NOT LISTED FOR SALE

Estimated Value: $333,872 - $821,000

-- Bed
-- Bath
3,128 Sq Ft
$176/Sq Ft Est. Value

Last Sold December 11, 2015

Last sale price $142,000 $45 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $3,030/month

8 Days on Market

Highlights

  • Evaporated cooling system
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

As of December 2015

Great investment opportunity. Income producing. Four units. Each unit offers two bedrooms and 1 bathroom. Contact the co-listing agent for a property tour. An interior inspection is available after contract acceptance. Buyer to verify all facts & figures.

Last Agent to Sell the Property

Brian Gubernick

Keller Williams Realty Phoenix License #SA576658000 Listed on: 11/05/2015

Keller Williams Realty Phoenix

Co-Listed By

Natasha Greenhalgh

NORTH&CO. License #SA567110000

Last Buyer's Agent

Gad Nagar

Altair Realty LLC License #SA640798000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $605

Year Built

  • Built in 1961

Lot Details

  • Additional Parcels

Home Design

  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 4 Parking Spaces
  • Carport

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 16
  • Assessor Parcel Number 114-25-036-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are Unknown
  • Estrella Rancho Subdivision

Building Details

  • Operating Expense $6,358
  • Gross Income $24,900
  • Net Operating Income $14,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$605

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 7th St & Baseline
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2015
  • Directions: From Baseline, N on 7th St, E on Apollo Rd to property address.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwrp003
  • Co List Office Phone: 480-314-4442
  • Subdivision Name: ESTRELLA RANCHO
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit, Carport
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Ceiling Fan(s), Evaporative Cooling
  • Heating: None, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 3451.66

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: Unknown
  • Additional Parcels: Yes
  • Parcel #: 114-25-036-B

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 4
  • Annual Gross Income: 24900.0
  • Insurance Expense: 458.0
  • Maintenance Expense: 1843.65
  • Property Net Operating Income: 14500.0
  • Annual Operating Expense: 6358.31

Tax Info

  • Tax Annual Amount: 605.0
  • Tax Book Number: 114.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2019
Sold by
Netzach Liran
Bought by
Netzach Holdings Llc
Current Estimated Value
$550,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,750
Outstanding Balance
$158,943
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$393,057

Purchase Details

Closed on
Jul 21, 2016
Sold by
Netzach Holdings Llc
Bought by
Netzach Liran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,750
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2015
Closed on
Dec 9, 2015
Sold by
Dominguez Jose G and Dominguez Jan G
Bought by
Netzach Holdings Llc
Seller's Agent
Brian Gubernick
Keller Williams Realty Phoenix
Buyer's Agent
Gad Nagar
Altair Realty LLC
List Price
$144,900
Sold Price
$142,000
Premium/Discount to List
-$2,900
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.88%

Purchase Details

Closed on
Jun 15, 2005
Sold by
Focal Group Llc
Bought by
Williams James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1995
Sold by
Hossa Edward J and Hossa Julie A
Bought by
Abramo Peter Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,781
Interest Rate
8.51%
Mortgage Type
Seller Take Back
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
Netzach Holdings Llc -- Boston National Ttl Agcy Llc
Netzach Liran -- None Available
Netzach Holdings Llc $142,000 Fidelity Natl Title Agency
Williams James $200,000 Camelback Title Agency Llc
Abramo Peter Vincent $70,010 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Netzach Holdings Llc $178,750
Closed Netzach Liran $79,750
Previous Owner Williams James $211,000
Previous Owner Abramo Peter Vincent $16,781
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2015 12/11/15 Sold $142,000 -2.0% $45 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
11/05/2015 11/05/15 For Sale $144,900 -- $46 / 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 $1,443 $9,822 -- --
2024 $1,402 $9,354 -- --
2023 $1,402 $44,710 $8,940 $35,770
2022 $1,374 $31,430 $6,280 $25,150
2021 $1,401 $26,210 $5,240 $20,970
2020 $1,384 $22,270 $4,450 $17,820
2019 $1,339 $19,370 $3,870 $15,500
2018 $1,303 $14,110 $2,820 $11,290
2017 $1,242 $13,310 $2,660 $10,650
2016 $1,181 $11,930 $2,380 $9,550
2015 $1,112 $9,510 $1,900 $7,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5358912

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-25-036B