$149,900
SOLD MAY 25, 2012
-- Bed
-- Bath
2,080 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

11 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • 5-minute walk to Jaycee Park
  • Ceramic Tile Flooring

About This Home

As of September 2018

Wonderfully maintained 4-plex in the heart of Tempe! Property is perfectly located minutes away from the Tempe Town Lake, near ASU, walking distance from Jaycee Park, and blocks away from all the wonderful shops, dining and entertainment of Mill Avenue! All 4 units feature 1 bedroom, 1 full bath, a large walk-in closet, large kitchen pantry, and a Kitchen that opens into a well sized Living Room. This opportunity will not last long!

Last Agent to Sell the Property

Yvonne Barmettler

Fine Properties License #BR570122000 Listed on: 03/16/2012

Co-Listed By

James Roberts

My Home Group Real Estate License #SA639379000

Last Buyer's Agent

SF Graff

Real Broker License #BR038597000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,441

Year Built

  • Built in 1963

Home Design

  • Foam Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Tempe High Middle School
  • Tempe Academy Of International Studies Mckemy High School

Utilities

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

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 124-31-097

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Monterrey Village Subdivision

Building Details

  • Operating Expense $1,441

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,441

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Hardy Drive & University Drive
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2011
  • Directions: North of University Dr. on Hardy Dr; East on Brown St; North on McKemy St; West on 3rd Street to property.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: refp01
  • Co List Office Phone: 480-704-4424
  • Subdivision Name: Monterrey Village
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes

Schools

  • High School: Tempe Academy Of International Studies McKemy
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Tempe High School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 124-31-097

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 4
  • Annual Operating Expense: 1441.0

Tax Info

  • Tax Annual Amount: 1441.0
  • Tax Book Number: 124.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2019
Sold by
Kershaw Jon A
Bought by
Shawker Llc
Current Estimated Value
$814,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,500
Outstanding Balance
$345,548
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$531,556

Purchase Details

Listed on
Aug 9, 2018
Closed on
Oct 20, 2018
Sold by
Kershaw Jon A
Bought by
Shawker Llc
Seller's Agent
Matthew Cox
Equity Arizona Real Estate
Buyer's Agent
Matthew Cox
Equity Arizona Real Estate
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$385,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2018
Closed on
Aug 28, 2018
Sold by
Cox Matthew T
Bought by
Kershaw Jon A
Seller's Agent
Matthew Cox
Equity Arizona Real Estate
Buyer's Agent
Matthew Cox
Equity Arizona Real Estate
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2012
Closed on
May 10, 2012
Sold by
Fannie Mae
Bought by
Cox Matthew T
Seller's Agent
Yvonne Barmettler
Fine Properties
Buyer's Agent
SF Graff
Real Broker
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.97%
Original Mortgage
$168,227
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2012
Sold by
Morey Robert E
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Aug 8, 2008
Sold by
Morey Robert E
Bought by
Robert E Morey Real Properties Llc

Purchase Details

Closed on
Apr 29, 2008
Sold by
Morey Marieta A
Bought by
Morey Robert E

Purchase Details

Closed on
Mar 9, 2006
Sold by
Green Todd and Green Mary Anne
Bought by
First Street Tempe Llc

Purchase Details

Closed on
Aug 6, 2004
Sold by
Morey Robert E
Bought by
Robert E Morey Real Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2004
Sold by
Morey Marieta Alonzo
Bought by
Morey Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 1994
Sold by
The Moody Bible Institute Of Chicago
Bought by
Green Todd Allen and Green Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,250
Interest Rate
7.79%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed -- Security Title Agency Inc
Warranty Deed -- Security Title Agency Inc
Warranty Deed -- None Available
Warranty Deed $525,000 American Title Service Agenc
Special Warranty Deed $149,900 Security Title Agency
Trustee Deed $176,145 None Available
Warranty Deed -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed -- First American Title Ins Co
Quit Claim Deed -- None Available
Warranty Deed $210,000 Land Title Agency Of Az Inc
Interfamily Deed Transfer -- Land Title Agency Of Az Inc
Warranty Deed $210,000 Land Title Agency Of Az Inc
Joint Tenancy Deed $79,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $388,500 New Conventional
Previous Owner $385,000 New Conventional
Previous Owner $245,000 New Conventional
Previous Owner $168,000 New Conventional
Previous Owner $168,227 FHA
Previous Owner $168,000 Purchase Money Mortgage
Previous Owner $59,250 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2018 09/15/18 Sold $525,000 -4.5% $252 / Sq Ft
08/09/2018 08/09/18 For Sale $550,000 +266.9% $264 / Sq Ft
05/25/2012 05/25/12 Sold $149,900 0.0% $72 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $149,900 -- $72 / 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 $1,755 $15,667 -- --
2024 $1,734 $14,921 -- --
2023 $1,734 $70,450 $14,090 $56,360
2022 $1,663 $53,620 $10,720 $42,900
2021 $1,675 $46,870 $9,370 $37,500
2020 $1,624 $37,250 $7,450 $29,800
2019 $1,593 $28,430 $5,680 $22,750
2018 $1,553 $21,070 $4,210 $16,860
2017 $1,507 $20,210 $4,040 $16,170
2016 $1,497 $19,080 $3,810 $15,270
2015 $1,437 $16,310 $3,260 $13,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4731199

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-31-097