NOT LISTED FOR SALE

Estimated Value: $703,413

-- Bed
-- Bath
1,800 Sq Ft
$391/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $259,500 $144 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $4,027/month

8 Days on Market

Highlights

  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of December 2016

Prime, unbeatable uptown real estate - best location in the MLS! Boasting a quaint English-Cottage vibe, this charming, fully occupied 1952 triplex is ideally located: A four-minute walk to Central Ave's Light Rail station (and downtown), close to Indian School, 7th Ave, SR 51. $70,000 of upgrades since 2011, and it shows! Energy efficient windows. Units renovated with gorgeous brand new, high-end kitchens. Sleek bathrooms with new toilets, showers, fixtures, and operable windows. Elsewhere, new light fixtures & ceiling fans throughout, freshly painted... the works! Electrical also upgraded. Outside curb appeal is part desert landscaping, part green grass. All 3 units have good-sized private enclosed backyards, and paved alley parking. Interior photos of unit 1

Last Agent to Sell the Property

Jack McKenley

HomeSmart License #SA657442000 Listed on: 10/17/2016

Last Buyer's Agent

Jennifer Hibbard

Twins & Co. Realty, LLC License #BR531556000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1952

Lot Details

  • 6,708

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Osborn Middle Elementary School
  • Union Elementary Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 59
  • Assessor Parcel Number 155-32-059

Community Details

Overview

  • 3 Units
  • Building Dimensions are 6720
  • Indian Park Subdivision

Building Details

  • Operating Expense $9,071
  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,071

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: 3Rd Ave and Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1952
  • Tax Year: 2016
  • Directions: Indian School Rd to 3rd Ave at light and Go North. Property is first unit on W. Side of 3rd ave.
  • Road Surface Type: Asphalt, Sidewalk(s), Alley
  • Subdivision Name: INDIAN PARK
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

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

Garage/Parking

  • 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:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Individual, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Individual, Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Osborn Middle School
  • High School: Central High School
  • Middle Or Junior School: Union Elementary School

Lot Info

  • Lot Size: 6720
  • Additional Parcels: No
  • Parcel #: 155-32-059

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 23400.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 3600.0
  • Annual Operating Expense: 9071.0

Tax Info

  • Tax Annual Amount: 1071.0
  • Tax Book Number: 155.00
  • Tax Lot: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2016
Closed on
Nov 29, 2016
Sold by
Wells Bruce A
Bought by
Mills Holdings Llc
Seller's Agent
Jack McKenley
HomeSmart
Buyer's Agent
Jennifer Hibbard
Twins & Co. Realty, LLC
List Price
$269,900
Sold Price
$259,500
Premium/Discount to List
-$10,400
-3.85%
Total Days on Market
8
Current Estimated Value
$703,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,913
Avg. Annual Appreciation
12.40%
Original Mortgage
$193,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2011
Sold by
Schecter James M
Bought by
Du Coeur Enterprises Llc

Purchase Details

Closed on
Apr 25, 2011
Sold by
Jevan Capital Pllc
Bought by
Schecter James M

Purchase Details

Closed on
Apr 20, 2010
Sold by
Du Coeur Eterprises Llc
Bought by
Wells Bruce A

Purchase Details

Closed on
Nov 2, 2009
Sold by
Capri Frank
Bought by
Jevan Capital Pllc

Purchase Details

Closed on
May 9, 2005
Sold by
Phoenix Venture Capital Llc
Bought by
Capri Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
5.72%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 18, 2002
Sold by
Hutchison Steven and Hutchison Harriet K
Bought by
Phoenix Venture Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,350
Interest Rate
6.03%

Purchase Details

Closed on
Nov 25, 2002
Sold by
Phoenix Venture Capital Llc
Bought by
Hutchison Steven and Hutchison Harriet K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,350
Interest Rate
6.03%

Purchase Details

Closed on
Mar 30, 2000
Sold by
Hutchison Harriet Rohde and Hutchison Steven
Bought by
Rohde Harriet Kandy and Rohde Dana Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
8.5%

Purchase Details

Closed on
Jan 11, 2000
Sold by
Carmody Tom
Bought by
Rohde Harriet Kandy

Purchase Details

Closed on
Sep 5, 1999
Sold by
Hudak Mitchell J
Bought by
Carmody Tom

Purchase Details

Closed on
Jul 22, 1997
Sold by
Garvey James P and Garvey Sandra L
Bought by
Yule Larry
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
Mills Holdings Llc $258,000 Magnus Title Agency Llc
Du Coeur Enterprises Llc -- Accommodation
Schecter James M $94,000 Grand Cyn Title Agency Inc
Wells Bruce A $172,750 Magnus Title Agency
Jevan Capital Pllc $63,400 None Available
Capri Frank $157,000 Old Republic Title Agency
Phoenix Venture Capital Llc -- --
Hutchison Steven -- Old Republic Title Agency
Rohde Harriet Kandy -- Century Title Agency
Hutchison Harriet Rohde -- Century Title Agency
Rohde Harriet Kandy $98,000 Grand Canyon Title Agency In
Carmody Tom -- Grand Canyon Title Agency In
Yule Larry $175,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Holdings Llc $295,000
Closed Mills Holdings Llc $193,500
Previous Owner Capri Frank $207,750
Previous Owner Capri Frank $0
Previous Owner Capri Frank $125,600
Previous Owner Hutchison Steven $75,350
Previous Owner Hutchison Harriet Rohde $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2016 12/08/16 Sold $259,500 -3.9% $144 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $269,900 0.0% $150 / Sq Ft
11/23/2015 11/23/15 Rented $650 0.0% --
11/06/2015 11/06/15 Under Contract -- -- --
11/02/2015 11/02/15 For Rent $650 0.0% --
10/05/2015 10/05/15 Rented $650 0.0% --
09/25/2015 09/25/15 For Rent $650 0.0% --
06/06/2013 06/06/13 Sold $172,750 -15.1% $96 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $203,500 -- $113 / 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 $1,158 $9,231 -- --
2024 $1,119 $8,792 -- --
2023 $1,119 $38,220 $7,640 $30,580
2022 $1,113 $31,870 $6,370 $25,500
2021 $1,132 $29,570 $5,910 $23,660
2020 $1,103 $24,400 $4,880 $19,520
2019 $1,055 $17,550 $3,510 $14,040
2018 $1,020 $15,270 $3,050 $12,220
2017 $937 $14,250 $2,850 $11,400
2016 $904 $10,710 $2,140 $8,570
2015 $840 $8,450 $1,690 $6,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5512508

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-32-059