$275,000
SOLD MAR 31, 2017
-- Bed
-- Bath
892 Sq Ft
7,667 Sq Ft Lot

Recently Sold

$308 Per Sq Ft

8% Below List Price

25 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of March 2017

Welcome to Longview West, AKA Whitton District. Renovated, 2/1 in front has tons of character. Larger guest home w/ separate entrance in back. Front home is 892 sq. ft., w/ new wood floors, fireplace, renovated kitchen w/ SS and gas range, inside laundry. Back unit is @ 483 sq. ft. 1 bed / bath. It has privacy fence & RV gate, laundry. It feels like a separate property. Back unit has sep. elec. and gas meters. Main house has garage currently used as storage but could be converted to livable space. This area is going thru a renaissance as central Phoenix takes off! Just steps to Taco Guild, Urban Beans and a short bike ride to Ocotillo, Switch & everything on Central. Walk to light rail. Grab it now! Front has lease at $1200 till 12/17. Back unit is month to month at $600.

Last Agent to Sell the Property

Patrick Jordan

Coldwell Banker Realty License #SA647004000 Listed on: 02/06/2017

Coldwell Banker Realty

Last Buyer's Agent

Jeffrey Kraemer

LKY Advisors, LLC License #SA645531000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $779

Year Built

  • Built in 1940

Home Design

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

Flooring

  • Wood Flooring

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Covered Space

Schools

  • Longview Elementary School
  • Osborn Middle School
  • North High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 11 / 2
  • Assessor Parcel Number 118-19-029

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 50' X 150.75'
  • Chumbley Place Subdivision

Building Details

  • Operating Expense $3,240
  • Gross Income $20,520
  • Net Operating Income $17,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$779

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: 7th St and Osborn
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2016
  • Directions: North on 7th St, East on Whitton, to address.
  • Road Surface Type: Asphalt
  • Subdivision Name: CHUMBLEY PLACE
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 3.0

Utilities

  • Electric: APS
  • Cooling: Electric, Wall/Window Unit(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:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 1261.0

Schools

  • Elementary School: Longview Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 50' X 150.75'
  • Additional Parcels: No
  • Parcel #: 118-19-029

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 20520.0
  • Insurance Expense: 450.0
  • Maintenance Expense: 750.0
  • Property Net Operating Income: 17280.0
  • Annual Operating Expense: 3240.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 779.0
  • Tax Block: 2
  • Tax Book Number: 118.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Mar 29, 2017
Sold by
Tepe Llc
Bought by
Velez Vanessa
Seller's Agent
Patrick Jordan
Coldwell Banker Realty
Buyer's Agent
Jeffrey Kraemer
LKY Advisors, LLC
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Current Estimated Value
$497,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,978
Avg. Annual Appreciation
7.25%
Original Mortgage
$233,750
Outstanding Balance
$194,658
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$303,320

Purchase Details

Listed on
Sep 11, 2015
Closed on
Dec 18, 2015
Sold by
Jama Horizons Llc
Bought by
Tepe Llc
Seller's Agent
Karen Harrigan
City Property Management Company
Buyer's Agent
Justin Anderson
HomeSmart
List Price
$255,000
Sold Price
$230,000
Premium/Discount to List
-$25,000
-9.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.86%
Original Mortgage
$211,894
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 11, 2015
Closed on
Dec 2, 2015
Sold by
Deeley Peter
Bought by
Jama Horizons Llc
Seller's Agent
Karen Harrigan
City Property Management Company
Buyer's Agent
Justin Anderson
HomeSmart
List Price
$255,000
Sold Price
$230,000
Premium/Discount to List
-$25,000
-9.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,894
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 4, 2013
Closed on
Oct 20, 2013
Sold by
Islam Nasrim
Bought by
Deeley Peter
Seller's Agent
Mohammed Islam
DPR Realty LLC
Buyer's Agent
Marign Mccarthy
My Home Group Real Estate
List Price
$169,900
Sold Price
$175,000
Premium/Discount to List
$5,100
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$100,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2012
Sold by
Rodriguez Yashira
Bought by
Rodriguez Jesus

Purchase Details

Closed on
Jan 9, 2012
Sold by
Islam Mohammed
Bought by
Islam Nasim

Purchase Details

Closed on
Jan 4, 2012
Sold by
Rodriguez Jesus
Bought by
Islam Nasrin

Purchase Details

Closed on
Jan 14, 2004
Sold by
Schoeneck Glenn
Bought by
Bezuyen Glenn and Historic Preservation Land Trust #803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,920
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2004
Sold by
Bezuyen Glenn
Bought by
Rodriguez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,920
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2000
Sold by
Dewey Raymond J
Bought by
Schoeneck Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,510
Interest Rate
8.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 3, 1995
Sold by
Dewey Raymond J
Bought by
Dewey Raymond J and Dewey Mary Alice
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $275,000 Empire West Title Agency
Special Warranty Deed -- None Available
Cash Sale Deed $245,000 Pioneer Title Agency Inc
Warranty Deed $175,000 Empire West Ttile Agency
Interfamily Deed Transfer -- Empire West Title Agency
Interfamily Deed Transfer -- Empire West Title Agency
Cash Sale Deed $46,705 Empire West Title Agency
Warranty Deed -- Security Title Agency
Warranty Deed $118,800 Security Title Agency
Warranty Deed $83,900 Nations Title Insurance
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $233,750 New Conventional
Previous Owner $223,369 Stand Alone Refi Refinance Of Original Loan
Previous Owner $211,894 FHA
Previous Owner $100,000 New Conventional
Previous Owner $210,000 Unknown
Previous Owner $181,432 Unknown
Previous Owner $138,000 Fannie Mae Freddie Mac
Previous Owner $106,920 New Conventional
Previous Owner $75,510 Seller Take Back
Closed $83,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $275,000 0.0% $308 / Sq Ft
03/31/2017 03/31/17 Sold $275,000 -4.8% $200 / Sq Ft
02/23/2017 02/23/17 Price Changed $289,000 0.0% $324 / Sq Ft
02/23/2017 02/23/17 Price Changed $289,000 -3.3% $210 / Sq Ft
02/06/2017 02/06/17 For Sale $299,000 0.0% $335 / Sq Ft
01/09/2017 01/09/17 For Sale $299,000 +30.0% $217 / Sq Ft
12/15/2015 12/15/15 Sold $230,000 -9.8% $258 / Sq Ft
11/17/2015 11/17/15 For Sale $255,000 0.0% $286 / Sq Ft
11/17/2015 11/17/15 Price Changed $255,000 +10.9% $286 / Sq Ft
10/12/2015 10/12/15 Off Market $230,000 -- --
09/11/2015 09/11/15 For Sale $295,000 +68.6% $331 / Sq Ft
11/01/2013 11/01/13 Sold $175,000 +3.0% $127 / Sq Ft
10/04/2013 10/04/13 For Sale $169,900 -- $124 / 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 $877 $7,953 -- --
2024 $845 $7,574 -- --
2023 $845 $32,480 $6,490 $25,990
2022 $841 $23,780 $4,750 $19,030
2021 $866 $19,900 $3,980 $15,920
2020 $842 $18,530 $3,700 $14,830
2019 $803 $16,650 $3,330 $13,320
2018 $774 $16,760 $3,350 $13,410
2017 $704 $12,520 $2,500 $10,020
2016 $779 $11,830 $2,360 $9,470
2015 $632 $8,700 $1,740 $6,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5558430

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-19-029