NOT LISTED FOR SALE

Estimated Value: $559,000 - $793,000

Studio
-- Bath
2,006 Sq Ft
$322/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2019

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

Est. 81% increase in value since last sale

Current estimated payment $3,597 / mo

205 Days on Market

Highlights

  • 4 Car Attached Garage
  • Patio
  • Outdoor Storage
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring
  • 4-minute walk to Colter Park

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

  • Fenced
  • Landscaped

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Vertical Blinds
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Carport
  • Free Parking
  • Additional Parking
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV
  • The owner pays for water, sewer, trash collection, 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 Sq Ft Lot

Listing Details

  • Cross Street: 7th Ave and Colter
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • 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

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

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Painted
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Open, Carport, On Street, >1 Space Per Unit, Attached
  • Attached Garage: Yes
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Electric, 2 or More Units, Window/Wall Unit
  • Heating: 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

Fee Information

  • Annual Water Sewer Expense: 1813.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

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

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping
  • Tenant Pays: Electricity, Gas, 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: 156.0
  • Tax Lot: 117

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
Apr 15, 2022
Sold by
Bought by
Current Estimated Value
$646,635

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
$310,665
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$335,970

Purchase Details

Closed on
Apr 13, 2022
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
$332,500
Outstanding Balance
$310,665
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$335,970

Purchase Details

Listed on
Feb 27, 2019
Closed on
Oct 28, 2019
Sold by
Bought by
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
9.31%
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
Bought by
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
Bought by

Purchase Details

Closed on
Feb 21, 2006
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
$214,400
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 1998
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
$99,284
Interest Rate
7%
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
-- --
-- Driggs Title Agency
-- Driggs Title Agency
-- --
-- Driggs Title Agency
-- Accommodation
-- Driggs Title Agency Inc
$358,000 Driggs Title Agency Inc
-- None Available
$268,000 Transnation Title Ins Co
-- Chicago Title Insurance Co
$100,000 Chicago Title Insurance Co
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 $332,500
Closed $332,500
Closed $332,500
Previous Owner $268,500
Previous Owner $214,400
Previous Owner $99,284
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
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

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 $1,126 $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

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