$32,000
SOLD OCT 12, 2012
5 Beds
2 Baths
1,034 Sq Ft
1941 Built

Recently Sold

$31 Per Sq Ft

29% Below List Price

209 Days on Market

Highlights

  • Evaporated cooling system
  • Painted or Stained Flooring
  • 2-minute walk to Kipok Mini Park
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of July 2021

motivated seller ,will look at all offers, INVESTOR SPECIAL,GREAT RENTAL POTENTIAL,HOUSE IN REAR AS WELL FOR MOTHER IN LAW SETUP OR RENTAL.NEEDS REPAIR -FIX UP SPECIAL. NOT A FORECLOSURE OR SHORT SALE. CAN SELL QUICKLY.

Last Agent to Sell the Property

Phil DeVito

HomeSmart License #BR524892000 Listed on: 03/04/2012

HomeSmart

Last Buyer's Agent

Arturo Rubi

Rubi Realty License #BR038691000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $439

Year Built

  • Built in 1941

Parking

  • Over 1 Space Per Unit

Home Design

  • Composition Shingle Roof
  • Block Exterior

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Vinyl

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

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

Community Details

Overview

  • $658 per year Dock Fee
  • 2 Units
  • Building Dimensions are irr

Building Details

  • Insurance Expense $326

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$439

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: F/S Oven/Range, Refrigerator
  • Construction Finish: Painted
  • Cross Street: 7th Av x Broadway
  • Floors: Carpet, Vinyl
  • Legal Info Lot Number: 27
  • Legal Info Range: 3E
  • Legal Info Section: 19
  • Legal Info Township: 1N
  • Other Type: House + Rental Units
  • Roads Streets: Asphalt
  • Property Type: F
  • Hndrd Blk Directionl: S
  • Hundred Block: 4175
  • Ownership: Fee Simple
  • Map Code Grid: R34
  • Year Built: 1941
  • Tax Year: 2011
  • Directions: NORTH TO RIVERSIDE,WEST TO PROPERTY
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roofing: Comp Shingle
  • Construction: Block

Garage/Parking

  • Parking: >1 Space Per Unit
  • Total Parking Spaces: 1.00
  • Covered Parking Spaces: 1.00

Utilities

  • Water: City Franchise
  • Electric: APS
  • Gas: SW Gas
  • Cooling: Electric, Evaporative Cooling, Window/Wall Unit
  • Heating: Electric, Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Community Amenities: No Pool

Lot Info

  • Lot Size: irr

Multi Family

  • Income And Expenses Adjusted Gross Inc: 79200.00
  • Income And Expenses Annual Elec Exp: 1583.00
  • Income And Expenses Annual Gas Exp: 315.00
  • Income And Expenses Annual Ins Exp: 326.00
  • Income And Expenses Annual Maint Exp: 1500.00
  • Income And Expenses Annual Water Sewer Exp: 1022.00
  • Income And Expenses Gross Annual Sch Inc: 19800.00
  • Income And Expenses Net Operating Income: 13782.00
  • Income And Expenses Operating Exp: 5404.00
  • Income And Expenses Totl Mnth Rntal Inc: 1650.00
  • Income And Expenses Vacancy Allowance: 5.00
  • Number Of Three Bedroom Units: 1
  • Number Of Two Bedroom Units: 1
  • Owner Pays: Electric, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas
  • Three Bedroom Units Avg Rent: 1100.00
  • Three Bedroom Units Avg Sq Ft: 1034
  • Three Bedroom Units Baths: 1
  • Total Numberof Buildings: 2
  • Total Numberof Units: 2.00
  • Two Bedroom Units Avg Rent: 550.00
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 658.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
Jun 29, 2021
Sold by
Ramirez Samuel Ugarte and Ugarte Mariaelena
Bought by
Heng Kenneth M and The Kenneth M Heng Sr Family T
Seller's Agent
Arturo Rubi
Rubi Realty
Buyer's Agent
Daniel Hollowell
Trade Realty LLC
List Price
$360,000
Sold Price
$340,000
Premium/Discount to List
-$20,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$240,000
Outstanding Balance
$220,767
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$207,165

Purchase Details

Closed on
May 31, 2013
Sold by
Buelna Francisco and Buelna Elena
Bought by
Ramirez Samuel Ugarte and Ugarte Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 7, 2012
Closed on
Oct 9, 2012
Sold by
British Royal Asset Management Services
Bought by
Buelna Francisco and Buelna Elena
Seller's Agent
Phil DeVito
HomeSmart
Buyer's Agent
Arturo Rubi
Rubi Realty
List Price
$49,900
Sold Price
$32,000
Premium/Discount to List
-$17,900
-35.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.54%

Purchase Details

Closed on
May 13, 2011
Sold by
Federal National Mortgage Association
Bought by
British Royal Asset Management Services

Purchase Details

Closed on
Aug 23, 2010
Sold by
Matthews Ronald L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 6, 2004
Sold by
Matthews Ronald L
Bought by
Coyee South Central Llc

Purchase Details

Closed on
Dec 11, 2003
Sold by
Charloff Gail
Bought by
Matthews Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2000
Sold by
Heydenreich Shelena
Bought by
Matthews Ronald L and Charloff Gail

Purchase Details

Closed on
Oct 14, 1998
Sold by
Heydenreich Eldon
Bought by
Heydenreich Shelena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,800
Interest Rate
6.71%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $340,000 Chicago Title Agency
Warranty Deed $63,000 Chicago Title Agency
Cash Sale Deed $32,000 Dhi Title Agency
Special Warranty Deed -- Servicelink
Trustee Deed $86,332 None Available
Warranty Deed -- --
Warranty Deed -- North American Title Co
Quit Claim Deed -- --
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Previous Owner $21,000 Commercial
Previous Owner $88,000 Commercial
Previous Owner $14,800 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $420,000 -1.2% --
06/17/2025 06/17/25 Price Changed $425,000 0.0% --
06/17/2025 06/17/25 For Sale $425,000 -10.1% --
06/06/2025 06/06/25 Pending -- -- --
02/14/2025 02/14/25 Price Changed $473,000 -2.1% --
10/01/2024 10/01/24 For Sale $483,000 +42.1% --
07/06/2021 07/06/21 Sold $340,000 -2.8% $329 / Sq Ft
06/29/2021 06/29/21 Price Changed $349,900 0.0% $338 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/20/2021 05/20/21 Price Changed $349,900 -2.8% $338 / Sq Ft
04/30/2021 04/30/21 For Sale $360,000 +1025.0% $348 / Sq Ft
10/12/2012 10/12/12 Sold $32,000 0.0% $31 / Sq Ft
10/12/2012 10/12/12 Sold $32,000 -20.0% $31 / Sq Ft
09/29/2012 09/29/12 Pending -- -- --
09/17/2012 09/17/12 Price Changed $40,000 -19.8% $39 / Sq Ft
08/06/2012 08/06/12 For Sale $49,900 +10.9% $48 / Sq Ft
03/04/2012 03/04/12 For Sale $45,000 -- $44 / 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 $439 $2,989 -- --
2024 $427 $2,846 -- --
2023 $427 $14,820 $2,960 $11,860
2022 $418 $10,110 $2,020 $8,090
2021 $427 $8,680 $1,730 $6,950
2020 $421 $7,300 $1,460 $5,840
2019 $408 $6,920 $1,380 $5,540
2018 $397 $5,180 $1,030 $4,150
2017 $378 $4,630 $920 $3,710
2016 $360 $3,830 $760 $3,070
2015 $338 $2,780 $550 $2,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4727375

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-56-067