NOT LISTED FOR SALE

Estimated Value: $511,047 - $624,000

8 Beds
-- Bath
3,261 Sq Ft
$167/Sq Ft Est. Value

Last Sold September 14, 2017

Last sale price $255,000 $78 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,015/month

31 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of September 2017

*No showings. Drive by only* Great 4-plex with paying tenants. All 2 bedroom units. New development all around. Average rent is 610.00. Monthly income is 2440.00.827 Hazel next door is available as well at same price and terms. Buyer to verify all financials, measurements, zoning and all items of concern prior to close of escrow. Multiple buildings/properties in same area for sale with same owner - Seller will carry - 10yr Carry with 15-20% down. Please email me for additional buildings for sale in this same area by this owner

Last Agent to Sell the Property

Michelle Hoogendoorn

Better Homes & Gardens Real Estate SJ Fowler License #SA550923000 Listed on: 06/12/2017

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Rasheia Collins

Venture REI, LLC License #BR563558000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1973

Lot Details

  • 0.4

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Roosevelt Elementary School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 8
  • Assessor Parcel Number 300-76-008-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are 0
  • Country Club Villa Subdivision

Building Details

  • Operating Expense $5,123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,523

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: 7th St and Dobbins
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1973
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Subdivision Name: COUNTRY CLUB VILLA
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • 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:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 0
  • Additional Parcels: No
  • Parcel #: 300-76-008-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Insurance Expense: 1200.0
  • Annual Operating Expense: 5123.0

Tax Info

  • Tax Annual Amount: 1523.0
  • Tax Book Number: 300.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
Zar Capital Llc
Bought by
Fall Zeinabou
Current Estimated Value
$545,012

Purchase Details

Closed on
Apr 4, 2018
Sold by
Fall Zeinabou and Radji Moufid
Bought by
Zar Capital Llc

Purchase Details

Listed on
Jun 12, 2017
Closed on
Aug 18, 2017
Sold by
Kbd&Rr Investments Llc
Bought by
Fall Zeinabou and Radji Moufid
Seller's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Rasheia Collins
Venture REI, LLC
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$191,250
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2017
Sold by
Lynch Rocky M
Bought by
Kbd &I Rr Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2015
Sold by
Lynch Rocky M
Bought by
Kbd&Rr Investments Llc

Purchase Details

Closed on
Mar 13, 2015
Sold by
M & L Southern Hospitality Llc
Bought by
Lynch Rocky M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2010
Sold by
Fitzgerald Glenwood
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 28, 2009
Sold by
Fitzgerald Glenwood
Bought by
Musulin Michael

Purchase Details

Closed on
Jan 3, 2003
Sold by
Nazari Elaheh and Nazari Elehah
Bought by
Fitzgerald Glenwood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2002
Sold by
Frani Norman E
Bought by
Nazari Elehah
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fall Zeinabou -- New Title Company Name
Zar Capital Llc -- New Title Company Name
Zar Capital Llc -- None Available
Fall Zeinabou $255,000 Chicago Title Agency Inc
Kbd &I Rr Investments Llc -- Chicago Title Agency Inc
Kbd&Rr Investments Llc -- None Available
Lynch Rocky M $126,000 Grand Canyon Title Agency In
Federal National Mortgage Association $327,796 First American Title
Musulin Michael $70,000 Stewart Title & Trust Of Pho
Fitzgerald Glenwood $184,000 Stewart Title & Trust
Nazari Elehah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fall Zeinabou $191,250
Previous Owner Lynch Rocky M $94,500
Previous Owner Fitzgerald Glenwood $146,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2017 09/14/17 Sold $255,000 -7.3% $78 / Sq Ft
08/14/2017 08/14/17 Price Changed $275,000 0.0% $84 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $275,000 0.0% $84 / Sq Ft
06/17/2017 06/17/17 Pending -- -- --
06/11/2017 06/11/17 For Sale $275,000 -- $84 / 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 $1,909 $12,662 -- --
2024 $1,807 $12,059 -- --
2023 $1,807 $46,060 $9,210 $36,850
2022 $1,771 $29,530 $5,900 $23,630
2021 $1,807 $27,360 $5,470 $21,890
2020 $1,784 $22,210 $4,440 $17,770
2019 $1,727 $20,380 $4,070 $16,310
2018 $1,680 $16,430 $3,280 $13,150
2017 $1,601 $12,020 $2,400 $9,620
2016 $1,523 $12,670 $2,530 $10,140
2015 $1,434 $10,060 $2,010 $8,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5618650

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-76-008B