NOT LISTED FOR SALE

Estimated Value: $372,018

-- Bed
-- Bath
2,533 Sq Ft
$147/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $325,000 $128 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,396/month

65 Days on Market

Highlights

  • Central Air
  • Sunnyslope High School Rated A
  • Heating System Uses Natural Gas

About This Home

As of April 2021

Great Location between the 7s in the coveted Sunnyslope school district
Buy, Hold, Develop, Sell Strategy
Zoned R3 equivalent, or C2
Multifamily Development Opportunity
$3,200,000 Resale Value
Lot across the street to the south is 2.73 acres and currently under development for multi-family
Rents in area:
1bd $900
2bd $1200
3bd $1400
Recent Comps
7230 N Central Ave Phoenix, AZ 85020 sqft 1/2 acre $763,200
611 W MCLELLAN Blvd Phoenix, AZ sqft 1/2 acre $835,000

Last Agent to Sell the Property

Robert Hundley

Asher Chaim LLC License #BR691397000 Listed on: 02/18/2021

Co-Listed By

Tim Winter

4DC Realty

Last Buyer's Agent

David Pierce

My Home Group Real Estate License #BR544648000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,729

Year Built

  • Built in 1958

Lot Details

  • 0.41

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Free Parking
  • Paved Parking

Schools

  • Sunnyslope Elementary School
  • Royal Palm Middle School
  • Sunnyslope High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 159-51-016

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are 239x78
  • Foothill Acres 2 Subdivision

Building Details

  • Operating Expense $4,729

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,729

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 7TH AND DUNLAP
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3 or C-2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2020
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Co List Office Mls Id: ashc01
  • Co List Office Phone: 480-331-4174
  • Subdivision Name: FOOTHILL ACRES 2
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved, Free
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking Features Free2: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Lot Size: 239x78
  • Additional Parcels: No
  • Parcel #: 159-51-016

Multi Family

  • Owner Pays: Other
  • Number Of Units Total: 8
  • Annual Operating Expense: 4729.0

Tax Info

  • Tax Annual Amount: 4729.0
  • Tax Book Number: 159.00
  • Tax Lot: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 28, 2021
Sold by
Asher Chaim Llc
Bought by
Bros Properties Llc
Seller's Agent
Robert Hundley
Asher Chaim LLC
Buyer's Agent
David Pierce
My Home Group Real Estate
List Price
$520,000
Sold Price
$325,000
Premium/Discount to List
-$195,000
-37.5%
Current Estimated Value
$372,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,018
Avg. Annual Appreciation
3.12%

Purchase Details

Listed on
Feb 21, 2017
Closed on
Mar 14, 2017
Sold by
Mission Lane Llc
Bought by
A Choice Services & Sales Inc
Seller's Agent
Joe Montalto
USELLSMART Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%

Purchase Details

Closed on
May 26, 2006
Sold by
Purdy Theodore T and Purdy Arlene R
Bought by
Mission Lane Llc

Purchase Details

Closed on
Mar 31, 2006
Sold by
Purdy Ted and Purdy Arlene
Bought by
Purdy Theodore T and Purdy Arlene R

Purchase Details

Closed on
Dec 6, 2005
Sold by
Scott Joann
Bought by
Purdy Ted and Purdy Arlene

Purchase Details

Closed on
Feb 14, 1995
Sold by
Scott Jesse L and Scott Joann
Bought by
Scott Jesse L and Scott Joann
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bros Properties Llc $325,000 Empire West Title Agency Llc
Asher Chaim Llc $305,000 Empire West Title Agency Llc
A Choice Services & Sales Inc $210,000 Chicago Title
Mission Lane Llc -- None Available
Purdy Theodore T -- None Available
Purdy Ted $300,000 First American Title Ins Co
Scott Jesse L -- --
Scott Jesse L -- --
Riedmann William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mission Lane Llc $250,000
Previous Owner Mission Lane Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $325,000 -17.7% $128 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/22/2021 04/22/21 Price Changed $395,000 -24.0% $156 / Sq Ft
02/18/2021 02/18/21 For Sale $520,000 +147.6% $205 / Sq Ft
03/31/2017 03/31/17 Sold $210,000 -16.0% $83 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $250,000 -- $99 / 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 $4,622 $36,643 -- --
2024 $4,675 $35,988 -- --
2023 $4,675 $51,714 $24,072 $27,642
2022 $4,656 $37,485 $20,790 $16,695
2021 $4,850 $40,374 $21,384 $18,990
2020 $4,729 $37,476 $21,006 $16,470
2019 $4,643 $32,094 $18,918 $13,176
2018 $4,521 $32,778 $17,802 $14,976
2017 $4,498 $33,588 $17,118 $16,470
2016 $4,417 $27,846 $15,840 $12,006
2015 $4,204 $26,178 $13,857 $12,321
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6196232

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-51-016