NOT LISTED FOR SALE

Estimated Value: $398,341 - $581,000

Studio
1 Bath
935 Sq Ft
$525/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $390,000 $417 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,666/month

5 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of June 2021

8 - 10 units buildable! Current single-family home on huge lot. R-4 zoned for high density multi-family housing. Approved & with enough space to build 8-10 units and up to 3 stories high. Building is of course not required and would also make a great single-family home with future potential. Large fully fenced fenced yard. Home has been updated. New AC recently installed. Current tenant would like to stay if purchased by an investor allowing income while plans and permits are approved to build multi-family.

Last Agent to Sell the Property

Jeffry Gross

America's All In One Real Estate Services, Inc. License #BR512490000 Listed on: 06/06/2021

Last Buyer's Agent

Alexis Goettl

NORTH&CO. License #SA688095000

NORTH&CO.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 1939

Lot Details

  • 0.32

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Vinyl Flooring

Schools

  • Sunnyslope Elementary School
  • Royal Palm Middle School
  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 159-37-075

Community Details

Overview

  • 8 Units
  • Building Dimensions are rectangle
  • Tengen Place Subdivision

Building Details

  • Operating Expense $1,339
  • Gross Income $171,000
  • Net Operating Income $171,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,339

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Cross Street: 7th St and Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4 Multifamily
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1939
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: TENGEN PLACE
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Lot Size: rectangle
  • Additional Parcels: No
  • Parcel #: 159-37-075

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 8
  • Annual Gross Income: 171000.0
  • Property Net Operating Income: 171000.0
  • Annual Operating Expense: 1339.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1339.0
  • Tax Book Number: 159.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2023
Sold by
Little William
Bought by
Little William R and Am Little Corporation
Current Estimated Value
$491,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$436,954
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$54,381

Purchase Details

Closed on
Jul 6, 2023
Sold by
Little William
Bought by
Am Little Corporation and Little

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$436,954
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$54,381

Purchase Details

Listed on
Jun 6, 2021
Closed on
Jun 24, 2021
Sold by
Arizona Seller Financing Llc
Bought by
Little William
Seller's Agent
Jeffry Gross
America's All In One Real Estate Services, Inc.
Buyer's Agent
Alexis Goettl
NORTH&CO.
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%

Purchase Details

Closed on
Oct 25, 2018
Sold by
Robles Delia
Bought by
Arizona Seller Financing Llc

Purchase Details

Listed on
Aug 28, 2016
Closed on
Aug 16, 2017
Sold by
Rodriguez Gerald A
Bought by
Robles Delia
Seller's Agent
Christopher Bole
Real Broker
Buyer's Agent
James Brown
PRO-formance Realty Concepts
List Price
$179,900
Sold Price
$184,140
Premium/Discount to List
$4,240
2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%
Original Mortgage
$184,140
Interest Rate
3.96%
Mortgage Type
VA

Purchase Details

Closed on
Feb 24, 2017
Sold by
Rodriguez Jenna Lee
Bought by
Rodriguez Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2016
Sold by
Coblentz Jacob Ray and Coblentz Mary A
Bought by
Rbi Property Investments Az Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2000
Sold by
Gannon Edward W and Gannon Rita C
Bought by
Coblentz Jacob Ray and Coblentz Mary A

Purchase Details

Closed on
Jul 13, 1994
Sold by
Gannon Edward W and Gannon Rita C
Bought by
Gannon Edward W and Gannon Rita C
Source: Public Records
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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
Little William R -- Pioneer Title Services
Am Little Corporation -- Pioneer Title Services
Little William $390,000 Chicago Title Agency
Arizona Seller Financing Llc $184,704 Chicago Title Agency Inc
Robles Delia $184,140 Pioneer Title Agency Inc
Rodriguez Gerald -- Old Republic Title Agency
Rodriguez Gerald Anthony -- Old Republic Title Agency
Rbi Property Investments Az Llc $103,000 American Title Svc Agency Ll
Coblentz Jacob Ray $37,500 Security Title Agency
Gannon Edward W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little William R $450,000
Closed Am Little Corporation $450,000
Previous Owner Robles Delia $184,140
Previous Owner Rodriguez Gerald $127,200
Previous Owner Rbi Property Investments Az Llc $119,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2021 06/25/21 Sold $390,000 -2.5% $417 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $399,900 +117.2% $428 / Sq Ft
08/21/2017 08/21/17 Sold $184,140 +2.4% $123 / Sq Ft View Prior Sale
08/16/2017 08/16/17 For Sale $179,900 0.0% $120 / Sq Ft
08/16/2017 08/16/17 Price Changed $179,900 0.0% $120 / Sq Ft
08/01/2017 08/01/17 For Sale $179,900 0.0% $120 / Sq Ft
08/01/2017 08/01/17 Price Changed $179,900 0.0% $120 / Sq Ft
06/21/2017 06/21/17 For Sale $179,900 0.0% $120 / Sq Ft
06/21/2017 06/21/17 Price Changed $179,900 0.0% $120 / Sq Ft
05/17/2017 05/17/17 For Sale $179,900 0.0% $120 / Sq Ft
05/06/2017 05/06/17 Price Changed $179,900 0.0% $120 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $179,900 -2.3% $120 / Sq Ft
03/01/2017 03/01/17 Off Market $184,140 -- --
02/16/2017 02/16/17 Price Changed $179,900 -5.3% $120 / Sq Ft
11/22/2016 11/22/16 Price Changed $189,900 -5.0% $127 / Sq Ft
10/04/2016 10/04/16 Price Changed $199,900 -12.7% $133 / Sq Ft
09/15/2016 09/15/16 Price Changed $229,000 -4.2% $153 / Sq Ft
08/28/2016 08/28/16 For Sale $239,000 -- $159 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,312 $11,669 -- --
2024 $1,401 $11,113 -- --
2023 $1,401 $25,650 $5,130 $20,520
2022 $1,356 $14,850 $2,970 $11,880
2021 $1,373 $14,050 $2,810 $11,240
2020 $1,339 $10,400 $2,080 $8,320
2019 $1,314 $10,700 $2,140 $8,560
2018 $1,126 $11,360 $2,270 $9,090
2017 $556 $7,920 $1,580 $6,340
2016 $546 $6,370 $1,270 $5,100
2015 $506 $5,630 $1,120 $4,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6246648

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-37-075