NOT LISTED FOR SALE

Estimated Value: $470,000 - $812,000

3 Beds
4 Baths
1,768 Sq Ft
$387/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $1,100,000 $622 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $3,873/month

24 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available
  • Washington High School Rated A-
  • Concrete Flooring

About This Home

As of November 2019

Rare opportunity to own this Investment property with 8- 1 bedroom 1 bath units and 2- 2 bedroom 2 bath units. Excellent history of occupancy stability and tenant base. All units are separately metered for utilities. Lush landscape covered individual carports and great curb appeal.

Last Agent to Sell the Property

Miriam Hayenga

HomeSmart License #SA538809000 Listed on: 09/22/2019

HomeSmart

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,709

Year Built

  • Built in 1959

Lot Details

  • 0.95

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Concrete Flooring

Parking

  • 10 Parking Spaces
  • 10 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, landscaping
  • Tax Lot 135
  • Assessor Parcel Number 151-16-054-B

Community Details

Overview

  • 10 Buildings
  • 10 Units
  • Building Dimensions are 38542
  • Northview Acres 2 31 50, 71 90, 122 156 Subdivision

Building Details

  • Operating Expense $19,469
  • Net Operating Income $78,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,709

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 35th Avenue and Orangewood
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: [R1-6]
  • Number Of Buildings: 10
  • Year Built: 1959
  • Tax Year: 2019
  • Directions: East on Orangewood south on 34th Avenue to property
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2000.0
  • Subdivision Name: NORTHVIEW ACRES 2 31-50, 71-90, 122-156
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Carport: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Irrigation, Submetered System
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 5400.0

Lot Info

  • Lot Size: 38542
  • Additional Parcels: No
  • Parcel #: 151-16-054-B

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 10
  • Electric Expense: 360.0
  • Insurance Expense: 2500.0
  • Maintenance Expense: 4000.0
  • Property Net Operating Income: 78000.0
  • Annual Operating Expense: 19469.0

Tax Info

  • Tax Annual Amount: 2709.0
  • Tax Book Number: 151.00
  • Tax Lot: 135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2025
Sold by
Mcdonald Leonard J
Bought by
Burdick Mary Katherine
Current Estimated Value
$684,714

Purchase Details

Listed on
Sep 22, 2019
Closed on
Nov 13, 2019
Sold by
Gokie Apartments Llc
Bought by
Geiger Properties Ii Llc
Seller's Agent
Miriam Hayenga
HomeSmart
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,400,000
Sold Price
$1,100,000
Premium/Discount to List
-$300,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.76%

Purchase Details

Closed on
Nov 27, 2007
Sold by
Higgins Virginia P
Bought by
Higgins Virginia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 6, 2003
Sold by
Dennis Virginia Paul
Bought by
Dennis Robert Dean
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 Buyer Sale Price Title Company
Burdick Mary Katherine $756,000 Accommodation/Courtesy Recordi
Geiger Properties Ii Llc $1,100,000 Grand Canyon Title Agency
Higgins Virginia P -- Chicago Title Insurance Comp
Dennis Robert Dean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Higgins Virginia P $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $1,100,000 -21.4% $622 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
09/22/2019 09/22/19 For Sale $1,400,000 -- $792 / 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 $2,902 $25,800 -- --
2024 $2,989 $25,800 -- --
2023 $2,989 $37,930 $7,580 $30,350
2022 $3,028 $37,930 $7,580 $30,350
2021 $3,104 $37,710 $7,540 $30,170
2020 $3,021 $36,850 $7,370 $29,480
2019 $2,965 $32,810 $6,560 $26,250
2018 $2,882 $31,970 $6,390 $25,580
2017 $2,873 $24,080 $4,810 $19,270
2016 $2,822 $25,670 $5,130 $20,540
2015 $1,448 $16,550 $3,310 $13,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5981931

Arizona Regional Multiple Listing Service (ARMLS)

APN: 151-16-052B