NOT LISTED FOR SALE

Estimated Value: $331,712 - $591,000

7 Beds
-- Bath
2,029 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 26, 2017

Last sale price $187,500 $92 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $2,721/month

165 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of July 2017

Great 3 bedroom 2 bath Du-Plex in a great location!! Within walking distance to the Elementary School and the JR High!! Block construction, great tenants, Never have a problem renting these units out.

Last Listed By

J.J. Martinez

DenMar Realty License #BR506573000 Listed on: 12/16/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1960

Lot Details

  • 9,060

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 5 Parking Spaces
  • 1 Covered Space

Schools

  • Edison Elementary School
  • Kino Junior High School
  • Westwood High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 16
  • Assessor Parcel Number 137-06-073

Community Details

Overview

  • 2 Units
  • Building Dimensions are Irr
  • Mumford Park Subdivision

Building Details

  • Operating Expense $3,782
  • Gross Income $21,000
  • Net Operating Income $17,077

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$852

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: Stapley & University
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1960
  • Tax Year: 2016
  • Directions: W on University to Horne. N on Horne to 4th PL. E on 4th P to property.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: dnmr01
  • Co List Office Phone: 480-507-7905
  • Subdivision Name: MUMFORD PARK
  • Garage Yn: Yes
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 5.0
  • Garage Details: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Irrigation
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1620.0

Schools

  • Elementary School: Edison Elementary School
  • High School: Westwood High School
  • Middle Or Junior School: Kino Junior High School

Lot Info

  • Lot Size: Irr
  • Additional Parcels: No
  • Parcel #: 137-06-073

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 21000.0
  • Insurance Expense: 650.0
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 17077.0
  • Annual Operating Expense: 3782.0

Tax Info

  • Tax Annual Amount: 852.0
  • Tax Book Number: 137.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2017
Sold by
Insight Property Management Llc
Bought by
Fourth Place Properties Llc
Total Days on Market
165
Current Estimated Value
$475,678

Purchase Details

Closed on
Jul 3, 2007
Sold by
Eltiste Chris and Davis Scott
Bought by
Insight Property Management Llc

Purchase Details

Closed on
Apr 15, 2005
Sold by
Eltiste Olivier
Bought by
Eltiste Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2001
Sold by
Capitelli Anthony M and Capitelli Sherilyn L
Bought by
Curtis Dennis and Curtis Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
10.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2000
Sold by
Baruch Louis
Bought by
Capitelli Anthony M and Capitelli Sherilyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
8.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1999
Sold by
Baruch Bonnie Lynn
Bought by
Baruch Ronnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 1999
Sold by
Heywood Jared Yates and Heywood Gloria J
Bought by
Baruch Ronnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 1995
Sold by
Bernath Olen J
Bought by
Heywood Jared Yates and Heywood Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,750
Interest Rate
8.9%
Mortgage Type
FHA

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
Fourth Place Properties Llc $187,500 First American Title Insuran
Insight Property Management Llc -- None Available
Eltiste Chris -- Fidelity National Title
Eltiste Chris $235,000 Fidelity National Title
Curtis Dennis $158,000 North American Title Agency
Capitelli Anthony M $135,000 North American Title Agency
Baruch Ronnie M -- North American Title Agency
Baruch Ronnie M $130,000 North American Title Agency
Heywood Jared Yates $77,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eltiste Chris $188,000
Previous Owner Curtis Dennis $126,400
Previous Owner Capitelli Anthony M $121,500
Previous Owner Baruch Ronnie M $104,000
Previous Owner Heywood Jared Yates $69,750
Closed Baruch Ronnie M $19,500
Closed Curtis Dennis $31,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2017 07/26/17 Sold $187,500 -3.8% $92 / Sq Ft
05/09/2017 05/09/17 Price Changed $195,000 -2.5% $96 / Sq Ft
04/26/2017 04/26/17 Price Changed $200,000 -4.8% $99 / Sq Ft
03/28/2017 03/28/17 Price Changed $210,000 -2.3% $103 / Sq Ft
02/24/2017 02/24/17 Price Changed $215,000 -2.3% $106 / Sq Ft
12/16/2016 12/16/16 For Sale $220,000 -- $108 / 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 $1,012 $10,310 -- --
2024 $1,020 $9,819 -- --
2023 $1,020 $33,800 $6,760 $27,040
2022 $999 $26,020 $5,200 $20,820
2021 $1,011 $21,950 $4,390 $17,560
2020 $998 $19,760 $3,950 $15,810
2019 $933 $16,610 $3,320 $13,290
2018 $895 $14,800 $2,960 $11,840
2017 $868 $12,270 $2,450 $9,820
2016 $852 $11,510 $2,300 $9,210
2015 $801 $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: 5536810

Arizona Regional Multiple Listing Service (ARMLS)

APN: 137-06-073