NOT LISTED FOR SALE

Estimated Value: $889,000 - $1,049,000

8 Beds
-- Bath
3,200 Sq Ft
$296/Sq Ft Est. Value

Sale Details

Date Sold: April 18, 2022

Last sale price $975,000 $305 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,287 / mo

3 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of April 2022

Adjacent to the thriving 44th Street Office Corridor and rapidly growing commercial and employment centers - and approximately 2 miles from Sky Harbor International Airport - this fully leased building includes 4 units, each 2 bed/1 bath and individually metered. All units have private patios and are recently renovated between 2020 and 2022. Upgrades included exterior and interior paint, windows, roof, electrical and electrical panels, appliances, AC units and ductwork, plumbing, insulation, drywall, backsplash, executive closets and fans. Growth in the immediate area includes the proposed 2 million square foot QST Data Center and 1 million square foot Skyway 202 Business Park.

Last Agent to Sell the Property

Sandra Gutierrez

HomeSmart License #SA627990000 Listed on: 03/12/2022

HomeSmart

Last Buyer's Agent

Alex Molleo

The Brokery License #SA687675000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $950

Year Built

  • Built in 1970

Lot Details

  • 7,710

Home Design

  • Built-Up Roof
  • Block Exterior

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot 32
  • Assessor Parcel Number 125-20-034

Community Details

Overview

  • 4 Units
  • Building Dimensions are 82' x 94'
  • Whispering Sands Subdivision

Building Details

  • Operating Expense $4,840
  • Gross Income $64,911
  • Net Operating Income $60,072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$950

Year Built

Built in 1970

Lot Details

7,710 Sq Ft Lot

Listing Details

  • Cross Street: MCDOWELL & 40TH ST
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: WHISPERING SANDS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other, >1 Space Per Unit, On Street
  • 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
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Fee Information

  • Annual Water Sewer Expense: 2640.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 82' x 94'
  • Additional Parcels: No
  • Parcel #: 125-20-034

Multi Family

  • Owner Pays: Other, See Remarks, Trash Collection, Water
  • Number Of Units Total: 4
  • Annual Gross Income: 64911.0
  • Insurance Expense: 1250.0
  • Property Net Operating Income: 60072.0
  • Annual Operating Expense: 4840.0

Tax Info

  • Tax Annual Amount: 950.0
  • Tax Book Number: 125.00
  • Tax Lot: 32

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
Mar 12, 2022
Closed on
Apr 7, 2022
Sold by
Bought by
Seller's Agent
Sandra Gutierrez
HomeSmart
Buyer's Agent
Alex Molleo
The Brokery
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%
Current Estimated Value
$947,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,938
Avg. Annual Appreciation
-0.68%
Original Mortgage
$693,750
Interest Rate
0.0376%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2021
Closed on
Dec 28, 2021
Sold by
Bought by
Seller's Agent
Shamile Botzman
Premier Agent Network
Buyer's Agent
Katie Foskett
HomeSmart
List Price
$799,000
Sold Price
$805,000
Premium/Discount to List
$6,000
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.57%

Purchase Details

Listed on
Sep 28, 2021
Closed on
Nov 29, 2021
Sold by
Bought by
Seller's Agent
Shamile Botzman
Premier Agent Network
Buyer's Agent
Katie Foskett
HomeSmart
List Price
$799,000
Sold Price
$805,000
Premium/Discount to List
$6,000
0.75%

Purchase Details

Listed on
May 22, 2019
Closed on
Jun 28, 2019
Sold by
Bought by
Seller's Agent
Nicholas Neslund
Lee & Associates
Buyer's Agent
Nicholas Neslund
Lee & Associates
List Price
$599,000
Sold Price
$582,000
Premium/Discount to List
-$17,000
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.34%
Original Mortgage
$431,250
Interest Rate
0.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 2011
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
$32,000
Interest Rate
0.0463%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2006
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
$26,950
Interest Rate
0.0646%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 12, 2005
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
$25,500
Interest Rate
0.0584%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 16, 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
$163,450
Interest Rate
0.0575%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 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
$184,500
Interest Rate
0.0581%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 24, 2003
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
$184,500
Interest Rate
0.0662%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2003
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
$125,625
Interest Rate
0.0795%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2003
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
$125,625
Interest Rate
0.0795%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 12, 1994
Sold by
Bought by

Purchase Details

Closed on
Jul 5, 1994
Sold by
Bought by
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
$975,000 Great American Title
-- None Available
$805,000 Great American Ttl Agcy Inc
$582,000 Great American Ttl Agcy Inc
-- None Available
$40,000 Chicago Title
$269,500 Land Title Agency Of Az Inc
$255,000 Land Title Agency Of Az Inc
$233,500 Land Title Agency Of Az Inc
-- --
$200,000 Capital Title Agency Inc
-- Capital Title Agency Inc
$167,500 American Title Ins Agency Az
-- American Title Ins Agency Az
$260,000 Capital Title Agency
-- --
$45,500 Old Republic 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
Open $693,750
Previous Owner $440,000
Previous Owner $431,250
Previous Owner $256,900
Previous Owner $32,000
Previous Owner $26,950
Previous Owner $215,600
Previous Owner $25,500
Previous Owner $204,000
Previous Owner $163,450
Previous Owner $184,500
Previous Owner $184,500
Previous Owner $125,625
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
04/18/2022 04/18/22 Sold $975,000 -2.5% $305 / Sq Ft
03/12/2022 03/12/22 For Sale $1,000,000 +24.2% $313 / Sq Ft
12/01/2021 12/01/21 Sold $805,000 -0.6% $252 / Sq Ft View Prior Sale
11/18/2021 11/18/21 Pending -- -- --
11/16/2021 11/16/21 Price Changed $809,900 +1.4% $253 / Sq Ft
09/28/2021 09/28/21 For Sale $799,000 +37.3% $250 / Sq Ft
07/01/2019 07/01/19 Sold $582,000 -2.8% $182 / Sq Ft View Prior Sale
06/19/2019 06/19/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $599,000 -- $187 / 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 $1,039 $8,145
2024 $969 $7,758
2023 $969 $50,510 $10,100 $40,410
2022 $934 $32,880 $6,570 $26,310
2021 $950 $25,950 $5,190 $20,760
2020 $932 $21,560 $4,310 $17,250
2019 $929 $17,580 $3,510 $14,070
2018 $875 $15,620 $3,120 $12,500
2017 $838 $14,770 $2,950 $11,820
2016 $820 $8,620 $1,720 $6,900
2015 $769 $7,500 $1,500 $6,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6367874

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-20-034

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