NOT LISTED FOR SALE

Estimated Value: $410,000 - $642,000

5 Beds
-- Bath
1,948 Sq Ft
$253/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $175,000 $90 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $2,833/month

1 Day on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of May 2017

Instant cash-flow, tenants in 2 bedroom month to month is willing to stay or will move. 3 bedroom leased through
Aug.2017. Duplex has a 3 bed, 1.5 bath at $850/month and a 2 bed, 1 bath
at $700/month. Ideal for owner occupied and rent the other side or great investment property.
Parking for up to 5 vehicles (2 covered). Separate private patios and storage sheds. Roof recently
replaced, both water heaters are new, dual-pane windows in front unit. Low maintenance landscaping
and front yard is fenced. Good bones and slump-block construction. Located off the western slope of
North Mountain Preserve. Convenient to 51 & I-17 freeways, Palma & Norton Hatcher Parks, hiking & bike
trails, Biltmore & downtown Phoenix, ASU West, shopping & restaurants. Great central location

Last Agent to Sell the Property

Debra Lee

Realty Executives Arizona Territory License #BR008275000 Listed on: 04/26/2017

Realty Executives Arizona Territory

Co-Listed By

James Lee

Fathom Realty Elite License #SA532899000

Last Buyer's Agent

Andrew Tate

Keller Williams Arizona Realty License #BR038343000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1958

Lot Details

  • Property fronts an alley

Home Design

  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces
  • Carport
  • Free Parking
  • Paved Parking

Schools

  • Desert View Elementary School
  • Royal Palm Middle School
  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 281
  • Assessor Parcel Number 160-04-156

Community Details

Overview

  • 2 Units
  • Building Dimensions are 5897
  • Skyline Vista 6 Subdivision

Building Details

  • Operating Expense $4,348
  • Net Operating Income $17,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,178

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: NORTHERN & 7TH STREET
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: DUPLEX
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2016
  • Directions: From Northern go north on 7th street to Alice Ave, turn east to the property on the south side of the street.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Co List Office Mls Id: reax09
  • Co List Office Phone: 480-948-9450
  • Subdivision Name: SKYLINE VISTA 6
  • Roofing:Composition: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Free, Add'l Parking Avail, 1 Space/Unit, <1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 1560.0

Schools

  • Elementary School: Desert View Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Lot Size: 5897
  • Additional Parcels: No
  • Parcel #: 160-04-156

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Insurance Expense: 360.0
  • Maintenance Expense: 750.0
  • Property Net Operating Income: 17670.0
  • Annual Operating Expense: 4348.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1178.0
  • Tax Book Number: 160.00
  • Tax Lot: 281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Leiser Holdings Llc
Bought by
Gotham Llc
Current Estimated Value
$492,760

Purchase Details

Closed on
Jun 24, 2021
Sold by
Triple E Real Estate Llc
Bought by
Leiser Holdings Llc

Purchase Details

Listed on
Apr 26, 2017
Closed on
May 4, 2017
Sold by
Boone Daniel Arthur
Bought by
Triple E Real Estate Llc
Seller's Agent
Debra Lee
Realty Executives Arizona Territory
Buyer's Agent
Andrew Tate
Keller Williams Arizona Realty
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%

Purchase Details

Closed on
May 30, 2014
Sold by
Ivey Floy M
Bought by
Boone Daniel Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,182
Interest Rate
4.23%
Mortgage Type
VA

Purchase Details

Closed on
Apr 23, 2003
Sold by
Deloach Richard L
Bought by
Ivey Floy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1998
Sold by
Wiles William Alan
Bought by
Deloach Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,458
Interest Rate
7.06%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Gotham Llc $370,000 Security Title
Leiser Holdings Llc $270,000 Security Title Agency Inc
Triple E Real Estate Llc $175,000 Security Title Agency Inc
Boone Daniel Arthur $148,000 Great American Title Agency
Ivey Floy M $130,000 North American Title Co
Deloach Richard L $77,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boone Daniel Arthur $151,024
Previous Owner Boone Daniel Arthur $151,182
Previous Owner Ivey Floy M $117,000
Previous Owner Deloach Richard L $79,458
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $175,000 -12.5% $90 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $200,000 -- $103 / 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 $1,344 $10,993 -- --
2024 $1,320 $10,470 -- --
2023 $1,320 $33,050 $6,610 $26,440
2022 $1,277 $22,160 $4,430 $17,730
2021 $1,293 $20,800 $4,160 $16,640
2020 $1,261 $19,370 $3,870 $15,500
2019 $1,238 $17,530 $3,500 $14,030
2018 $1,206 $13,460 $2,690 $10,770
2017 $1,200 $11,670 $2,330 $9,340
2016 $1,178 $11,510 $2,300 $9,210
2015 $1,091 $10,150 $2,030 $8,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5595945

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-04-156