NOT LISTED FOR SALE

600 N 4th St Avondale, AZ 85323

Old Town Neighborhood

Estimated Value: $342,994 - $766,000

-- Bed
1 Bath
3,432 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 23, 2015

Last sale price $164,000 $48 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $3,036/month

17 Days on Market

Highlights

  • Multiple cooling system units
  • Heating Available
  • 4-minute walk to Fred Campbell Park
  • Agua Fria High School Rated A-

About This Home

As of April 2015

This 4 unit building is an investors dream. Each unit consists of 770 sq ft of living area and 84 sq ft of laundry/storage area. 2 large bedrooms, 1 bathroom, good sized living space, fenced patio, storage unit with washer/dryer hook ups. Each unit includes Refrigerator, Stove and Dishwasher. There is street and covered parking. Professionally managed. Newer AC units. 3 units leased, 1 unit kept vacant for showing purposes. Positive Cash Flow!

Last Agent to Sell the Property

Katherine Thompson

Realty ONE Group License #SA627642000 Listed on: 03/13/2015

Last Buyer's Agent

Terry Kass

R.O.I. Properties License #BR503783000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1982

Lot Details

  • 3,180

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

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

Schools

  • Avondale Middle School
  • Agua Fria High School

Utilities

  • Multiple cooling system units
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 49
  • Assessor Parcel Number 500-18-426-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Casa Lomas Subdivision

Building Details

  • Operating Expense $10,298
  • Gross Income $96,000
  • Net Operating Income $21,179

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,158

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Dysart & I-10
  • Legal Info Range: 1W
  • Property Type: Multiple Dwellings
  • Zoning: MF
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2014
  • Directions: I10 to Dysart Rd, South on Dysart to E Van Buren St, West on Van Buren, South on N. 4th St to property on the corner of 4th St and Lawrence Blvd
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1200.0
  • Subdivision Name: Casa Lomas
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: 2 or More Units, 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

  • 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

Fee Information

  • Trash Expense: 1440.0
  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Avondale Middle School
  • High School: Agua Fria High School
  • Middle Or Junior School: Avondale Middle School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 500-18-426-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 96000.0
  • Insurance Expense: 2100.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 21179.0
  • Annual Operating Expense: 10298.02
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 1158.02
  • Tax Book Number: 500.00
  • Tax Lot: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jun 9, 2015
Sold by
Linnartz Andre
Bought by
Linnartz Creative Llc
Seller's Agent
Katherine Thompson
Realty ONE Group
Buyer's Agent
Terry Kass
R.O.I. Properties
List Price
$164,000
Sold Price
$164,000
Current Estimated Value
$531,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,151
Avg. Annual Appreciation
12.41%

Purchase Details

Listed on
Mar 13, 2015
Closed on
Apr 9, 2015
Sold by
Unlimited Consulting Solutions Llc
Bought by
Linnartz Andre
Seller's Agent
Katherine Thompson
Realty ONE Group
Buyer's Agent
Terry Kass
R.O.I. Properties
List Price
$164,000
Sold Price
$164,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,150
Outstanding Balance
$83,463
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$463,548

Purchase Details

Closed on
Sep 14, 2009
Sold by
Thompson Gary T and Thompson Katherine A
Bought by
Unlimited Consulting Solutions Llc

Purchase Details

Closed on
Mar 25, 2009
Sold by
Gough William Scott
Bought by
Wells Fargo Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,425
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Thompson Gary T and Thompson Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,425
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2008
Sold by
Gough William Scott
Bought by
Wells Fargo Bank Na and Structured Asset Mortgage Investments Ii

Purchase Details

Closed on
Mar 7, 2006
Sold by
Gough William Scott
Bought by
600 N 4Th Street Llc

Purchase Details

Closed on
Apr 6, 2005
Sold by
Gough Karen
Bought by
Gough William Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2004
Sold by
Williams Simon J
Bought by
Te Wiremu Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2004
Sold by
Neklewicz Robert N
Bought by
Williams Simon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
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
Linnartz Creative Llc -- None Available
Linnartz Andre $159,500 Clear Title Agency
Unlimited Consulting Solutions Llc -- Accommodation
Wells Fargo Bank National Association $174,472 None Available
Thompson Gary T $129,900 Lsi Title Agency
Wells Fargo Bank Na $174,472 None Available
600 N 4Th Street Llc $295,000 None Available
Gough William Scott -- Tsa Title Agency
Gough William Scott $295,000 Tsa Title Agency
Te Wiremu Management Llc -- Capital Title Agency Inc
Williams Simon J $249,500 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linnartz Andre $107,150
Previous Owner Thompson Gary T $97,425
Previous Owner Gough William Scott $236,000
Previous Owner Williams Simon J $199,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2015 04/23/15 Sold $164,000 0.0% $48 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $164,000 -- $48 / 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 $1,227 $11,738 -- --
2024 $1,216 $11,179 -- --
2023 $1,216 $49,000 $9,800 $39,200
2022 $1,172 $29,530 $5,900 $23,630
2021 $1,236 $23,160 $4,630 $18,530
2020 $1,198 $17,960 $3,590 $14,370
2019 $1,191 $17,530 $3,500 $14,030
2018 $1,195 $14,970 $2,990 $11,980
2017 $1,166 $13,270 $2,650 $10,620
2016 $1,189 $11,710 $2,340 $9,370
2015 $1,106 $11,010 $2,200 $8,810
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Katherine Thompson

    Realty One Group

    Section Image
  • Terry Kass

    Buyer's Agent in 2015

    Terry Kass

    R.O.I. Properties

    (602) 330-2525

    28 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5250099

Arizona Regional Multiple Listing Service (ARMLS)

APN: 500-18-426A

Arizona Maricopa County Avondale 85323 Old Town

600 N 4th St, Avondale, AZ

This home is located at 600 N 4th St, Avondale, AZ 85323 since 13 March 2015 and is currently estimated at $513,249, approximately $149 per square foot. This property was built in 1982. 600 N 4th St is a home located in Maricopa County with nearby schools including Lattie Coor, Eliseo C. Felix School, and Avondale Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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