NOT LISTED FOR SALE

Estimated Value: $554,000 - $781,795

4 Beds
3 Baths
880 Sq Ft
$765/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2020

Last sale price $340,000 $386 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,801 / mo

295 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Longview Elementary School Rated 9+

About This Home

As of January 2020

Perfect build opportunity for those rehabbers who can't find anything in the market right now. The property has a ton of land for additional units, and is currently bringing in $1,095 per unit for the units recently rehabbed. The property is clean and updated, and zoned and ready for additional units to capitalize on the available space. Should I go on with the NEW NEW ! Do not disturb tenants.View the Document tab for additional information and look at the photos! Viewings ONLY on accepted contract! Buyer to verify all facts and figures.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 03/02/2019

Last Buyer's Agent

Tiffany Mickolio

EveryPlace License #SA674623000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 2000

Lot Details

  • 0.25

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Carport
  • Additional Parking

Schools

  • Montecito Community Elementary School
  • Osborn Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available

Listing and Financial Details

  • Tenant pays for sewer, electricity, trash collection
  • The owner pays for water
  • Legal Lot and Block 5 / 3
  • Assessor Parcel Number 155-05-077-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are 175x62
  • Longview Place Blk 2 & 3 Lots 8 12 Subdivision

Building Details

  • Operating Expense $4,706
  • Gross Income $26,280
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,075

Year Built

Built in 2000

Lot Details

0.25 Acres

Listing Details

  • Cross Street: Indian School Road and 12 Street
  • Property Type: Multiple Dwellings
  • Zoning: R-3, M-M
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2000
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1440.0
  • Subdivision Name: LONGVIEW PLACE BLK 2 & 3 LOTS 8-12
  • Tax Parcel Letter: B
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Electric
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: W/D Hookup

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport, <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • Parking Features:Parking Features: Carport, <1 Space Per Unit, Add'l Parking Avail

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Montecito Community School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 175x62
  • Additional Parcels: No
  • Parcel #: 155-05-077-B

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Sewer, Electricity, Trash Collection
  • Number Of Units Total: 2
  • Annual Gross Income: 26280.0
  • Insurance Expense: 591.0
  • Property Net Operating Income: 21000.0
  • Annual Operating Expense: 4706.0

Tax Info

  • Tax Annual Amount: 1075.0
  • Tax Block: 3
  • Tax Book Number: 155.0
  • Tax Lot: 5

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

Listed on
Mar 2, 2019
Closed on
Jan 21, 2020
Sold by
Bought by
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Tiffany Mickolio
EveryPlace
List Price
$394,900
Sold Price
$340,000
Premium/Discount to List
-$54,900
-13.9%
Current Estimated Value
$673,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,598
Avg. Annual Appreciation
11.07%
Original Mortgage
$340,000
Outstanding Balance
$295,178
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$378,420

Purchase Details

Listed on
Aug 17, 2018
Closed on
Nov 27, 2018
Sold by
Bought by
Seller's Agent
Grant MacKenzie
Realty85
Buyer's Agent
Brandon Torraco
LPT Realty, LLC
List Price
$185,000
Sold Price
$159,500
Premium/Discount to List
-$25,500
-13.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.97%
Original Mortgage
$210,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2013
Closed on
Aug 14, 2013
Sold by
Bought by
Seller's Agent
Moe Hegazy
Hegazy Realty
Buyer's Agent
MARIA RAMOS
GPS AZ Real Estate
List Price
$79,000
Sold Price
$81,000
Premium/Discount to List
$2,000
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%

Purchase Details

Listed on
May 11, 2012
Closed on
Sep 4, 2012
Sold by
Bought by
Seller's Agent
JoAnn Callaway
eXp Realty
Buyer's Agent
Moe Hegazy
Hegazy Realty
List Price
$50,000
Sold Price
$50,300
Premium/Discount to List
$300
0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.12%

Purchase Details

Closed on
Mar 23, 2009
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
$68,633
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 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
$152,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2001
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
$93,130
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 1994
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 1993
Sold by
Bought by
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
$340,000 Empire West Title Agency Llc
$159,500 Empire West Title Agency Llc
$81,000 Driggs Title Agency Inc
$50,300 Fidelity National Title Agen
-- Fidelity National Title Agen
$69,900 American Title Service Agenc
$190,000 Land Title Agency Of Az Inc
$97,000 Security Title Agency
$71,000 United Title
-- --
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 $340,000
Previous Owner $210,000
Previous Owner $68,633
Previous Owner $152,000
Previous Owner $93,130
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 Prior Sale
01/31/2020 01/31/20 Sold $340,000 -5.3% $386 / Sq Ft
12/22/2019 12/22/19 Pending -- -- --
07/09/2019 07/09/19 Price Changed $359,000 -9.1% $408 / Sq Ft
07/08/2019 07/08/19 For Sale $394,900 0.0% $449 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $394,900 0.0% $449 / Sq Ft
06/12/2019 06/12/19 Price Changed $395,000 -14.9% $449 / Sq Ft
05/24/2019 05/24/19 Price Changed $464,000 -4.3% $527 / Sq Ft
03/02/2019 03/02/19 For Sale $485,000 +204.1% $551 / Sq Ft
11/29/2018 11/29/18 Sold $159,500 -11.3% $181 / Sq Ft View Prior Sale
11/07/2018 11/07/18 Price Changed $179,900 -2.8% $204 / Sq Ft
08/17/2018 08/17/18 For Sale $185,000 +128.4% $210 / Sq Ft
08/16/2013 08/16/13 Sold $81,000 +2.5% $92 / Sq Ft View Prior Sale
08/09/2013 08/09/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $79,000 +57.1% $90 / Sq Ft
09/05/2012 09/05/12 Sold $50,300 +0.6% $31 / Sq Ft View Prior Sale
07/20/2012 07/20/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $50,000 -- $31 / 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 $1,222 $9,407
2024 $1,140 $8,959
2023 $1,140 $19,960 $4,010 $15,950
2022 $1,134 $18,460 $4,010 $14,450
2021 $1,153 $20,050 $4,010 $16,040
2020 $1,124 $18,550 $3,710 $14,840
2019 $1,075 $16,970 $3,390 $13,580
2018 $1,040 $11,670 $2,330 $9,340
2017 $955 $10,060 $2,010 $8,050
2016 $921 $9,370 $1,870 $7,500
2015 $856 $8,430 $1,680 $6,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5890646

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-05-077B

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