L
Seller's Agent in 2017
Laurence Beaudry
Berkshire Hathaway HomeServices Arizona Properties
836 E Wier Ave Phoenix, AZ 85040
South Mountain NeighborhoodEstimated Value: $329,000 - $471,000
3
Beds
2
Baths
3,469
Sq Ft
$120/Sq Ft
Est. Value
Highlights
- Evaporated cooling system
- Heating System Uses Natural Gas
- 3-minute walk to Nueve Park
- Phoenix Coding Academy Rated A
About This Home
As of April 2017Great Investment Opportunity. This property has four separate single family homes on one lot. Cap rate at 9%. GRM at 9%. Instant cash flow. Three 2 bed units. One 3 bed unit. Fully rented. Long term tenants. ALL ARE SEPARATE METERED FOR GAS, ELECTRIC AND WATER. Your only expenses are property insurance and property taxes. Units have been maintained and upgraded as needed. Nueve Park across the street is going through major field upgrade. Property is turnkey. FHA or VA financing available. Drive By Only. Do Not Disturb Tenants. Call Listing Agent.
Last Agent to Sell the Property
Laurence Beaudry
Berkshire Hathaway HomeServices Arizona Properties License #SA660024000 Listed on: 02/08/2017
Last Buyer's Agent
Laurence Beaudry
Berkshire Hathaway HomeServices Arizona Properties License #SA660024000 Listed on: 02/08/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $777
Year Built
- Built in 1946
Lot Details
- 0.48
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Utilities
- Evaporated cooling system
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for water, sewer, cable TV
- Legal Lot and Block 2 / 2
- Assessor Parcel Number 113-47-003
Community Details
Overview
- 4 Buildings
- 4 Units
- Building Dimensions are 20800 Sq Ft
- Roosevelt Square Subdivision
Building Details
- Operating Expense $777
- Gross Income $31,800
- Net Operating Income $30,123
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 12, 2025
Sold by
Bfsr5 Llc
Bought by
Result Acquisitions Llc
Current Estimated Value
Purchase Details
Closed on
Sep 11, 2025
Sold by
Blais Casey S
Bought by
Bfsr5 Llc
Purchase Details
Closed on
Aug 13, 2024
Sold by
Jm Real Estate Llc
Bought by
Investments M4 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 6, 2020
Sold by
Summit Wholesale Llc
Bought by
Summit Group Capital Llc
Purchase Details
Closed on
Sep 23, 2017
Sold by
Leftwich Robert
Bought by
Summit Wholesale Llc
Purchase Details
Listed on
Feb 8, 2017
Closed on
Apr 3, 2017
Sold by
Milina Sabas M and Molina Maria E
Bought by
Leftwich Robert L
Seller's Agent
Laurence Beaudry
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Laurence Beaudry
Berkshire Hathaway HomeServices Arizona Properties
List Price
$269,900
Sold Price
$220,000
Premium/Discount to List
-$49,900
-18.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Purchase Details
Closed on
May 17, 1995
Sold by
Goodwin Bennie J
Bought by
Molina Sabas M and Molina Maria E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.71%
Mortgage Type
Seller Take Back
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Result Acquisitions Llc | -- | None Listed On Document | |
| Bfsr5 Llc | -- | None Listed On Document | |
| Investments M4 Llc | $475,000 | Title Services Of The Valley | |
| Jm Real Estate Llc | $1,025,000 | Title Services Of The Valley | |
| Summit Group Capital Llc | -- | Lawyers Title Of Arizona Inc | |
| Summit Wholesale Llc | $215,000 | Lawyers Title Of Arizona Inc | |
| Leftwich Robert L | $220,000 | Chicago Title | |
| Molina Sabas M | $60,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Investments M4 Llc | $448,000 | |
| Previous Owner | Molina Sabas M | $54,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/07/2017 04/07/17 | Sold | $220,000 | -18.5% | $63 / Sq Ft |
| 04/05/2017 04/05/17 | For Sale | $269,900 | 0.0% | $78 / Sq Ft |
| 04/05/2017 04/05/17 | Price Changed | $269,900 | 0.0% | $78 / Sq Ft |
| 03/15/2017 03/15/17 | Pending | -- | -- | -- |
| 02/08/2017 02/08/17 | For Sale | $269,900 | -- | $78 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,023 | $6,786 | -- | -- |
| 2024 | $968 | $6,463 | -- | -- |
| 2023 | $968 | $29,530 | $5,900 | $23,630 |
| 2022 | $909 | $21,750 | $4,350 | $17,400 |
| 2021 | $931 | $18,430 | $3,680 | $14,750 |
| 2020 | $919 | $18,150 | $3,630 | $14,520 |
| 2019 | $889 | $16,380 | $3,270 | $13,110 |
| 2018 | $865 | $13,480 | $2,690 | $10,790 |
| 2017 | $817 | $9,220 | $1,840 | $7,380 |
| 2016 | $777 | $9,560 | $1,910 | $7,650 |
| 2015 | $728 | $7,050 | $1,410 | $5,640 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5558206
APN: 113-47-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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