NOT LISTED FOR SALE

Estimated Value: $267,027 - $292,000

4 Beds
1 Bath
825 Sq Ft
$338/Sq Ft Est. Value

Sale Details

Date Sold: October 26, 2022

Last sale price $295,000 $358 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,584 / mo

29 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 5-minute walk to Willow Park
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of October 2022

Rare opportunity to Earn Extra Income with this property!! TWO UNITS in one lot. A FULL MOTHER IN LAW SUITE! Comes fully equipped with a Full Kitchen and Bathroom! Main House is a 3 Bedroom 2 bath. SEPARATE ELECTRICAL METER for each unit. The possibilities are endless! Live in one and rent the other! The property allows 5 parking spaces and has plenty room to have a separate investment property! You won't find another one like this for the price!

Last Agent to Sell the Property

Julieth Ledezma

HomeSmart License #SA685989000 Listed on: 09/07/2022

HomeSmart

Co-Listed By

Francisco L Botello

HomeSmart License #SA526893000

Last Buyer's Agent

Consuelo Ranirez

HomeSmart License #SA685069000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,386

Year Built

  • Built in 1940

Lot Details

  • 8,886

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Common or Shared Parking

Schools

  • J B Sutton Elementary School
  • Isaac Middle School
  • Carl Hayden High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 3 / 1
  • Assessor Parcel Number 109-20-004-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7490
  • North Willow Subdivision

Building Details

  • Operating Expense $1,386
  • Gross Income $15,000
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,386

Year Built

Built in 1940

Lot Details

8,886 Sq Ft Lot

Listing Details

  • Cross Street: 27TH AV AND VAN BUREN Directions: NORTH OF VAN BUR
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2021
  • Road Surface Type: Gravel, Dirt
  • Co List Office Mls Id: cril07
  • Co List Office Phone: 623-986-4200
  • Subdivision Name: NORTH WILLOW
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: W/D Hookup
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • 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

Schools

  • Elementary School: J B Sutton Elementary School
  • High School: Carl Hayden High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Isaac Middle School

Lot Info

  • Lot Size: 7490
  • Additional Parcels: No
  • Parcel #: 109-20-004-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 15000.2
  • Property Net Operating Income: 15000.0
  • Annual Operating Expense: 1386.0

Tax Info

  • Tax Annual Amount: 1386.0
  • Tax Block: 1
  • Tax Book Number: 109.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Oct 26, 2022
Sold by
Mendoza Martha Olivia
Bought by
Lynch Catherine J
Seller's Agent
Julieth Ledezma
HomeSmart
Buyer's Agent
Consuelo Ranirez
HomeSmart
List Price
$315,000
Sold Price
$295,000
Premium/Discount to List
-$20,000
-6.35%
Views
17
Current Estimated Value
$278,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,243
Avg. Annual Appreciation
-1.61%
Original Mortgage
$250,750
Outstanding Balance
$240,368
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$38,389

Purchase Details

Closed on
May 4, 2009
Sold by
Federal National Mortgage Association
Bought by
Mendoza Martha Olivia

Purchase Details

Closed on
Feb 6, 2009
Sold by
Castellanos Marco A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 17, 2007
Sold by
Castellanos Marco A
Bought by
Castellanos Marco A and Castellanos Marco Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2007
Sold by
Castellanos Teresa S
Bought by
Castellanos Marco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2001
Sold by
Barrera Juan
Bought by
Castellanos Marco A and Castellanos Teresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,700
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 1996
Sold by
Wahlquist Leonard A and Wahlquist Susan L
Bought by
Barrera Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,517
Interest Rate
7.04%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Lynch Catherine J $295,000 Driggs Title Agency
Mendoza Martha Olivia $26,500 Lawyers Title Of Arizona Inc
Federal National Mortgage Association $119,603 Great American Title Agency
Castellanos Marco A -- Arizona Title Agency Inc
Castellanos Marco A -- Arizona Title Agency Inc
Castellanos Marco A $86,000 North American Title Agency
Barrera Juan $44,750 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Catherine J $250,750
Previous Owner Castellanos Marco A $115,500
Previous Owner Castellanos Marco A $81,700
Previous Owner Barrera Juan $12,517
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2022 10/26/22 Sold $295,000 -6.3% $358 / Sq Ft
09/07/2022 09/07/22 For Sale $315,000 -- $382 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,277 $9,128 -- --
2024 $1,321 $8,693 -- --
2023 $1,321 $19,650 $3,930 $15,720
2022 $1,391 $15,560 $3,110 $12,450
2021 $1,386 $12,780 $2,550 $10,230
2020 $1,361 $11,860 $2,370 $9,490
2019 $1,337 $9,460 $1,890 $7,570
2018 $565 $8,970 $1,790 $7,180
2017 $561 $7,100 $1,420 $5,680
2016 $544 $5,700 $1,140 $4,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6460893

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-20-004A

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