NOT LISTED FOR SALE

Estimated Value: $477,327 - $577,000

Studio
-- Bath
2,463 Sq Ft
$212/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $299,500 $122 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,831/month

126 Days on Market

About This Home

As of April 2019

All two bedroom, 1 bath units. All block units with washer/dryers and fenced yards. Tenants pay ALL utilities! Rented at 800, 700, 700. AGAIN, tenants pay all utilities which include electricity, water, sewer, trash, and gas. Roof 10 years old, new sewer line installed in last 10 years.

Last Agent to Sell the Property

Jon Dzwonkoski

Greater Phoenix Management License #BR643387000 Listed on: 11/09/2018

Co-Listed By

Angela Lopez

Realty ONE Group License #SA650688000

Last Buyer's Agent

Carlos Alvarez

Arizona Elite Properties License #BR507936000

Arizona Elite Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $999

Year Built

  • Built in 1961

Lot Details

  • 9,060

Home Design

  • Wood Frame Construction

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • On-Street Parking

Utilities

  • Cooling Available

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
  • The owner pays for landscaping
  • Tax Lot 5
  • Assessor Parcel Number 137-06-062

Community Details

Overview

  • 3 Units
  • Building Dimensions are unknown
  • Mumford Park Subdivision

Building Details

  • Operating Expense $5,409
  • Gross Income $23,940
  • Net Operating Income $20,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$999

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: stapley and university
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: r3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1500.0
  • Co List Office Mls Id: gphm01
  • Co List Office Phone: 602-471-9397
  • Subdivision Name: MUMFORD PARK
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Frame - Wood
  • Roof: See Remarks
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: >1 Space Per Unit, 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling Y N: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: unknown
  • Additional Parcels: No
  • Parcel #: 137-06-062

Multi Family

  • Owner Pays: Other, Landscaping
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 23940.0
  • Insurance Expense: 600.0
  • Maintenance Expense: 2160.0
  • Property Net Operating Income: 20670.0
  • Annual Operating Expense: 5409.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 999.0
  • Tax Book Number: 137.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
Donoza Laura and Rojo Jose Donoza
Bought by
Rojo Jose Donoza
Current Estimated Value
$523,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Outstanding Balance
$199,784
Interest Rate
2.98%
Estimated Equity
$323,548

Purchase Details

Listed on
Nov 9, 2018
Closed on
May 19, 2019
Sold by
Galvan Maravillas Alejandra F and Donoza Ricardo
Bought by
Donoza Ricardo
Seller's Agent
Jon Dzwonkoski
Greater Phoenix Management
Buyer's Agent
Carlos Alvarez
Arizona Elite Properties
List Price
$299,500
Sold Price
$299,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$216,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2018
Closed on
May 16, 2019
Sold by
Kitale 831 Llc
Bought by
Donoza Ricardo
Seller's Agent
Jon Dzwonkoski
Greater Phoenix Management
Buyer's Agent
Carlos Alvarez
Arizona Elite Properties
List Price
$299,500
Sold Price
$299,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2015
Sold by
Ruiru Catherine
Bought by
Kitale 831 Llc

Purchase Details

Closed on
Sep 2, 2014
Sold by
Nugent Mark and Ruiru Catherine
Bought by
Ruiru Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,625
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2014
Sold by
831 5Th Street Llc
Bought by
Ruiru Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,625
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2008
Sold by
Duckro Richard E and Duckro Kerry K
Bought by
831 5Th Street Llc

Purchase Details

Closed on
Mar 18, 2005
Sold by
Duckro Richard E
Bought by
Duckro Richard E and Duckro Kerry K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,100
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2000
Sold by
Gordon William E
Bought by
Duckro Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 18, 1999
Sold by
Gordon Paula J
Bought by
Gordon William E
Source: Public Records
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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
Rojo Jose Donoza -- Accommodation
Donoza Ricardo -- Accommodation
Donoza Ricardo -- First Arizona Title Agency
Donoza Ricardo $299,500 First Arizona Title Agency
Kitale 831 Llc -- None Available
Ruiru Catherine -- Clear Title Agency
Ruiru Catherine $167,500 Clear Title Agency
831 5Th Street Llc -- None Available
Duckro Richard E -- Transnation Title
Duckro Richard E $137,500 Lawyers Title Of Arizona Inc
Gordon William E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donoza Ricardo $217,600
Closed Rojo Jose Donoza $217,600
Closed Donoza Ricardo $216,750
Previous Owner Ruiru Catherine $125,625
Previous Owner Ruiru Catherine $125,625
Previous Owner Duckro Richard E $92,100
Previous Owner Duckro Richard E $110,000
Closed Duckro Richard E $13,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $299,500 0.0% $122 / Sq Ft
03/17/2019 03/17/19 For Sale $299,500 0.0% $122 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
02/15/2019 02/15/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $299,500 0.0% $122 / Sq Ft
02/13/2019 02/13/19 Price Changed $299,500 0.0% $122 / Sq Ft
01/13/2019 01/13/19 Off Market $299,500 -- --
12/13/2018 12/13/18 For Sale $284,900 0.0% $116 / Sq Ft
11/23/2018 11/23/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $284,900 -- $116 / 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 $1,135 $11,506 -- --
2024 $1,139 $10,959 -- --
2023 $1,139 $38,410 $7,680 $30,730
2022 $1,115 $29,530 $5,900 $23,630
2021 $1,129 $24,760 $4,950 $19,810
2020 $1,114 $22,360 $4,470 $17,890
2019 $1,041 $18,960 $3,790 $15,170
2018 $999 $16,920 $3,380 $13,540
2017 $969 $14,000 $2,800 $11,200
2016 $951 $13,160 $2,630 $10,530
2015 $894 $11,570 $2,310 $9,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5844707

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-06-062