NOT LISTED FOR SALE

701 W 12th St Unit B Casa Grande, AZ 85122

Estimated Value: $227,000 - $367,761

-- Bed
3 Baths
745 Sq Ft
$435/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $383,500 $515 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,988/month

1 Day on Market

Highlights

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • 3-minute walk to West Park
  • Ceramic Tile Flooring

About This Home

As of February 2022

Great rental units in the heart of Casa Grande. Money making tri-plex can be combined with the purchase of the units next door for a total of six units or can be
purchased alone. Currently rented far below market rents, tenants are month to month in all units. Inexpensive to maintain and a huge upside in increased rents,
these units will sell fast.

Last Agent to Sell the Property

David Schlagel

Keller Williams Legacy One License #SA637465000 Listed on: 01/14/2022

Co-Listed By

Jenny Turner

ROX Real Estate License #SA674368000

Last Buyer's Agent

AYANNA HAWKINS

At Home License #SA689830000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $798

Year Built

  • Built in 1977

Lot Details

  • 7,100

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, water, cable TV, landscaping
  • The owner pays for trash collection, sewer
  • Legal Lot and Block 1 / 6
  • Assessor Parcel Number 504-21-085-B

Community Details

Overview

  • 3 Units
  • Building Dimensions are 50 x 142
  • Addition To Bennetts Acre City Subdivision

Building Details

  • Operating Expense $798

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$798

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Cross Street: Pinal and 12th ST
  • Legal Info Range: 06E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Year Built: 1977
  • Tax Year: 2021
  • Directions: From Pinal west on 12th to property
  • Road Surface Type: Asphalt, Alley
  • Co List Office Mls Id: kwlo04
  • Co List Office Phone: 520-836-9301
  • Subdivision Name: ADDITION TO BENNETTS ACRE CITY
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Other
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise, Individual Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Casa Grande Union High School District

Lot Info

  • Lot Size: 50 x 142
  • Additional Parcels: No
  • Parcel #: 504-21-085-B

Multi Family

  • Owner Pays: Trash Collection, Sewer
  • Tenant Pays: Gas, Electricity, Water, Cable TV, Landscaping
  • Number Of Units Total: 3
  • Annual Operating Expense: 798.0

Tax Info

  • Tax Annual Amount: 798.0
  • Tax Block: 6
  • Tax Book Number: 504.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Feb 14, 2022
Sold by
Scott John D
Bought by
Young Shernetra and Young Wesley
Seller's Agent
David Schlagel
Keller Williams Legacy One
Buyer's Agent
AYANNA HAWKINS
At Home
List Price
$425,000
Sold Price
$383,500
Premium/Discount to List
-$41,500
-9.76%
Current Estimated Value
$351,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,841
Avg. Annual Appreciation
-2.83%
Original Mortgage
$287,625
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2016
Sold by
Mcneil Kelley and Mcneil Jason
Bought by
Mcneil Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2016
Sold by
Scott Talitha N and Scott John D
Bought by
Scott John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2015
Closed on
Jul 29, 2015
Sold by
Diersbock Gunther
Bought by
Jnp Group Llc
Seller's Agent
Colleen Bechtel
Keller Williams Legacy One
Buyer's Agent
Laura Good
Better Homes & Gardens Real Estate SJ Fowler
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.17%
Original Mortgage
$67,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2015
Closed on
Jul 28, 2015
Sold by
Diersbock Thomas Johannes and Diersbock Linda Marie
Bought by
Diersbock Gunther
Seller's Agent
Colleen Bechtel
Keller Williams Legacy One
Buyer's Agent
Laura Good
Better Homes & Gardens Real Estate SJ Fowler
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2010
Sold by
The Bank Of New York Mellon
Bought by
Diersbock Gunther

Purchase Details

Closed on
Jun 23, 2010
Sold by
Hernandez Patricia N
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Feb 3, 2005
Sold by
Robinette Donald Ray and Robinette Nancy Louise
Bought by
Hernandez Patricia N
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
Young Shernetra $383,500 Clear Title
Mcneil Jason -- Title Security Agency Llc
Scott John D -- Title Security Agency Llc
Scott John D $140,000 Title Security Agcny Llc
Jnp Group Llc $87,500 Security Title Agency Inc
Diersbock Gunther -- Security Title Agency Inc
Diersbock Gunther $34,000 Great American Title Agency
The Bank Of New York Mellon $104,393 Great American Title Agency
Hernandez Patricia N $119,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Shernetra $318,750
Closed Young Wesley $287,625
Closed Young Shernetra $287,625
Previous Owner Scott John D $105,000
Previous Owner Jnp Group Llc $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $383,500 -9.8% $515 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $425,000 +400.0% $570 / Sq Ft
08/26/2015 08/26/15 Sold $85,000 -10.5% $114 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $95,000 -- $128 / 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 $759 $9,649 -- --
2024 $762 $9,733 -- --
2023 $774 $7,284 $1,566 $5,718
2022 $762 $5,888 $1,420 $4,468
2021 $798 $5,878 $0 $0
2020 $757 $5,148 $0 $0
2019 $721 $4,975 $0 $0
2018 $715 $4,851 $0 $0
2017 $697 $4,434 $0 $0
2016 $729 $4,588 $696 $3,892
2014 $1,135 $8,096 $697 $7,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6342519

Arizona Regional Multiple Listing Service (ARMLS)

APN: 504-21-085B