NOT LISTED FOR SALE

Estimated Value: $614,000 - $728,000

-- Bed
2 Baths
2,803 Sq Ft
$235/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $215,000 $77 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $3,782/month

15 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Franklin at Brimhall Elementary School Rated A
  • Ceiling Fan

About This Home

As of December 2016

Great Investment SELLER IS LOOKING AT ALL OFFERS!!!!! - Unit 1 has 3 bdrms/3ba living room, dining room, kitchen and laundryroom. Unit 2 has 2bdrms/1 ba living room, dining room and kitchen. PRIME LOCATION close to 202 frwy, public transportation and shopping. PLEASE DO NOT DISTURB THE TENANTS ......

Last Listed By

Matt Parker

RE/MAX Professionals License #BR563273000 Listed on: 10/07/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,222

Year Built

  • Built in 1964

Lot Details

  • 9,235

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Wood Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Emerson Elementary School
  • Carson Junior High Middle School
  • Westwood High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 135-17-024-C

Community Details

Overview

  • 2 Units
  • Building Dimensions are 0.19 acres / 8,176 sqft
  • Colonial Manor Subdivision

Building Details

  • Operating Expense $4,857
  • Gross Income $19,200
  • Net Operating Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,222

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: COUNTRY CLUB & UNIVERSITY
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Year Built: 1964
  • Tax Year: 2015
  • Directions: Country Club west to 8th Street property located on the left side of 8th Stree
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2400.0
  • Co List Office Mls Id: rmxi02
  • Co List Office Phone: 623-362-3000
  • Subdivision Name: COLONIAL MANOR
  • Tax Parcel Letter: C
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Brick, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • 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:Other (See Remarks)24: Yes
  • Exterior Amenities:RVBoat Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Schools

  • Elementary School: Emerson Elementary School
  • High School: Westwood High School
  • Middle Or Junior School: Carson Junior High School

Lot Info

  • Lot Size: 0.19 acres / 8,176 sqft
  • Additional Parcels: No
  • Parcel #: 135-17-024-C

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 19200.0
  • Insurance Expense: 1235.0
  • Property Net Operating Income: 18600.0
  • Annual Operating Expense: 4857.0

Tax Info

  • Tax Annual Amount: 1222.0
  • Tax Book Number: 135.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2016
Closed on
Nov 30, 2016
Sold by
Bauer Bradley
Bought by
Douglass Mark T and Douglass Hope L
Seller's Agent
Matt Parker
RE/MAX Professionals
Buyer's Agent
Mark Douglass
Realty Executives
List Price
$209,000
Sold Price
$215,000
Premium/Discount to List
$6,000
2.87%
Total Days on Market
15
Current Estimated Value
$658,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,812
Avg. Annual Appreciation
13.14%
Original Mortgage
$204,232
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2007
Sold by
Bauer Michelle
Bought by
Bauer Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
10.45%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 31, 2005
Sold by
Aurora Loan Services Inc
Bought by
Fannie Mae

Purchase Details

Closed on
Dec 8, 2004
Sold by
Stancill Jason S
Bought by
Aurora Loan Services Inc

Purchase Details

Closed on
Dec 8, 2003
Sold by
Scurtescu Monica
Bought by
Stancill Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2002
Sold by
Taus Romeo
Bought by
Scurtescu Monica

Purchase Details

Closed on
May 10, 2001
Sold by
Scurtescu Doru and Scurtescu Monica Marie
Bought by
Taus Romeo

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
Douglass Mark T $208,000 Great American Title Agency
Bauer Bradley -- First American Title Ins Co
Bauer Bradley $250,000 First American Title Ins Co
Fannie Mae -- --
Aurora Loan Services Inc $269,979 --
Stancill Jason $265,000 Stewart Title & Trust
Scurtescu Monica $174,500 Fidelity National Title
Taus Romeo $120,000 Metro Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglass Mark T $271,600
Closed Douglass Mark T $205,500
Closed Douglass Mark T $204,232
Previous Owner Bauer Bradley $100,000
Previous Owner Bauer Bradley $150,000
Previous Owner Crocker Charles J $155,000
Previous Owner Stancill Jason $251,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $215,000 +2.9% $77 / Sq Ft
10/06/2016 10/06/16 For Sale $209,000 -- $75 / 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 $1,544 $15,734 -- --
2024 $1,557 $14,985 -- --
2023 $1,557 $51,050 $10,210 $40,840
2022 $1,525 $34,220 $6,840 $27,380
2021 $1,544 $30,480 $6,090 $24,390
2020 $1,523 $30,320 $6,060 $24,260
2019 $1,423 $23,980 $4,790 $19,190
2018 $1,366 $22,330 $4,460 $17,870
2017 $1,325 $18,730 $3,740 $14,990
2016 $1,301 $18,350 $3,670 $14,680
2015 $1,222 $15,510 $3,100 $12,410
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5508310

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-17-024C