NOT LISTED FOR SALE

Estimated Value: $300,000 - $918,000

-- Bed
8 Baths
3,314 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $475,000 $143 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,334/month

125 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of August 2016

Prime central N/E Phoenix location near major bus lines and 51 freeways! This sale includes adjacent parcel 155-12-064. Property consists of 3-duplexes (all 1b/1b's)and a 3 bed 2 bath home for 7 units total! Can be sold as a 3 unit (4604 ) & 4 unit (4610 ) can use residential financing .Great for live on owner who can live in freestanding 3br/2bath unit Property well kept. Features include mostly all tile flooring, copper plumbing throughout, and individual A/C/heat pump units. Please do not disturb tenants, no sign on property. Buyer to verify all facts and figures.Shown with accepted offer.

Last Agent to Sell the Property

James Richardson

West USA Realty License #SA018147000 Listed on: 04/28/2016

West USA Realty

Last Buyer's Agent

Raquel Casian

Compass License #SA645170000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 1954

Lot Details

  • 7,667

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Parking

  • 2 Open Parking Spaces
  • 7 Parking Spaces
  • 5 Covered Spaces
  • Common or Shared Parking

Schools

  • Acacia Elementary School
  • Acacia Elementary High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 155-12-063

Community Details

Overview

  • 4 Buildings
  • 7 Units
  • Building Dimensions are 7688
  • Hixson Homes Subdivision

Building Details

  • Operating Expense $8,647
  • Net Operating Income $46,782

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,814

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: 12th Street/Camelback
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi Family
  • Number Of Buildings: 4
  • Year Built: 1954
  • Tax Year: 2015
  • Directions: S to Meadowbrook, W to NW corner of 11th Place & Meadowbrook
  • Road Surface Type: Asphalt, Alley
  • Subdivision Name: Hixson Homes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Annual Fuel Expense: 480.0
  • Trash Expense: 1000.0
  • Annual Water Sewer Expense: 2000.0

Schools

  • Elementary School: Acacia Elementary School
  • High School: Acacia Elementary School
  • Middle Or Junior School: Acacia Elementary School

Lot Info

  • Lot Size: 7688
  • Additional Parcels: Yes
  • Parcel #: 155-12-063

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 7
  • Insurance Expense: 2153.0
  • Property Net Operating Income: 46781.52
  • Annual Operating Expense: 8647.0

Tax Info

  • Tax Annual Amount: 1814.0
  • Tax Book Number: 155.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2016
Closed on
Aug 25, 2016
Sold by
Carrillo Rodolfo and Carrillo Petra
Bought by
Latora Louis and Latora John Luke Salvatore
Seller's Agent
James Richardson
West USA Realty
Buyer's Agent
Raquel Casian
Compass
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Current Estimated Value
$609,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,025
Avg. Annual Appreciation
2.77%

Purchase Details

Closed on
Feb 20, 2004
Sold by
Black Suzanne I
Bought by
Carrillo Rodolfo and Carrillo Petra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2003
Sold by
Atteberry Paul
Bought by
Black Suzanne I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2001
Sold by
Sanders Brian P
Bought by
Atteberry Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 1998
Sold by
Veda Quest Ltd Partnership
Bought by
Sanders Brian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,250
Interest Rate
7.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Latora Louis $475,000 Empire West Title Agency
Carrillo Rodolfo $187,000 Chicago Title Insurance Co
Black Suzanne I $180,000 Chicago Title Insurance Co
Atteberry Paul $123,000 First American Title Ins Co
Sanders Brian P $92,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carrillo Rodolfo $193,600
Previous Owner Black Suzanne I $135,000
Previous Owner Atteberry Paul $110,700
Previous Owner Sanders Brian P $83,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $475,000 -9.5% $143 / Sq Ft
04/28/2016 04/28/16 For Sale $525,000 -- $158 / 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 $1,262 $10,164 -- --
2024 $1,229 $9,680 -- --
2023 $1,229 $49,930 $9,980 $39,950
2022 $1,192 $35,350 $7,070 $28,280
2021 $1,202 $29,870 $5,970 $23,900
2020 $1,184 $23,750 $4,750 $19,000
2019 $1,157 $20,010 $4,000 $16,010
2018 $1,129 $16,100 $3,220 $12,880
2017 $1,076 $16,260 $3,250 $13,010
2016 $1,039 $12,230 $2,440 $9,790
2015 $965 $9,420 $1,880 $7,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5435019

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-12-063