NOT LISTED FOR SALE

Estimated Value: $576,000 - $747,000

-- Bed
-- Bath
2,400 Sq Ft
$263/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $540,100 $225 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,613/month

3 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of May 2021

2 Units rented out with new year leases at $1,250.00/month. All units have new paint, flooring, granite, light fixtures.

Per seller, only view middle unit that is vacant. No showings available on occupied units until we have an accepted offer. Do not disturb tenants.

Last Listed By

Jose Carreon

Balboa Realty, LLC License #SA687310000 Listed on: 04/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,343

Year Built

  • Built in 1983

Lot Details

  • 9,409

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot 153
  • Assessor Parcel Number 140-15-166

Community Details

Overview

  • 3 Units
  • Building Dimensions are 9412
  • Greenfield Estates Unit 2 Subdivision

Building Details

  • Operating Expense $1,343
  • Gross Income $3,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,343

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Greenfield and University
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-family
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2020
  • Directions: East on University North on Quinn East on Caballero Property on N side of the street.
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENFIELD ESTATES UNIT 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: 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: 9412
  • Additional Parcels: No
  • Parcel #: 140-15-166

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 3
  • Annual Gross Income: 3750.0
  • Annual Operating Expense: 1343.0

Tax Info

  • Tax Annual Amount: 1343.0
  • Tax Book Number: 140.00
  • Tax Lot: 153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 7, 2021
Sold by
Garcias Property Investments Llc
Bought by
Equity Trust Company
Seller's Agent
Jose Carreon
Balboa Realty, LLC
Buyer's Agent
Nikki Jackson
Keller Williams Realty Sonoran Living
List Price
$529,950
Sold Price
$540,100
Premium/Discount to List
$10,150
1.92%
Total Days on Market
3
Current Estimated Value
$631,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,095
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
Oct 29, 2020
Sold by
Barron Sabino Arroyo
Bought by
Garcias Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2005
Sold by
Bear David W and Bear Marva Lynn
Bought by
Barron Sabino Arroyo and Arroyo Rita

Purchase Details

Closed on
Oct 30, 2002
Sold by
Bear David W and Bear Marva Lynn
Bought by
Bear David W and Bear Marva Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.99%

Purchase Details

Closed on
Jul 7, 1998
Sold by
Bear David W and Bear Marva L
Bought by
Bear David W and Bear Marva Lynn

Range of Values:

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Average Value
Not Available
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
Equity Trust Company $530,000 United Title Agency
Garcias Property Investments Llc $290,000 Title Alliance Of Phoenix Ag
Barron Sabino Arroyo $292,000 Fidelity National Title
Bear David W -- Transnation Title Insurance
Bear David W -- Transnation Title Insurance
Bear David W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcias Property Investments Llc $310,000
Previous Owner Bear David W $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $540,100 +1.9% $225 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $529,950 -- $221 / 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 $1,370 $13,508 -- --
2024 $1,381 $12,865 -- --
2023 $1,381 $37,610 $7,520 $30,090
2022 $1,353 $29,070 $5,810 $23,260
2021 $1,362 $24,180 $4,830 $19,350
2020 $1,343 $22,230 $4,440 $17,790
2019 $1,257 $17,820 $3,560 $14,260
2018 $1,205 $16,920 $3,380 $13,540
2017 $1,170 $13,910 $2,780 $11,130
2016 $1,143 $13,300 $2,660 $10,640
2015 $1,076 $11,420 $2,280 $9,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6222412

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-166