NOT LISTED FOR SALE
25 Beds
12 Baths
1,934 Sq Ft
0.83 Acre Lot

Sale Details

Date Sold: September 7, 2012

Last sale price $363,000 $188 Per Sq Ft

17 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of September 2012

GREAT INVESTMENT IN CENTRAL PHOENIX, (11) 2 BEDROOMS, (1) 3 BEDROOM APARTMENTS. ALL TILE FLOORS, ALL CENTRAL AIR, LARGE COURTYARD AREA, LOCATED IN CUL DE SAC. ADDITIONAL INCOME FROM LAUNDRY ROOM. PROPERTY IS IN GREAT CONDITION AND THERE IS MAJOR UPSIDE. SELLER MAKES QUICK DECISIONS, POSSIBLE WRAP WITH LARGE DOWN PAYMENT.

Last Agent to Sell the Property

John Filipian

DeLex Realty License #SA576926000 Listed on: 08/01/2012

DeLex Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,310

Year Built

  • Built in 1961

Lot Details

  • 0.83

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 12 Open Parking Spaces
  • 36,322 Parking Spaces
  • 36,310 Covered Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 13
  • Assessor Parcel Number 155-08-036-E

Community Details

Overview

  • 4 Buildings
  • 12 Units
  • Building Dimensions are 160*224
  • Meadowbrook Subdivision

Building Details

  • Operating Expense $22,338
  • Gross Income $75,050
  • Net Operating Income $53,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,310

Year Built

Built in 1961

Lot Details

0.83 Acres

Listing Details

  • Cross Street: CAMELBACK&16THST
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 4
  • Year Built: 1961
  • Tax Year: 2011
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3600.0
  • Subdivision Name: MEADOWBROOK
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 36310.0
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 36322.0
  • General Property Description:Covered Parking Spcs: 36310.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 36322.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Fuel Expense: 1000.0
  • Trash Expense: 1200.0
  • Annual Water Sewer Expense: 8000.0

Lot Info

  • Lot Size: 160*224
  • Additional Parcels: No
  • Parcel #: 155-08-036-E

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 12
  • Electric Expense: 900.0
  • Annual Gross Income: 75050.0
  • Insurance Expense: 1728.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 53000.0
  • Annual Operating Expense: 22338.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3310.0
  • Tax Book Number: 155.00
  • Tax Lot: 13

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
Aug 1, 2012
Closed on
Sep 4, 2012
Sold by
Bought by
Seller's Agent
John Filipian
DeLex Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$399,900
Sold Price
$363,000
Premium/Discount to List
-$36,900
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,206
Interest Rate
0.035%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 30, 2011
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
$175,000
Interest Rate
0.0446%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 26, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 10, 2000
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
$11,000
Interest Rate
0.083%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 22, 1999
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
$11,000
Interest Rate
0.083%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 6, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 1995
Sold by
Bought by

Purchase Details

Closed on
Sep 25, 1968
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
$363,000 Great American Title Agency
-- Fidelity National Title
$234,000 None Available
-- None Available
-- None Available
-- Westland Title Agency Of Az
-- Westland Title Agency Of Az
-- Westland Title Agency
-- Westland Title Agency
-- --
$524,800 Ticor Title Agency Of Az Inc
-- --
$392,500 Fidelity National Title
-- Fidelity National Title
$300,000 Transamerica Title Ins Co
-- Transamerica Title Ins Co
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 $171,206
Previous Owner $175,000
Previous Owner $11,000
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
09/07/2012 09/07/12 Sold $363,000 -9.2% $188 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
07/31/2012 07/31/12 For Sale $399,900 -- $207 / 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 $5,574 $42,788
2024 $5,172 $40,751
2023 $5,172 $188,160 $37,630 $150,530
2022 $4,955 $129,920 $25,980 $103,940
2021 $5,003 $113,270 $22,650 $90,620
2020 $4,924 $93,010 $18,600 $74,410
2019 $4,816 $85,380 $17,070 $68,310
2018 $4,697 $74,570 $14,910 $59,660
2017 $4,474 $65,300 $13,060 $52,240
2016 $4,319 $52,380 $10,470 $41,910
2015 $4,012 $42,060 $8,410 $33,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4796865

Arizona Regional Multiple Listing Service (ARMLS)
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