NOT LISTED FOR SALE

Estimated Value: $449,000 - $698,000

Studio
2 Baths
850 Sq Ft
$671/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2016

Last sale price $184,900 $218 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $3,077 / mo

39 Days on Market

Highlights

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

About This Home

As of July 2016

Huge value added opportunity! $500,000+ homes all around it! Rents can be increased significantly! Rents next door are $800 for same size units!! Or you can build on it! Near Arcadia and Camelback Corridor!

Last Agent to Sell the Property

Marla Wicks

Better Homes & Gardens Real Estate SJ Fowler License #SA535997000 Listed on: 05/16/2016

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Patrick O'Sullivan

Get Multifamily License #BR634211000

Last Buyer's Agent

Shelina Mandalia

Phoenix Urban Spaces License #SA656874000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,030

Year Built

  • Built in 1962

Lot Details

  • 6,752

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 130
  • Assessor Parcel Number 127-20-026-F

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRR
  • East Citrus Acres Plat A Subdivision

Building Details

  • Operating Expense $3,230
  • Gross Income $11,400
  • Net Operating Income $8,170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,030

Year Built

Built in 1962

Lot Details

6,752 Sq Ft Lot

Listing Details

  • Cross Street: 40th Street and Earll Drive
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: capc01
  • Co List Office Phone: 480-409-1429
  • Subdivision Name: EAST CITRUS ACRES PLAT A
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: 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: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking, Free, 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:Free: 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
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 127-20-026-F

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 11400.0
  • Insurance Expense: 700.0
  • Maintenance Expense: 300.0
  • Property Net Operating Income: 8170.0
  • Annual Operating Expense: 3230.0

Tax Info

  • Tax Annual Amount: 1030.0
  • Tax Book Number: 127.00
  • Tax Lot: 130

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/11/2016 07/11/16 Sold $184,900 0.0% $218 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $184,900 0.0% $218 / Sq Ft
06/16/2016 06/16/16 Price Changed $184,900 0.0% $218 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $184,900 -- $218 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,349 $9,984
2024 $1,283 $9,509
2023 $1,283 $37,660 $7,530 $30,130
2022 $1,233 $27,300 $5,460 $21,840
2021 $1,263 $25,770 $5,150 $20,620
2020 $1,232 $21,870 $4,370 $17,500
2019 $1,223 $17,530 $3,500 $14,030
2018 $1,198 $15,520 $3,100 $12,420
2017 $1,152 $13,380 $2,670 $10,710
2016 $1,107 $10,810 $2,160 $8,650
2015 $1,030 $9,380 $1,870 $7,510
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5443796

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-20-026F

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