NOT LISTED FOR SALE

Estimated Value: $555,000 - $651,698

8 Beds
-- Baths
3,000 Sq Ft
$197/Sq Ft Est. Value

Sale Details

Date Sold: February 9, 2023

Last sale price $599,000 $200 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,324 / mo

5 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of February 2023

RARE OPPORTUNITY. Rents are currently way below market in this very attractively priced 4 plex. EASY FLIP. All units are 2 bed/ 1 bath, 750 SQFT. Pricing reflects sellers desire for quick close. All non tenant owned appliances go with property. Utility room with laundry seperately metered for electricty.

Last Agent to Sell the Property

Joshua Wedel

Keller Williams Realty Phoenix License #SA692317000 Listed on: 11/17/2022

Keller Williams Realty Phoenix

Co-Listed By

Roger Phillips

Keller Williams Realty Phoenix License #SA651186000

Last Buyer's Agent

Diego Villicana

HomeSmart License #SA693733000

HomeSmart
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $945

Year Built

  • Built in 1981

Lot Details

  • 6,273

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Metal Construction or Metal Frame
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Lincoln Elementary School
  • Carson Junior High Middle School
  • East Valley Academy High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 43
  • Assessor Parcel Number 139-45-068-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 97.48' x 69.43
  • Beall Park 2 Subdivision

Building Details

  • Operating Expense $7,941
  • Gross Income $54,720
  • Net Operating Income $46,779

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$945

Year Built

Built in 1981

Lot Details

6,273 Sq Ft Lot

Listing Details

  • Cross Street: W Southern and S Macdonald
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RM-4
  • Number Of Buildings: 1
  • Year Built: 1981
  • Tax Year: 2022
  • Road Surface Type: Asphalt, Alley
  • Co List Office Mls Id: kwrp001
  • Co List Office Phone: 480-768-9333
  • Subdivision Name: BEALL PARK 2
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Metal, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 360.0
  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Lincoln Elementary School
  • High School: East Valley Academy
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Carson Junior High School

Lot Info

  • Lot Size: 97.48' x 69.43
  • Additional Parcels: No
  • Parcel #: 139-45-068-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Electric Expense: 240.0
  • Annual Gross Income: 54720.0
  • Insurance Expense: 1260.0
  • Maintenance Expense: 2736.0
  • Property Net Operating Income: 46779.0
  • Annual Operating Expense: 7941.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 945.0
  • Tax Book Number: 139.00
  • Tax Lot: 43

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

Listed on
Nov 17, 2022
Closed on
Feb 9, 2023
Sold by
Bought by
Seller's Agent
Joshua Wedel
Keller Williams Realty Phoenix
Buyer's Agent
Diego Villicana
HomeSmart
List Price
$599,000
Sold Price
$599,000
Views
162
Current Estimated Value
$591,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,575
Avg. Annual Appreciation
-0.36%
Original Mortgage
$479,200
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2022
Sold by
Bought by

Purchase Details

Closed on
Jan 2, 2009
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
$155,677
Interest Rate
5.97%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2004
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
$122,000
Interest Rate
5.57%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$599,000 Old Republic Title Agency
$500,000 Empire Title Company Ltd
$180,000 Fidelity National Title Ins
-- Archer Land Title Inc
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
Open $370,000
Closed $479,200
Previous Owner $155,677
Previous Owner $122,000
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
02/09/2023 02/09/23 Sold $599,000 0.0% $200 / Sq Ft
01/04/2023 01/04/23 For Sale $599,000 0.0% $200 / Sq Ft
12/23/2022 12/23/22 For Sale $599,000 0.0% $200 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $599,000 -- $200 / 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 $962 $9,749
2024 $965 $9,285
2023 $965 $44,860 $8,970 $35,890
2022 $945 $28,360 $5,670 $22,690
2021 $956 $24,000 $4,800 $19,200
2020 $944 $21,570 $4,310 $17,260
2019 $882 $17,520 $3,500 $14,020
2018 $846 $15,950 $3,190 $12,760
2017 $821 $14,130 $2,820 $11,310
2016 $806 $13,030 $2,600 $10,430
2015 $757 $11,600 $2,320 $9,280
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6490501

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-45-068A

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