NOT LISTED FOR SALE

Estimated Value: $434,386 - $681,000

-- Bed
-- Bath
2,808 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $185,000 $66 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $3,324/month

44 Days on Market

Highlights

  • Central Air
  • Sunnyslope High School Rated A
  • Heating System Uses Natural Gas

About This Home

As of August 2013

DRIVE BY ONLY. All units have been completely remodeled. New porcelain tile installed on all main area floors. 3 out of the 4 have travertine showers and the fourth has porcelain tile. Granite counter tops in two units. All the units have new cabinets, appliances, copper pipping,new texture,new interior paint,new light & plumbing fixtures,new a/c units, new tankless gas rinnai hot water heaters. The building had a new roof installed with a 10 year transferable warranty with fascia board and drip edge installed at the same time. Each unit has a spacious two bedrooms and one bath with a individual storage room.The mature landscaping and close proximity to the community center make this fourplex a great investment opportunity.Keep in mind the seller is in the process of painting the exterior

Last Agent to Sell the Property

Joe Best

Gentry Real Estate License #SA551259000 Listed on: 06/12/2013

Gentry Real Estate

Co-Listed By

Andrea Merican

My Home Group Real Estate License #BR586117000

Last Buyer's Agent

Pamm Seago-Peterlin

Century 21 Seago License #SA021333000

Century 21 Seago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $856

Year Built

  • Built in 1963

Lot Details

  • Additional Parcels

Home Design

  • Block Exterior

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Sunnyslope Elementary School
  • Royal Palm Middle School
  • Sunnyslope High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 12
  • Assessor Parcel Number 159-37-049

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7599
  • Hillmount Square Subdivision

Building Details

  • Operating Expense $4,396
  • Net Operating Income $20,804

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$856

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 7th St and Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2012
  • Directions: N TO HATCHER EAST TO 8TH ST N TO PURDUE THEN EAST.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril01
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: HILLMOUNT SQUARE
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • 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:Carport: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Individual, Heat Pump
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2100.0

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Lot Size: 7599
  • Additional Parcels: Yes
  • Parcel #: 159-37-049

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Insurance Expense: 960.0
  • Property Net Operating Income: 20804.0
  • Annual Operating Expense: 4396.0

Tax Info

  • Tax Annual Amount: 856.0
  • Tax Book Number: 159.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2020
Sold by
Hoch Matthew
Bought by
Hillmount East Llc
Current Estimated Value
$607,847

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jul 26, 2013
Sold by
Turn Key Holdings Llc
Bought by
Hoch Matthew J
Seller's Agent
Joe Best
Gentry Real Estate
Buyer's Agent
Pamm Seago-Peterlin
Century 21 Seago
List Price
$220,000
Sold Price
$185,000
Premium/Discount to List
-$35,000
-15.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$124,500
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2013
Sold by
Mcdonald Robert
Bought by
Turn Key Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2012
Closed on
Oct 2, 2012
Sold by
Leisz Lawrence J
Bought by
Mcdonald Robert
Seller's Agent
Royal Kay
HomeSmart
Buyer's Agent
Royal Kay
HomeSmart
List Price
$80,000
Sold Price
$100,000
Premium/Discount to List
$20,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.68%
Original Mortgage
$80,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 24, 2012
Closed on
Sep 21, 2012
Sold by
Best Russell J
Bought by
Leisz Lawrence J
Seller's Agent
Royal Kay
HomeSmart
Buyer's Agent
Royal Kay
HomeSmart
List Price
$80,000
Sold Price
$100,000
Premium/Discount to List
$20,000
25%

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
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2010
Sold by
Best Russel and Arballo Kim
Bought by
Best Russell J

Purchase Details

Closed on
Jul 30, 2008
Sold by
Leisz Lawrence J
Bought by
Best Russell and Arballo Kim

Purchase Details

Closed on
Nov 8, 2005
Sold by
Leisz Jennifer
Bought by
Leisz Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 21, 2004
Sold by
Terzich Steve
Bought by
Terzich Ida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 1996
Sold by
Gherman Dumitru J and Gherman Lidia
Bought by
Coca Ioan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,301
Interest Rate
7.8%
Mortgage Type
FHA
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
Hillmount East Llc -- None Available
Hoch Matthew J $185,000 Clear Title Agency Of Arizon
Turn Key Holdings Llc -- None Available
Mcdonald Robert $100,000 First American Title Ins Co
Leisz Lawrence J -- First American Title Ins Co
Leisz Lawrence J -- First American Title Ins Co
Best Russell J -- None Available
Best Russell -- Chicago Title
Leisz Lawrence J -- Chicago Title Insurance Co
Leisz Lawrence J $280,000 Chicago Title Insurance Co
Terzich Ida -- Arizona Title Agency Inc
Terzich Ida $240,000 Arizona Title Agency Inc
Coca Ioan $77,500 Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoch Matthew J $124,500
Previous Owner Mcdonald Robert $80,000
Previous Owner Leisz Lawrence J $210,000
Previous Owner Terzich Ida $154,000
Previous Owner Coca Ioan $77,301
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $185,000 -15.9% $66 / Sq Ft
07/26/2013 07/26/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $220,000 +120.0% $78 / Sq Ft
10/10/2012 10/10/12 Sold $100,000 +25.0% $142 / Sq Ft
04/24/2012 04/24/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $80,000 -- $114 / 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 $1,214 $9,929 -- --
2024 $1,192 $9,456 -- --
2023 $1,192 $42,260 $8,450 $33,810
2022 $1,153 $28,700 $5,740 $22,960
2021 $1,168 $23,250 $4,650 $18,600
2020 $1,139 $20,270 $4,050 $16,220
2019 $1,118 $18,310 $3,660 $14,650
2018 $1,089 $13,880 $2,770 $11,110
2017 $1,083 $12,470 $2,490 $9,980
2016 $1,064 $11,380 $2,270 $9,110
2015 $985 $9,820 $1,960 $7,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4951344

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-37-049