NOT LISTED FOR SALE

Estimated Value: $434,832 - $613,000

Studio
-- Bath
2,432 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2016

Last sale price $216,000 $89 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $3,055 / mo

7 Days on Market

Highlights

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

About This Home

As of June 2016

FANTASTIC CASH FLOWING TRIPLEX! SEPARATE METERED FOR UTILITIES! TENANTS PAY ''ALL'' UTILITIES. EACH UNIT HAS A SMALL FENCED YARD, WASHER DRYER HOOKUPS FOR EACH UNIT, OUTSIDE STORAGE, ETC. COVERED PARKING! GREAT LOCATION AND PROPERTY STAYS RENTED! RENTS ARE $625, $730, AND $650. POTENTIAL FOR FUTURE RENT INCREASES. PRO-FORMA INCOME/EXPENSE NUMBERS (CAP RATE) DO NOT INCLUDE PROPERTY MANAGEMENT EXPENSES. BUYER MUST VERIFY ALL FACTS & FIGURES ON THEIR OWN.

Last Agent to Sell the Property

Daniel Shreeve

Arizona Platinum Properties LLC License #BR572199000 Listed on: 05/14/2016

Last Buyer's Agent

Amy Wright

HomeSmart License #SA630243000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1983

Lot Details

  • 9,322

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer
  • The owner pays for landscaping
  • Tax Lot 142
  • Assessor Parcel Number 140-15-155

Community Details

Overview

  • 3 Units
  • Building Dimensions are 9383
  • Greenfield Estates Unit 2 Lot 108 258 Subdivision

Building Details

  • Operating Expense $4,654
  • Net Operating Income $20,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,154

Year Built

Built in 1983

Lot Details

9,322 Sq Ft Lot

Listing Details

  • Cross Street: GREENFIELD & UNIVERSITY
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENFIELD ESTATES UNIT 2 LOT 108-258
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Slump Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Sandra Day O'Connor High School
  • High School: Red Mountain High School
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: 9383
  • Additional Parcels: No
  • Parcel #: 140-15-155

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Water, Sewer
  • Number Of Units Total: 3
  • Insurance Expense: 1400.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 20500.0
  • Annual Operating Expense: 4654.0

Tax Info

  • Tax Annual Amount: 1154.0
  • Tax Book Number: 140.00
  • Tax Lot: 142

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2016
Closed on
Jun 29, 2016
Sold by
Bought by
Seller's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
Buyer's Agent
Amy Wright
HomeSmart
List Price
$225,000
Sold Price
$216,000
Premium/Discount to List
-$9,000
-4%
Current Estimated Value
$539,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,708
Avg. Annual Appreciation
9.54%
Original Mortgage
$129,600
Interest Rate
0.0358%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2016
Closed on
Jun 3, 2016
Sold by
Bought by
Seller's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
Buyer's Agent
Amy Wright
HomeSmart
List Price
$225,000
Sold Price
$216,000
Premium/Discount to List
-$9,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
0.0358%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
0.0662%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
0.055%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
0.0713%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 8, 2000
Sold by
Bought by

Purchase Details

Closed on
May 8, 1998
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
$220,000 Pioneer Title Agency Inc
-- Pioneer Title Agency Inc
$92,500 Fidelity Natl Title Ins Co
$238,000 Fidelity National Title
-- Security Title Agency
$140,000 Transnation Title Insurance
-- --
$123,000 Transnation Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $129,600
Previous Owner $178,500
Previous Owner $132,500
Previous Owner $126,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $216,000 -4.0% $89 / Sq Ft
06/21/2016 06/21/16 Price Changed $225,000 0.0% $93 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
05/19/2016 05/19/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $225,000 -- $93 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,475 $14,524
2024 $1,479 $13,832
2023 $1,479 $37,870 $7,570 $30,300
2022 $1,450 $29,280 $5,850 $23,430
2021 $1,460 $24,350 $4,870 $19,480
2020 $1,440 $22,370 $4,470 $17,900
2019 $1,347 $18,030 $3,600 $14,430
2018 $1,292 $17,020 $3,400 $13,620
2017 $1,254 $13,980 $2,790 $11,190
2016 $1,230 $13,330 $2,660 $10,670
2015 $1,154 $11,870 $2,370 $9,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5442802

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-155

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