NOT LISTED FOR SALE

Estimated Value: $358,000 - $492,320

1 Bed
-- Bath
2,088 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2018

Last sale price $190,000 $91 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,895 / mo

16 Days on Market

Highlights

  • Evaporated cooling system
  • Concrete Flooring
  • Individual Controls for Heating
  • Sunnyslope High School Rated A

About This Home

As of January 2018

Gebby Place Apartments is an amazing value add opportunity. All 2 bedroom 1 bath units. All have private yards and washer and dryer hookups to all units. Central air conditioning. All tenants are month to month leases and rents are way below market at 450-500. Tenant pays for gas and electric. All facts and figures are approximate buyer verify MLS information

Last Agent to Sell the Property

Sophia Baron

Real Broker License #BR648866000 Listed on: 12/21/2017

Real Broker

Last Buyer's Agent

Richard Schnakenberg

Richard Schnakenberg License #BR005794000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $913

Year Built

  • Built in 1959

Lot Details

  • 9,409

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Evaporated cooling system
  • Individual Controls for Heating
  • Separate Meters

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 22
  • Assessor Parcel Number 159-40-022

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $6,926
  • Gross Income $20,520
  • Net Operating Income $14,674

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$913

Year Built

Built in 1959

Lot Details

9,409 Sq Ft Lot

Listing Details

  • Cross Street: 7TH ST NORTH FROM
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1959
  • Tax Year: 2016
  • Road Surface Type: Asphalt, Alley
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Individual, Electric, Evaporative Cooling
  • Heating: Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 500.0
  • Annual Water Sewer Expense: 1500.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 159-40-022

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 20520.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 14674.0
  • Annual Operating Expense: 6926.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 913.0
  • Tax Book Number: 159.00
  • Tax Lot: 22

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
Dec 21, 2017
Closed on
Feb 1, 2018
Sold by
Bought by
Seller's Agent
Sophia Baron
Real Broker
Buyer's Agent
Richard Schnakenberg
Richard Schnakenberg
List Price
$215,000
Sold Price
$190,000
Premium/Discount to List
-$25,000
-11.63%
Current Estimated Value
$446,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,107
Avg. Annual Appreciation
10.56%
Original Mortgage
$185,000
Interest Rate
0.0394%
Mortgage Type
Unknown

Purchase Details

Listed on
Dec 21, 2017
Closed on
Jan 29, 2018
Sold by
Bought by
Seller's Agent
Sophia Baron
Real Broker
Buyer's Agent
Richard Schnakenberg
Richard Schnakenberg
List Price
$215,000
Sold Price
$190,000
Premium/Discount to List
-$25,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
0.0394%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 10, 2009
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
$55,000
Interest Rate
0.0531%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 16, 2009
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
$55,000
Interest Rate
0.0531%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 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
$128,250
Interest Rate
0.067%

Purchase Details

Closed on
Oct 13, 1978
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
$185,623 Dhi Title Agency
$190,000 Dhi Title Agency
-- None Available
$55,000 None Available
-- None Available
-- Century Title Agency Inc
-- Chicago Title Insurance Co
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
Open $185,000
Previous Owner $91,400
Previous Owner $55,000
Previous Owner $200,000
Previous Owner $128,250
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
01/31/2018 01/31/18 Sold $190,000 -11.6% $91 / Sq Ft
12/20/2017 12/20/17 For Sale $215,000 -- $103 / 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 -- $12,545
2024 -- $11,948
2023 $0 $30,975 $6,195 $24,780
2022 $0 $22,620 $4,515 $18,105
2021 $0 $17,175 $3,435 $13,740
2020 $0 $23,400 $4,680 $18,720
2019 $0 $23,100 $4,620 $18,480
2018 $0 $11,570 $2,310 $9,260
2017 $913 $10,220 $2,040 $8,180
2016 $896 $9,560 $1,910 $7,650
2015 $830 $7,920 $1,580 $6,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5700672

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-40-022

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