$250,000
SOLD JUL 16, 2018
-- Bed
-- Bath
1,280 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$195 Per Sq Ft

19 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A
  • Concrete Flooring

About This Home

As of July 2018

Not only a well stabilized Duplex-tenants have been there for a long time but room to add at least a fourplex behind. There is an additional parcel to work with. Agent has walked with engineering and contractor so ask me questions! Rents are good and building is individually metered for Electric. RIGHT across the street from a park. Total land square footage is 12,632! Buyer to verify all information and DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 05/12/2018

Last Buyer's Agent

Linda CCIM

Stephen Magee Int'l Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $769

Year Built

  • Built in 1964

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Concrete Flooring

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Assigned Parking

Schools

  • Desert View Elementary School
  • Sunnyslope Elementary High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 160-02-067

Community Details

Overview

  • 2 Units
  • Building Dimensions are 13000 SF

Building Details

  • Operating Expense $7,269
  • Gross Income $25,608
  • Net Operating Income $18,330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$769

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: 12 Street and Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1964
  • Tax Year: 2017
  • Directions: On 12 Street go north to Dunlap -turn west to 11 Street and south to Property. No Sign on property
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Professional Management Expense: 1400.0
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 9.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Electric, Ceiling Fan(s)
  • Heating: Individual, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Drapes2: Yes

Fee Information

  • Annual Water Sewer Expense: 2600.0

Schools

  • Elementary School: Desert View Elementary School
  • High School: Sunnyslope Elementary School

Lot Info

  • Lot Size: 13000 SF
  • Additional Parcels: Yes
  • Parcel #: 160-02-067

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 25608.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 18330.0
  • Annual Operating Expense: 7269.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 769.0
  • Tax Book Number: 160.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2018
Closed on
Jul 13, 2018
Sold by
Bctb Holdings Llc
Bought by
Berger Tate and Hopper Jessica
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$176,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2005
Sold by
Lee Albert B and Lee Wanda K
Bought by
Marquez Ramey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
5.72%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $235,000 Empire West Title Agency Llc
Warranty Deed $215,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 New Conventional
Closed $180,000 New Conventional
Previous Owner $176,250 New Conventional
Previous Owner $150,500 New Conventional
Previous Owner $69,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Price Changed $545,000 -8.4% --
01/25/2025 01/25/25 For Sale $595,000 0.0% --
01/12/2025 01/12/25 Pending -- -- --
12/09/2024 12/09/24 Price Changed $595,000 -4.8% --
11/18/2024 11/18/24 For Sale $625,000 0.0% --
11/13/2024 11/13/24 Off Market $625,000 -- --
07/31/2024 07/31/24 Price Changed $625,000 -5.2% --
04/23/2024 04/23/24 Price Changed $659,000 -0.2% --
02/02/2024 02/02/24 For Sale $660,000 +164.0% --
07/16/2018 07/16/18 Sold $250,000 0.0% $195 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/12/2018 05/12/18 For Sale $250,000 0.0% $195 / Sq Ft
08/31/2013 08/31/13 Rented $550 -18.5% --
08/31/2013 08/31/13 Under Contract -- -- --
07/10/2013 07/10/13 For Rent $675 -- --
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 $2,000 $16,353 -- --
2024 $1,964 $15,574 -- --
2023 $1,964 $35,290 $5,190 $30,100
2022 $1,900 $24,590 $3,610 $20,980
2021 $1,924 $23,510 $3,450 $20,060
2020 $1,876 $22,870 $3,360 $19,510
2019 $1,842 $18,440 $2,710 $15,730
2018 $1,794 $15,920 $2,340 $13,580
2017 $731 $11,100 $1,630 $9,470
2016 $718 $8,600 $1,260 $7,340
2015 $665 $7,890 $1,160 $6,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5765321

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-02-067