NOT LISTED FOR SALE

Estimated Value: $428,000 - $484,000

Studio
-- Bath
1,848 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $168,700 $91 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,472/month

17 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of May 2014

NO HOA. Individually Metered! Outstanding Duplex has excellent curb appeal with Desert Landscaping on a quiet street. Each unit has a great floorplan - Unit one has 2 bedrooms/2 baths and Unit two has 2 bedrooms/1 bath, both with newer vanities and water heater. Beautiful large bedrooms in each unit, newer kitchen in Unit one, both have a large backyard and a 10x19 covered patio. Each unit has a washer/dryer hookup in the storage room plus a carport and parking for two. Unit two has an extra parking space for a boat or RV. Block wall surrounds the yard. Tenants pay all utilities! Buyer to verify all information to their satisfaction including MLS information.

Last Agent to Sell the Property

George Akers

Better Homes & Gardens Real Estate SJ Fowler License #SA533875000 Listed on: 04/05/2014

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Jose Munoz

DPR Realty LLC License #SA530866000

DPR Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $768

Year Built

  • Built in 1980

Lot Details

  • 7,536

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

  • O'connor Elementary School
  • Shepherd Junior High School
  • Red Mountain High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer, landscaping
  • Tax Lot 24
  • Assessor Parcel Number 140-15-036

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRR - 7551 sf
  • Green Field Estates Subdivision

Building Details

  • Operating Expense $1,938
  • Gross Income $15,960
  • Net Operating Income $14,790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$768

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: University and Greenfield
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2013
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: Green Field Estates
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • 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:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Elementary School: O'Connor Elementary School
  • High School: Red Mountain High School
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: IRR - 7551 sf
  • Additional Parcels: No
  • Parcel #: 140-15-036

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 15960.0
  • Insurance Expense: 670.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 14790.0
  • Annual Operating Expense: 1938.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 768.0
  • Tax Book Number: 140.00
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2014
Closed on
May 13, 2014
Sold by
Dutton Mark K
Bought by
Garcia Rogelio
Seller's Agent
George Akers
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jose Munoz
DPR Realty LLC
List Price
$171,000
Sold Price
$168,700
Premium/Discount to List
-$2,300
-1.35%
Current Estimated Value
$453,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,303
Avg. Annual Appreciation
8.88%
Original Mortgage
$116,250
Outstanding Balance
$88,264
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$364,739

Purchase Details

Closed on
Oct 29, 1999
Sold by
Schaiberger Michael G and Schaiberger Colleen M
Bought by
Dutton Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
9.99%
Mortgage Type
New Conventional
Source: Public Records
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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
Garcia Rogelio $168,700 American Title Service Agenc
Dutton Mark W $108,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Rogelio $116,250
Previous Owner Dutton Mark W $88,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $168,700 -1.3% $91 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
04/05/2014 04/05/14 For Sale $171,000 -- $93 / 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 $1,261 $12,436 -- --
2024 $1,171 $11,844 -- --
2023 $1,171 $32,450 $6,490 $25,960
2022 $1,147 $24,530 $4,900 $19,630
2021 $1,163 $20,470 $4,090 $16,380
2020 $1,147 $18,710 $3,740 $14,970
2019 $1,069 $15,010 $3,000 $12,010
2018 $1,022 $14,450 $2,890 $11,560
2017 $992 $11,810 $2,360 $9,450
2016 $969 $11,000 $2,200 $8,800
2015 $915 $9,630 $1,920 $7,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5096232

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-036