NOT LISTED FOR SALE

Estimated Value: $247,000 - $726,000

Studio
5 Baths
-- Sq Ft
1962 Built

Last Sold June 01, 2021

Last sale price $640,000

Est. 11% decrease in value since last sale

Current estimated payment $3,067/month

18 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • 1-minute walk to Doc Rhodes Memorial Park
  • Central Air

About This Home

As of June 2021

Great Investment Opportunity to own a 4-plex in Avondale . A separated 3 bedroom 2 bath home with a Tri-Plex located in the back. The main house has dedicated gas, water and electrical. 3 back units are 2 bedroom 1 bath with separate entrance road behind the home. Every unit has washer and dryer hook ups. All HVAC units were replaced in 2020. Electric is metered separately for all 4 units. All units have been remolded.

Last Agent to Sell the Property

Humberto Felix

Set in Stone Realty & Property Mgmt License #SA666459000 Listed on: 04/13/2021

Last Buyer's Agent

James Kasten

Coldwell Banker Commercial Realty License #BR513453000

Coldwell Banker Commercial Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 1962

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water
  • Legal Lot and Block 3 / 4
  • Assessor Parcel Number 500-17-032

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 6000
  • Hills Subdivision

Building Details

  • Operating Expense $1,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,040

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: Central and Hill
  • Legal Info Range: 1W
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2020
  • Road Surface Type: Gravel, Concrete
  • Subdivision Name: HILLS SUBDIVISION
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: W/D Hookup
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Agua Fria Union High School District

Lot Info

  • Lot Size: 6000
  • Additional Parcels: No
  • Parcel #: 500-17-032

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 4
  • Annual Operating Expense: 1040.0

Tax Info

  • Tax Annual Amount: 1040.0
  • Tax Block: 4
  • Tax Book Number: 500.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jun 4, 2021
Sold by
Findley Ramona
Bought by
Rio Hermosa Properties Llc
Seller's Agent
Humberto Felix
Set in Stone Realty & Property Mgmt
Buyer's Agent
James Kasten
Coldwell Banker Commercial Realty
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Current Estimated Value
$568,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,911
Avg. Annual Appreciation
-2.75%

Purchase Details

Listed on
Apr 13, 2021
Closed on
May 28, 2021
Sold by
Perez Fermina R
Bought by
Findley Ramona
Seller's Agent
Humberto Felix
Set in Stone Realty & Property Mgmt
Buyer's Agent
James Kasten
Coldwell Banker Commercial Realty
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%

Purchase Details

Listed on
Jan 2, 2017
Closed on
Jan 26, 2017
Sold by
Perez Francisco and Perez Fermina R
Bought by
Perez Fermina R
Seller's Agent
Lisa Taylor
RE/MAX Classic
Buyer's Agent
Humberto Felix
Set in Stone Realty & Property Mgmt
List Price
$269,900
Sold Price
$215,000
Premium/Discount to List
-$54,900
-20.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.65%

Purchase Details

Listed on
Jan 2, 2017
Closed on
Jan 23, 2017
Sold by
Powell William D
Bought by
Perez Fermina R
Seller's Agent
Lisa Taylor
RE/MAX Classic
Buyer's Agent
Humberto Felix
Set in Stone Realty & Property Mgmt
List Price
$269,900
Sold Price
$215,000
Premium/Discount to List
-$54,900
-20.34%
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
Rio Hermosa Properties Llc -- Accommodation
Findley Ramona $640,000 American Title Svc Agcy Llc
Perez Fermina R -- Lawyers Title Of Arizona Inc
Perez Fermina R $215,000 Lawyers Title Of Arizona Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2021 06/01/21 Sold $640,000 -1.5% --
06/01/2021 06/01/21 Price Changed $650,000 0.0% --
05/01/2021 05/01/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $650,000 +202.3% --
01/31/2017 01/31/17 Sold $215,000 -20.3% -- View Prior Sale
01/13/2017 01/13/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $269,900 0.0% --
01/02/2017 01/02/17 Pending -- -- --
01/02/2017 01/02/17 For Sale $269,900 -- --
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 $1,146 $10,190 -- --
2024 $1,056 $9,705 -- --
2023 $1,056 $52,270 $10,450 $41,820
2022 $1,017 $30,870 $6,170 $24,700
2021 $1,073 $25,000 $5,000 $20,000
2020 $1,040 $19,410 $3,880 $15,530
2019 $1,034 $17,960 $3,590 $14,370
2018 $1,038 $14,170 $2,830 $11,340
2017 $1,012 $12,000 $2,400 $9,600
2016 $1,032 $11,900 $2,380 $9,520
2015 $960 $11,320 $2,260 $9,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6221174

Arizona Regional Multiple Listing Service (ARMLS)

APN: 500-17-032