NOT LISTED FOR SALE

Estimated Value: $809,000 - $979,000

Studio
-- Bath
2,798 Sq Ft
$313/Sq Ft Est. Value

Sale Details

Date Sold: July 19, 2019

Last sale price $517,500 $185 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,817 / mo

30 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of July 2019

4133 E. Belleview Street offers an investor the opportunity to acquire a 4 unit (One 2BR/1BA and three 1BR/1BA), workforce housing apartment community that was built in 1963 and significantly renovated in 2018. The property is individually metered, extensively xeriscaped and has
single story units. The renovation included exterior and interior paint, windows, doors, flooring, tub surrounds, light and plumbing fixtures, electric and gas appliances. The units also have individual hot water heaters, washer/dryer hookups, individual outside storage, security front screen doors and private gated front patios.
*Adjacent 4-Plex (MLS #5929635) can be purchased as well, or each 4-plex can be purchased individually.
*Please DO NOT disturb tenants.

Last Agent to Sell the Property

Nicholas Neslund

Lee & Associates License #SA666183000 Listed on: 05/20/2019

Last Buyer's Agent

Nicholas Neslund

Lee & Associates License #SA666183000 Listed on: 05/20/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $578

Year Built

  • Built in 1963

Lot Details

  • 7,884

Home Design

  • Built-Up Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 125-20-015

Community Details

Overview

  • 4 Units
  • Building Dimensions are 168' x 94'
  • Whispering Sands Subdivision

Building Details

  • Operating Expense $578
  • Gross Income $39,708
  • Net Operating Income $35,508

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$578

Year Built

Built in 1963

Lot Details

7,884 Sq Ft Lot

Listing Details

  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Subdivision Name: WHISPERING SANDS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: See Remarks, Built-Up
  • 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:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 168' x 94'
  • Additional Parcels: No
  • Parcel #: 125-20-015

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 39708.0
  • Property Net Operating Income: 35508.0
  • Annual Operating Expense: 577.94

Tax Info

  • Tax Annual Amount: 577.94
  • Tax Book Number: 125.00
  • Tax Lot: 13

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
Feb 20, 2021
Sold by
Bought by
Current Estimated Value
$876,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
0.0265%
Mortgage Type
Commercial

Purchase Details

Listed on
May 20, 2019
Closed on
Jul 11, 2019
Sold by
Bought by
Seller's Agent
Nicholas Neslund
Lee & Associates
Buyer's Agent
Nicholas Neslund
Lee & Associates
List Price
$1,150,000
Sold Price
$517,500
Premium/Discount to List
-$632,500
-55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Sep 14, 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
$140,154
Interest Rate
0.0343%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 13, 2006
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
$174,760
Interest Rate
0.0712%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2005
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
$174,760
Interest Rate
0.0712%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2003
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
$17,500
Interest Rate
0.0522%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 26, 2002
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 12, 1999
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
$83,700
Interest Rate
0.0782%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Premier Title Agency
$1,035,000 Chicago Title Agency
$175,193 Chicago Title Agency Inc
$218,450 Ticor Title Agency Of Az Inc
$562,500 Capital Title Agency Inc
$175,000 Chicago Title Insurance Co
-- Nations Title Insurance
$127,000 Nations Title Insurance
$93,000 Lawyers Title Of Arizona Inc
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
Open $5,500,000
Previous Owner $140,154
Previous Owner $140,154
Previous Owner $174,760
Previous Owner $160,000
Previous Owner $17,500
Previous Owner $148,750
Previous Owner $83,700
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
07/19/2019 07/19/19 Sold $517,500 -10.0% $185 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
05/22/2019 05/22/19 Price Changed $575,000 -50.0% $206 / Sq Ft
05/22/2019 05/22/19 For Sale $1,150,000 0.0% $411 / Sq Ft
05/22/2019 05/22/19 Price Changed $1,150,000 +122.2% $411 / Sq Ft
05/20/2019 05/20/19 Off Market $517,500 -- --
05/20/2019 05/20/19 For Sale $1,050,000 -- $375 / Sq Ft
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 $687 $5,382
2024 $640 $5,126
2023 $640 $46,060 $9,210 $36,850
2022 $617 $30,060 $6,010 $24,050
2021 $628 $23,860 $4,770 $19,090
2020 $616 $19,680 $3,930 $15,750
2019 $614 $15,910 $3,180 $12,730
2018 $578 $14,100 $2,820 $11,280
2017 $554 $13,350 $2,670 $10,680
2016 $542 $7,760 $1,550 $6,210
2015 $508 $6,730 $1,340 $5,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5928436

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-20-015

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