NOT LISTED FOR SALE

Estimated Value: $993,000 - $1,355,000

1 Bed
-- Bath
4,312 Sq Ft
$272/Sq Ft Est. Value

Last Sold September 10, 2013

Last sale price $255,000 $59 Per Sq Ft

Est. 359% increase in value since last sale

Current estimated payment $6,345/month

7 Days on Market

Highlights

  • Central Heating and Cooling System
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of September 2013

Great investment opportunity!All 3bd/2bth units*each unit has 2 assigned covered parking spots*Front two units have private fenced patio/yard area.Back two units have large private fenced yards & fenced front patio.Easy to rent!Each unit has private washer/dryer hookups & a storage room.All four units were rented prior to foreclosure,so repair to re-rent should be minimal but you be the judge-come take a look!One of the units was eligible for section 8 previously,approval for additional units might be possible.Spacious living rooms,big mstr bdrms w/vaulted ceilings.Easy freeway access.Individually metered for electric & water!Don't delay - this one will not last! Buyer to verify all facts & figures including those listed in the MLS.

Last Agent to Sell the Property

BEVERLY BERRETT

Berkshire Hathaway HomeServices Arizona Properties License #SA505742000 Listed on: 07/15/2013

Berkshire Hathaway HomeServices Arizona Properties

Co-Listed By

Stephanie Lindberg

West USA Realty License #SA578198000

Last Buyer's Agent

Krista Bilsten

Berkshire Hathaway HomeServices Arizona Properties License #SA584280000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,535

Year Built

  • Built in 1986

Lot Details

  • 10,280

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

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

Schools

  • Mendoza Elementary School
  • Shepherd Junior High School
  • Red Mountain High School

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV, landscaping
  • Tax Lot 27
  • Assessor Parcel Number 141-84-338

Community Details

Overview

  • 4 Units
  • Building Dimensions are 67x131x79x132
  • Manor View Subdivision

Building Details

  • Operating Expense $1,535

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,535

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Power & Brown
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: RM3
  • Number Of Buildings: 1
  • Year Built: 1986
  • Tax Year: 2012
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: praz07
  • Co List Office Phone: 480-467-4900
  • Subdivision Name: Manor View
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Individual, Electric, Ceiling Fan(s)
  • Heating: Individual, Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Mendoza Elementary School
  • High School: Red Mountain High School
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: 67x131x79x132
  • Additional Parcels: No
  • Parcel #: 141-84-338

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 4
  • Annual Operating Expense: 1535.16

Tax Info

  • Tax Annual Amount: 1535.16
  • Tax Book Number: 141.00
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Sep 25, 2013
Sold by
Grubka Frank M
Bought by
Mason Madison Properties Llc
Seller's Agent
BEVERLY BERRETT
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Krista Bilsten
Berkshire Hathaway HomeServices Arizona Properties
List Price
$162,640
Sold Price
$255,000
Premium/Discount to List
$92,360
56.79%
Current Estimated Value
$1,171,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$916,667
Avg. Annual Appreciation
13.14%

Purchase Details

Listed on
Jul 15, 2013
Closed on
Sep 3, 2013
Sold by
The Bank Of New Mellon
Bought by
Grubka Frank M
Seller's Agent
BEVERLY BERRETT
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Krista Bilsten
Berkshire Hathaway HomeServices Arizona Properties
List Price
$162,640
Sold Price
$255,000
Premium/Discount to List
$92,360
56.79%

Purchase Details

Closed on
Apr 24, 2013
Sold by
Lawson E Leroy
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 16, 2008
Sold by
Lawson E Leroy
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Feb 9, 2006
Sold by
Lawson E Leroy
Bought by
L & M Strategic Investments

Purchase Details

Closed on
Aug 17, 2005
Sold by
Matlock Brian
Bought by
Lawson E Leroy and Lawson Joy

Purchase Details

Closed on
Dec 21, 2004
Sold by
L & M Strategic Investments Llc
Bought by
Matlock Brian

Purchase Details

Closed on
Jan 16, 2003
Sold by
Lawson E Leroy
Bought by
L & M Strategic Investments

Purchase Details

Closed on
Nov 9, 2001
Sold by
Matlock Brian K
Bought by
Lawson E Leroy and Lawson Joy A

Purchase Details

Closed on
Jan 21, 1999
Sold by
Lawson E Leroy
Bought by
Matlock Brian K

Purchase Details

Closed on
Apr 11, 1998
Sold by
Lawson Everett L
Bought by
Lawson E Leroy and Lawson Joy A
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
Mason Madison Properties Llc -- None Available
Grubka Frank M $255,000 Lawyers Title Of Arizona Inc
The Bank Of New York Mellon $285,696 None Available
Jpmorgan Chase Bank National Association $422,647 None Available
L & M Strategic Investments -- Camelback Title Agency Llc
Lawson E Leroy -- Camelback Title Agency Llc
Matlock Brian -- Camelback Title Agency Llc
L & M Strategic Investments -- --
Lawson E Leroy -- Arizona Title Agency Inc
Matlock Brian K -- Chicago Title Insurance Co
Lawson E Leroy -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2013 09/10/13 Sold $255,000 +56.8% $59 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $162,640 -- $38 / 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 $2,616 $26,515 -- --
2024 $2,624 $25,252 -- --
2023 $2,624 $75,620 $15,120 $60,500
2022 $2,570 $53,680 $10,730 $42,950
2021 $2,601 $46,680 $9,330 $37,350
2020 $2,567 $41,670 $8,330 $33,340
2019 $2,399 $36,560 $7,310 $29,250
2018 $2,302 $33,710 $6,740 $26,970
2017 $2,233 $23,460 $4,690 $18,770
2016 $2,192 $23,080 $4,610 $18,470
2015 $2,060 $22,480 $4,490 $17,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4968071

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-84-338