NOT LISTED FOR SALE

4040 N Montgomery Cir Eloy, AZ 85131

Estimated Value: $282,000 - $361,000

6 Beds
3 Baths
500 Sq Ft
$632/Sq Ft Est. Value

Last Sold February 16, 2012

Last sale price $55,000 $110 Per Sq Ft

Est. 475% increase in value since last sale

Current estimated payment $1,839/month

2 Days on Market

Highlights

  • Cooling Available
  • Painted or Stained Flooring
  • Heat Pump System

About This Home

As of February 2012

Great investment property. Present owner has done all the work and you get all the benefits. All of the units have been repainted within the last year and two of the units have some new cabinets and kitchen fixtures. All measurements are approx. Buyer to verify all info

Last Agent to Sell the Property

Tim Haight

Pinal Realty & Property Management LLC License #BR556249000 Listed on: 01/23/2012

Last Buyer's Agent

Kenneth Easterly

Just Referrals Real Estate License #SA559400000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 2004

Lot Details

  • 8,843

Home Design

  • Wood Frame Construction
  • Composition Shingle Roof
  • Stucco

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Ceramic Tile

Schools

  • Toltec Elementary School
  • Casa Grande Union High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for trash collection, water

Community Details

Overview

  • $1,900 per year Dock Fee
  • 3 Units
  • Building Dimensions are 8789

Building Details

  • Insurance Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$921

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Tax Municipality: Eloy
  • Additionall Parcels: Yes
  • Appliances Included: BI Oven/Range, Disposal, Refrigerator
  • Construction Finish: Painted, Stucco
  • Cross Street: Shedd
  • Floors: Ceramic Tile
  • Legal Info Lot Number: 5
  • Legal Info Range: 07E
  • Legal Info Section: 23
  • Legal Info Township: 07S
  • Roads Streets: Dirt, Gravel
  • Property Type: F
  • Legal Description Abbrev: TOLTEC ARIZONA VALLEY
  • Marketing Name: Triplex
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 3.00
  • Map Code Grid: Y41
  • Year Built: 2004
  • Tax Year: 2010
  • Directions: Jimmie Kerr east from Toltec Rd to Estrella. North to Shedd. East one block to Montgomery. North to property
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Fire/Smoke Alarm(s)

Exterior Features

  • Roofing: Comp Shingle
  • Construction: Frame - Wood

Garage/Parking

  • Parking: 1 Space/Unit
  • Total Parking Spaces: 3.00

Utilities

  • Water: City Franchise
  • Electric: APS
  • Cooling: Electric
  • Heating: Electric, Heat Pump

Condo/Co-op/Association

  • Community Amenities: No Pool

Schools

  • Elementary School: Toltec Elementary School
  • High School: Casa Grande Union High School
  • Elementary School: Toltec Elementary School
  • High School: Casa Grande Union High School

Lot Info

  • Lot Size: 8789

Multi Family

  • Income And Expenses Annual Elec Exp: 100.00
  • Income And Expenses Annual Ins Exp: 600.00
  • Income And Expenses Annual Landscape Exp: 100.00
  • Income And Expenses Annual Maint Exp: 400.00
  • Income And Expenses Annual Trash Exp: 600.00
  • Income And Expenses Vacancy Allowance: 0.10
  • Number Of Two Bedroom Units: 3
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electric
  • Total Numberof Buildings: 1
  • Total Numberof Units: 3.00
  • Two Bedroom Units Avg Rent: 400.00
  • Two Bedroom Units Avg Sq Ft: 500
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 1900.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2021
Sold by
Phx Realty Investments Llc
Bought by
Ha Tuan
Total Days on Market
2
Current Estimated Value
$316,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Outstanding Balance
$168,053
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$158,578

Purchase Details

Closed on
Apr 29, 2019
Sold by
M & W Holdings Llc
Bought by
Phx Realty Investments Llc

Purchase Details

Listed on
Jan 23, 2012
Closed on
Feb 10, 2012
Sold by
Poulsen Mark O
Bought by
M & W Holdings Llc
Seller's Agent
Tim Haight
Pinal Realty & Property Management LLC
Buyer's Agent
Kenneth Easterly
Just Referrals Real Estate
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%

Purchase Details

Listed on
Jan 23, 2012
Closed on
Feb 9, 2012
Sold by
Poulsen Gretchen A
Bought by
Poulsen Mark
Seller's Agent
Tim Haight
Pinal Realty & Property Management LLC
Buyer's Agent
Kenneth Easterly
Just Referrals Real Estate
List Price
$55,000
Sold Price
$55,000

Purchase Details

Closed on
Jun 10, 2011
Sold by
Liu Winnie
Bought by
Cactus Wren Enterprises Llc

Purchase Details

Closed on
Feb 7, 2006
Sold by
Martin David
Bought by
Liu Winnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 3, 2006
Sold by
Tsai Patty
Bought by
Liu Winnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 15, 2005
Sold by
Valenti Victor
Bought by
Tsai Patty and Liu Winnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,700
Interest Rate
5.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 26, 2005
Sold by
E R Keith Properties Llc
Bought by
Valenti Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
6.62%
Mortgage Type
New Conventional
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
Ha Tuan $245,000 Security Title Agency
Phx Realty Investments Llc $136,225 Security Title Agency Inc
M & W Holdings Llc -- None Available
Poulsen Mark -- Great American Title
Poulsen Mark O $55,000 Great American Title
Cactus Wren Enterprises Llc $42,001 None Available
Liu Winnie -- Fidelity National Title Agen
Liu Winnie -- Fidelity National Title Agen
Tsai Patty $202,000 --
Valenti Victor $155,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ha Tuan $183,750
Previous Owner Liu Winnie $173,000
Previous Owner Tsai Patty $171,700
Previous Owner Valenti Victor $116,250
Closed Valenti Victor $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2012 02/16/12 Sold $55,000 0.0% $110 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $55,000 -- $110 / 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 $921 $17,392 -- --
2024 $894 $19,786 -- --
2023 $926 $14,240 $630 $13,610
2022 $894 $9,493 $370 $9,123
2021 $939 $9,022 $0 $0
2020 $912 $9,418 $0 $0
2019 $881 $7,412 $0 $0
2018 $865 $5,172 $0 $0
2017 $942 $5,459 $0 $0
2016 $1,011 $5,567 $500 $5,067
2014 -- $6,697 $500 $6,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4705350

Arizona Regional Multiple Listing Service (ARMLS)

APN: 404-06-005B