparatory Academy Elementary And Middle School
  • Camelback High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Separate Meters
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 170-31-005-A

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 100x130
  • Pasadena Tract Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $6,692
  • Gross Income $32,414
  • Net Operating Income $28,618

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,642

Year Built

Built in 1965

Lot Details

0.3 Acres

Listing Details

  • Cross Street: 36th Street & Monterosa
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M Multi-Famil
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1965
  • Tax Year: 2011
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Subdivision Name: Pasadena Tract
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Wood
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, 1 Space/Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, Barbecue, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Community Amenities:Barbecue: Yes

Fee Information

  • Annual Water Sewer Expense: 1900.0

Schools

  • Elementary School: Biltmore Preparatory Academy
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Biltmore Preparatory Academy

Lot Info

  • Lot Size: 100x130
  • Additional Parcels: No
  • Parcel #: 170-31-005-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 600.0
  • Annual Gross Income: 32413.5
  • Insurance Expense: 1200.0
  • Maintenance Expense: 750.0
  • Property Net Operating Income: 28617.5
  • Annual Operating Expense: 6692.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1642.0
  • Tax Book Number: 170.00
  • Tax Lot: 3

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
Mar 13, 2015
Sold by
Bought by
Current Estimated Value
$1,166,409

Purchase Details

Listed on
Feb 4, 2014
Closed on
Jun 13, 2014
Sold by
Bought by
Seller's Agent
Sean Hahn
West USA Realty
Buyer's Agent
Kevin Owens
SERHANT.
List Price
$425,000
Sold Price
$344,000
Premium/Discount to List
-$81,000
-19.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$240,000
Outstanding Balance
$182,343
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$984,066

Purchase Details

Closed on
Mar 7, 1995
Sold by
Bought by
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 Available
$344,000 Old Republic 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
Open $240,000
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
07/02/2014 07/02/14 Sold $344,000 -19.1% $120 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $425,000 -- $148 / 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 $3,369 $24,939 -- --
2024 $3,205 $23,752 -- --
2023 $3,205 $68,120 $13,620 $54,500
2022 $3,079 $51,450 $10,290 $41,160
2021 $3,154 $47,930 $9,580 $38,350
2020 $3,077 $42,970 $8,590 $34,380
2019 $3,056 $38,780 $7,750 $31,030
2018 $2,993 $34,450 $6,890 $27,560
2017 $2,877 $30,200 $6,040 $24,160
2016 $2,766 $24,480 $4,890 $19,590
2015 $2,573 $22,870 $4,570 $18,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5064525

Arizona Regional Multiple Listing Service (ARMLS)

APN: 170-31-005A

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