NOT LISTED FOR SALE

Estimated Value: $410,688 - $832,000

-- Bed
-- Bath
2,940 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 21, 2014

Last sale price $180,000 $61 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $3,619/month

6 Days on Market

Highlights

  • Central Air
  • Heating Available
  • 4-minute walk to Whitman Park
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of May 2014

Wow 4plex priced to sell! Motivated seller! Great rental area. New roof & Paint on outside. Tenants pay all utilities except trash. 3 current tenants. 1 unit needs some work. All units 2 bed 1 bath w individual laundry rooms. Please drive by only. DO NOT Disturb Tenants.

Last Agent to Sell the Property

Robert Burk

Desert 2 Mountain Realty License #SA556084000 Listed on: 04/07/2014

Last Buyer's Agent

Len Roberts

My Home Group Real Estate License #BR531826000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1984

Lot Details

  • 0.28

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Whitman Elementary School
  • Carson Junior High Middle School
  • Westwood High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV
  • The owner pays for trash collection
  • Tax Lot 20
  • Assessor Parcel Number 136-18-113

Community Details

Overview

  • 4 Units
  • Building Dimensions are Old West Valley

Building Details

  • Gross Income $14,228
  • Net Operating Income $653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$944

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Mckellips & Center
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi Family
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2013
  • Directions: S on Center W to Property on N side of rd.
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: 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: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • 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

Fee Information

  • Trash Expense: 1385.0

Schools

  • Elementary School: Whitman Elementary School
  • High School: Westwood High School
  • Middle Or Junior School: Carson Junior High School

Lot Info

  • Lot Size: Old West Valley
  • Additional Parcels: No
  • Parcel #: 136-18-113

Multi Family

  • Owner Pays: Trash Collection
  • Tenant Pays: Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 14228.25
  • Insurance Expense: 917.0
  • Maintenance Expense: 1002.0
  • Property Net Operating Income: 653.0
  • Vacancy Allowance Rate: 0.25

Tax Info

  • Tax Annual Amount: 944.0
  • Tax Book Number: 136.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
May 15, 2014
Sold by
Burk David E and Burk David Elton
Bought by
Hardy Richard Minor and Hardy Sandra
Seller's Agent
Robert Burk
Desert 2 Mountain Realty
Buyer's Agent
Len Roberts
My Home Group Real Estate
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%
Current Estimated Value
$643,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,672
Avg. Annual Appreciation
11.96%

Purchase Details

Closed on
Aug 28, 2000
Sold by
Bond Donald L and Bond Carole Jean
Bought by
Burk David Elton and Burk David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,160
Interest Rate
7.98%
Mortgage Type
FHA
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
Hardy Richard Minor $180,000 Stewart Title & Trust Of Pho
Burk David Elton $160,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burk David Elton $158,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2014 05/21/14 Sold $180,000 -5.3% $61 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
04/05/2014 04/05/14 For Sale $190,000 +322.2% $65 / Sq Ft
08/24/2012 08/24/12 Sold $45,000 -18.2% $37 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
07/24/2012 07/24/12 Price Changed $55,000 -8.3% $45 / Sq Ft
07/16/2012 07/16/12 For Sale $60,000 -- $49 / 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 $1,427 $14,543 -- --
2024 $1,439 $13,850 -- --
2023 $1,439 $48,350 $9,670 $38,680
2022 $1,409 $36,270 $7,250 $29,020
2021 $1,427 $29,900 $5,980 $23,920
2020 $1,408 $26,820 $5,360 $21,460
2019 $1,316 $22,650 $4,530 $18,120
2018 $1,263 $20,130 $4,020 $16,110
2017 $1,225 $16,970 $3,390 $13,580
2016 $1,202 $16,410 $3,280 $13,130
2015 $1,130 $14,460 $2,890 $11,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5096548

Arizona Regional Multiple Listing Service (ARMLS)

APN: 136-18-113