NOT LISTED FOR SALE

Estimated Value: $481,000 - $715,000

Studio
1 Bath
2,320 Sq Ft
$243/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2019

Last sale price $235,000 $101 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $3,146 / mo

3 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Desert Landscape

About This Home

As of October 2019

Amazing opportunity to own newer construction large duplex town house style units. Both 3 bedroom 2.25 bath units. Also the lot allows another duplex to be built. Great owner occupant unit or great value add investment. One unit vacant other side rented below market 850. Proforma rents 1000. Both have private yards and washer and dryer hookups. All facts and figures are approximate buyer verify MLS information

Last Agent to Sell the Property

Sophia Willets

Grace CRE License #BR648866000 Listed on: 08/21/2019

Co-Listed By

Joshua Willets

Get Multifamily License #BR675965000

Last Buyer's Agent

Sophia Baron

Real Broker License #BR648866000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,281

Year Built

  • Built in 2007

Lot Details

  • Dirt Road
  • Desert Landscape
  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • Free Parking
  • Open Parking

Schools

  • Roosevelt Elementary School

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Not Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, trash collection
  • Tax Lot 9
  • Assessor Parcel Number 114-25-024-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 100x135
  • Estrella Rancho Subdivision

Building Details

  • Operating Expense $7,499
  • Gross Income $22,800
  • Net Operating Income $15,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,281

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 7th Street & Southern
  • Property Type: Multiple Dwellings
  • Zoning: MM
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2007
  • Tax Year: 2018
  • Road Surface Type: Dirt, Gravel
  • Professional Management Expense: 1200.0
  • Co List Office Mls Id: grcr001
  • Co List Office Phone: 602-975-5516
  • Subdivision Name: ESTRELLA RANCHO
  • Tax Parcel Letter: A
  • Const - Finish:Const - Finish: Stucco
  • Cooling:Cooling: Central Air
  • Road Surface Type:Road Surface Type: Dirt, Gravel
  • Electric:Electric: City Electric
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Disposal, W/D Hookup
  • Interior Features:Interior Features: Unfurnished

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition
  • Exterior Amenities: Desert Landscaping

Garage/Parking

  • Parking Features: Open, >1 Space Per Unit
  • Attached Garage: No
  • Parking Features:Parking Features: Free, >1 Space Per Unit

Utilities

  • Electric: City Electric
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Trash Expense: 500.0
  • Annual Water Sewer Expense: 1000.0

Schools

  • Elementary School: Roosevelt Elementary School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Lot Size: 100x135
  • Additional Parcels: Yes
  • Parcel #: 114-25-024-A

Multi Family

  • Owner Pays: Water, Trash Collection
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 22800.0
  • Insurance Expense: 700.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 15300.0
  • Annual Operating Expense: 7499.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1281.0
  • Tax Book Number: 114.0
  • Tax Lot: 9
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $235,000 +4.4% $101 / Sq Ft
10/11/2019 10/11/19 For Sale $225,000 0.0% $97 / Sq Ft
10/11/2019 10/11/19 Price Changed $225,000 0.0% $97 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $225,000 -- $97 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,456 $9,655 -- --
2024 $1,378 $9,195 -- --
2023 $1,378 $33,160 $6,630 $26,530
2022 $1,350 $22,400 $4,480 $17,920
2021 $1,378 $20,730 $4,140 $16,590
2020 $1,361 $18,710 $3,740 $14,970
2019 $1,317 $16,720 $3,340 $13,380
2018 $1,281 $13,770 $2,750 $11,020
2017 $1,221 $11,270 $2,250 $9,020
2016 $1,162 $10,160 $2,030 $8,130
2015 $1,093 $7,830 $1,560 $6,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5968113

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-25-024A

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