NOT LISTED FOR SALE

Estimated Value: $330,000 - $484,000

-- Bed
-- Bath
1,629 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $302,000 $185 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,094/month

6 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of September 2021

Unbeatable Price Fully rented duplex. Each unit is a 2/1 and rented out for $850/month and tenants pay the utilities and the property has very low overhead. Units fill very quickly.
the front unit is vacant. Great property in the city with a large lot that runs from the street to the alley.

Last Agent to Sell the Property

Ivan Mendoza

HomeSmart License #SA580730000 Listed on: 08/04/2021

HomeSmart

Last Buyer's Agent

Stephanie Pieper

eXp Realty License #SA578108000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $624

Year Built

  • Built in 1936

Lot Details

  • 6,403

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • J B Sutton Elementary School
  • Carl T. Smith Middle School
  • Carl Hayden High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Tax Lot 3
  • Assessor Parcel Number 109-20-170-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6,417
  • North Willow Extension Subdivision

Building Details

  • Operating Expense $3,144
  • Gross Income $999,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$624

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Cross Street: 27th & Roosevelt st.
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1936
  • Tax Year: 2020
  • Directions: Exit i-10 at 27th ave, south on 27th ave, property on right just south of Garfield St.
  • Road Surface Type: Gravel
  • Subdivision Name: NORTH WILLOW EXTENSION
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: J B Sutton Elementary School
  • High School: Carl Hayden High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Carl T. Smith Middle School

Lot Info

  • Lot Size: 6,417
  • Additional Parcels: No
  • Parcel #: 109-20-170-A

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Electric Expense: 1500.0
  • Annual Gross Income: 999600.0
  • Insurance Expense: 540.0
  • Annual Operating Expense: 3144.0
  • Vacancy Allowance Rate: 50.0

Tax Info

  • Tax Annual Amount: 624.0
  • Tax Book Number: 109.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Sep 3, 2021
Sold by
Barraza Efrain Pena
Bought by
Allen Christopher and Allen Taylor
Seller's Agent
Ivan Mendoza
HomeSmart
Buyer's Agent
Stephanie Pieper
eXp Realty
List Price
$296,900
Sold Price
$302,000
Premium/Discount to List
$5,100
1.72%
Current Estimated Value
$382,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,689
Avg. Annual Appreciation
6.04%
Original Mortgage
$302,000
Outstanding Balance
$274,798
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$107,891

Purchase Details

Closed on
Jul 17, 2019
Sold by
Rodriguez Mario Lopez
Bought by
Barraza Efrain Pena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2018
Sold by
Wente Investments Llc
Bought by
Rodriguez Mario Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 2006
Sold by
Wente Kevin A and Wente Dorothy
Bought by
Wente Ivnestments Llc

Purchase Details

Closed on
Oct 23, 2000
Sold by
Us Bank National Assn
Bought by
Wente Kevin A and Wente Dorothy J

Purchase Details

Closed on
May 8, 2000
Sold by
Alejandro Jesus F
Bought by
U S Bank National Assn and Eqcc Home Equity Loan Trust

Purchase Details

Closed on
Mar 26, 1999
Sold by
Maciel Victor and Maciel Juana
Bought by
Alejandro Jesus F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 1998
Sold by
Galan Dan Bermea
Bought by
Maciel Victor and Maciel Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,541
Interest Rate
7.13%

Purchase Details

Closed on
Oct 6, 1997
Sold by
Realty Asset Properties Ltd
Bought by
Galan Dan Bermea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,873
Interest Rate
7.49%
Mortgage Type
Seller Take Back
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
Allen Christopher $302,000 Security Title Agency Inc
Barraza Efrain Pena $145,000 Security Title Agency
Rodriguez Mario Lopez $74,000 Grand Canyon Title Agency
Wente Ivnestments Llc -- --
Wente Kevin A $16,000 Nations Title Insurance
U S Bank National Assn $36,109 --
Alejandro Jesus F $40,000 Chicago Title Insurance Co
Maciel Victor -- --
Galan Dan Bermea $24,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Christopher $302,000
Previous Owner Barraza Efrain Pena $135,000
Previous Owner Rodriguez Mario Lopez $80,000
Previous Owner Alejandro Jesus F $34,000
Previous Owner Maciel Victor $22,541
Previous Owner Galan Dan Bermea $22,873
Closed Alejandro Jesus F $4,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2021 09/23/21 Sold $302,000 0.0% $185 / Sq Ft
08/19/2021 08/19/21 Price Changed $302,000 +1.7% $185 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $296,900 -- $182 / 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 $685 $4,182 -- --
2024 $668 $3,983 -- --
2023 $668 $22,050 $4,410 $17,640
2022 $637 $14,950 $2,990 $11,960
2021 $635 $13,430 $2,680 $10,750
2020 $624 $11,250 $2,250 $9,000
2019 $613 $9,530 $1,900 $7,630
2018 $614 $7,820 $1,560 $6,260
2017 $610 $7,200 $1,440 $5,760
2016 $591 $5,360 $1,070 $4,290
2015 $547 $4,170 $830 $3,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6273861

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-20-170A