NOT LISTED FOR SALE

Estimated Value: $239,000 - $341,000

-- Bed
2 Baths
716 Sq Ft
$414/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $170,000 $237 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,580/month

42 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of June 2018

Two separate homes on a large lot near Downtown Phoenix! Unit 1 is a 2 bed/1 bath unit and Unit 2 is a 3 bed/2 bath unit. Tenants paying $519/month (month-to-month) in unit 1 and $639/month (12-month lease expiring 11/30) in unit 2, for total monthly rents of $1,158. Do not disturb tenants.

Last Agent to Sell the Property

James Lanier

Lanier Real Estate, LLC License #BR649257000 Listed on: 03/30/2018

Last Buyer's Agent

Angie Stickle

Jay Chodock License #BR648015000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $635

Year Built

  • Built in 1943

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Free Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for gas, electricity
  • Tax Lot 24
  • Assessor Parcel Number 113-37-030

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 60 x 192
  • Bailie Sub Subdivision

Building Details

  • Operating Expense $635

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$635

Year Built

Built in 1943

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 7th St & Broadway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1943
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Subdivision Name: BAILIE SUB
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features Free2: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 60 x 192
  • Additional Parcels: No
  • Parcel #: 113-37-030

Multi Family

  • Owner Pays: Gas, Electricity
  • Number Of Units Total: 2
  • Annual Operating Expense: 635.0

Tax Info

  • Tax Annual Amount: 635.0
  • Tax Book Number: 113.00
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jun 22, 2018
Sold by
Empire Dawn Llc
Bought by
Trejo Gilberto C Molina
Seller's Agent
James Lanier
Lanier Real Estate, LLC
Buyer's Agent
Angie Stickle
Jay Chodock
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Current Estimated Value
$296,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,516
Avg. Annual Appreciation
7.55%
Original Mortgage
$166,920
Outstanding Balance
$146,309
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$150,207

Purchase Details

Closed on
Apr 7, 2015
Sold by
Levine Jonathan S
Bought by
Empire Dawn Llc

Purchase Details

Closed on
Dec 2, 2010
Sold by
Ramirez Pedro
Bought by
Brandory Investments Llc

Purchase Details

Closed on
Sep 9, 2003
Sold by
Ramirez Gaudencia
Bought by
Ramirez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,075
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2003
Sold by
Bass Larry
Bought by
Buelna Francisco and Buelna Elena

Purchase Details

Closed on
Dec 12, 2002
Sold by
Bass Patricia
Bought by
Bass Larry

Purchase Details

Closed on
Jul 25, 1994
Sold by
Smith Wilbur J and Smith Lali S
Bought by
Bass Larry and Bass Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
8.51%
Mortgage Type
Seller Take Back
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
Trejo Gilberto C Molina $170,000 Empire West Title Agency Llc
Empire Dawn Llc -- Security Title Agency
Levine Jonathan S -- Security Title Agency
Bron Investments Llc $251,664 Security Title Agency
Propiedades Perfectos Llc -- Security Title Agency
Brandory Investments Llc $40,100 None Available
Ramirez Pedro -- First American Title Ins Co
Ramirez Pedro $88,500 First American Title Ins Co
Buelna Francisco $37,500 Century Title Agency Inc
Bass Larry -- --
Bass Larry $20,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trejo Gilberto C Molina $166,920
Previous Owner Ramirez Pedro $84,075
Previous Owner Bass Larry $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2018 06/25/18 Sold $170,000 +0.1% $237 / Sq Ft
04/26/2018 04/26/18 Price Changed $169,900 -5.6% $237 / Sq Ft
03/30/2018 03/30/18 For Sale $179,900 -- $251 / 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 $679 $5,023 -- --
2024 $641 $4,784 -- --
2023 $641 $21,400 $4,280 $17,120
2022 $628 $15,560 $3,110 $12,450
2021 $648 $12,570 $2,510 $10,060
2020 $640 $11,950 $2,390 $9,560
2019 $618 $9,920 $1,980 $7,940
2018 $600 $8,250 $1,650 $6,600
2017 $635 $5,710 $1,140 $4,570
2016 $604 $5,530 $1,100 $4,430
2015 $569 $4,160 $830 $3,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5744070

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-37-030

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