NOT LISTED FOR SALE

Estimated Value: $764,000 - $1,193,000

-- Bed
7 Baths
3,491 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 03, 2014

Last sale price $475,000 $136 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,414/month

10 Days on Market

Highlights

  • Cooling Available
  • Stone Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of July 2014

Super North Phoenix Location. Across the street from Madison Elementary School. Value-add opportunity. 6201 & 6207 N 12th Street. 2-triplex's, 2 parcels, seller will not sell separately but you can use residential financing. Superb location for an owner occupant. 2 & 3 Bedroom Units. Alley behind is privately owned. Security lighting in the alley at a shared cost. DRIVE BY ONLY. SUBMIT OFFER FOR LOOK AT BOOKS AND INTERIORS. HUGE upside in rents after remodel.

Last Agent to Sell the Property

Tonya Calkins

Realty ONE Group License #BR518449000 Listed on: 04/05/2014

Last Buyer's Agent

Justin Bland

Better Homes & Gardens Real Estate SJ Fowler License #SA529935000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,786

Year Built

  • Built in 1959

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Stone
  • Concrete

Parking

  • 4 Open Parking Spaces
  • 10 Parking Spaces
  • 6 Covered Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 3 & 4
  • Assessor Parcel Number 161-12-073

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $10,808
  • Gross Income $2,850
  • Net Operating Income $27,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,786

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: Rose Lane & 12th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 2
  • Year Built: 1959
  • Tax Year: 2013
  • Directions: 1/4 mile north of Bethany Home Rd. on the NE Corner
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1800.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Stone, Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • 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:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 132.0
  • Trash Expense: 1000.0
  • Annual Water Sewer Expense: 800.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 161-12-073

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 6
  • Electric Expense: 970.0
  • Annual Gross Income: 2850.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 1220.0
  • Property Net Operating Income: 27250.0
  • Annual Operating Expense: 10808.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2786.0
  • Tax Book Number: 161.00
  • Tax Lot: 3 & 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2021
Sold by
46Th Street Llc
Bought by
Coelho Tony T and The Tony T Coelho Living Trust
Current Estimated Value
$988,667

Purchase Details

Closed on
Jan 25, 2021
Sold by
Cranmer Elizabeth and The Cramer Family Trust
Bought by
46Th Street Llc

Purchase Details

Closed on
Apr 29, 2019
Sold by
Esquare 9 Llc
Bought by
The Crammer Family Trust

Purchase Details

Listed on
Apr 5, 2014
Closed on
Jun 27, 2014
Sold by
Jung Richard S and An Jung Julia Hyo Jung
Bought by
Esquare 9 Llc
Seller's Agent
Tonya Calkins
Realty ONE Group
Buyer's Agent
Justin Bland
Better Homes & Gardens Real Estate SJ Fowler
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$265,000
Interest Rate
4.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 22, 2004
Sold by
Jung Richard
Bought by
Jung Richard S and An Jung Julia Hyo Jung

Purchase Details

Closed on
Apr 25, 2002
Sold by
Jones Patricia Doris Ida
Bought by
Jones Dee R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,833
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2002
Sold by
Jones Dee R
Bought by
Jung Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,833
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2000
Sold by
Shifman Peter
Bought by
Jones Dee R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 1999
Sold by
Jackson Milton Kyle
Bought by
Milton Kyle Jackson Family Charitable Re

Purchase Details

Closed on
Jul 5, 1996
Sold by
Boyd James P
Bought by
Jackson Milton Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,600
Interest Rate
7.88%
Mortgage Type
Trade
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
Coelho Tony T $2,100,000 Old Republic Title Agency
46Th Street Llc $1,170,000 Old Republic Title Agency
The Crammer Family Trust $900,000 Old Republic Title Agency
Esquare 9 Llc $237,500 Lawyers Title Of Arizona Inc
Jung Richard S -- --
Jones Dee R -- First American Title Ins Co
Jung Richard $172,500 First American Title Ins Co
Jones Dee R $155,000 Ati Title Agency
Milton Kyle Jackson Family Charitable Re -- Arizona Title Agency Inc
Jackson Milton Kyle $107,500 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Esquare 9 Llc $265,000
Previous Owner Jung Richard $105,833
Previous Owner Jones Dee R $139,500
Previous Owner Jackson Milton Kyle $80,600
Closed Jackson Milton Kyle $16,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2014 07/03/14 Sold $475,000 -5.0% $136 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $500,000 -- $143 / 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 $2,062 $16,602 -- --
2024 $2,007 $15,812 -- --
2023 $2,007 $51,600 $10,850 $40,750
2022 $1,947 $40,020 $8,410 $31,610
2021 $1,964 $33,990 $7,140 $26,850
2020 $1,933 $27,880 $5,860 $22,020
2019 $1,891 $23,460 $4,930 $18,530
2018 $1,844 $20,800 $4,370 $16,430
2017 $1,757 $18,950 $3,980 $14,970
2016 $1,697 $16,650 $3,500 $13,150
2015 $1,576 $16,270 $3,420 $12,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5095974

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-12-073