$105,100
SOLD AUG 21, 2013
-- Bed
-- Bath
1,445 Sq Ft
9,365 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

6% Above List Price

3 Days on Market

Highlights

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

About This Home

As of March 2017

ATTENTION BUYERS! THIS IS NOT A SHORT SALE OR FORECLOSURE, BUT INSTEAD A GREAT INVESTMENT OPPORTUNITY FOR OWNING A MULTI-UNIT! THIS DUPLEX HAS BEEN WELL MAINTAINED AND MANAGED BY THE OWNER AND AS OF TODAY (7/30/13) IS FULLY RENTED. ALL APPLIANCES IN WHICH SELLER OWNES WITHIN THESE UNITS WILL CONVEY WITH THE PROPERTY, HOWEVER SELLER WILL NOT WARRANT WORKING CONDITION. THIS PROPERTY IS SOLD AS IS. BUYER TO VERIFY ALL FACTS AND FINANCIALS ON PROPERTY DURING INSPECTION PERIOD. CONTACT LISTING AGENT FOR MORE DETAILS. PLEASE DRIVE BY ONLY AND DO NOT DISTURB TENANTS. SUBMIT YOUR OFFER TODAY!

Last Agent to Sell the Property

Nycole Leyba

Better Homes & Gardens Real Estate SJ Fowler License #SA561315000 Listed on: 07/30/2013

Last Buyer's Agent

Karen Despines

HomeSmart License #SA028565000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $510

Year Built

  • Built in 1962

Home Design

  • Block Exterior

Flooring

  • Wood Flooring

Parking

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

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water
  • Tax Lot 18
  • Assessor Parcel Number 137-24-079

Community Details

Overview

  • 2 Units
  • Building Dimensions are IRR
  • Kent Manor Subdivision

Building Details

  • Operating Expense $2,830
  • Gross Income $13,200
  • Net Operating Income $10,034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$510

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: Brown & Center
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1962
  • Tax Year: 2012
  • Directions: FROM BROWN SOUTH ON CENTER TO UNIVERSITY GO WEST, NORTH ON NORTH DREW STREET AND HEAD WEST ON TO 650 NORTH DREW WEST STREET. PROPERTY IS LOCATED ON THE WEST SIDE OF THE STREET.
  • Road Surface Type: Asphalt
  • Subdivision Name: KENT MANOR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: City Electric
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 400.0
  • Annual Water Sewer Expense: 720.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 137-24-079

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 13200.0
  • Insurance Expense: 600.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 10034.0
  • Annual Operating Expense: 2829.52

Tax Info

  • Tax Annual Amount: 509.52
  • Tax Book Number: 137.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Townsend James M
Bought by
650 Drew Llc
Current Estimated Value
$393,055

Purchase Details

Listed on
Nov 17, 2016
Closed on
Feb 23, 2017
Sold by
Classic Holdings Llc
Bought by
Townsend James M
Seller's Agent
Karen Despines
HomeSmart
Buyer's Agent
Heather Cates
Realty ONE Group
List Price
$169,500
Sold Price
$169,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$168,547
Interest Rate
4.19%
Mortgage Type
VA

Purchase Details

Listed on
Jul 30, 2013
Closed on
Aug 9, 2013
Sold by
Tripodi Antonio J and Tripodi Mary Theresa
Bought by
Classic Holdings Llc
Seller's Agent
Nycole Leyba
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Karen Despines
HomeSmart
List Price
$99,500
Sold Price
$105,100
Premium/Discount to List
$5,600
5.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.33%

Purchase Details

Closed on
Mar 2, 2006
Sold by
Tripodi Antonio J
Bought by
Tripodi Antonio J and Tripodi Mary Theresa

Purchase Details

Closed on
Jul 28, 1995
Sold by
Schnabel Rudolph K
Bought by
Barkley Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,098
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 1995
Sold by
Barkley Suzanne M
Bought by
Tripodi Antonio J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,098
Interest Rate
7.62%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $169,500 Great Arnerican Title Agency
Cash Sale Deed $105,100 Stewart Title & Trust Of Pho
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Grand Canyon Title Agency In
Warranty Deed $68,500 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $172,056 VA
Previous Owner $168,407 VA
Previous Owner $169,025 VA
Previous Owner $168,547 VA
Previous Owner $68,098 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2017 03/15/17 Sold $169,500 0.0% $117 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
11/17/2016 11/17/16 For Sale $169,500 +61.3% $117 / Sq Ft
08/21/2013 08/21/13 Sold $105,100 +5.6% $73 / Sq Ft
08/02/2013 08/02/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $99,500 -- $69 / 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 $880 $8,523 -- --
2024 $886 $8,117 -- --
2023 $886 $26,720 $5,340 $21,380
2022 $865 $20,220 $4,040 $16,180
2021 $875 $17,400 $3,480 $13,920
2020 $825 $15,510 $3,100 $12,410
2019 $771 $12,950 $2,590 $10,360
2018 $740 $11,670 $2,330 $9,340
2017 $718 $9,760 $1,950 $7,810
2016 $705 $9,060 $1,810 $7,250
2015 $662 $7,900 $1,580 $6,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4975362

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-24-079