NOT LISTED FOR SALE

Estimated Value: $685,240 - $1,113,000

-- Bed
-- Bath
3,560 Sq Ft
$247/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $350,000 $98 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $4,848/month

14 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of November 2016

Great location. Tenants have access to light rail stations, one one at 19th Ave and the other at 7th Ave.
Schoools are close by. this unit is well maintained and easy to rent. No deferred maintenance. Private courtyard for tenants enjoyment.

Last Agent to Sell the Property

Thomas Rizen

RAN Realty & Property Management License #BR006348000 Listed on: 10/20/2016

Co-Listed By

Diane Rizen

RAN Realty & Property Management License #BR040718000

Last Buyer's Agent

Josh Nies

HomeSmart License #SA560810000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 1958

Lot Details

  • 0.26

Home Design

  • Composition Roof
  • Block Exterior

Parking

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

Schools

  • Longview Elementary School
  • Osborn Middle School
  • Phoenix Union Cyber High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 155-43-184

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Grandview Highlands Subdivision

Building Details

  • Operating Expense $10,237
  • Gross Income $30,593
  • Net Operating Income $26,997

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,562

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 7th Ave/Campbell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1958
  • Tax Year: 2015
  • Directions: West on Campbell to 12th ave. North on 12th Ave to property.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cere52
  • Co List Office Phone: 480-844-0600
  • Subdivision Name: GRANDVIEW HIGHLANDS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 500.0
  • Annual Water Sewer Expense: 4451.0

Schools

  • Elementary School: Longview Elementary School
  • High School: Phoenix Union Cyber High School
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 155-43-184

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Electric Expense: 414.0
  • Annual Gross Income: 30592.8
  • Maintenance Expense: 1680.0
  • Property Net Operating Income: 26997.0
  • Annual Operating Expense: 10237.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1562.0
  • Tax Book Number: 155.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2016
Closed on
Nov 23, 2016
Sold by
Sofar Properties Llc
Bought by
Haley Mark V and Weirauch Elizabeth S
Seller's Agent
Thomas Rizen
RAN Realty & Property Management
Buyer's Agent
Josh Nies
HomeSmart
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%
Current Estimated Value
$880,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,560
Avg. Annual Appreciation
10.77%
Original Mortgage
$262,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2014
Closed on
Feb 25, 2014
Sold by
Virani Moez R and Virani Vivienne C
Bought by
Sofar Properties Llc
Seller's Agent
Artur Ciesielski
HomeSmart
Buyer's Agent
Thomas Rizen
RAN Realty & Property Management
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$185,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2014
Closed on
Feb 11, 2014
Sold by
Household Properties Llc
Bought by
Virani Moez R and Virani Vivienne C
Seller's Agent
Artur Ciesielski
HomeSmart
Buyer's Agent
Thomas Rizen
RAN Realty & Property Management
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
Gaffney John T
Bought by
Household Propertis Llc

Purchase Details

Closed on
Feb 16, 2011
Sold by
Cira Asset Management Llc
Bought by
Gaffney John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,708
Interest Rate
4.67%
Mortgage Type
VA

Purchase Details

Closed on
Jul 21, 2010
Sold by
Defrates Earl
Bought by
Cira Asset Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2010
Sold by
Defrates Dianna
Bought by
Defrates Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 24, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Defrates Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 9, 2010
Sold by
Avila Martinez Patricia
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 5, 2007
Sold by
Oliveras Juan
Bought by
Avila Martinez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,800
Interest Rate
6.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 4, 2007
Sold by
Martinez Jose
Bought by
Avila Martinez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,800
Interest Rate
6.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 6, 2002
Sold by
Olivares Estela
Bought by
Olivares Juan

Purchase Details

Closed on
May 31, 2002
Sold by
Landi Robert
Bought by
Olivares Juan

Purchase Details

Closed on
Jul 28, 2000
Sold by
Landi Diana
Bought by
Landi Robert
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
Haley Mark V $350,000 American Title Svc Agency Ll
Sofar Properties Llc -- None Available
Virani Moez R $260,000 Chicago Title Agency Inc
Household Propertis Llc -- None Available
Gaffney John T $219,000 Fidelity National Title
Cira Asset Management Llc -- None Available
Defrates Earl -- None Available
Defrates Earl $90,000 None Available
Deutsche Bank National Trust Company $348,481 None Available
Avila Martinez Patricia $388,000 Camelback Title Agency Llc
Avila Martinez Patricia -- Camelback Title Agency Llc
Olivares Juan -- Lawyers Title Of Arizona Inc
Olivares Juan $190,000 Lawyers Title Of Arizona Inc
Landi Robert -- Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haley Mark V $262,500
Previous Owner Virani Moez R $185,000
Previous Owner Gaffney John T $223,708
Previous Owner Avila Martinez Patricia $38,800
Previous Owner Avila Martinez Patricia $38,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2016 11/29/16 Sold $350,000 -2.8% $98 / Sq Ft
10/20/2016 10/20/16 For Sale $360,000 +38.5% $101 / Sq Ft
02/13/2014 02/13/14 Sold $260,000 -1.9% $73 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $265,000 -- $74 / 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 $2,154 $17,168 -- --
2024 $2,081 $16,350 -- --
2023 $2,081 $67,120 $13,420 $53,700
2022 $2,070 $45,920 $9,180 $36,740
2021 $2,105 $38,900 $7,780 $31,120
2020 $2,051 $31,900 $6,380 $25,520
2019 $1,963 $27,250 $5,450 $21,800
2018 $1,898 $23,420 $4,680 $18,740
2017 $1,742 $19,730 $3,940 $15,790
2016 $1,681 $17,460 $3,490 $13,970
2015 $1,562 $15,700 $3,140 $12,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5514009

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-43-184