NOT LISTED FOR SALE

Estimated Value: $438,719 - $500,000

-- Bed
1 Bath
933 Sq Ft
$497/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $240,000 $257 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,831/month

5 Days on Market

Highlights

  • Evaporated cooling system
  • Ceiling Fan
  • 5-minute walk to Mitchell Park
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of June 2015

Location Meet Opportunity! High demand area within 1 mile of ASU and the Light Rail! AND near the intersection of Mill Ave and University Dr! Unique property features 2 rental homes with the same parcel#. Built circa 1949, both homes are just waiting for your cosmetic TLC, listed ''AS IS'' and priced aggressively. Both have a good rental history, 2 bedrooms, 1 bath, a nice backyard with grass, approx. 900 sq ft and privately separated by a fence. One home has a long time tenant on mo/mo. You will enjoy the short walk to the dog park, children play area, and the soccer nets in Mitchell Park. Live in one and lease the other, or lease both! Second property ideal for students, next generation parents, grown children. Many great options!

Last Agent to Sell the Property

Dennis Soeffner

Realty ONE Group License #SA632439000 Listed on: 06/05/2015

Co-Listed By

Anita Burg

Realty ONE Group License #SA556467000

Last Buyer's Agent

Nancy Minniti

HomeSmart License #SA520128000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,385

Year Built

  • Built in 1949

Lot Details

  • Property fronts an alley

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Paved Parking

Utilities

  • Evaporated cooling system
  • Central Air
  • Heating Available

Community Details

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 9,577 sq ft
  • Goodwin Homes Subdivision

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, landscaping
  • Legal Lot and Block 15 / 5
  • Assessor Parcel Number 124-69-068-A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,385

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Cross Street: S Wilson St at W 9th St
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-2 Multi-Fam
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1949
  • Tax Year: 2014
  • Directions: Heading West on W University Dr after crossing Rail Road tracks turn Left(South) on S Wilson St. After crossing W 9th St, Property is Second on Right Side.
  • Road Frontage Type: Alley
  • Road Surface Type: Dedicated Street
  • Co List Office Mls Id: reog01
  • Co List Office Phone: 480-315-1240
  • Subdivision Name: GOODWIN HOMES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Evaporative Cooling, Ceiling Fan(s)
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 9,577 sq ft
  • Additional Parcels: No
  • Parcel #: 124-69-068-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Landscaping
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2385.0
  • Tax Block: 5
  • Tax Book Number: 124.00
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2015
Closed on
Jun 24, 2015
Sold by
Collett Kathleen M
Bought by
Hervig Richard L and Bahamonde Joan F
Seller's Agent
Dennis Soeffner
Realty ONE Group
Buyer's Agent
Nancy Minniti
HomeSmart
List Price
$260,000
Sold Price
$240,000
Premium/Discount to List
-$20,000
-7.69%
Current Estimated Value
$463,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,680
Avg. Annual Appreciation
7.17%
Original Mortgage
$180,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1999
Sold by
Mitchell William Wesley and Estate Of William Joshua Mitch
Bought by
Collett Ronald W and Collett Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,450
Interest Rate
7.96%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Hervig Richard L $240,000 First American Title Ins Co
Collett Ronald W $148,100 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hervig Richard L $170,000
Closed Hervig Richard L $180,000
Previous Owner Collett Ronald W $117,600
Previous Owner Collett Ronald W $118,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2015 06/29/15 Sold $240,000 -7.7% $257 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $260,000 -- $279 / 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 $2,972 $26,527 -- --
2024 $2,936 $25,264 -- --
2023 $2,936 $42,950 $8,590 $34,360
2022 $2,816 $35,460 $7,090 $28,370
2021 $2,836 $32,420 $6,480 $25,940
2020 $2,749 $28,900 $5,780 $23,120
2019 $2,697 $23,420 $4,680 $18,740
2018 $2,630 $22,820 $4,560 $18,260
2017 $2,552 $19,600 $3,920 $15,680
2016 $2,534 $22,600 $4,520 $18,080
2015 $2,434 $19,860 $3,970 $15,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5290278

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-69-068A