NOT LISTED FOR SALE

Estimated Value: $357,546 - $1,538,000

Studio
-- Bath
2,261 Sq Ft
$380/Sq Ft Est. Value

Last Sold August 15, 2013

Last sale price $155,000 $69 Per Sq Ft

Est. 454% increase in value since last sale

Current estimated payment $4,613/month

3 Days on Market

Highlights

  • Evaporated cooling system
  • Community Playground
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of August 2013

WELL MAINTAINED 8 PLEX IN EXCELLENT EAST SIDE LOCATION-FULLY LEASED-ALL 1 BEDROOM-1 BATH-6 OF 8 UNITS HAVE BEEN REMODELED WITH NEW PAINT AND TILE RECENTLY-NEW A/C WALL UNITS IN 2012 IN ALL PROPERTIES-COVERED PARKING AND STORAGE FOR ALL UNITS-LARGE GRASS COMMON AREA-THESE ARE PRIDE OF OWNERSHIP UNITS WITH GOOD CASH FLOW ON A QUIET STREET-OWNER HAS MADE MANY IMPROVEMENTS OVER THE LAST FEW YEARS.

Last Agent to Sell the Property

John Rucidlo

AgentHub 360, LLC License #BR006054000 Listed on: 06/27/2013

Last Buyer's Agent

John Rucidlo

AgentHub 360, LLC License #BR006054000 Listed on: 06/27/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,123

Year Built

  • Built in 1956

Lot Details

  • Additional Parcels

Home Design

  • Foam Roof
  • Block Exterior

Parking

  • 8 Parking Spaces
  • 8 Covered Spaces

Schools

  • Creighton Elementary School
  • Larry C Kennedy High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 127-22-067

Community Details

Overview

  • 4 Units
  • Building Dimensions are 67 X100
  • Oakshire Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $10,461
  • Gross Income $39,942
  • Net Operating Income $28,378

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,123

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: 36TH ST/THOMAS
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1956
  • Tax Year: 2012
  • Road Surface Type: Asphalt, Alley
  • Subdivision Name: OAKSHIRE
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Foam
  • 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:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Master Meter
  • Cooling: Individual, Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Annual Fuel Expense: 80.0
  • Annual Water Sewer Expense: 4735.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: Larry C Kennedy School
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 67 X100
  • Additional Parcels: Yes
  • Parcel #: 127-22-067

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 443.0
  • Annual Gross Income: 39942.0
  • Insurance Expense: 2400.0
  • Property Net Operating Income: 28378.0
  • Annual Operating Expense: 10461.0

Tax Info

  • Tax Annual Amount: 1123.0
  • Tax Book Number: 127.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2015
Sold by
Chow Jeanette
Bought by
Jc Fruitvale Llc
Current Estimated Value
$858,637

Purchase Details

Listed on
Jun 27, 2013
Closed on
Aug 9, 2013
Sold by
3633 Verde Apartments Llc
Bought by
Chow Jeannette
Seller's Agent
John Rucidlo
AgentHub 360, LLC
Buyer's Agent
John Rucidlo
AgentHub 360, LLC
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%
Original Mortgage
$80,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2013
Closed on
Jul 25, 2013
Sold by
Lau Raymond
Bought by
Chow Jeannette
Seller's Agent
John Rucidlo
AgentHub 360, LLC
Buyer's Agent
John Rucidlo
AgentHub 360, LLC
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2011
Sold by
Pellegrini William J
Bought by
3633 Verde Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,875
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2010
Sold by
Salazar Jose A and Salazar Maria J
Bought by
Pellegrini William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,875
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2004
Sold by
Aminov Alik and Aminov Tammy
Bought by
Salazar Jose A and Salazar Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2003
Sold by
Zobler Karen
Bought by
Aminov Alik and Aminov Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2002
Sold by
Lockwood Todd and Lockwood Kristine
Bought by
Zobler Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,100
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 1999
Sold by
Meyers Garaldine E
Bought by
Lockwood Todd and Lockwood Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,850
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1996
Sold by
Kunkel James F and Kunkel Vera M
Bought by
Geraghty Barbara A and Meyers Geraldine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8%
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
Jc Fruitvale Llc -- None Available
Chow Jeannette $155,000 Chicago Title Agency Inc
3633 Verde Apartments Llc -- Chicago Title Agency Inc
Chow Jeannette -- Chicago Title Agency Inc
3633 Verde Apartments Llc -- None Available
Pellegrini William J $82,500 Lawyers Title Of Arizona Inc
Salazar Jose A $250,000 Lawyers Title Ins
Aminov Alik $204,000 American Title Ins Agency Az
Zobler Karen E $171,400 First American Title Ins Co
Lockwood Todd $134,500 Capital Title Agency
Geraghty Barbara A $100,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chow Jeannette $80,000
Previous Owner Pellegrini William J $61,875
Previous Owner Salazar Jose A $200,000
Previous Owner Aminov Alik $139,000
Previous Owner Zobler Karen E $137,100
Previous Owner Lockwood Todd $100,850
Previous Owner Geraghty Barbara A $80,000
Closed Zobler Karen E $34,250
Closed Salazar Jose A $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2013 08/15/13 Sold $155,000 -3.1% $69 / Sq Ft
06/30/2013 06/30/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $159,900 -- $71 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,743 $12,905 -- --
2024 $1,658 $12,290 -- --
2023 $1,658 $50,810 $10,160 $40,650
2022 $1,593 $36,710 $7,340 $29,370
2021 $1,632 $33,580 $6,710 $26,870
2020 $1,592 $27,930 $5,580 $22,350
2019 $1,581 $22,270 $4,450 $17,820
2018 $1,549 $19,470 $3,890 $15,580
2017 $1,489 $17,620 $3,520 $14,100
2016 $1,431 $14,400 $2,880 $11,520
2015 $1,331 $12,750 $2,550 $10,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4958989

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-22-067