NOT LISTED FOR SALE

Estimated Value: $281,000 - $409,000

-- Bed
-- Bath
936 Sq Ft
$337/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $87,000 $93 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $1,699/month

46 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • 4-minute walk to Norton Park
  • Sunnyslope High School Rated A
  • Heat Pump System

About This Home

As of October 2014

Solid brick duplex located close to preserve in north Phoenix.. Two, one bedroom units, Power and gas is separate, water and sewer combined. Gas packs, gas ranges and water heaters. Owner had roof replaced and add extra attic insulation in 2012.. Copper plumbing, dual pane windows, close to JCL Hospital, hiking and biking trails, midtown and downtown Phoenix. Nice solid duplex could be converted to single family home..

Last Agent to Sell the Property

Timothy Mullan

HomeSmart License #SA510339000 Listed on: 08/20/2014

HomeSmart

Last Buyer's Agent

Douglas Hoff

My Home Group Real Estate License #SA629970000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $418

Year Built

  • Built in 1949

Lot Details

  • 6,795

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 17
  • Assessor Parcel Number 159-34-017

Community Details

Overview

  • 2 Units
  • Building Dimensions are UNAV
  • Hiller Heights Subdivision

Building Details

  • Operating Expense $1,768
  • Net Operating Income $9,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$418

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Cross Street: 12 STREET & DUNLAP
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Year Built: 1949
  • Tax Year: 2013
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: Hiller Heights
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • 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:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:TV Antenna: Yes

Fee Information

  • Annual Water Sewer Expense: 850.0

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Middle Or Junior School: Washington Elementary School - Phoenix

Lot Info

  • Lot Size: UNAV
  • Additional Parcels: No
  • Parcel #: 159-34-017

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Insurance Expense: 500.0
  • Property Net Operating Income: 9600.0
  • Annual Operating Expense: 1768.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 418.0
  • Tax Book Number: 159.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2014
Closed on
Oct 27, 2014
Sold by
Genrich Timothy W and Genrich Connie P
Bought by
Williams Lily
Seller's Agent
Timothy Mullan
HomeSmart
Buyer's Agent
Douglas Hoff
My Home Group Real Estate
List Price
$95,000
Sold Price
$87,000
Premium/Discount to List
-$8,000
-8.42%
Current Estimated Value
$315,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,646
Avg. Annual Appreciation
12.24%
Original Mortgage
$81,496
Outstanding Balance
$27,225
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$288,421

Purchase Details

Closed on
Jul 14, 2003
Sold by
Genrich Timothy W
Bought by
Genrich Timothy W and Genrich Connie P

Purchase Details

Closed on
Apr 25, 2002
Sold by
Lange Richard F
Bought by
Genrich Timothy W

Purchase Details

Closed on
Apr 24, 2002
Sold by
Genrich Connie P
Bought by
Genrich Timothy W

Purchase Details

Closed on
Apr 11, 1997
Sold by
Roehborn Ronald
Bought by
Lange Richard F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Lily $83,000 Grand Canyon Title Agency In
Genrich Timothy W -- --
Genrich Timothy W $80,000 Lawyers Title Of Arizona Inc
Genrich Timothy W -- Lawyers Title Of Arizona Inc
Lange Richard F -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Lily $81,496
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2014 10/30/14 Sold $87,000 -8.4% $93 / Sq Ft
10/04/2014 10/04/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $95,000 -- $101 / 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 $615 $4,836 -- --
2024 $581 $4,606 -- --
2023 $581 $18,980 $3,790 $15,190
2022 $562 $13,520 $2,700 $10,820
2021 $569 $11,730 $2,340 $9,390
2020 $555 $10,120 $2,020 $8,100
2019 $545 $8,560 $1,710 $6,850
2018 $530 $7,180 $1,430 $5,750
2017 $528 $5,730 $1,140 $4,590
2016 $518 $5,180 $1,030 $4,150
2015 $480 $4,380 $870 $3,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5160040

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-34-017