NOT LISTED FOR SALE

Estimated Value: $719,565 - $1,053,000

-- Bed
4 Baths
786 Sq Ft
$1,153/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $535,500 $681 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,149/month

109 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of December 2020

All units are rented, Tenant pays for all Gas and Electric, Owner pays for Water service, all units Individually meter

Last Agent to Sell the Property

Lazaro Sandoval

Citicasa Realty, LLC License #BR515413000 Listed on: 06/25/2020

Co-Listed By

Ylse Hernandez

Citicasa Realty, LLC License #SA583195000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $899

Year Built

  • Built in 1963

Lot Details

  • 7,710

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

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

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 39
  • Assessor Parcel Number 125-20-041

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Whispering Sands Subdivision

Building Details

  • Operating Expense $6,759
  • Gross Income $34,770
  • Net Operating Income $29,890

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$899

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 40th street and McDowell
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2019
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Co List Office Mls Id: ccrt01
  • Co List Office Phone: 602-570-2295
  • Subdivision Name: WHISPERING SANDS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit, 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: APS
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 3360.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 125-20-041

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 34770.0
  • Insurance Expense: 1300.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 29890.0
  • Annual Operating Expense: 6759.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 899.0
  • Tax Book Number: 125.00
  • Tax Lot: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Dec 3, 2020
Sold by
Hurtado Griselda
Bought by
8A Properties Llc
Seller's Agent
Lazaro Sandoval
Citicasa Realty, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$549,900
Sold Price
$535,500
Premium/Discount to List
-$14,400
-2.62%
Total Days on Market
109
Current Estimated Value
$906,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,141
Avg. Annual Appreciation
12.35%
Original Mortgage
$401,625
Outstanding Balance
$367,527
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$539,114

Purchase Details

Closed on
Nov 25, 2014
Sold by
Montejano Jorge Reyes
Bought by
Hurtado Griselda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,282
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2008
Sold by
Citibank Na
Bought by
Khera Ibrahim M

Purchase Details

Closed on
Dec 4, 2008
Sold by
Khera Naheed Siddique
Bought by
Khera Ibrahim M

Purchase Details

Closed on
Mar 19, 2008
Sold by
Gray Stephanie L
Bought by
Citibank Na and Structured Asset Mortgage Investments Ii

Purchase Details

Closed on
Oct 2, 2006
Sold by
Riley Reginald
Bought by
Gray Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,150
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2006
Sold by
Good Neighbor Llc
Bought by
Gray Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,150
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2004
Sold by
Nagle Christian J
Bought by
Good Neigbor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 25, 2004
Sold by
Boanca Daniel
Bought by
Nagle Christian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 29, 2004
Sold by
Nagle Casi Marie
Bought by
Nagle Christian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2003
Sold by
Boanca Claudia
Bought by
Boanca Daniel

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
5.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 3, 1996
Sold by
Beltran Investments Ltd
Bought by
Rios William A and Rios Elsa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,800
Interest Rate
7.14%
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
8A Properties Llc $535,500 Wfg National Title Ins Co
Hurtado Griselda -- Stewart Title & Trust Of Pho
Hurtado Griselda $149,999 Stewart Title & Trust Of Pho
Khera Ibrahim M $51,500 First American Title Ins Co
Khera Ibrahim M -- First American Title Ins Co
Citibank Na $222,976 None Available
Gray Stephanie L -- Grand Canyon Title Agency In
Gray Stephanie L $274,900 Grand Canyon Title Agency In
Good Neigbor Llc -- --
Nagle Christian J $216,000 Capital Title Agency Inc
Nagle Christian J -- Capital Title Agency Inc
Boanca Daniel -- American Title Ins Agency Az
Boanca Daniel $165,000 American Title Ins Agency Az
Rios William A -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8A Properties Llc $401,625
Previous Owner Hurtado Griselda $147,282
Previous Owner Gray Stephanie L $206,150
Previous Owner Gray Stephanie L $54,950
Previous Owner Nagle Christian J $32,400
Previous Owner Nagle Christian J $172,800
Previous Owner Nagle Christian J $172,800
Previous Owner Boanca Daniel $25,000
Previous Owner Boanca Daniel $123,750
Previous Owner Rios William A $45,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $535,500 -2.3% $681 / Sq Ft
10/05/2020 10/05/20 Price Changed $547,900 -0.2% $697 / Sq Ft
08/10/2020 08/10/20 Price Changed $548,900 -0.2% $698 / Sq Ft
06/25/2020 06/25/20 For Sale $549,900 -- $700 / 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 $947 $7,885 -- --
2024 $938 $7,509 -- --
2023 $938 $49,630 $9,920 $39,710
2022 $904 $32,370 $6,470 $25,900
2021 $919 $25,580 $5,110 $20,470
2020 $902 $21,110 $4,220 $16,890
2019 $899 $17,170 $3,430 $13,740
2018 $847 $15,250 $3,050 $12,200
2017 $811 $14,410 $2,880 $11,530
2016 $794 $8,380 $1,670 $6,710
2015 $745 $7,310 $1,460 $5,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6095272

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-20-041