$98,000
SOLD NOV 11, 2015
4 Beds
2 Baths
1,128 Sq Ft
8,925 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

7% Below List Price

11 Days on Market

Highlights

  • RV Gated
  • No HOA
  • Tile Flooring
  • Corner Lot
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of March 2016

Investor opportunity available! Cozy 4 bedroom, 2 bath, 1,128 sqft home located on the Tempe / South Phoenix border. Close to shopping, dining, recreation, and more - this is the perfect place to fix and flip, or buy and hold. Don't let this one pass you by. Accepting only cash offers only as property is being sold as is. Buyer to verify actual square footage of house.

Last Agent to Sell the Property

Jennifer Dunneback

Realty ONE Group License #SA649082000 Listed on: 10/20/2015

Co-Listed By

Scott Perkinson

Perk Prop Real Estate License #BR641250000

Last Buyer's Agent

David Lee

My Home Group Real Estate License #SA642409000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $536

Year Built

  • Built in 1971

Lot Details

  • 8,925 Sq Ft Lot
  • Wire Fence
  • Corner Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,128 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • RV Gated

Schools

  • Nevitt Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Hallcraft Homes
  • Patio Homes East 4 Subdivision

Listing and Financial Details

  • Tax Lot 412
  • Assessor Parcel Number 123-13-132

Home Details

Home Type

Single Family

Est. Annual Taxes

$536

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: SOUTHERN & 48TH ST
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2015
  • Directions: North on 48th St - West on Hidalgo Ave to Property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: perk001
  • Co List Office Phone: 480-830-5695
  • Subdivision Name: PATIO HOMES EAST 4
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1128.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: See Remarks, Chain Link, Wire
  • Lot Features: Corner Lot, Dirt Back, Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: RV Gate
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Nevitt Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8925.0
  • Parcel #: 123-13-132
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Hallcraft Homes

Tax Info

  • Tax Annual Amount: 536.0
  • Tax Book Number: 123.00
  • Tax Lot: 412
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Mar 17, 2016
Sold by
Back Nine Properties Llc
Bought by
Sandoval Melina L and Sandoval Samuel
Seller's Agent
Tim Cline
My Home Group Real Estate
Buyer's Agent
Guadalupe Sosa
My Home Group Real Estate
List Price
$157,000
Sold Price
$154,000
Premium/Discount to List
-$3,000
-1.91%
Total Days on Market
11
Current Estimated Value
$356,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,092
Avg. Annual Appreciation
9.55%
Original Mortgage
$149,380
Outstanding Balance
$120,103
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$235,989

Purchase Details

Listed on
Oct 20, 2015
Closed on
Nov 6, 2015
Sold by
Thr Phoenix Llc
Bought by
Back Nine Properties Llc
Seller's Agent
Jennifer Dunneback
Realty ONE Group
Buyer's Agent
David Lee
My Home Group Real Estate
List Price
$105,000
Sold Price
$98,000
Premium/Discount to List
-$7,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
228.52%

Purchase Details

Closed on
Sep 13, 2012
Sold by
Villalba Diego M
Bought by
Mtz Propreties Llc

Purchase Details

Closed on
Sep 4, 2012
Sold by
Mtz Properties Llc
Bought by
Thr Phoenix Llc

Purchase Details

Listed on
Mar 8, 2012
Closed on
Jun 11, 2012
Sold by
Urquiza Maria
Bought by
Villalba Diego M
Seller's Agent
Olga Cervantes
West USA Realty
Buyer's Agent
Marisela Alonzo
Realty ONE Group
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.36%
Original Mortgage
$75,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2006
Sold by
Amaya Arturo Urquiza
Bought by
Urquiza Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8%
Mortgage Type
Balloon

Purchase Details

Closed on
May 29, 2003
Sold by
Mullins Jeffery B and Mullins Teresita M
Bought by
Amaya Arturo Urquiza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,750
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 1999
Sold by
Barr Kenneth R and Barr Carolyn C
Bought by
Mullins Jeffery B and Mullins Teresita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,120
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 1995
Sold by
Quinones Maria Delcarmen
Bought by
Barr Kenneth R and Barr Carolyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.37%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $154,000 Driggs Title Agency Inc
Cash Sale Deed $98,000 Empire West Title Agency
Cash Sale Deed $55,000 None Available
Cash Sale Deed $82,000 First American Title Ins Co
Warranty Deed $40,000 Driggs Title Agency Inc
Warranty Deed $200,000 Security Title Agency Inc
Warranty Deed $106,750 Grand Canyon Title Agency In
Warranty Deed $83,900 Security Title Agency
Joint Tenancy Deed $57,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $149,380 New Conventional
Previous Owner $75,000 Purchase Money Mortgage
Previous Owner $130,000 Balloon
Previous Owner $106,750 New Conventional
Previous Owner $67,120 New Conventional
Previous Owner $45,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2016 03/29/16 Sold $154,000 -1.9% $108 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $157,000 +60.2% $110 / Sq Ft
11/11/2015 11/11/15 Sold $98,000 -6.7% $87 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $105,000 +162.5% $93 / Sq Ft
06/18/2012 06/18/12 Sold $40,000 -- $35 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
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 $574 $6,133 -- --
2024 $570 $5,841 -- --
2023 $570 $22,030 $4,400 $17,630
2022 $546 $16,910 $3,380 $13,530
2021 $559 $15,560 $3,110 $12,450
2020 $540 $13,280 $2,650 $10,630
2019 $529 $11,610 $2,320 $9,290
2018 $515 $11,320 $2,260 $9,060
2017 $497 $8,820 $1,760 $7,060
2016 $494 $7,570 $1,510 $6,060
2015 $536 $5,780 $1,150 $4,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5351384

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-13-132