$140,000
SOLD SEP 16, 2013
-- Bed
-- Bath
2,800 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

9% Below List Price

57 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of September 2013

These are big size unit approx 933 sq ft each unit. 3 Unit of 2 bed and 2 bath, inside laundry, individually metered for electricity and 3 covered parking space, plus 2 more additional uncovered parking. Each unit has its own private patio. All units are fully rented at $500 each. Please do not disturb the tenants! Drive by only, do not walk on the property.

Last Agent to Sell the Property

Wilfredo Lopez

HomeSmart License #SA571929000 Listed on: 07/03/2013

HomeSmart

Last Buyer's Agent

Jeffery Dicks

Mase Realty License #BR627834000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1980

Home Design

  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • On-Street Parking

Schools

  • Alma Elementary School
  • Alhambra High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water
  • Tax Lot 28
  • Assessor Parcel Number 110-04-018

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8208
  • Gerardo Park Lots 11 39 Subdivision

Building Details

  • Operating Expense $1,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,140

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Indian School and 23rd Avenue
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2012
  • Directions: Go south on 23rd Ave, follow the curb to 23rd DR then head south to the property.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: Gerardo Park Lots 11-39
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: See Remarks, Painted, Stucco
  • Roof: Built-Up
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved Parking, Add'l Parking Avail, 1 Space/Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • 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
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Alma Elementary School
  • High School: Alhambra High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 8208
  • Additional Parcels: No
  • Parcel #: 110-04-018

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Operating Expense: 1140.0

Tax Info

  • Tax Annual Amount: 1140.0
  • Tax Book Number: 110.00
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2013
Closed on
Sep 11, 2013
Sold by
Pimentel Carolina L
Bought by
Hanwell Scott and Hanwell Lenora
Seller's Agent
Wilfredo Lopez
HomeSmart
Buyer's Agent
Jeffery Dicks
Mase Realty
List Price
$154,000
Sold Price
$140,000
Premium/Discount to List
-$14,000
-9.09%
Current Estimated Value
$541,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,506
Avg. Annual Appreciation
12.34%

Purchase Details

Closed on
Oct 16, 2010
Sold by
Piche Ronald J
Bought by
Pimentel Carolina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2010
Sold by
Pimentel Omar
Bought by
Pimentel Carolina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2010
Sold by
Rios Constantino
Bought by
Magnum Financial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,300
Interest Rate
4.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 2009
Sold by
Magnum Financial Llc
Bought by
Flamingo Transport Trust

Purchase Details

Closed on
Nov 14, 2005
Sold by
Rios Ismael
Bought by
Rios Constantino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 1998
Sold by
Tavison Henry and Tavison Delfina
Bought by
Rios Ismael and Rios Constantino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,080
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 1994
Sold by
Sherd Vern V and Sherd Gladys E
Bought by
Tavison Henry and Tavison Delfina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,600
Interest Rate
7.84%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Cash Sale Deed $140,000 Great American Title Agency
Warranty Deed $75,000 American Title Service Agenc
Interfamily Deed Transfer -- American Title Service Agenc
Trustee Deed $45,300 None Available
Special Warranty Deed -- None Available
Quit Claim Deed -- Grand Canyon Title Agency In
Joint Tenancy Deed $99,900 Grand Canyon Title Agency In
Joint Tenancy Deed $64,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $56,250 New Conventional
Previous Owner $202,500 Purchase Money Mortgage
Previous Owner $99,080 FHA
Previous Owner $51,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2014 02/07/14 Rented $495 0.0% --
02/07/2014 02/07/14 Off Market $495 -- --
12/28/2013 12/28/13 For Rent $550 0.0% --
11/18/2013 11/18/13 Rented $550 0.0% --
11/18/2013 11/18/13 Off Market $550 -- --
09/25/2013 09/25/13 For Rent $550 0.0% --
09/16/2013 09/16/13 Sold $140,000 -9.1% $50 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $154,000 -- $55 / 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 $1,613 $11,233 -- --
2024 $1,621 $10,698 -- --
2023 $1,621 $38,150 $7,630 $30,520
2022 $1,596 $28,280 $5,650 $22,630
2021 $1,611 $24,460 $4,890 $19,570
2020 $1,549 $21,630 $4,320 $17,310
2019 $1,530 $18,360 $3,670 $14,690
2018 $1,412 $15,810 $3,160 $12,650
2017 $1,395 $14,220 $2,840 $11,380
2016 $1,336 $12,250 $2,450 $9,800
2015 $1,264 $10,280 $2,050 $8,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4962045

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-04-018