NOT LISTED FOR SALE
2 Beds
2 Baths
925 Sq Ft
0.38 Acre Lot

Sale Details

Date Sold: December 22, 2017

Last sale price $1,700,000 $1,838 Per Sq Ft

181 Days on Market

Highlights

  • Cooling Available
  • Hopi Elementary School Rated A
  • Heating Available

About This Home

As of December 2017

What an opportunity! - A completely renovated apartment complex in the prestigious Arcadia District of Phoenix! The complex has completely renovated interior units, including floors, fixtures, appliances, cabinets, etc., and a renovated exterior, including all new windows and a newer roof. There are simply no investment opportunities of this caliber in this highly sought after neighborhood. It has a great mix of units, including one 3-bedroom/1.5-bath, three 2-bedroom/1.5-baths, and six 1-bedroom/1-bath units. Achieved rents are outstanding!

Last Agent to Sell the Property

Terry Kass

Coldwell Banker Commercial Realty License #BR503783000 Listed on: 04/25/2017

Coldwell Banker Commercial Realty

Co-Listed By

Mark Skelpsa

HomeSmart Realty License #SA642313000

Last Buyer's Agent

Shamile Botzman

Premier Agent Network License #SA633919000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,450

Year Built

  • Built in 1960

Lot Details

  • 0.38

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 10 Parking Spaces
  • 10 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 171-42-102

Community Details

Overview

  • 10 Units
  • Building Dimensions are unknown
  • Lot 3 Indian Estates Mcr 007741 Subdivision

Building Details

  • Operating Expense $3,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,450

Year Built

Built in 1960

Lot Details

0.38 Acres

Listing Details

  • Cross Street: 44th Street & Indian School
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1960
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: gpci01
  • Co List Office Phone: 602-703-5277
  • Subdivision Name: LOT 3 INDIAN ESTATES MCR 007741
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: unknown
  • Additional Parcels: No
  • Parcel #: 171-42-102

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 10
  • Annual Operating Expense: 3450.0

Tax Info

  • Tax Annual Amount: 3450.0
  • Tax Book Number: 171.00
  • Tax Lot: 3

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

Closed on
Nov 17, 2025
Sold by
Bought by

Purchase Details

Closed on
Oct 26, 2022
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
$1,785,000
Interest Rate
5.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2017
Closed on
Dec 19, 2017
Sold by
Bought by
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Shamile Botzman
Premier Agent Network
List Price
$1,890,000
Sold Price
$1,700,000
Premium/Discount to List
-$190,000
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,105,000
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 12, 2016
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
$900,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2000
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,605,000 Chicago Title Agency
$2,550,000 Thomas Title & Escrow Llc
$1,700,000 Lawyers Title Of Arizona Inc
$1,000,000 Pioneer Title Agency Inc
-- --
$377,000 Old Republic Title Agency
$320,000 Ati Title Company
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
Closed $1,785,000
Previous Owner $1,105,000
Previous Owner $900,000
Previous Owner $1,200,000
Previous Owner $1,212,000
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
12/22/2017 12/22/17 Sold $1,700,000 -10.1% $1,838 / Sq Ft
11/01/2017 11/01/17 For Sale $1,890,000 +145845.9% $2,043 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
10/19/2017 10/19/17 Pending -- -- --
06/01/2017 06/01/17 Rented $1,295 -99.9% --
05/18/2017 05/18/17 Under Contract -- -- --
04/22/2017 04/22/17 For Sale $1,890,000 0.0% $2,043 / Sq Ft
02/09/2017 02/09/17 For Rent $1,295 -- --
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 $4,344 $52,790
2024 $4,066 $50,276
2023 $4,066 $186,010 $37,200 $148,810
2022 $3,899 $129,600 $25,920 $103,680
2021 $4,042 $119,480 $23,890 $95,590
2020 $3,982 $108,710 $21,740 $86,970
2019 $3,833 $76,910 $15,380 $61,530
2018 $3,686 $57,080 $11,410 $45,670
2017 $3,541 $51,950 $10,390 $41,560
2016 $3,450 $51,750 $10,350 $41,400
2015 $3,162 $51,520 $10,300 $41,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5595449

Arizona Regional Multiple Listing Service (ARMLS)
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