NOT LISTED FOR SALE

Estimated Value: $669,000 - $1,048,000

-- Bed
4 Baths
980 Sq Ft
$885/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $85,000 $87 Per Sq Ft

Est. 920% increase in value since last sale

Current estimated payment $4,678/month

105 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • No Heating
  • Phoenix Coding Academy Rated A

About This Home

As of February 2014

GREAT INVESTMENT! SOLD AS IS. Don't miss out on this one. Priced to sell quickly. Need of some TLC but will be well worth it. Close to freeways, dining and entertainment. Looking for a quick close

Last Agent to Sell the Property

Ophelia Mougel

West USA Realty License #SA532063000 Listed on: 10/21/2013

Last Buyer's Agent

John Bell

West USA Realty License #BR537671000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 1970

Lot Details

  • 7,710

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking

Schools

  • Phoenix Union Bioscience High Middle School
  • Phoenix Union Bioscience High School

Utilities

  • Evaporated cooling system
  • No Heating

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water
  • Tax Lot 33
  • Assessor Parcel Number 125-20-035

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7,708
  • Whispering Sands Subdivision

Building Details

  • Operating Expense $2,012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,012

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: 40th St & McDowell
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: M-H/MULTI FAMIL
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 579
  • Directions: South on 40th St, left on Belleview st, first right on 40th st. Left on Moreland st.
  • Road Surface Type: Gravel, Dirt, Private Street
  • Subdivision Name: Whispering Sands
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • High School: Phoenix Union Bioscience High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Union Bioscience High School

Lot Info

  • Lot Size: 7,708
  • Additional Parcels: No
  • Parcel #: 125-20-035

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 2012.0

Tax Info

  • Tax Annual Amount: 2012.0
  • Tax Book Number: 125.00
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Holmberg Matthew
Bought by
Ochoa Maria E and The Ochoa Family Revocable Tru
Current Estimated Value
$867,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,435,015
Interest Rate
2.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$568,015

Purchase Details

Closed on
Dec 8, 2020
Sold by
4102 E Porland St Llc
Bought by
Holmberg Matthew

Purchase Details

Closed on
Apr 27, 2016
Sold by
Hb Moreland Llc
Bought by
4027 E Moreland St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2014
Sold by
Pinpoint Investments Llc
Bought by
Hb Moreland Llc

Purchase Details

Closed on
Oct 29, 2014
Sold by
Bell John Patrick and Bell Laura Sibley
Bought by
Pinpoint Investments Llc

Purchase Details

Listed on
Oct 21, 2013
Closed on
Feb 20, 2014
Sold by
Pinpoint Investments Llc
Bought by
Bell John Patrick and Bell Laura Sibley
Seller's Agent
Ophelia Mougel
West USA Realty
Buyer's Agent
John Bell
West USA Realty
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.08%

Purchase Details

Listed on
Oct 21, 2013
Closed on
Feb 13, 2014
Sold by
Gove Usa Home Llc
Bought by
Pinpoint Investments Llc
Seller's Agent
Ophelia Mougel
West USA Realty
Buyer's Agent
John Bell
West USA Realty
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%

Purchase Details

Closed on
Aug 16, 2011
Sold by
J & J Real Estate Holding Llc
Bought by
Gove Usa Home Llc

Purchase Details

Closed on
Mar 30, 2010
Sold by
U Fixem Properites Llc
Bought by
J & J Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2010
Sold by
Citibank Na
Bought by
Tomasian Kenny P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2010
Sold by
Chao Chen Chung and Chao Da Chia
Bought by
Citibank Na

Purchase Details

Closed on
Apr 6, 2006
Sold by
Martin Jeffrey and Martin Leigh
Bought by
Chao Chen Chung and Chao Da Chia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,600
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2005
Sold by
Emslie Robert and Emslie Bonny
Bought by
Martin Jeffrey and Martin Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.02%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 16, 2004
Sold by
Wolin Gore Denise
Bought by
Emslie Robert and Emslie Bonny

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
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2003
Sold by
Gore Joseph Wayne
Bought by
Wolin Gore Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2003
Sold by
Pescador Pablo R and Pescador Candelaria A
Bought by
Ianc Florin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 2003
Sold by
Ianc Alina
Bought by
Ianc Florin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 7, 1998
Sold by
Beltran Frank and Beltran Carmen
Bought by
Pescador Pablo R and Pescador Candelaria A

Purchase Details

Closed on
Feb 14, 1995
Sold by
Hobson Carlos H
Bought by
Beltran Frank and Beltran Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
9.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 9, 1995
Sold by
Tate William A
Bought by
Hobson Carlos H and Carlos H Hobson & Linda K Hobson Income

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
9.23%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ochoa Maria E $2,286,000 Wfg National Title
Holmberg Matthew $2,680,000 Chicago Title Agency
4027 E Moreland St Llc $180,000 Chicago Title Agency
Hb Moreland Llc $100,000 Old Republic Title Agency
Pinpoint Investments Llc -- None Available
Bell John Patrick -- Accommodation
Pinpoint Investments Llc $78,000 Security Title Agency
Gove Usa Home Llc $98,500 Chicago Title
J & J Real Estate Holdings Llc $50,500 Chicago Title
U Fixem Properties Llc -- Chicago Title
Tomasian Kenny P $42,000 Chicago Title
Citibank Na $231,093 None Available
Chao Chen Chung $269,500 Land Title Agency Of Az Inc
Martin Jeffrey $255,000 Land Title Agency Of Az Inc
Emslie Robert $233,500 Land Title Agency Of Az Inc
Wolin Gore Denise -- Capital Title Agency Inc
Wolin Gore Denise $205,000 Capital Title Agency Inc
Ianc Florin $167,500 Land Title Agency Of Az Inc
Ianc Florin -- Land Title Agency Of Az Inc
Pescador Pablo R $65,000 Capital Title Agency
Beltran Frank $42,000 --
Hobson Carlos H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Maria E $1,600,000
Previous Owner 4027 E Moreland St Llc $144,000
Previous Owner J & J Real Estate Holdings Llc $27,000
Previous Owner Chao Chen Chung $215,600
Previous Owner Martin Jeffrey $204,000
Previous Owner Emslie Robert $163,450
Previous Owner Wolin Gore Denise $194,750
Previous Owner Ianc Florin $25,000
Previous Owner Ianc Florin $125,625
Previous Owner Beltran Frank $42,000
Closed Emslie Robert $46,700
Closed Martin Jeffrey $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $85,000 -15.0% $87 / Sq Ft
02/03/2014 02/03/14 Pending -- -- --
10/21/2013 10/21/13 For Sale $100,000 -- $102 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $978 $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: 5018530

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-20-035