NOT LISTED FOR SALE

Estimated Value: $395,000 - $1,346,000

-- Bed
-- Bath
3,180 Sq Ft
$286/Sq Ft Est. Value

Last Sold April 05, 2013

Last sale price $162,300 $51 Per Sq Ft

Est. 430% increase in value since last sale

Current estimated payment $4,598/month

45 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available

About This Home

As of April 2013

*Seller accepted an offer.* South Scottsdale 4plex with potential. On the south west corner of Hayden and McKinley this location is convenient to ASU, Tempe, Sky Harbor Airport and area businesses. 4 units total all 2 bedroom 1 bath. Interior rehab was in progress. One unit has no kitchen, bathroom or flooring. Buyer to investigate any and all items of material importance. As-Is Sale.

Last Agent to Sell the Property

Chris Baker

Keller Williams Realty Sonoran Living Listed on: 02/05/2013

Last Buyer's Agent

Lara Chubaty

HomeSmart License #BR576309000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $889

Year Built

  • Built in 1971

Lot Details

  • 7,928

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Yavapai Elementary School
  • Supai Middle School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 117
  • Assessor Parcel Number 131-51-029

Community Details

Overview

  • 4 Units
  • Building Dimensions are Irreg
  • Mereway Manor Lts 200 217 Subdivision

Building Details

  • Operating Expense $889

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$889

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: McDowell & Hayden
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: MF
  • Number Of Buildings: 1
  • Year Built: 1971
  • Tax Year: 2012
  • Directions: South on Hayden to McKinley. Right on McKinley.
  • Road Surface Type: Asphalt
  • Subdivision Name: Mereway Manor Lts 200-217
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • 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:Free: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Yavapai Elementary School
  • Middle Or Junior School: Supai Middle School

Lot Info

  • Lot Size: Irreg
  • Additional Parcels: No
  • Parcel #: 131-51-029

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 889.0

Tax Info

  • Tax Annual Amount: 889.0
  • Tax Book Number: 131.00
  • Tax Lot: 117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2013
Closed on
Apr 22, 2013
Sold by
Az Home Bokers Llc
Bought by
Lakewood Ventures Llc
Seller's Agent
Chris Baker
Keller Williams Realty Sonoran Living
Buyer's Agent
Lara Chubaty
HomeSmart
List Price
$112,350
Sold Price
$162,300
Premium/Discount to List
$49,950
44.46%
Current Estimated Value
$860,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$697,700
Avg. Annual Appreciation
14.70%

Purchase Details

Listed on
Feb 5, 2013
Closed on
Apr 3, 2013
Sold by
Wells Fargo Bank Na
Bought by
Az Home Brokers Llc
Seller's Agent
Chris Baker
Keller Williams Realty Sonoran Living
Buyer's Agent
Lara Chubaty
HomeSmart
List Price
$112,350
Sold Price
$162,300
Premium/Discount to List
$49,950
44.46%

Purchase Details

Closed on
Jan 3, 2013
Sold by
Cortes Aniceto and Gonzalez Herminia
Bought by
Wells Fargo Bank Na and Norwest Bank Minnesota Na

Purchase Details

Closed on
Oct 25, 2004
Sold by
Gonzales Ernesto
Bought by
Gonzales Herminia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2004
Sold by
Briggs John Calvin
Bought by
Cortez Aniceto and Gonzales Herminia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 1995
Sold by
Briggs Carol G
Bought by
Briggs John Calvin
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
Lakewood Ventures Llc -- None Available
Az Home Brokers Llc $162,300 Lawyers Title Of Arizona Inc
Wells Fargo Bank Na $201,135 None Available
Gonzales Herminia -- Stewart Title & Trust Of Pho
Cortez Aniceto $275,000 Stewart Title & Trust Of Pho
Briggs John Calvin -- Chicago Title Insurance Co
Briggs John Calvin $99,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cortez Aniceto $220,000
Closed Cortez Aniceto $27,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2013 04/05/13 Sold $162,300 +44.5% $51 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $112,350 -- $35 / 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 $1,056 $14,803 -- --
2024 $999 $14,098 -- --
2023 $999 $54,000 $10,800 $43,200
2022 $948 $51,220 $10,240 $40,980
2021 $1,006 $40,720 $8,140 $32,580
2020 $998 $35,200 $7,040 $28,160
2019 $968 $34,380 $6,870 $27,510
2018 $935 $30,560 $6,110 $24,450
2017 $889 $27,030 $5,400 $21,630
2016 $869 $20,820 $4,160 $16,660
2015 $827 $19,170 $3,830 $15,340
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4885848

Arizona Regional Multiple Listing Service (ARMLS)

APN: 131-51-029