NOT LISTED FOR SALE

Estimated Value: $965,118 - $1,284,000

1 Bed
-- Bath
3,443 Sq Ft
$325/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $510,000 $148 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $6,519/month

132 Days on Market

Highlights

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

About This Home

As of March 2017

Fourplex Only, House in the front is for sale too by different owner Listing # is 5529796
Perfect for Development just like the property in front of this one.

Last Agent to Sell the Property

Debra Gates

Realty One Scottsdale LLC License #SA107503000 Listed on: 10/07/2016

Last Buyer's Agent

Joseph Paradise

Peak Investment Properties License #BR577146000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1964

Lot Details

  • 0.25

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Block Exterior

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 8 Open Parking Spaces
  • 10 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Schools

  • Madison #1 Middle Elementary School
  • Phoenix Union Cyber High Middle School
  • Phoenix Union Cyber High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 12 / A
  • Assessor Parcel Number 163-08-019-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are unknown
  • Citrus Heights Lots 10 33 Subdivision

Building Details

  • Operating Expense $5,900
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,300

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Camelback & 27 ST
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: r
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2015
  • Directions: Camelback to 24 st south to Campell then east to 27 st and south on 27 st to property
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: CITRUS HEIGHTS LOTS 10-33
  • Tax Parcel Letter: A
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: Free-Standing Range, Disposal, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 2200.0

Schools

  • Elementary School: Madison #1 Middle School
  • High School: Phoenix Union Cyber High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Union Cyber High School

Lot Info

  • Lot Size: unknown
  • Additional Parcels: No
  • Parcel #: 163-08-019-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Insurance Expense: 1400.0
  • Property Net Operating Income: 36000.0
  • Annual Operating Expense: 5900.0

Tax Info

  • Tax Annual Amount: 2300.0
  • Tax Block: A
  • Tax Book Number: 163.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
Paradise Rose Marie and Rentschler Pamela A
Bought by
1425W12 Llc
Total Days on Market
132
Current Estimated Value
$1,118,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Outstanding Balance
$524,393
Interest Rate
7.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
$593,887

Purchase Details

Closed on
Feb 10, 2021
Sold by
1425W12llc
Bought by
Paradise Rose Marie and Rentschler Pamela A

Purchase Details

Listed on
Oct 7, 2016
Closed on
Mar 16, 2017
Sold by
Seman Properties Ii Llc
Bought by
1425W12 Llc
Seller's Agent
Debra Gates
Realty One Scottsdale LLC
Buyer's Agent
Joseph Paradise
Peak Investment Properties
List Price
$795,000
Sold Price
$510,000
Premium/Discount to List
-$285,000
-35.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$505,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2005
Sold by
Seman Harold and Seman Clara
Bought by
Seman Harold and Seman Clara

Purchase Details

Closed on
May 29, 2003
Sold by
Alvarez Horacio and Alvarez Eva
Bought by
Seman Harold and Seman Clara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 1999
Sold by
Alvarez Horacio and The Alvarez Family Trust
Bought by
Alvarez Horacio and Alvarez Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.51%
Source: Public Records

Range of Values:

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Average Value
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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
1425W12 Llc -- Pioneer Title Agency
Paradise Rose Marie -- None Available
1425W12 Llc $510,000 Grand Canyon Title Agency
Seman Harold -- --
Seman Harold $130,000 Fidelity National Title
Alvarez Horacio -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1425W12 Llc $530,000
Previous Owner 1425W12 Llc $530,000
Previous Owner Paradise Rose Marie $548,250
Previous Owner 1425W12 Llc $505,000
Previous Owner Seman Properties Ii Llc $245,000
Previous Owner Seman Properties Ii Llc $185,000
Previous Owner Seman Properties Ii Llc $150,000
Previous Owner Seman Harold $104,000
Previous Owner Alvarez Horacio $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2017 03/15/17 Sold $510,000 -2.9% $148 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
02/15/2017 02/15/17 Price Changed $525,000 -4.5% $152 / Sq Ft
11/28/2016 11/28/16 Price Changed $550,000 -30.8% $160 / Sq Ft
10/07/2016 10/07/16 For Sale $795,000 -- $231 / 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 $2,902 $23,366 -- --
2024 $2,824 $22,253 -- --
2023 $2,824 $95,780 $19,150 $76,630
2022 $2,740 $78,460 $15,690 $62,770
2021 $2,764 $64,530 $12,900 $51,630
2020 $2,721 $47,750 $9,550 $38,200
2019 $2,661 $39,300 $7,860 $31,440
2018 $2,596 $30,600 $6,120 $24,480
2017 $2,473 $29,920 $5,980 $23,940
2016 $2,388 $24,510 $4,900 $19,610
2015 $2,218 $21,210 $4,240 $16,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5512288

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-08-019A