NOT LISTED FOR SALE

Estimated Value: $369,293 - $494,000

5 Beds
1 Bath
832 Sq Ft
$507/Sq Ft Est. Value

Sale Details

Date Sold: May 18, 2018

Last sale price $283,000 $340 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,485 / mo

172 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of May 2018

Available for immediate move-in, call to schedule a private showing today. Welcome to your new home in the heart of Phoenix! This incredible rental property offers not just one, but two completely remodeled detached houses on the same lot, making it a truly unique opportunity.

Why you'll love this rental:
- 2 Houses for the price of one.
-Rent for less than $750 per bedroom
- Huge lot 8500sq ft of space
-Front house 3/2, Back House 2/2
-Both houses completely remodeled and in great condition
-Each house has a private in unit laundry room
-Great location right next to major freeways and Downtown as well as the Biltmore and Arcadia area

A great rental in the Biltmore area near all major highways, and Arcadia's restaurants and bars. This is an awesome living situation for people looking to rent two houses on a private lot and have a shared yard and a ton of space to themselves. It's an amazing value compared to renting two apartments or a much larger house.

With a total of 5 bedrooms, 4 bathrooms, and over 2500 combined square feet, the possibilities are endless. The front unit features 3 bedrooms and 2 bathrooms, spanning 1300 square feet, while the back unit offers 2 bedrooms, 2 bathrooms, and an attached garage, all within 1150 square feet. Both houses have their own private in unit laundry room.

Imagine the flexibility this property provides. Utilize the back home as a versatile space for a home gym, office, or even a separate living area for multi-generational families. With two full-sized homes, you can comfortably accommodate everyone, granting each individual their own bedroom for an affordable price of under $800 per month.

Both homes have undergone complete remodeling, boasting modern amenities and separate in-unit laundry rooms with washers and dryers. Additionally, there is ample parking space with 6 available spots at the front of the property. The unique layout features a Gemini/twin home style, where the main house resides at the front in a traditional design, while the second home is positioned at the rear of the lot. A spacious courtyard separates the two homes, providing privacy and convenience. Each home has its own exterior access and entry points.

The back home offers a single-car detached garage, ideal for additional storage and utility needs.

Amenities abound in these renovated homes, including stainless steel appliances, tile and luxury vinyl plank flooring, granite countertops, and white shaker cabinets. The full bathrooms are adorned with luxury shower tiles, while each home features its own laundry room with an in-unit washer and dryer. Enjoy the comfort of double-pane energy-efficient windows and blinds on all windows. Dishwashers are included for added convenience.

The property offers a large shared common courtyard, as well as a front private courtyard, allowing for outdoor relaxation and entertainment. The lot size is huge at 8500sq ft.

Amazing location. 0.25 miles to the SR 51 Highway, 0.5 Miles to the 202 and I10 Freeways, 1 Mile to Trader Joe's and Whole Foods, 1.7 Miles to Biltmore Shopping Center.

As the tenant, you pay for all utilities, including water, sewer, and trash. However, the rent includes landscaping and pest control services. Please note that the City of Phoenix rental tax of 2.3% will be applied.

Upon approval from the owner, cats and small dogs under 50 lbs are allowed, with certain breed restrictions in place. An additional $250 pet deposit applies, but there's no extra pet rent.

To secure your new home, a refundable security deposit of $1500 is required, along with a non-refundable cleaning fee of $500. The total security deposit amounts to $2000.

Application Standards:
No prior eviction history
Credit Score of 650 or higher
Monthly Income 2.5x rent or higher. Current employment to be verified.
No felony or criminal tenant history
No large dog breeds over 50 lbs. All dogs and pets must be approved by owner

**No short-term rental, corporate lease, or Airbnb companies are allowed**

Last Agent to Sell the Property

Shirley Hucul

HomeSmart License #SA021173000 Listed on: 09/30/2017

HomeSmart

Co-Listed By

Jill Ryan

HomeSmart License #SA561691000

Last Buyer's Agent

BOOTs! Brian Bouterie

Realty Executives Arizona Territory License #SA042437000

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1958

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Loma Linda Elementary School
  • North High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number 119-28-124-A

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 123.79 x 62.24
  • Sub Of Nw4 Sec 27 2N 3E Subdivision

Building Details

  • Operating Expense $1,900
  • Net Operating Income $2,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,900

Year Built

Built in 1958

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Indian School and 20th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: SUB OF NW4 SEC 27 2N 3E
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Disposal, Dishwasher, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Add'l Parking Avail
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes

Schools

  • Elementary School: Loma Linda Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Loma Linda Elementary School

Lot Info

  • Lot Size: 123.79 x 62.24
  • Additional Parcels: No
  • Parcel #: 119-28-124-A

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Property Net Operating Income: 2200.0
  • Annual Operating Expense: 1900.0

Tax Info

  • Tax Annual Amount: 1900.0
  • Tax Book Number: 119.00
  • Tax Lot: C

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
Aug 15, 2023
Sold by
Bought by
Current Estimated Value
$422,073

Purchase Details

Listed on
Sep 30, 2017
Closed on
May 11, 2018
Sold by
Bought by
Seller's Agent
Shirley Hucul
HomeSmart
Buyer's Agent
BOOTs! Brian Bouterie
Realty Executives Arizona Territory
List Price
$299,900
Sold Price
$283,000
Premium/Discount to List
-$16,900
-5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$277,874
Interest Rate
0.0525%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
0.0557%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
0.071%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Pioneer Title Services
$283,000 Wfg National Title Insurance
-- Security Title Agency
-- Fidelity Title
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 $277,874
Previous Owner $79,500
Previous Owner $64,000
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
09/16/2024 09/16/24 For Rent $3,495 0.0% --
05/18/2018 05/18/18 Sold $283,000 -5.6% $340 / Sq Ft
05/07/2018 05/07/18 For Sale $299,900 0.0% $360 / Sq Ft
05/07/2018 05/07/18 Price Changed $299,900 0.0% $360 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
03/16/2018 03/16/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $299,900 +6.0% $360 / Sq Ft
02/13/2018 02/13/18 Off Market $283,000 -- --
02/12/2018 02/12/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $299,900 0.0% $360 / Sq Ft
01/28/2018 01/28/18 Pending -- -- --
01/12/2018 01/12/18 Price Changed $299,900 -1.7% $360 / Sq Ft
12/12/2017 12/12/17 Price Changed $305,000 -3.2% $367 / Sq Ft
09/30/2017 09/30/17 For Sale $315,000 -- $379 / 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 $2,225 $16,472
2024 $1,870 $15,688
2023 $1,870 $34,530 $6,900 $27,630
2022 $1,790 $25,400 $5,080 $20,320
2021 $1,857 $22,460 $4,490 $17,970
2020 $1,809 $20,330 $4,060 $16,270
2019 $2,018 $17,750 $3,550 $14,200
2018 $1,977 $16,250 $3,250 $13,000
2017 $1,900 $14,670 $2,930 $11,740
2016 $1,567 $11,430 $2,280 $9,150
2015 $1,172 $10,320 $2,060 $8,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5667445

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-28-124A

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