NOT LISTED FOR SALE
3 Beds
2 Baths
2,112 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: December 30, 2013

Last sale price $830,000 $393 Per Sq Ft

39 Days on Market

Highlights

  • Wood Flooring
  • Heated Community Pool
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Community Playground
  • Individual Controls for Heating

About This Home

As of December 2013

Fully renovated property. All new electrical, AC, plumbing, roofs, water heaters, parking, windows, landscaping, pool equipment, laundry, appliances, cabinets, counters, flooring and all cosmetic finishes. All work was done with city permits. Property is fully stabilized with the potential of 1 additional 2 bedroom unit on the property.

Last Agent to Sell the Property

Kyle Wyloge

Momentum Brokers LLC License #SA573615000 Listed on: 10/18/2013

Last Buyer's Agent

Carla Cericola

Iannelli and Associates License #BR024782000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 1960

Lot Details

  • 0.32

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco
  • Adobe

Interior Spaces

  • Ceiling Fan
  • Wood Flooring

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Separate Meters

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, landscaping, pool/spa maintenance
  • Tax Lot 160
  • Assessor Parcel Number 127-21-051

Community Details

Overview

  • 7 Buildings
  • 12 Units
  • Building Dimensions are 30900

Recreation

  • Community Playground
  • Heated Community Pool

Building Details

  • Operating Expense $20,753
  • Gross Income $96,768
  • Net Operating Income $76,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,925

Year Built

Built in 1960

Lot Details

0.32 Acres

Listing Details

  • Cross Street: Thomas & 40th Street
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 7
  • Year Built: 1960
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Stucco, Adobe, Block
  • Roof: Tile, Foam
  • Construction:Block: Yes
  • Construction:Adobe: Yes

Garage/Parking

  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Street Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Play Area, Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Trash Expense: 864.0
  • Annual Water Sewer Expense: 2016.0

Lot Info

  • Lot Size: 30900
  • Additional Parcels: No
  • Parcel #: 127-21-051

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Cable TV
  • Number Of Units Total: 12
  • Electric Expense: 1620.0
  • Annual Gross Income: 96768.0
  • Insurance Expense: 3588.0
  • Maintenance Expense: 1260.0
  • Property Net Operating Income: 76740.0
  • Annual Operating Expense: 20753.0

Tax Info

  • Tax Annual Amount: 1925.0
  • Tax Book Number: 127.00
  • Tax Lot: 160

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

Closed on
Jul 17, 2014
Sold by
Freeman Mark Howard and The Mark Howard Freeman Trust
Bought by

Purchase Details

Listed on
Oct 18, 2013
Closed on
Dec 28, 2013
Sold by
40 East Llc
Bought by
Freeman Mark Howard and The Mark Howard Freeman Trust
Seller's Agent
Kyle Wyloge
Momentum Brokers LLC
Buyer's Agent
Carla Cericola
Iannelli and Associates
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%

Purchase Details

Listed on
Mar 14, 2012
Closed on
May 17, 2012
Sold by
Pathfinder Studio 40 Llc
Bought by
40 East Llc
Seller's Agent
Herbert Budwig
Realty ONE Group
Buyer's Agent
Kyle Wyloge
Momentum Brokers LLC
List Price
$320,000
Sold Price
$267,500
Premium/Discount to List
-$52,500
-16.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.16%

Purchase Details

Closed on
Nov 9, 2009
Sold by
Pathfinder Homes Llc
Bought by
Pathfinder Studio 40 Llc

Purchase Details

Closed on
May 27, 2009
Sold by
Bayview Loan Servicing Llc
Bought by
Pathfinder Homes Llc

Purchase Details

Closed on
Jan 8, 2009
Sold by
Deal Sheila and Welch Sebastrian
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Sep 24, 1998
Sold by
Aria Investments Inc
Bought by
Williams Birdie M and Williams Inez

Purchase Details

Closed on
Oct 11, 1995
Sold by
Shojaee Mortesa and Shojaee Zaman C
Bought by
Aria Investments Inc

Purchase Details

Closed on
Aug 31, 1995
Sold by
Partian Investment Corp
Bought by
Shojaee Morteza and Shojaee Zaman C

Purchase Details

Closed on
Aug 4, 1994
Sold by
Coker Shawn
Bought by
Partian Investment Corp

Purchase Details

Closed on
Jun 8, 1994
Sold by
Metropolitan Mtg & Securities Co Inc
Bought by
Western United Life Assurance Company
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
-- None Available
Freeman Mark Howard $830,000 Fidelity National Title Agen
40 East Llc $267,500 Fidelity Natl Title Agency I
Pathfinder Studio 40 Llc -- None Available
Pathfinder Homes Llc $240,000 Dhi Title Of Arizona Inc
Bayview Loan Servicing Llc $595,000 None Available
Williams Birdie M $280,000 Security Title Agency
Aria Investments Inc -- --
Shojaee Morteza $228,423 First American Title
Partian Investment Corp $195,000 Fidelity Title
Western United Life Assurance Company -- Security Title Agency
Coker Shawn $160,000 Security Title Agency
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 $546,000
Previous Owner Williams Birdie M $28,000
Previous Owner Williams Birdie M $395,000
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
12/30/2013 12/30/13 Sold $830,000 -2.4% $393 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
10/18/2013 10/18/13 For Sale $850,000 +217.8% $402 / Sq Ft
05/18/2012 05/18/12 Sold $267,500 -16.4% $619 / Sq Ft View Prior Sale
04/17/2012 04/17/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $320,000 -- $741 / 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 $8,142 $60,280
2024 $7,746 $57,410
2023 $7,746 $186,420 $37,280 $149,140
2022 $7,442 $154,180 $30,830 $123,350
2021 $7,624 $162,730 $32,540 $130,190
2020 $7,438 $116,930 $23,380 $93,550
2019 $7,386 $77,620 $15,520 $62,100
2018 $7,234 $65,520 $13,100 $52,420
2017 $6,954 $54,400 $10,880 $43,520
2016 $3,327 $43,470 $8,690 $34,780
2015 $3,095 $38,260 $7,650 $30,610
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5016932

Arizona Regional Multiple Listing Service (ARMLS)
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