NOT LISTED FOR SALE

Estimated Value: $339,000 - $433,000

-- Bed
-- Bath
1,144 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $62,600 $55 Per Sq Ft

Est. 513% increase in value since last sale

Current estimated payment $2,090/month

14 Days on Market

Highlights

  • Cooling Available
  • Chandler High School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of October 2012

Incredible investment opportunity for this 2 unit home! Unit A: Great 2 bedroom 1 bath unit with a large living room. The open kitchen is a nice size, with a wonderful layout. Unit B: 1 bedroom, 1 bath unit with a large living room, open kitchen, and a nice sized bedroom. Both units have separate/private backyards. Amazing for the seasoned or first time investor. Possible foundation issue, no inspections have been completed. Your clients will thank you for years to come, don’t let this one pass them BUY!!!

Last Agent to Sell the Property

George Biederman V

RAB Realty, LLC License #BR561220000 Listed on: 09/06/2012

Last Buyer's Agent

Janice Savage

HomeSmart License #SA585970000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $628

Year Built

  • Built in 1960

Lot Details

  • 8,102

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

  • Galveston Elementary School
  • Willis Junior High School
  • Chandler High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 302-66-109-E

Community Details

Overview

  • 2 Units
  • Building Dimensions are 136 X 61
  • Lundquist Subdivision

Building Details

  • Operating Expense $628

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$628

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: RAY & ARIZONA AVE
  • Property Type: Multiple Dwellings
  • Zoning: RENTAL RESIDENT
  • Number Of Buildings: 1
  • Year Built: 1960
  • Tax Year: 2011
  • Directions: S ON ARIZONA AVE, E ON IVANHOE, S ON DELAWARE ** FOLLOW TO PROPERTY
  • Road Surface Type: Alley
  • Subdivision Name: LUNDQUIST
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

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
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Galveston Elementary School
  • High School: Chandler High School
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Lot Size: 136 X 61
  • Additional Parcels: No
  • Parcel #: 302-66-109-E

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 628.0

Tax Info

  • Tax Annual Amount: 628.0
  • Tax Book Number: 302.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2012
Closed on
Oct 11, 2012
Sold by
Wells Fargo Bank Na
Bought by
Barkdoll Properties Llc
Seller's Agent
George Biederman V
RAB Realty, LLC
Buyer's Agent
Janice Savage
HomeSmart
List Price
$54,351
Sold Price
$62,600
Premium/Discount to List
$8,249
15.18%
Current Estimated Value
$384,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,438
Avg. Annual Appreciation
14.94%

Purchase Details

Listed on
Sep 6, 2012
Closed on
Aug 24, 2012
Sold by
Martinez Michael T and Martinez Deirdre A
Bought by
Wells Fargo Bank Na
Seller's Agent
George Biederman V
RAB Realty, LLC
Buyer's Agent
Janice Savage
HomeSmart
List Price
$54,351
Sold Price
$62,600
Premium/Discount to List
$8,249
15.18%

Purchase Details

Closed on
Oct 7, 2005
Sold by
Hekekia Brad K and Hekekia Kristen L
Bought by
Martinez Michael T and Martinez Deirdre A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 9, 2003
Sold by
Community Services Of Arizona
Bought by
Hekekia Brad K and Hekekia Kristen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2002
Sold by
Community Services Of Arizona
Bought by
Community Services Of Arizona
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Barkdoll Properties Llc $62,600 American Title Service Agenc
Wells Fargo Bank Na $175,439 None Available
Martinez Michael T $187,000 First American Title Ins Co
Hekekia Brad K $105,000 Security Title Agency
Community Services Of Arizona -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Michael T $149,600
Previous Owner Hekekia Brad K $99,750
Closed Martinez Michael T $18,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2012 10/12/12 Sold $62,600 +15.2% $55 / Sq Ft
09/19/2012 09/19/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $54,351 -- $48 / 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 $739 $8,034 -- --
2024 $725 $7,651 -- --
2023 $725 $27,920 $5,580 $22,340
2022 $702 $19,370 $3,870 $15,500
2021 $722 $17,350 $3,470 $13,880
2020 $718 $15,520 $3,100 $12,420
2019 $693 $12,480 $2,490 $9,990
2018 $673 $10,030 $2,000 $8,030
2017 $632 $8,480 $1,690 $6,790
2016 $611 $7,470 $1,490 $5,980
2015 $585 $6,330 $1,260 $5,070
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4814619

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-66-109E