NOT LISTED FOR SALE

Estimated Value: $517,000 - $746,000

-- Bed
-- Bath
-- Sq Ft
0.3 Acres

Last Sold February 01, 2012

Last sale price $60,000

Est. 952% increase in value since last sale

Current estimated payment $3,422/month

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Painted or Stained Flooring

About This Home

As of February 2012

Limited info at this time - more to come.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 12/31/2010

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

Lois Kaipainen

Income Property Shop License #SA567276000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1963

Lot Details

  • 0.3

Parking

  • On-Street Parking

Home Design

  • Composition Shingle Roof
  • Block Exterior

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Vinyl

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV, electric, gas
  • The owner pays for landscaping, sewer, trash collection, water

Community Details

Overview

  • $1,503 per year Dock Fee
  • 3 Units
  • Building Dimensions are irr

Building Details

  • Insurance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,402

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: F/S Oven/Range, Refrigerator
  • Construction Finish: Painted
  • Cross Street: Turney/23rd Ave
  • Floors: Carpet, Vinyl
  • Legal Info Lot Number: 2
  • Legal Info Range: 2E
  • Legal Info Section: 24
  • Legal Info Township: 2N
  • Roads Streets: Asphalt
  • Property Type: F
  • Hundred Block: 4300
  • Legal Description Abbrev: FRUITLAND ACRES 9-11, 13-16
  • Marketing Name: W Phx Short Sale
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 3.00
  • Map Code Grid: P34
  • Year Built: 1963
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished

Exterior Features

  • Roofing: Comp Shingle
  • Construction: Block

Garage/Parking

  • Parking: <1 Space Per Unit, Street Parking
  • Total Parking Spaces: 5.00
  • Covered Parking Spaces: 2.00

Utilities

  • Water: City Franchise
  • Electric: APS
  • Gas: SW Gas
  • Cooling: Electric, Individual
  • Heating: Individual, Natural Gas

Condo/Co-op/Association

  • Community Amenities: See Remarks

Lot Info

  • Lot Size: irr

Multi Family

  • Income And Expenses Adjusted Gross Inc: 16200.00
  • Income And Expenses Annual Ins Exp: 1000.00
  • Income And Expenses Annual Landscape Exp: 500.00
  • Income And Expenses Annual Maint Exp: 1500.00
  • Income And Expenses Annual Trash Exp: 1200.00
  • Income And Expenses Annual Water Sewer Exp: 1440.00
  • Income And Expenses Gross Annual Sch Inc: 18000.00
  • Income And Expenses Net Operating Income: 9057.00
  • Income And Expenses Operating Exp: 7143.00
  • Income And Expenses Totl Mnth Rntal Inc: 1500.00
  • Income And Expenses Vacancy Allowance: 0.10
  • Owner Pays: Landscaping, Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electric, Gas
  • Total Numberof Buildings: 1
  • Total Numberof Units: 3.00

Tax Info

  • Taxes: 1503.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2013
Sold by
Benjamins Sally
Bought by
Acosta Victor D and Acosta Ricardo
Current Estimated Value
$631,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$42,452
Interest Rate
3.37%
Mortgage Type
Seller Take Back
Estimated Equity
$589,048

Purchase Details

Listed on
Dec 31, 2010
Closed on
Jan 26, 2012
Sold by
Acosta Jose Luis and Acosta Bertha Alicia
Bought by
Benjamins Sally
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$50,000
Sold Price
$60,000
Premium/Discount to List
$10,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.67%

Purchase Details

Closed on
Jun 15, 2006
Sold by
Mairel Pamela A
Bought by
Acosta Jose Luis and Acosta Bertha Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2005
Sold by
Westwood Alex and Westwood Ana
Bought by
Mairel Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,749
Interest Rate
7.62%
Mortgage Type
New Conventional
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
Acosta Victor D $60,000 Magnus Title Agency
Benjamins Sally $60,000 Chicago Title
Acosta Jose Luis $264,000 Fidelity National Title
Mairel Pamela A $199,687 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Victor D $60,000
Previous Owner Acosta Jose Luis $211,200
Previous Owner Mairel Pamela A $159,749
Closed Mairel Pamela A $39,937
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2012 02/01/12 Sold $60,000 +20.0% --
12/31/2010 12/31/10 Pending -- -- --
12/31/2010 12/31/10 For Sale $50,000 -- --
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 $1,402 $8,868 -- --
2024 $1,280 $8,446 -- --
2023 $1,280 $41,330 $8,260 $33,070
2022 $1,260 $30,460 $6,090 $24,370
2021 $1,272 $26,210 $5,240 $20,970
2020 $1,223 $22,280 $4,450 $17,830
2019 $1,208 $18,210 $3,640 $14,570
2018 $1,115 $15,560 $3,110 $12,450
2017 $1,101 $14,460 $2,890 $11,570
2016 $1,055 $12,610 $2,520 $10,090
2015 $998 $10,720 $2,140 $8,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4513841

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-17-007G