NOT LISTED FOR SALE

743 E Wier Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $247,128 - $559,000

Studio
-- Bath
1,848 Sq Ft
$229/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2015

Last sale price $115,000 $62 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $2,314 / mo

114 Days on Market

Highlights

  • Central Air
  • Vinyl Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of April 2015

INVESTORS ALERT! PRICED TO SELL! TENANTS PAY ALL UTILITIES, YOU COLLECT THE RENT! Three units, 2 bedrooms/1 bath per unit. Property has updated kitchens and baths; new energy-efficient doors and windows, and SOLAR PANELS ARE OWNED, NOT LEASED! Each unit is individually metered. Ample parking. Easy access to downtown businesses and entertainment. Walking distance to elementary school and community park.

Last Agent to Sell the Property

Debbie English

HomeSmart License #SA581550000 Listed on: 10/28/2014

HomeSmart

Last Buyer's Agent

James Hill

West USA Realty License #SA116827000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $402

Year Built

  • Built in 1985

Lot Details

  • 7,971

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Vinyl Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Free Parking
  • Paved Parking
  • Assigned Parking

Schools

  • South Mountain High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer
  • Legal Lot and Block 1 / 4
  • Assessor Parcel Number 113-47-024

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7950
  • Roosevelt Square Subdivision

Building Details

  • Operating Expense $4,024
  • Net Operating Income $13,198

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$402

Year Built

Built in 1985

Lot Details

7,971 Sq Ft Lot

Listing Details

  • Cross Street: 7th Street and Broadway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1620.0
  • Subdivision Name: Roosevelt Square
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, Free, Assigned, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, 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

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7950
  • Additional Parcels: No
  • Parcel #: 113-47-024

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer
  • Number Of Units Total: 3
  • Insurance Expense: 800.0
  • Maintenance Expense: 800.0
  • Property Net Operating Income: 13198.0
  • Annual Operating Expense: 4024.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 402.0
  • Tax Block: 4
  • Tax Book Number: 113.00
  • Tax Lot: 1

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2018
Sold by
Bought by
Current Estimated Value
$424,032

Purchase Details

Listed on
Oct 28, 2014
Closed on
Mar 10, 2015
Sold by
Bought by
Seller's Agent
Debbie English
HomeSmart
Buyer's Agent
James Hill
West USA Realty
List Price
$138,000
Sold Price
$115,000
Premium/Discount to List
-$23,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$86,000
Interest Rate
0.0364%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 17, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,591
Interest Rate
0.0578%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,591
Interest Rate
0.0578%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
0.0687%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
0.082%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 9, 1997
Sold by
Bought by

Purchase Details

Closed on
May 26, 1995
Sold by
Bought by

Purchase Details

Closed on
May 25, 1995
Sold by
Bought by
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

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 Buyer Sale Price Title Company
-- None Available
$116,000 Great American Title Agency
-- None Available
$40,000 Metro Title Agency Of Az Llc
$85,560 None Available
-- Security Title Agency
$123,500 Security Title Agency
$114,500 Lawyers Title Of Arizona Inc
$87,000 Security Title Agency
$37,500 Security Title
-- --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $70,000
Previous Owner $86,000
Previous Owner $164,800
Previous Owner $140,000
Previous Owner $121,591
Previous Owner $121,591
Previous Owner $86,400
Previous Owner $65,250
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
04/30/2015 04/30/15 Sold $115,000 -16.7% $62 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
10/28/2014 10/28/14 For Sale $138,000 -- $75 / 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 $770 $5,105
2024 $729 $4,862
2023 $729 $23,980 $4,790 $19,190
2022 $714 $16,510 $3,300 $13,210
2021 $728 $13,780 $2,750 $11,030
2020 $719 $12,370 $2,470 $9,900
2019 $696 $11,960 $2,390 $9,570
2018 $677 $9,710 $1,940 $7,770
2017 $646 $7,820 $1,560 $6,260
2016 $614 $6,570 $1,310 $5,260
2015 $578 $5,250 $1,050 $4,200
Source: Public Records

Agents Affiliated with this Home

  • Debbie English

    Seller's Agent in 2015

    Debbie English

    HomeSmart

    (602) 432-9202

    6 Total Sales

    Debbie English
    Section Image
  • James Hill

    Buyer's Agent in 2015

    James Hill

    West USA Realty

    (602) 748-6706

    3 Total Sales

    James Hill
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5191888

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-47-024

Arizona Maricopa County Phoenix 85040 South Mountain

743 E Wier Ave, Phoenix, AZ

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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