NOT LISTED FOR SALE

Estimated Value: $782,000 - $978,000

-- Bed
-- Bath
1,518 Sq Ft
$577/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $310,000 $204 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $4,968/month

112 Days on Market

Highlights

  • Cooling Available
  • Tavan Elementary School Rated A
  • Heating Available

About This Home

As of May 2016

Whether occupying one side and leasing the other, or purchasing as an investment, this Arcadia area duplex is loaded with opportunity. Approximately 800 SF and 2 bed 1 bath in each unit, with lush mature trees shading the large, separate backyards. Separate laundry rooms and carports, and an unbeatable location near the Archway Veritas campus, Arizona Country Club, and all that Arcadia has to offer!

Last Agent to Sell the Property

Mark Reckling

Reckling Real Estate License #BR573159000 Listed on: 01/05/2016

Co-Listed By

Katherine Quinif Reckling

HomeSmart License #SA582584000

Last Buyer's Agent

Michael Lim

LCH Communities LLC License #BR556947000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $797

Year Built

  • Built in 1955

Lot Details

  • 10,498

Home Design

  • Composition Roof
  • Block Exterior

Parking

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

Schools

  • Tavan Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, cable TV
  • Tax Lot 166
  • Assessor Parcel Number 128-25-110

Community Details

Overview

  • 2 Units
  • Building Dimensions are 10493
  • Sherwood Towne Tract A Subdivision

Building Details

  • Operating Expense $797

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$797

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 56th St/Osborn
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 1
  • Year Built: 1955
  • Tax Year: 2015
  • Road Surface Type: Alley
  • Co List Office Mls Id: rckg01
  • Co List Office Phone: 602-418-6327
  • Subdivision Name: SHERWOOD TOWNE TRACT A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Disposal: 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: 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

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Tavan Elementary School
  • High School: Arcadia High School
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: 10493
  • Additional Parcels: No
  • Parcel #: 128-25-110

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Cable TV
  • Number Of Units Total: 2
  • Annual Operating Expense: 797.0

Tax Info

  • Tax Annual Amount: 797.0
  • Tax Book Number: 128.00
  • Tax Lot: 166

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2016
Closed on
May 11, 2016
Sold by
Doubletree Capital Partners Llc
Bought by
Lim Michael
Seller's Agent
Mark Reckling
Reckling Real Estate
Buyer's Agent
Michael Lim
LCH Communities LLC
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%
Current Estimated Value
$930,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,751
Avg. Annual Appreciation
11.41%
Original Mortgage
$281,287
Outstanding Balance
$224,578
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$650,873

Purchase Details

Closed on
Mar 24, 2006
Sold by
Maciejewski Debra
Bought by
Doubletree Capital Partners Llc

Purchase Details

Closed on
Jul 13, 2005
Sold by
Debrosse Marilyn M
Bought by
Maciejewski Debra L and The Debrosse Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lim Michael $295,000 Fidelity Natl Title Agency I
Doubletree Capital Partners Llc $370,000 Arizona Title Agency Inc
Maciejewski Debra L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Michael $281,287
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $310,000 -5.8% $204 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $329,000 -- $217 / 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 $1,095 $13,311 -- --
2024 $1,025 $12,677 -- --
2023 $1,025 $54,010 $10,800 $43,210
2022 $983 $39,000 $7,800 $31,200
2021 $1,019 $35,250 $7,050 $28,200
2020 $1,004 $27,450 $5,490 $21,960
2019 $966 $24,720 $4,940 $19,780
2018 $929 $19,150 $3,830 $15,320
2017 $893 $18,970 $3,790 $15,180
2016 $870 $14,250 $2,850 $11,400
2015 $797 $11,510 $2,300 $9,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5378566

Arizona Regional Multiple Listing Service (ARMLS)

APN: 128-25-110