NOT LISTED FOR SALE

Estimated Value: $376,000 - $491,000

5 Beds
3 Baths
1,283 Sq Ft
$333/Sq Ft Est. Value

Sale Details

Date Sold: July 26, 2021

Last sale price $330,000 $257 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,512 / mo

51 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A
  • Fenced

About This Home

As of July 2021

Great Triplex in Sunnyslope! Tenants pay all utilities. With annual taxes at only $730 and long term, stable tenants in 3 single family residences on over 13,000 sq ft lot, this property generates an immediate return on investment. Each unit has meter for all utiltites, and owner pays no utilities. R-3 Multifamily zoning may also accommodates for redevelopment. Tenant-Occupied - Drive-By Only. Inspections available with accepted contract.

Last Agent to Sell the Property

Luis Solis

HomeSmart License #SA555988000 Listed on: 01/14/2021

HomeSmart

Last Buyer's Agent

Luis Solis

HomeSmart License #SA555988000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $730

Year Built

  • Built in 1940

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Sunnyslope Elementary School
  • Sunnyslope High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Separate Meters
  • Cable TV Available

Additional Features

  • Ceramic Tile Flooring
  • Fenced

Listing and Financial Details

  • Tenant pays for water, sewer, electricity, gas, trash collection, cable TV
  • Tax Lot Metes & Bounds
  • Assessor Parcel Number 159-45-099

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 99.93 x 135.95

Building Details

  • Operating Expense $2,265
  • Gross Income $23,400
  • Net Operating Income $21,135

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$730

Year Built

Built in 1940

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Central & Hatcher
  • Property Type: Multiple Dwellings
  • Zoning: R-3 MultiFamily
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0

Utilities

  • Electric: Individual Meter, SRP
  • Cooling: Central Air, Evaporative Cooling, Electric, Window/Wall Unit
  • Heating: Electric, Natural Gas, Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Sunnyslope Elementary School

Lot Info

  • Lot Size: 99.93 x 135.95
  • Additional Parcels: No
  • Parcel #: 159-45-099

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Electricity, Gas, Trash Collection, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 23400.0
  • Insurance Expense: 1535.0
  • Property Net Operating Income: 21135.0
  • Annual Operating Expense: 2265.0

Tax Info

  • Tax Annual Amount: 730.0
  • Tax Book Number: 159.0
  • Tax Lot: Metes & Bounds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Jul 20, 2021
Sold by
Lee Wayne Regan and The William O Lee Living Trust
Bought by
Witte Pamela and Witte Konrad
Seller's Agent
Luis Solis
HomeSmart
Buyer's Agent
Luis Solis
HomeSmart
List Price
$400,000
Sold Price
$330,000
Premium/Discount to List
-$70,000
-17.5%
Current Estimated Value
$450,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,810
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
May 11, 2021
Sold by
Inman Tammie Michele and Estate Of William O Lee
Bought by
Lee Wayne Regan and The William O Lee Living Trust

Purchase Details

Closed on
Jan 28, 2008
Sold by
William O Lee Properties #3 Llc
Bought by
Lee William

Purchase Details

Closed on
Jun 10, 2004
Sold by
Lee William O
Bought by
William O Lee Properties #2 Llc

Purchase Details

Closed on
Oct 29, 2001
Sold by
Beck Lesly
Bought by
Lee William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 1998
Sold by
Hoyle Thomas L and Hoyle Jane A
Bought by
Beck Lesly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.02%
Mortgage Type
Seller Take Back
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
Witte Pamela $330,000 First American Title Ins Co
Lee Wayne Regan -- First American Title Ins Co
Lee William -- None Available
William O Lee Properties #2 Llc -- --
Lee William $97,000 --
Beck Lesly $65,000 Ati 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
Previous Owner Lee William $72,750
Previous Owner Beck Lesly $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2021 07/26/21 Sold $330,000 -17.5% $257 / Sq Ft
06/28/2021 06/28/21 For Sale $400,000 0.0% $312 / Sq Ft
06/28/2021 06/28/21 Price Changed $400,000 0.0% $312 / Sq Ft
06/01/2021 06/01/21 For Sale $400,000 0.0% $312 / Sq Ft
06/01/2021 06/01/21 Price Changed $400,000 0.0% $312 / Sq Ft
05/20/2021 05/20/21 For Sale $400,000 0.0% $312 / Sq Ft
05/20/2021 05/20/21 Price Changed $400,000 0.0% $312 / Sq Ft
04/17/2021 04/17/21 For Sale $400,000 0.0% $312 / Sq Ft
04/17/2021 04/17/21 Price Changed $400,000 0.0% $312 / Sq Ft
01/14/2021 01/14/21 For Sale $400,000 -- $312 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $808 $6,359 -- --
2024 $764 $6,056 -- --
2023 $764 $31,070 $6,210 $24,860
2022 $739 $20,750 $4,150 $16,600
2021 $748 $17,200 $3,440 $13,760
2020 $730 $14,660 $2,930 $11,730
2019 $716 $13,260 $2,650 $10,610
2018 $697 $10,260 $2,050 $8,210
2017 $694 $8,530 $1,700 $6,830
2016 $681 $7,520 $1,500 $6,020
2015 $631 $5,870 $1,170 $4,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6181307

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-45-099

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