NOT LISTED FOR SALE

Estimated Value: $744,000 - $859,000

Studio
-- Bath
3,672 Sq Ft
$221/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $135,000 $37 Per Sq Ft

Est. 501% increase in value since last sale

Current estimated payment $4,390/month

122 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heat Pump System

About This Home

As of May 2013

Large 2 Bedroom Units. Fix it Up Clean it Up and Save. Covered Parking, Washer Dryer Hook-ups. Huge Lot. This is not a short sale or lender owned. All fact and figures approximate buyer to verify to their satisfaction.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 09/11/2012

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Arthur Hall

Amaryllis Realty, LLC License #BR535050000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,564

Year Built

  • Built in 1963

Lot Details

  • 10,149

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 137-37-002-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10150
  • Ko Ko Palms Subdivision

Building Details

  • Operating Expense $1,564

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,564

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Gilbert & University
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2011
  • Road Surface Type: Asphalt
  • Subdivision Name: Ko Ko Palms
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 10150
  • Additional Parcels: No
  • Parcel #: 137-37-002-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1564.0

Tax Info

  • Tax Annual Amount: 1564.0
  • Tax Book Number: 137.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2020
Sold by
Tw2 Properties Llc
Bought by
C & D Reserve Llc
Current Estimated Value
$811,333

Purchase Details

Closed on
Jun 7, 2018
Sold by
Carmichael Lonny
Bought by
Tw2 Properties Llc

Purchase Details

Closed on
Jan 25, 2013
Sold by
Nesbeth Marcus A
Bought by
Carmichael Lonny

Purchase Details

Closed on
Jan 23, 2009
Sold by
Renaud Adolf
Bought by
Nesbeth Marcus A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2008
Sold by
Jkm Trading Inc
Bought by
Renaud Adolf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 7, 2007
Sold by
Us Bank Na
Bought by
Flores Jeffrey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2006
Sold by
Fletcher Richard W
Bought by
Johnson Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,326
Interest Rate
6.76%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 30, 2005
Sold by
Rappaport Richard A and Rappaport Helen S
Bought by
Jkm Trading Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 28, 2005
Sold by
Jkm Trading Corp
Bought by
Fletcher Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac
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
C & D Reserve Llc -- None Available
Tw2 Properties Llc $590,000 Security Title Agency Inc
Carmichael Lonny $135,000 Stewart Title & Trust Of Pho
Nesbeth Marcus A $200,000 Lawyers Title Of Arizona Inc
Renaud Adolf $370,000 Capital Title Agency Inc
Flores Jeffrey R $225,000 Capital Title Agency Inc
Flores Jeffrey R $225,000 Capital Title Agency Inc
Johnson Erik $382,326 Tsa Title Agency
Jkm Trading Corp $390,000 Capital Title Agency Inc
Fletcher Richard W $425,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nesbeth Marcus A $150,000
Previous Owner Renaud Adolf $220,000
Previous Owner Flores Jeffrey R $1,600,000
Previous Owner Johnson Erik $382,326
Previous Owner Fletcher Richard W $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2013 05/17/13 Sold $135,000 -22.9% $37 / Sq Ft
01/11/2013 01/11/13 Pending -- -- --
09/11/2012 09/11/12 For Sale $175,000 -- $48 / 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 $1,774 $17,986 -- --
2024 $1,780 $17,130 -- --
2023 $1,780 $57,280 $11,450 $45,830
2022 $1,743 $43,220 $8,640 $34,580
2021 $1,764 $35,020 $7,000 $28,020
2020 $1,741 $31,100 $6,220 $24,880
2019 $1,627 $21,030 $4,200 $16,830
2018 $1,562 $18,430 $3,680 $14,750
2017 $1,515 $17,130 $3,420 $13,710
2016 $1,487 $16,270 $3,250 $13,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4816931

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-37-002A