NOT LISTED FOR SALE
11 Beds
-- Baths
14,885 Sq Ft
1952 Built

Sale Details

Date Sold: December 16, 2020

Last sale price $1,365,000 $92 Per Sq Ft

63 Days on Market

About This Home

As of December 2020

Longview Apartments is a low density, garden style community of nine individual residential units located in a convenient central Phoenix neighborhood. Comprised of a majority one bed one bath units and one three bedroom home, all units have been extensively updated to provide a more current aesthetic. Interior finishes include quartz countertops, stainless steel appliances, hardwood style plank flooring, contemporary fixtures and new paint. The exterior was also refreshed. All units have separate private patios, five of the units have an in suite washer/dryer, and four units share laundry.

The property has been recently stabilized and offers proven cash flow. A value add opportunity exists through continued streamlined operations, leveraging lot with improved community amenities.

Last Agent to Sell the Property

Victoria Miachika

REI Marketing License #BR639322000 Listed on: 08/11/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,057

Year Built

  • Built in 1952

Parking

  • Common or Shared Parking

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 12 / 2
  • Assessor Parcel Number 155-08-015

Community Details

Overview

  • 5 Buildings
  • 9 Units
  • Building Dimensions are .56
  • Meadowbrook Tract Blk 1 Subdivision

Building Details

  • Operating Expense $2,057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,057

Year Built

Built in 1952

Listing Details

  • Cross Street: 12th St and Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 5
  • Year Built: 1952
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Subdivision Name: MEADOWBROOK TRACT BLK 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Common
  • Attached Garage: No
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • 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

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Lot Info

  • Lot Size: .56
  • Additional Parcels: No
  • Parcel #: 155-08-015

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 9
  • Annual Operating Expense: 2057.0

Tax Info

  • Tax Annual Amount: 2057.0
  • Tax Block: 2
  • Tax Book Number: 155.00
  • Tax Lot: 12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Dec 16, 2020
Sold by
Cranmer Family Trust and Elizabeth Cranmer
Bought by
Seller's Agent
Victoria Miachika
REI Marketing
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,375,000
Sold Price
$1,365,000
Premium/Discount to List
-$10,000
-0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,200
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2019
Sold by
Oneill Lowe Re Investment Partners Inc
Bought by
The Cranner Family Trust

Purchase Details

Closed on
Jul 27, 2018
Sold by
Scooter Investments Llc
Bought by
Neill Scott O and Lowe Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,015
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 23, 2018
Sold by
Lowe Jennifer and Lowe Chris
Bought by
Lowe Chris and Lowe Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,015
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 18, 2015
Sold by
Craf I Llc
Bought by
Scooter Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
May 29, 2012
Closed on
Aug 30, 2012
Sold by
Pigrussell Holdings Lp
Bought by
Craf I Llc
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Ian Chait
Barrett Real Estate
List Price
$219,000
Sold Price
$200,000
Premium/Discount to List
-$19,000
-8.68%

Purchase Details

Closed on
May 12, 2010
Sold by
Paying Cash For Houses Com Llc
Bought by
Pigrussell Holdings Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.21%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2010
Sold by
Kain Bryan D and Kain Janice K
Bought by
Payingcashforhouses Com Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2007
Sold by
Kain Bryan D and Kain Janice K
Bought by
Kain Bryan D and Kain Janice K

Purchase Details

Closed on
Apr 13, 2004
Sold by
Palm Village Apartments Llc
Bought by
Kain Bryan D and Kain Janice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2003
Sold by
Skalak William H and Skalak Elizabeth E
Bought by
Palm Village Apartments Llc

Purchase Details

Closed on
Aug 8, 1997
Sold by
Bacon Proctor Monica C
Bought by
Skalak William H and Skalak Elizabeth E

Purchase Details

Closed on
Jul 11, 1974
Sold by
Defloria Kathleen A and Smith Phyllis A
Bought by
Glenn Robert A

Purchase Details

Closed on
Feb 4, 1972
Sold by
Gardner Frank W and Gardner Agnes C
Bought by
Defloria Kathleen A and Smith Phyllis A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,350,000 Old Republic Title
The Cranner Family Trust $1,275,000 Old Republic Title Agency
Neill Scott O $670,000 Thomas Title & Escrow
Lowe Chris -- Thomas Title & Escrow Agency
Scooter Investments Llc $260,000 Great Amer Title Agency Inc
Craf I Llc $200,000 Driggs Title Agency Inc
Pigrussell Holdings Lp $150,000 Magnus Title Agency
Payingcashforhouses Com Llc $90,001 None Available
Kain Bryan D -- None Available
Kain Bryan D $320,000 Security Title Agency
Palm Village Apartments Llc -- --
Skalak William H -- Fidelity Title
Glenn Robert A -- Title Insurance Co Minnesota
Defloria Kathleen A -- Title Insurance Co Minnesota
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $962,500
Closed Kas Investments Llc $645,200
Previous Owner Neill Scott O $666,015
Previous Owner Scooter Investments Llc $245,000
Previous Owner Scooter Investments Llc $245,000
Previous Owner Scooter Investments Llc $245,000
Previous Owner Payingcashforhouses Com Llc $56,000
Previous Owner Kain Bryan D $240,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2020 12/16/20 Sold $1,365,000 -0.7% $92 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $1,375,000 +587.5% $92 / Sq Ft
08/30/2012 08/30/12 Sold $200,000 -8.7% -- View Prior Sale
07/31/2012 07/31/12 Pending -- -- --
05/29/2012 05/29/12 For Sale $219,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,353 $18,065
2024 $2,184 $17,205
2023 $2,184 $101,250 $20,250 $81,000
2022 $2,119 $76,560 $15,310 $61,250
2021 $2,137 $72,320 $14,460 $57,860
2020 $2,104 $38,650 $7,730 $30,920
2019 $2,057 $36,350 $7,270 $29,080
2018 $2,007 $32,350 $6,470 $25,880
2017 $1,912 $28,280 $5,650 $22,630
2016 $1,846 $21,820 $4,360 $17,460
2015 $1,715 $16,620 $3,320 $13,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6115874

Arizona Regional Multiple Listing Service (ARMLS)
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