NOT LISTED FOR SALE

Estimated Value: $801,000 - $1,097,926

8 Beds
-- Bath
2,538 Sq Ft
$378/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2023

Last sale price $1,005,000 $396 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,465 / mo

42 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available
  • Longview Elementary School Rated 9+

About This Home

As of January 2023

So much potential here on this property. Never has lot been split, so the potential to build many more units on this large lot. Buyer to verify all info. 2 - 4 plexes, There are 2 but owned by different owners. These are the Units on the south side of lot have almost been totally rehabbed including new roof. Call agent to discuss.HUGE VALUE IN THE LOT; PLANNING AND ZONING AT THE CITY SAYS 24+UNITS CAN BE BUILT, ZONING ALLOWS

Last Agent to Sell the Property

Ray Whitby

RW Real Estate, LLC License #BR512102000 Listed on: 12/04/2022

Last Buyer's Agent

Paul Eide

DeLex Realty License #SA668536000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,564

Year Built

  • Built in 1940

Lot Details

  • 0.78

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 155-15-086

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are 232x140
  • Los Indios Lots 9&10 Subdivision

Building Details

  • Operating Expense $2,564

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,564

Year Built

Built in 1940

Lot Details

0.78 Acres

Listing Details

  • Cross Street: 12th st/Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2022
  • Road Surface Type: Asphalt, Alley
  • Subdivision Name: LOS INDIOS LOTS 9&10
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 25.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Other

Association/Amenities

  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 232x140
  • Additional Parcels: No
  • Parcel #: 155-15-086

Multi Family

  • Owner Pays: Other
  • Tenant Pays: See Remarks
  • Number Of Units Total: 8
  • Annual Operating Expense: 2564.0

Tax Info

  • Tax Annual Amount: 2564.0
  • Tax Book Number: 155.00
  • Tax Lot: 2

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

Listed on
Dec 4, 2022
Closed on
Jan 30, 2023
Sold by
Bought by
Seller's Agent
Ray Whitby
RW Real Estate, LLC
Buyer's Agent
Paul Eide
DeLex Realty
List Price
$1,250,000
Sold Price
$1,005,000
Premium/Discount to List
-$245,000
-19.6%
Views
15
Current Estimated Value
$959,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,025
Avg. Annual Appreciation
-1.30%
Original Mortgage
$1,000,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2020
Sold by
Bought by

Purchase Details

Closed on
Oct 30, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 10, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 2001
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
-- Empire Title Services
$1,005,000 Empire Title Services
-- None Available
-- None Available
-- --
-- --
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
Open $893,750
Closed $1,000,000
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
01/30/2023 01/30/23 Sold $1,005,000 -19.6% $396 / Sq Ft
12/30/2022 12/30/22 For Sale $1,250,000 0.0% $493 / Sq Ft
12/03/2022 12/03/22 For Sale $1,250,000 -- $493 / 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 $2,810 $21,636
2024 $2,623 $20,605
2023 $2,623 $112,330 $22,460 $89,870
2022 $2,564 $80,850 $16,170 $64,680
2021 $2,611 $68,560 $13,710 $54,850
2020 $2,544 $53,880 $10,770 $43,110
2019 $2,433 $41,410 $8,280 $33,130
2018 $2,351 $32,210 $6,440 $25,770
2017 $2,156 $33,170 $6,630 $26,540
2016 $2,080 $26,630 $5,320 $21,310
2015 $1,934 $21,360 $4,270 $17,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6495299

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-15-086

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