$286,000
SOLD DEC 31, 2016
-- Bed
-- Bath
880 Sq Ft
1945 Built

Recently Sold

$325 Per Sq Ft

4% Below List Price

57 Days on Market

Highlights

  • Evaporated cooling system
  • Concrete Flooring
  • 2-minute walk to Palma Park
  • Sunnyslope High School Rated A
  • Heating System Uses Natural Gas

About This Home

As of January 2024

WOW!!! Seller is motivated and seller say's bring your offer's!!! 2 parcels so you can get regular conventional financing. There are 4 2 bedroom one bath room units and 4 one bedroom units. Rent's are way below market this is a perfect value add project for an investor. All facts are approximate buyer verify MLS information.

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000 Listed on: 07/17/2016

Co-Listed By

Baylee Estrada

Keller Williams Arizona Realty License #BR654361000

Last Buyer's Agent

Donna Quackenbush

HomeSmart License #SA630564000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,253

Year Built

  • Built in 1945

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 18
  • Assessor Parcel Number 160-50-085

Community Details

Overview

  • 8 Units
  • Building Dimensions are 100x125
  • Sunnyslope Subdivision

Building Details

  • Gross Income $39,045
  • Net Operating Income $24,739

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,253

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: Central and Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MF
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1945
  • Tax Year: 2015
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 3000.0
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: Sunnyslope
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Concrete
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 2000.0
  • Annual Water Sewer Expense: 3000.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 100x125
  • Additional Parcels: No
  • Parcel #: 160-50-085

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 8
  • Electric Expense: 600.0
  • Annual Gross Income: 39045.0
  • Insurance Expense: 1100.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 24739.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1253.0
  • Tax Book Number: 160.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Mar 6, 2024
Sold by
Kong Ricky
Bought by
Kaz 2410 Llc
Seller's Agent
Edson Salas
ES Realty
Buyer's Agent
Hudson Robison
The Broker Reserve LLC
List Price
$700,000
Sold Price
$632,500
Premium/Discount to List
-$67,500
-9.64%
Views
20
Current Estimated Value
$1,325,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$692,836
Avg. Annual Appreciation
58.78%
Original Mortgage
$600,000
Outstanding Balance
$394,237
Interest Rate
6.95%
Mortgage Type
Seller Take Back
Estimated Equity
$931,099

Purchase Details

Listed on
Dec 12, 2023
Closed on
Jan 26, 2024
Sold by
Patino Enterprises Llc
Bought by
Kong Ricky
Seller's Agent
Edson Salas
ES Realty
Buyer's Agent
Hudson Robison
The Broker Reserve LLC
List Price
$700,000
Sold Price
$632,500
Premium/Discount to List
-$67,500
-9.64%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$394,237
Interest Rate
6.95%
Mortgage Type
Seller Take Back
Estimated Equity
$931,099

Purchase Details

Listed on
Dec 12, 2023
Closed on
Jan 17, 2024
Sold by
Patino Enterprises Llc
Bought by
Kong Ricky
Seller's Agent
Edson Salas
ES Realty
Buyer's Agent
Hudson Robison
The Broker Reserve LLC
List Price
$700,000
Sold Price
$632,500
Premium/Discount to List
-$67,500
-9.64%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$394,237
Interest Rate
6.95%
Mortgage Type
Seller Take Back
Estimated Equity
$931,099

Purchase Details

Listed on
Jul 17, 2016
Closed on
Dec 16, 2016
Sold by
Strohfus Daniel J and Strohfus Shiqun
Bought by
Patino Manuel Richard
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Donna Quackenbush
HomeSmart
List Price
$299,000
Sold Price
$286,000
Premium/Discount to List
-$13,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%
Original Mortgage
$107,250
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2004
Sold by
Starbird Herman Daniel and Starbird Herman Sylvia
Bought by
Strohfus Daniel J and Stohfus Shiqun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2002
Sold by
Parry Paul D
Bought by
Starbird Herman Daniel and Starbird Herman Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,506
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $1,265,000 Empire Title Agency
Warranty Deed $1,265,000 Empire Title Agency
Warranty Deed $149,500 Chicago Title Agency Inc
Warranty Deed $190,000 Capital Title Agency Inc
Warranty Deed $190,000 Capital Title Agency Inc
Warranty Deed $275,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Seller Take Back
Previous Owner $600,000 Seller Take Back
Previous Owner $100,000 New Conventional
Previous Owner $107,250 Commercial
Previous Owner $142,500 Purchase Money Mortgage
Previous Owner $190,506 Purchase Money Mortgage
Closed $28,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $632,500 -9.6% $719 / Sq Ft
12/14/2023 12/14/23 For Sale $700,000 +144.8% $795 / Sq Ft
12/31/2016 12/31/16 Sold $286,000 -4.3% $325 / Sq Ft
07/17/2016 07/17/16 For Sale $299,000 -- $340 / 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 $153 $1,253 $1,253 --
2024 $150 $1,193 $1,193 --
2023 $150 $5,680 $5,680 $0
2022 $145 $3,870 $3,870 $0
2021 $147 $3,140 $3,140 $0
2020 $144 $2,700 $2,700 $0
2019 $141 $2,450 $2,450 $0
2018 $137 $1,850 $1,850 $0
2017 $137 $1,530 $1,530 $0
2016 $134 $1,370 $1,370 $0
2015 $124 $1,210 $1,210 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5471886

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-50-087