NOT LISTED FOR SALE
2 Beds
-- Bath
918 Sq Ft
1926 Built

Sale Details

Date Sold: January 2, 2018

Last sale price $1,075,000 $1,171 Per Sq Ft

16 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Concrete Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of January 2018

A historic moneymaker, Las Casitas is situated just blocks from the State Capitol complex in Downtown Phoenix. Don't miss this opportunity to purchase a fully rehabbed complex of charming bungalows, most with their own covered carport. On-site leased laundry equipment brings additional income.
This block constructed property is low maintenance and bullet-proof with concrete floors, desert landscaping, new HVAC, roofs, electric, and plumbing. Enjoy super-low expenses going forward. You simply cannot find this kind of seller-financed deal in the current Phoenix market! --- The seller's default terms are 30% down, 1 year term, 7% interest only.

Last Agent to Sell the Property

Terry Kass

Coldwell Banker Commercial Realty License #BR503783000 Listed on: 10/23/2017

Coldwell Banker Commercial Realty

Co-Listed By

Mark Skelpsa

HomeSmart Realty License #SA642313000

Last Buyer's Agent

Terry Kass

Blue Saguaro Commercial Realty, LLC License #BR503783000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1926

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 8 Open Parking Spaces
  • 32 Parking Spaces
  • 24 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Individual Controls for Heating
  • Window Unit Heating System
  • Separate Meters
  • Master Meter
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Block 1
  • Assessor Parcel Number 112-14-001-A

Community Details

Overview

  • 2 Buildings
  • 30 Units
  • Building Dimensions are IRR
  • East Grier Place Subdivision

Building Details

  • Operating Expense $2,946

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,946

Year Built

Built in 1926

Listing Details

  • Cross Street: 19th Ave and Grant
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: C-2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1926
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: gpci01
  • Co List Office Phone: 602-703-5277
  • Subdivision Name: EAST GRIER PLACE
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 24.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 32.0
  • General Property Description:Covered Parking Spcs: 24.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 32.0
  • Parking:Carport: Yes

Utilities

  • Electric: APS, Master Meter, Individual Meter
  • Cooling: Individual, Wall/Window Unit(s)
  • Heating: Individual, Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Individual: Yes
  • Electric Master Meter: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 112-14-001-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 30
  • Annual Operating Expense: 2946.0

Tax Info

  • Tax Annual Amount: 2946.0
  • Tax Block: 1
  • Tax Book Number: 112.00
  • Tax Lot: NA

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

Closed on
Feb 22, 2019
Sold by
Bought by

Purchase Details

Listed on
Oct 23, 2017
Closed on
Dec 20, 2017
Sold by
Bought by
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Terry Kass
Coldwell Banker Commercial Realty
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
0.0395%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 23, 2017
Closed on
Dec 18, 2017
Sold by
Bought by
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Terry Kass
Coldwell Banker Commercial Realty
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
0.0395%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 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
$325,000
Interest Rate
0.0539%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 27, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Accommodation
-- Great American Title Agency
$1,075,000 Great American Title Agency
-- None Available
$330,000 Arizona Title Agency Inc
$340,000 --
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
Previous Owner $260,000
Previous Owner $325,000
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
01/02/2018 01/02/18 Sold $1,075,000 -2.3% $1,171 / Sq Ft
10/23/2017 10/23/17 For Sale $1,100,000 -- $1,198 / 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 $5,972 $42,044
2024 $5,568 $40,042
2023 $5,568 $225,130 $45,020 $180,110
2022 $5,370 $176,230 $35,240 $140,990
2021 $5,330 $92,520 $18,500 $74,020
2020 $5,391 $96,000 $19,200 $76,800
2019 $5,382 $75,000 $15,000 $60,000
2018 $5,291 $58,770 $11,750 $47,020
2017 $2,946 $54,244 $19,100 $35,144
2016 $2,861 $48,687 $17,140 $31,547
2015 $2,647 $31,566 $11,110 $20,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5677917

Arizona Regional Multiple Listing Service (ARMLS)
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