S
Seller's Agent in 2020
Steve Lugo, Jr.
Realty One Group
802 E Townley Ave Phoenix, AZ 85020
North Central NeighborhoodEstimated Value: $769,000 - $933,000
6
Beds
--
Bath
3,072
Sq Ft
$278/Sq Ft
Est. Value
Highlights
- Cooling Available
- Sunnyslope High School Rated A
- Heating Available
About This Home
As of October 2020Excellent income investment property, recently remodeled with new A/C units, resulting in little to no annual maintenance. Five total units in two buildings. Building 1 has three two-story townhomes. Building 2 has two single story one bedroom units. Central location with great rentability, easily managed by the owner, who is a full-time licensed general contractor. Selling to use capital to move on to a larger construction project. Tenants are unaware of sale, so please do not disturb. Drive-by only.
Last Agent to Sell the Property
Steve Lugo, Jr.
Realty ONE Group License #SA635484000 Listed on: 07/15/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,952
Year Built
- Built in 1999
Lot Details
- 6,970
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Free Parking
- On-Street Parking
Utilities
- Cooling Available
- Heating Available
- Separate Meters
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer
- Assessor Parcel Number 160-03-057
Community Details
Overview
- 5 Units
- Building Dimensions are 50X140
Building Details
- Operating Expense $8,052
- Gross Income $55,920
- Net Operating Income $47,868
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
Jul 15, 2020
Closed on
Sep 29, 2020
Sold by
Bought by
Seller's Agent
Steve Lugo, Jr.
Realty ONE Group
Buyer's Agent
Erik Kelly
eXp Realty
List Price
$699,900
Sold Price
$615,000
Premium/Discount to List
-$84,900
-12.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,575
Avg. Annual Appreciation
5.94%
Purchase Details
Closed on
Aug 30, 2016
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
$141,304
Interest Rate
3.54%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 22, 2016
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
$141,304
Interest Rate
3.54%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 2, 2009
Sold by
Bought by
Purchase Details
Closed on
Jul 31, 2002
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
$193,950
Interest Rate
7.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 15, 2000
Sold by
Bought by
Purchase Details
Closed on
Oct 15, 1999
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
$100,000
Interest Rate
3.85%
Mortgage Type
Trade
Purchase Details
Closed on
Jul 17, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $615,000 | Old Republic Title Agency | ||
| -- | None Available | ||
| $188,405 | Stewart Title Arizona Agency | ||
| -- | None Available | ||
| $215,500 | Arizona Title Agency Inc | ||
| -- | -- | ||
| $160,000 | Ati Title Agency | ||
| $10,000 | Nations Title Insurance |
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 | $141,304 | ||
| Previous Owner | $193,950 | ||
| Previous Owner | $100,000 |
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 |
|---|---|---|---|---|
| 10/12/2020 10/12/20 | Sold | $615,000 | -12.1% | $200 / Sq Ft |
| 08/12/2020 08/12/20 | Pending | -- | -- | -- |
| 07/15/2020 07/15/20 | For Sale | $699,900 | -- | $228 / 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 | $4,324 | $34,025 | -- | -- |
| 2024 | $6,946 | $53,468 | -- | -- |
| 2023 | $6,946 | $111,452 | $22,287 | $89,165 |
| 2022 | $6,917 | $81,691 | $16,328 | $65,363 |
| 2021 | $7,206 | $79,056 | $15,804 | $63,252 |
| 2020 | $7,026 | $65,736 | $13,140 | $52,596 |
| 2019 | $1,952 | $29,070 | $5,810 | $23,260 |
| 2018 | $1,901 | $25,460 | $5,090 | $20,370 |
| 2017 | $1,892 | $21,150 | $4,230 | $16,920 |
| 2016 | $1,857 | $18,660 | $3,730 | $14,930 |
| 2015 | $1,720 | $15,900 | $3,180 | $12,720 |
Source: Public Records
Agents Affiliated with this Home
-
-
Sarah Lugo
Seller Co-Listing Agent in 2020
Sarah Lugo
Realty One Group
(480) 321-7465
24 Total Sales
-
Erik Kelly
Buyer's Agent in 2020
Erik Kelly
eXp Realty
(480) 229-6699
61 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6103342
APN: 160-03-057
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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