NOT LISTED FOR SALE

Estimated Value: $476,000 - $938,000

6 Beds
4 Baths
2,700 Sq Ft
$270/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $155,000 $57 Per Sq Ft

Est. 370% increase in value since last sale

Current estimated payment $4,140/month

1 Day on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Painted or Stained Flooring
  • 5-minute walk to Tawa Mini Park
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of December 2012

This short sale is an excellent investment opportunity! Sprawling lot reaches all the way from Coolidge Street to Highlandand includes 2 single family residences and a duplex. Tons of storage room and covered parking. Downtown location - close to work! Check it out!

Last Agent to Sell the Property

Ross Fonner

Clementi Real Estate Consultants License #BR547885000 Listed on: 06/14/2012

Last Buyer's Agent

Michael Kosatka

All Valley Realty L.L.C. License #BR524710000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,069

Year Built

  • Built in 1949

Lot Details

  • 0.4

Home Design

  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Composition Shingle Roof
  • Block Exterior

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Ceramic Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • $3,516 per year Dock Fee
  • 4 Units
  • Building Dimensions are unknown

Listing and Financial Details

  • Tenant pays for cable TV, electric, gas
  • The owner pays for sewer, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,069

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: F/S Oven/Range
  • Construction Finish: Painted
  • Cross Street: 7th Ave & Camelback
  • Floors: Carpet, Ceramic Tile
  • Legal Info Range: 3E
  • Legal Info Section: 19
  • Legal Info Township: 2N
  • Other Type: House + Rental Units
  • Roads Streets: Concrete
  • Property Type: F
  • Hndrd Blk Directionl: W
  • Hundred Block: 700
  • Legal Description Abbrev: Income Acres
  • Ownership: Fee Simple
  • Map Code Grid: P34
  • Year Built: 1949
  • Tax Year: 2011
  • Directions: From Camelback, South on 7th Avenue to Coolidge St, West on Coolidge St to Property
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished

Exterior Features

  • Exterior Amenities: Cable TV Available, Desert Landscaping, Green Landscaping, Partially Fenced, Patio/Balcony, Separate Storage
  • Roofing: Comp Shingle, Rolled
  • Construction: Block, Frame - Wood

Garage/Parking

  • Total Parking Spaces: 17557.00
  • Covered Parking Spaces: 17557.00

Utilities

  • Water: Master Meter
  • Electric: SRP
  • Gas: SW Gas
  • Cooling: Electric, Window/Wall Unit
  • Heating: Electric

Condo/Co-op/Association

  • Community Amenities: No Pool

Lot Info

  • Lot Size: unknown

Multi Family

  • Efficiency Units Baths: 1
  • Efficiency Units Rent: 400.00
  • Efficiency Units Sq Ft: 900
  • Income And Expenses Operating Exp: 3516.00
  • Number Of Efficiency Units: 1
  • Number Of One Bedroom Units: 1
  • Number Of Three Bedroom Units: 1
  • Number Of Two Bedroom Units: 1
  • One Bedroom Units Avg Rent: 700.00
  • One Bedroom Units Avg Sq Ft: 500
  • One Bedroom Units Baths: 1
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electric, Gas
  • Three Bedroom Units Avg Rent: 800.00
  • Three Bedroom Units Avg Sq Ft: 650
  • Three Bedroom Units Baths: 1
  • Total Numberof Buildings: 3
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Rent: 750.00
  • Two Bedroom Units Avg Sq Ft: 650
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 3516.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2024
Sold by
Roberson Angela N
Bought by
Brown Michael and Roberson Angela N
Current Estimated Value
$728,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$174,396
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$553,819

Purchase Details

Closed on
Aug 14, 2017
Sold by
Edouble Llc
Bought by
Roberson Angela

Purchase Details

Listed on
Jun 14, 2012
Closed on
Nov 12, 2012
Sold by
Roherson Angela N
Bought by
Morales Elizabeth Ann
Seller's Agent
Ross Fonner
Clementi Real Estate Consultants
Buyer's Agent
Michael Kosatka
All Valley Realty L.L.C.
List Price
$85,000
Sold Price
$155,000
Premium/Discount to List
$70,000
82.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%
Original Mortgage
$35,000
Interest Rate
3.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2005
Sold by
Stansbury Stanford J and Stansbury Jimmie Allen
Bought by
Roberson Angela N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
6.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 1997
Sold by
Stansbury Stanford J and Stansbury Nell W
Bought by
Stansbury Stanford J and Stansbury Nell W
Source: Public Records

Range of Values:

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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
Brown Michael -- Pioneer Title Agency
Brown Michael -- Pioneer Title Agency
Roberson Angela -- None Available
Morales Elizabeth Ann $155,000 Empire West Title Agency
Roberson Angela N $325,000 Arizona Title Agency Inc
Stansbury Stanford J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Michael $175,000
Closed Brown Michael $175,000
Previous Owner Edouble Llc $150,000
Previous Owner Morales Elizabeth Ann $35,000
Previous Owner Roberson Angela N $328,000
Previous Owner Roberson Angela N $22,000
Previous Owner Roberson Angela N $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2012 12/31/12 Sold $155,000 +82.4% $57 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $85,000 -- $31 / 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 $2,069 $16,488 -- --
2024 $1,999 $15,703 -- --
2023 $1,999 $68,770 $13,750 $55,020
2022 $1,888 $47,410 $9,480 $37,930
2021 $1,929 $41,580 $8,310 $33,270
2020 $1,879 $34,450 $6,890 $27,560
2019 $1,794 $28,150 $5,630 $22,520
2018 $1,733 $21,800 $4,360 $17,440
2017 $1,586 $19,350 $3,870 $15,480
2016 $1,528 $16,710 $3,340 $13,370
2015 $1,422 $14,900 $2,980 $11,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4788387

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-37-023