NOT LISTED FOR SALE

Estimated Value: $796,499 - $851,000

3 Beds
-- Bath
2,662 Sq Ft
$312/Sq Ft Est. Value

Last Sold April 24, 2014

Last sale price $280,837 $105 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $4,596/month

38 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of April 2014

Great opportunity for positive cash flow! (2)-2br/1ba units and (1) 3br/2ba unit. All 3 have small private backyards with private washer/dryer. Lots of extras added. 3 new a/c units still under warranty, all 3 kitchens remodeled w ss appliances, most bathrooms remodeled, cast iron plumbing pipes replaced. Little, if any deferred maintenance. All 3 units rented with long-term tenants. Good location, just minutes from downtown Phx and Biltmore area.

Last Agent to Sell the Property

Teresa Atkinson

Keller Williams Arizona Realty License #SA043717000 Listed on: 01/28/2014

Keller Williams Arizona Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,409

Year Built

  • Built in 1959

Lot Details

  • 9,757

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Madison Elementary School
  • Madison Park Middle School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, landscaping
  • Legal Lot and Block 1 / 4300
  • Assessor Parcel Number 163-31-036-D

Community Details

Overview

  • 3 Units
  • Building Dimensions are unknown
  • Homeside Acres Subdivision

Building Details

  • Gross Income $27,645
  • Net Operating Income $22,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,409

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 21st St & Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: m-m
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2013
  • Directions: N on 21st St to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: Homeside Acres
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Schools

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

Lot Info

  • Lot Size: unknown
  • Additional Parcels: No
  • Parcel #: 163-31-036-D

Multi Family

  • Owner Pays: Water, Landscaping
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 27645.0
  • Insurance Expense: 600.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 22740.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1409.0
  • Tax Block: 4300
  • Tax Book Number: 163.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Yanko David G
Bought by
David G Yanko Lp
Current Estimated Value
$830,125

Purchase Details

Closed on
Mar 13, 2017
Sold by
Huerta Michael Keagan
Bought by
Yanko David G

Purchase Details

Listed on
Jan 28, 2014
Closed on
Mar 24, 2014
Sold by
Arizona Equity Llc
Bought by
Huerta Michael Keagan
Seller's Agent
Teresa Atkinson
Keller Williams Arizona Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$295,000
Sold Price
$280,837
Premium/Discount to List
-$14,163
-4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$268,699
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2009
Sold by
Johnson Donald L and Johnson Marilyn
Bought by
Arizona Equity Llc

Purchase Details

Closed on
Dec 18, 2008
Sold by
Aldrich Anne
Bought by
Johnson Donald L and Johnson Marilyn I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2008
Sold by
Liquidation Properties Inc
Bought by
Aldrich Anne

Purchase Details

Closed on
Apr 25, 2008
Sold by
Demichellis Jamie and Demichellis Julio
Bought by
Liquidation Properties Inc

Purchase Details

Closed on
Feb 27, 2007
Sold by
Demichellis Julio and Demichellis Jamie
Bought by
Atlas Management Investments Llc

Purchase Details

Closed on
Nov 21, 2006
Sold by
Rayzor Kelli
Bought by
Demichellis Jamie and Demichellis Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,750
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2006
Sold by
Rayzor Investments Lp
Bought by
Rayzor Kelli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,750
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2005
Sold by
Rayzor Kelli M
Bought by
Rayzor Investments Lp

Purchase Details

Closed on
Dec 9, 2004
Sold by
Tindell Robert Lloyd and Tindell Roberta Ann
Bought by
Rayzor Kelli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,600
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 1997
Sold by
Tindell Lloyd R and Tindell Dorothy C
Bought by
Tindell Robert Lloyd and Tindell Roberta Ann

Purchase Details

Closed on
Jul 27, 1995
Sold by
Eakin Virginia L
Bought by
Tindell Lloyd R and Tindell Dorothy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,697
Interest Rate
7.61%
Mortgage Type
FHA
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
David G Yanko Lp -- None Available
Yanko David G $440,000 Wfg National Title Ins Co
Huerta Michael Keagan $268,656 Chicago Title Agency Inc
Arizona Equity Llc -- Chicago Title Agency Inc
Arizona Equity Llc -- Stewart Title & Trust Of Pho
Johnson Donald L $270,000 Stewart Title & Trust Of Pho
Aldrich Anne $202,750 First American Title
Liquidation Properties Inc $238,808 Security Title Agency
Atlas Management Investments Llc -- None Available
Demichellis Jamie $355,000 Camelback Title Agency Llc
Rayzor Kelli -- Camelback Title Agency Llc
Rayzor Investments Lp -- --
Rayzor Kelli $278,000 Security Title Agency Inc
Tindell Robert Lloyd $79,584 --
Tindell Lloyd R $82,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huerta Michael Keagan $268,699
Previous Owner Johnson Donald L $202,500
Previous Owner Demichellis Jamie $301,750
Previous Owner Rayzor Kelli $53,250
Previous Owner Rayzor Kelli $194,600
Previous Owner Tindell Lloyd R $81,697
Closed Rayzor Kelli $55,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2014 04/24/14 Sold $280,837 -4.8% $105 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $295,000 0.0% $111 / Sq Ft
08/20/2012 08/20/12 Rented $725 -3.3% --
08/06/2012 08/06/12 Under Contract -- -- --
08/01/2012 08/01/12 For Rent $750 -- --
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 $2,325 $18,722 -- --
2024 $2,263 $17,831 -- --
2023 $2,263 $66,480 $13,290 $53,190
2022 $2,196 $49,500 $9,900 $39,600
2021 $2,215 $46,000 $9,200 $36,800
2020 $2,180 $43,680 $8,730 $34,950
2019 $2,132 $33,860 $6,770 $27,090
2018 $2,080 $26,170 $5,230 $20,940
2017 $1,897 $25,320 $5,060 $20,260
2016 $1,831 $20,470 $4,090 $16,380
2015 $1,701 $17,330 $3,460 $13,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5060900

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-31-036D