NOT LISTED FOR SALE

819 W 3rd St Tempe, AZ 85281

Downtown Tempe Neighborhood

Estimated Value: $770,000 - $873,000

1 Bed
-- Bath
2,080 Sq Ft
$386/Sq Ft Est. Value

Last Sold June 23, 2015

Last sale price $225,000 $108 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $4,372/month

324 Days on Market

About This Home

As of June 2015

Short Sale opportunity. 4 plex with 4-1 bedroom, 1 bath units. drive by only. Please do not disturb the tenants.

Last Agent to Sell the Property

Randall Becker

Realty ONE Group License #SA564652000 Listed on: 06/13/2014

Last Buyer's Agent

Natan Jacobs

Vestis Group License #BR525576000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,168

Year Built

  • Built in 1963

Lot Details

  • 7,841

Home Design

  • Built-Up Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for sewer
  • The owner pays for water, landscaping
  • Tax Lot 6
  • Assessor Parcel Number 124-31-095

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7837
  • Monterrey Village Subdivision

Building Details

  • Operating Expense $2,956
  • Net Operating Income $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,168

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Hardy & University
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2013
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: Monterrey Village
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 90.0
  • Annual Water Sewer Expense: 90.0

Lot Info

  • Lot Size: 7837
  • Additional Parcels: No
  • Parcel #: 124-31-095

Multi Family

  • Owner Pays: Water, Landscaping
  • Tenant Pays: Sewer
  • Number Of Units Total: 4
  • Electric Expense: 360.0
  • Insurance Expense: 1168.24
  • Property Net Operating Income: 800.0
  • Annual Operating Expense: 2956.48
  • Vacancy Allowance Rate: 0.5

Tax Info

  • Tax Annual Amount: 1168.24
  • Tax Book Number: 124.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2015
Sold by
Jcs Partners Llc
Bought by
819 West Third Street Llc
Current Estimated Value
$803,095

Purchase Details

Listed on
Jun 13, 2014
Closed on
Jun 18, 2015
Sold by
Kramer Raymond D and Kramer Anthonette C
Bought by
Jcs Partners Llc
Seller's Agent
Randall Becker
Realty ONE Group
Buyer's Agent
Natan Jacobs
Vestis Group
List Price
$160,000
Sold Price
$225,000
Premium/Discount to List
$65,000
40.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%
Original Mortgage
$222,750
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2005
Sold by
Kramer Raymond D
Bought by
819 3Rd Street Llc

Purchase Details

Closed on
May 23, 2005
Sold by
Kramer Anthonette C
Bought by
819 3Rd St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
3.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 22, 2005
Sold by
Sylvan Partners Llc
Bought by
Kramer Raymond D and Kramer Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
3.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 5, 2002
Sold by
Myslis Bruce B and Dombrowski Marlene M
Bought by
Sylvan Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.78%

Purchase Details

Closed on
Apr 8, 2002
Sold by
Sylvan Partners Llc
Bought by
Myslis Bruce B and Dombrowski Marlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.78%

Purchase Details

Closed on
Jun 14, 2001
Sold by
Myslis Bruce B and Sorensen Marlene M
Bought by
Sylvan Partners Llc

Purchase Details

Closed on
Dec 26, 2000
Sold by
Jacobsen Myrtle Grace
Bought by
Myslis Bruce B and Sorensen Marlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 1998
Sold by
Jacobsen Andrew Boone and Jacobsen Myrtle Grace
Bought by
Jacobsen Andrew Boon and Jacobsen Myrtle Grace
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
819 West Third Street Llc -- None Available
Jcs Partners Llc $225,000 Grand Canyon Title Agency
Kramer Raymond D -- Grand Canyon Title Agency
819 3Rd Street Llc -- --
819 3Rd St Llc -- --
Kramer Raymond D $315,000 Sunstate Title Agency Llc
Sylvan Partners Llc -- --
Myslis Bruce B -- Lawyers Title Of Arizona Inc
Sylvan Partners Llc -- --
Myslis Bruce B $160,000 Lawyers Title Of Arizona Inc
Jacobsen Andrew Boon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jcs Partners Llc $222,750
Previous Owner Kramer Raymond D $60,000
Previous Owner Kramer Raymond D $283,500
Previous Owner Myslis Bruce B $156,000
Previous Owner Myslis Bruce B $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2015 06/23/15 Sold $225,000 +40.6% $108 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
05/26/2014 05/26/14 For Sale $160,000 -- $77 / 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 $1,828 $15,252 -- --
2024 $1,688 $14,526 -- --
2023 $1,688 $68,560 $13,710 $54,850
2022 $1,619 $52,250 $10,450 $41,800
2021 $1,630 $45,310 $9,060 $36,250
2020 $1,581 $36,010 $7,200 $28,810
2019 $1,551 $27,770 $5,550 $22,220
2018 $1,512 $20,650 $4,130 $16,520
2017 $1,467 $19,860 $3,970 $15,890
2016 $1,457 $18,580 $3,710 $14,870
2015 $1,399 $15,980 $3,190 $12,790
Source: Public Records

Agents Affiliated with this Home

  • Randall Becker

    Seller's Agent in 2015

    Randall Becker

    Realty One Group

    (602) 910-7595

    34 Total Sales

    Randall Becker
    Section Image
  • Natan Jacobs

    Buyer's Agent in 2015

    Natan Jacobs

    Vestis Group

    (480) 440-4403

    30 Total Sales

    Natan Jacobs
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5130311

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-31-095

Arizona Maricopa County Tempe 85281 Downtown Tempe

819 W 3rd St, Tempe, AZ

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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