NOT LISTED FOR SALE

Estimated Value: $585,899 - $1,038,000

Studio
-- Bath
2,408 Sq Ft
$341/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $250,000 $104 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $4,474/month

4 Days on Market

Highlights

  • Cooling Available
  • Madison Richard Simis School Rated A-
  • Multiple Heating Units

About This Home

As of May 2013

Rare exceptional triplex, in the the ever popular and in-demand North Central Phoenix area, that would suit an investor or be a great combo property: owner occupied in one unit while renting the rest. Each units has a private washer and dryer and a private yard, making them very popular with tenants willing to pay more for these in-demand amenities. The location is something to boast about as well: near the I-51 freeway, near shopping and restaurants, hiking trail in the Phoenix Mountains or a bike ride along the canal and in the Madison schools district. The property is in very good condition, virtually turn-key. Separate meters for gas and electricity. Irrigated lot that's over 13,000 sf. Note: Exterior will be painted in late March.

Last Agent to Sell the Property

Artur Ciesielski

HomeSmart License #SA527273000 Listed on: 03/16/2013

HomeSmart

Co-Listed By

Joanna Zajusz

HomeSmart License #SA536079000

Last Buyer's Agent

Justin Bland

Better Homes & Gardens Real Estate SJ Fowler License #SA529935000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,253

Year Built

  • Built in 1950

Lot Details

  • 0.3

Home Design

  • Composition Roof
  • Block Exterior

Parking

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

Schools

  • Madison Rose Lane Elementary School
  • Madison Meadows Middle School
  • Central High School

Utilities

  • Cooling Available
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 161-01-133-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $6,453
  • Net Operating Income $22,947

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,253

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 16th Street and Glendale Rd.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1950
  • Tax Year: 2012
  • Road Surface Type: Concrete
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: None
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: 2 or More Units, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:_two_ or More Units3: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 2800.0

Schools

  • Elementary School: Madison Rose Lane School
  • High School: Central High School
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 161-01-133-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Insurance Expense: 900.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 22947.0
  • Annual Operating Expense: 6453.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1253.0
  • Tax Book Number: 161.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2026
Sold by
Briley Jamison
Bought by
Jb Briley Trust and Briley
Current Estimated Value
$820,225

Purchase Details

Listed on
Mar 16, 2013
Closed on
Mar 28, 2013
Sold by
Davis Dale Stephen
Bought by
Briley Jamison
Seller's Agent
Artur Ciesielski
HomeSmart
Buyer's Agent
Justin Bland
Better Homes & Gardens Real Estate SJ Fowler
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$236,143
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 25, 2009
Sold by
Sso 15Th Llc
Bought by
Davis Dale Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,942
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2009
Sold by
Bautista Moises
Bought by
Sso 15Th Llc

Purchase Details

Closed on
Jul 14, 2006
Sold by
Mena Asbeyda
Bought by
Bautista Moises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 14, 1999
Sold by
Somers Jeanne
Bought by
Somers Jeanne C and Jeanne C Somers Living Trust

Purchase Details

Closed on
Oct 12, 1998
Sold by
Efraimson Geraldine L
Bought by
Somers Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,100
Interest Rate
6.6%

Purchase Details

Closed on
Mar 31, 1992
Sold by
Efraimson Geraldine L
Bought by
Efraimson Geraldine L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jb Briley Trust -- None Listed On Document
Briley Jamison $240,500 Lawyers Title Of Arizona Inc
Davis Dale Stephen $224,000 Chicago Title
Davis Dale Stephen $224,000 Chicago Title
Sso 15Th Llc $76,600 None Available
Bautista Moises -- Chicago Title Insurance Co
Bautista Moises $355,000 Chicago Title Insurance Co
Somers Jeanne C -- --
Somers Jeanne $153,900 Fidelity Title
Efraimson Geraldine L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Briley Jamison $236,143
Previous Owner Davis Dale Stephen $219,942
Previous Owner Bautista Moises $71,000
Previous Owner Somers Jeanne $123,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2013 05/03/13 Sold $250,000 0.0% $104 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $250,000 -- $104 / 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 $2,577 $19,785 -- --
2024 $2,391 $18,842 -- --
2023 $2,391 $56,920 $11,380 $45,540
2022 $2,218 $45,170 $9,030 $36,140
2021 $2,245 $40,100 $8,020 $32,080
2020 $2,210 $33,250 $6,650 $26,600
2019 $2,161 $27,710 $5,540 $22,170
2018 $2,107 $24,370 $4,870 $19,500
2017 $2,005 $21,720 $4,340 $17,380
2016 $1,934 $18,630 $3,720 $14,910
2015 $1,798 $17,680 $3,530 $14,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4905759

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-01-133A