NOT LISTED FOR SALE

Estimated Value: $600,950 - $693,000

-- Bed
-- Bath
2,006 Sq Ft
$318/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $358,000 $178 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,514/month

205 Days on Market

Highlights

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • 4-minute walk to Colter Park
  • Solano School Rated 9+

About This Home

As of October 2019

This well-maintained duplex sits just north of Camelback in the Pasadena neighborhood. Near the light rail and surrounded by historic neighborhoods, this charming property has been cared for and updated with a new roof in 2010, new ac units in 2006 (unit a) and 2010 (unit b). Both units have a laundry room and dedicated yard. Unit A has a large laundry/utility room (7'x18') with closet and a great room (16.5'x17.5') with a separate window ac and heater - great office, craft room, or turn it into an additional rental unit in the back! Unit B has a large covered patio with storage. Tenants have 12mo lease started in June 2019. Cash flowing property with upward potential. See MLS# 5888706 next door for a comparable sale. Please do not disturb tenants.

Last Agent to Sell the Property

Joseph Gill

Keller Williams Arizona Realty License #BR678709000 Listed on: 02/27/2019

Keller Williams Arizona Realty

Co-Listed By

Christopher Altman

Keller Williams Arizona Realty License #BR643720000

Last Buyer's Agent

Patricia Gonzales

Coldwell Banker Realty License #SA564276000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $958

Year Built

  • Built in 1957

Lot Details

  • 8,407

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 117
  • Assessor Parcel Number 156-43-123

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8414
  • Chris Gilgians Cox Villa 2 Subdivision

Building Details

  • Operating Expense $5,598
  • Gross Income $19,200
  • Net Operating Income $15,415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$958

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: 7th Ave and Colter
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 1
  • Year Built: 1957
  • Tax Year: 2018
  • Directions: From Camelback Rd, travel north on 7th Ave. Property is on the west side of 7th Ave at Oregon Ave. Access neighborhood at Georgia Ave just north of property.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Co List Office Mls Id: kwbp01
  • Co List Office Phone: 602-553-4400
  • Subdivision Name: CHRIS GILGIANS COX VILLA 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Attached: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: 2 or More Units, Central A/C, Electric, Wall/Window Unit(s)
  • Heating: Window/Wall Unit(s), Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Natural Gas: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 1813.0

Lot Info

  • Lot Size: 8414
  • Additional Parcels: No
  • Parcel #: 156-43-123

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 19200.0
  • Insurance Expense: 1340.0
  • Maintenance Expense: 551.0
  • Property Net Operating Income: 15415.0
  • Annual Operating Expense: 5597.5

Tax Info

  • Tax Annual Amount: 958.5
  • Tax Book Number: 156.00
  • Tax Lot: 117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2022
Sold by
Jerry Gonzales Sr and Jerry Patricia
Bought by
Open Door Property Solutions Llc
Current Estimated Value
$628,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Outstanding Balance
$313,480
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$343,535

Purchase Details

Closed on
Apr 13, 2022
Sold by
Jerry Gonzales Sr and Jerry Patricia
Bought by
Open Door Property Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Outstanding Balance
$313,480
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$343,535

Purchase Details

Listed on
Feb 27, 2019
Closed on
Oct 28, 2019
Sold by
Gonzales Jerry
Bought by
Open Door Property Solutions Llc
Seller's Agent
Joseph Gill
Keller Williams Arizona Realty
Buyer's Agent
Patricia Gonzales
Coldwell Banker Realty
List Price
$395,000
Sold Price
$358,000
Premium/Discount to List
-$37,000
-9.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$268,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2019
Closed on
Oct 23, 2019
Sold by
Remick Linda F and The Remick Living Trust
Bought by
Gonzales Jerry
Seller's Agent
Joseph Gill
Keller Williams Arizona Realty
Buyer's Agent
Patricia Gonzales
Coldwell Banker Realty
List Price
$395,000
Sold Price
$358,000
Premium/Discount to List
-$37,000
-9.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2009
Sold by
Remick Linda F
Bought by
Remick Linda F and Remick Living Trust

Purchase Details

Closed on
Feb 21, 2006
Sold by
Schaefer Horst G and Schaefer Patsy R
Bought by
Remick Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1999
Sold by
Schaefer Horst G
Bought by
Schaefer Horst G and Baumann Patsy R

Purchase Details

Closed on
Jul 15, 1998
Sold by
Carden Harold F
Bought by
Schaefer Horst G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,284
Interest Rate
7%
Mortgage Type
New Conventional
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
Open Door Property Solutions Llc -- --
Gonzales Jerry -- Driggs Title Agency
Gonzales Jerry -- Driggs Title Agency
Open Door Property Solutions Llc -- --
Gonzales Jerry -- Driggs Title Agency
Open Door Property Solutions Llc -- Accommodation
Gonzales Jerry -- Driggs Title Agency Inc
Gonzales Jerry $358,000 Driggs Title Agency Inc
Remick Linda F -- None Available
Remick Linda $268,000 Transnation Title Ins Co
Schaefer Horst G -- Chicago Title Insurance Co
Schaefer Horst G $100,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzales Jerry $332,500
Closed Gonzales Jerry $332,500
Closed Gonzales Jerry $332,500
Previous Owner Gonzales Jerry $268,500
Previous Owner Remick Linda F $192,800
Previous Owner Remick Linda $214,400
Previous Owner Remick Linda F $40,200
Previous Owner Schaefer Horst G $96,700
Previous Owner Schaefer Horst G $99,284
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $358,000 -1.9% $178 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
03/20/2019 03/20/19 Price Changed $365,000 -7.6% $182 / Sq Ft
02/27/2019 02/27/19 For Sale $395,000 -- $197 / 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 $1,088 $8,671 -- --
2024 $1,051 $8,258 -- --
2023 $1,051 $44,300 $8,860 $35,440
2022 $1,045 $30,380 $6,070 $24,310
2021 $1,063 $19,850 $3,970 $15,880
2020 $1,036 $16,720 $3,340 $13,380
2019 $991 $13,660 $2,730 $10,930
2018 $959 $11,700 $2,340 $9,360
2017 $880 $10,360 $2,070 $8,290
2016 $849 $8,720 $1,740 $6,980
2015 $789 $7,380 $1,470 $5,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5888710

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-43-123