Seller's Agent in 2021
Mark Gunning
West USA Realty
(480) 776-3176
1 in this area
67 Total Sales
45 N Phoenix St Florence, AZ 85132
Estimated Value: $413,000 - $559,000
Studio
--
Bath
2,880
Sq Ft
$176/Sq Ft
Est. Value
About This Home
As of December 2021Well maintained manicured 4-plex rental property with great curb appeal.
The landscaping has been redone with new irrigation system, rock and new trees. New water meters. Plenty of parking in a huge lot with 8 spaces and additional street parking, also includes Handicap parking. Four designated storage units, one for each tenant. Concrete driveway, newer exterior paint, updated stucco. Some newer windows. Roof was replaced 8 yrs ago. Rents are month to month and tenants are solid. In this market cap rate could reflect up to 7%.
These nice, clean units have 2 bedrooms & 1 bath. Tile and vinyl flooring. Interior paint is very clean. Each unit has GE appliances, and window blinds. DRIVE BY ONLY! PLEASE DO NOT DISTURB THE TENANTS!
Last Agent to Sell the Property
West USA Realty License #SA018139000 Listed on: 10/30/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,096
Year Built
- Built in 1984
Lot Details
- 0.33
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Assigned Parking
Schools
- Florence K-8 Elementary School
- Florence High Middle School
- Florence High School
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- The owner pays for landscaping
- Assessor Parcel Number 200-50-075
Community Details
Overview
- 4 Units
- Building Dimensions are 76.50 x 186.29
- Phoenix Butte Apartments Subdivision
Building Details
- Operating Expense $3,849
- Gross Income $30,723
- Net Operating Income $25,206
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 30, 2021
Closed on
Dec 14, 2021
Sold by
Cotton 2007 Family Limited Partnership
Bought by
Blue Water Group Llc
Seller's Agent
Mark Gunning
West USA Realty
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$549,900
Sold Price
$549,000
Premium/Discount to List
-$900
-0.16%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,162
Avg. Annual Appreciation
-1.83%
Original Mortgage
$326,000
Outstanding Balance
$299,309
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$208,529
Purchase Details
Closed on
Aug 3, 2007
Sold by
Cotton Marilyn H
Bought by
Cotton 2007 Family Lp
Purchase Details
Closed on
Aug 2, 2007
Sold by
Cotton Howard V
Bought by
Cotton Marilyn H
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Blue Water Group Llc | $549,900 | Security Title | |
| Cotton 2007 Family Lp | -- | None Available | |
| Cotton Marilyn H | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Blue Water Group Llc | $326,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/20/2021 12/20/21 | Sold | $549,000 | -0.2% | $191 / Sq Ft |
| 10/29/2021 10/29/21 | For Sale | $549,900 | -- | $191 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,077 | $17,921 | -- | -- |
| 2024 | $1,052 | $17,848 | -- | -- |
| 2023 | $1,135 | $13,436 | $0 | $0 |
| 2022 | $1,052 | $11,957 | $2,203 | $9,754 |
| 2021 | $1,096 | $12,297 | $0 | $0 |
| 2020 | $1,004 | $12,276 | $0 | $0 |
| 2019 | $998 | $12,262 | $0 | $0 |
| 2018 | $959 | $11,655 | $0 | $0 |
| 2017 | $924 | $11,299 | $0 | $0 |
| 2016 | $906 | $11,520 | $1,467 | $10,053 |
| 2014 | -- | $6,052 | $861 | $5,191 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Gunning
-
Rick Horst
Buyer's Agent in 2021
Rick Horst
Keller Williams Arizona Realty
(480) 767-3014
1 in this area
32 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6314386
APN: 200-50-075
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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