NOT LISTED FOR SALE

Estimated Value: $571,791

-- Bed
-- Bath
1,025 Sq Ft
$558/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $525,000 $512 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,211/month

2 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Sunnyslope High School Rated A

About This Home

As of December 2020

Excellent investment opportunity for a stable, appreciating asset! Granite countertops,, onsite laundry, storage rooms attached to each unit, grassy area for relaxation, close to dining, freeways, and new development happening all around the area! Plus, Sunnyslope HS is one of the best schools in the state! Excellent opportunity for a long term investment or to buy and live in!

Last Agent to Sell the Property

Ron Johnson

Realty ONE Group License #SA046969000 Listed on: 11/14/2020

Last Buyer's Agent

Susan McCall

Commercial Property Connect License #BR552939000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 1978

Lot Details

  • 7,275

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Washington Elementary School - Phoenix
  • Sunnyslope Elementary Middle School
  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 7
  • Assessor Parcel Number 159-36-034

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are NA
  • Cook Court Subdivision

Building Details

  • Operating Expense $8,232
  • Gross Income $39,948
  • Net Operating Income $31,716

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,075

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: 7th St and Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 2
  • Year Built: 1978
  • Tax Year: 2020
  • Directions: From 7th St and Dunap, head N to Mission Ln, then E on Mission to the property at the end of the CDS on the N side
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: COOK COURT
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • 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:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Electric, Ceiling Fan(s)
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 3659.0

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Sunnyslope High School
  • Middle Or Junior School: Sunnyslope Elementary School

Lot Info

  • Lot Size: NA
  • Additional Parcels: No
  • Parcel #: 159-36-034

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 39948.0
  • Insurance Expense: 1073.0
  • Maintenance Expense: 625.0
  • Property Net Operating Income: 31716.0
  • Annual Operating Expense: 8232.0

Tax Info

  • Tax Annual Amount: 1075.0
  • Tax Book Number: 159.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2025
Sold by
Richards Elaine
Bought by
Eea Investments Llc
Current Estimated Value
$571,791

Purchase Details

Listed on
Nov 14, 2020
Closed on
Dec 8, 2020
Sold by
Cl Kl Ll Holdings Llc
Bought by
Richards Elaine
Seller's Agent
Ron Johnson
Realty ONE Group
Buyer's Agent
Susan McCall
Commercial Property Connect
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$393,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2020
Closed on
Jan 27, 2020
Sold by
Nelson Julia
Bought by
Cl Kl Ll Holdings Llc
Seller's Agent
Ana Caprar
Delex Realty
Buyer's Agent
Ron Johnson
Realty ONE Group
List Price
$335,000
Sold Price
$330,000
Premium/Discount to List
-$5,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.57%
Original Mortgage
$330,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2007
Sold by
Marincas Juliana L
Bought by
Nelson Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,200
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2003
Sold by
Debnam E Kent and Debnam Mary I
Bought by
Marincas Iuliana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.89%
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
Eea Investments Llc $530,000 Commonwealth Land Title
Richards Elaine $525,000 Valleywide Title Agency
Cl Kl Ll Holdings Llc $330,000 Valleywide Title Agency
Nelson Julia -- First American Title Ins Co
Marincas Iuliana L -- American Title Ins Agency Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richards Elaine $393,750
Previous Owner Cl Kl Holdings Llc $330,000
Previous Owner Cl Kl Ll Holdings Llc $335,000
Previous Owner Nelson Julia $186,000
Previous Owner Nelson Julia $197,200
Previous Owner Marincas Iuliana L $157,500
Previous Owner Marincas Iuliana L $31,500
Previous Owner Marincas Iuliana L $120,000
Previous Owner Marincas Iuliana $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $525,000 0.0% $512 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $525,000 +59.1% $512 / Sq Ft
01/31/2020 01/31/20 Sold $330,000 -1.5% $322 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $335,000 -- $327 / 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 $1,146 $9,369 -- --
2024 $1,125 $8,923 -- --
2023 $1,125 $35,060 $7,010 $28,050
2022 $1,088 $24,650 $4,930 $19,720
2021 $1,102 $20,770 $4,150 $16,620
2020 $1,075 $18,530 $3,700 $14,830
2019 $1,055 $16,450 $3,290 $13,160
2018 $1,028 $14,000 $2,800 $11,200
2017 $1,022 $10,970 $2,190 $8,780
2016 $1,004 $10,160 $2,030 $8,130
2015 $930 $8,510 $1,700 $6,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6160424

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-36-034