NOT LISTED FOR SALE

Estimated Value: $358,899 - $413,000

-- Bed
-- Bath
2,048 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $210,000 $103 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,185/month

70 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System

About This Home

As of August 2018

Property in great condition. 2 bdr, 1bth 1024 sq ft. per unit. Upgraded windows to efficiency dual pane windows. West of I-17 and close to public transit. Buyer to verify all facts and figures. Seller has never lived on property. Currently has 2 renters paying $750 a month. Tenants rights.

Last Agent to Sell the Property

Craig Mayer

My Home Group Real Estate License #SA526520000 Listed on: 05/04/2018

My Home Group Real Estate

Last Buyer's Agent

Steven Barry

Realty ONE Group License #SA641406000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $914

Year Built

  • Built in 1963

Lot Details

  • 6,490

Home Design

  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

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

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 281 / 1002
  • Assessor Parcel Number 150-21-146

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6500
  • Wishing Well Village 3 Subdivision

Building Details

  • Operating Expense $3,504
  • Gross Income $18,000
  • Net Operating Income $14,506

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$914

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 35th Ave and Dunlap
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2017
  • Directions: W from 35th Avenue to property South side of Dunlap.
  • Road Surface Type: Asphalt
  • Subdivision Name: WISHING WELL VILLAGE 3
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Ceiling Fan(s)
  • 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
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 650.0
  • Annual Water Sewer Expense: 780.0

Schools

  • Elementary School: Cactus Wren Elementary School
  • High School: Cortez High School
  • Middle Or Junior School: Cholla Complex

Lot Info

  • Lot Size: 6500
  • Additional Parcels: No
  • Parcel #: 150-21-146

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 18000.0
  • Insurance Expense: 760.0
  • Maintenance Expense: 200.0
  • Property Net Operating Income: 14506.0
  • Annual Operating Expense: 3504.0

Tax Info

  • Tax Annual Amount: 914.0
  • Tax Block: 1002
  • Tax Book Number: 150.00
  • Tax Lot: 281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Aug 13, 2018
Sold by
Henderson Hanley T and Hanley T Henderson 401K
Bought by
Encinas Gabriel
Seller's Agent
Craig Mayer
My Home Group Real Estate
Buyer's Agent
Steven Barry
Realty ONE Group
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%
Current Estimated Value
$395,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,975
Avg. Annual Appreciation
9.43%
Original Mortgage
$0
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2009
Sold by
U S Bank National Association
Bought by
Henderson Hanley T

Purchase Details

Closed on
Jun 3, 2009
Sold by
Sobek David M and Sobek Astara E
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 29, 2006
Sold by
Sobek David M and Sobek Astara E
Bought by
Mvp Thomas Properties Llc

Purchase Details

Closed on
Aug 12, 2005
Sold by
Ferencz James S
Bought by
Sobek David and Sobek Astara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 1995
Sold by
Hud
Bought by
Ferencz James S

Purchase Details

Closed on
Sep 21, 1994
Sold by
Ica Mtg Corp
Bought by
Amwest Svgs Assn

Purchase Details

Closed on
Jun 20, 1994
Sold by
Amwest Svgs Assn
Bought by
Hud
Source: Public Records

Range of Values:

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Average Value
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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
Encinas Gabriel $210,000 American Title Service Agenc
Henderson Hanley T $52,000 Lsi Title
U S Bank National Association $62,050 Security Title Agency
Mvp Thomas Properties Llc $149,966 None Available
Sobek David $155,000 --
Ferencz James S -- --
Amwest Svgs Assn -- Trans National Title Agency
Hud -- Trans National Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Encinas Gabriel $206,196
Previous Owner Sobek David $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2018 08/16/18 Sold $210,000 0.0% $103 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/13/2018 07/13/18 Price Changed $209,900 +5.0% $102 / Sq Ft
07/06/2018 07/06/18 Price Changed $199,900 -4.8% $98 / Sq Ft
06/14/2018 06/14/18 Price Changed $209,900 -4.5% $102 / Sq Ft
05/04/2018 05/04/18 For Sale $219,900 -- $107 / 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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5761438

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-21-146