NOT LISTED FOR SALE

Estimated Value: $659,000 - $1,064,000

-- Bed
-- Bath
2,029 Sq Ft
$402/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $470,000 $232 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,429/month

6 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of June 2018

This is a completely repositioned asset featuring two 2br/2bth apartment homes with exceptional finishes and craftsmanship. Great floor plan that has all of the modern touches!! New wood tile floors and carpet throughout the units. New interior paint with all new light fixtures. New white shaker kitchen cabinets, quartz counters, and stainless steel appliances. Generously sized living areas. Updated and sparkling bathrooms! The property, located in the lower Arcadia neighborhoods is close to major freeways, retail, award winning restaurants and bars, and great schools.

Last Agent to Sell the Property

Nate Randleman

Keller Williams Realty East Valley License #BR563735000 Listed on: 05/09/2018

Keller Williams Realty East Valley

Co-Listed By

Sean Warren

eXp Realty License #SA670341000

Last Buyer's Agent

Cam Morrier

Occasio Realty License #BR643132000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,346

Year Built

  • Built in 1972

Lot Details

  • 6,752

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • On-Street Parking

Schools

  • Monte Vista Elementary School
  • Creighton Elementary Middle School
  • Camelback High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV, landscaping
  • Tax Lot 105
  • Assessor Parcel Number 127-21-036-D

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6738
  • East Citrus Acres Plat C Subdivision

Building Details

  • Operating Expense $1,846
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,346

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: 40th STREET & Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Duplex
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2017
  • Directions: 40th Street - turn WEST onto Earll (Earll is between Indian School and Thomas)
  • Road Surface Type: Concrete
  • Co List Office Mls Id: stho001
  • Co List Office Phone: 480-696-5500
  • Subdivision Name: EAST CITRUS ACRES PLAT C
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking, >1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Monte Vista Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 6738
  • Additional Parcels: No
  • Parcel #: 127-21-036-D

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 36000.0
  • Maintenance Expense: 500.0
  • Annual Operating Expense: 1846.0

Tax Info

  • Tax Annual Amount: 1346.0
  • Tax Book Number: 127.00
  • Tax Lot: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
May 23, 2018
Sold by
White Fig Homes Llc
Bought by
Hart Jane and Hart James
Seller's Agent
Nate Randleman
Keller Williams Realty East Valley
Buyer's Agent
Cam Morrier
Occasio Realty
List Price
$470,000
Sold Price
$470,000
Current Estimated Value
$814,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,871
Avg. Annual Appreciation
8.13%
Original Mortgage
$352,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2017
Sold by
Halter Mitchel L and Halter Diane C
Bought by
White Fig Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2011
Sold by
Balter Mitchel L and Halter Diane C
Bought by
Halter Mitchel L and Halter Diane C

Purchase Details

Closed on
Sep 27, 2002
Sold by
Woolridge Kevin
Bought by
Halter Mitchel L and Halter Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.16%
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 Buyer Sale Price Title Company
Hart Jane $470,000 Security Title Agency Inc
White Fig Homes Llc $230,000 Fidelity National Title Agen
Halter Mitchel L -- None Available
Halter Mitchel L $140,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Jane $352,500
Previous Owner White Fig Homes Llc $284,000
Previous Owner Halter Mitchel L $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2018 06/11/18 Sold $470,000 0.0% $232 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $470,000 -- $232 / 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 $1,517 $11,669 -- --
2024 $1,500 $11,113 -- --
2023 $1,500 $43,020 $8,600 $34,420
2022 $1,441 $31,310 $6,260 $25,050
2021 $1,476 $29,200 $5,840 $23,360
2020 $1,440 $25,010 $5,000 $20,010
2019 $1,430 $20,370 $4,070 $16,300
2018 $1,400 $18,100 $3,620 $14,480
2017 $1,346 $15,480 $3,090 $12,390
2016 $1,294 $12,580 $2,510 $10,070
2015 $1,204 $10,960 $2,190 $8,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5763473

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-21-036D