NOT LISTED FOR SALE

Estimated Value: $516,000 - $804,950

Studio
-- Bath
1,776 Sq Ft
$376/Sq Ft Est. Value

Sale Details

Date Sold: December 31, 2018

Last sale price $450,000 $253 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,329 / mo

82 Days on Market

Highlights

  • Two cooling system units
  • Fenced
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of December 2018

This brick, garden-style building with HUGE private patios was just torn down to the studs & completely renovated in 2018 opening up the floorplan then finished with premium finishes. Renovation for ALL units include all brand new plumbing from the street & interiors, new roof, new HVAC systems, new energy efficient dual pane windows, new front doors plus security doors, new stainless steel appliances, white shaker cabinets, quartz countertops, wood-look tile floors, bathtubs, tile surround, ceiling fans, lighting interior & exterior, plumbing fixtures & more! Rent is $795/mo plus on-site laundry for extra income. All four units were renovated at the same time with exactly the same finishes. This vibrant infill location has the #1 restaurant in AZ opening next door - Little Miss BBQ!

Last Agent to Sell the Property

Joshua Roubal

My Home Group Real Estate License #SA555438000 Listed on: 09/12/2018

Co-Listed By

Steven Rundle

Dwellings Realty Group License #BR536790000

Last Buyer's Agent

Tom Witt

RE/MAX Fine Properties License #SA673235000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1964

Lot Details

  • Fenced

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Additional Parking

Utilities

  • Two cooling system units
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV
  • The owner pays for water, sewer, trash collection, landscaping
  • Assessor Parcel Number 160-03-029

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6534 SQ
  • Remodeled Four Plex Subdivision

Building Details

  • Operating Expense $10,787
  • Gross Income $37,740
  • Net Operating Income $26,953

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,181

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Dunlap & 7th St.
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2856.0
  • Co List Office Mls Id: dllg01
  • Co List Office Phone: 480-629-8136
  • Subdivision Name: Remodeled Four Plex
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Evaporative Cooling, Electric, 2 or More Units
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range, Refrigerator, Microwave
  • Interior Features:Interior Features: Unfurnished, Fire/Smoke Alarm(s)

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Painted
  • Roof: Composition
  • Exterior Amenities: Fenced

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • Parking Features:Parking Features: 1 Space/Unit, Add'l Parking Avail

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling, Electric, 2 or More Units
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Gas:Gas: SW Gas

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Fuel Expense: 250.0
  • Annual Water Sewer Expense: 4200.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 6534 SQ
  • Additional Parcels: No
  • Parcel #: 160-03-029

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping
  • Tenant Pays: Electricity, Gas, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 37740.0
  • Insurance Expense: 1400.0
  • Property Net Operating Income: 26953.0
  • Annual Operating Expense: 10787.0

Tax Info

  • Tax Annual Amount: 1181.0
  • Tax Book Number: 160.0
  • Tax Lot: 0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 Prior Sale
12/31/2018 12/31/18 Sold $450,000 -5.3% $253 / Sq Ft
10/30/2018 10/30/18 Price Changed $475,000 -4.8% $267 / Sq Ft
10/12/2018 10/12/18 Price Changed $499,000 -0.2% $281 / Sq Ft
09/12/2018 09/12/18 For Sale $499,900 +140.3% $281 / Sq Ft
07/31/2017 07/31/17 Sold $208,000 0.0% $117 / Sq Ft View Prior Sale
07/19/2017 07/19/17 Pending -- -- --
07/08/2017 07/08/17 For Sale $208,000 -- $117 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5819017

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-03-029

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