NOT LISTED FOR SALE

Estimated Value: $348,000 - $1,058,442

Studio
-- Bath
4,243 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 18, 2015

Last sale price $200,000 $47 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $4,362/month

241 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of May 2015

This is a cash cow!! Seller prefers a cash buyer, sold in AS IS Condition. Two of the homes the tenants pays for the gas and electric, owner pays for electric, water, sewer, and gas in the others.

Last Agent to Sell the Property

Alicia Rodriguez

My Home Group Real Estate License #SA516362000 Listed on: 09/05/2014

My Home Group Real Estate

Last Buyer's Agent

Manuel Zapata

Realty ONE Group License #SA656480000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1965

Lot Details

  • 0.54

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Paved Parking

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for electricity, trash collection, water, sewer
  • Tax Lot 27
  • Assessor Parcel Number 114-27-020

Community Details

Overview

  • 4 Buildings
  • 10 Units
  • Building Dimensions are 23,928

Building Details

  • Operating Expense $19,249
  • Net Operating Income $53,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$852

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: Southern Ave and 10 Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1965
  • Tax Year: 2013
  • Road Surface Type: Dedicated Street
  • Subdivision Name: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Fuel Expense: 1260.0
  • Trash Expense: 2000.0
  • Annual Water Sewer Expense: 7800.0

Schools

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

Lot Info

  • Lot Size: 23,928
  • Additional Parcels: No
  • Parcel #: 114-27-020

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 10
  • Electric Expense: 4200.0
  • Insurance Expense: 3137.0
  • Property Net Operating Income: 53880.0
  • Annual Operating Expense: 19249.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 852.0
  • Tax Book Number: 114.00
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2022
Sold by
Diosdado Salvador A and Diosdado Marisol L
Bought by
Diosdado Properties Llc
Current Estimated Value
$805,895

Purchase Details

Closed on
Dec 9, 2021
Sold by
Diosdado Salvador A and Diosdado Marisol L
Bought by
Diosdado Properties Llc

Purchase Details

Listed on
Sep 5, 2014
Closed on
May 4, 2015
Sold by
Roman Ruben C and Roman Leticia C
Bought by
Diosdado Salvador A and Diosdado Marisol L
Seller's Agent
Alicia Rodriguez
My Home Group Real Estate
Buyer's Agent
Manuel Zapata
Realty ONE Group
List Price
$235,000
Sold Price
$200,000
Premium/Discount to List
-$35,000
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.28%

Purchase Details

Closed on
Oct 30, 2003
Sold by
Gonzales Raul B and Gonzales Luciana
Bought by
Roman Ruben and Roman Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.94%
Mortgage Type
Seller Take Back
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
Diosdado Properties Llc -- None Listed On Document
Diosdado Properties Llc -- None Available
Diosdado Salvador A $192,000 First American Title Ins Co
Roman Ruben $170,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roman Ruben $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2015 05/18/15 Sold $200,000 +5.3% $47 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
03/31/2015 03/31/15 Sold $190,000 -19.1% $45 / Sq Ft View Prior Sale
03/04/2015 03/04/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $235,000 0.0% $55 / Sq Ft
09/05/2014 09/05/14 For Sale $235,000 -- $55 / 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 $1,781 $11,810 -- --
2024 $1,593 $11,248 -- --
2023 $1,593 $59,800 $11,960 $47,840
2022 $1,561 $42,010 $8,400 $33,610
2021 $1,601 $35,610 $7,120 $28,490
2020 $1,581 $31,380 $6,270 $25,110
2019 $1,529 $26,730 $5,340 $21,390
2018 $1,486 $19,770 $3,950 $15,820
2017 $1,401 $17,700 $3,540 $14,160
2016 $1,331 $15,720 $3,140 $12,580
2015 $1,245 $11,930 $2,380 $9,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5167378

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-27-020