NOT LISTED FOR SALE

903 S Kenwood Cir Tempe, AZ 85281

Apache Neighborhood

Estimated Value: $481,824 - $1,114,000

-- Bed
-- Bath
2,173 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $189,800 $87 Per Sq Ft

Est. 285% increase in value since last sale

Current estimated payment $4,083/month

15 Days on Market

Highlights

  • Evaporated cooling system
  • Thew Elementary School Rated 9+
  • Floor Furnace

About This Home

As of April 2013

Not a Short Sale or REO! Well located Tempe 4-plex. Close to light rail & bus line. 100% occupied ($450, $450, $450, $425). All 1bd/1ba. Amenities include covered parking, individually metered for electric & gas, separate storage units, on-site laundry (owned - not coin operated), 3 of 4 units all ceramic tile floors. Add coin-op laundry for additional income. Buyer to verify all facts and figures to their satisfaction.

Last Agent to Sell the Property

Jason Campagna

Orion Investment Real Estate License #SA543294000 Listed on: 03/01/2013

Last Buyer's Agent

Dominic Arnold

AZ Prime Property Management License #BR639934000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,441

Year Built

  • Built in 1962

Lot Details

  • 7,492

Home Design

  • Built-Up Roof
  • Stucco

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Wall Furnace
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 12
  • Assessor Parcel Number 132-64-031-E

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR

Building Details

  • Gross Income $26,300
  • Net Operating Income $15,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,441

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: MCCLINTOCK & UNIVERSITY
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1962
  • Tax Year: 2012
  • Directions: South on McClintock to Hayden Ln, east on Hayden Ln, south on Kenwood Circle to property.
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Slump Block
  • Roof: Built-Up
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • 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:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 1440.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 132-64-031-E

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 600.0
  • Annual Gross Income: 26300.0
  • Insurance Expense: 750.0
  • Maintenance Expense: 1600.0
  • Property Net Operating Income: 15470.0

Tax Info

  • Tax Annual Amount: 1440.82
  • Tax Book Number: 132.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2013
Closed on
Apr 23, 2013
Sold by
Osness Kenneth R
Bought by
Petrisor Gregory and Laser Jennifer
Seller's Agent
Jason Campagna
Orion Investment Real Estate
Buyer's Agent
Dominic Arnold
AZ Prime Property Management
List Price
$195,000
Sold Price
$189,800
Premium/Discount to List
-$5,200
-2.67%
Current Estimated Value
$730,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,906
Avg. Annual Appreciation
11.50%
Original Mortgage
$142,350
Outstanding Balance
$103,112
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$627,632

Purchase Details

Closed on
Jul 29, 2002
Sold by
Meranto Keefer S and Meranto Britt
Bought by
Osness Kenneth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,819
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 1996
Sold by
Meranto Keefe S and Meranto Britt
Bought by
Meranto Keefer S and Meranto Britt
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Petrisor Gregory $189,800 Title Management Agency Of A
Osness Kenneth R $173,500 American Title Ins Agency
Meranto Keefer S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrisor Gregory $142,350
Previous Owner Osness Kenneth R $125,107
Previous Owner Osness Kenneth R $171,129
Previous Owner Osness Kenneth R $170,819
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $189,800 -2.7% $87 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $195,000 -- $90 / 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 $1,581 $14,119 -- --
2024 $1,562 $13,447 -- --
2023 $1,562 $59,800 $11,960 $47,840
2022 $1,499 $41,550 $8,310 $33,240
2021 $1,509 $35,010 $7,000 $28,010
2020 $1,463 $30,460 $6,090 $24,370
2019 $1,436 $24,830 $4,960 $19,870
2018 $1,400 $21,160 $4,230 $16,930
2017 $1,358 $20,350 $4,070 $16,280
2016 $1,349 $19,000 $3,800 $15,200
2015 $1,295 $16,130 $3,220 $12,910
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jason Campagna

    Orion Investment Real Estate

  • D

    Buyer's Agent in 2013

    Dominic Arnold

    AZ Prime Property Management

    (480) 449-6632

    1 in this area

    129 Total Sales

    Dominic Arnold
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4897733

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-64-031

Arizona Maricopa County Tempe 85281 Apache

903 S Kenwood Cir, Tempe, AZ

This home is located at 903 S Kenwood Cir, Tempe, AZ 85281 since 01 March 2013 and is currently estimated at $730,706, approximately $336 per square foot. This property was built in 1962. 903 S Kenwood Cir is a home located in Maricopa County with nearby schools including Thew Elementary School, Connolly Middle School, and McClintock High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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