NOT LISTED FOR SALE

8321 W Edwards St Peoria, AZ 85345

Estimated Value: $379,000 - $451,000

4 Beds
2 Baths
1,946 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $260,000 $134 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,352/month

6 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Peoria High School Rated A-

About This Home

As of September 2020

Great investment potential. Currently grossing $1600 per month (rented to relatives); market rents should be $950-1000/month/unit. Property has great location to schools, shopping, restaurants, and freeway access. Units both have washer/dryers and separate detached storage units. Individually metered for electricity. Tenants pay water/sewer.

Last Agent to Sell the Property

Enid Seeger

DPR Realty LLC License #SA507327000 Listed on: 09/09/2020

DPR Realty LLC

Last Buyer's Agent

Joe Bourland

eXp Realty License #SA531657000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,189

Year Built

  • Built in 1999

Lot Details

  • 7,187

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Free Parking
  • Paved Parking

Schools

  • Cheyenne Elementary School
  • Peoria High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 11 / 2
  • Assessor Parcel Number 142-42-024

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7200
  • Edward's Add. Subdivision

Building Details

  • Operating Expense $1,189
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,189

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Cross Street: 83rd Ave & Peoria Ave
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: Multi Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1999
  • Tax Year: 2019
  • Directions: S on 83rd Ave pass Cactus. Turn right onto Edwards St. Property will be on the south side.
  • Road Surface Type: Asphalt
  • Subdivision Name: EDWARD'S ADD.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free, Add'l Parking Avail
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Cheyenne Elementary School
  • High School: Peoria High School
  • Middle Or Junior School: Cheyenne Elementary School

Lot Info

  • Lot Size: 7200
  • Additional Parcels: No
  • Parcel #: 142-42-024

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 2
  • Property Net Operating Income: 18000.0
  • Annual Operating Expense: 1189.0

Tax Info

  • Tax Annual Amount: 1189.0
  • Tax Block: 2
  • Tax Book Number: 142.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2021
Sold by
Veres Attila and Vicsocsean Ecaterina
Bought by
Veres Attila A and Vicsocsean Ecaterina
Current Estimated Value
$416,972

Purchase Details

Listed on
Sep 9, 2020
Closed on
Sep 24, 2020
Sold by
Sierra Holdings Sw Llc
Bought by
Veres Attila and Vicsocsean Ecaterina
Seller's Agent
Enid Seeger
DPR Realty LLC
Buyer's Agent
Joe Bourland
eXp Realty
List Price
$272,000
Sold Price
$260,000
Premium/Discount to List
-$12,000
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%

Purchase Details

Closed on
Jun 29, 2020
Sold by
Fahrenheit 24 Llc
Bought by
Sierra Holdings Sw Llc

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jun 3, 2018
Sold by
D B Rentals Llc
Bought by
Fahrenheit 24 Llc
Seller's Agent
Brandon Volz
A.Z. & Associates
Buyer's Agent
Mike Darmo
American Realty Brokers
List Price
$229,500
Sold Price
$207,500
Premium/Discount to List
-$22,000
-9.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%

Purchase Details

Listed on
Jul 27, 2015
Closed on
Nov 11, 2015
Sold by
Volz Dustin
Bought by
D B Rentals Llc
Seller's Agent
Laura Anderson
Delex Realty
Buyer's Agent
Brandon Volz
A.Z. & Associates
List Price
$155,000
Sold Price
$132,000
Premium/Discount to List
-$23,000
-14.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.67%
Original Mortgage
$99,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2015
Closed on
Sep 30, 2015
Sold by
Volz Natalie
Bought by
Volz Dustin
Seller's Agent
Laura Anderson
Delex Realty
Buyer's Agent
Brandon Volz
A.Z. & Associates
List Price
$155,000
Sold Price
$132,000
Premium/Discount to List
-$23,000
-14.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2015
Closed on
Sep 28, 2015
Sold by
Sieb Robert
Bought by
Volz Dustin
Seller's Agent
Laura Anderson
Delex Realty
Buyer's Agent
Brandon Volz
A.Z. & Associates
List Price
$155,000
Sold Price
$132,000
Premium/Discount to List
-$23,000
-14.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2003
Sold by
Nevarez John and Nevarez Laura
Bought by
Sieb Robert

Purchase Details

Closed on
Mar 31, 1998
Sold by
Swisher John W and Swisher Pamela K
Bought by
Nevarez John and Nevarez Laura
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Veres Attila A -- None Available
Veres Attila $260,000 Fidelity Natl Ttl Agcy Inc
Sierra Holdings Sw Llc -- Fidelity Natl Ttl Agcy Inc
Sierra Holdings Sw Llc -- None Available
Fahrenheit 24 Llc $207,500 First Arizona Title Agency L
D B Rentals Llc -- Old Republic Title Agency
Volz Dustin -- Old Republic Title Agency
Volz Dustin $132,000 Old Republic Title Agency
Sieb Robert $135,000 Capital Title Agency Inc
Nevarez John $15,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Volz Dustin $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $260,000 -4.4% $134 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/13/2020 09/13/20 For Sale $272,000 +4.6% $140 / Sq Ft
09/13/2020 09/13/20 Off Market $260,000 -- --
09/09/2020 09/09/20 For Sale $272,000 +31.1% $140 / Sq Ft
07/10/2018 07/10/18 Sold $207,500 -9.6% $107 / Sq Ft
07/02/2018 07/02/18 For Sale $229,500 0.0% $118 / Sq Ft
07/02/2018 07/02/18 Price Changed $229,500 0.0% $118 / Sq Ft
05/20/2018 05/20/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $229,500 0.0% $118 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
04/18/2018 04/18/18 Price Changed $229,500 -0.2% $118 / Sq Ft
03/29/2018 03/29/18 For Sale $229,900 +74.2% $118 / Sq Ft
09/30/2015 09/30/15 Sold $132,000 -2.2% $68 / Sq Ft
08/17/2015 08/17/15 Price Changed $135,000 -6.9% $69 / Sq Ft
08/04/2015 08/04/15 Price Changed $145,000 -6.5% $75 / Sq Ft
07/26/2015 07/26/15 For Sale $155,000 -- $80 / 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 $1,176 $12,944 -- --
2024 $1,187 $12,327 -- --
2023 $1,187 $15,300 $2,880 $12,420
2022 $1,163 $14,440 $2,880 $11,560
2021 $1,218 $14,450 $2,880 $11,570
2020 $1,226 $14,170 $2,790 $11,380
2019 $1,189 $13,950 $2,790 $11,160
2018 $1,153 $13,350 $2,670 $10,680
2017 $1,150 $16,030 $3,200 $12,830
2016 $1,137 $12,810 $2,560 $10,250
2015 $1,058 $12,200 $2,440 $9,760
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6131553

Arizona Regional Multiple Listing Service (ARMLS)

APN: 142-42-024