$360,000
SOLD DEC 11, 2024
-- Bed
-- Bath
806 Sq Ft
1958 Built

Recently Sold

$447 Per Sq Ft

8% Above List Price

61 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Sunnyslope High School Rated A
  • Ceiling Fan

About This Home

As of December 2024

ET''S BE CLEAR THIS IS A 2 UNIT Property and YOU MUST BUY THE FOURPLEX NEXT DOOR. See the listing at 9047 N 11 St concurrently. The numbers are accurate and Tenants are Government Assisted Leases. Please see the Supplemental Remarks for all information. Drive by only. NO FHA OR VA LOANS but you could buy both properties using two separate Residential Loans or both with a Commercial Loan. Should be able to buy with a DCR loan as well. Buyer to verify all facts and figures Fully Occupied: All 6 units leased, ensuring stable rental income.
9.12% Cap Rate: High-yield returns outperform industry standards.
Prime Location: Close to schools, parks, shopping centers, and public transit.
Tenant Amenities: Includes storage rooms and private backyards for select units.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 09/11/2024

Last Buyer's Agent

Jose Cereceres

Pak Home Realty License #SA679247000

Pak Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $558

Year Built

  • Built in 1958

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Over 1 Space Per Unit
  • Free Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer, landscaping
  • Tax Lot 30
  • Assessor Parcel Number 159-35-112-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are irr
  • Waltmore Subdivision

Building Details

  • Operating Expense $8,959
  • Gross Income $39,169
  • Net Operating Income $30,442

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$558

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Dunlap and 11st
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2014
  • Directions: North on 11 St and property is on the right side of the street
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1560.0
  • Subdivision Name: WALTMORE
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Free, >1 Space Per Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Individual
  • Heating: See Remarks, Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 1685.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: Yes
  • Parcel #: 159-35-112-A

Multi Family

  • Owner Pays: See Remarks, Gas, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Electric Expense: 1925.0
  • Annual Gross Income: 39168.6
  • Insurance Expense: 1751.0
  • Maintenance Expense: 1280.0
  • Property Net Operating Income: 30442.0
  • Annual Operating Expense: 8959.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 558.0
  • Tax Book Number: 159.00
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Dec 5, 2024
Sold by
Chw 9047 Llc
Bought by
Ayeah Collins Kukwa
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Jose Cereceres
Pak Home Realty
List Price
$334,000
Sold Price
$360,000
Premium/Discount to List
$26,000
7.78%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.39%
Original Mortgage
$270,000
Outstanding Balance
$268,092
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$74,278

Purchase Details

Closed on
Jun 30, 2023
Sold by
Williams Caden
Bought by
Chw 9047 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2012
Bought by
Groothis Peggy
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $360,000 Wfg National Title Insurance C
Warranty Deed $360,000 Wfg National Title Insurance C
Warranty Deed -- Empire Title Agency
Warranty Deed $250,000 Empire Title Agency
Cash Sale Deed $65,000 Chicago Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 New Conventional
Closed $270,000 New Conventional
Previous Owner $175,000 New Conventional
Previous Owner $292,500 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 For Sale $390,000 +8.3% --
12/11/2024 12/11/24 Sold $360,000 -64.0% $447 / Sq Ft
12/06/2024 12/06/24 Sold $999,000 0.0% $1,239 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
11/11/2024 11/11/24 Pending -- -- --
11/05/2024 11/05/24 For Sale $999,000 +199.1% $1,239 / Sq Ft
11/05/2024 11/05/24 For Sale $334,000 -66.6% $414 / Sq Ft
10/27/2024 10/27/24 Pending -- -- --
10/27/2024 10/27/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $999,000 +199.1% $1,239 / Sq Ft
10/18/2024 10/18/24 Price Changed $334,000 -4.3% $414 / Sq Ft
10/02/2024 10/02/24 Price Changed $349,000 -0.3% $433 / Sq Ft
09/11/2024 09/11/24 For Sale $350,000 -66.6% $434 / Sq Ft
09/08/2024 09/08/24 Price Changed $1,049,000 +0.4% $1,301 / Sq Ft
09/07/2024 09/07/24 Price Changed $1,045,000 -2.3% $1,297 / Sq Ft
08/02/2024 08/02/24 For Sale $1,070,000 0.0% $1,328 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/20/2024 07/20/24 Price Changed $1,070,000 -2.3% $1,328 / Sq Ft
06/18/2024 06/18/24 For Sale $1,095,000 0.0% $1,359 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $1,095,000 -- $1,359 / 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 $559 $4,569 -- --
2024 $549 $4,351 -- --
2023 $549 $16,060 $3,210 $12,850
2022 $531 $11,470 $2,290 $9,180
2021 $538 $9,760 $1,950 $7,810
2020 $524 $8,480 $1,690 $6,790
2019 $515 $7,360 $1,470 $5,890
2018 $501 $6,220 $1,240 $4,980
2017 $499 $5,010 $1,000 $4,010
2016 $490 $4,450 $890 $3,560
2015 $453 $3,700 $740 $2,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6755715

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-35-112A