NOT LISTED FOR SALE

7419 W Becker Ln Unit 1&2 Peoria, AZ 85345

Estimated Value: $337,842 - $1,181,000

-- Bed
8 Baths
731 Sq Ft
$1,190/Sq Ft Est. Value

Last Sold July 15, 2013

Last sale price $400,000 $547 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,658/month

2 Days on Market

Highlights

  • Cooling Available
  • Centennial High School Rated A
  • Heat Pump System

About This Home

As of July 2013

Great find in Peoria. Fantastic for first time investor because it is in a residential area and needs no work done. 4 seperate buildings. 8 units. Low maintaince. Addresses are 7419,7425,7431,7437 W. Becker Lane. All units must be sold together. Packaged offering. Do not walk property. DRIVE BY ONLY. This is 4 seperate duplex properties on seperate lots. Each property has its own title. The selling price is for all 4 properties (8 units) total. Lots 28,29,30 & 31. CASH SALE ONLY.
NO SIGN ON PROPERTY

Last Agent to Sell the Property

Catherine Ostermeier

Palmer Realty License #BR010593000 Listed on: 05/30/2013

Last Buyer's Agent

Bryan Holland Duell

Way Out West Realty License #SA555051000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 1963

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Parking

  • 16 Parking Spaces
  • 8 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Sundance Elementary School - Peoria
  • Centennial High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 28
  • Assessor Parcel Number 143-45-028

Community Details

Overview

  • 4 Buildings
  • 8 Units
  • Building Dimensions are 94x74 each
  • Peoria Homes Subdivision

Building Details

  • Operating Expense $9,380
  • Gross Income $52,440
  • Net Operating Income $46,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,780

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 75th Ave & Peoria Ave
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: Res
  • Number Of Buildings: 4
  • Year Built: 1963
  • Tax Year: 2012
  • Directions: North from Peoria Ave to Becker Lane. East to Property
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Subdivision Name: Peoria Homes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 2400.0
  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Sundance Elementary School - Peoria
  • High School: Centennial High School
  • Middle Or Junior School: Sundance Elementary School - Peoria

Lot Info

  • Lot Size: 94x74 each
  • Additional Parcels: Yes
  • Parcel #: 143-45-028

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 8
  • Annual Gross Income: 52440.0
  • Insurance Expense: 2000.0
  • Maintenance Expense: 800.0
  • Property Net Operating Income: 46840.0
  • Annual Operating Expense: 9380.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1780.0
  • Tax Book Number: 143.00
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2013
Closed on
Jul 10, 2013
Sold by
Gray Clyde Leroy and Gray Colleen Mary
Bought by
Hce Llc
Seller's Agent
Catherine Ostermeier
Palmer Realty
Buyer's Agent
Bryan Holland Duell
Way Out West Realty
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$869,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,961
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Nov 16, 2010
Sold by
Gray Clyde Ery and Gray Colleen M
Bought by
Gray Clyde L and Gray Colleen M
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
Hce Llc $400,000 Security Title Agency
Gray Clyde L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2013 07/15/13 Sold $400,000 0.0% $547 / Sq Ft
06/01/2013 06/01/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $400,000 -- $547 / 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 $557 $6,132 -- --
2024 $562 $5,840 -- --
2023 $562 $21,130 $4,220 $16,910
2022 $551 $15,600 $3,120 $12,480
2021 $577 $15,350 $3,070 $12,280
2020 $581 $13,530 $2,700 $10,830
2019 $563 $11,450 $2,290 $9,160
2018 $546 $11,210 $2,240 $8,970
2017 $545 $9,900 $1,980 $7,920
2016 $539 $8,510 $1,700 $6,810
2015 $501 $6,700 $1,340 $5,360
Source: Public Records

Agents Affiliated with this Home

  • Catherine Ostermeier

    Seller's Agent in 2013

    Catherine Ostermeier

    Palmer Realty

    (602) 290-1948

    2 in this area

    7 Total Sales

    Catherine Ostermeier
    Section Image

  • B

    Buyer's Agent in 2013

    Bryan Holland Duell

    Way Out West Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4944488

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-45-028

Arizona Maricopa County Peoria 85345

7419 W Becker Ln Unit 1&2, Peoria, AZ

This home is located at 7419 W Becker Ln Unit 1&2, Peoria, AZ 85345 since 30 May 2013 and is currently estimated at $869,961, approximately $1,190 per square foot. This property was built in 1963. 7419 W Becker Ln Unit 1&2 is a home located in Maricopa County with nearby schools including Sundance Elementary School, Centennial High School, and Academy of Math & Science - Peoria Advanced.

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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