NOT LISTED FOR SALE

Estimated Value: $586,928 - $858,000

-- Bed
-- Bath
2,145 Sq Ft
$338/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $129,900 $61 Per Sq Ft

Est. 458% increase in value since last sale

Current estimated payment $3,971/month

139 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of August 2013

Awesome income producing property. Four 1 bedroom/bath units that are in nice condition and well cared for. Their are not many opportunities like this to own a a 4 unit complex that has a terrific cash flow at this price point. This property is centrally located and in great condition. Bring your best offer as this one will not last long. DO NOT DISTURB TENANTS - DRIVE BY ONLY

Last Agent to Sell the Property

Jeff Armor

Fathom Realty License #BR583792000 Listed on: 03/26/2013

Fathom Realty

Last Buyer's Agent

Daleena Popham

True North Realty LLC License #BR575408000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $930

Year Built

  • Built in 1948

Lot Details

  • 0.29

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 40
  • Assessor Parcel Number 155-19-036-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 56.75X225

Building Details

  • Operating Expense $4,012
  • Gross Income $19,896
  • Net Operating Income $16,814

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$930

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: Camelback and 7th St.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1948
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: A
  • 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: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • 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

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1900.0

Lot Info

  • Lot Size: 56.75X225
  • Additional Parcels: No
  • Parcel #: 155-19-036-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 19896.0
  • Insurance Expense: 582.0
  • Property Net Operating Income: 16814.0
  • Annual Operating Expense: 4012.0

Tax Info

  • Tax Annual Amount: 930.0
  • Tax Book Number: 155.00
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2021
Sold by
Tirado Wendy and Fox James Edward
Bought by
Fox James Edward and Tirado Wendy
Current Estimated Value
$724,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,375
Outstanding Balance
$347,245
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$377,737

Purchase Details

Closed on
May 18, 2021
Sold by
Dpax2 Llc
Bought by
Fox Benjamin Jason and Fox James Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,375
Outstanding Balance
$347,245
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$377,737

Purchase Details

Closed on
May 23, 2018
Sold by
Crsc Residential Inc
Bought by
Dpax2 Llc

Purchase Details

Closed on
Feb 6, 2015
Sold by
Myson Properties Inc
Bought by
Crsc Residential Inc

Purchase Details

Listed on
Mar 26, 2013
Closed on
Aug 19, 2013
Sold by
2010 Property Investments Llc
Bought by
Salvati Miguel
Seller's Agent
Jeff Armor
Fathom Realty
Buyer's Agent
Daleena Popham
True North Realty LLC
List Price
$159,900
Sold Price
$129,900
Premium/Discount to List
-$30,000
-18.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.23%

Purchase Details

Closed on
Apr 13, 2012
Sold by
2010 Property Investments Llc
Bought by
2010 Property Investments Llc

Purchase Details

Closed on
Apr 4, 2012
Sold by
Termain Melvin
Bought by
2010 Property Investments Llc

Purchase Details

Closed on
Jun 22, 2011
Sold by
Infinitas Llc
Bought by
Termain Melvin and Termain Jasmine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,100
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2010
Sold by
Ez Lending Llc
Bought by
Infinitas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2010
Sold by
Sarinana Ruben
Bought by
Ez Lending Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2007
Sold by
Sarinana Ruben
Bought by
Sarinana Ruben and Sarinana Nancy

Purchase Details

Closed on
Dec 13, 2005
Sold by
Sarinana Nancy
Bought by
Sarinana Ruben

Purchase Details

Closed on
Sep 23, 2005
Sold by
Mccale James Sean and Mccale Dawn
Bought by
Sarinana Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2004
Sold by
Callis D Michael and Callis Marshal L
Bought by
Mccale James Sean and Mccale Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,600
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2002
Sold by
Franklin Denise
Bought by
Callis D Michael and Callis Marsha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
9.75%
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
Fox James Edward -- Chicago Title Agency
Fox Benjamin Jason $512,500 Chicago Title Agency Inc
Dpax2 Llc $603,500 Pioneer Title Agency Inc
Crsc Residential Inc $138,900 Chicago Title Agency Inc
Salvati Miguel $129,900 American Title Service Agenc
2010 Property Investments Llc -- Accommodation
2010 Property Investments Llc $65,700 American Title Service Agenc
Termain Melvin -- American Title Service Agenc
Termain Melvin -- Driggs Ttile Agency Inc
Infinitas Llc -- None Available
Ez Lending Llc $73,400 None Available
Sarinana Ruben -- None Available
Sarinana Ruben -- Capital Title Agency Inc
Sarinana Ruben $250,000 Capital Title Agency Inc
Mccale James Sean $195,550 Title Partners Of Phoenix Ll
Callis D Michael $102,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Benjamin Jason $384,375
Previous Owner Termain Melvin $56,100
Previous Owner Ez Lending Llc $55,000
Previous Owner Sarinana Ruben $208,000
Previous Owner Mccale James Sean $146,600
Previous Owner Callis D Michael $95,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2013 08/23/13 Sold $129,900 -18.8% $61 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $159,900 -- $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 $1,345 $10,715 -- --
2024 $1,299 $10,205 -- --
2023 $1,299 $45,580 $9,110 $36,470
2022 $1,292 $31,320 $6,260 $25,060
2021 $1,314 $26,610 $5,320 $21,290
2020 $1,281 $22,210 $4,440 $17,770
2019 $1,225 $20,500 $4,100 $16,400
2018 $1,184 $16,030 $3,200 $12,830
2017 $1,087 $16,760 $3,350 $13,410
2016 $1,049 $12,910 $2,580 $10,330
2015 $975 $10,230 $2,040 $8,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4910204

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-19-036A