NOT LISTED FOR SALE

Estimated Value: $469,000 - $594,000

-- Bed
4 Baths
795 Sq Ft
$685/Sq Ft Est. Value

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating System Uses Natural Gas

About This Home

Great investment property-ideally located, just two miles from the 60 freeway and Superstition Springs shopping center. Well maintained and individually metered fourplex with two buildings. Each unit has approximately 760 sq ft, with two bedrooms, one bath and covered patio. All facts and figures are approximate and not guaranteed, buyer to verify all information to their satisfaction including MLS information.

Last Listed By

Angel Nevarez

My Home Group Real Estate License #SA572354000 Listed on: 05/16/2017

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,113

Year Built

  • Built in 1970

Lot Details

  • 0.41

Home Design

  • Composition Roof

Schools

  • Salk Elementary School
  • Fremont Junior High School
  • Red Mountain High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water
  • Legal Lot and Block 12 / 3
  • Assessor Parcel Number 141-60-042-A

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 150 x 120
  • Granite Reef Vista 1 Subdivision

Building Details

  • Operating Expense $5,753
  • Net Operating Income $18,569

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,113

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: 64th and Main
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Year Built: 1970
  • Tax Year: 2016
  • Directions: East on Main street pass Rocker road to 64th street, North on 64th street to Avalon st, go East to property.
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: Granite Reef Vista 1
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Other, See Remarks, Slump Block
  • Roof: See Remarks, Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1200.0
  • Annual Water Sewer Expense: 2880.0

Schools

  • Elementary School: Salk Elementary School
  • High School: Red Mountain High School
  • Middle Or Junior School: Fremont Junior High School

Lot Info

  • Lot Size: 150 x 120
  • Additional Parcels: No
  • Parcel #: 141-60-042-A

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Maintenance Expense: 560.0
  • Property Net Operating Income: 18569.0
  • Annual Operating Expense: 5753.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1113.0
  • Tax Block: 3
  • Tax Book Number: 141.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2017
Closed on
Jul 20, 2017
Sold by
Betancourt Elva
Bought by
Dominguez Julian L
Seller's Agent
Angel Nevarez
My Home Group Real Estate
Buyer's Agent
Janet Glon
US Preferred Realty
List Price
$318,900
Sold Price
$315,000
Premium/Discount to List
-$3,900
-1.22%
Total Days on Market
12
Current Estimated Value
$544,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,926
Avg. Annual Appreciation
6.28%
Original Mortgage
$204,750
Outstanding Balance
$173,857
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$333,604

Purchase Details

Listed on
May 16, 2017
Closed on
Jul 18, 2017
Sold by
Dominguez Julian L
Bought by
Knight Patricia and Knight Steven
Seller's Agent
Angel Nevarez
My Home Group Real Estate
Buyer's Agent
Janet Glon
US Preferred Realty
List Price
$318,900
Sold Price
$315,000
Premium/Discount to List
-$3,900
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,750
Outstanding Balance
$173,857
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$333,604

Purchase Details

Closed on
Jul 13, 2004
Sold by
Hahn Clay
Bought by
Dominguez Julian L and Dominguez Elva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1999
Sold by
Beard Robbie
Bought by
Hahn Clay and Hahn Clay B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,020
Interest Rate
6.79%
Mortgage Type
VA

Purchase Details

Closed on
Jan 27, 1994
Sold by
Beard
Bought by
Beard Robbie N

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
Dominguez Julian L -- Driggs Title Agency Inc
Knight Patricia $315,000 Driggs Title Agency Inc
Dominguez Julian L $222,000 Fidelity National Title
Hahn Clay $160,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Patricia $204,750
Previous Owner Dominguez Julian L $177,600
Previous Owner Hahn Clay $140,814
Previous Owner Hahn Clay $154,020
Closed Dominguez Julian L $44,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2017 05/10/17 For Sale $318,900 -- $401 / 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 $1,331 $14,781 -- --
2024 $1,349 $14,077 -- --
2023 $1,349 $44,900 $8,980 $35,920
2022 $1,317 $33,810 $6,760 $27,050
2021 $1,314 $30,480 $6,090 $24,390
2020 $1,303 $28,210 $5,640 $22,570
2019 $1,208 $22,470 $4,490 $17,980
2018 $1,178 $21,870 $4,370 $17,500
2017 $1,137 $19,170 $3,830 $15,340
2016 $1,113 $17,110 $3,420 $13,690
2015 $1,040 $14,400 $2,880 $11,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5605794

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-60-042A