NOT LISTED FOR SALE

Estimated Value: $552,000 - $1,108,015

Studio
4 Baths
1,950 Sq Ft
$473/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2015

Last sale price $114,900 $59 Per Sq Ft

Est. 702% increase in value since last sale

Current estimated payment $5,172 / mo

5 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available
  • Longview Elementary School Rated 9+

About This Home

As of April 2015

Calling all investors!! Great short sale opportunity in a great area. This is a multifamily property. Don't have to look any further. Short Sale!

Last Agent to Sell the Property

Daniel Barraza

My Home Group Real Estate License #SA639785000 Listed on: 08/15/2014

My Home Group Real Estate

Last Buyer's Agent

Liliana Sanchez Perez

eXp Realty License #SA648355000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $995

Year Built

  • Built in 1984

Lot Details

  • 0.28

Home Design

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

Flooring

  • Carpet
  • Concrete

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV, landscaping
  • The owner pays for water
  • Tax Lot 11
  • Assessor Parcel Number 155-19-003

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 57 X 219

Building Details

  • Operating Expense $2,745
  • Net Operating Income $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$995

Year Built

Built in 1984

Lot Details

0.28 Acres

Listing Details

  • Cross Street: 12th Street and Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2013
  • Road Surface Type: Gravel, Dirt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Concrete
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: 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)
  • 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:Other (See Remarks)24: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 57 X 219
  • Additional Parcels: No
  • Parcel #: 155-19-003

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity, Cable TV, Landscaping
  • Number Of Units Total: 4
  • Insurance Expense: 750.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 1500.0
  • Annual Operating Expense: 2745.36
  • Vacancy Allowance Rate: 0.15

Tax Info

  • Tax Annual Amount: 995.36
  • Tax Book Number: 155.00
  • Tax Lot: 11

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2019
Sold by
Bought by
Current Estimated Value
$922,005

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
Outstanding Balance
$172,552
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$749,453

Purchase Details

Listed on
Aug 15, 2014
Closed on
Apr 6, 2015
Sold by
Bought by
Seller's Agent
Daniel Barraza
My Home Group Real Estate
Buyer's Agent
Liliana Sanchez Perez
eXp Realty
List Price
$114,000
Sold Price
$114,900
Premium/Discount to List
$900
0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.35%
Original Mortgage
$371,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 1998
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 1998
Sold by
Bought by

Purchase Details

Closed on
Nov 28, 1995
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Stewart Ttl & Tr Of Phoenix
$114,000 First Arizona Title Agency
$200,000 Guaranty Title Agency
-- --
-- --
-- Capital Title Agency
$95,000 Capital Title Agency
-- Capital Title Agency
-- --
$75,000 Stewart Title & Trust
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $200,000
Previous Owner $371,000
Previous Owner $47,621
Previous Owner $52,300
Previous Owner $170,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/24/2015 04/24/15 Sold $114,900 +0.8% $59 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $114,000 -- $58 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,956 $15,060
2024 $1,826 $14,343
2023 $1,826 $61,220 $12,240 $48,980
2022 $1,815 $41,430 $8,280 $33,150
2021 $1,846 $34,670 $6,930 $27,740
2020 $1,800 $29,810 $5,960 $23,850
2019 $1,722 $28,170 $5,630 $22,540
2018 $1,859 $24,550 $4,910 $19,640
2017 $1,334 $23,220 $4,640 $18,580
2016 $1,284 $18,180 $3,630 $14,550
2015 $1,196 $14,450 $2,890 $11,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5159887

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-19-003

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