NOT LISTED FOR SALE

Estimated Value: $684,451 - $1,093,000

Studio
-- Baths
3,196 Sq Ft
$271/Sq Ft Est. Value

Sale Details

Date Sold: April 10, 2015

Last sale price $318,000 $99 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $5,021 / mo

12 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • Madison Richard Simis School Rated A-

About This Home

As of April 2015

Triplex in the perfect area, rents with just putting out a sign. Vacancy none had same tenants for about 7 years. Great for owner occupy like 3 homes with large backyards.

Last Agent to Sell the Property

Justin Bland

Better Homes & Gardens Real Estate SJ Fowler License #SA529935000 Listed on: 02/18/2015

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Rick Amador

eXp Realty License #SA536301000

eXp Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,898

Year Built

  • Built in 1959

Lot Details

  • 0.28

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Concrete
  • Ceramic Tile

Parking

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

Schools

  • Madison Elementary School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, landscaping
  • Assessor Parcel Number 161-07-080-E

Community Details

Overview

  • 3 Units
  • Building Dimensions are irr
  • N2 Of W 145F Of E 308F Of S2 N2 Sw4 Sw4 Ne4 Subdivision

Building Details

  • Gross Income $33,174
  • Net Operating Income $26,402

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,898

Year Built

Built in 1959

Lot Details

0.28 Acres

Listing Details

  • Cross Street: 12th St Maryland
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2013
  • Road Surface Type: Private Street, Concrete
  • Professional Management Expense: 1500.0
  • Subdivision Name: N2 of W 145f of e 308f of s2 n2 sw4 sw4 ne4
  • Tax Parcel Letter: E
  • Cooling:Ceiling Fan(s): Yes
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances: F/S Oven/Range, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved Parking, Free, >1 Space Per Unit, 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
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Trash Expense: 800.0
  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Madison Elementary School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 161-07-080-E

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 33174.0
  • Insurance Expense: 850.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 26402.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1898.0
  • Tax Book Number: 161.00
  • Tax Lot: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2015
Closed on
Apr 9, 2015
Sold by
Bought by
Seller's Agent
Justin Bland
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Rick Amador
eXp Realty
List Price
$318,000
Sold Price
$318,000
Current Estimated Value
$867,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,363
Avg. Annual Appreciation
9.21%
Original Mortgage
$314,204
Outstanding Balance
$236,701
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$630,662

Purchase Details

Listed on
Apr 22, 2014
Closed on
May 30, 2014
Sold by
Bought by
Seller's Agent
Bob Brangan
OfferPad Brokerage, LLC
Buyer's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
List Price
$260,000
Sold Price
$251,000
Premium/Discount to List
-$9,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.67%
Original Mortgage
$188,250
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2014
Closed on
May 27, 2014
Sold by
Bought by
Seller's Agent
Bob Brangan
OfferPad Brokerage, LLC
Buyer's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
List Price
$260,000
Sold Price
$251,000
Premium/Discount to List
-$9,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,250
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2013
Sold by
Bought by

Purchase Details

Closed on
May 30, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$320,000 Driggs Title Agency Inc
-- First Arizona Title Agency
$251,000 First Arizona Title Agency
$234,000 None Available
-- Capital Title Agency Inc
$247,500 Capital Title Agency Inc
-- --
$184,900 United Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $30,000
Open $314,204
Previous Owner $188,250
Previous Owner $188,250
Previous Owner $198,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2015 04/10/15 Sold $318,000 0.0% $99 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
02/18/2015 02/18/15 For Sale $318,000 +26.7% $99 / Sq Ft
05/30/2014 05/30/14 Sold $251,000 -3.5% $79 / Sq Ft View Prior Sale
04/25/2014 04/25/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $260,000 -- $81 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,140 $23,747
2024 $2,916 $22,616
2023 $2,916 $69,550 $13,910 $55,640
2022 $2,820 $54,630 $10,920 $43,710
2021 $2,844 $48,060 $9,610 $38,450
2020 $2,765 $40,370 $8,070 $32,300
2019 $2,704 $34,210 $6,840 $27,370
2018 $2,638 $30,230 $6,040 $24,190
2017 $2,514 $26,930 $5,380 $21,550
2016 $2,427 $23,200 $4,640 $18,560
2015 $2,254 $22,180 $4,430 $17,750
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5251130

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-07-080E

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