NOT LISTED FOR SALE

Estimated Value: $222,000 - $279,000

2 Beds
1 Bath
851 Sq Ft
$295/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $35,000 $41 Per Sq Ft

Est. 617% increase in value since last sale

Current estimated payment $1,327/month

35 Days on Market

Highlights

  • 0.31 Acre Lot
  • No HOA
  • Tile Flooring
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • Evaporated cooling system

About This Home

As of August 2013

THIS IS A TREMENDOUS OPPORTUNITY! THIS IS A HUGE PROPERTY THAT IS ZONED MULTI FAMILY. IT HAS HUGE UPSIDE POTENTIAL. THE CURRENT HOUSE IS IN GREAT SHAPE WITH A REMODELED KITCHEN. CURRENT TENANT IS WILLING TO STAY, OR IT COULD BE OWNER OCCUPIED TOO. THERE IS ROOM FOR EVERYTHING. IT IS A SHORT COMMUTE TO DOWNTOWN PHOENIX!

Last Agent to Sell the Property

Erica Curtin

HomeSmart License #SA572845000 Listed on: 10/23/2012

HomeSmart

Last Buyer's Agent

Laney Brandt

Compass License #SA509279000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $273

Year Built

  • Built in 1956

Lot Details

  • 0.31 Acre Lot
  • Desert faces the front and back of the property
  • Chain Link Fence

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 851 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Evaporated cooling system
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Southern Height 1 4 Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 113-42-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$273

Year Built

Built in 1956

Lot Details

0.31 Acres

Listing Details

  • Cross Street: Southern Avenue / 3rd Street
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Year Built: 1956
  • Tax Year: 2012
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.31
  • Subdivision Name: Southern Height 1-4
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 41.13
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Vinyl, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 851.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13629.0
  • Parcel #: 113-42-016
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 273.0
  • Tax Book Number: 113.00
  • Tax Lot: 5
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2012
Closed on
Aug 8, 2013
Sold by
Berry Michael A
Bought by
Stuart Revae
Seller's Agent
Erica Curtin
HomeSmart
Buyer's Agent
Laney Brandt
Compass
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%
Current Estimated Value
$250,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,986
Avg. Annual Appreciation
17.00%
Original Mortgage
$34,366
Outstanding Balance
$24,350
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$226,636

Purchase Details

Listed on
Oct 23, 2012
Closed on
Aug 6, 2013
Sold by
Stuart Revae
Bought by
Tuloza Esteban Davila and Davila Concepcion Castro
Seller's Agent
Erica Curtin
HomeSmart
Buyer's Agent
Laney Brandt
Compass
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,366
Outstanding Balance
$24,350
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$226,636

Purchase Details

Closed on
Oct 18, 2012
Sold by
Income Deversification Strategies Llc
Bought by
Stuart Revae

Purchase Details

Closed on
Apr 28, 2008
Sold by
Stuart Revae
Bought by
Income Diversification Strategies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2008
Sold by
Income Diversification Strategies Llc
Bought by
Stuart Revae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2007
Sold by
Carter David C and Carter Francine C
Bought by
Income Diversification Strategies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 1996
Sold by
Carter Jackie M
Bought by
Carter David Charles and Carter Francine
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

Date Buyer Sale Price Title Company
Stuart Revae -- First Arizona Title Agency
Tuloza Esteban Davila $35,000 First Arizona Title Agency
Stuart Revae -- None Available
Income Diversification Strategies Llc -- None Available
Stuart Revae -- None Available
Income Diversification Strategies Llc $85,000 First American Title Ins Co
Carter David Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuloza Esteban Davila $34,366
Previous Owner Income Diversification Strategies Llc $60,000
Previous Owner Income Diversification Strategies Llc $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2013 08/16/13 Sold $35,000 0.0% $41 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
11/06/2012 11/06/12 Price Changed $35,000 -12.5% $41 / Sq Ft
10/23/2012 10/23/12 For Sale $40,000 -- $47 / 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 $453 $3,349 -- --
2024 $428 $3,189 -- --
2023 $428 $15,780 $3,150 $12,630
2022 $419 $11,460 $2,290 $9,170
2021 $432 $9,780 $1,950 $7,830
2020 $427 $9,000 $1,800 $7,200
2019 $412 $7,300 $1,460 $5,840
2018 $400 $6,260 $1,250 $5,010
2017 $373 $4,380 $870 $3,510
2016 $354 $3,870 $770 $3,100
2015 $329 $2,910 $580 $2,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4838806

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-42-016

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