NOT LISTED FOR SALE

Estimated Value: $555,737 - $667,000

Studio
2 Baths
1,714 Sq Ft
$354/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $112,000 $65 Per Sq Ft

Est. 441% increase in value since last sale

Current estimated payment $3,327/month

7 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of August 2013

WOW!! COME AND SEE THIS GREAT INCOME PROPERTY!! THIS HOME IS PERFECT FOR THE FIRST TIME HOMEBUYER WHO IS LOOKING TO OFFSET MORTGAGE PAYMENT!! THIS DUPLEX FEATURES THE FOLLOWING: UNIT 1: 2 BEDROOMS, 1 BATH, LARGE LIVING ROOM, OPEN EAT IN KITCHEN: UNIT 2, 2 BEDROOMS, 1 BATH, LARGE FAMILY ROOM, OPEN EAT IN KITCHEN!! THIS HOME HAS IT ALL!! BRING YOUR INVESTORS OR YOUR FIRST TIME BUYERS, HOME IS GREAT!!!

Last Agent to Sell the Property

Jamin Denham

DenMar Realty License #BR521816000 Listed on: 07/31/2013

Last Buyer's Agent

Timothy Risley

Heritage Success Realty LLC License #SA632255000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,157

Year Built

  • Built in 1947

Lot Details

  • 7,667

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

  • Madison Elementary School
  • Abraham Lincoln Traditional Middle School

Utilities

  • Central Air
  • Heat Pump System
  • Window Unit Heating System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 4
  • Assessor Parcel Number 163-29-063

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 9000
  • Peters View Tract Subdivision

Building Details

  • Operating Expense $1,157
  • Net Operating Income $14,235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,157

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Cross Street: 19TH ST AND INDIAN SCHOOL
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1947
  • Tax Year: 2012
  • Road Surface Type: Concrete, Curb(s) & Gutter(s)
  • Subdivision Name: PETERS VIEW TRACT
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Electric
  • Heating: Heat Pump, Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes

Schools

  • Elementary School: Madison Elementary School
  • Middle Or Junior School: Abraham Lincoln Traditional School

Lot Info

  • Lot Size: 9000
  • Additional Parcels: No
  • Parcel #: 163-29-063

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Property Net Operating Income: 14235.0
  • Annual Operating Expense: 1157.0

Tax Info

  • Tax Annual Amount: 1157.0
  • Tax Book Number: 163.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2013
Closed on
Aug 7, 2013
Sold by
Pendleton Capital Partners Llc
Bought by
Burke William J and Burke Thomasina J
Seller's Agent
Jamin Denham
DenMar Realty
Buyer's Agent
Timothy Risley
Heritage Success Realty LLC
List Price
$119,500
Sold Price
$112,000
Premium/Discount to List
-$7,500
-6.28%
Current Estimated Value
$606,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,184
Avg. Annual Appreciation
14.55%

Purchase Details

Closed on
Oct 6, 2011
Sold by
Free Loan Consult Llc
Bought by
Pendleton Capitalpartners Llc

Purchase Details

Closed on
Oct 4, 2010
Sold by
Ruprict Enterprises Llc
Bought by
Free Loan Consult Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Ruprict Enterprises Llc

Purchase Details

Closed on
Jun 12, 2008
Sold by
Brewer Desirie
Bought by
Deutsche Bank National Trust Co and Meritage Mortgage Loan Trust 2005-3 Asse

Purchase Details

Closed on
Oct 28, 2005
Sold by
Cramer Anthony J
Bought by
Brewer Desirie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
13.5%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 27, 2005
Sold by
Brewer Kahkuyan
Bought by
Brewer Desirie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
13.5%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 17, 2001
Sold by
Santillan Steve
Bought by
Cramer Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,078
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2001
Sold by
Collier Cheryl
Bought by
Santillan Steve

Purchase Details

Closed on
Jan 11, 2001
Sold by
Santillan Ilulia
Bought by
Santillan Steve

Purchase Details

Closed on
Sep 7, 1993
Sold by
Johnston Judy I
Bought by
Becker Christopher and Becker Cheryl Collier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
8.35%
Mortgage Type
Seller Take Back
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

Date Buyer Sale Price Title Company
Burke William J $112,000 Clear Title Agency Of Arizon
Pendleton Capitalpartners Llc -- None Available
Pendleton Capitalpartners Llc -- None Available
Free Loan Consult Llc $110,000 Lawyers Title Of Arizona Inc
Ruprict Enterprises Llc $42,000 Guaranty Title Agency
Deutsche Bank National Trust Co $219,999 None Available
Brewer Desirie $255,000 Camelback Title Agency Llc
Brewer Desirie -- Camelback Title Agency Llc
Cramer Anthony J $139,500 Security Title Agency
Santillan Steve $116,500 Lawyers Title Of Arizona Inc
Santillan Steve -- Lawyers Title Of Arizona Inc
Becker Christopher -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Free Loan Consult Llc $75,000
Previous Owner Brewer Desirie $51,000
Previous Owner Brewer Desirie $204,000
Previous Owner Brewer Desirie $204,000
Previous Owner Cramer Anthony J $136,078
Previous Owner Becker Christopher $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2013 08/23/13 Sold $112,000 -6.3% $65 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $119,500 -- $70 / 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 $2,152 $16,522 -- --
2024 $1,997 $15,735 -- --
2023 $1,997 $44,000 $8,800 $35,200
2022 $1,938 $35,650 $7,130 $28,520
2021 $1,954 $31,980 $6,390 $25,590
2020 $1,924 $29,230 $5,840 $23,390
2019 $1,661 $26,670 $5,330 $21,340
2018 $1,617 $24,060 $4,810 $19,250
2017 $1,535 $23,300 $4,660 $18,640
2016 $1,480 $19,960 $3,990 $15,970
2015 $1,377 $16,350 $3,270 $13,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4975774

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-29-063