NOT LISTED FOR SALE

Estimated Value: $357,546 - $1,122,000

Studio
-- Bath
2,261 Sq Ft
$322/Sq Ft Est. Value

Last Sold August 15, 2013

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

Est. 369% increase in value since last sale

Current estimated payment $3,930/month

3 Days on Market

Highlights

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

About This Home

As of August 2013

WELL MAINTAINED 4 PLEX IN EXCELLENT EAST SIDE LOCATION-FULLY LEASED-ALL 1 BEDROOM-1 BATH-3 OF 4 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

  • $1,101

Year Built

  • Built in 1955

Lot Details

  • 6,752

Home Design

  • Foam Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

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

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 127-22-066

Community Details

Overview

  • 4 Units
  • Building Dimensions are 100X68
  • Oakshire Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Building Details

  • Operating Expense $6,017
  • Gross Income $19,122
  • Net Operating Income $11,509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,101

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 36th ST & THOMAS RD
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULT
  • Number Of Buildings: 1
  • Year Built: 1955
  • 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: See Remarks, Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Attached: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Barbecue, Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Community Amenities:Barbecue: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Annual Fuel Expense: 80.0
  • Annual Water Sewer Expense: 2949.0

Schools

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

Lot Info

  • Lot Size: 100X68
  • Additional Parcels: No
  • Parcel #: 127-22-066

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 302.0
  • Annual Gross Income: 19122.0
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 11509.0
  • Annual Operating Expense: 6016.72

Tax Info

  • Tax Annual Amount: 1100.72
  • Tax Book Number: 127.00
  • Tax Lot: 2

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
$727,387

Purchase Details

Listed on
Jun 27, 2013
Closed on
Aug 9, 2013
Sold by
3637 Verde Apartments Llc
Bought by
Chow Jeanette
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
13.17%
Original Mortgage
$100,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2013
Closed on
Jul 25, 2013
Sold by
Lau Raymond
Bought by
Chow Jeanette
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
$100,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2011
Sold by
Pellegrini William J
Bought by
3637 Verde Apartments Llc

Purchase Details

Closed on
Oct 29, 2010
Sold by
Salazar Jose A and Salazar Maria I
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
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 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 E
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
May 7, 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%

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
Feb 3, 1999
Sold by
The Verde Lane Llc
Bought by
Meyers Garaldine E

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
Mar 10, 1997
Sold by
Geraghty Barbara A and Meyers Garaldine E
Bought by
The Verde Lane Llc

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
$90,000
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 Jeanette $155,000 Chicago Title Agency Inc
3637 Verde Apartments Llc -- Chicago Title Agency Inc
Chow Jeanette -- Chicago Title Agency Inc
3637 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
Meyers Garaldine E -- --
The Verde Lane Llc -- --
Geraghty Barbara A $100,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3637 Verde Apartments Llc $100,000
Previous Owner Chow Jeanette $100,000
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 $90,000
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 $1,735 $12,849 -- --
2024 $1,651 $12,237 -- --
2023 $1,651 $51,460 $10,290 $41,170
2022 $1,586 $37,020 $7,400 $29,620
2021 $1,625 $33,850 $6,770 $27,080
2020 $1,585 $28,460 $5,690 $22,770
2019 $1,574 $22,750 $4,550 $18,200
2018 $1,542 $19,380 $3,870 $15,510
2017 $1,482 $17,520 $3,500 $14,020
2016 $1,425 $14,310 $2,860 $11,450
2015 $1,326 $12,670 $2,530 $10,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4959031

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-22-066