NOT LISTED FOR SALE
1 Bed
1 Bath
600 Sq Ft
0.57 Acre Lot

Sale Details

Date Sold: June 14, 2013

Last sale price $852,000 $1,420 Per Sq Ft

6 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of June 2013

LOCATION, LOCATION!! GREAT 12 UNIT COMPLEX! BELIEVED TO BE BUILT BY AL BEADLE!!! WELL MAINTAINED, NO DEFERRED MAINTENANCE. 12 BRAND NEW AC UNITS IN 2013, NEW ELECTRICAL, NEW PLUMBING LINES, NEW WATER HEATERS, NEW LANDSCAPING, CRYSTAL CLEAR POOL. ALL BIG EXPENSES HAVE BEEN DONE!!!

Last Agent to Sell the Property

David Arthur

David M Arthur License #BR575944000 Listed on: 05/24/2013

Last Buyer's Agent

Claudia Jordan

Realty ONE Group License #SA534552000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,042

Year Built

  • Built in 1957

Lot Details

  • 0.57

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 20 Parking Spaces
  • 14 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Individual Controls for Heating
  • Separate Meters

Listing and Financial Details

  • The owner pays for trash collection, water, landscaping, pool/spa maintenance
  • Tax Lot 101
  • Assessor Parcel Number 162-13-037-B

Community Details

Overview

  • 12 Units
  • Building Dimensions are 24,829

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $22,776
  • Gross Income $94,335
  • Net Operating Income $76,966

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,042

Year Built

Built in 1957

Lot Details

0.57 Acres

Listing Details

  • Cross Street: 12th Street just north of Camelback
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: c
  • Number Of Buildings: 1
  • Year Built: 1957
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • 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:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Compactor2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 14.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 20.0
  • General Property Description:Covered Parking Spcs: 14.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Individual, Heat Pump, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Interior Amenities:Fire Sprinklers2: Yes

Fee Information

  • Annual Fuel Expense: 1060.0
  • Trash Expense: 1437.0
  • Annual Water Sewer Expense: 2450.0

Lot Info

  • Lot Size: 24,829
  • Additional Parcels: No
  • Parcel #: 162-13-037-B

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping, Pool/Spa Maintenance
  • Number Of Units Total: 12
  • Electric Expense: 7800.0
  • Annual Gross Income: 94335.0
  • Insurance Expense: 1547.0
  • Maintenance Expense: 3600.0
  • Property Net Operating Income: 76966.0
  • Annual Operating Expense: 22776.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 4042.0
  • Tax Book Number: 162.00
  • Tax Lot: 101

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

Closed on
May 14, 2021
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
$1,160,000
Interest Rate
0.031%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2013
Sold by
Bought by

Purchase Details

Closed on
Feb 29, 2012
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
$561,000
Interest Rate
0.0383%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 2, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 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
$545,000
Interest Rate
0.0553%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 4, 1996
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
$2,100,000 Chicago Title Agency Inc
$852,000 Security Title Agency
$581,494 Stewart Title & Trust Of Pho
$581,494 Stewart Title & Trust Of Pho
$641,850 None Available
$685,000 Stewart Title & Trust Of Pho
-- --
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 $1,875,000
Closed $1,160,000
Previous Owner $561,000
Previous Owner $545,000
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
06/14/2013 06/14/13 Sold $852,000 +9.2% $1,420 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $780,000 -- $1,300 / 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 $8,856 $67,979
2024 $8,217 $64,742
2023 $8,217 $199,000 $39,800 $159,200
2022 $7,972 $156,670 $31,330 $125,340
2021 $8,041 $131,800 $26,360 $105,440
2020 $7,916 $107,900 $21,580 $86,320
2019 $7,741 $92,650 $18,530 $74,120
2018 $7,552 $82,670 $16,530 $66,140
2017 $7,196 $76,300 $15,260 $61,040
2016 $6,948 $66,910 $13,380 $53,530
2015 $6,453 $67,220 $13,440 $53,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4942072

Arizona Regional Multiple Listing Service (ARMLS)
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