NOT LISTED FOR SALE

Estimated Value: $432,000 - $490,000

-- Bed
3 Baths
1,430 Sq Ft
$324/Sq Ft Est. Value

Last Sold February 27, 2013

Last sale price $114,000 $80 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $2,648/month

31 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of February 2013

Great investment opportunity! Why buy a property that you can't see prior to offer acceptance? This property can be viewed now. You can put in some handyman work & elbow grease, then choose your own tenants! Great location near public transportation, shopping & more.Big lot, carport parking for each unit. Laundry room w/hookups next to private storage for each unit. Each unit has front & back door. Individually metered. Big backyard!! Open great room plan in each unit will be easy to rent. Buyer to verify all facts & figures including those listed in the MLS.

Last Listed By

BEVERLY BERRETT

Berkshire Hathaway HomeServices Arizona Properties License #SA505742000 Listed on: 12/31/2012

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $615

Year Built

  • Built in 1961

Lot Details

  • 10,759

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Schools

  • Eisenhower Center For Innovation Elementary School
  • Poston Junior High School
  • Westwood High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 137-29-002

Community Details

Overview

  • 3 Units
  • Building Dimensions are 145x73

Building Details

  • Operating Expense $615

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$615

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: Country Club & University
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Year Built: 1961
  • Tax Year: 2012
  • Directions: E on University, N on Drew, W at T-intersection, Drew continues N
  • Road Surface Type: Dedicated Street
  • Co List Office Mls Id: praz07
  • Co List Office Phone: 480-467-4900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes

Utilities

  • Electric: City Electric, Individual Meter
  • Cooling: 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
  • Amenities: None

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Eisenhower Center For Innovation
  • High School: Westwood High School
  • Middle Or Junior School: Poston Junior High School

Lot Info

  • Lot Size: 145x73
  • Additional Parcels: No
  • Parcel #: 137-29-002

Multi Family

  • Owner Pays: None
  • Tenant Pays: None
  • Number Of Units Total: 3
  • Annual Operating Expense: 615.42

Tax Info

  • Tax Annual Amount: 615.42
  • Tax Book Number: 137.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2012
Closed on
Feb 26, 2013
Sold by
Morales Lorenzo
Bought by
Torres Maria E Clavijo
Seller's Agent
BEVERLY BERRETT
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Magali Whitby
Realty Achievers LLC
List Price
$97,370
Sold Price
$114,000
Premium/Discount to List
$16,630
17.08%
Total Days on Market
31
Current Estimated Value
$463,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,333
Avg. Annual Appreciation
12.70%
Original Mortgage
$45,000
Outstanding Balance
$32,339
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$458,328

Purchase Details

Listed on
Dec 31, 2012
Closed on
Feb 22, 2013
Sold by
The Bank Of New York Mellon
Bought by
Clavijo Lorena Morales and Torres Maria E Clavijo
Seller's Agent
BEVERLY BERRETT
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Magali Whitby
Realty Achievers LLC
List Price
$97,370
Sold Price
$114,000
Premium/Discount to List
$16,630
17.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Outstanding Balance
$32,339
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$458,328

Purchase Details

Closed on
Nov 30, 2012
Sold by
Cueva Aniano I and Cueva Erlinda D
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 12, 2005
Sold by
Cueva Aniano I and Cueva Erlinda D
Bought by
Cueva Aniano I and Cueva Erlinda D

Purchase Details

Closed on
May 4, 2005
Sold by
Loza Taurino and Martinez Marina
Bought by
Cueva Aniano I and Cueva Erlinda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2002
Sold by
Bellerose John A and Bellerose Carol C
Bought by
Loza Taurino and Martinez Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,744
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 1998
Sold by
Donegan John M and Donegan Joan C
Bought by
Bellerose John A and Bellerose Carol C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
7.11%

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
Torres Maria E Clavijo -- Lawyers Title Of Arizona Inc
Clavijo Lorena Morales $114,000 Lawyers Title Of Arizona Inc
The Bank Of New York Mellon $161,501 None Available
Cueva Aniano I -- --
Cueva Aniano I $212,500 --
Loza Taurino $150,000 Lawyers Title Of Arizona Inc
Bellerose John A -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clavijo Lorena Morales $45,000
Previous Owner Cueva Aniano I $170,000
Previous Owner Loza Taurino $147,744
Previous Owner Bellerose John A $63,900
Closed Cueva Aniano I $21,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2013 02/27/13 Sold $114,000 +17.1% $80 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
12/31/2012 12/31/12 For Sale $97,370 -- $68 / 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 $945 $9,129 -- --
2024 $952 $8,694 -- --
2023 $952 $33,750 $6,750 $27,000
2022 $929 $24,810 $4,960 $19,850
2021 $940 $21,020 $4,200 $16,820
2020 $884 $19,060 $3,810 $15,250
2019 $826 $16,550 $3,310 $13,240
2018 $793 $14,680 $2,930 $11,750
2017 $769 $11,900 $2,380 $9,520
2016 $755 $11,000 $2,200 $8,800
2015 $709 $9,700 $1,940 $7,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4867704

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-29-002