NOT LISTED FOR SALE

Estimated Value: $553,584 - $825,000

-- Bed
-- Bath
3,516 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 16, 2015

Last sale price $229,000 $65 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $3,785/month

39 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of June 2015

THIS IS A GREAT 4-PLEX IN AN EXCELLENT RENTAL AREA NEXT TO THE MESA HISTORIC DISTRICT. THIS NEIGHBORHOOD HAS JUST THE RIGHT MIX OF APTS AND SINGLE FAMILY. THE BUILDING IS BLOCK CONSTRUCTED, HAS COVERED PARKING AND COIN-OP WASHER/DRYER IN SEPARATE LAUNDRY ROOM PROVIDING EXTRA INCOME. THESE ARE LARGE UNITS AND ALL ARE RENTED. OWNER JUST RECENTLY REPLACED 2 AC UNITS. PLEASE DO NOT DISTURB THE TENANTS.

Last Agent to Sell the Property

Danny Perkinson

Perk Prop Real Estate License #BR626253000 Listed on: 04/14/2015

Co-Listed By

Morgan Weese

AZREAPM License #BR646571000

Last Buyer's Agent

Harrison Rogers

Keller Williams Integrity First License #SA626316000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,364

Year Built

  • Built in 1963

Lot Details

  • 0.32

Home Design

  • Composition Roof
  • Block Exterior

Parking

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

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 10
  • Assessor Parcel Number 137-24-071

Community Details

Overview

  • 4 Units
  • Building Dimensions are 13996 sf
  • Kent Manor Subdivision

Building Details

  • Operating Expense $5,764
  • Gross Income $28,200
  • Net Operating Income $22,281

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,364

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Unitversity & Center
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2014
  • Directions: FROM UNIVERSITY AND CENTER GO NORTH TO 7TH STREET THEN WEST TO PROPERTY.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: thgr03
  • Co List Office Phone: 480-788-8038
  • Subdivision Name: KENT MANOR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2000.0

Lot Info

  • Lot Size: 13996 sf
  • Additional Parcels: No
  • Parcel #: 137-24-071

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 400.0
  • Annual Gross Income: 28200.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 800.0
  • Property Net Operating Income: 22281.0
  • Annual Operating Expense: 5764.0

Tax Info

  • Tax Annual Amount: 1364.0
  • Tax Book Number: 137.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Creed Fuller
Bought by
Fuller Creed and Fuller Taylor
Current Estimated Value
$690,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$164,349
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$479,362

Purchase Details

Closed on
Oct 7, 2016
Sold by
Fuller Jackie and Fuller Creed
Bought by
Fuller Creed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,572
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 14, 2015
Closed on
Jul 9, 2015
Sold by
Par 5 Llc
Bought by
Fuller Creed and Fuller Jackie
Seller's Agent
Danny Perkinson
Perk Prop Real Estate
Buyer's Agent
Harrison Rogers
Keller Williams Integrity First
List Price
$229,000
Sold Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$224,852
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 9, 2014
Closed on
Feb 25, 2014
Sold by
Brown Benjamin D and Brown Jacob B
Bought by
Par 5 Llc
Seller's Agent
Danny Perkinson
Perk Prop Real Estate
Buyer's Agent
Danny Perkinson
Perk Prop Real Estate
List Price
$225,000
Sold Price
$206,000
Premium/Discount to List
-$19,000
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%

Purchase Details

Closed on
May 4, 2009
Sold by
Brown Shaundel L
Bought by
Brown Benjamin D

Purchase Details

Closed on
May 1, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Brown Jacob B and Brown Benjamin D

Purchase Details

Closed on
Dec 11, 2008
Sold by
Fejzaj Gani
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Feb 21, 2006
Sold by
Garcia Craig V
Bought by
Fejzaj Gani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,900
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 30, 2006
Sold by
Fejzaj Dusa
Bought by
Fejzaj Gani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,900
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 29, 2003
Sold by
R D Johnson Group Llc
Bought by
Garcia Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,770
Interest Rate
5.98%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2003
Sold by
Johnson Douglas A and Johnson Rebecca K
Bought by
Rd Johnson Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
5.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2002
Sold by
U R Unlimited Llc
Bought by
Johnson Douglas A and Johnson Rebecca K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Fuller Creed -- Grand Canyon Title
Fuller Creed -- Pioneer Title Agency Inc
Fuller Creed $229,000 Chicago Title Agency Inc
Par 5 Llc $206,000 Clear Title Agency Of Arizon
Brown Benjamin D -- Great American Title Agency
Brown Jacob B -- Great American Title Agency
Brown Jacob B $86,000 Great American Title Agency
Hsbc Bank Usa National Association $175,000 Great American Title Agency
Fejzaj Gani $326,000 Capital Title Agency Inc
Fejzaj Gani -- Capital Title Agency Inc
Garcia Craig $209,000 Ticor Title Agency Of Arizon
Rd Johnson Group Llc -- --
Johnson Douglas A $165,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuller Creed $170,000
Previous Owner Fuller Creek $303,215
Previous Owner Fuller Creed $223,572
Previous Owner Fuller Creed $224,852
Previous Owner Fejzaj Gani $290,500
Previous Owner Fejzaj Gani $83,000
Previous Owner Fejzaj Gani $48,900
Previous Owner Fejzaj Gani $260,800
Previous Owner Fejzaj Gani $260,800
Previous Owner Garcia Craig $205,770
Previous Owner Johnson Douglas A $151,500
Previous Owner Johnson Douglas A $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2015 06/16/15 Sold $229,000 0.0% $65 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $229,000 +11.2% $65 / Sq Ft
02/28/2014 02/28/14 Sold $206,000 -8.4% $59 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $225,000 -- $64 / 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 $1,648 $16,787 -- --
2024 $1,661 $15,988 -- --
2023 $1,661 $56,510 $11,300 $45,210
2022 $1,627 $41,860 $8,370 $33,490
2021 $1,647 $34,860 $6,970 $27,890
2020 $1,625 $30,830 $6,160 $24,670
2019 $1,519 $25,770 $5,150 $20,620
2018 $1,457 $22,980 $4,590 $18,390
2017 $1,414 $19,480 $3,890 $15,590
2016 $1,388 $18,710 $3,740 $14,970
2015 $1,304 $16,710 $3,340 $13,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5265141

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-24-071