NOT LISTED FOR SALE

915 S Kenwood Cir Tempe, AZ 85281

Apache Neighborhood

Estimated Value: $803,651 - $1,096,000

-- Bed
-- Bath
2,173 Sq Ft
$417/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $460,000 $212 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,968/month

43 Days on Market

Highlights

  • Cooling Available
  • Stone Flooring
  • Heating System Uses Natural Gas
  • Thew Elementary School Rated 9+
  • Ceiling Fan

About This Home

As of March 2018

This property is currently under construction with a licensed contractor-look a the exterior photos! The inside will match the outside in quality of work and finishes! NEW NEW and NEW is what is being done! Feel free to stop by and look a the property. Rent Study is available and shows $8-900 per month based on the remodel that is being done.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 12/23/2017

Last Buyer's Agent

John Davis

Rock Bottom Realty License #SA574802000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,379

Year Built

  • Built in 1962

Lot Details

  • 8,059

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Stone
  • Concrete

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 10
  • Assessor Parcel Number 132-64-029

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Malaran Park 2 Subdivision

Building Details

  • Operating Expense $9,159
  • Gross Income $41,040
  • Net Operating Income $20,952

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,379

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: UNIVERSITY & PRICE
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1962
  • Tax Year: 2017
  • Directions: N on Price (SR101), W on University, S on Smith, W on 10th St, S on Kenwood
  • Road Surface Type: Gravel, Dirt, Asphalt, Sidewalk(s)
  • Professional Management Expense: 2880.0
  • Subdivision Name: MALARAN PARK 2
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Stone, Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Individual, Heat Pump, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 132-64-029

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 41040.0
  • Insurance Expense: 1600.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 20952.0
  • Annual Operating Expense: 9159.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1379.0
  • Tax Book Number: 132.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2017
Closed on
Mar 8, 2018
Sold by
Investment Holdings Of America Lllp
Bought by
Sivarajan Renuka and Raghavan Muralidharan
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
John Davis
Rock Bottom Realty
List Price
$489,000
Sold Price
$460,000
Premium/Discount to List
-$29,000
-5.93%
Current Estimated Value
$907,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,163
Avg. Annual Appreciation
8.90%
Original Mortgage
$345,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2017
Sold by
Third Coast Land Co Llc
Bought by
Investment Holdings Of America Lllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2017
Sold by
Windsor Village Llc
Bought by
Third Coast Land Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2016
Sold by
Terra Del Sol Real Estate Llc
Bought by
Windsor Village Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3.54%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 20, 2012
Sold by
Ring Elliot S
Bought by
Terra Del Sol Real Estate Llc

Purchase Details

Closed on
Jun 4, 2004
Sold by
Parra Carlos
Bought by
Ring Elliott S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
4.17%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 28, 2003
Sold by
Ar Shield 3 Llc
Bought by
Parra Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,900
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Heins Ralph C and Heins Ann L
Bought by
Ar Shield 3 Llc

Purchase Details

Closed on
May 31, 2002
Sold by
Pierce Karen A and Wallace Bruce D
Bought by
Heins Ralph C and Heins Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 1999
Sold by
Smith Duane L and Smith Karen Sue
Bought by
Pierce Karen and Wallace Bruce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,600
Interest Rate
7.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sivarajan Renuka $460,000 Empire West Title Agency Llc
Investment Holdings Of America Lllp $270,000 Empire West Title Agency Llc
Third Coast Land Co Llc $264,000 Fidelity National Title
Windsor Village Llc $205,000 Greystone Title Agency Llc
Terra Del Sol Real Estate Llc -- None Available
Ring Elliott S $199,000 Fidelity National Title
Parra Carlos $167,000 Arizona Title Agency Inc
Ar Shield 3 Llc -- --
Heins Ralph C $151,000 Fidelity National Title
Pierce Karen $138,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sivarajan Renuka $60,000
Open Sivarajan Renuka $340,000
Closed Sivarajan Renuka $345,000
Previous Owner Investment Holdings Of America Lllp $240,000
Previous Owner Third Coast Land Co Llc $260,000
Previous Owner Windsor Village Llc $296,000
Previous Owner Windsor Village Llc $164,000
Previous Owner Ring Elliott S $159,200
Previous Owner Parra Carlos $116,900
Previous Owner Heins Ralph C $135,900
Previous Owner Pierce Karen $96,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $460,000 -5.9% $212 / Sq Ft
02/04/2018 02/04/18 Pending -- -- --
12/23/2017 12/23/17 For Sale $489,000 -- $225 / 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 $1,606 $14,336 -- --
2024 $1,587 $13,653 -- --
2023 $1,587 $60,270 $12,050 $48,220
2022 $1,522 $41,870 $8,370 $33,500
2021 $1,532 $35,360 $7,070 $28,290
2020 $1,486 $30,770 $6,150 $24,620
2019 $1,458 $25,000 $5,000 $20,000
2018 $1,422 $21,280 $4,250 $17,030
2017 $1,379 $20,450 $4,090 $16,360
2016 $1,369 $19,150 $3,830 $15,320
2015 $1,315 $16,230 $3,240 $12,990
Source: Public Records

Agents Affiliated with this Home

  • Linda Gerchick

    Seller's Agent in 2018

    Linda Gerchick

    Gerchick Real Estate

    (602) 688-9279

    119 Total Sales

    Linda Gerchick
    Section Image

  • J

    Buyer's Agent in 2018

    John Davis

    Rock Bottom Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5701224

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-64-029

Arizona Maricopa County Tempe 85281 Apache

915 S Kenwood Cir, Tempe, AZ

This home is located at 915 S Kenwood Cir, Tempe, AZ 85281 since 23 December 2017 and is currently estimated at $907,163, approximately $417 per square foot. This property was built in 1962. 915 S Kenwood Cir is a home located in Maricopa County with nearby schools including Thew Elementary School, Connolly Middle School, and McClintock High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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