NOT LISTED FOR SALE
5 Beds
5 Baths
600 Sq Ft
1960 Built

Sale Details

Date Sold: May 24, 2019

Last sale price $342,500 $571 Per Sq Ft

2 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Sunnyslope High School Rated A
  • Heating Available

About This Home

As of May 2019

Looking for a value add five-plex in a high growth area of North Phoenix in the foothills of Phoenix's North Mountain Preserve? This asset features one brick building with five identical spacious 1-bed/1-bath units. Features include interior laundry room in each unit, solid brick construction, individually metered for electric & huge backyards. Building is vacant is being sold AS IS. Cash buyers only. Needs full renovation, but demo has already been completed. Centrally located in a convenient area near employment, public transportation, and schools. Close employment includes Honor Health John C Lincoln Hospital & Walmart plus brand new restaurants like Little Miss BBQ.

Last Agent to Sell the Property

Joshua Roubal

My Home Group Real Estate License #SA555438000 Listed on: 05/17/2019

Co-Listed By

Steven Rundle

Dwellings Realty Group License #BR536790000

Last Buyer's Agent

Terry Kass

Coldwell Banker Commercial Realty License #BR503783000

Coldwell Banker Commercial Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,445

Year Built

  • Built in 1960

Home Design

  • Foam Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Parking Available
  • Paved Parking
  • Additional Parking

Utilities

  • Cooling Available
  • Heating Available
  • Gas Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer, trash collection
  • Tax Lot 23
  • Assessor Parcel Number 160-51-105-A

Community Details

Overview

  • 5 Units
  • Building Dimensions are 6124 sq ft

Building Details

  • Operating Expense $1,445

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,445

Year Built

Built in 1960

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 7th St and Butler
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: dllg01
  • Co List Office Phone: 480-629-8136
  • Tax Parcel Letter: A
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Individual
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: City Electric
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: None

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit, Paved
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • Parking Features:Parking Features: 1 Space/Unit, Paved, Add'l Parking Avail

Utilities

  • Electric: City Electric
  • Cooling: Varies by Unit
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: City Gas

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6124 sq ft
  • Additional Parcels: No
  • Parcel #: 160-51-105-A

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity
  • Number Of Units Total: 5
  • Annual Operating Expense: 1445.0

Tax Info

  • Tax Annual Amount: 1445.0
  • Tax Book Number: 160.0
  • Tax Lot: 23

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,000
Outstanding Balance
$504,649
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
May 17, 2019
Closed on
May 23, 2019
Sold by
Bought by
Seller's Agent
Joshua Roubal
My Home Group Real Estate
Buyer's Agent
Terry Kass
Coldwell Banker Commercial Realty
List Price
$349,900
Sold Price
$342,500
Premium/Discount to List
-$7,400
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,700
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 17, 2019
Closed on
Apr 16, 2019
Sold by
Bought by
Seller's Agent
Joshua Roubal
My Home Group Real Estate
Buyer's Agent
Terry Kass
Coldwell Banker Commercial Realty
List Price
$349,900
Sold Price
$342,500
Premium/Discount to List
-$7,400
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,700
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2004
Sold by
Bought by

Purchase Details

Closed on
Jan 24, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.24%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$830,000 Old Republic Title Agency
$342,500 Chicago Title Agency
$295,000 Chicago Title Agency Inc
$227,000 Fiduciary Title Agency Llc
$185,000 Fidelity National Title
-- --
$135,000 Security Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $581,000
Previous Owner $210,700
Previous Owner $205,000
Previous Owner $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $342,500 -2.1% $571 / Sq Ft
05/17/2019 05/17/19 For Sale $349,900 -- $583 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,750 $13,768
2024 $1,653 $13,113
2023 $1,653 $57,300 $11,460 $45,840
2022 $1,600 $39,510 $7,900 $31,610
2021 $1,620 $37,150 $7,430 $29,720
2020 $1,580 $29,030 $5,800 $23,230
2019 $1,551 $24,900 $4,980 $19,920
2018 $1,510 $21,500 $4,300 $17,200
2017 $1,503 $16,680 $3,330 $13,350
2016 $1,475 $14,050 $2,810 $11,240
2015 $1,366 $12,310 $2,460 $9,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5927672

Arizona Regional Multiple Listing Service (ARMLS)
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