$319,888
SOLD MAY 14, 2020
-- Bed
-- Bath
3,656 Sq Ft
8,886 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

5 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Community Playground

About This Home

As of August 2021

Do Not Disturb Occupants! Drive by Only! Full Occupied 4 plex. Garage Parking &Open parking spaces for tenants. Some units include Fireplace. Large grassy are for children to play. Laundry onsite in the building tenants use. Property is within walking distance to bus stop on Northern, as well as grocery &shopping services nearby. Conveniently located within one mile of I-17.

Last Agent to Sell the Property

Candy Jenkins

Coldwell Banker Realty License #SA628254000 Listed on: 04/13/2020

Coldwell Banker Realty

Co-Listed By

Donna Hunter

Coldwell Banker Realty License #SA579437000

Last Buyer's Agent

Shelsi Guthrie

Real Broker License #BR532488000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,051

Year Built

  • Built in 1974

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • On-Street Parking

Schools

  • Alta Vista Elementary School
  • Palo Verde Middle School
  • Cortez High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 35
  • Assessor Parcel Number 150-09-902

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8899
  • Northern Lanai Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $2,051
  • Net Operating Income $11,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,051

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 35th Ave & Northern Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: M-H / R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2019
  • Directions: East on Northern from 35th Ave to 33rd Ave, Left on 33rd Ave, Left on Harmont Dr which you can veer right onto 33rd drive.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Co List Office Mls Id: cbrb07
  • Co List Office Phone: 480-291-1600
  • Subdivision Name: NORTHERN LANAI
  • Garage Yn: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Community Features Play Area: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Other (See Remarks), None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Other, 1 Space/Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Garage: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Heat Pump, Individual
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, Play Area

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Elementary School: Alta Vista Elementary School
  • High School: Cortez High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Palo Verde School

Lot Info

  • Lot Size: 8899
  • Additional Parcels: No
  • Parcel #: 150-09-902

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Property Net Operating Income: 11000.0
  • Annual Operating Expense: 2051.0
  • Vacancy Allowance Rate: 0.08

Tax Info

  • Tax Annual Amount: 2051.0
  • Tax Book Number: 150.00
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Aug 6, 2021
Sold by
Gupta Mohit and Gupta Alka
Bought by
Mendes Anthnony Peter and Mendes Bianca
Seller's Agent
Manuel Cerdhe
Mi Casa Property Management
Buyer's Agent
Russell Harris
RETSY
List Price
$588,888
Sold Price
$580,000
Premium/Discount to List
-$8,888
-1.51%
Current Estimated Value
$656,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,502
Avg. Annual Appreciation
5.66%
Original Mortgage
$435,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2020
Closed on
Apr 30, 2020
Sold by
Equity Trust Company
Bought by
Gupta Mohit and Gupta Alka
Seller's Agent
Candy Jenkins
Coldwell Banker Realty
Buyer's Agent
Shelsi Guthrie
Real Broker
List Price
$319,000
Sold Price
$319,888
Premium/Discount to List
$888
0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.59%

Purchase Details

Listed on
Jul 19, 2012
Closed on
Aug 6, 2012
Sold by
Caliber Auction Homes Llc
Bought by
Equity Trust Co
Seller's Agent
Jennifer Schrader
Caliber Realty Group, LLC
Buyer's Agent
Donald (Zach) Fuller
Caliber Realty Group, LLC
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
Apr 17, 2012
Sold by
Loeffler John C
Bought by
Caliber Auction Homes Llc

Purchase Details

Closed on
Apr 9, 2012
Sold by
Fernandes Verden
Bought by
Fernandes Hilda

Purchase Details

Closed on
Apr 4, 2012
Sold by
Fernandes Hilda D
Bought by
Loeffler John C

Purchase Details

Closed on
Jan 8, 2009
Sold by
Fernandes Verden V and Fernandes Hilda D
Bought by
Fernandes Hilda D

Purchase Details

Closed on
Feb 5, 2006
Sold by
Fernandes Hilda D and Fernandes Trevor R
Bought by
Fernandes Family Revocable Living Trust

Purchase Details

Closed on
Nov 12, 2003
Sold by
Hatcu Tudor and Hatcu Teodora
Bought by
Fernandes Hilda D and Fernandes Trevor R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2003
Sold by
Fernandes Verden W
Bought by
Fernandes Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 1997
Sold by
Tremose Michael F
Bought by
Hatcu Tudor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.75%
Mortgage Type
New Conventional
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

Date Type Sale Price Title Company
Warranty Deed $580,000 Old Republic Title Agency
Warranty Deed $319,888 Old Republic Title Agency
Cash Sale Deed $210,000 Pioneer Title Agency Inc
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Cash Sale Deed $102,500 Pioneer Title Agency Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $265,000 Security Title Agency
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $149,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $574,000 New Conventional
Closed $435,000 New Conventional
Closed $435,000 New Conventional
Previous Owner $223,921 New Conventional
Previous Owner $212,000 New Conventional
Previous Owner $130,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $580,000 -1.5% $159 / Sq Ft
07/31/2021 07/31/21 For Sale $588,888 0.0% $161 / Sq Ft
07/31/2021 07/31/21 Price Changed $588,888 0.0% $161 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/20/2021 06/20/21 For Sale $588,888 +84.1% $161 / Sq Ft
05/14/2020 05/14/20 Sold $319,888 +0.3% $87 / Sq Ft
05/11/2020 05/11/20 Price Changed $319,000 0.0% $87 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $319,000 +51.9% $87 / Sq Ft
09/07/2012 09/07/12 Sold $210,000 -2.3% $57 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $215,000 -- $59 / 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 $2,227 $18,212 -- --
2024 $2,187 $17,344 -- --
2023 $2,187 $43,000 $8,600 $34,400
2022 $2,116 $31,070 $6,210 $24,860
2021 $2,143 $29,430 $5,880 $23,550
2020 $2,089 $28,000 $5,600 $22,400
2019 $2,051 $23,210 $4,640 $18,570
2018 $1,998 $21,100 $4,220 $16,880
2017 $1,987 $18,300 $3,660 $14,640
2016 $1,951 $16,410 $3,280 $13,130
2015 $1,807 $16,450 $3,290 $13,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6065961

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-09-902