NOT LISTED FOR SALE

Estimated Value: $483,335 - $1,258,000

-- Bed
-- Bath
3,144 Sq Ft
$266/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $199,000 $63 Per Sq Ft

Est. 320% increase in value since last sale

Current estimated payment $4,601/month

15 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • No Heating

About This Home

As of May 2016

**potential GROSS CAP 13.2%**Great Income Generating 4-plex! All Remodeled 2 bed, 1 bath units w/ approx. 800 Sq. Ft. each. Close to airport and freeways. Fantastic opportunity to get into a 4 plex at a great price! Newer Plumbing, Newer Electrical, Newer Bathrooms, Exterior Paint, Newer Vinyl, Ceramic tile, Roof in Great Shape, New Fixtures and Ceiling Fans + INDOOR LAUNDRY IN EACH UNIT!

Last Agent to Sell the Property

James Yancey

Gentry Real Estate License #SA623899000 Listed on: 02/27/2016

Gentry Real Estate

Last Buyer's Agent

Nydia Jimenez

My Home Group Real Estate License #SA654522000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $745

Year Built

  • Built in 1963

Lot Details

  • 7,710

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Evaporated cooling system
  • No Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water, sewer
  • Tax Lot 40
  • Assessor Parcel Number 125-20-042

Community Details

Overview

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

Building Details

  • Operating Expense $745
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$745

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
  • Year Built: 1963
  • Tax Year: 2015
  • Directions: McDowell to 40th St. South on 40th St. to Moreland, East to property.
  • Road Surface Type: Concrete
  • Subdivision Name: WHISPERING SANDS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, 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:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: Master Meter
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Lot Info

  • Lot Size: -
  • Additional Parcels: No
  • Parcel #: 125-20-042

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Property Net Operating Income: 24000.0
  • Annual Operating Expense: 745.0

Tax Info

  • Tax Annual Amount: 745.0
  • Tax Book Number: 125.00
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2023
Sold by
Charbonneau Oneyda
Bought by
Oneyda Charbonneau Trust
Current Estimated Value
$836,334

Purchase Details

Closed on
Aug 11, 2016
Sold by
Charbonneau Oneyda
Bought by
Apartment Charbonneau Llc

Purchase Details

Listed on
Feb 27, 2016
Closed on
Apr 5, 2016
Sold by
Hamilton Equity Llc
Bought by
Charbonneau Oneyda
Seller's Agent
James Yancey
Gentry Real Estate
Buyer's Agent
Nydia Jimenez
My Home Group Real Estate
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.46%
Original Mortgage
$149,250
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2014
Closed on
Jan 20, 2015
Sold by
Hamilton Matthew and Hamilton Matthew C
Bought by
Hamilton Equity Llc
Seller's Agent
Rick Horst
Keller Williams Arizona Realty
Buyer's Agent
James Yancey
Gentry Real Estate
List Price
$149,900
Sold Price
$151,000
Premium/Discount to List
$1,100
0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.45%
Original Mortgage
$154,246
Interest Rate
3.87%
Mortgage Type
VA

Purchase Details

Listed on
Nov 21, 2014
Closed on
Jan 5, 2015
Sold by
Lucas Vaughn and Tracy Kim
Bought by
Hamilton Matthew and Hamilton Matthew C
Seller's Agent
Rick Horst
Keller Williams Arizona Realty
Buyer's Agent
James Yancey
Gentry Real Estate
List Price
$149,900
Sold Price
$151,000
Premium/Discount to List
$1,100
0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,246
Interest Rate
3.87%
Mortgage Type
VA

Purchase Details

Listed on
Jul 12, 2012
Closed on
Jan 29, 2013
Sold by
Lucas Nayira
Bought by
Lucas Vaughn
Seller's Agent
Wallace Hardy
Realty Arizona Elite Group, LLC
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$115,000
Sold Price
$101,000
Premium/Discount to List
-$14,000
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.65%
Original Mortgage
$75,700
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2012
Closed on
Jan 2, 2013
Sold by
Jop Properties Llc
Bought by
Lucas Vaughn and Tracy Kim
Seller's Agent
Wallace Hardy
Realty Arizona Elite Group, LLC
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$115,000
Sold Price
$101,000
Premium/Discount to List
-$14,000
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,700
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2011
Sold by
J & J Estate Holdings Llc
Bought by
Jop Properties Llc

Purchase Details

Closed on
Feb 17, 2011
Sold by
Mock John
Bought by
J & J Real Estate Holdings Llc

Purchase Details

Closed on
Apr 6, 2006
Sold by
Mock Margaret
Bought by
Mock John

Purchase Details

Closed on
Apr 5, 2006
Sold by
Martin Jeff and Martin Leigh
Bought by
Mock John

Purchase Details

Closed on
Mar 31, 2005
Sold by
Boanca Daniel
Bought by
Martin Jeff and Martin Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 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
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
May 20, 2003
Sold by
Pescador Candelaria A
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
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 8, 2002
Sold by
Pescador Pablo R
Bought by
Pescador Candelaria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.99%

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
Oneyda Charbonneau Trust -- None Listed On Document
Charbonneau Oneyda -- None Listed On Document
Apartment Charbonneau Llc -- None Available
Charbonneau Oneyda $199,000 Pioneer Title Agency Inc
Hamilton Equity Llc -- Security Title Agency
Hamilton Matthew $151,000 Security Title Agency
Lucas Vaughn -- Chicago Title Agency
Lucas Vaughn $101,000 Chicago Title Agency Inc
Jop Properties Llc $50,000 Fidelity Natl Title Ins Co
J & J Real Estate Holdings Llc $45,000 Chicago Title
Mock John -- Land Title Agency Of Az Inc
Mock John $269,500 Land Title Agency Of Az Inc
Martin Jeff $238,500 Capital Title Agency Inc
Boanca Daniel -- Land Title Agency Of Az Inc
Boanca Daniel $165,000 Land Title Agency Of Az Inc
Pescador Candelaria A -- Capital Title Agency Inc
Rios William A -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Charbonneau Oneyda $149,250
Previous Owner Hamilton Matthew $154,246
Previous Owner Lucas Vaughn $75,700
Previous Owner Mock John $215,600
Previous Owner Martin Jeff $190,800
Previous Owner Boanca Daniel $25,000
Previous Owner Boanca Daniel $123,750
Previous Owner Boanca Daniel $123,750
Previous Owner Pescador Candelaria A $98,000
Previous Owner Rios William A $45,800
Closed Martin Jeff $23,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $199,000 0.0% $63 / Sq Ft
05/02/2016 05/02/16 For Sale $199,000 0.0% $63 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $199,000 +31.8% $63 / Sq Ft
01/23/2015 01/23/15 Sold $151,000 +0.7% $48 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
11/21/2014 11/21/14 For Sale $149,900 +48.4% $48 / Sq Ft
02/04/2013 02/04/13 Sold $101,000 -12.2% $126 / Sq Ft
11/23/2012 11/23/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $115,000 -- $144 / 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: 5404870

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-20-042