NOT LISTED FOR SALE

7359 N Black Canyon Hwy Phoenix, AZ 85021

Alhambra Neighborhood

Estimated Value: $585,488 - $1,258,000

-- Bed
-- Bath
3,646 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 05, 2013

Last sale price $249,000 $68 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $4,648/month

20 Days on Market

Highlights

  • Cooling Available
  • Washington High School Rated A-
  • Heating Available

About This Home

As of September 2013

CAP RATE! Clean- new Built in 2005, this great 4 plex has two units which are 4 bedroom, 2 bath. Two, 2 car garages are shared between tenants, and above the garages are 2 more studio units. Great cap rate and high rental income, plus the newness of the building all add up to a great investment. Also, a good property for living in one and renting the others. New AC units on 2 units. New tile, carpet on 1. All rented, do not disturb.

Last Agent to Sell the Property

Kirsten Snyder

Realty ONE Group License #SA539260000 Listed on: 07/17/2013

Last Buyer's Agent

Amy Paul

RETSY License #SA553658000

RETSY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 2005

Lot Details

  • 9,278

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 157-26-071-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9292
  • Legal To Follow In Escrow Subdivision

Building Details

  • Operating Expense $12,502
  • Gross Income $35,760
  • Net Operating Income $23,258

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,392

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: GLENDALE & 19th Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 2005
  • Tax Year: 2012
  • Directions: North on 19th Ave to Orangewood, West to Property before frontage road- on left.
  • Road Surface Type: Asphalt
  • Subdivision Name: LEGAL TO FOLLOW IN ESCROW
  • Garage Yn: Yes
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Garage Details: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: 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
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1740.0

Lot Info

  • Lot Size: 9292
  • Additional Parcels: No
  • Parcel #: 157-26-071-A

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: None
  • Number Of Units Total: 4
  • Electric Expense: 7200.0
  • Annual Gross Income: 35760.0
  • Insurance Expense: 970.0
  • Property Net Operating Income: 23258.0
  • Annual Operating Expense: 12502.0

Tax Info

  • Tax Annual Amount: 1392.0
  • Tax Book Number: 157.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2013
Closed on
Aug 21, 2013
Sold by
Snyder Stephen and Snyder Kirsten
Bought by
Kiely Stephen C and Kiely Martha A
Seller's Agent
Kirsten Snyder
Realty ONE Group
Buyer's Agent
Amy Paul
RETSY
List Price
$275,000
Sold Price
$249,000
Premium/Discount to List
-$26,000
-9.45%
Current Estimated Value
$814,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,558
Avg. Annual Appreciation
10.41%
Original Mortgage
$174,000
Outstanding Balance
$131,434
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$680,188

Purchase Details

Listed on
Dec 20, 2012
Closed on
Feb 1, 2013
Sold by
Wells Fargo Bank Na
Bought by
Snyder Stephen and Snyder Kirsten
Seller's Agent
Jeffrey Miller
Fathom Realty Elite
Buyer's Agent
Kirsten Snyder
Realty ONE Group
List Price
$178,155
Sold Price
$160,000
Premium/Discount to List
-$18,155
-10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
126.83%
Original Mortgage
$112,000
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2012
Sold by
Davadilla Ricardo A and Davadilla Cresenciana
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 16, 2005
Sold by
I-17 & Orangewood Llc
Bought by
Davadilla Ricardo A and Davadilla Cresenciana B
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Kiely Stephen C $249,000 Equity Title Agency Inc
Snyder Stephen $160,000 Lawyers Title Of Arizona Inc
Wells Fargo Bank Na -- Security Title Agency
Davadilla Ricardo A $379,900 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiely Stephen C $174,000
Previous Owner Snyder Stephen $112,000
Previous Owner I-17 & Orangewood Llc $950,000
Closed Davadilla Ricardo A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2013 09/05/13 Sold $249,000 -9.5% $68 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $275,000 +71.9% $75 / Sq Ft
02/21/2013 02/21/13 Sold $160,000 -10.2% $44 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
12/20/2012 12/20/12 For Sale $178,155 -- $49 / 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 $2,256 $18,446 -- --
2024 $2,215 $17,568 -- --
2023 $2,215 $43,260 $8,650 $34,610
2022 $2,143 $40,120 $8,020 $32,100
2021 $2,170 $38,130 $7,620 $30,510
2020 $2,116 $38,080 $7,610 $30,470
2019 $2,078 $29,920 $5,980 $23,940
2018 $2,023 $25,630 $5,120 $20,510
2017 $2,013 $25,370 $5,070 $20,300
2016 $1,976 $24,850 $4,970 $19,880
2015 $1,830 $20,280 $4,050 $16,230
Source: Public Records

Agents Affiliated with this Home

  • Kirsten Snyder

    Seller's Agent in 2013

    Kirsten Snyder

    Realty One Group

    (602) 505-0860

    3 in this area

    44 Total Sales

    Section Image
  • Jeffrey Miller

    Seller's Agent in 2013

    Jeffrey Miller

    Fathom Realty Elite

    (480) 250-0131

    2 in this area

    75 Total Sales

    Section Image
  • Ruth Miller

    Seller Co-Listing Agent in 2013

    Ruth Miller

    Fathom Realty Elite

    (480) 250-0131

    2 in this area

    77 Total Sales

    Section Image
  • Amy Paul

    Buyer's Agent in 2013

    Amy Paul

    RETSY

    (480) 776-1555

    19 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4968825

Arizona Regional Multiple Listing Service (ARMLS)

APN: 157-26-071A

Arizona Maricopa County Phoenix 85021 Alhambra

7359 N Black Canyon Hwy, Phoenix, AZ

This home is located at 7359 N Black Canyon Hwy, Phoenix, AZ 85021 since 17 July 2013 and is currently estimated at $811,622, approximately $222 per square foot. This property was built in 2005. 7359 N Black Canyon Hwy is a home located in Maricopa County with nearby schools including Orangewood School, Washington High School, and Pensar Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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