NOT LISTED FOR SALE

Estimated Value: $404,164 - $1,121,000

Studio
-- Bath
2,660 Sq Ft
$298/Sq Ft Est. Value

Sale Details

Date Sold: April 7, 2017

Last sale price $580,000 $218 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,421 / mo

34 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of April 2017

Fully Renovated & Fully Occupied 8 Unit Income Property in a great East Phoenix location! Completely remodeled in 2008. At that time it was Re-Roofed, New Windows, Stuccoed, All New A/C Units, New Appliances, New Hot Water Tanks, New Electrical & More! Each unit is 2 Bed, 1 bath with 2 parking spaces and a storage room. Onsite laundry is coin operated and cash generating. Close to schools and 202 Freeway. Please do not disturb tenants. Drive by only. Viewing once an executed contract has been accepted and escrow has been opened. Two individually tax parceled 4plex buildings. Addresses are 5025 & 5035 E Holly Street Phx 85008

Last Agent to Sell the Property

Rick Horst

Keller Williams Arizona Realty License #SA640657000 Listed on: 02/02/2017

Keller Williams Arizona Realty

Co-Listed By

Kerry Keezer

72SOLD License #SA643532000

Last Buyer's Agent

Rick Horst

Keller Williams Arizona Realty License #SA640657000 Listed on: 02/02/2017

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,886

Year Built

  • Built in 1981

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 16 Open Parking Spaces
  • 16 Parking Spaces
  • Assigned Parking

Schools

  • Orangedale Junior High Prep Academy
  • Camelback High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 126-21-042

Community Details

Overview

  • 3 Buildings
  • 8 Units
  • Building Dimensions are rectangular
  • Deb Lin Villa Subdivision

Building Details

  • Operating Expense $14,036
  • Net Operating Income $41,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,886

Year Built

Built in 1981

Lot Details

8,102 Sq Ft Lot

Listing Details

  • Cross Street: Thomas and 48 St.
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: multi family
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwaz10
  • Co List Office Phone: 480-767-3000
  • Subdivision Name: DEB-LIN VILLA
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 16.0
  • Total Parking Spaces: 16.0
  • General Property Description:Uncvrd Parking Spcs: 16.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Heat Pump, Ceiling Fan(s)
  • 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

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1440.0
  • Annual Water Sewer Expense: 5400.0

Schools

  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Orangedale Junior High Prep Academy

Lot Info

  • Lot Size: rectangular
  • Additional Parcels: Yes
  • Parcel #: 126-21-042

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 8
  • Electric Expense: 1560.0
  • Insurance Expense: 1550.0
  • Property Net Operating Income: 41960.0
  • Annual Operating Expense: 14036.0

Tax Info

  • Tax Annual Amount: 2886.0
  • Tax Book Number: 126.00
  • Tax Lot: 3

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
Nov 15, 2013
Closed on
Mar 27, 2014
Sold by
Bought by
Seller's Agent
Kamberly Stoltz
Delex Realty
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$414,700
Sold Price
$365,000
Premium/Discount to List
-$49,700
-11.98%
Current Estimated Value
$791,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,541
Avg. Annual Appreciation
6.55%
Original Mortgage
$136,875
Outstanding Balance
$103,618
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$687,923

Purchase Details

Closed on
Nov 18, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 26, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 23, 2008
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
$175,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 17, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 13, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 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
$204,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 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
$204,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 2002
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
$146,400
Interest Rate
6.17%

Purchase Details

Closed on
Jun 12, 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
$126,550
Interest Rate
7.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 1995
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
$52,000
Interest Rate
8.32%
Mortgage Type
New Conventional
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
-- Security Title Agency
$182,500 Security Title Agency
-- Security Title Agency
-- None Available
-- None Available
$235,000 Security Title Agency
-- None Available
$92,000 First American Title Ins Co
-- First American Title Ins Co
$211,076 None Available
$255,000 Capital Title Agency Inc
-- Capital Title Agency Inc
-- --
-- North American Title Co
$158,200 North American Title Agency
-- --
$65,000 Security Title Agency
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 $136,875
Closed $136,875
Previous Owner $175,000
Previous Owner $204,000
Previous Owner $146,400
Previous Owner $126,550
Previous Owner $52,000
Closed $15,800
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 Prior Sale
04/07/2017 04/07/17 Sold $580,000 -3.2% $218 / Sq Ft
03/23/2017 03/23/17 For Sale $599,000 0.0% $225 / Sq Ft
03/23/2017 03/23/17 Price Changed $599,000 0.0% $225 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $599,000 +64.1% $225 / Sq Ft
04/04/2014 04/04/14 Sold $365,000 -12.0% $137 / Sq Ft View Prior Sale
02/27/2014 02/27/14 Pending -- -- --
11/15/2013 11/15/13 For Sale $414,700 -- $156 / 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 $1,852 $14,517 -- --
2024 $1,727 $13,825 -- --
2023 $1,727 $46,100 $7,720 $38,380
2022 $1,665 $35,130 $5,880 $29,250
2021 $1,693 $30,580 $5,120 $25,460
2020 $1,661 $26,160 $4,380 $21,780
2019 $1,655 $22,290 $3,730 $18,560
2018 $1,559 $18,690 $3,130 $15,560
2017 $1,493 $16,300 $2,730 $13,570
2016 $1,461 $16,470 $2,750 $13,720
2015 $1,371 $12,450 $2,490 $9,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5555665

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-21-042

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