NOT LISTED FOR SALE

Estimated Value: $300,869 - $637,000

2 Beds
1 Bath
2,461 Sq Ft
6,534 Sq Ft Lot

Last Sold August 17, 2017

Last sale price $160,000 $65 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $2,659/month

11 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wood Fence
  • Phoenix Coding Academy Rated A
  • Evaporated cooling system

About This Home

As of August 2017

This is a great income generator. It is currently fully occupied. 3 2bed 1bath units, and 1 studio. This is a AS IS sale, and the price reflects that. Best multi family value in the area. It needs some TLC, but it is fully occupied with rent rolling in. It is currently rented as all utilities included. It is individually metered for electric and gas. Water is the only bill that would need to stay with the owner. Rents are currently at 650 for the 2bed's, and 400 for the studio. They probably can rent for 600, and 350 without utilities. Tour of the property can happen after accepted contract. *****Do not disturb tenants.****

Last Agent to Sell the Property

Eric Millsap

HomeSmart License #SA652625000 Listed on: 07/25/2017

HomeSmart

Last Buyer's Agent

James Yancey

Gentry Real Estate License #SA623899000

Gentry Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $785

Year Built

  • Built in 1946

Lot Details

  • Wood Fence
  • Chain Link Fence

Home Design

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

Interior Spaces

  • 2,461 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space

Schools

  • Alma Elementary School
  • Alhambra Traditional Middle School
  • Phoenix Union Bioscience High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 11 / 1
  • Assessor Parcel Number 116-03-011-A

Community Details

Overview

  • No Home Owners Association
  • Bumbalow Heights Blk 3, Lots 7 13 Subdivision

Amenities

  • No Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$785

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: 22nd ST and Roosevelt
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1946
  • Tax Year: 2016
  • Directions: Head West on Roosevelt to 22nd Pl. It is located on the southeast corner of 22nd pl and Roosevelt.
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.15
  • Subdivision Name: BUMBALOW HEIGHTS BLK 3, LOTS 7-13
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 2461.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Refrigerator2: Yes

Exterior Features

  • Fencing: Chain Link, Wood
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Heating: None
  • Laundry Features: None
  • Water Source: City Water
  • Heating:No Heat: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Alma Elementary School
  • High School: Phoenix Union Bioscience High School
  • Middle Or Junior School: Alhambra Traditional School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6681.0
  • Parcel #: 116-03-011-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: NA

Tax Info

  • Tax Annual Amount: 784.86
  • Tax Block: 1
  • Tax Book Number: 116.00
  • Tax Lot: 11
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2019
Sold by
Cook Kelly and Kotter David F
Bought by
The Kotter Family Trust
Current Estimated Value
$484,967

Purchase Details

Closed on
Feb 21, 2019
Sold by
Normandy Holdings Llc
Bought by
Cook Kelly and Kotter David F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2019
Sold by
Cook Kristen
Bought by
Cook Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2019
Sold by
Kotter Jill M
Bought by
Kotter David F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2017
Closed on
Aug 8, 2017
Sold by
Ryervest Llc
Bought by
Kotter Holdings Llc
Seller's Agent
Eric Millsap
HomeSmart
Buyer's Agent
James Yancey
Gentry Real Estate
List Price
$189,900
Sold Price
$160,000
Premium/Discount to List
-$29,900
-15.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.59%
Original Mortgage
$120,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2017
Sold by
Mojave Enterprises Llc
Bought by
Ryervest Llc

Purchase Details

Closed on
Feb 21, 2011
Sold by
Mojave Enterprises Llc
Bought by
Ryervest Llc

Purchase Details

Closed on
Feb 8, 2011
Sold by
Fannie Mae
Bought by
Millsap Eric

Purchase Details

Closed on
Jun 9, 2010
Sold by
Vasquez Victor and Vasquez Elisa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 6, 2003
Sold by
Lomeli Fabiola
Bought by
Vasquez Victor and Vasquez Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,525
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2001
Sold by
Rodriguez Antonio Chairez
Bought by
Lomeli Fabiola

Purchase Details

Closed on
Dec 20, 2000
Sold by
Hahn Michael A and Hahn Lloyd
Bought by
Lomeli Fabiola

Purchase Details

Closed on
Jun 9, 1995
Sold by
Meade Jack M and Meade Barbara A
Bought by
Hahn Michael A and Hahn Lloyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
7.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
The Kotter Family Trust -- None Available
Cook Kelly -- Lawyers Title Of Arizona Inc
Cook Kelly -- Lawyers Title Of Arizona Inc
Cook Kelly -- Lawyers Title Of Arizona Inc
Kotter David F -- Lawyers Title Of Arizona Inc
Kotter Holdings Llc $160,000 First American Title Insuran
Ryervest Llc -- First American Title Insuran
Ryervest Llc -- None Available
Mojave Enterprises Llc -- None Available
Millsap Eric $37,500 Stewart Title & Trust Of Pho
Federal National Mortgage Association $162,502 Great American Title Agency
Vasquez Victor $139,500 Grand Canyon Title Agency In
Lomeli Fabiola -- Arizona Title Agency Inc
Lomeli Fabiola $87,500 Arizona Title Agency Inc
Hahn Michael A $58,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook Kelly $200,000
Previous Owner Kotter Holdings Llc $120,000
Previous Owner Vasquez Victor $132,525
Previous Owner Hahn Michael A $52,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2017 08/17/17 Sold $160,000 -15.7% $65 / Sq Ft
08/05/2017 08/05/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $189,900 -- $77 / 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 $920 $7,077 -- --
2024 $909 $6,740 -- --
2023 $909 $34,050 $6,810 $27,240
2022 $874 $24,950 $4,990 $19,960
2021 $895 $21,380 $4,270 $17,110
2020 $873 $17,370 $3,470 $13,900
2019 $867 $13,980 $2,790 $11,190
2018 $849 $11,210 $2,240 $8,970
2017 $816 $11,100 $2,220 $8,880
2016 $785 $8,620 $1,720 $6,900
2015 $730 $7,530 $1,500 $6,030
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5637631

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-03-011A