NOT LISTED FOR SALE

Estimated Value: $645,732 - $901,000

8 Beds
-- Bath
3,328 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $378,500 $114 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,311/month

18 Days on Market

Highlights

  • Cooling Available
  • Community Playground
  • Heating Available
  • Andersen Junior High School Rated A-
  • Ceramic Tile Flooring

About This Home

As of March 2018

Please do not disturb tenants.** Four 2 BR 1 bath units-*** Tenants on one year leases, long term tenants in 2 units*** 3 units have tile flooring, unit 4 has carpet** All units have new kitchens***2 units have new bath tubs***All windows,entry doors and security doors replaced in last 4 years***Most appliances are new***W/d included in unit 2, others have hook-ups inside***New new fence, landscaping and drip system, 3 new water heaters, paint*** Unit 3 has private balcony*** 2 new AC and heat units to be installed this weekend.
Back ont he market.

Last Agent to Sell the Property

Slavica Kaniski

West USA Realty License #SA110363000 Listed on: 02/05/2018

West USA Realty

Last Buyer's Agent

Susan Jordan

Grace Realty Group, LLC License #BR523533000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,258

Year Built

  • Built in 1981

Lot Details

  • 6,186

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Paved Parking

Schools

  • Hartford Sylvia Encinas Elementary School
  • Willis Junior High School
  • Chandler High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 88
  • Assessor Parcel Number 302-49-209

Community Details

Overview

  • 4 Units
  • Building Dimensions are 63x100
  • Holiday Addition Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $4,425
  • Gross Income $37,165
  • Net Operating Income $32,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,258

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Alma School and Ray Rd -
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MF-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2017
  • Directions: East on Ray Rd , about 1/8 mile , on South side of Ray. Parking is behind the buildings - enter from street Jay- then turn right
  • Road Surface Type: Gravel, Dirt, Concrete
  • Subdivision Name: HOLIDAY ADDITION
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: See Remarks, Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Paved Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Play Area

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Trash Expense: 480.0
  • Annual Water Sewer Expense: 800.0

Schools

  • Elementary School: Hartford Sylvia Encinas Elementary
  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Lot Size: 63x100
  • Additional Parcels: No
  • Parcel #: 302-49-209

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 37164.54
  • Insurance Expense: 1087.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 32739.54
  • Annual Operating Expense: 4425.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1258.0
  • Tax Book Number: 302.00
  • Tax Lot: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Feb 28, 2018
Sold by
Benedetto Rocio and Guillen Rocio
Bought by
Barkdoll Properties Llc
Seller's Agent
Slavica Kaniski
West USA Realty
Buyer's Agent
Susan Jordan
Grace Realty Group, LLC
List Price
$400,000
Sold Price
$378,500
Premium/Discount to List
-$21,500
-5.38%
Current Estimated Value
$768,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,183
Avg. Annual Appreciation
9.99%

Purchase Details

Listed on
Feb 22, 2014
Closed on
May 6, 2014
Sold by
Pipero Costantino
Bought by
Guillen Rocio
Seller's Agent
Jack Zupnick
West USA Realty
Buyer's Agent
Slavica Kaniski
West USA Realty
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.77%
Original Mortgage
$186,558
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2012
Sold by
Balance Real Estate Llc
Bought by
Pipero Costantino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2009
Sold by
Gmac Mortgage Llc
Bought by
Balance Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2008
Sold by
Washington Estelleta Holmes and Washington Willis A
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Feb 28, 2005
Sold by
Segel Howard
Bought by
Washington Willis A and Washington Estelletta Holmes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.75%
Mortgage Type
New Conventional
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
Barkdoll Properties Llc $378,500 Security Title Agency Inc
Guillen Rocio $190,000 First Arizona Title Agency
Pipero Costantino $150,000 First American Title Ins Co
Balance Real Estate Llc $117,000 First American Title Ins Co
Gmac Mortgage Llc $232,200 Security Title Agency
Washington Willis A $270,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guillen Rocio $190,526
Previous Owner Guillen Rocio $186,558
Previous Owner Pipero Costantino $147,283
Previous Owner Balance Real Estate Llc $82,000
Previous Owner Washington Willis A $240,000
Previous Owner Washington Willis A $30,000
Previous Owner Washington Willis A $216,000
Closed Washington Willis A $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $378,500 -5.4% $114 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $400,000 0.0% $120 / Sq Ft
02/23/2018 02/23/18 Price Changed $400,000 +2.6% $120 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $390,000 +105.3% $117 / Sq Ft
05/15/2014 05/15/14 Sold $190,000 -5.0% $57 / Sq Ft
03/29/2014 03/29/14 Pending -- -- --
02/22/2014 02/22/14 For Sale $199,900 -- $60 / 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 $1,471 $15,992 -- --
2024 $1,443 $15,230 -- --
2023 $1,443 $51,410 $10,280 $41,130
2022 $1,398 $36,370 $7,270 $29,100
2021 $1,437 $33,480 $6,690 $26,790
2020 $1,429 $30,180 $6,030 $24,150
2019 $1,378 $20,530 $4,100 $16,430
2018 $1,339 $19,910 $3,980 $15,930
2017 $1,258 $16,970 $3,390 $13,580
2016 $1,215 $14,520 $2,900 $11,620
2015 $1,165 $14,270 $2,850 $11,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5719345

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-49-209