NOT LISTED FOR SALE

Estimated Value: $540,000 - $733,000

-- Bed
-- Bath
1,836 Sq Ft
$334/Sq Ft Est. Value

Last Sold June 11, 2014

Last sale price $140,000 $76 Per Sq Ft

Est. 376% increase in value since last sale

Current estimated payment $3,750/month

163 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of June 2014

Darling red brick duplex with 2 bedroom, 1 bath units, full kitchen, laundry area, pantry, covered parking, community dryer(washer in units). Each unit has separate, detached storage unit.
Great location and easy access to light rail, downtown.
Tenants in place with month-to-month agreements.
Tenants rights. Please do not disturb. Call for appt with listing agent to view
vacant unit, if available.
This is the original owner of these properties. Both duplexes to be sold together.

Last Agent to Sell the Property

Patty Bentley

Success Property Brokers License #SA550775000 Listed on: 11/20/2013

Success Property Brokers

Last Buyer's Agent

melinda murphy

Keller Williams Arizona Realty License #BR117767000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $705

Year Built

  • Built in 1950

Lot Details

  • 6,708

Home Design

  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 22
  • Assessor Parcel Number 155-32-022

Community Details

Overview

  • 2 Units
  • Building Dimensions are Unk
  • Indian Park Subdivision

Building Details

  • Operating Expense $3,305
  • Net Operating Income $11,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$705

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 3rd Avenue and Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2013
  • Directions: North on 3rd Avenue to unit on west side. Address on unit shows 4228 not 4230 as in tax records
  • Road Surface Type: Asphalt
  • Subdivision Name: Indian Park
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Electric, Evaporative Cooling, Ceiling Fan(s)
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2000.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: Unk
  • Additional Parcels: Yes
  • Parcel #: 155-32-022

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Insurance Expense: 600.0
  • Property Net Operating Income: 11700.0
  • Annual Operating Expense: 3305.0

Tax Info

  • Tax Annual Amount: 705.0
  • Tax Book Number: 155.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2022
Sold by
Phillips Shannon C
Bought by
Marvelous Phillips Family Trust
Current Estimated Value
$666,971

Purchase Details

Closed on
Dec 1, 2017
Sold by
Fraser Veronique and Phillips Shannon
Bought by
Phillips Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2013
Closed on
Jun 9, 2014
Sold by
Thomas Roberta J and Roberta J Thomas Revocable Tru
Bought by
Lauren O Campo Aaron and Campo Lauren O
Seller's Agent
Patty Bentley
Success Property Brokers
Buyer's Agent
melinda murphy
Keller Williams Arizona Realty
List Price
$185,000
Sold Price
$140,000
Premium/Discount to List
-$45,000
-24.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.80%
Original Mortgage
$105,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2010
Sold by
Thomas Roberta J
Bought by
Thomas Roberta J and Roberta J Thomas Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marvelous Phillips Family Trust -- None Listed On Document
Phillips Shannon -- Chicago Title Agency Inc
Phillips Shannon $275,000 Chicago Title Agency Inc
Lauren O Campo Aaron $140,000 Security Title Agency
Thomas Roberta J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Shannon $206,250
Previous Owner Lauren O Campo Aaron $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2014 06/11/14 Sold $140,000 -24.3% $76 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $185,000 -- $101 / 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 $1,188 $9,467 -- --
2024 $1,148 $9,016 -- --
2023 $1,148 $39,070 $7,810 $31,260
2022 $1,141 $32,280 $6,450 $25,830
2021 $1,161 $29,760 $5,950 $23,810
2020 $1,131 $24,380 $4,870 $19,510
2019 $1,082 $17,630 $3,520 $14,110
2018 $1,046 $14,080 $2,810 $11,270
2017 $961 $14,210 $2,840 $11,370
2016 $927 $10,550 $2,110 $8,440
2015 $862 $8,410 $1,680 $6,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5033172

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-32-022