$174,000
SOLD OCT 13, 2014
-- Bed
-- Bath
920 Sq Ft
8,756 Sq Ft Lot

Recently Sold

$189 Per Sq Ft

1% Below List Price

15 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Franklin at Brimhall Elementary School Rated A
  • Heating System Uses Natural Gas

About This Home

As of February 2019

Amazing deal!!! Over 10% cap!!! Bring your offer's now the seller is motivated and would like to stay as tenant!!! New a/c units on cottages. Has had a complete remodel on 2 units and one rehabbed unit. This parcel has one detached 2 bedroom 1 bath house with 2 detached cottages 1 bedroom 1 bath units. All fully rented at 2300.00 minus utlitles. There is only one electrical meter. Buyer verify for MLS info.

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000 Listed on: 09/17/2014

Co-Listed By

Paul Baron

West USA Realty License #SA652247000

Last Buyer's Agent

Max Dewitt

Realty ONE Group License #SA652423000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $414

Year Built

  • Built in 1948

Home Design

  • Composition Roof
  • Block Exterior

Schools

  • Emerson Elementary School
  • Westwood High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water, sewer
  • Tax Lot 10
  • Assessor Parcel Number 135-58-048

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 8760 sq ft
  • Hosick Place Subdivision

Building Details

  • Operating Expense $9,528
  • Net Operating Income $18,072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$414

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: University and Exstention
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RS-6
  • Number Of Buildings: 3
  • Year Built: 1948
  • Tax Year: 2013
  • Directions: South on University, West on 2nd Pl, South on Cherry, East on W 2nd St
  • Road Surface Type: Gravel, Dirt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: Hosick Place
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Electric, Wall/Window Unit(s)
  • 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

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Emerson Elementary School
  • High School: Westwood High School

Lot Info

  • Lot Size: 8760 sq ft
  • Additional Parcels: No
  • Parcel #: 135-58-048

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: None, Cable TV
  • Number Of Units Total: 3
  • Electric Expense: 4200.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 18072.0
  • Annual Operating Expense: 9528.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 414.0
  • Tax Book Number: 135.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Leavitt Family Trust
Bought by
Brown Bennett and Brown Heidi
Current Estimated Value
$382,996

Purchase Details

Listed on
Aug 20, 2018
Closed on
Feb 4, 2019
Sold by
Bates John
Bought by
Leavitt Wayne D and The Leavitt Family Trust
Seller's Agent
Danny Perkinson
Perk Prop Real Estate
Buyer's Agent
Jared Hernandez
Real Broker
List Price
$275,000
Sold Price
$240,000
Premium/Discount to List
-$35,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%

Purchase Details

Closed on
Jan 5, 2017
Sold by
Bates Allison R and Bates John
Bought by
Bates John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 8, 2016
Sold by
Par 5 Llc
Bought by
Colonial Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 17, 2014
Closed on
Oct 9, 2014
Sold by
Shihady James and Shihady Gabriela V
Bought by
Par 5 Llc
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Max Dewitt
Realty ONE Group
List Price
$174,900
Sold Price
$174,000
Premium/Discount to List
-$900
-0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%

Purchase Details

Listed on
Jun 19, 2013
Closed on
Jul 29, 2013
Sold by
Federal Home Loan Mortgage Corpoation
Bought by
Shihady James and Shihady Gabriela
Seller's Agent
Kala Laos
JK Realty
Buyer's Agent
Carlos Hidalgo
Aurora Properties
List Price
$119,500
Sold Price
$117,500
Premium/Discount to List
-$2,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.71%

Purchase Details

Closed on
May 3, 2013
Sold by
Wozniak Paul J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 3, 2008
Sold by
Wozniak Paul J
Bought by
Kainzow Assets Corp

Purchase Details

Closed on
May 9, 2003
Sold by
Naugle Lance A
Bought by
Wozniak Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,230
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 1996
Sold by
Guardianship Services Inc and Robertson Ray C
Bought by
Naugle Lance A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,476
Interest Rate
8.07%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $448,000 Pioneer Title
Warranty Deed $240,000 First Arizona Title Agency
Interfamily Deed Transfer -- Security Title Agency Inc
Warranty Deed -- Security Title Agency Inc
Warranty Deed -- Security Title Agency Inc
Warranty Deed -- None Available
Cash Sale Deed $174,000 Fidelity Natl Title Agency
Cash Sale Deed $117,500 Great American Title Agency
Trustee Deed $120,964 Great American Title Agency
Warranty Deed -- None Available
Warranty Deed $123,400 Fidelity National Title
Warranty Deed $78,900 United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $101,500 Adjustable Rate Mortgage/ARM
Previous Owner $35,000 Unknown
Previous Owner $10,000 Credit Line Revolving
Previous Owner $135,500 Unknown
Previous Owner $117,230 New Conventional
Previous Owner $78,476 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2019 02/07/19 Sold $240,000 -9.1% $261 / Sq Ft
01/26/2019 01/26/19 Pending -- -- --
12/03/2018 12/03/18 Price Changed $264,000 -1.9% $287 / Sq Ft
11/19/2018 11/19/18 Price Changed $269,000 -2.2% $292 / Sq Ft
10/17/2018 10/17/18 For Sale $275,000 0.0% $299 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/21/2018 09/21/18 Price Changed $275,000 -1.8% $299 / Sq Ft
08/20/2018 08/20/18 For Sale $280,000 +60.9% $304 / Sq Ft
10/13/2014 10/13/14 Sold $174,000 -0.5% $189 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $174,900 +48.9% $190 / Sq Ft
07/31/2013 07/31/13 Sold $117,500 -1.7% $128 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $119,500 -- $130 / 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 $617 $7,432 -- --
2024 $624 $7,078 -- --
2023 $624 $25,030 $5,000 $20,030
2022 $610 $19,570 $3,910 $15,660
2021 $729 $17,380 $3,470 $13,910
2020 $720 $16,080 $3,210 $12,870
2019 $672 $14,360 $2,870 $11,490
2018 $645 $12,170 $2,430 $9,740
2017 $626 $11,130 $2,220 $8,910
2016 $614 $9,900 $1,980 $7,920
2015 $577 $8,570 $1,710 $6,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5172314

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-58-048