NOT LISTED FOR SALE

Estimated Value: $625,000 - $743,000

-- Bed
-- Bath
2,140 Sq Ft
$323/Sq Ft Est. Value

Last Sold June 08, 2015

Last sale price $237,725 $111 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $4,045/month

7 Days on Market

Highlights

  • Central Air
  • Emerson Elementary School Rated 9+
  • Heating System Uses Natural Gas

About This Home

As of June 2015

CORONADO HISTORIC DISTRICT TRIPLEX. This is a Must See. Property has been Updated Since Built with New Electrical Panel Boxes, Tile floors, Counter Tops Plumbing Fixtures and More. Each unit with their own laundry and Private Yard. Separate Storage Building. School Across the Street. Super Close to Downtown and Freeways. Really Cool Desert Landscaping. Must See to Appreciate. All Fact and Figures Approximate, Buyer to Verify to Their Satisfaction.

Last Listed By

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 05/22/2015

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,129

Year Built

  • Built in 1950

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Emerson Elementary School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 23 / 7
  • Assessor Parcel Number 117-31-168

Community Details

Overview

  • 3 Units
  • Building Dimensions are 9900
  • Los Olivos Heights Subdivision

Building Details

  • Gross Income $19,380
  • Net Operating Income $13,151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,129

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 7TH ST. & MCDOWELL
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1950
  • Tax Year: 2014
  • Directions: From McDowell, Head North on 7th St. East on Palm Ln. Property is located on North side of street.
  • Road Surface Type: Asphalt, Alley
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: LOS OLIVOS HEIGHTS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 1400.0

Schools

  • Elementary School: Emerson Elementary School
  • High School: North High School

Lot Info

  • Lot Size: 9900
  • Additional Parcels: Yes
  • Parcel #: 117-31-168

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 19380.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 13151.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2129.0
  • Tax Block: 7
  • Tax Book Number: 117.00
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2016
Sold by
Radvick Stephen T and Zugor Barbara A
Bought by
Palm 826 Llc
Total Days on Market
7
Current Estimated Value
$690,569

Purchase Details

Listed on
May 22, 2015
Closed on
Jun 4, 2015
Sold by
Devera Rodel and Antonio Ernell
Bought by
Radvick Zugor Living Trust
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Nicolas Capaz
Monte Vista Realty
List Price
$249,900
Sold Price
$237,725
Premium/Discount to List
-$12,175
-4.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%

Purchase Details

Closed on
Oct 8, 2004
Sold by
Selles Oscar
Bought by
Devera Rodel and Antonio Ernell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 1999
Sold by
Fox Charlie
Bought by
Selles Oscar

Purchase Details

Closed on
Jan 7, 1999
Sold by
Rios Sonia
Bought by
Selles Oscar

Purchase Details

Closed on
Dec 17, 1998
Sold by
White Raymond Gordon and Yvonne White S
Bought by
Fox Charlie and Estate Of Marimyn Stafford

Range of Values:

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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
Palm 826 Llc -- None Available
Radvick Zugor Living Trust $239,900 Dhi Title Agency
Devera Rodel $250,000 Security Title Agency
Selles Oscar $80,300 Nations Title Insurance
Selles Oscar -- Nations Title Insurance
Fox Charlie -- Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Devera Rodel $200,000
Previous Owner Selles Oscar $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2015 06/08/15 Sold $237,725 -4.9% $111 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $249,900 -- $117 / 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 $2,596 $19,410 -- --
2024 $2,570 $18,485 -- --
2023 $2,570 $60,770 $12,150 $48,620
2022 $2,479 $45,580 $9,110 $36,470
2021 $2,461 $41,360 $8,270 $33,090
2020 $2,489 $33,160 $6,630 $26,530
2019 $2,485 $28,880 $5,770 $23,110
2018 $2,442 $22,620 $4,520 $18,100
2017 $2,386 $22,330 $4,460 $17,870
2016 $2,317 $19,780 $3,950 $15,830
2015 $2,144 $20,420 $4,080 $16,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5283939

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-31-168