$215,000
SOLD JAN 14, 2019
-- Bed
-- Bath
2,048 Sq Ft
6,490 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

57 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating Available

About This Home

As of May 2022

Wonderful turn-key investment opportunity in a centralized location! Fully occupied, spacious duplex has 3
bedrooms and 1 bathroom with a full size laundry room and dining room in each unit. Generous sized backyards
with a covered patio for each unit. Newer air conditioners (2010)! No HOA! Please do not disturb tenants – Tenant's Rights Apply
and all Appointments Must be Confirmed Prior to Showing

Last Agent to Sell the Property

Melissa Renee Brown

HomeSmart License #SA552739000 Listed on: 10/04/2018

HomeSmart

Last Buyer's Agent

M Paula Farace-Outeiral

RE/MAX Professionals License #SA550273000

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $914

Year Built

  • Built in 1963

Home Design

  • Brick Exterior Construction
  • Siding

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Cactus Wren Elementary School
  • Cholla Middle School
  • Cortez High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV, landscaping
  • The owner pays for trash collection, water, sewer
  • Tax Lot 140
  • Assessor Parcel Number 150-21-004

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6500
  • Wishing Well Village 2 Lots 137 172 Subdivision

Building Details

  • Operating Expense $3,837
  • Gross Income $18,000
  • Net Operating Income $14,163

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$914

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 35th Ave & Dunlap
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: r-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2017
  • Directions: From the I-17 exit westbound on Dunlap, after 35th ave the property will be on the south side of the road.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: WISHING WELL VILLAGE 2 LOTS 137-172
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, See Remarks, Brick Veneer, Painted, Brick
  • Roof: Rolled/Hot Mop
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • 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

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 1740.0

Schools

  • Elementary School: Cactus Wren Elementary School
  • High School: Cortez High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Cholla Middle School

Lot Info

  • Lot Size: 6500
  • Additional Parcels: No
  • Parcel #: 150-21-004

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 18000.0
  • Insurance Expense: 1183.0
  • Property Net Operating Income: 14163.0
  • Annual Operating Expense: 3837.0

Tax Info

  • Tax Annual Amount: 914.0
  • Tax Book Number: 150.00
  • Tax Lot: 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2021
Closed on
May 4, 2022
Sold by
Blanca Wetmore Living Trust
Bought by
Zarinana Edwin M Araujo and Araujo Cristian E
Seller's Agent
M Paula Farace-Outeiral
RE/MAX Professionals
Buyer's Agent
Angel Quinonez
Real Broker
List Price
$369,999
Sold Price
$370,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$394,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,913
Avg. Annual Appreciation
2.20%
Original Mortgage
$363,298
Outstanding Balance
$342,980
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$55,452

Purchase Details

Listed on
Oct 4, 2018
Closed on
Feb 22, 2019
Sold by
Wetmore Paul
Bought by
Wetmore Blanca
Seller's Agent
Melissa Renee Brown
HomeSmart
Buyer's Agent
M Paula Farace-Outeiral
RE/MAX Professionals
List Price
$214,500
Sold Price
$215,000
Premium/Discount to List
$500
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.82%

Purchase Details

Listed on
Oct 4, 2018
Closed on
Dec 3, 2018
Sold by
Arredondo Jose Jesus
Bought by
Wetmore Blanca and Wetmore Paul
Seller's Agent
Melissa Renee Brown
HomeSmart
Buyer's Agent
M Paula Farace-Outeiral
RE/MAX Professionals
List Price
$214,500
Sold Price
$215,000
Premium/Discount to List
$500
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 26, 2006
Sold by
Notali Waylet
Bought by
Arredondo Jose Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
8.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2001
Sold by
Mckirahan Paul W and Mckirahan Janet M
Bought by
Notali Waylet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1996
Sold by
P M & J Properties Inc
Bought by
Mckirahan Paul W and Mckirahan Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
10.12%

Purchase Details

Closed on
Apr 1, 1996
Sold by
Patterson Faith S
Bought by
Mckirahan Paul W and Mckirahan Janet M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $370,000 Driggs Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $215,000 First American Title Insuran
Interfamily Deed Transfer -- First American Title Insuran
Warranty Deed $235,000 Dhi Title Of Arizona Inc
Warranty Deed $100,000 Stewart Title & Trust
Quit Claim Deed -- Stewart Title & Trust
Joint Tenancy Deed -- Security Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $363,298 FHA
Previous Owner $161,250 Adjustable Rate Mortgage/ARM
Previous Owner $223,250 Purchase Money Mortgage
Previous Owner $72,800 New Conventional
Previous Owner $52,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $370,000 0.0% $181 / Sq Ft
04/30/2022 04/30/22 Price Changed $369,999 0.0% $181 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/09/2022 01/09/22 For Sale $369,999 0.0% $181 / Sq Ft
11/23/2021 11/23/21 Off Market $370,000 -- --
11/05/2021 11/05/21 For Sale $369,999 0.0% $181 / Sq Ft
06/05/2020 06/05/20 Rented $800 -8.6% --
06/03/2020 06/03/20 Under Contract -- -- --
06/01/2020 06/01/20 For Rent $875 0.0% --
01/14/2019 01/14/19 Sold $215,000 +0.2% $105 / Sq Ft
12/27/2018 12/27/18 For Sale $214,500 0.0% $105 / Sq Ft
12/27/2018 12/27/18 Price Changed $214,500 0.0% $105 / Sq Ft
12/17/2018 12/17/18 For Sale $214,500 0.0% $105 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
10/29/2018 10/29/18 Pending -- -- --
10/20/2018 10/20/18 Price Changed $214,500 -0.2% $105 / Sq Ft
10/04/2018 10/04/18 For Sale $215,000 -- $105 / 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 $1,024 $8,377 -- --
2024 $1,006 $7,978 -- --
2023 $1,006 $29,900 $5,980 $23,920
2022 $973 $20,100 $4,020 $16,080
2021 $986 $18,970 $3,790 $15,180
2020 $961 $16,230 $3,240 $12,990
2019 $944 $14,430 $2,880 $11,550
2018 $919 $12,110 $2,420 $9,690
2017 $914 $10,310 $2,060 $8,250
2016 $898 $10,270 $2,050 $8,220
2015 $831 $8,650 $1,730 $6,920
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5829093

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-21-004