NOT LISTED FOR SALE

Estimated Value: $804,000 - $1,096,000

8 Beds
4 Baths
786 Sq Ft
$1,168/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $45,000 $57 Per Sq Ft

Est. 1,939% increase in value since last sale

Current estimated payment $4,859/month

12 Days on Market

About This Home

As of August 2012

It's another short sale by the team that gets them done! Phoenix Multi-family Mitigation Services (PMMS) Prefer cash offers as property may not qualify for financing. Windows are boarded up for protection. Units have ceramic tile throughout. Buyer to verify all items prior to close of escrow.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 04/26/2012

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

Lois Kaipainen

Income Property Shop License #SA567276000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,884

Parking

  • On-Street Parking

Home Design

  • Composition Shingle Roof
  • Block Exterior
  • Stucco

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Ceramic Tile
  • Vinyl

Utilities

  • Individual Gas Meter

Community Details

  • $686 per year Dock Fee
  • 4 Units
  • Building Dimensions are IRR

Listing and Financial Details

  • Tenant pays for cable TV, electric, gas
  • The owner pays for landscaping, sewer, trash collection, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

7,884 Sq Ft Lot

Listing Details

  • Tax Municipality: Phoenix
  • Construction Finish: Painted, Stucco
  • Cross Street: Loop 202/40th Street
  • Environmental: Super Fund/WQARF/DOD
  • Floors: Carpet, Ceramic Tile, Vinyl
  • Legal Info Lot Number: 21
  • Roads Streets: Asphalt
  • Property Type: F
  • Legal Description Abbrev: Whispering Sands
  • Marketing Name: Whispering Sands
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 4.00
  • Map Code Grid: Q36
  • Year Built: 1963
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished

Exterior Features

  • Roofing: Comp Shingle
  • Construction: Block

Garage/Parking

  • Parking: 1 Space/Unit, Street Parking
  • Total Parking Spaces: 4.00

Utilities

  • Water: City Franchise, Master Meter
  • Electric: Individual Meter, SRP
  • Gas: Individual Meter, SW Gas
  • Cooling: See Remarks
  • Heating: See Remarks

Condo/Co-op/Association

  • Community Amenities: No Pool

Lot Info

  • Lot Size: IRR

Multi Family

  • Income And Expenses Operating Exp: 686.00
  • Number Of Two Bedroom Units: 4
  • Owner Pays: Landscaping, Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electric, Gas
  • Total Numberof Buildings: 1
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Sq Ft: 786
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 686.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2012
Closed on
Aug 30, 2012
Sold by
Toledo Phillis
Bought by
Toledo Francisco
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$69,000
Sold Price
$45,000
Premium/Discount to List
-$24,000
-34.78%
Current Estimated Value
$917,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$872,667
Avg. Annual Appreciation
24.92%

Purchase Details

Listed on
Apr 26, 2012
Closed on
Aug 28, 2012
Sold by
Ramirez Braulio
Bought by
Toledo Francisco
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$69,000
Sold Price
$45,000
Premium/Discount to List
-$24,000
-34.78%

Purchase Details

Listed on
Apr 26, 2012
Closed on
Aug 27, 2012
Sold by
Soto Rosa
Bought by
Ramirez Braulio
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$69,000
Sold Price
$45,000
Premium/Discount to List
-$24,000
-34.78%

Purchase Details

Closed on
Jul 21, 2011
Sold by
Soto Rosa
Bought by
Ramirez Braulio

Purchase Details

Closed on
Mar 9, 2006
Sold by
Segura Martin and Segura Rosa M
Bought by
Ramirez Braulio and Soto Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
3.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 8, 2004
Sold by
Boldea Sorin Daniel
Bought by
Segura Martin and Segura Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,255
Interest Rate
5.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 15, 2002
Sold by
Camacho Sergio H and Camacho Rosalia
Bought by
Boldea Sorin Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
6.28%

Purchase Details

Closed on
May 1, 2000
Sold by
Glissendorf Richard E
Bought by
Camacho Sergio H and Camacho Rosalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.25%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Toledo Francisco -- Chicago Title Agencyi Nc
Toledo Francisco $45,000 Chicago Title Agency Inc
Ramirez Braulio -- Chicago Title Agency Inc
Ramirez Braulio -- None Available
Ramirez Braulio $230,000 Land Title Agency Of Az Inc
Segura Martin $210,000 Capital Title Agency Inc
Boldea Sorin Daniel $163,000 American Title Ins Agency Az
Camacho Sergio H $95,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Braulio $207,000
Previous Owner Segura Martin $145,255
Previous Owner Boldea Sorin Daniel $130,400
Previous Owner Camacho Sergio H $80,000
Closed Boldea Sorin Daniel $16,300
Closed Segura Martin $43,744
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $45,000 -34.8% $57 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $69,000 -- $88 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,009 $7,906 -- --
2024 $940 $7,530 -- --
2023 $940 $49,770 $9,950 $39,820
2022 $907 $32,460 $6,490 $25,970
2021 $922 $25,670 $5,130 $20,540
2020 $905 $21,180 $4,230 $16,950
2019 $901 $17,210 $3,440 $13,770
2018 $849 $15,270 $3,050 $12,220
2017 $813 $14,430 $2,880 $11,550
2016 $796 $8,400 $1,680 $6,720
2015 $747 $7,320 $1,460 $5,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4756450

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-20-023

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