$506,000
SOLD NOV 12, 2024
-- Bed
-- Bath
2,630 Sq Ft
0.29 Acres

Recently Sold

$192 Per Sq Ft

12% Above List Price

15 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of November 2024

Investor Delight! This property is a 4-plex consisting of three 1 bedroom/1 bath units, and one 2 bedroom/1bath unit. All block construction with great rental potential. Ample parking spaces as well as lots of on-street parking. Great potential. Must see!

Last Agent to Sell the Property

James Diller

Real Broker License #BR681830000 Listed on: 09/03/2024

Real Broker

Last Buyer's Agent

James Diller

Real Broker License #BR681830000 Listed on: 09/03/2024

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 1960

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 17
  • Assessor Parcel Number 300-76-017

Community Details

Overview

  • 4 Units
  • Building Dimensions are 100.98 x 125.89 x 100.99 x 125.89
  • Country Club Villa Subdivision

Building Details

  • Operating Expense $1,455

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,455

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 7th Street & Baseline Road
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2023
  • Directions: South on 7th Street. East on Hazel Dr. North on 7th Place. East on Siesta to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: COUNTRY CLUB VILLA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 100.98 x 125.89 x 100.99 x 125.89
  • Additional Parcels: No
  • Parcel #: 300-76-017

Multi Family

  • Owner Pays: See Remarks
  • Tenant Pays: See Remarks, Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 1455.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1455.0
  • Tax Book Number: 300.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Nov 14, 2024
Sold by
Khasim Richard and Khasim Liliana
Bought by
Rk And Lk Revocable Living Trust and Khasim
Seller's Agent
James Diller
Real Broker
Buyer's Agent
James Diller
Real Broker
List Price
$449,900
Sold Price
$506,000
Premium/Discount to List
$56,100
12.47%
Views
15
Current Estimated Value
$501,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,172
Avg. Annual Appreciation
-1.37%
Original Mortgage
$379,500
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2024
Closed on
Oct 28, 2024
Sold by
Sfr Rs Owner Lp
Bought by
Khasim Richard and Khasim Liliana
Seller's Agent
James Diller
Real Broker
Buyer's Agent
James Diller
Real Broker
List Price
$449,900
Sold Price
$506,000
Premium/Discount to List
$56,100
12.47%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,500
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2024
Closed on
Oct 21, 2024
Sold by
Star 2021-Sfr2 Borrower Lp
Bought by
Sfr Rs Owner Lp
Seller's Agent
James Diller
Real Broker
Buyer's Agent
James Diller
Real Broker
List Price
$449,900
Sold Price
$506,000
Premium/Discount to List
$56,100
12.47%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,500
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2021
Sold by
Rs Phoenix Owner Lp
Bought by
Star 2021 Sfr1 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,524,000
Interest Rate
2.73%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 22, 2019
Closed on
Jul 23, 2019
Sold by
Shfpcc Llc
Bought by
Rs Phoenix Owner Lp
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Scott Graden
GNS Realty- AZ, LLC
List Price
$280,000
Sold Price
$260,000
Premium/Discount to List
-$20,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%

Purchase Details

Closed on
Apr 4, 2013
Sold by
Cianey George Victor and Claney Charles G
Bought by
Shfpcc Llc

Purchase Details

Closed on
Jun 1, 2001
Sold by
Vip Construction Inc
Bought by
Srader Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.14%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $506,000 Stewart Title
Special Warranty Deed $506,000 Stewart Title
Special Warranty Deed $7,272,000 Essex Title Llc
Special Warranty Deed $7,272,000 Essex Title Llc
Quit Claim Deed -- Essex Title Llc
Warranty Deed $260,000 Premier Title Agency
Warranty Deed -- None Available
Corporate Deed $42,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $379,500 New Conventional
Previous Owner $312,524,000 Commercial
Previous Owner $164,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $506,000 +1.2% $192 / Sq Ft
11/01/2024 11/01/24 Price Changed $499,900 0.0% $190 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/17/2024 09/17/24 Pending -- -- --
09/13/2024 09/13/24 Price Changed $499,900 +11.1% $190 / Sq Ft
09/03/2024 09/03/24 For Sale $449,900 +73.0% $171 / Sq Ft
07/30/2019 07/30/19 Sold $260,000 -7.1% $99 / Sq Ft
01/18/2019 01/18/19 For Sale $280,000 -- $106 / 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 $1,498 $10,197 -- --
2024 $1,455 $9,712 -- --
2023 $1,455 $38,030 $7,600 $30,430
2022 $1,426 $24,530 $4,900 $19,630
2021 $1,455 $22,680 $4,530 $18,150
2020 $1,437 $18,170 $3,630 $14,540
2019 $1,391 $16,710 $3,340 $13,370
2018 $1,353 $13,470 $2,690 $10,780
2017 $1,290 $9,910 $1,980 $7,930
2016 $1,227 $10,220 $2,040 $8,180
2015 $1,155 $8,170 $1,630 $6,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6751968

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-76-017