$180,500
SOLD JAN 13, 2017
-- Bed
-- Bath
1,605 Sq Ft
0.31 Acres

Recently Sold

$112 Per Sq Ft

3% Above List Price

22 Days on Market

Highlights

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

About This Home

As of January 2017

Wow check this out! Excellent opportunity for individual or investor. Each unit has own laundry facility. Roof is about a year old with 10 year transferable warranty. Two 12 year large capacity water heaters that are about two years old. Professionally painted inside and out. Unit A has ''bonus room''. New bathroom vanities. Massive 13746 SF Lot in highly desired 85014 zip code about a half mile from Biltmore area. 12' x 16' Storage unit. There is a brand new luxury condo complex just 3 blocks away and another apartment complex going up a few more blocks away. This is one street away from Madison Park Jr. High School and Madison Park (has swimming pool and tennis courts)! Bldg has termites. Owner has treated thru pest control company. Buyer can extend termite warranty for $100/year

Last Agent to Sell the Property

Christopher Pepkowski

West USA Realty License #SA653088000 Listed on: 11/25/2016

West USA Realty

Last Buyer's Agent

Christine Gioia

Compass License #SA652188000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $664

Year Built

  • Built in 1959

Home Design

  • Foam Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Madison Elementary School
  • Madison Park Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 17 / 3
  • Assessor Parcel Number 155-08-041-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are 13746
  • Meadowbrook Tract Blk 1 Subdivision

Building Details

  • Operating Expense $2,559
  • Net Operating Income $14,241

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$664

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 16th St & Campbell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2016
  • Directions: From 16th St and Campbell go West on Campbell to 13th Pl. Go South to property on Right.
  • Road Surface Type: Asphalt
  • Subdivision Name: MEADOWBROOK TRACT BLK 1
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:None30: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 952.0

Schools

  • Elementary School: Madison Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Park School

Lot Info

  • Lot Size: 13746
  • Additional Parcels: No
  • Parcel #: 155-08-041-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 2
  • Insurance Expense: 693.0
  • Maintenance Expense: 250.0
  • Property Net Operating Income: 14241.0
  • Annual Operating Expense: 2559.0

Tax Info

  • Tax Annual Amount: 664.0
  • Tax Block: 3
  • Tax Book Number: 155.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2016
Closed on
Jan 1, 2017
Sold by
Cbp Az Investment Corp
Bought by
Garcia Jane
Seller's Agent
Christopher Pepkowski
West USA Realty
Buyer's Agent
Christine Gioia
Compass
List Price
$175,000
Sold Price
$180,500
Premium/Discount to List
$5,500
3.14%
Current Estimated Value
$565,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,535
Avg. Annual Appreciation
14.23%
Original Mortgage
$180,500
Interest Rate
4.13%
Mortgage Type
VA

Purchase Details

Listed on
Nov 25, 2016
Closed on
Nov 23, 2016
Sold by
Matheny Paul
Bought by
Davis Dwight and Davis Lacy
Seller's Agent
Christopher Pepkowski
West USA Realty
Buyer's Agent
Christine Gioia
Compass
List Price
$175,000
Sold Price
$180,500
Premium/Discount to List
$5,500
3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
4.13%
Mortgage Type
VA

Purchase Details

Closed on
Oct 20, 2015
Sold by
Cbp Investment Corp
Bought by
Cbp Az Investment Corp

Purchase Details

Listed on
Oct 1, 2014
Closed on
Oct 27, 2014
Sold by
Ozzo Llc
Bought by
Cbp Investment Corp
Seller's Agent
Robert Folz
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Robert Folz
HomeSmart
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%

Purchase Details

Closed on
Apr 11, 2011
Sold by
Jabo #1 Llc
Bought by
Ozzo Llc

Purchase Details

Closed on
Sep 18, 2009
Sold by
Kolonia Llc
Bought by
Jabo #1 Llc

Purchase Details

Closed on
Aug 20, 2008
Sold by
Davis Frank H and Action #Cv2008-001249
Bought by
Kolonia Llc

Purchase Details

Closed on
Apr 28, 2006
Sold by
Battin Amy L
Bought by
Matheny Paul

Purchase Details

Closed on
Oct 5, 2005
Sold by
Battin Ryan N
Bought by
Battin Amy L

Purchase Details

Closed on
Oct 4, 2005
Sold by
First Home Relaty Inc
Bought by
Battin Amy L

Purchase Details

Closed on
Jul 25, 2005
Sold by
Shepard Chad and Haar Jeffrey
Bought by
Gomez Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2005
Sold by
Tang Alan G
Bought by
First Home Realty Inc

Purchase Details

Closed on
Feb 23, 1995
Sold by
Tang George C and Tang Anna T
Bought by
Tang Alan G
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,500 American Title Svc Agency Ll
Cash Sale Deed $55,000 U S Title Agency Llc
Interfamily Deed Transfer -- None Available
Cash Sale Deed $87,500 American Title Svc Agency Ll
Warranty Deed -- None Available
Cash Sale Deed $14,000 American Title Service Agenc
Legal Action Court Order -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Grand Canyon Title Agency In
Warranty Deed -- Grand Canyon Title Agency In
Warranty Deed $389,900 Camelback Title Agency Llc
Cash Sale Deed $110,000 Capital Title Agency Inc
Warranty Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 VA
Closed $191,320 VA
Closed $180,050 VA
Closed $180,500 VA
Previous Owner $311,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Rented $1,050 0.0% --
01/29/2019 01/29/19 Under Contract -- -- --
01/13/2019 01/13/19 For Rent $1,050 0.0% --
01/13/2017 01/13/17 Sold $180,500 +3.1% $112 / Sq Ft
12/17/2016 12/17/16 Pending -- -- --
12/04/2016 12/04/16 Price Changed $175,000 -5.4% $109 / Sq Ft
11/30/2016 11/30/16 Price Changed $184,900 +5.7% $115 / Sq Ft
11/25/2016 11/25/16 For Sale $175,000 +84.2% $109 / Sq Ft
10/28/2014 10/28/14 Sold $95,000 0.0% $59 / Sq Ft
10/08/2014 10/08/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $95,000 -- $59 / 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 $807 $6,495 -- --
2024 $785 $6,186 -- --
2023 $785 $36,010 $7,200 $28,810
2022 $762 $25,710 $5,140 $20,570
2021 $768 $23,180 $4,630 $18,550
2020 $756 $19,000 $3,800 $15,200
2019 $740 $17,120 $3,420 $13,700
2018 $722 $13,520 $2,700 $10,820
2017 $688 $13,510 $2,700 $10,810
2016 $664 $10,350 $2,070 $8,280
2015 $616 $8,020 $1,600 $6,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5529381

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-08-041B