NOT LISTED FOR SALE

Estimated Value: $565,000 - $779,000

7 Beds
3 Baths
1,755 Sq Ft
$383/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $580,000 $330 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,813/month

1 Day on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of October 2021

Fab Investment opportunity - 3 unit Tri Plex in the Historic Coronado. Live in the house & rent out the other 2 units. That income along-pays your expenses. OR rent out all 3. Each unit has their own address, gas, elect meters, & parking.. Property consists of two 2BR/1 BA units & a 3BR/1 BA house. Rents are low at this time & tenants are on a mo, to mo, lease. Very EZ to maintain property. 5 reputable hospitals in the immediate area. Plenty of dining options, art galleries, parks, sports arenas, Convention Center & all the urban flavors of down town Coronado, make this unique highly sought after neighborhood. Conveniently located close to all major freeways, I 10, Hwy 17, 51, & the 202. There is even a walking/bike bridge to ASU. EZ ACCESS TO BUS , LIGHT RAIL and AIRPORT

Last Agent to Sell the Property

Susan Frano

ProAmerica Real Estate License #SA041562000 Listed on: 07/19/2021

Last Buyer's Agent

Luis Solis

HomeSmart License #SA555988000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,649

Year Built

  • Built in 1955

Lot Details

  • 9,888

Home Design

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

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Carpet

Parking

  • 4 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • Paved Parking
  • On-Street Parking

Schools

  • Emerson Elementary School
  • Phoenix Prep Academy Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Legal Lot and Block 19 / 8
  • Assessor Parcel Number 117-31-187-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 9,900 sq ft
  • Los Olivos Heights Subdivision

Building Details

  • Operating Expense $2,649
  • Gross Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,649

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: Thomas and 10th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2020
  • Directions: South on 10th street to Palm Lane Property on NW corner
  • Road Surface Type: Asphalt
  • Subdivision Name: LOS OLIVOS HEIGHTS
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Wood
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Block
  • Roof: Composition, Metal
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, >1 Space Per Unit, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Emerson Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 9,900 sq ft
  • Additional Parcels: No
  • Parcel #: 117-31-187-A

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 3
  • Annual Gross Income: 34200.0
  • Annual Operating Expense: 2649.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2649.0
  • Tax Block: 8
  • Tax Book Number: 117.00
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 26, 2021
Sold by
French Gail and Guzman Cynthia
Bought by
Solis Luis
Seller's Agent
Susan Frano
ProAmerica Real Estate
Buyer's Agent
Luis Solis
HomeSmart
List Price
$595,000
Sold Price
$580,000
Premium/Discount to List
-$15,000
-2.52%
Current Estimated Value
$672,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,519
Avg. Annual Appreciation
5.64%
Original Mortgage
$435,000
Outstanding Balance
$400,958
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$318,673

Purchase Details

Listed on
Jul 19, 2021
Closed on
Aug 26, 2021
Sold by
Solis Luis
Bought by
920 East Palm Llc
Seller's Agent
Susan Frano
ProAmerica Real Estate
Buyer's Agent
Luis Solis
HomeSmart
List Price
$595,000
Sold Price
$580,000
Premium/Discount to List
-$15,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Outstanding Balance
$400,958
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$318,673

Purchase Details

Closed on
Sep 18, 2015
Sold by
Rininger Timothy Gary
Bought by
French Gail and Guzman Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2011
Sold by
Woodward 41 Llc
Bought by
Rininger Timothy Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
4.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 23, 2009
Sold by
Radvick Stephen and Zugor Barbara
Bought by
Woodward 41 Llc

Purchase Details

Closed on
May 19, 2009
Sold by
Barnett Sheila
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 30, 2009
Sold by
U S Bank National Association
Bought by
Radvick Stephen and Zugor Barbara

Purchase Details

Closed on
Dec 7, 2005
Sold by
Jps Holdings Llc
Bought by
Barnett Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
9.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2005
Sold by
Uncle Pike Llc
Bought by
Jps Holding Llc

Purchase Details

Closed on
Feb 2, 2004
Sold by
Harris Michael W and Tutaya Martha M
Bought by
Uncle Pike Llc

Purchase Details

Closed on
Nov 2, 1994
Sold by
Mcgrath Wayne M and Mcgrath Barbara S
Bought by
Harris Michael W and Tutaya Martha M
Source: Public Records

Range of Values:

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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
Solis Luis $580,000 First American Title Ins Co
920 East Palm Llc -- None Available
Solis Luis -- First American Title Ins Co
French Gail $300,000 Dhi Title Agency
Rininger Timothy Gary $180,000 Fidelity Natl Title Ins Co
Woodward 41 Llc -- None Available
U S Bank National Association $112,455 First American Title
Radvick Stephen $86,427 Fidelity Natl Title Ins Co
Barnett Sheila $300,000 Guaranty Title Agency
Jps Holding Llc $252,500 Pioneer Title Agency Inc
Uncle Pike Llc -- --
Harris Michael W $25,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solis Luis $435,000
Previous Owner Solis Luis $435,000
Previous Owner Solis Luis $435,000
Previous Owner French Gail $225,000
Previous Owner Rininger Timothy Gary $177,000
Previous Owner Barnett Sheila $300,000
Previous Owner Barnett Sheila $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $580,000 -2.5% $330 / Sq Ft
10/08/2021 10/08/21 Price Changed $595,000 0.0% $339 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $595,000 -- $339 / 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 $2,763 $20,658 -- --
2024 $2,736 $19,674 -- --
2023 $2,736 $66,150 $13,230 $52,920
2022 $2,639 $49,650 $9,930 $39,720
2021 $2,619 $44,880 $8,970 $35,910
2020 $2,649 $35,850 $7,170 $28,680
2019 $2,645 $31,370 $6,270 $25,100
2018 $2,599 $27,170 $5,430 $21,740
2017 $2,539 $24,210 $4,840 $19,370
2016 $2,466 $21,400 $4,280 $17,120
2015 $2,282 $22,250 $4,450 $17,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6266838

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-31-187A