NOT LISTED FOR SALE

503 E 4th St Casa Grande, AZ 85122

Estimated Value: $341,000 - $449,000

Studio
-- Bath
2,359 Sq Ft
$166/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $230,000 $97 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,179/month

65 Days on Market

Highlights

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • 4-minute walk to Peart Park

About This Home

As of May 2014

COMPETITIVELY PRICED 10-PLEX. IN FAIR CONDITION, THAT'S A GREAT MONEY-MAKER. LOCATED JUST OFF DOWNTOWN AREA OF CASA GRANDE - IN WALKING DISTANCE OF GROCERIES, BANKING & RESTAURANTS.

Last Agent to Sell the Property

John Conger

National Land Realty License #BR547808000 Listed on: 02/06/2014

Last Buyer's Agent

John Conger

National Land Realty License #BR547808000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,771

Year Built

  • Built in 1948

Lot Details

  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Schools

  • Saguaro Elementary School
  • Cactus Middle School
  • Vista Verde Middle High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for water, cable TV
  • The owner pays for trash collection, sewer, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 507-03-188-C

Community Details

Overview

  • 3 Buildings
  • 10 Units
  • Building Dimensions are 20000

Building Details

  • Operating Expense $1,771

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,771

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: 4TH ST & CAMERON
  • Legal Info Range: 06E
  • Property Type: Multiple Dwellings
  • Zoning: MULTIFAMILY
  • Number Of Buildings: 3
  • Year Built: 1948
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: C
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block, Brick, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Window/Wall Unit(s), Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Saguaro Elementary School
  • High School: Vista Verde Middle School
  • Middle Or Junior School: Cactus Middle School

Lot Info

  • Lot Size: 20000
  • Additional Parcels: Yes
  • Parcel #: 507-03-188-C

Multi Family

  • Owner Pays: Trash Collection, Sewer, Landscaping
  • Tenant Pays: Water, Cable TV
  • Number Of Units Total: 10
  • Annual Operating Expense: 1771.0

Tax Info

  • Tax Annual Amount: 1771.0
  • Tax Book Number: 507.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2015
Sold by
Frym Roy and Payawal Frym Ma Violeta B
Bought by
Guerrero Jose
Current Estimated Value
$390,667

Purchase Details

Listed on
Feb 6, 2014
Closed on
May 12, 2014
Sold by
Ludlow Richard
Bought by
Frym Roy W and Frym Ma Violeta B Payawal
Seller's Agent
John Conger
National Land Realty
Buyer's Agent
John Conger
National Land Realty
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$315,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2006
Sold by
Bray David Nelson
Bought by
Ludlow Richard

Purchase Details

Closed on
Mar 19, 2002
Sold by
Trulove William A and Trulove Clara L
Bought by
Bray David Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 1996
Sold by
Baker Lyle E and Baker Bernice E
Bought by
Trulove William A and Trulove Clara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.04%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Guerrero Jose $180,000 Title Security Agency Llc
Frym Roy W $230,000 Security Title Agency
Ludlow Richard $395,000 Lawyers Title Insurance Corp
Bray David Nelson $275,000 Fidelity National Title Agen
Trulove William A $160,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frym Roy W $315,000
Previous Owner Bray David Nelson $220,000
Previous Owner Trulove William A $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $230,000 -8.0% $97 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $249,900 -- $106 / 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 $1,629 $24,505 -- --
2024 $1,636 $24,680 -- --
2023 $1,661 $18,470 $1,394 $17,076
2022 $1,636 $12,313 $1,394 $10,919
2021 $1,713 $11,570 $0 $0
2020 $1,697 $11,508 $0 $0
2019 $1,640 $11,123 $0 $0
2018 $1,665 $10,848 $0 $0
2017 $1,641 $10,449 $0 $0
2016 $2,190 $14,167 $1,394 $12,773
2014 -- $14,167 $1,394 $12,773
Source: Public Records

Agents Affiliated with this Home

  • John Conger

    Seller's Agent in 2014

    John Conger

    National Land Realty

    (480) 837-0224

    6 Total Sales

    John Conger
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5065491

Arizona Regional Multiple Listing Service (ARMLS)

APN: 507-03-188C

Arizona Pinal County Casa Grande 85122

503 E 4th St, Casa Grande, AZ

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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