NOT LISTED FOR SALE

Estimated Value: $356,000 - $504,000

1 Bed
-- Bath
1,200 Sq Ft
$348/Sq Ft Est. Value

Last Sold December 05, 2013

Last sale price $110,000 $92 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $2,230/month

9 Days on Market

Highlights

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

About This Home

As of December 2013

All remodeled, 100% full.Interior inspection only with accepted contract.

Last Agent to Sell the Property

Robert Passariello

Realty Executives Arizona Territory License #SA538257000 Listed on: 10/31/2013

Realty Executives Arizona Territory

Last Buyer's Agent

Sherri Schwartz

HomeSmart License #SA037905000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $410

Year Built

  • Built in 1931

Lot Details

  • 8,712

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 9
  • Assessor Parcel Number 111-24-083

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8700
  • Oakland Subdivision

Building Details

  • Operating Expense $2,010
  • Gross Income $13,200
  • Net Operating Income $11,669

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$410

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Cross Street: 18th dr. & Fillmore
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi family
  • Number Of Buildings: 1
  • Year Built: 1931
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Subdivision Name: Oakland
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Lot Info

  • Lot Size: 8700
  • Additional Parcels: No
  • Parcel #: 111-24-083

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 13200.0
  • Insurance Expense: 400.0
  • Property Net Operating Income: 11669.0
  • Annual Operating Expense: 2010.0

Tax Info

  • Tax Annual Amount: 410.0
  • Tax Book Number: 111.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2013
Closed on
Nov 26, 2013
Sold by
Passariello Robert and Maxey Bruce
Bought by
Kompara Timothy E
Seller's Agent
Robert Passariello
Realty Executives Arizona Territory
Buyer's Agent
Sherri Schwartz
HomeSmart
List Price
$119,000
Sold Price
$110,000
Premium/Discount to List
-$9,000
-7.56%
Current Estimated Value
$418,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,167
Avg. Annual Appreciation
11.61%

Purchase Details

Closed on
Jun 24, 2011
Sold by
Weightman Kelly Lynn
Bought by
Passariello Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,954
Interest Rate
4.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2011
Sold by
Maxey Bruce
Bought by
Passariello Robert and Maxey Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,954
Interest Rate
4.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2011
Sold by
Wilmington Trust Company
Bought by
Maxey Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,954
Interest Rate
4.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2011
Sold by
Selles Oscar
Bought by
Wilmington Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,954
Interest Rate
4.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2007
Sold by
Selles Adrienne
Bought by
Selles Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,750
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2007
Sold by
Joseph Stewart
Bought by
Selles Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,750
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Kompara Timothy E $110,000 First Arizona Title Agency
Passariello Robert -- None Available
Passariello Robert -- None Available
Maxey Bruce $45,000 Stewart Title & Trust Of Pho
Wilmington Trust Company $36,696 Accommodation
Selles Oscar -- Security Title Agency Inc
Selles Oscar $100,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Passariello Robert $44,954
Previous Owner Passariello Robert $44,954
Previous Owner Selles Oscar $102,750
Previous Owner Selles Oscar $102,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2013 12/05/13 Sold $110,000 -7.6% $92 / Sq Ft
11/08/2013 11/08/13 Pending -- -- --
10/30/2013 10/30/13 For Sale $119,000 -- $99 / 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 $703 $4,952 -- --
2024 $656 $4,716 -- --
2023 $656 $21,210 $4,240 $16,970
2022 $607 $15,100 $3,020 $12,080
2021 $604 $14,960 $2,990 $11,970
2020 $611 $11,910 $2,380 $9,530
2019 $611 $9,720 $1,940 $7,780
2018 $600 $9,600 $1,920 $7,680
2017 $584 $7,160 $1,430 $5,730
2016 $567 $5,830 $1,160 $4,670
2015 $522 $4,650 $930 $3,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5023157

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-24-083