NOT LISTED FOR SALE

Estimated Value: $499,000 - $574,293

-- Bed
-- Bath
2,848 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $275,000 $97 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,966/month

8 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of August 2017

*No showings. Drive by only* Great 4-plex with paying tenants. All 2 bedroom units. New development all around. Monthly income is 2300.00 Buyer to verify all financials, measurements, zoning and all items of concern prior to close of escrow. other buildings/properties in same area for sale with same owner - Seller will carry - 10yr Carry with 15-20% down

Last Agent to Sell the Property

Michelle Hoogendoorn

Better Homes & Gardens Real Estate SJ Fowler License #SA550923000 Listed on: 07/09/2017

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Patrick Russey

Redfin Corporation License #SA664854000

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1985

Lot Details

  • 0.29

Home Design

  • Built-Up Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Maxine O Bush Elementary School
  • South Mountain High Middle School
  • South Mountain High School

Utilities

  • Central Air
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, landscaping
  • Tax Lot 12
  • Assessor Parcel Number 300-76-012

Community Details

Overview

  • 4 Units
  • Building Dimensions are .029 ACRE
  • Country Club Villa Subdivision

Building Details

  • Operating Expense $5,594

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,396

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 7TH ST AND DOBBINS
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Subdivision Name: COUNTRY CLUB VILLA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Built-Up
  • Construction:Block: 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:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Schools

  • Elementary School: Maxine O Bush Elementary School
  • High School: South Mountain High School
  • Middle Or Junior School: South Mountain High School

Lot Info

  • Lot Size: .029 ACRE
  • Additional Parcels: No
  • Parcel #: 300-76-012

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 598.0
  • Annual Operating Expense: 5594.0

Tax Info

  • Tax Annual Amount: 1396.0
  • Tax Book Number: 300.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2017
Closed on
Aug 3, 2017
Sold by
Mcconnell Jessica L and Mcconnell Larry
Bought by
Mcconnell Larry Stephen
Seller's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Patrick Russey
Redfin Corporation
List Price
$298,000
Sold Price
$275,000
Premium/Discount to List
-$23,000
-7.72%
Current Estimated Value
$532,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,823
Avg. Annual Appreciation
8.48%

Purchase Details

Listed on
Dec 4, 2016
Closed on
Dec 22, 2016
Sold by
Sage 1 Llc
Bought by
Vargas Xavier
Seller's Agent
John Gooding
Realty Executives Arizona Territory
Buyer's Agent
David Evans Jr
Realty ONE Group
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.01%
Original Mortgage
$168,750
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2013
Sold by
Riley Sharon
Bought by
Sage 1 Llc

Purchase Details

Closed on
Aug 21, 2008
Sold by
Riley John Douglas
Bought by
Riley Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2008
Sold by
Starr Bradley and Starr Teri
Bought by
Riley Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2006
Sold by
Lierman Amy and Dobbs Isabel
Bought by
Starr Bradley and Starr Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1998
Sold by
Devose Betty Mae Jackson and Devose Betty M
Bought by
Lierman Amy and Dobbs Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.1%
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
Mcconnell Larry Stephen -- Chicago Title Agency Inc
Mcconnell Larry Stephen $275,000 Chicago Title Agency Inc
Vargas Xavier $225,000 First American Title Ins Co
Sage 1 Llc -- None Available
Riley Sharon L -- Chicago Title
Riley Sharon $160,000 Chicago Title
Starr Bradley $255,000 Guaranty Title Agency
Lierman Amy $75,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vargas Xavier $168,750
Previous Owner Riley Sharon L $120,000
Previous Owner Starr Bradley $178,500
Previous Owner Lierman Amy $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2017 08/10/17 Sold $275,000 -7.7% $97 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $298,000 +32.4% $105 / Sq Ft
01/25/2017 01/25/17 Sold $225,000 -4.3% $79 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
12/04/2016 12/04/16 For Sale $235,000 -- $83 / 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 $1,705 $11,608 -- --
2024 $1,657 $11,055 -- --
2023 $1,657 $41,070 $8,210 $32,860
2022 $1,623 $26,320 $5,260 $21,060
2021 $1,656 $24,160 $4,830 $19,330
2020 $1,636 $19,830 $3,960 $15,870
2019 $1,583 $18,430 $3,680 $14,750
2018 $1,541 $14,920 $2,980 $11,940
2017 $1,468 $10,970 $2,190 $8,780
2016 $1,396 $11,510 $2,300 $9,210
2015 $1,314 $9,110 $1,820 $7,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5630766

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-76-012