NOT LISTED FOR SALE

Estimated Value: $690,444

7 Beds
6 Baths
1,345 Sq Ft
$513/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $570,000 $424 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,002/month

53 Days on Market

Highlights

  • Cooling Available
  • Community Playground
  • Heating Available
  • Sunnyslope High School Rated A
  • Ceramic Tile Flooring

About This Home

As of September 2021

Amazing Investment opportunity in a highly desired sunny-slope area. 4-plex Townhouse style units build in the 1980s. Tenants base and offers residents a home style living experience with fenced yards, on-site Laundry and a Central courtyard. NEW ROOF 2021, NEW EXTERIOR PAINT 2021. Unit A,B,C just remodeled- New kitchen cabinets/countertops. Unit A has new paint, carpet, and plumbing. Month to month tenants willing to extend. Individually metered for electricity with ample parking. Month to month tenants willing to extend. Electricity is separately metered and paid by tenant.

Last Listed By

Gavriel Yagudayev

eXp Realty License #SA640592000 Listed on: 06/29/2021

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1985

Lot Details

  • 9,060

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Siding

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Paved Parking

Schools

  • Washington Elementary School - Phoenix
  • Sunnyslope Elementary Middle School
  • Royal Palm Middle High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 27
  • Assessor Parcel Number 159-35-109

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 9039
  • Lot 27 Waltmore Mcr 002914 Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $6,429
  • Gross Income $44,820
  • Net Operating Income $38,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,539

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 11th St and Hatcher
  • Property Type: Multiple Dwellings
  • Zoning: Muti rental
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2020
  • Directions: On 11ST go South of Hatcher go East of cave creek North of Dunlap
  • Road Surface Type: Concrete
  • Subdivision Name: LOT 27 WALTMORE MCR 002914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Appliances: F/S Oven/Range, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), Paved Parking, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Electric
  • Heating: Other, See Remarks, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Play Area

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Annual Water Sewer Expense: 2240.0

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Royal Palm Middle School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Sunnyslope Elementary School

Lot Info

  • Lot Size: 9039
  • Additional Parcels: No
  • Parcel #: 159-35-109

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 44820.0
  • Insurance Expense: 2250.0
  • Property Net Operating Income: 38750.0
  • Annual Operating Expense: 6429.0

Tax Info

  • Tax Annual Amount: 1539.0
  • Tax Book Number: 159.00
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Sep 21, 2021
Sold by
Cortes Quetzalcoatl Ian
Bought by
Ql Properties Llc
Seller's Agent
Gavriel Yagudayev
eXp Realty
Buyer's Agent
Christina Palermo
Keller Williams Arizona Realty
List Price
$549,999
Sold Price
$570,000
Premium/Discount to List
$20,001
3.64%
Total Days on Market
53
Current Estimated Value
$690,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,444
Avg. Annual Appreciation
5.38%
Original Mortgage
$423,750
Outstanding Balance
$388,927
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$301,517

Purchase Details

Listed on
Jun 29, 2021
Closed on
Sep 17, 2021
Sold by
Uvaydov Natan
Bought by
Cortes Quetzalcoatl Ian
Seller's Agent
Gavriel Yagudayev
eXp Realty
Buyer's Agent
Christina Palermo
Keller Williams Arizona Realty
List Price
$549,999
Sold Price
$570,000
Premium/Discount to List
$20,001
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Outstanding Balance
$388,927
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$301,517

Purchase Details

Closed on
Apr 5, 2021
Sold by
Santos Roberto Antonio
Bought by
Uvaydov Natan

Purchase Details

Closed on
Oct 22, 2013
Sold by
Franco Jose
Bought by
Santos Roberto Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,310
Interest Rate
4.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 11, 2001
Sold by
Alden Patricia and The Alden Living Trust
Bought by
Franco Jose

Purchase Details

Closed on
Apr 9, 2001
Sold by
Franco A Consuelo
Bought by
Franco Jose

Purchase Details

Closed on
Oct 24, 2000
Sold by
Pearson Dianna J
Bought by
Alden Living Trust

Purchase Details

Closed on
Jan 7, 1999
Sold by
Alden Patricia and Alden Living Trust
Bought by
Pearson Dianna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
9.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 17, 1998
Sold by
Alden Mary Patricia
Bought by
Alden Patricia and Alden Living Trust

Purchase Details

Closed on
Sep 2, 1993
Sold by
Chaney Donald William and Chaney Shirley Jean
Bought by
Chaney Donald William and Chaney Shirley Jean

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
Ql Properties Llc -- Accommodation
Cortes Quetzalcoatl Ian -- Security Title Agency Inc
Cortes Quetzalcoatl Ian $565,000 Security Title Agency Inc
Uvaydov Natan $455,000 Security Title Agency Inc
Santos Roberto Antonio $180,000 First American Title
Franco Jose $155,000 Capital Title Agency Inc
Franco Jose -- Capital Title Agency Inc
Alden Living Trust $67,745 --
Pearson Dianna J $150,000 Arizona Title Agency
Alden Patricia -- --
Chaney Donald William -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Quetzalcoatl Ian $423,750
Closed Cortes Quetzalcoatl Ian $423,750
Previous Owner Santos Roberto Antonio $172,310
Previous Owner Pearson Dianna J $105,000
Previous Owner Alden Mary P $74,700
Closed Pearson Dianna J $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $570,000 +3.6% $424 / Sq Ft
06/28/2021 06/28/21 For Sale $549,999 -- $409 / 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 $1,641 $13,413 -- --
2024 $1,611 $12,775 -- --
2023 $1,611 $51,120 $10,220 $40,900
2022 $1,558 $35,970 $7,190 $28,780
2021 $1,578 $29,280 $5,850 $23,430
2020 $1,539 $25,770 $5,150 $20,620
2019 $1,511 $22,750 $4,550 $18,200
2018 $1,471 $19,100 $3,820 $15,280
2017 $1,464 $15,630 $3,120 $12,510
2016 $1,437 $14,880 $2,970 $11,910
2015 $1,331 $12,610 $2,520 $10,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6257358

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-35-109