NOT LISTED FOR SALE
1 Bed
1 Bath
830 Sq Ft
0.66 Acre Lot

Sale Details

Date Sold: November 28, 2014

Last sale price $565,000 $681 Per Sq Ft

39 Days on Market

Highlights

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

About This Home

As of November 2014

Excellent opportunity to own updated and well maintained 9 unit building in Central Phoenix. Large units with in suite laundry and dishwashers. Covered parking and gated entrance to apartment complex. Fully occupied.

Last Agent to Sell the Property

Victoria Miachika

REI Marketing License #BR639322000 Listed on: 09/18/2014

Last Buyer's Agent

Victoria Miachika

REI Marketing License #BR639322000 Listed on: 09/18/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,820

Year Built

  • Built in 1986

Lot Details

  • 0.66

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 24 Parking Spaces
  • 12 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 15
  • Assessor Parcel Number 163-28-033

Community Details

Overview

  • 9 Units
  • Building Dimensions are 28,566

Building Details

  • Gross Income $64,980
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,820

Year Built

Built in 1986

Lot Details

0.66 Acres

Listing Details

  • Cross Street: Indian School and 17th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1986
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 12.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 24.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 24.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Lot Info

  • Lot Size: 28,566
  • Additional Parcels: No
  • Parcel #: 163-28-033

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 9
  • Annual Gross Income: 64980.0
  • Property Net Operating Income: 36000.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2819.64
  • Tax Book Number: 163.00
  • Tax Lot: 15

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2018
Sold by
Bought by

Purchase Details

Closed on
Dec 12, 2018
Sold by
Bought by

Purchase Details

Listed on
Sep 18, 2014
Closed on
Nov 25, 2014
Sold by
Bought by
Seller's Agent
Victoria Miachika
REI Marketing
Buyer's Agent
Victoria Miachika
REI Marketing
List Price
$565,000
Sold Price
$565,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
0.0389%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 11, 2013
Closed on
Jun 19, 2013
Sold by
Bought by
Seller's Agent
Jason Campagna
Orion Investment Real Estate
Buyer's Agent
Victoria Miachika
REI Marketing
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.11%
Original Mortgage
$235,000
Interest Rate
0.0348%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
0.0657%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 1998
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$545,000 Chicago Title Agency Inc
$350,000 Chicago Title Agency Inc
$700,000 Fidelity National Title
$629,000 North American Title Co
-- North American Title Agency
$420,000 North American Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $45,000
Previous Owner $245,945
Previous Owner $235,000
Previous Owner $430,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2014 11/28/14 Sold $565,000 0.0% $681 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
09/18/2014 09/18/14 For Sale $565,000 +61.4% $681 / Sq Ft
06/27/2013 06/27/13 Sold $350,000 -12.3% $422 / Sq Ft View Prior Sale
05/30/2013 05/30/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $399,000 -- $481 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,036 $38,658
2024 $4,673 $36,817
2023 $4,673 $191,770 $38,350 $153,420
2022 $4,533 $137,720 $27,540 $110,180
2021 $4,573 $113,510 $22,700 $90,810
2020 $4,502 $93,100 $18,620 $74,480
2019 $4,402 $74,900 $14,980 $59,920
2018 $4,294 $65,810 $13,160 $52,650
2017 $4,092 $57,270 $11,450 $45,820
2016 $3,951 $48,810 $9,760 $39,050
2015 $3,670 $41,710 $8,340 $33,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5173425

Arizona Regional Multiple Listing Service (ARMLS)
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