NOT LISTED FOR SALE

Estimated Value: $1,027,000 - $1,204,000

3 Beds
-- Bath
2,310 Sq Ft
$486/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $999,000 $432 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,466/month

110 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heat Pump System
  • Madison Richard Simis School Rated A-
  • Ceiling Fan

About This Home

As of December 2021

Amazing Triplex opportunity in a prime Phoenix location and quiet neighborhood surrounded by single family homes. *Madison School District* 2 units are 1 bed 1 bath and 1 unit is 2 bed 1 bath. .Newer air conditioning units on 2 of 3 units. Irrigated lush property. 4 covered parking spots and full washer dryer facility on the premises. One tenant is on a month to month lease giving you access for owner occupancy/ financing! the other two tenants have 6 months left on their lease.

Last Agent to Sell the Property

Andrew Gregg

West USA Realty License #SA658242000 Listed on: 07/01/2021

West USA Realty

Last Buyer's Agent

Terry Kass

R.O.I. Properties License #BR503783000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,205

Year Built

  • Built in 1955

Lot Details

  • 9,060

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • Madison #1 Middle School
  • North High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 161-05-080

Community Details

Overview

  • 3 Units
  • Building Dimensions are 9065
  • Orangedale Terrace Subdivision

Building Details

  • Operating Expense $5,785
  • Gross Income $17,000
  • Net Operating Income $17,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,205

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: Glendale & 10th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2020
  • Road Surface Type: Concrete
  • Subdivision Name: ORANGEDALE TERRACE
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: Built-In Range, Free-Standing Range, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit, Carport
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes

Fee Information

  • Annual Water Sewer Expense: 1560.0

Schools

  • Elementary School: Madison #1 Middle School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Lot Size: 9065
  • Additional Parcels: No
  • Parcel #: 161-05-080

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 17000.0
  • Insurance Expense: 820.0
  • Property Net Operating Income: 17000.0
  • Annual Operating Expense: 5785.0

Tax Info

  • Tax Annual Amount: 2205.0
  • Tax Book Number: 161.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Nov 30, 2021
Sold by
919 Ocotillo Llc
Bought by
919 Scarlet Shrub Llc
Seller's Agent
Andrew Gregg
West USA Realty
Buyer's Agent
Terry Kass
R.O.I. Properties
List Price
$999,000
Sold Price
$999,000
Total Days on Market
110
Current Estimated Value
$1,122,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,280
Avg. Annual Appreciation
3.37%
Original Mortgage
$512,000
Outstanding Balance
$475,712
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$646,568

Purchase Details

Listed on
Nov 22, 2016
Closed on
Dec 21, 2016
Sold by
Orlicki Michael
Bought by
919 Ocotillo Llc
Seller's Agent
Frank Boyd
Realty Executives
Buyer's Agent
Andrew Gregg
West USA Realty
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.76%

Purchase Details

Closed on
Oct 15, 2004
Sold by
Caruso Sal and Caruso Patsy J
Bought by
Orlicki Michael

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
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2004
Sold by
Caruso Sal and Caruso Patsy J
Bought by
Caruso Sal and Caruso Patsy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 27, 2004
Sold by
Caruso Steven
Bought by
Caruso Sal and Caruso Patsy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 22, 1995
Sold by
Wynand William J and Wynand Christine D
Bought by
Caruso Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,166
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
919 Scarlet Shrub Llc $999,000 Pioneer Title Agency Inc
919 Ocotillo Llc $350,000 American Title Svc Agency Ll
Orlicki Michael $250,000 Transnation Title
Caruso Sal -- Transnation Title
Caruso Sal -- Arizona Title Agency Inc
Caruso Steven $99,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 925 Scarlet Shrub Llc $512,000
Closed 919 Scarlet Shrub Llc $510,000
Previous Owner Orlicki Michael $320,000
Previous Owner Orlicki Michael $200,000
Previous Owner Caruso Salvatore $161,000
Previous Owner Caruso Steven $96,166
Closed Orlicki Michael $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $999,000 0.0% $432 / Sq Ft
07/01/2021 07/01/21 For Sale $999,000 +185.4% $432 / Sq Ft
01/09/2017 01/09/17 Sold $350,000 0.0% $152 / Sq Ft
11/21/2016 11/21/16 For Sale $350,000 -- $152 / 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 $2,352 $18,936 -- --
2024 $2,289 $18,034 -- --
2023 $2,289 $53,420 $10,680 $42,740
2022 $2,221 $42,420 $8,480 $33,940
2021 $2,240 $37,220 $7,440 $29,780
2020 $2,205 $31,020 $6,200 $24,820
2019 $2,156 $26,230 $5,240 $20,990
2018 $2,104 $23,250 $4,650 $18,600
2017 $2,004 $20,820 $4,160 $16,660
2016 $1,935 $17,670 $3,530 $14,140
2015 $1,797 $16,860 $3,370 $13,490
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6258504

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-05-080