NOT LISTED FOR SALE

Estimated Value: $259,000 - $287,000

4 Beds
2 Baths
500 Sq Ft
$551/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $249,900 $500 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,482/month

15 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • No Heating

About This Home

As of October 2021

Huge Investment Opportunity for an affordable price! FIRST TIME HOME BUYER DREAM. LIVE IN ONE HOME AND RENT OUT THE OTHER. Ample Parking for both units. Both units include 2-bedroom, 1 bath, close to I-10, I-17 and downtown.

Last Agent to Sell the Property

Ricardo Figueroa

Best Homes Real Estate License #SA535509000 Listed on: 07/13/2021

Best Homes Real Estate

Last Buyer's Agent

Ricardo Figueroa

Best Homes Real Estate License #SA535509000 Listed on: 07/13/2021

Best Homes Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $309

Year Built

  • Built in 1944

Lot Details

  • 6,665

Home Design

  • Wood Frame Construction
  • Stucco

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Alta E Butler Elementary School
  • Isaac Middle School
  • Carl Hayden High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water
  • Legal Lot and Block 4 / 29
  • Assessor Parcel Number 106-09-102

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 6657
  • West Phoenix No 4 Subdivision

Building Details

  • Operating Expense $309

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$309

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Cross Street: 43rd Ave & McDowell Rd
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1944
  • Tax Year: 2020
  • Directions: East on McDowell to 39th Ave. South on 39th Ave to Latham. East (Left) on Latham to property on you left
  • Road Surface Type: Asphalt
  • Subdivision Name: WEST PHOENIX NO 4
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling, Window/Wall Unit
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: Master Meter
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Alta E Butler School
  • High School: Carl Hayden High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Isaac Middle School

Lot Info

  • Lot Size: 6657
  • Additional Parcels: No
  • Parcel #: 106-09-102

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 2
  • Annual Operating Expense: 309.0

Tax Info

  • Tax Annual Amount: 309.0
  • Tax Block: 29
  • Tax Book Number: 106.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Oct 13, 2021
Sold by
Alvarado Marta
Bought by
Contreras Alfredo
Seller's Agent
Ricardo Figueroa
Best Homes Real Estate
Buyer's Agent
Ricardo Figueroa
Best Homes Real Estate
List Price
$255,900
Sold Price
$249,900
Premium/Discount to List
-$6,000
-2.34%
Current Estimated Value
$275,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,577
Avg. Annual Appreciation
2.45%
Original Mortgage
$236,705
Outstanding Balance
$215,853
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$59,624

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 24, 2021
Sold by
Madrigal Lourdes
Bought by
Contreras Alfredo
Seller's Agent
Ricardo Figueroa
Best Homes Real Estate
Buyer's Agent
Ricardo Figueroa
Best Homes Real Estate
List Price
$255,900
Sold Price
$249,900
Premium/Discount to List
-$6,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,705
Outstanding Balance
$215,853
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$59,624
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Contreras Alfredo -- Magnus Title Agency
Contreras Alfredo $249,500 Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras Alfredo $236,705
Previous Owner Contreras Alfredo $236,705
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $249,900 -2.3% $500 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $255,900 -- $512 / 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 $308 $2,074 -- --
2024 $300 $1,975 -- --
2023 $300 $12,960 $2,590 $10,370
2022 $285 $11,330 $2,260 $9,070
2021 $315 $7,570 $1,510 $6,060
2020 $309 $6,760 $1,350 $5,410
2019 $304 $5,130 $1,020 $4,110
2018 $304 $5,310 $1,060 $4,250
2017 $303 $3,500 $700 $2,800
2016 $293 $3,230 $640 $2,590
2015 $271 $2,260 $450 $1,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6264019

Arizona Regional Multiple Listing Service (ARMLS)

APN: 106-09-102