NOT LISTED FOR SALE
5 Beds
3 Baths
2,100 Sq Ft
1940 Built

Sale Details

Date Sold: October 31, 2017

Last sale price $500,000 $238 Per Sq Ft

101 Days on Market

Highlights

  • Community Playground
  • Stone Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

As of October 2017

MODE Arcadia Casitas is a completely repositioned asset featuring two 2br/2bth detached homes with exceptional finishes and craftsmanship. Unit A features a 2 car carport along with a large backyard. Unit B features a wrap around private patio. 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

Chad Barber

Vestis Group Listed on: 05/03/2017

Last Buyer's Agent

Doug Underwood

HomeSmart License #SA574142000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,305

Year Built

  • Built in 1940

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Stone
  • Concrete

Parking

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 130
  • Assessor Parcel Number 127-20-026-C

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 104x102
  • East Citrus Acres Plat A Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $6,175
  • Gross Income $41,076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,305

Year Built

Built in 1940

Listing Details

  • Cross Street: 40th Street and Earll Dr
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: r3
  • Number Of Buildings: 2
  • Year Built: 1940
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Subdivision Name: EAST CITRUS ACRES PLAT A
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Stone, Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 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:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Heat Pump, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Annual Water Sewer Expense: 1700.0

Lot Info

  • Lot Size: 104x102
  • Additional Parcels: No
  • Parcel #: 127-20-026-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 41076.48
  • Insurance Expense: 600.0
  • Maintenance Expense: 720.0
  • Annual Operating Expense: 6175.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1305.0
  • Tax Book Number: 127.00
  • Tax Lot: 130

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Sep 7, 2017
Sold by
Litwin Group Iii Llc
Bought by
Seller's Agent
Chad Barber
Vestis Group
Buyer's Agent
Doug Underwood
HomeSmart
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2014
Closed on
Nov 24, 2014
Sold by
Fannie Mae
Bought by
Litwin Lance
Seller's Agent
Christian Broadwell
AZCO Properties, LLC
Buyer's Agent
Chad Barber
Fenix CRE
List Price
$165,800
Sold Price
$156,000
Premium/Discount to List
-$9,800
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.81%

Purchase Details

Closed on
Aug 28, 2014
Sold by
Mance Lynn and Mance Lynn M
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Aug 5, 2010
Sold by
Mance Lynn and Mance Lynn M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 2, 2005
Sold by
Mance Holt Lynn
Bought by
Mance Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
5.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 2004
Sold by
Mance Lynn and Mance Lynn Marie
Bought by
Mance Holt Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
5.76%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$500,000 Commonwealth Land Title Insu
Litwin Lance $156,000 Stewart Title & Trust Of Pho
Federal National Mortgage Association $309,956 Accommodation
Federal National Mortgage Association $304,241 First American Title
Mance Lynn M -- Commonwealth Title
Mance Holt Lynn -- Dhi Title Of Arizona Inc
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $250,000
Previous Owner Mance Lynn M $143,500
Previous Owner Mance Holt Lynn $105,300
Source: Public Records

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 Prior Sale
10/31/2017 10/31/17 Sold $500,000 -4.8% $238 / Sq Ft
09/16/2017 09/16/17 For Sale $525,000 0.0% $250 / Sq Ft
09/16/2017 09/16/17 Price Changed $525,000 0.0% $250 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $525,000 +236.5% $250 / Sq Ft
11/26/2014 11/26/14 Sold $156,000 -5.9% $74 / Sq Ft View Prior Sale
10/28/2014 10/28/14 Pending -- -- --
09/24/2014 09/24/14 For Sale $165,800 -- $79 / 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 $2,791 $20,667
2024 $2,656 $19,683
2023 $2,656 $65,760 $13,150 $52,610
2022 $2,552 $50,060 $10,010 $40,050
2021 $2,614 $50,280 $10,050 $40,230
2020 $2,550 $38,670 $7,730 $30,940
2019 $2,532 $22,770 $4,550 $18,220
2018 $2,480 $20,120 $4,020 $16,100
2017 $1,242 $14,380 $2,870 $11,510
2016 $1,305 $11,850 $2,370 $9,480
2015 $1,111 $10,030 $2,000 $8,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5599209

Arizona Regional Multiple Listing Service (ARMLS)
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