NOT LISTED FOR SALE

Estimated Value: $576,000 - $807,571

7 Beds
3 Baths
1,755 Sq Ft
$390/Sq Ft Est. Value

Sale Details

Date Sold: October 13, 2021

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

Est. 18% increase in value since last sale

Current estimated payment $3,922 / mo

1 Day on Market

Highlights

  • Cooling Available
  • Patio
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Outdoor Storage
  • Fenced

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

  • Fenced
  • Desert Landscape

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Blinds
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport
  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for water, sewer, electricity, gas, trash collection, cable TV
  • 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 Sq Ft Lot

Listing Details

  • Cross Street: Thomas and 10th Street
  • Property Type: Multiple Dwellings
  • Zoning: multi family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: LOS OLIVOS HEIGHTS
  • Tax Parcel Letter: A
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Electric, Ceiling Fan(s)
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer
  • Interior Features:Interior Features: Unfurnished, Fire/Smoke Alarm(s), Mini Blinds

Exterior Features

  • Disclosures: None
  • Construction Type: Block, Wood Frame, Painted
  • Roof: Composition, Metal
  • Exterior Amenities: Desert Landscaping, Fenced, Cable TV Available, Patio/Balcony, Separate Storage

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Carport, On Street, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • Parking Features:Parking Features: Paved, Carport, On Street, >1 Space Per Unit

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

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
  • Tenant Pays: Water, Sewer, Electricity, Gas, Trash Collection, Cable TV
  • 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: 117.0
  • Tax Lot: 19

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

Listed on
Jul 19, 2021
Closed on
Sep 26, 2021
Sold by
Bought by
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
$684,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,643
Avg. Annual Appreciation
3.57%
Original Mortgage
$435,000
Interest Rate
0.028%
Mortgage Type
New Conventional
Source: Public Records
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

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
$580,000 First American Title Ins Co
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
Closed $435,000
Closed $435,000
Closed $225,000
Closed $177,000
Closed $300,000
Closed $300,000
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
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

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 $2,935 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6266838

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-31-187A

Your Personal Tour Guide

Ask me questions while you tour the home.