NOT LISTED FOR SALE

Estimated Value: $340,000 - $710,000

Studio
3 Baths
2,100 Sq Ft
$258/Sq Ft Est. Value

Last Sold March 05, 2013

Last sale price $157,000 $75 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $3,150/month

14 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of March 2013

Great income property. Fantastic location. Close to light rail, schools, hospitals, and SR 51. Solid brick duplex with cottage in the back.
Unit 1 and 2 in the duplex each have dual pane windows, A/C unit installed 2012, newer evaporative coolers, beautiful tile roof in 2012 and the electric was re-done in 2004. Cottage has fresh interior paint, new tile in living room and is cooled by energy saving evaporative cooling.

Last Agent to Sell the Property

Zelma LaFebre

HomeSmart License #SA569890000 Listed on: 12/17/2012

HomeSmart

Co-Listed By

Daniel LaFebre

HomeSmart License #SA548891000

Last Buyer's Agent

Marla Wicks

DeLex Realty License #SA537509000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $738

Year Built

  • Built in 1963

Lot Details

  • 9,627

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Composition Roof

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Longview Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water, landscaping
  • Tax Lot 34
  • Assessor Parcel Number 155-19-026

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 9605
  • Carolyn Place Subdivision

Building Details

  • Operating Expense $738

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$738

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 7th Street / Indian School Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Year Built: 1963
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: Carolyn Place
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Brick
  • Roof: Composition, Tile

Garage/Parking

  • 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:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Heat Pump, Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Shutters2: Yes

Schools

  • Elementary School: Longview Elementary School
  • High School: Central High School
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 9605
  • Additional Parcels: No
  • Parcel #: 155-19-026

Multi Family

  • Owner Pays: Water, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Operating Expense: 738.0

Tax Info

  • Tax Annual Amount: 738.0
  • Tax Book Number: 155.00
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2012
Closed on
Feb 28, 2013
Sold by
Dunlap Gail Marlene and Cecelia S Duprest Revocable Li
Bought by
Zhao Jianwu
Seller's Agent
Zelma LaFebre
HomeSmart
Buyer's Agent
Marla Wicks
DeLex Realty
List Price
$159,900
Sold Price
$157,000
Premium/Discount to List
-$2,900
-1.81%
Current Estimated Value
$583,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,971
Avg. Annual Appreciation
10.10%
Original Mortgage
$109,900
Outstanding Balance
$77,518
Interest Rate
3.53%
Mortgage Type
Commercial
Estimated Equity
$464,263

Purchase Details

Closed on
Aug 26, 2009
Sold by
Hickmon Monte and Ken Trust
Bought by
Dunlap Gail Marlene and The Cecelia S Duprest Revocabl

Purchase Details

Closed on
Sep 9, 2005
Sold by
Duprest Cecelia S and Cecelia S Duprest Revocable Li
Bought by
Hickmon Monte and The Ken Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.74%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhao Jianwu $157,000 Chicago Title Agency Inc
Dunlap Gail Marlene $135,000 Grand Canyon Title Agency In
Hickmon Monte $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Jianwu $109,900
Previous Owner Hickmon Monte $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2013 03/05/13 Sold $157,000 -1.8% $75 / Sq Ft
12/30/2012 12/30/12 Pending -- -- --
12/16/2012 12/16/12 For Sale $159,900 -- $76 / 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 $1,168 $8,997 -- --
2024 $996 $8,568 -- --
2023 $996 $36,730 $7,340 $29,390
2022 $991 $25,410 $5,080 $20,330
2021 $1,017 $22,110 $4,420 $17,690
2020 $990 $19,160 $3,830 $15,330
2019 $944 $18,020 $3,600 $14,420
2018 $911 $14,130 $2,820 $11,310
2017 $831 $14,420 $2,880 $11,540
2016 $801 $11,050 $2,210 $8,840
2015 $746 $8,600 $1,720 $6,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4863675

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-19-026