NOT LISTED FOR SALE

Estimated Value: $339,000 - $424,000

Studio
-- Bath
-- Sq Ft
0.78 Acres

Last Sold February 16, 2015

Last sale price $105,000

Est. 277% increase in value since last sale

Current estimated payment $2,288/month

275 Days on Market

Highlights

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

About This Home

As of February 2015

Wow !!!!Right on Southern Avenue!Price Adjusted for quick sale! Vacant lot across street listed for $299,000... so we are a bargain!! What an opportunity for your buyer and investors!!!Next door to school and Dollar store across the street. This has 6 units on busy frontage.Great Location for this multifamily project or ??? Rents previously averaged around $500 per unit. You do the math! Units do need remodeled/rehab'd and property has been priced accordingly. Owner's loss is your gain. Drive by and take a look. My office is right around the corner and I will be glad to meet you there. Main home is frame construction but other 5 units are block. Back units are all 2 bedrooms/ 1 bath. Front home was an original 3/1.

Last Agent to Sell the Property

Alice Acosta

Alice N Acosta License #BR041221000 Listed on: 04/16/2014

Alice N Acosta

Last Buyer's Agent

Alice Acosta

RE/MAX Desert Showcase License #BR041221000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.78

Parking

  • Assigned Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 4 Buildings
  • 6 Units
  • Building Dimensions are 34,000 SF
  • Roosevelt Acres Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, cable TV
  • Tax Lot 2
  • Assessor Parcel Number 114-01-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Southern & Central
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MH Multi Family
  • Number Of Buildings: 4
  • Year Built: 1950
  • Tax Year: 2013
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: Roosevelt Acres
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Parking:Free: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: None

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School

Lot Info

  • Lot Size: 34,000 SF
  • Additional Parcels: No
  • Parcel #: 114-01-003

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Cable TV
  • Tenant Pays: None
  • Number Of Units Total: 6

Tax Info

  • Tax Book Number: 114.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Active Funding Group Llc
Bought by
Morataya Cesilio and Rosas Martha
Current Estimated Value
$396,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$285,022
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$109,078

Purchase Details

Closed on
Aug 13, 2019
Sold by
Mi Familia Llc
Bought by
Active Funding Group Llc

Purchase Details

Closed on
Nov 26, 2018
Sold by
Onej Llc
Bought by
Mi Familia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2015
Sold by
Ramirez Orlando
Bought by
Onej Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2014
Closed on
Feb 18, 2015
Sold by
Hedrix & Company Llc
Bought by
Onej Llc
Seller's Agent
Alice Acosta
Alice N Acosta
Buyer's Agent
Alice Acosta
Alice N Acosta
List Price
$144,000
Sold Price
$105,000
Premium/Discount to List
-$39,000
-27.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Original Mortgage
$54,075
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2013
Sold by
J O Burns Christian Ministries Inc
Bought by
Hendrix & Company Llc

Purchase Details

Closed on
Mar 31, 2011
Sold by
Gonzaga Margaret Sohpia De Jesus and Kdiricki Margarida
Bought by
Gonzalez Mararet Sophia De Jesus and Negri Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
4.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 29, 2011
Sold by
Gonzaga Margaret Sphia De Jesus and Negri Miriam
Bought by
J O Burns Christian Ministries Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
4.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 29, 2008
Sold by
Gabriel Gonzaga Margaret Sophia De Jesus
Bought by
Gonzaga Margaret Sophia De Jesus
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Morataya Cesilio $350,000 Security Title Agency
Active Funding Group Llc $323,289 None Available
Mi Familia Llc $375,000 Security Title Agency Inc
Onej Llc -- Driggs Title Agency Inc
Onej Llc $105,000 Driggs Title Agency Inc
Hendrix & Company Llc $102,800 Security Title Agency
Gonzalez Mararet Sophia De Jesus -- Magnus Title Agency
J O Burns Christian Ministries Inc $114,900 Magnus Title Agency
Gonzaga Margaret Sophia De Jesus -- Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morataya Cesilio $315,000
Previous Owner Mi Familia Llc $292,000
Previous Owner Onej Llc $105,000
Previous Owner Onej Llc $54,075
Previous Owner J O Burns Christian Ministries Inc $102,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2015 02/16/15 Sold $105,000 -27.1% --
01/16/2015 01/16/15 Pending -- -- --
04/16/2014 04/16/14 For Sale $144,000 -- --
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 $2,606 $17,286 -- --
2024 $1,207 $16,463 -- --
2023 $1,207 $16,320 $13,050 $3,270
2022 $2,215 $20,600 $11,280 $9,320
2021 $2,259 $21,040 $9,360 $11,680
2020 $2,232 $18,830 $7,230 $11,600
2019 $2,159 $19,770 $8,560 $11,210
2018 $2,101 $29,010 $11,895 $17,115
2017 $2,003 $14,290 $3,270 $11,020
2016 $2,594 $22,350 $11,580 $10,770
2015 $2,605 $23,168 $13,360 $9,808
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5101683

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-01-003