NOT LISTED FOR SALE

Estimated Value: $624,000 - $764,483

Studio
6 Baths
1,494 Sq Ft
$463/Sq Ft Est. Value

Last Sold December 30, 2014

Last sale price $350,000 $234 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,583/month

442 Days on Market

Highlights

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

About This Home

As of December 2014

GREAT OPPORTUNITY FOR A SIX UNIT COMPLEX ON NEAR A HALF AN ACRE IN THE BILTMORE AREA. PROPERTY IS ZONED FOR 2 TO 4 DUPLEXES, AND THERE ARE CURRENTLY 3 ON PROPERTY. CURRENTLY ALL 6 UNITS ARE RENTED. AVERAGE RENTS ARE CURRENTLY $500/UNIT. THIS PROPERTY IS GREAT TO BUILD UP OR REMODEL UNITS.

Last Agent to Sell the Property

Andrew Sammis

My Home Group Real Estate License #SA515927000 Listed on: 06/07/2013

My Home Group Real Estate

Last Buyer's Agent

Paul Gorraiz

Key Realty Ventures License #BR569577000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 1956

Lot Details

  • 10,542

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 1 Open Parking Space
  • 7 Parking Spaces
  • 6 Covered Spaces
  • Common or Shared Parking

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV
  • The owner pays for trash collection, landscaping
  • Tax Lot 17
  • Assessor Parcel Number 163-08-039-A

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Building Dimensions are 70 X 297
  • Citrus Heights Subdivision

Building Details

  • Gross Income $34,200
  • Net Operating Income $2,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,431

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: 28TH STREET AND CAMELBACK
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MM
  • Number Of Buildings: 3
  • Year Built: 1956
  • Tax Year: 2012
  • Road Surface Type: Concrete
  • Subdivision Name: CITRUS HEIGHTS
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, 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:Green Landscaping: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Madison Camelview Elementary
  • High School: Camelback High School
  • Middle Or Junior School: Madison Park School

Lot Info

  • Lot Size: 70 X 297
  • Additional Parcels: No
  • Parcel #: 163-08-039-A

Multi Family

  • Owner Pays: Trash Collection, Landscaping
  • Tenant Pays: Water, Sewer, Cable TV
  • Number Of Units Total: 6
  • Annual Gross Income: 34200.0
  • Insurance Expense: 925.0
  • Maintenance Expense: 4800.0
  • Property Net Operating Income: 2850.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1431.0
  • Tax Book Number: 163.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Arcadia Townhomes Llc
Bought by
Rosedale Residence Hoa Inc
Current Estimated Value
$691,828
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rosedale Residence Hoa Inc -- Accommodation
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2014 12/30/14 Sold $350,000 -27.8% $234 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
06/06/2013 06/06/13 For Sale $485,000 -- $325 / 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 $10 $75 $75 --
2024 $10 $75 $75 --
2023 $10 $75 $75 $0
2022 $10 $75 $75 $0
2021 $11 $75 $75 $0
2020 $11 $75 $75 $0
2019 $11 $75 $75 $0
2018 $12 $75 $75 $0
2017 $12 $75 $75 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4948533

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-08-298