NOT LISTED FOR SALE

Estimated Value: $776,667

Studio
-- Bath
3,596 Sq Ft
$216/Sq Ft Est. Value

Sale Details

Date Sold: October 26, 2023

Last sale price $800,000 $222 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,413 / mo

14 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available

About This Home

As of October 2023

Outstanding Investment Opportunity: Fully Occupied Fourplex with Promising Potential

This fourplex presents an outstanding investment opportunity, boasting four 2-bedroom, 2-bathroom units, each equipped with a laundry room. Two of these units feature washer/dryer appliances, enhancing tenant convenience. Currently fully occupied, this property offers immediate income, and there's even potential for increased returns. With covered parking and spacious living spaces, it's a highly desirable choice. Please respect tenant privacy with drive-by viewings only, and don't miss the chance to secure this lucrative investment opportunity.

Last Agent to Sell the Property

Roger Phillips

Keller Williams Realty Phoenix License #SA651186000 Listed on: 09/07/2023

Keller Williams Realty Phoenix

Co-Listed By

Max Phillips

Keller Williams Realty Phoenix License #SA706828000

Last Buyer's Agent

Samantha Flatland

Keller Williams Realty Phoenix License #SA686841000

Keller Williams Realty Phoenix
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 1985

Lot Details

  • 6,273

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Parking

  • 8 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Concrete Flooring
  • Additional Parcels

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 3 / H
  • Assessor Parcel Number 160-50-162

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Sunnyslope Subdivision

Building Details

  • Operating Expense $1,486
  • Gross Income $43,685
  • Net Operating Income $43,181

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,486

Year Built

Built in 1985

Lot Details

6,273 Sq Ft Lot

Listing Details

  • Cross Street: DUNLAP & 2ND WAY
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-H, R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwrp001
  • Co List Office Phone: 480-768-9333
  • Subdivision Name: SUNNYSLOPE
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco
  • Roof: Built-Up

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: See Remarks

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 160-50-162

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 43684.61
  • Property Net Operating Income: 43181.0
  • Annual Operating Expense: 1486.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1486.0
  • Tax Block: H
  • Tax Book Number: 160.00
  • Tax Lot: 3

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

Listed on
Sep 7, 2023
Closed on
Oct 26, 2023
Sold by
Bought by
Seller's Agent
Roger Phillips
Keller Williams Realty Phoenix
Buyer's Agent
Samantha Flatland
Keller Williams Realty Phoenix
List Price
$775,000
Sold Price
$800,000
Premium/Discount to List
$25,000
3.23%
Views
16
Current Estimated Value
$776,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,333
Avg. Annual Appreciation
-1.06%
Original Mortgage
$817,200
Interest Rate
7.18%
Mortgage Type
VA

Purchase Details

Closed on
Apr 17, 2019
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
$200,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2005
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
$252,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2004
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
$217,500
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2004
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
$217,500
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2003
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
$26,000
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Central, AZ

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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
$800,000 Pioneer Title Services
$305,000 Pioneer Title Agency Inc
$360,000 Capital Title Agency Inc
-- Capital Title Agency Inc
-- Capital Title Agency Inc
$290,000 Capital Title Agency Inc
$260,000 Capital Title Agency Inc
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 $847,717
Closed $817,200
Previous Owner $205,000
Previous Owner $200,000
Previous Owner $252,000
Previous Owner $29,000
Previous Owner $217,500
Previous Owner $29,000
Previous Owner $26,000
Previous Owner $208,000
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
10/26/2023 10/26/23 Sold $800,000 +3.2% $222 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $775,000 -- $216 / 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 $1,626 $12,795
2024 $1,537 $12,186
2023 $1,537 $50,400 $10,080 $40,320
2022 $1,486 $35,480 $7,090 $28,390
2021 $1,506 $28,480 $5,690 $22,790
2020 $1,468 $25,160 $5,030 $20,130
2019 $1,441 $22,620 $4,520 $18,100
2018 $1,403 $19,100 $3,820 $15,280
2017 $1,396 $15,680 $3,130 $12,550
2016 $1,371 $14,750 $2,950 $11,800
2015 $1,270 $12,920 $2,580 $10,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6602872

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-50-162

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