NOT LISTED FOR SALE

6707 N 27th Ave Unit 2 Phoenix, AZ 85017

Grandview Neighborhood

Estimated Value: $294,000 - $449,000

1 Bed
2 Baths
1,400 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 24, 2013

Last sale price $112,000 $80 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $1,966/month

108 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Washington High School Rated A-

About This Home

As of December 2013

THIS IS A MONEY MAKER, TWO UNITS RENTED FOR A MONTHLY INCOME OF $1,225.00..BOTH UNITS HAVE BEEN REMODELED...NEW TILE FLOORING, NEW ROOF, NEW AIR CONDITIONERS FOR EACH UNIT, REMODELED BATHROOMS LIGHT FIXTURES AND VANITIES. ALSO NEW CEILING FANS AND DUAL PANE WINDOWS FOR ENERGY EFFICIENCY.

Last Agent to Sell the Property

Mark Mckinney

Value Rite Homes License #SA035944000 Listed on: 08/17/2013

Last Buyer's Agent

Noe Jimenez

West USA Realty License #SA104421000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $582

Year Built

  • Built in 1961

Lot Details

  • 8,364

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Parking Spaces
  • 1 Covered Space

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 63
  • Assessor Parcel Number 156-01-073

Community Details

Overview

  • 2 Units
  • Building Dimensions are .19 ACRE
  • Wilshire Manor Subdivision

Building Details

  • Operating Expense $2,182
  • Gross Income $14,700
  • Net Operating Income $13,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$582

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 27TH AVENUE AND GLENDALE AVE
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2012
  • Directions: SOUTH ON 27TH AVE, ON EAST SIDE ON THE FRONTAGE ROAD (NOT RIGHT ON 27TH AVE.
  • Road Surface Type: Dedicated Street
  • Subdivision Name: WILSHIRE MANOR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 300.0
  • Annual Water Sewer Expense: 900.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: .19 ACRE
  • Additional Parcels: No
  • Parcel #: 156-01-073

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 14700.0
  • Insurance Expense: 400.0
  • Property Net Operating Income: 13300.0
  • Annual Operating Expense: 2182.46

Tax Info

  • Tax Annual Amount: 582.46
  • Tax Book Number: 156.00
  • Tax Lot: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2013
Closed on
Dec 16, 2013
Sold by
Four Peaks Financial Corp
Bought by
Castillo Garcia Pedro
Seller's Agent
Mark Mckinney
Value Rite Homes
Buyer's Agent
Noe Jimenez
West USA Realty
List Price
$129,000
Sold Price
$112,000
Premium/Discount to List
-$17,000
-13.18%
Current Estimated Value
$357,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,078
Avg. Annual Appreciation
10.36%
Original Mortgage
$84,000
Outstanding Balance
$62,685
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$294,393

Purchase Details

Closed on
Feb 19, 2010
Sold by
Four Peaks Financial Corp
Bought by
Lincoln Trust Co

Purchase Details

Closed on
Jan 29, 2010
Sold by
Paying Cash For Houses Com Llc
Bought by
Four Peaks Financial Corp

Purchase Details

Closed on
Dec 10, 2009
Sold by
Paying Cash For Houses Com Llc
Bought by
Lrg & Ecg Ventures Llc

Purchase Details

Closed on
Nov 19, 2009
Sold by
Nationstar Mortgage Llc
Bought by
Paying Cash For Houses Com Llc

Purchase Details

Closed on
Apr 27, 2009
Sold by
Arellanes Guadalupe and Arellanes Antelmo
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jun 21, 2006
Sold by
Moreno Geraldo
Bought by
Arellanes Antelmo and Arellanes Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
7.51%
Mortgage Type
Balloon

Purchase Details

Closed on
May 31, 2000
Sold by
Moreno Dalinda
Bought by
Moreno Gerardo

Purchase Details

Closed on
Apr 26, 2000
Sold by
Leslie Norma Jean
Bought by
Arellanes Antelmo and Verdugo Guadalupe Moreno
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 Buyer Sale Price Title Company
Castillo Garcia Pedro $56,000 American Title Service Agenc
Castillo Garcia Pedro $56,000 American Title Service Agenc
Lincoln Trust Co $35,000 Magnus Title Agency
Four Peaks Financial Corp -- Magnus Title Agency
Four Peaks Financial Corp $36,000 Magnus Title Agency
Lrg & Ecg Ventures Llc -- None Available
Paying Cash For Houses Com Llc $30,000 None Available
Nationstar Mortgage Llc $95,081 Accommodation
Arellanes Antelmo -- Guaranty Title Agency
Moreno Gerardo -- First American Title
Arellanes Antelmo $79,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Garcia Pedro $84,000
Closed Castillo Garcia Pedro $84,000
Previous Owner Arellanes Antelmo $110,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2013 12/24/13 Sold $112,000 -13.2% $80 / Sq Ft
12/03/2013 12/03/13 Pending -- -- --
08/17/2013 08/17/13 For Sale $129,000 -- $92 / 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 $779 $6,371 -- --
2024 $765 $6,068 -- --
2023 $765 $21,970 $4,390 $17,580
2022 $740 $16,730 $3,340 $13,390
2021 $750 $15,570 $3,110 $12,460
2020 $731 $13,370 $2,670 $10,700
2019 $718 $10,760 $2,150 $8,610
2018 $699 $9,650 $1,930 $7,720
2017 $695 $8,300 $1,660 $6,640
2016 $683 $6,750 $1,350 $5,400
2015 $632 $5,810 $1,160 $4,650
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mark Mckinney

    Value Rite Homes

  • N

    Buyer's Agent in 2013

    Noe Jimenez

    West USA Realty

    (602) 942-1410

    1 in this area

    32 Total Sales

    Noe Jimenez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4984946

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-01-073

Arizona Maricopa County Phoenix 85017 Grandview

6707 N 27th Ave Unit 2, Phoenix, AZ

This home is located at 6707 N 27th Ave Unit 2, Phoenix, AZ 85017 since 17 August 2013 and is currently estimated at $357,078, approximately $255 per square foot. This property was built in 1961. 6707 N 27th Ave Unit 2 is a home located in Maricopa County with nearby schools including Washington Elementary School, Palo Verde Middle School, and Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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